NOT LISTED FOR SALE

Lot 27 Running Bear Cir Banner Elk, NC 28604

Estimated Value: $81,000 - $440,000

0.27 Acre
$940,578 Price per Acre
11,761 Sq Ft Lot

Last Sold December 31, 2021

Last sale price $63,750

Est. 397% increase in value since last sale

Current estimated payment $1,751/month

71 Days on Market

Highlights

  • Wooded Lot
  • Banner Elk Elementary School Rated A-
  • No HOA

About This Lot

As of December 2021

Ready to build homesites only 1.5 from downtown Banner Elk's shops, restaurants, greenway, hiking trails, and Lees McRae University. Utilities in place include electric, city water, city sewer, Skyline/Skybest internet and natural gas! Level access through state maintained roads, no private or gravel roads to hassle with, enjoy your mountain home year round! Ask your agent for the Bear Run Restrictions. Short Term Rentals restricted to a 2 week minimum. The Avery County and Banner Elk community are excited to call you neighbor!

Last Agent to Sell the Property

Shy Fecteau

Appalachian Properties Listed on: 09/20/2021

Last Buyer's Agent

NONMLS MEMBER

NONMLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $555

Lot Details

  • 0.27 Acre Lot
  • Wooded Lot
  • Zoning described as Residential,Subdivision

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Not Connected to Sewer

Community Details

  • No Home Owners Association
  • Bear Run Subdivision

Listing and Financial Details

  • Long Term Rental Allowed
  • Tax Lot 27
  • Assessor Parcel Number 1858-10-45-2704-00000

Property Details

Property Type

Land

Est. Annual Taxes

$555

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.27
  • Road Surface Type: Paved
  • Subdivision Name: Bear Run
  • Property Sub Type Additional: Residential
  • Special Features: None

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: Long Term Rental Allowed
  • Association: No

Schools

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

Lot Info

  • Parcel #: 1858-10-45-2704-00000
  • Zoning Description: Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 555.0
  • Tax Book Number: 403/189
  • Tax Lot: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Dec 29, 2021
Sold by
Bear Run Properties Inc
Bought by
Coutts David A and Coutts Linda S
Seller's Agent
Shy Fecteau
Appalachian Properties
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$63,750
Sold Price
$63,750
Current Estimated Value
$316,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,931
Avg. Annual Appreciation
33.06%
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
Coutts David A $55,500 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2021 12/31/21 Sold $63,750 0.0% --
12/01/2021 12/01/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $63,750 -- --
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 $200 $50,000 $50,000 $0
2022 $0 $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 $283 $25,000 $0 $0
2016 $112 $25,000 $0 $0
2015 $112 $25,000 $25,000 $0
2012 -- $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Shy Fecteau

    Seller's Agent in 2021

    Shy Fecteau

    Appalachian Properties

    (912) 507-0818

    39 in this area

    92 Total Sales

    Section Image

  • N

    Buyer's Agent in 2021

    NONMLS MEMBER

    NONMLS

    165 in this area

    2,473 Total Sales

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Map

Source: High Country Association of REALTORS®

MLS Number: 232112

High Country Association of REALTORS®

APN: 1858-10-45-2704-00000

North Carolina Avery County Banner Elk 28604

Lot 27 Running Bear Cir, Banner Elk, NC

This home is located at Lot 27 Running Bear Cir, Banner Elk, NC 28604 since 20 September 2021 and is currently estimated at $253,956. Lot 27 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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