$42,500
SOLD DEC 20, 2019

Lot 8 Chappell Farm Rd Banner Elk, NC 28604

1.37 Acres
$31,022 Price per Acre
59,677 Sq Ft Lot

Recently Sold

44 Days on Market

Highlights

  • 1.37 Acre Lot
  • Banner Elk Elementary School Rated A-
  • Partially Wooded Lot

About This Lot

As of October 2024

Excellent opportunity to own a 1.36 acre lot at a tremendous price. 5 contiguous lots available in private subdivision. Great central location. Less than 1.5 miles to the heart of Beech Mountain as well as minutes to the traffic light in Banner Elk. Close to Beech Mountain amenities, skiing, biking, hiking,restaurants, and Fred's general store. Peaceful subdivision with underground utilities.

Last Agent to Sell the Property

Tracy Simms

Blue Ridge Realty & Inv. - Banner Elk Listed on: 10/06/2019

Last Buyer's Agent

Tracy Simms

Blue Ridge Realty & Inv. - Banner Elk Listed on: 10/06/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $110

Lot Details

  • 1.37 Acre Lot
  • Property fronts a private road
  • Sloped Lot
  • Partially Wooded Lot
  • Zoning described as Deed Restrictions

HOA Fees

  • $42 Monthly HOA Fees

Utilities

  • Underground Utilities
  • Not Connected to Water Source
  • Not Connected to Sewer

Community Details

  • Otherseeremarks Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 1859895817000

Property Details

Property Type

Land

Est. Annual Taxes

$110

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 1.37
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: OtherSeeRemarks
  • Property Sub Type Additional: Residential
  • Special Features: None

Exterior Features

  • Topography: Sloping
  • Waterfront: No

Utilities

  • Sewer: Not Connected
  • Utilities: Underground Utilities
  • Water Source: Not Connected

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Parcel #: 1859895817000
  • Zoning Description: Deed Restrictions
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 110.0
  • Tax Book Number: 299/1292
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Oct 16, 2024
Sold by
Popp Family Trust and Popp Phillip
Bought by
Nickel Bradley and Nickel Gina
Seller's Agent
Shy Fecteau
Appalachian Properties
Buyer's Agent
Shy Fecteau
Appalachian Properties
List Price
$425,000
Sold Price
$412,500
Premium/Discount to List
-$12,500
-2.94%
Views
1
Current Estimated Value
$478,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,500
Avg. Annual Appreciation
19.18%

Purchase Details

Listed on
Mar 29, 2022
Closed on
May 5, 2022
Sold by
Maverick Investment Group Llc
Bought by
Popp Family Trust and Popp
Seller's Agent
Shy Fecteau
Appalachian Properties
Buyer's Agent
Sandi Dascoulias
Realty One Group Results-Banne
List Price
$199,000
Sold Price
$199,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.33%
Original Mortgage
$159,200
Interest Rate
5.38%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $412,500 None Listed On Document
Warranty Deed $199,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $159,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2024 10/28/24 Sold $412,500 -2.9% --
09/08/2024 09/08/24 Pending -- -- --
08/30/2024 08/30/24 For Sale $425,000 +113.6% --
05/12/2022 05/12/22 Sold $199,000 0.0% --
04/06/2022 04/06/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $199,000 +368.2% --
12/20/2019 12/20/19 Sold $42,500 0.0% --
11/20/2019 11/20/19 Pending -- -- --
10/06/2019 10/06/19 For Sale $42,500 -- --
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 -- $130,000 $130,000 --
2023 $520 $130,000 $130,000 $0
2022 -- $130,000 $130,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Shy Fecteau

    Seller's Agent in 2024

    Shy Fecteau

    Appalachian Properties

    (912) 507-0818

    39 in this area

    89 Total Sales

    Shy Fecteau
    Section Image

  • S

    Buyer's Agent in 2022

    Sandi Dascoulias

    Realty One Group Results-Banne

    Section Image
  • Tracy Simms

    Seller's Agent in 2019

    Tracy Simms

    Blue Ridge Realty & Inv. - Banner Elk

    (828) 898-7229

    53 in this area

    258 Total Sales

    Tracy Simms
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 217840

High Country Association of REALTORS®

APN: 1859-00-79-2834-00000

North Carolina Avery County Banner Elk 28604

Lot 8 Chappell Farm Rd, Banner Elk, NC

This home is located at Lot 8 Chappell Farm Rd, Banner Elk, NC 28604 and is currently priced at $42,500. Lot 8 Chappell Farm Rd is a home located in Avery County with nearby schools including Banner Elk 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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