NOT LISTED FOR SALE

Lot 118 Eagle Park Dr Banner Elk, NC 28604

Estimated Value: $1,468,000 - $2,200,000

2.2 Acres
$766,589 Price per Acre
95,832 Sq Ft Lot

Last Sold May 28, 2021

Last sale price $160,000

Est. 954% increase in value since last sale

Current estimated payment $9,356/month

239 Days on Market

Highlights

  • River Access
  • Equestrian Center
  • Fishing
  • Cranberry Middle School Rated 9+
  • 24-Hour Security
  • Home fronts a pond

About This Lot

As of May 2021

Great view from this lot at the top of Eagles Nest, flat building site ready to go. Incredible, easy to build lot on cul de sac. Driveway is already cut in. Property joins beautiful hiking trails with waterfalls, etc. Take advantage of all the amenities Eagles Nest has to offer, hiking, ATV trails, tennis, ropes course, TP Village, the list goes on.

Last Agent to Sell the Property

Scott Gordon

High Country Real Estate & Development Listed on: 08/31/2020

Co-Listed By

Rick LaBarre

Blue Ridge Brokerage

Last Buyer's Agent

NONMLS MEMBER

NONMLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $688

Lot Details

  • 2.2 Acre Lot
  • Home fronts a pond
  • Property fronts a private road
  • Cul-De-Sac
  • Lot Has A Rolling Slope
  • Partially Wooded Lot
  • Zoning described as Deed Restrictions,Residential,Subdivision

HOA Fees

  • $183 Monthly HOA Fees

Property Views

  • Trees
  • Mountain

Schools

  • Banner Elk Elementary School
  • Avery County High School

Horse Facilities and Amenities

  • Equestrian Center

Utilities

  • Private Water Source
  • Not Connected to Water Source
  • Well
  • Not Connected to Sewer
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 118
  • Assessor Parcel Number 1940-05-09-5631-00000

Community Details

Overview

  • The Lodges At Eagles Nest Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fishing
  • Trails
  • River Access
  • Stream or River on Lot

Security

  • 24-Hour Security
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$688

Lot Details

0

HOA Fees

$183 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 2.2
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 4044
  • Co List Office Phone: (828) 773-5030
  • Subdivision Name: The Lodges At Eagles Nest
  • Property Sub Type Additional: Residential
  • Special Features: None

Exterior Features

  • Lot Features: Cul-De-Sac, Rolling Slope
  • Topography: Rolling
  • View: Long Range, Mountain(s), Trees/Woods
  • View: Yes
  • Waterfront Features: River Access, Pond
  • Waterfront: No

Utilities

  • Security: 24 Hour Security
  • Sewer: Not Connected, Private Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet Available
  • Water Source: Not Connected, Private, Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Equestrian Community, Fishing, Gated, River, Tennis Court(s), Trails/Paths
  • Association Fee: 2200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk
  • High School: Avery County

Lot Info

  • Parcel #: 1940-05-09-5631-00000
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 688.0
  • Tax Book Number: 523/921
  • Tax Lot: 118

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
May 24, 2021
Sold by
Walthall Richard D and Walthall Cynthia P
Bought by
Wolfe Paul S and Wolfe Aleah J
Seller's Agent
Scott Gordon
High Country Real Estate & Development
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$160,000
Sold Price
$160,000
Current Estimated Value
$1,686,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,526,495
Avg. Annual Appreciation
74.05%
Original Mortgage
$756,700
Outstanding Balance
$686,162
Interest Rate
3%
Mortgage Type
Construction
Estimated Equity
$1,000,333

Purchase Details

Closed on
Aug 10, 2018
Sold by
Stewart Frank and Stewart Bobbi
Bought by
Walthall Richard D and Walthall Cynthia P

Purchase Details

Closed on
Jun 30, 2016
Sold by
Enbe Llc
Bought by
Stewart Frank and Stewart Bobbi
Source: Public Records

Range of Values:

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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
Wolfe Paul S $160,000 None Available
Wolfe Paul S $320 None Listed On Document
Walthall Richard D $135,000 None Available
Stewart Frank $115,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolfe Paul S $756,700
Closed Wolfe Paul S $756,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $160,000 0.0% --
04/28/2021 04/28/21 Pending -- -- --
08/31/2020 08/31/20 For Sale $160,000 -- --
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 $660 $990,800 $165,000 $825,800
2023 $660 $490,500 $165,000 $325,500
2022 $660 $165,000 $165,000 $0
2021 $688 $125,000 $125,000 $0
2020 $688 $125,000 $125,000 $0
2019 $688 $125,000 $125,000 $0
2018 $688 $125,000 $125,000 $0
2017 $268 $48,800 $0 $0
2016 $218 $48,800 $0 $0
2015 $218 $48,800 $48,800 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Scott Gordon

    High Country Real Estate & Development

    (828) 773-5030

    6 in this area

    64 Total Sales

    Scott Gordon
    Section Image

  • R

    Seller Co-Listing Agent in 2021

    Rick LaBarre

    Blue Ridge Brokerage

    (828) 268-8410

    16 in this area

    24 Total Sales

    Rick LaBarre
    Section Image

  • N

    Buyer's Agent in 2021

    NONMLS MEMBER

    NONMLS

    166 in this area

    2,470 Total Sales

    NONMLS MEMBER
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 224190

High Country Association of REALTORS®

APN: 1940-05-09-5631-00000

North Carolina Avery County Banner Elk 28604

Lot 118 Eagle Park Dr, Banner Elk, NC

This home is located at Lot 118 Eagle Park Dr, Banner Elk, NC 28604 since 31 August 2020 and is currently estimated at $1,686,495. Lot 118 Eagle Park Dr is a home located in Avery County with nearby schools including Freedom Trail Elementary School and Cranberry Middle 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.

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