NOT LISTED FOR SALE

Lot 16 Fox Pointe Banner Elk, NC 28604

Estimated Value: $886,000 - $1,148,000

0.79 Acre
$1,287,342 Price per Acre
34,412 Sq Ft Lot

Last Sold October 14, 2021

Last sale price $300,000

Est. 239% increase in value since last sale

Current estimated payment $5,507/month

About This Lot

As of October 2021

Beautiful southern exposure view lot in gated community just a short drive to the Town of Banner Elk or to Beech Mountain. Fox Pointe is a small community with underground utilities, shared wells, septic and low POA dues.

Last Agent to Sell the Property

Susan Brown

Susan Brown Realty Listed on: 01/30/2020

Last Buyer's Agent

Susan Brown

Susan Brown Realty Listed on: 01/30/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $449

Lot Details

  • 0.79 Acre Lot
  • Property fronts a private road
  • Southern Exposure

HOA Fees

  • $75 Monthly HOA Fees

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Not Connected to Water Source
  • Not Connected to Sewer

Community Details

  • Fox Pointe Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1859-10-47-2214-00000

Property Details

Property Type

Land

Est. Annual Taxes

$449

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.79
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Fox Pointe
  • Property Sub Type Additional: Residential
  • Special Features: None

Exterior Features

  • Topography: Other,SeeRemarks
  • View: Southern Exposure
  • Waterfront: No

Utilities

  • Sewer: Not Connected
  • Water Source: Not Connected

Condo/Co-op/Association

  • Association Fee: 900.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 1859-10-47-2214-00000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 448.8
  • Tax Book Number: 412/1330

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2020
Closed on
Oct 12, 2021
Sold by
Myers Gene E and Myers Susanne H
Bought by
Kolar Thomas F and Kolar Melinda D
Seller's Agent
Susan Brown
Susan Brown Realty
Buyer's Agent
Susan Brown
Susan Brown Realty
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$1,017,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$717,000
Avg. Annual Appreciation
38.07%

Purchase Details

Closed on
Feb 21, 2007
Sold by
Wakeman Warren E and Wakeman Colette G
Bought by
Myers Gene E and Myers Susanne H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,100
Interest Rate
6.3%
Mortgage Type
Unknown
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
Kolar Thomas F $300,000 None Available
Myers Gene E $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Myers Gene E $134,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2021 10/14/21 Sold $300,000 0.0% --
09/14/2021 09/14/21 Pending -- -- --
01/30/2020 01/30/20 For Sale $300,000 -- --
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 $480 $120,000 $120,000 --
2023 $480 $120,000 $120,000 $0
2022 $480 $120,000 $120,000 $0
2021 $440 $80,000 $80,000 $0
2020 $440 $80,000 $80,000 $0
2019 $440 $80,000 $80,000 $0
2018 $440 $80,000 $80,000 $0
2017 $275 $50,000 $0 $0
2016 $224 $50,000 $0 $0
2015 $224 $50,000 $50,000 $0
2012 -- $100,000 $100,000 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Susan Brown

    Susan Brown Realty

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Map

Source: High Country Association of REALTORS®

MLS Number: 220014

High Country Association of REALTORS®

APN: 1859-10-47-2214-00000

North Carolina Avery County Banner Elk 28604

Lot 16 Fox Pointe, Banner Elk, NC

This home is located at Lot 16 Fox Pointe, Banner Elk, NC 28604 since 30 January 2020 and is currently estimated at $1,017,000. Lot 16 Fox Pointe is a home located in Avery County with nearby schools including Banner Elk Elementary School, Cranberry Middle School, and Avery County 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.

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