NOT LISTED FOR SALE

tbd Glendale Place Banner Elk, NC 28604

Estimated Value: $279,000 - $307,000

1.19 Acres
$246,218 Price per Acre
51,836 Sq Ft Lot

Last Sold August 11, 2022

Last sale price $68,000

Est. 376% increase in value since last sale

Current estimated payment $1,787/month

180 Days on Market

Highlights

  • Mountain View
  • Wooded Lot
  • No HOA
  • Banner Elk Elementary School Rated A-

About This Lot

As of August 2022

Beautiful LONG RANGE VIEW LOT located in a small community in the desirable BANNER ELK city limits. There is a roughed in driveway already in place and community offers underground utilities. There is city water/sewer available and this large lot is located next to a multi-million dollar home. LOCATION is everything and it's only a short 5 minute drive to downtown Banner Elk where you will enjoy some of the finest restaurants in the High Country! Beech Mountain is an 8 minute drive and Sugar Mountain Ski resort is approximately 12 minutes away. This is an amazing neighborhood with no HOA fees and has all really nice high end homes. HOA is inactive. Rentals are permitted both long and short term.

Last Agent to Sell the Property

Cindy Giarrusso

Blue Ridge Realty & Investments Beech Mountain Listed on: 02/11/2022

Last Buyer's Agent

James Canterbury

The Summit Group Of The Carolinas

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $292

Lot Details

  • 1.19 Acre Lot
  • Sloped Lot
  • Wooded Lot
  • Zoning described as ETJ

Property Views

  • Mountain Views

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Not Connected to Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • The Highlands Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 10
  • Assessor Parcel Number 1849-00-92-4386-00000

Property Details

Property Type

Land

Est. Annual Taxes

$292

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 1.19
  • Road Surface Type: Paved
  • Subdivision Name: The Highlands
  • Property Sub Type Additional: Residential
  • Special Features: None

Exterior Features

  • Lot Features: Wooded
  • Topography: Sloping
  • View: Long Range
  • View: Yes
  • Waterfront: No

Utilities

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Parcel #: 1849-00-92-4386-00000
  • Zoning Description: ETJ
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 292.0
  • Tax Book Number: 416/1615
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Jul 14, 2022
Sold by
Lavelle Jr John P and Lavelle Ann Emily
Bought by
Salguero Donald David and Salguero Jandy Lynn
Seller's Agent
Cindy Giarrusso
Blue Ridge Realty & Investments Beech Mountain
Buyer's Agent
James Canterbury
The Summit Group Of The Carolinas
List Price
$74,900
Sold Price
$68,000
Premium/Discount to List
-$6,900
-9.21%
Current Estimated Value
$324,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,000
Avg. Annual Appreciation
54.63%
Original Mortgage
$51,000
Outstanding Balance
$44,690
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$207,810

Purchase Details

Closed on
Jul 2, 2007
Sold by
Battle Rasul A and Battle Gina
Bought by
Lavelle John P and Lavelle Emily Ann
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
Salguero Donald David $68,000 Moffatt & Moffatt Pllc
Lavelle John P $89,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salguero Donald David $51,000
Previous Owner Battle Rasul A $44,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2022 08/11/22 Sold $68,000 -9.2% --
02/11/2022 02/11/22 For Sale $74,900 -- --
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
2023 $150 $37,500 $37,500 $0
2022 $150 $37,500 $37,500 $0
2021 $145 $26,300 $26,300 $0
2020 $292 $26,300 $26,300 $0
2019 $292 $26,300 $26,300 $0
2018 $145 $26,300 $26,300 $0
2017 $297 $26,300 $0 $0
2016 $118 $26,300 $0 $0
2015 $118 $26,300 $26,300 $0
2012 -- $43,800 $43,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Cindy Giarrusso

    Seller's Agent in 2022

    Cindy Giarrusso

    Blue Ridge Realty & Investments Beech Mountain

    (828) 964-2896

    20 in this area

    248 Total Sales

    Section Image

  • J

    Buyer's Agent in 2022

    James Canterbury

    The Summit Group Of The Carolinas

    (828) 260-5528

    42 in this area

    95 Total Sales

    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 235651

High Country Association of REALTORS®

APN: 1849-00-92-4386-00000

North Carolina Avery County Banner Elk 28604

tbd Glendale Place, Banner Elk, NC

This home is located at tbd Glendale Place, Banner Elk, NC 28604 since 11 February 2022 and is currently estimated at $293,000. tbd Glendale Place is a home located in Avery County with nearby schools including Banner Elk Elementary School, Cranberry 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.

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