NOT LISTED FOR SALE

85 S Fraser Fir Ln Banner Elk, NC 28604

Estimated Value: $1,724,000 - $1,799,000

4 Beds
5 Baths
5,055 Sq Ft
$351/Sq Ft Est. Value

About This Home

This home is located at 85 S Fraser Fir Ln, Banner Elk, NC 28604 and is currently estimated at $1,773,333, approximately $350 per square foot. 85 S Fraser Fir Ln is a home located in Avery County with nearby schools including Newland Elementary School, Avery Middle School, and Grandfather Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2020
Sold by
Aiden Properties Llc
Bought by
Gerukos Peter and Gerukos Michelle
Current Estimated Value
$1,773,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,060,000
Outstanding Balance
$75,200
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,698,133

Purchase Details

Closed on
Aug 24, 2012
Sold by
Bank Of North Carolina
Bought by
Aiden Properties Llc

Purchase Details

Closed on
Jun 29, 2010
Sold by
Infinity Construction Inc
Bought by
Blue Ridge Savings Bank Inc

Purchase Details

Closed on
Jul 13, 2007
Sold by
Walstead Don and Walstead Ann
Bought by
Infinity Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.37%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 13, 2007
Sold by
Wilderness Trail Development Corp
Bought by
Walstead Don

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.37%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gerukos Peter $1,050,000 None Available
Aiden Properties Llc $276,000 None Available
Bank Of North Carolina -- None Available
Blue Ridge Savings Bank Inc $714,000 None Available
Infinity Construction Inc $300,000 None Available
Walstead Don $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerukos Peter $1,060,000
Previous Owner Infinity Construction Inc $750,000
Previous Owner Walstead Don $300,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,188 $1,047,100 $35,000 $1,012,100
2023 $4,188 $1,047,100 $35,000 $1,012,100
2022 $4,188 $1,047,100 $35,000 $1,012,100
2021 $2,867 $521,300 $35,000 $486,300
2020 $2,867 $521,300 $35,000 $486,300
2019 $2,867 $521,300 $35,000 $486,300
2018 $2,867 $521,300 $35,000 $486,300
2017 $2,636 $479,300 $0 $0
2016 $2,143 $479,300 $0 $0
2015 $2,143 $479,300 $35,000 $444,300
2012 -- $1,143,600 $218,800 $924,800
Source: Public Records

Map

North Carolina Avery County Banner Elk 28604

85 S Fraser Fir Ln, Banner Elk, NC

This home is located at 85 S Fraser Fir Ln, Banner Elk, NC 28604 and is currently estimated at $1,773,333, approximately $350 per square foot. 85 S Fraser Fir Ln is a home located in Avery County with nearby schools including Newland Elementary School, Avery Middle School, and Grandfather Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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