NOT LISTED FOR SALE

TBD Highway 194 Banner Elk, NC 28604

Estimated Value: $546,000 - $753,000

47.55 Acres
$14,050 Price per Acre
2,071,278 Sq Ft Lot

Last Sold August 06, 2021

Last sale price $385,000

Est. 74% increase in value since last sale

Current estimated payment $3,759/month

35 Days on Market

Highlights

  • 47.55 Acre Lot
  • Mountain View
  • No HOA
  • Valle Crucis Elementary School Rated A-
  • Wooded Lot
  • Home fronts a stream

About This Lot

As of August 2021

BANNER ELK!! PRIME 47+ ACRES with Paved State Road frontage. DEVELOPERS TAKE NOTICE. Big views and Bold creeks, Road rouged in almost to the top.. Ideal for a cabin community, tiny house community, family estate or whatever your imagination can bring. No zoning. Great for hunting, four wheelers. Less than 10 minutes to Downtown Banner Elk and less than 25 minutes to Boone. Close to ski slopes, Grandfather and more. This property can easily be driven and walked with the road cut in. This unique property has so much to offer with its topography, views, location and water. Schedule a tour with listing agent.

Last Agent to Sell the Property

Ron Kent

EXP Realty LLC Listed on: 06/01/2021

EXP Realty LLC

Last Buyer's Agent

Linda Cramblit

Blue Ridge Realty & Inv. - Banner Elk

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,116

Lot Details

  • 47.55 Acre Lot
  • Home fronts a stream
  • Sloped Lot
  • Wooded Lot

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Not Connected to Water Source
  • Septic Needed
  • Not Connected to Sewer
  • High Speed Internet

Additional Features

  • Mountain Views
  • Mobile Home Allowed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1869-75-2790-000

Property Details

Property Type

Land

Est. Annual Taxes

$1,116

Lot Details

0

Listing Details

  • Property Sub Type: Acreage
  • Prop. Type: Land
  • Lot Size Acres: 47.55
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Property Sub Type Additional: Acreage
  • Special Features: None

Exterior Features

  • Lot Features: Mobile Home Allowed, Acreage, Wooded
  • Topography: Sloping
  • View: Long Range, Mountain(s)
  • View: Yes
  • Waterfront Features: Creek, Stream
  • Waterfront: Yes

Utilities

  • Sewer: Not Connected, Septic Needed
  • Utilities: High Speed Internet Available
  • Water Source: Not Connected

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1869-75-2790-000
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1116.31
  • Tax Book Number: 1958/633
  • Tax Lot: NA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2024
Sold by
Jed W And Cindy O Patton Family Trust and Patton Jed W
Bought by
County Of Watauga
Current Estimated Value
$668,095

Purchase Details

Listed on
Jun 1, 2021
Closed on
Aug 6, 2021
Sold by
Krakovitz Jay A
Bought by
Patton Jed W and Patton Cindy O
Seller's Agent
Ron Kent
EXP Realty LLC
Buyer's Agent
Linda Cramblit
Blue Ridge Realty & Inv. - Banner Elk
List Price
$385,000
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.13%

Purchase Details

Closed on
Feb 10, 2012
Sold by
Stephens Richard A
Bought by
Stephens Linda M

Purchase Details

Closed on
Nov 17, 2005
Sold by
Dewar Developments Corp Inc
Bought by
Solorzano Cesar and Fitoussi Anat C
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
County Of Watauga -- None Listed On Document
Patton Jed W $385,000 None Available
Stephens Linda M -- None Available
Solorzano Cesar $485,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2021 08/06/21 Sold $385,000 0.0% --
07/07/2021 07/07/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $385,000 +3750.0% --
08/18/2014 08/18/14 Sold $10,000 0.0% -- View Prior Sale
07/19/2014 07/19/14 Pending -- -- --
05/19/2014 05/19/14 For Sale $10,000 -- --
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 $2,435 $661,800 $391,700 $270,100
2023 $1,441 $661,800 $391,700 $270,100
2022 $1,441 $391,700 $391,700 $0
2021 $1,255 $277,000 $277,000 $0
2020 $1,255 $277,000 $277,000 $0
2019 $1,255 $277,000 $277,000 $0
2018 $1,116 $277,000 $277,000 $0
2017 $1,116 $277,000 $277,000 $0
2013 -- $277,000 $277,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 230806

High Country Association of REALTORS®

APN: 1869-75-2790-000