NOT LISTED FOR SALE

tbd Fox Meadow Banner Elk, NC 28604

Estimated Value: $936,000 - $1,125,000

1.5 Acres
$687,000 Price per Acre
65,340 Sq Ft Lot

Last Sold December 06, 2019

Last sale price $90,000

Est. 1,045% increase in value since last sale

Current estimated payment $5,572/month

Highlights

  • Gated Community
  • 1.5 Acre Lot
  • Southern Exposure
  • Banner Elk Elementary School Rated A-
  • Mountain View

About This Lot

As of December 2019

Tucked away, just outside the village of Banner Elk, is a special collection of homes each with an extraordinary long range view, and southern exposure. Fox Meadow Farms is a gated community with approximately 30 home sites, underground utilities and paved roads. Rolling pasture and wooded lots create a neighborhood that draws you to what living in the mountains is all about. Located just minutes from Banner Elk and all of its happenings: Specialty Shoppe's, exceptional dining, renowned drama and music, concerts in the park, community events, craft fairs and festivals. Other outdoor activities include snow and cross country skiing, golf, tennis, cycling, hiking rafting and more. Plan a trip to Banner Elk and drive through the Fox Meadow Farms neighborhood

Last Agent to Sell the Property

Susan Brown

Susan Brown Realty Listed on: 10/06/2018

Last Buyer's Agent

Susan Brown

Susan Brown Realty Listed on: 10/06/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $385

Lot Details

  • 1.5 Acre Lot
  • Property fronts a private road
  • Southern Exposure
  • Sloped Lot
  • Zoning described as Deed Restrictions

HOA Fees

  • $83 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

  • Banner Elk Elementary School

Utilities

  • Underground Utilities
  • Not Connected to Water Source
  • Not Connected to Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1859-00-57-1140-00000

Community Details

Overview

  • Fox Meadow Farms Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$385

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 1.5
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Fox Meadow Farms
  • Property Sub Type Additional: Residential
  • Special Features: None

Exterior Features

  • Topography: Sloping
  • View: Long Range, Southern Exposure
  • View: Yes
  • Waterfront: No

Utilities

  • Sewer: Not Connected
  • Utilities: Underground Utilities, Cable Available
  • Water Source: Not Connected

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 1000.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 1859-00-57-1140-00000
  • Zoning Description: Deed Restrictions
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 385.0
  • Tax Book Number: 452/264

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2021
Sold by
Brown Steven C and Brown Mary E
Bought by
Terbrueggen Steven Robert and Terbrueggen Lisa Marie
Current Estimated Value
$1,030,500

Purchase Details

Closed on
Jul 29, 2021
Sold by
Brown Steven C and Brown Mary E
Bought by
Terbrueggen Steven Robert and Terbrueggen Lisa Marie

Purchase Details

Listed on
Oct 6, 2018
Closed on
Dec 3, 2019
Sold by
Myers Gene E and Myers Susanne H
Bought by
Brown Steven C and Brown Mary E
Seller's Agent
Susan Brown
Susan Brown Realty
Buyer's Agent
Susan Brown
Susan Brown Realty
List Price
$90,000
Sold Price
$90,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.49%

Purchase Details

Closed on
Oct 7, 2010
Sold by
Ghuneim Nozar M and Ghuneim Melynda A
Bought by
Myers Gene E and Myers Susanne H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
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
Terbrueggen Steven Robert $270 None Listed On Document
Terbrueggen Steven Robert $135,000 None Available
Brown Steven C $90,000 None Available
Myers Gene E $145,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Myers Gene E $108,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2019 12/06/19 Sold $90,000 0.0% --
11/06/2019 11/06/19 Pending -- -- --
10/06/2018 10/06/18 For Sale $90,000 -- --
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 -- $75,000 $75,000 --
2023 $300 $75,000 $75,000 $0
2022 $0 $75,000 $75,000 $0
2021 $385 $70,000 $70,000 $0
2020 $385 $70,000 $70,000 $0
2019 $385 $70,000 $70,000 $0
2018 $385 $70,000 $70,000 $0
2017 $385 $70,000 $0 $0
2016 $313 $70,000 $0 $0
2015 $313 $70,000 $70,000 $0
2012 -- $90,000 $90,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 210865

High Country Association of REALTORS®

APN: 1859-00-57-1140-00000