TBD Farm Loop (Lot 44 45) Rd Banner Elk, NC 28604
Estimated Value: $292,000 - $548,000
1.21
Acres
$347,107
Price per Acre
52,708
Sq Ft Lot
Highlights
- Home fronts a pond
- Gated Community
- Clubhouse
- Banner Elk Elementary School Rated A-
- Mountain View
- Partially Wooded Lot
About This Lot
As of October 2020Exceptional building lot in distinguished gated community of The Farm at Banner Elk. This oversized lot is a combination of two lots allowing for approximately 1.21 acres with wonderful mountain views. This lot has been cleared and is ready to build with utilities running to lot. The lot features a level building site offering many building options to maximize space and views. Leaving a natural rhododendron boundary and natural rock outcroppings are an added bonus. The gated community of The Farm at Banner Elk offers fabulous park-like amenities – streams, stocked trout ponds, trails, outdoor pavilion with fireplace. It is also conveniently and centrally located in the heart of Banner Elk, with its unique shops and restaurants, and within a short distance to Linville, Grandfather Mountain, the Blue Ridge Parkway, ASU, LMC, and Beech, Sugar, and Appalachian Ski Mountain.
Last Listed By
Premier Sotheby's International Realty- Banner Elk Listed on: 09/12/2019
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,321
Lot Details
- 1.21 Acre Lot
- Home fronts a pond
- Property fronts a private road
- Level Lot
- Partially Wooded Lot
- Zoning described as Deed Restrictions,Residential,Subdivision
HOA Fees
- $162 Monthly HOA Fees
Schools
- Banner Elk Elementary School
Additional Features
- Mountain Views
- Underground Utilities
Listing and Financial Details
- Short Term Rentals Allowed
- Long Term Rental Allowed
- Tax Lot 44/45
- Assessor Parcel Number 1858-11-68-0183-00000
Community Details
Overview
- The Farm At Banner Elk Subdivision
Additional Features
- Clubhouse
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 12, 2019
Closed on
Oct 5, 2020
Sold by
Mark Lehmann and Radenbaugh Karen
Bought by
Stanish Mary Claire and Stanish Anthony J
Seller's Agent
Sarah Whitfield
Premier Sotheby's International Realty- Banner Elk
Buyer's Agent
Melinda Eggers
Premier Sotheby's International Realty- Banner Elk
List Price
$155,000
Sold Price
$155,000
Total Days on Market
368
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,000
Avg. Annual Appreciation
25.43%
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Similar Properties in Banner Elk, NC
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stanish Mary Claire | $310 | None Listed On Document |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/15/2020 10/15/20 | Sold | $155,000 | 0.0% | -- |
| 09/15/2020 09/15/20 | Pending | -- | -- | -- |
| 09/12/2019 09/12/19 | For Sale | $155,000 | -- | -- |
Source: High Country Association of REALTORS®
Tax History Compared to Growth
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 | $600 | $150,000 | $150,000 | $0 |
| 2022 | $0 | $150,000 | $150,000 | $0 |
| 2021 | $655 | $119,000 | $119,000 | $0 |
| 2020 | $1,321 | $119,000 | $119,000 | $0 |
| 2019 | $1,321 | $119,000 | $119,000 | $0 |
| 2018 | $655 | $119,000 | $119,000 | $0 |
| 2017 | $932 | $82,500 | $0 | $0 |
| 2016 | $369 | $82,500 | $0 | $0 |
| 2015 | $369 | $82,500 | $82,500 | $0 |
| 2012 | -- | $181,500 | $181,500 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Whitfield
S
Seller's Agent in 2020
Sarah Whitfield
Premier Sotheby's International Realty- Banner Elk
(828) 260-2929
45 in this area
95 Total Sales
-
Lawson Fields
Seller Co-Listing Agent in 2020
Lawson Fields
Premier Sotheby's International Realty- Banner Elk
(828) 387-1668
35 in this area
85 Total Sales
-
Melinda Eggers
M
Buyer's Agent in 2020
Melinda Eggers
Premier Sotheby's International Realty- Banner Elk
(828) 387-5376
17 in this area
44 Total Sales
Map
Source: High Country Association of REALTORS®
MLS Number: 217625
APN: 1858-11-68-0183-00000
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