NOT LISTED FOR SALE

101 E Main St West Jefferson, NC 28694

Estimated Value: $1,158,000 - $1,389,074

0.16 Acre
$7,959,606 Price per Acre
6,970 Sq Ft Lot

Last Sold January 21, 2022

Last sale price $775,000 $46 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $7,044/month

Highlights

  • No HOA
  • Forced Air Heating System
  • High Speed Internet

About This Lot

As of January 2022

One of the largest buildings in downtown West Jefferson. Great location in the heart of downtown on East Main Street, beside and across the street from Ashe County Cheese Plant, Parkway Theater, Craft Bistro and others. 3 story building, with over 5600 Sf per floor, wide staircases to each level and elevator. Current tenant is the owner of the Amish Furniture Store, which currently occupies all 3 levels. Lease is a month to month, with 6 months to vacate, a verbal agreement, between owner and tenant, because of the scale and amount of inventory. Building has many options for development and usage including retail, restaurant , or multiple store fronts on bottom floor, 2nd and 3rd floors would great for condos, or Air BnB's, or hotel. Parking available in front and side of building, and 2 town owned public parking areas, just right down E. Main Street for additional parking. Property is zoned community shopping and mixed use buildings are permitted, as long as the ground floor remains business, 2nd and 3rd floors can be residential. Take advantage of a wonderful opportunity to be apart of the ever changing and growing downtown of West Jefferson, by owning this building. See today!!

Last Agent to Sell the Property

Chris Barr

Realty One Group Results Listed on: 01/08/2021

Realty One Group Results

Last Buyer's Agent

Chris Barr

Realty One Group Results Listed on: 01/08/2021

Realty One Group Results

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,159

Year Built

  • Built in 1960

Lot Details

  • 6,970 Sq Ft Lot
  • Zoning described as Business/Comm,City,Residential

Parking

  • Parking Available

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Built-Up Roof
  • Metal Roof
  • Masonry

Interior Spaces

  • 16,875 Sq Ft Home
  • 3-Story Property

Schools

  • Westwood Elementary School
  • Ashe County High School

Utilities

  • Forced Air Heating System
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Tax Lot 1-3
  • Assessor Parcel Number 19223-001-109

Property Details

Property Type

Land

Est. Annual Taxes

$5,159

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Building/Land
  • Prop. Type: Commercial Sale
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 1960
  • Special Features: None
  • Stories: 3

Interior Features

  • Stories: 3

Exterior Features

  • Construction Type: Brick, Masonry, Wood Frame
  • Roof: Built-Up, Metal

Garage/Parking

  • Parking Features: Parking Space(s)

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Westwood
  • High School: Ashe County

Lot Info

  • Parcel #: 19223-001-109
  • Zoning Description: Business/Comm,City,Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5159.0
  • Tax Book Number: 444/0948
  • Tax Lot: 1-3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2024
Sold by
Bh Lawrence Llc
Bought by
Mos Boots Incorporated
Current Estimated Value
$1,273,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,306,250
Outstanding Balance
$1,294,752
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving
Estimated Equity
$93,026

Purchase Details

Listed on
Jan 8, 2021
Closed on
Jan 21, 2022
Sold by
Jm Barr Llc
Bought by
Bh Lawrence Llc
Seller's Agent
Chris Barr
Realty One Group Results
Buyer's Agent
Chris Barr
Realty One Group Results
List Price
$775,000
Sold Price
$775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.05%
Original Mortgage
$581,250
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2013
Sold by
Barr Jack C and Barr Marsha P
Bought by
Jm Barr Llc

Purchase Details

Closed on
Oct 30, 2009
Sold by
Francis Herbert N
Bought by
Graybeal Evonne M B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500
Interest Rate
5.04%
Mortgage Type
Commercial
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
Mos Boots Incorporated $1,375,000 None Listed On Document
Mos Boots Incorporated $1,375,000 None Listed On Document
Bh Lawrence Llc $775,000 None Listed On Document
Jm Barr Llc -- None Available
Graybeal Evonne M B $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mos Boots Incorporated $1,306,250
Closed Mos Boots Incorporated $1,306,250
Previous Owner Bh Lawrence Llc $581,250
Previous Owner Graybeal Evonne M B $500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $775,000 0.0% $46 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $775,000 -- $46 / Sq Ft
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
2025 $3,509 $797,400 $133,500 $663,900
2024 $3,509 $797,400 $133,500 $663,900
2023 $3,509 $797,400 $133,500 $663,900
2022 $3,049 $597,800 $66,800 $531,000
2021 $3,049 $597,800 $66,800 $531,000
2020 $5,159 $597,800 $66,800 $531,000
2019 $5,106 $597,800 $66,800 $531,000
2018 $0 $573,100 $66,800 $506,300
2016 $2,482 $573,100 $66,800 $506,300
2015 $2,292 $573,100 $66,800 $506,300
2014 $2,292 $573,100 $66,800 $506,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 227688

High Country Association of REALTORS®

APN: 19223-001-109