488 Farm Loop Rd, Banner Elk, NC 28604 Property Records

Avery County property record for 488 Farm Loop Rd, Banner Elk, NC 28604

Property Summary

Property Type	Single Family Home
Details	6 bd · 5.5 ba · 7,400 sqft · built 2007
Lot Size	1.82 acres (79,279 sqft)
Owner	Company Name on Record
Last Sale	$1,685,000 (Nov 2020)
Tax Bill	$14,776 (2025)
Deeds & Mortgages	Nov 2020 Sale
Flood Zone	Zone X (minimal risk)
APN	`1858-07-69-0025-00000`

Property Details

APN / Parcel Number

Primary APN	`1858-07-69-0025-00000`
Alternative APN	`74259`

Interior

Bedrooms	6 Beds
Full Baths	5.5 Baths
Half Baths	1 Half Bath
Stories	2 Stories
Building Area	7,400 sqft Living Area
Gross Area	8,465 sqft
1st Floor Area	2,956 sqft
Attic	Attic
Attic Area	217 sqft
Basement Area	2,702 sqft
Flooring	Wood
Interior Walls	Custom/Decorative
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 2007
Effective Year Built	Effective 2012
Architectural Style	Multi-Level
Exterior Material	Wood Siding
Roof Type	Cathedral/Clerestory
Roof Material	Asphalt
Lot Area	79,279 sqft (1.82 acres)
Garage Type	Attached
Garage Area	1,065 sqft
Parking Spaces	4 Parking Spaces

Exterior Amenities

Porch	Open Porch
Porch Area	170 sqft
Deck Area	1,628 sqft
Patio Area	2,226 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air with A/C
Heating Fuel	Gas

Location & Zoning

Account Number	74259
Street Address	488 FARM LOOP RD
City	BANNER ELK
State	NC
Zip	28604-6709
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R1
Legal Description	THE FARM LOT 50 PLAT 39-219A
Legal Subdivision	THE FARM
Legal Lot Number	50
Jurisdiction	AVERY NC
Township / Civil Division	BANNER ELK
Census Block Group	1
Census Block	1038
Census Tract	930100

Owner

Source: Avery County records, as of April 16, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	166 WHITE HORSE DR, MOORESVILLE, NC 28117-6705
Owner Type	Company
Vesting	Limited Liability Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 5, 2020 · Amount on Record
Deed Sale	Nov 5, 2020 · Amount on Record
Prior Sale	Dec 28, 2012 · Amount on Record
Deed Document Number	20206316
Deed Book / Page	551 / 2085
Record Updated	Jun 8, 2026

November 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	AVERY NC
Recording Date	Nov 6, 2020
Property Address	488 FARM LOOP RD, BANNER ELK, NC 28604-6709
Document Number	0005512085
Book / Page	000551 / 002085
Instrument Date	Nov 5, 2020
Instrument	6316
Transaction Type	Transfer
Record Updated	Nov 19, 2020
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount Recorded
Tax	$7.00
Amount Accuracy	Confirmed
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	166 WHITE HORSE DR MOORESVILLE NC 281176705, MOORESVILLE, NC 28117-6705

Tax Assessment & Valuation

Source: Avery County assessment roll, as of January 21, 2026

Property Jurisdictions

Type	Name
State	North Carolina
County	Avery County
Municipality	Banner Elk Town
Unified School District	Avery County Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$14,776.00 (+104.23%)	$1,718,200 (+1.05%) Land $187,500 Building $1,530,700	$1,718,200 (+1.05%) Land $187,500 Building $1,530,700
2024	$7,235.00 (+6.38%)
2023	$6,801.00 (-5.55%)	$1,700,400 (-) Land $187,500 Building $1,512,900	$1,700,400 (-) Land $187,500 Building $1,512,900
2022	$7,201.00	$1,700,400 Land $187,500 Building $1,512,900	$1,700,400 Land $187,500 Building $1,512,900

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective January 9, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on Record median of 43 individual policies
Nearby Flood Policies	47 units insured incl. 4 condo units
Nearby Flood Claims	16 (1995–2024)
Claims Outside the SFHA	2 of 16
Most Recent Claim	Sep 2024 · Tropical Storm Helene
Claims by Event	Tropical Storm Helene, Sep 2024 · 8 claims Hurricane Ivan, Sep 2004 · 3 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Moderate above 42% of the US · above 62% of North Carolina
Wildfire Likelihood	0.08% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	LEES-MCRAE -SOUTH CAMPUS private · serves 99 people · EPA ID NC0106422
Water Source	Groundwater
Last State Inspection	Apr 2025
Lead	Under 1 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	Lead service line inventory Oct 2024
Monitoring and Reporting	5 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 18 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Skyline Telephone Fiber	2,000 / 2,000
Spectrum Cable	1,000 / 1,000