NOT LISTED FOR SALE

1098 Chestnut Grove Rd Boone, NC 28607

Estimated Value: $427,279 - $476,000

16 Acres
$28,228 Price per Acre
696,960 Sq Ft Lot

Last Sold September 11, 2014

Last sale price $180,000

Est. 151% increase in value since last sale

Current estimated payment $2,413/month

435 Days on Market

Highlights

  • 16 Acre Lot
  • Farm
  • Spring water is a source of water for the property
  • Watauga High School Rated A-
  • No HOA

About This Lot

As of September 2014

This is one to take a close look at for sure. Mostly pasture land with cows grazing and keeping it cleaned up. All fenced in with approximately 600 feet of road frontage on the paved Chestnut Grove Road. The old has house has been removed but the garage and 2 graineries are still on the property. The land is not too steep and has a variety of home sites on it. A nice spring that supplied the old home place is running very boldly for livestock or a new home use. No zoning and less than 8 minutes to New Market center in Boone makes this a easy travel time into town

Last Agent to Sell the Property

Allen Yates

Allen Yates Realty License #303442 Listed on: 06/24/2013

Last Buyer's Agent

Allen Yates

Allen Yates Realty License #303442 Listed on: 06/24/2013

Property Details

Property Type

  • Land

Lot Details

  • 16

Schools

  • Greene Valley Elementary School
  • None Middle School
  • Watauga High School

Utilities

  • Spring water is a source of water for the property
  • Sewer Not Available

Additional Features

  • 16 Acre Lot
  • Farm

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2912370338000

Property Details

Property Type

Land

Lot Details

16 Acres

Listing Details

  • Directions: From Hwy 421 at New Market take hwy 194 for 4 miles to a left on Chestnut Grove Road, the 1 mile on the right at the old garage
  • Prop. Type: Land
  • Location Tax Legal Info Parcel ID: 2912370338000
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 16.0
  • General Property Description Zoning2: none
  • General Property Description Elementary School3: Greene Valley
  • General Property Description Middle School2: None
  • General Property Description High School3: Watauga High School
  • Utilities Electricity Available: Yes
  • Sewer None16: Yes
  • Land Type Farm: Yes
  • Water Spring: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 16.0

Utilities

  • Sewer: None
  • Utilities: Electricity Available
  • Water Source: Spring

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Greene Valley
  • High School: Watauga High School
  • Middle Or Junior School: None

Lot Info

  • Zoning: none
  • Lot Dimensions: 16.
  • Lot Size Sq Ft: 696960.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 2912370338000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2013
Closed on
Sep 10, 2014
Sold by
Norris Anita Christine W and Norris Raynard Dale
Bought by
Salmi John W and Salmi Lisa G
Seller's Agent
Allen Yates
Allen Yates Realty
Buyer's Agent
Allen Yates
Allen Yates Realty
List Price
$220,000
Sold Price
$180,000
Premium/Discount to List
-$40,000
-18.18%
Current Estimated Value
$451,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,640
Avg. Annual Appreciation
8.31%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Salmi John W $180,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2014 09/11/14 Sold $180,000 -18.2% --
09/03/2014 09/03/14 Pending -- -- --
06/24/2013 06/24/13 For Sale $220,000 -- --
Source: Tennessee/Virginia Regional MLS

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 $752 $412,500 $132,900 $279,600
2024 $752 $176,500 $132,900 $43,600
2023 $636 $151,000 $132,900 $18,100
2022 $636 $151,000 $132,900 $18,100
2021 $625 $120,400 $102,300 $18,100
2020 $625 $120,400 $102,300 $18,100
2019 $625 $120,400 $102,300 $18,100
2018 $565 $120,400 $102,300 $18,100
2017 $494 $102,800 $102,300 $500
2013 -- $175,200 $129,100 $46,100
Source: Public Records

Agents Affiliated with this Home

  • Allen Yates

    Seller's Agent in 2014

    Allen Yates

    Allen Yates Realty

    (828) 264-5960

    7 in this area

    55 Total Sales

    Allen Yates
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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 335391

Tennessee/Virginia Regional MLS

APN: 2912-37-0338-000

North Carolina Watauga County Boone 28607

1098 Chestnut Grove Rd, Boone, NC

Not Listed for Sale

Lots

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