NOT LISTED FOR SALE

124 Browns Chapel Rd Boone, NC 28607

Estimated Value: $582,000 - $608,632

5 Beds
2 Baths
2,574 Sq Ft
$230/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $436,000 $169 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,250/month

11 Days on Market

Highlights

  • Pasture Views
  • Farmhouse Style Home
  • Covered Patio or Porch
  • Parkway Elementary School Rated A
  • No HOA
  • Forced Air Heating System

About This Home

As of July 2021

This charming, well-maintained home is currently a student rental leased through July 2022 for $3,300 per month. Numerous updates to the home include furnace, water heater, washer, dryer, well pump, new roof, etc. This wonderful 1926 home sitting on a great flat yard with a large back deck can continue as a strong rental for an investor or be transitioned back to a single family home at lease end. There is plenty of parking, tenants pay all utilities and are responsible for lawn maintenance. There are 7 different spaces that could be used as sleeping areas. This home is in excellent condition and a great location less than 5 miles from App State's campus.

Last Agent to Sell the Property

Page Sauder

Page Sauder Properties Listed on: 06/04/2021

Last Buyer's Agent

Page Sauder

Page Sauder Properties Listed on: 06/04/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,146

Year Built

  • Built in 1942

Lot Details

  • 0.55 Acre Lot
  • Land Lease of $3,300 per month
  • Zoning described as Deed Restrictions,None

Property Views

  • Pasture
  • Mountain

Home Design

  • Farmhouse Style Home
  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,574 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Gas Fireplace
  • Propane Fireplace
  • Laundry on main level
  • Unfinished Basement

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch

Schools

  • Parkway Elementary School
  • Watauga High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Radiant Heating System
  • Baseboard Heating
  • Shared Well
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Otherseeremarks Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 2920-82-6963-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,146

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.55
  • Road Surface Type: Paved
  • Subdivision Name: OtherSeeRemarks
  • Above Grade Finished Sq Ft: 2574.0
  • Architectural Style: Farmhouse
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1942
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Built-In Oven, Dishwasher, Electric Cooktop, Refrigerator
  • Has Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Masonry, Propane
  • Fireplace: Yes
  • Living Area: 2574.0
  • Stories: 2

Exterior Features

  • View: Mountain(s), Pasture
  • View: Yes
  • Home Warranty: No
  • Construction Type: Brick, Wood Frame
  • Exterior Features: Gravel Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, Private

Utilities

  • Laundry Features: Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air, Fireplace(s), Propane, Radiant
  • Heating Yn: Yes
  • Sewer: Private Sewer, Septic Permit 5 or More Bedroom
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

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

Schools

  • Elementary School: Parkway
  • High School: Watauga

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Parcel #: 2920-82-6963-000
  • Zoning Description: Deed Restrictions,None
  • ResoLotSizeUnits: Acres

Rental Info

  • Land Lease Amount: 3300.0

Tax Info

  • Tax Annual Amount: 1145.83
  • Tax Book Number: 1499/879

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jul 13, 2021
Sold by
Spa Properties I Llc
Bought by
Appleby Brwns Chapel Llc
Seller's Agent
Page Sauder
Page Sauder Properties
Buyer's Agent
Page Sauder
Page Sauder Properties
List Price
$436,000
Sold Price
$436,000
Current Estimated Value
$592,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,908
Avg. Annual Appreciation
7.09%

Purchase Details

Closed on
Feb 25, 2015
Sold by
Spa Investment Group Llc
Bought by
Spa Properties I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2010
Sold by
Branch Joseph R and Branch Debra B
Bought by
Spa Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
4.97%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 14, 2008
Sold by
Batchelor Colin Bradley and Batchelor Marina Ahmad Mustafa
Bought by
Branch Joseph R and Branch Debra B
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
Appleby Brwns Chapel Llc $436,000 None Available
Spa Properties I Llc -- None Available
Spa Investment Group Llc $292,000 --
Branch Joseph R $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spa Properties I Llc $210,000
Previous Owner Spa Investment Group Llc $233,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $436,000 0.0% $169 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $436,000 -- $169 / 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 $1,787 $445,600 $39,800 $405,800
2024 $18 $445,600 $39,800 $405,800
2023 $1,764 $445,600 $39,800 $405,800
2022 $1,764 $445,600 $39,800 $405,800
2021 $1,146 $230,200 $26,500 $203,700
2020 $1,146 $230,200 $26,500 $203,700
2019 $1,146 $230,200 $26,500 $203,700
2018 $1,031 $230,200 $26,500 $203,700
2017 $1,031 $230,200 $26,500 $203,700
2013 -- $218,800 $31,800 $187,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 230859

High Country Association of REALTORS®

APN: 2920-82-6963-000