NOT LISTED FOR SALE

Lot 15 Running Bear Cir Banner Elk, NC 28604

Estimated Value: $72,000 - $335,000

0.27 Acre
$753,704 Price per Acre
11,761 Sq Ft Lot

Last Sold September 27, 2023

Last sale price $65,000

Est. 253% increase in value since last sale

Current estimated payment $1,305/month

286 Days on Market

Highlights

  • Stream or River on Lot
  • Banner Elk Elementary School Rated A-
  • Wooded Lot

About This Lot

As of September 2023

Ready to build lot, 1.5 mile from the heart of Banner Elk and all that it has to offer; shops, restaurants, hiking trails, greenway, outdoor amphitheater, and Lees McRae University. No need for well or septic since city water and sewer are available. Utilities in Bear Run include electric, Internet, cable and natural gas. Well maintain and paved road bring you to this lot with seasonal and potential year round views of Beech Mountain. Only 5 minutes to Sugar Mountain and 15 minutes to Beech Mountain at to this location. Long term rentals of 14 days or more are permitted. Only 14 lots left in this quintessential mountain neighborhood.

Last Agent to Sell the Property

Rick LaBarre

Blue Ridge Brokerage Listed on: 12/14/2022

Co-Listed By

Amy LaBarre

High Country Real Estate & Development

Last Buyer's Agent

Amy LaBarre

High Country Real Estate & Development

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $555

Lot Details

  • 0.27 Acre Lot
  • Wooded Lot

HOA Fees

  • $13 Monthly HOA Fees

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Not Connected to Sewer

Listing and Financial Details

  • Long Term Rental Allowed
  • Tax Lot 15
  • Assessor Parcel Number 1858-10-35-3839-00000

Community Details

Overview

  • Bear Run Subdivision

Recreation

  • Stream or River on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$555

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.27
  • Road Surface Type: Paved
  • Co List Office Mls Id: 4044
  • Co List Office Phone: 828-773-5030
  • Subdivision Name: Bear Run
  • Property Sub Type Additional: Residential
  • Attribution Contact: 828-773-5030
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Wooded
  • Waterfront: No

Utilities

  • Sewer: Not Connected, Public Sewer
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: River, Long Term Rental Allowed
  • Association Fee: 150.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 1858-10-35-3839-00000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 555.0
  • Tax Book Number: 403/189
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2022
Closed on
Sep 27, 2023
Sold by
Bear Run Properties Inc
Bought by
Lecka Logan
Seller's Agent
Rick LaBarre
Blue Ridge Brokerage
Buyer's Agent
Amy LaBarre
High Country Real Estate & Development
List Price
$59,999
Sold Price
$65,000
Premium/Discount to List
$5,001
8.34%
Views
28
Current Estimated Value
$229,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,500
Avg. Annual Appreciation
104.30%
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
Lecka Logan $65,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lecka Logan $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2023 09/27/23 Sold $65,000 +8.3% --
12/14/2022 12/14/22 For Sale $59,999 -- --
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
2023 $430 $50,000 $50,000 $0
2022 $200 $50,000 $50,000 $0
2021 $275 $50,000 $50,000 $0
2020 $555 $50,000 $50,000 $0
2019 $555 $50,000 $50,000 $0
2018 $275 $50,000 $50,000 $0
2017 $424 $37,500 $0 $0
2016 $168 $37,500 $0 $0
2015 $168 $37,500 $37,500 $0
2012 -- $75,000 $75,000 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Rick LaBarre

    Blue Ridge Brokerage

    (828) 268-8410

    16 in this area

    24 Total Sales

    Section Image
  • Amy LaBarre

    Seller Co-Listing Agent in 2023

    Amy LaBarre

    High Country Real Estate & Development

    (980) 210-6629

    7 in this area

    18 Total Sales

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Map

Source: High Country Association of REALTORS®

MLS Number: 241072

High Country Association of REALTORS®

APN: 1858-10-35-3839-00000

North Carolina Avery County Banner Elk 28604

Lot 15 Running Bear Cir, Banner Elk, NC

This home is located at Lot 15 Running Bear Cir, Banner Elk, NC 28604 since 14 December 2022 and is currently estimated at $203,500. Lot 15 Running Bear Cir is a home located in Avery County with nearby schools including Banner Elk 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.

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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