NOT LISTED FOR SALE

TBD Morgan's Ridge Banner Elk, NC 28604

Estimated Value: $367,000 - $496,000

1.36 Acres
$317,279 Price per Acre
59,242 Sq Ft Lot

Last Sold March 24, 2021

Last sale price $300,000

Est. 46% increase in value since last sale

Current estimated payment $2,691/month

128 Days on Market

Highlights

  • Fitness Center
  • Home fronts a pond
  • 1.36 Acre Lot
  • Valle Crucis Elementary School Rated A-
  • Gated Community
  • Mountain View

About This Lot

As of March 2021

Largest Homesite on Morgan's Ridge at 1.359 acres with a Grandfather Mountain view. Majority of site prep has already been completed included driveway into the property down to the building site. Flat building site with boulder outcroppings to enhance the natural beauty. With view trimming, you'll have a full profile view of Grandfather Mountain. This homesite has unmatched privacy in Morgan's Ridge. All homesites have access to the amenities within the gated community of Echota, including indoor & outdoor pools, 2 clubhouses, 2 fitness facilities, 25-acre riverpark, fishing ponds and backyard amenities.

Last Agent to Sell the Property

Leah Grove

Foscoe Realty & Development Listed on: 10/16/2020

Last Buyer's Agent

Trey Boggs

Foscoe Realty & Development

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $968

Lot Details

  • 1.36 Acre Lot
  • Home fronts a pond
  • Property fronts a private road
  • Sloped Lot
  • Wooded Lot
  • Zoning described as Deed Restrictions,Residential,Subdivision

HOA Fees

  • $217 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Not Connected to Sewer
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 1878-89-9489-000

Community Details

Overview

  • Echota Subdivision

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$968

Lot Details

0

HOA Fees

$217 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 1.36
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Echota
  • Property Sub Type Additional: Residential
  • Special Features: None

Exterior Features

  • Lot Features: Wooded
  • Pool Features: Community
  • Topography: Sloping
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Pond
  • Waterfront: No

Utilities

  • Sewer: Not Connected, Community/Coop Sewer
  • Utilities: Electricity Available, Cable Available, Water Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated, Pool
  • Association Fee: 650.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1878-89-9489-000
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 968.0
  • Tax Book Number: 1227/174
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Mar 17, 2021
Sold by
Howard T Leon T and Howard Martha F
Bought by
Richardson Dick William and Richardson Margaret Anne
Seller's Agent
Leah Grove
Foscoe Realty & Development
Buyer's Agent
Trey Boggs
Foscoe Realty & Development
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$436,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,500
Avg. Annual Appreciation
6.30%

Purchase Details

Closed on
Oct 9, 2006
Sold by
Edcotr Inc
Bought by
Howard T Leon and Howard Martha F
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
Richardson Dick William $300,000 None Available
Howard T Leon $245,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2021 03/24/21 Sold $300,000 0.0% --
02/22/2021 02/22/21 Pending -- -- --
10/16/2020 10/16/20 For Sale $300,000 +8.5% --
10/21/2016 10/21/16 Sold $276,500 0.0% --
09/21/2016 09/21/16 Pending -- -- --
08/31/2015 08/31/15 For Sale $276,500 -- --
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 $1,139 $309,600 $309,600 $0
2023 $1,139 $309,600 $309,600 $0
2022 $1,139 $309,600 $309,600 $0
2021 $1,088 $240,100 $240,100 $0
2020 $1,088 $240,100 $240,100 $0
2019 $1,088 $240,100 $240,100 $0
2018 $968 $240,100 $240,100 $0
2017 $968 $240,100 $240,100 $0
2013 -- $257,600 $257,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Leah Grove

    Seller's Agent in 2021

    Leah Grove

    Foscoe Realty & Development

    (828) 406-3690

    75 in this area

    175 Total Sales

    Section Image

  • T

    Buyer's Agent in 2021

    Trey Boggs

    Foscoe Realty & Development

    (336) 580-4220

    17 in this area

    71 Total Sales

    Section Image
  • Jonathan Lehman

    Seller's Agent in 2016

    Jonathan Lehman

    Keller Williams High Country

    (828) 964-1922

    34 in this area

    148 Total Sales

    Section Image

  • J

    Buyer's Agent in 2016

    Jay Harrill

    Foscoe Realty & Development

    (828) 773-2177

    4 in this area

    27 Total Sales

    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 226374

High Country Association of REALTORS®

APN: 1878-89-9489-000

North Carolina Watauga County Banner Elk 28604

TBD Morgan's Ridge, Banner Elk, NC

This home is located at TBD Morgan's Ridge, Banner Elk, NC 28604 since 16 October 2020 and is currently estimated at $431,500. TBD Morgan's Ridge is a home located in Watauga County with nearby schools including Valle Crucis Elementary School and Watauga High School.

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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