NOT LISTED FOR SALE

TBD Laurel Creek Banner Elk, NC 28604

Estimated Value: $790,000 - $1,071,000

10.88 Acres
$87,965 Price per Acre
473,933 Sq Ft Lot

Last Sold July 27, 2021

Last sale price $122,500

Est. 681% increase in value since last sale

Current estimated payment $5,281/month

86 Days on Market

Highlights

  • 10.88 Acre Lot
  • Mountain View
  • No HOA
  • Valle Crucis Elementary School Rated A-
  • Partially Wooded Lot
  • Lot Has A Rolling Slope

About This Lot

As of July 2021

10.88 acre tract with long range views! Drive has been cut in to the top of the property. Top has been cleared for a building site. See disclosures for septic permit for building site. Short drive to Main Street, Banner Elk. Close to ski resorts, dining and shopping.

Last Agent to Sell the Property

Tracy Simms

Blue Ridge Realty & Inv. - Banner Elk Listed on: 04/01/2021

Co-Listed By

Linda Cramblit

Blue Ridge Realty & Inv. - Banner Elk

Last Buyer's Agent

Alison Phillips

The Summit Group Of The Carolinas

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $280

Lot Details

  • 10.88 Acre Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Not Connected to Water Source
  • Septic Needed
  • Not Connected to Sewer

Additional Features

  • Mountain Views
  • Mobile Home Allowed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot SR1129
  • Assessor Parcel Number 1961-30-8138-000

Property Details

Property Type

Land

Est. Annual Taxes

$280

Lot Details

0

Listing Details

  • Property Sub Type: Acreage
  • Prop. Type: Land
  • Lot Size Acres: 10.88
  • Road Surface Type: Gravel
  • Co List Office Mls Id: 3769
  • Co List Office Phone: (828) 737-3100
  • Subdivision Name: None
  • Property Sub Type Additional: Acreage
  • Special Features: None

Exterior Features

  • Lot Features: Mobile Home Allowed, Acreage, Rolling Slope
  • Topography: Rolling
  • View: Long Range, Mountain(s)
  • View: Yes
  • Waterfront: No

Utilities

  • Sewer: Not Connected, Septic Needed
  • Water Source: Not Connected

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1961-30-8138-000
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 280.0
  • Tax Book Number: 1923/417
  • Tax Lot: SR1129

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Jul 22, 2021
Sold by
Klink Kevin Anthony and Klink Kathryn Tennille
Bought by
Reed Carolyn B and The Carolyn B Reed Revocable T
Seller's Agent
Tracy Simms
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
Alison Phillips
The Summit Group Of The Carolinas
List Price
$122,500
Sold Price
$122,500
Current Estimated Value
$957,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$834,559
Avg. Annual Appreciation
63.14%

Purchase Details

Listed on
Jun 19, 2015
Closed on
May 8, 2017
Sold by
Torron Reinaldo
Bought by
Klink Kevin Anthony and Klink Kathryn Tennille
Seller's Agent
Linda Cramblit
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.28%
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
Reed Carolyn B $122,500 None Available
Klink Kevin Anthony $85,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2021 07/27/21 Sold $122,500 0.0% --
06/27/2021 06/27/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $122,500 +44.1% --
06/14/2017 06/14/17 Sold $85,000 0.0% -- View Prior Sale
05/15/2017 05/15/17 Pending -- -- --
06/19/2015 06/19/15 For Sale $85,000 -- --
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 $2,244 $705,700 $128,600 $577,100
2023 $473 $324,500 $128,600 $195,900
2022 $315 $128,600 $128,600 $0
2021 $315 $69,500 $69,500 $0
2020 $315 $69,500 $69,500 $0
2019 $315 $69,500 $69,500 $0
2018 $280 $69,500 $69,500 $0
2017 $280 $69,500 $69,500 $0
2013 -- $53,400 $53,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 229372

High Country Association of REALTORS®

APN: 1961-30-8138-000