NOT LISTED FOR SALE

TBD Valle Cay Dr Unit 96R/98 Vilas, NC 28692

Estimated Value: $42,000 - $340,000

2.19 Acres
$87,215 Price per Acre
95,396 Sq Ft Lot

Last Sold February 01, 2024

Last sale price $350,000

Est. 45% decrease in value since last sale

Current estimated payment $1,222/month

1 Day on Market

Highlights

  • Water Views
  • Access To Lake
  • Trails
  • Valle Crucis Elementary School Rated A-
  • Pond

About This Lot

As of February 2024

Experience the awe-inspiring beauty of this lakefront lot in Valle Cay's gated community, just minutes from Boone and Valle Crucis. Centrally positioned in the High Country, it draws inspiration from the scenic Blue Ridge Parkway. The development showcases natural features like springs, ponds, and lakes, with this particular lot backing up to a generous 6-acre common area and Lake Dexter. Combined lots 96R/98 provides ample space for a home with various siting options on 2.19 acres. The standout feature is the captivating view of Lake Dexter from your back door, offering opportunities for fishing, boating, paddleboarding, and swimming. A private well has already been drilled, and the lot has two expired septic permits for two 3-bedroom homes, allowing for the accommodation of a sizable residence if desired. Valle Cay is located in Valle Crucis, a historically designated area committed to preserving the valley's pastoral ambiance. Short-term rentals are not permitted.

Last Agent to Sell the Property

Nate Wright

Hyatt in the High Country Real Brokerage Email: nate@hyattinthehighcountry.com License #300844 Listed on: 01/13/2024

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $306

Lot Details

HOA Fees

  • $183 Monthly HOA Fees

Schools

  • Valle Crucis Elementary And Middle School
  • Watauga High School

Utilities

  • Septic Needed
  • Fiber Optics Available
  • Cable TV Available

Additional Features

  • Possible uses of the property include Private Estate, Recreational, Residential
  • Water Views

Listing and Financial Details

  • Assessor Parcel Number 1981105327000

Community Details

Overview

  • Valle Cay Subdivision
  • Mandatory home owners association

Recreation

  • Trails
  • Access To Lake
  • Pond

Property Details

Property Type

Land

Est. Annual Taxes

$306

Lot Details

0

HOA Fees

$183 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Building,Deed,Height,Livestock Restriction,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet,Subdivision,Other - See Remarks
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: nate@hyattinthehighcountry.com
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Private Estate, Recreational, Residential

Exterior Features

  • View: Water
  • Waterfront Elevation: 3000

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Utilities: Cable Available, Fiber Optics, Underground Power Lines
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Gated, Lake Access, Pond, Walking Trails
  • Association Fee: 2200
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 2200.00

Schools

  • Middle Or Junior School: Valle Crucis
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 2.19
  • Lot Size Units: Acres
  • Parcel Number: 1981105327000
  • Plat Reference Section Pages: 17/38
  • ResoLotSizeUnits: Acres
  • Zoning Specification: res

MLS Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2024
Closed on
Jan 29, 2024
Sold by
Baratta Family Limited Partnership
Bought by
Falls Enterprises Llc
Seller's Agent
Nate Wright
Hyatt in the High Country Real
Buyer's Agent
Non Member
Canopy Administration
List Price
$339,000
Sold Price
$350,000
Premium/Discount to List
$11,000
3.24%
Views
8
Current Estimated Value
$191,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$159,000
Avg. Annual Appreciation
-30.27%

Purchase Details

Closed on
Mar 24, 2008
Sold by
Quigley William E and Quigley Karen S
Bought by
Barratta Family Lp
Source: Public Records

Range of Values:

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Average Value
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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
Falls Enterprises Llc $350,000 None Listed On Document
Barratta Family Lp $37,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2024 02/01/24 Sold $350,000 +3.2% --
01/13/2024 01/13/24 For Sale $339,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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 $306 $83,100 $83,100 $0
2023 $306 $83,100 $83,100 $0
2022 $306 $83,100 $83,100 $0
2021 $651 $143,800 $143,800 $0
2020 $651 $143,800 $143,800 $0
2019 $651 $143,800 $143,800 $0
2018 $580 $143,800 $143,800 $0
2017 $580 $143,800 $143,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4100477

Canopy MLS (Canopy Realtor® Association)

APN: 1981-10-5327-000