NOT LISTED FOR SALE

9189 Nc Highway 105 S Banner Elk, NC 28604

-- Bed
-- Bath
10,000 Sq Ft
1.2 Acres

Last Sold August 30, 2019

Last sale price $725,000 $72 Per Sq Ft

Highlights

  • Mountain Architecture
  • Attic
  • Double Pane Windows
  • Valle Crucis Elementary School Rated A-
  • No HOA
  • Outdoor Storage

About This Home

As of August 2019

Investors - 21 unit commercial/apartment building. 17 apartments, 6 efficiencies, 4 studios, 5 1 bedrooms and 2 2 bedrooms. 4 commercial/office spaces. Projected monthly rents $11,645.00. Approximate monthly expenses $3,060.00. Approximate monthly income $8,585.00. Most apartments are on a 3 month minimum lease, month to month. Apartments include electric, water, sewer, trash, cable, wifi and are furnished. There is 1 2 bedroom one bath 1200sf unfurnished apartment that the tenant pays electric. Call agent for additional details.

Last Agent to Sell the Property

Frank Agate

105 Realty Place Listed on: 06/06/2019

Last Buyer's Agent

Dan Norman

Martin Real Estate Co.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,249

Year Built

  • Built in 1984

Lot Details

  • 1.2 Acre Lot
  • Land Lease of $11,645 per month

Home Design

  • Mountain Architecture
  • Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 10,000 Sq Ft Home
  • Double Pane Windows
  • Double Hung Windows
  • Crawl Space
  • Storm Doors
  • Attic

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Storage

Schools

  • Valle Crucis Elementary School

Utilities

  • Baseboard Heating
  • Private Water Source
  • Well
  • High Speed Internet

Listing and Financial Details

  • The owner pays for cable TV, trash collection, water
  • Assessor Parcel Number 1888-07-6066-000

Community Details

Overview

  • No Home Owners Association
  • 21 Units

Amenities

  • Private Restrooms

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,249

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.2
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Architectural Style: Mountain
  • Structure Type: Apartment
  • Year Built: 1984
  • Property Sub Type Additional: Apartment,Multi Family
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Range, Microwave, Refrigerator, Washer
  • Owner Pays: Cable TV, Trash Collection, Water
  • Has Basement: Crawl Space
  • Door Features: Screen Door(s), Storm Door(s)
  • Interior Amenities: Attic
  • Window Features: Double Hung, Double Pane Windows

Exterior Features

  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Storage
  • Roof: Architectural, Shingle

Utilities

  • Green Building Features: Private Restrooms
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: Sewer Available, High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Parcel #: 1888-07-6066-000
  • Zoning Description: Business/Comm
  • ResoLotSizeUnits: Acres

Rental Info

  • Land Lease Amount: 11645.0

Multi Family

  • Number Of Units In Community: 21

Tax Info

  • Tax Annual Amount: 3249.0
  • Tax Book Number: 1660/844

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2019
Closed on
Aug 30, 2019
Sold by
Agate Frank A and Agate Kathleen C
Bought by
Sparks Jerry Keith and Sparks Barry Lee
Seller's Agent
Frank Agate
105 Realty Place
Buyer's Agent
Dan Norman
Martin Real Estate Co.
List Price
$725,000
Sold Price
$725,000

Purchase Details

Closed on
Sep 14, 2012
Sold by
Agate Frank A and Agate Kathleen
Bought by
Agate Frank A and Agate Kathleen C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sparks Jerry Keith $725,000 None Available
Agate Frank A -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2019 08/30/19 Sold $725,000 0.0% $73 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $725,000 -- $73 / Sq Ft
Source: High Country Association of REALTORS®

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 $4,730 $1,061,800 $177,200 $884,600
2023 $4,547 $1,061,800 $177,200 $884,600
2022 $4,547 $1,061,800 $177,200 $884,600
2021 $0 $655,800 $203,100 $452,700
2020 $3,611 $655,800 $203,100 $452,700
2019 $3,611 $655,800 $203,100 $452,700
2018 $3,283 $655,800 $203,100 $452,700
2017 $3,283 $655,800 $203,100 $452,700
2013 -- $672,700 $121,900 $550,800
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2019

    Frank Agate

    105 Realty Place

  • D

    Buyer's Agent in 2019

    Dan Norman

    Martin Real Estate Co.

    (828) 264-6222

    5 in this area

    17 Total Sales

    Dan Norman
    Section Image
See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 215468

High Country Association of REALTORS®

APN: 1888-07-6066-000

North Carolina Watauga County Banner Elk 28604

9189 Nc Highway 105 S, Banner Elk, NC

This home is located at 9189 Nc Highway 105 S, Banner Elk, NC 28604 since 06 June 2019. This property was built in 1984. 9189 Nc Highway 105 S is a home located in Watauga County with nearby schools including Valle Crucis Elementary School and Watauga High School.

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.

High Country Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Nearby Homes