NOT LISTED FOR SALE

1099 Laurel Branch Rd Vilas, NC 28692

Estimated Value: $308,000 - $381,000

21 Acres
$16,507 Price per Acre
926,086 Sq Ft Lot

Last Sold May 23, 2023

Last sale price $240,000

Est. 37% increase in value since last sale

Current estimated payment $1,884/month

367 Days on Market

Highlights

  • Barn
  • 21.26 Acre Lot
  • Lot Has A Rolling Slope
  • Watauga High School Rated A-
  • No HOA

About This Lot

As of May 2023

Tranquil mountain settings with short range mountain views. With 21.26 +/- acres, creek, roads roughed in through the property, paved entrance this pastoral haven is ready to be a forever home or family compound in the high country. Rustic farm house with exterior character and charm is ready for renovation into a dream home, with an additional single wide mobile home on the property for a guest house or homestead . Additional structures on the property include a 3 sided barn with 3 bays and an enormous metal building with roll up garage door; both add to the potential and functional utility of the property. Land is mostly wooded, with partial clearing for structures and yard. Lush greenery abounds! At 3,000 ft + elevation there is ranging topography over this verdant acreage. Nearby the Cove Creek Store. Both homes on the property are in need of significant work to make them habitable.

Last Agent to Sell the Property

Bill Aceto

Blue Ridge Realty & Inv. Boone 895 Listed on: 05/15/2022

Last Buyer's Agent

Jason Eldreth

A PLUS Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,214

Lot Details

  • 21.26 Acre Lot
  • Lot Has A Rolling Slope

Schools

  • Cove Creek Elementary School
  • Watauga High School

Farming

  • Barn

Utilities

  • Private Water Source
  • Well

Listing and Financial Details

  • Assessor Parcel Number 1973-98-4505-000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$1,214

Lot Details

0

Listing Details

  • Property Sub Type: Acreage
  • Prop. Type: Land
  • Lot Size Acres: 21.26
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Property Sub Type Additional: Acreage
  • Attribution Contact: 828-737-3100
  • Special Features: None

Exterior Features

  • Lot Features: Acreage, Rolling Slope
  • Topography: Rolling
  • Waterfront: No
  • Exterior Features: Out Building(s)
  • Other Structures: Barn(s), Outbuilding

Utilities

  • Sewer: Septic Permit Unavailable
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Cove Creek
  • High School: Watauga

Lot Info

  • Parcel #: 1973-98-4505-000
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1214.31
  • Tax Book Number: 770/309
  • Tax Lot: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2022
Closed on
May 19, 2023
Sold by
Presnell Jennifer
Bought by
Gks Investments 3 Llc
Seller's Agent
Bill Aceto
Blue Ridge Realty & Inv. Boone 895
Buyer's Agent
Jason Eldreth
A PLUS Realty
List Price
$389,000
Sold Price
$240,000
Premium/Discount to List
-$149,000
-38.3%
Views
21
Current Estimated Value
$329,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,980
Avg. Annual Appreciation
18.98%
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
Gks Investments 3 Llc $240,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2023 05/23/23 Sold $240,000 -19.6% --
05/17/2023 05/17/23 Pending -- -- --
09/09/2022 09/09/22 Price Changed $298,500 -8.2% --
07/06/2022 07/06/22 Price Changed $325,000 -9.5% --
06/10/2022 06/10/22 Price Changed $359,000 -7.7% --
05/15/2022 05/15/22 For Sale $389,000 -- --
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 $746 $234,500 $67,800 $166,700
2023 $1,153 $291,700 $125,000 $166,700
2022 $1,153 $291,700 $125,000 $166,700
2021 $1,039 $211,700 $108,700 $103,000
2020 $1,039 $211,700 $108,700 $103,000
2019 $1,039 $211,700 $108,700 $103,000
2018 $933 $211,700 $108,700 $103,000
2017 $933 $211,700 $108,700 $103,000
2013 -- $209,900 $108,700 $101,200
Source: Public Records

Agents Affiliated with this Home

  • Bill Aceto

    Seller's Agent in 2023

    Bill Aceto

    Blue Ridge Realty & Inv. Boone 895

    (828) 355-3311

    21 in this area

    245 Total Sales

    Section Image
  • Jason Eldreth

    Buyer's Agent in 2023

    Jason Eldreth

    A PLUS Realty

    (828) 297-1000

    31 in this area

    113 Total Sales

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Map

Source: High Country Association of REALTORS®

MLS Number: 236758

High Country Association of REALTORS®

APN: 1973-98-4505-000

North Carolina Watauga County Vilas 28692

1099 Laurel Branch Rd, Vilas, NC

This home is located at 1099 Laurel Branch Rd, Vilas, NC 28692 since 15 May 2022 and is currently estimated at $350,946. 1099 Laurel Branch Rd is a home located in Watauga County with nearby schools including Cove Creek 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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