NOT LISTED FOR SALE

Tract 2 Old Farm Rd Unit N/A Banner Elk, NC 28604

Estimated Value: $184,000 - $338,000

5.87 Acres
$44,463 Price per Acre
255,697 Sq Ft Lot

Last Sold June 26, 2018

Last sale price $100,000

Est. 161% increase in value since last sale

Current estimated payment $1,476/month

Highlights

  • Horse Facilities
  • River Access
  • 5.87 Acre Lot
  • Valle Crucis Elementary School Rated A-
  • River View
  • Wooded Lot

About This Lot

As of June 2018

RIVER FRONT ACREAGE - - - YOUR OWN PRIVATE RIVER FRONTAGE in desirable Valle Crucis and Shulls Farm community. - - - Fish from your very own property. - - - This VERY RARE @5.87 Acre Tract #2 has its very own RIVER FRONTAGE on the beautiful Watauga River - - - The potential house sites are Private and NOT located within the flood plain and can offer very nice Long Range Views over Shulls Farm and the Watauga River - - - This property is the very first tract on the Right, immediately upon entering Shull's Farm, EVERYTHING ON YOUR RIGHT, DOWN TO THE @ INTERSECTION and on the Left prior to the Low Water Bridge - - - There is a Legal Recorded Survey and previous Septic Permit. - - - The acreage tract is not sub-dividable nor is it suitable for horses tho community allows Horses. Your very own River Frontage is across the street, to left of the low water bridge. This ACREAGE TRACT offers Easy Access, Paved Road Frontage, Potential Long Range View within a very pretty community, setting and ideal location. The property could potentially have very nice, long range views over Shull's Farm and the Watauga River. (originally priced $389,000) NOW AVAILABLE WITH POSSIBLE SELLER FINANCING !

Last Agent to Sell the Property

Michael Parkinson

Keller Williams High Country Listed on: 10/31/2017

Keller Williams High Country

Co-Listed By

Samantha Benfield

Keller Williams High Country

Last Buyer's Agent

Michael Parkinson

Keller Williams High Country Listed on: 10/31/2017

Keller Williams High Country

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $535

Lot Details

  • 5.87 Acre Lot
  • Home fronts a stream
  • River Front
  • Property fronts a private road
  • Wooded Lot
  • Zoning described as Deed Restrictions,Residential,Subdivision

HOA Fees

  • $25 Monthly HOA Fees

Property Views

  • River
  • Mountain

Schools

  • Valle Crucis Elementary School

Utilities

  • Underground Utilities
  • Not Connected to Water Source
  • Not Connected to Sewer
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Long Term Rental Allowed
  • Tax Lot Tract 2
  • Assessor Parcel Number 1980-42-5332-000

Community Details

Overview

  • Shulls Farm Subdivision

Recreation

  • Horse Facilities
  • River Access

Property Details

Property Type

Land

Est. Annual Taxes

$535

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 5.87
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 3728
  • Co List Office Phone: (828) 386-1086
  • Subdivision Name: Shulls Farm
  • Property Sub Type Additional: Residential
  • Special Features: None

Exterior Features

  • Lot Features: Wooded
  • Topography: Sloping,Pasture
  • View: Long Range, Mountain(s), River
  • View: Yes
  • Waterfront Features: Creek, River Front, River Access, Stream
  • Waterfront: Yes
  • Exterior Features: Horse Facilities, Other, See Remarks

Utilities

  • Sewer: Not Connected, Other, Septic Permit 3 Bedroom, See Remarks
  • Utilities: Underground Utilities, Cable Available, High Speed Internet Available
  • Water Source: Not Connected

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed
  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1980-42-5332-000
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 535.0
  • Tax Book Number: 1147/693
  • Tax Lot: Tract 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2017
Closed on
Jun 19, 2018
Sold by
Muchnick Lesli E and Muchnick Michael
Bought by
Fagien Steve
Seller's Agent
Michael Parkinson
Keller Williams High Country
Buyer's Agent
Michael Parkinson
Keller Williams High Country
List Price
$100,000
Sold Price
$100,000
Current Estimated Value
$261,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,000
Avg. Annual Appreciation
14.02%

Purchase Details

Closed on
Dec 19, 2005
Sold by
Lowndes Charles D
Bought by
Muchnick Lesli E
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
Fagien Steve $100,000 None Available
Muchnick Lesli E $169,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2018 06/26/18 Sold $100,000 0.0% --
05/27/2018 05/27/18 Pending -- -- --
10/31/2017 10/31/17 For Sale $100,000 -- --
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 $810 $220,200 $220,200 $0
2023 $810 $220,200 $220,200 $0
2022 $810 $220,200 $220,200 $0
2021 $774 $170,900 $170,900 $0
2020 $774 $170,900 $170,900 $0
2019 $774 $170,900 $170,900 $0
2018 $689 $170,900 $170,900 $0
2017 $689 $170,900 $170,900 $0
2013 -- $170,900 $170,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Parkinson

    Seller's Agent in 2018

    Michael Parkinson

    Keller Williams High Country

    (704) 892-5518

    4 in this area

    28 Total Sales

    Michael Parkinson
    Section Image
  • Samantha Benfield

    Seller Co-Listing Agent in 2018

    Samantha Benfield

    Keller Williams High Country

    (828) 406-4110

    19 in this area

    125 Total Sales

    Samantha Benfield
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 204327

High Country Association of REALTORS®

APN: 1980-42-5332-000

North Carolina Watauga County Banner Elk 28604

Tract 2 Old Farm Rd Unit N/A, Banner Elk, NC

This home is located at Tract 2 Old Farm Rd Unit N/A, Banner Elk, NC 28604 since 31 October 2017 and is currently estimated at $261,000. Tract 2 Old Farm Rd Unit N/A 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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