NOT LISTED FOR SALE

Lot 91 Apple Orchard Ln Banner Elk, NC 28604

Estimated Value: $427,000

1.03 Acres
$414,563 Price per Acre
44,867 Sq Ft Lot

Last Sold November 08, 2023

Last sale price $125,000

Est. 242% increase in value since last sale

Current estimated payment $2,476/month

33 Days on Market

About This Lot

As of November 2023

Build your dream home on this vacant lot in the much desired subdivision of Apple Orchard. This is centrally located just minutes from Banner Elk Elementary, downtown Banner Elk, Sugar and Beech Ski Resorts, grocery stores, restaurants, and more.
Lot 87 (MLS#246226, $100,000) is adjacent to this Lot 91 - both can be sold together for a special price of $250,000.00.

Last Agent to Sell the Property

Suzanne London

Realty One Group Results-Banne Brokerage Phone: (828) 278-7448 Listed on: 10/05/2023

Realty One Group Results-Banne

Last Buyer's Agent

Suzanne London

Realty One Group Results-Banne Brokerage Phone: (828) 278-7448 Listed on: 10/05/2023

Realty One Group Results-Banne

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $774

Lot Details

  • 1.03 Acre Lot
  • Partially Wooded Lot

HOA Fees

  • $171 Monthly HOA Fees

Schools

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

Community Details

  • Apple Orchard Subdivision

Listing and Financial Details

  • Tax Lot 91
  • Assessor Parcel Number 18581683018700000

Property Details

Property Type

Land

Est. Annual Taxes

$774

Lot Details

0

HOA Fees

$171 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 1.03
  • Road Surface Type: Paved
  • Subdivision Name: Apple Orchard
  • Property Sub Type Additional: Residential
  • Attribution Contact: (828) 278-7448
  • Special Features: None

Exterior Features

  • Waterfront: No
  • Exterior Features: None

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 513.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Banner Elk
  • High School: Avery County
  • Middle Or Junior School: Avery

Lot Info

  • Parcel #: 18581683018700000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 774.0
  • Tax Book Number: 574/389
  • Tax Lot: 91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Nov 6, 2023
Sold by
Reynolds Danielle Faith
Bought by
Murphy Investments Llc
Seller's Agent
Suzanne London
Realty One Group Results-Banne
Buyer's Agent
Suzanne London
Realty One Group Results-Banne
List Price
$175,000
Sold Price
$125,000
Premium/Discount to List
-$50,000
-28.57%
Views
4
Current Estimated Value
$427,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,000
Avg. Annual Appreciation
69.00%

Purchase Details

Closed on
Feb 25, 2022
Sold by
Woods Gregory W
Bought by
Reynolds Danielle Faith

Purchase Details

Closed on
Sep 9, 2011
Sold by
Branch Banking Trust Co
Bought by
Despointes Enterprises Inc

Purchase Details

Closed on
Aug 24, 2011
Sold by
Apple Orchard Ltd
Bought by
Branch Banking And Trust Co
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Murphy Investments Llc $225,000 None Listed On Document
Reynolds Danielle Faith $180,000 Robert By Attorney
Despointes Enterprises Inc $175,000 None Available
Branch Banking And Trust Co $188,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2023 11/08/23 Sold $125,000 -28.6% --
10/05/2023 10/05/23 For Sale $175,000 -- --
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 $360 $90,000 $90,000 --
2023 $360 $90,000 $90,000 $0
2022 $0 $90,000 $90,000 $0
2021 $248 $45,000 $45,000 $0
2020 $500 $45,000 $45,000 $0
2019 $500 $45,000 $45,000 $0
2018 $248 $45,000 $45,000 $0
2017 $452 $40,000 $0 $0
2016 $179 $40,000 $0 $0
2015 $179 $40,000 $40,000 $0
2012 -- $75,000 $75,000 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Suzanne London

    Realty One Group Results-Banne

    (828) 260-6739

    14 in this area

    46 Total Sales

    Suzanne London
    Section Image
See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 246231

High Country Association of REALTORS®

APN: 1858-16-83-0187-00000

North Carolina Avery County Banner Elk 28604

Lot 91 Apple Orchard Ln, Banner Elk, NC

This home is located at Lot 91 Apple Orchard Ln, Banner Elk, NC 28604 since 05 October 2023 and is currently estimated at $427,000. Lot 91 Apple Orchard Ln 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.

Nearby Homes