NOT LISTED FOR SALE

TBD Andrews Rd Banner Elk, NC 28604

Estimated Value: $1,129,000 - $1,602,000

0.76 Acre
$1,838,228 Price per Acre
33,106 Sq Ft Lot

Last Sold December 11, 2021

Last sale price $123,000

Est. 1,036% increase in value since last sale

Current estimated payment $7,692/month

Highlights

  • Mountain View
  • No HOA
  • High Speed Internet
  • Valle Crucis Elementary School Rated A-

About This Lot

As of December 2021

Beautiful long range views with a gentle slope for an easy build! Lot has been cleared and is ready for you to build your mountain home in this well maintained, small quiet neighborhood of Top of the Mountain. Ideal location, just two miles from down town Banner Elk with fantastic dining, upscale shopping, skiing, golf, art galleries, BE Park, as well as Lees McRae College and Summer Theater.

Last Agent to Sell the Property

Alison Phillips

The Summit Group Of The Carolinas Listed on: 10/06/2021

Last Buyer's Agent

Alison Phillips

The Summit Group Of The Carolinas Listed on: 10/06/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $115

Lot Details

  • 0.76 Acre Lot
  • Property fronts a private road

Property Views

  • Mountain Views

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Underground Utilities
  • Private Water Source
  • Not Connected to Water Source
  • Not Connected to Sewer
  • Private Sewer
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Otherseeremarks Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 6
  • Assessor Parcel Number 1869-34-0804-000

Property Details

Property Type

Land

Est. Annual Taxes

$115

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.76
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: OtherSeeRemarks
  • Property Sub Type Additional: Residential
  • Special Features: None

Exterior Features

  • Topography: Pasture,Sloping
  • View: Long Range
  • View: Yes
  • Waterfront: No

Utilities

  • Sewer: Not Connected, Private Sewer
  • Utilities: Underground Utilities, High Speed Internet Available
  • Water Source: Not Connected, Private

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1869-34-0804-000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 114.61
  • Tax Book Number: 1315/896
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2024
Sold by
Cutting Robert E and Cutting Shari L
Bought by
Ackerman David Matthew and Ackerman Allison
Current Estimated Value
$1,397,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$982,591
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$414,462

Purchase Details

Listed on
Oct 6, 2021
Closed on
Dec 8, 2021
Sold by
Turkel Douglas L and Turkel Gigi F
Bought by
Cutting Robert E and Cutting Shari L
Seller's Agent
Alison Phillips
The Summit Group Of The Carolinas
Buyer's Agent
Alison Phillips
The Summit Group Of The Carolinas
List Price
$123,000
Sold Price
$123,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
88.91%

Purchase Details

Closed on
Aug 13, 2007
Sold by
Silva Nancy J
Bought by
Turkel Douglas L and Turkel Gigi F

Purchase Details

Closed on
Jun 30, 2006
Sold by
Scemall Corporation
Bought by
Silva John A and Silva Nancy J
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
Ackerman David Matthew $1,388,500 None Listed On Document
Ackerman David Matthew $1,388,500 None Listed On Document
Cutting Robert E $123,000 None Available
Turkel Douglas L -- None Available
Silva John A $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ackerman David Matthew $1,000,000
Closed Ackerman David Matthew $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2021 12/11/21 Sold $123,000 0.0% --
11/11/2021 11/11/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $123,000 -- --
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 $3,068 $833,600 $122,400 $711,200
2023 $450 $208,300 $122,400 $85,900
2022 $450 $122,400 $122,400 $0
2021 $115 $25,300 $25,300 $0
2020 $115 $25,300 $25,300 $0
2019 $115 $25,300 $25,300 $0
2018 $102 $25,300 $25,300 $0
2017 $5 $25,300 $25,300 $0
2013 -- $25,300 $25,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 233665

High Country Association of REALTORS®

APN: 1869-34-0804-000