NOT LISTED FOR SALE

Lot 40 Turkey Crossing Ln Banner Elk, NC 28604

Estimated Value: $808,000 - $1,631,000

0.93 Acre
$1,179,168 Price per Acre
40,511 Sq Ft Lot

Last Sold December 15, 2021

Last sale price $119,000

Est. 822% increase in value since last sale

Current estimated payment $6,059/month

Highlights

  • Gated Community
  • Mountain View
  • Partially Wooded Lot
  • Valle Crucis Elementary School Rated A-

About This Lot

As of December 2021

Spectacular mountain views include Grandfather Mountain from this desirable building lot in gated Rocky Knob, where nature beacons to leave the hustle behind. Abundant wildlife shares the community where nature is on display in each distinctive four seasons. Underground utilities, high-speed internet, small, natural-area parks, trails and cool summer breezes. This small community is within a short driving distance to Lees-McRae College, Banner Elk Winery, Blue Ridge Parkway, Grandfather Mountain, Beech Mountain Ski and Sugar Mountain ski slopes. 15 minutes from Banner Elk, where one finds excellent restaurants and cultural and musical events.

Last Agent to Sell the Property

Judy Nye

Premier Sotheby's International Realty- Banner Elk Listed on: 03/31/2021

Premier Sotheby's International Realty- Banner Elk

Last Buyer's Agent

Aimee Greenfield

Greenfield Acres Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $212

Lot Details

  • 0.93 Acre Lot
  • Property fronts a private road
  • Sloped Lot
  • Partially Wooded Lot

HOA Fees

  • $63 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Private Water Source
  • Not Connected to Water Source
  • Septic Needed
  • Not Connected to Sewer

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 1960151047000

Community Details

Overview

  • Rocky Knob Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$212

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.93
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: Rocky Knob
  • Property Sub Type Additional: Residential
  • Special Features: None

Exterior Features

  • Topography: Sloping
  • View: Long Range, Mountain(s)
  • View: Yes
  • Waterfront: No

Utilities

  • Sewer: Not Connected, Septic Permit 3 Bedroom, Septic Needed
  • Utilities: Electricity Available
  • Water Source: Not Connected, Private

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 750.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1960151047000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 212.0
  • Tax Book Number: 580/342
  • Tax Lot: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
Dec 1, 2021
Sold by
Anthony Dale Jones Enterprises Llc
Bought by
Gargano Paul M and Gargano Donna S
Seller's Agent
Judy Nye
Premier Sotheby's International Realty- Banner Elk
Buyer's Agent
Aimee Greenfield
Greenfield Acres Realty
List Price
$119,000
Sold Price
$119,000
Current Estimated Value
$1,096,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$977,626
Avg. Annual Appreciation
79.12%
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
Gargano Paul M $119,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2021 12/15/21 Sold $119,000 0.0% --
11/15/2021 11/15/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $119,000 -- --
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 $1,913 $601,700 $99,700 $502,000
2023 $367 $120,700 $99,700 $21,000
2022 $238 $99,700 $99,700 $0
2021 $238 $52,500 $52,500 $0
2020 $238 $52,500 $52,500 $0
2019 $238 $52,500 $52,500 $0
2018 $212 $52,500 $52,500 $0
2017 $212 $52,500 $52,500 $0
2013 -- $74,600 $74,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 229205

High Country Association of REALTORS®

APN: 1960-15-1047-000