NOT LISTED FOR SALE

126 Cherokee St Boone, NC 28607

Estimated Value: $526,000 - $681,618

0.29 Acre
$1,969,500 Price per Acre
12,632 Sq Ft Lot

Last Sold May 10, 2012

Last sale price $207,500 $83 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $3,343/month

445 Days on Market

About This Lot

As of May 2012

Great location with Appalcart around the corner this 4 bedroom 3 bath home in Boone NC is located in a commercial zoned area so there is no unrelated party restrictions. Property is across the street from the road leading to the new Watauga County High School. Home is currently in long term rental program but has 60 day vacate notice upon acceptance of sale contract. Property could be used as a home, student rental, group home, investment property or a private office location. New Roof! Home is being sold as is because real value is the ultimate use of this property for commercial purposes.

Last Buyer's Agent

Tom Abernethy

RE/MAX Realty Group

RE/MAX Realty Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,551

Year Built

  • Built in 1970

Lot Details

  • 0.29 Acre Lot
  • Zoning described as General Business

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof

Parking

  • Parking Available
  • Paved Parking
  • On-Street Parking

Schools

  • Hardin Park Elementary School

Utilities

  • 220 Volts
  • Water Heater

Community Details

  • Private Restrooms

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 2910-69-1505-000

Property Details

Property Type

Land

Est. Annual Taxes

$1,551

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Building/Land
  • Prop. Type: Commercial Sale
  • Business Type: Bed & Breakfast
  • Lot Size Acres: 0.29
  • Above Grade Finished Sq Ft: 1885.0
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Below Grade Sq Ft: 620.0
  • Living Area: 2505.0

Exterior Features

  • Construction Type: Brick
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Paved, Parking Space(s), On Street

Utilities

  • Green Building Features: Private Restrooms
  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed

Schools

  • Elementary School: Hardin Park

Lot Info

  • Parcel #: 2910-69-1505-000
  • Zoning Description: General Business
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1551.0
  • Tax Book Number: 1189/303

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2011
Closed on
May 10, 2012
Sold by
Overcash Joyce
Bought by
M3 Cherokee Llc
Buyer's Agent
Tom Abernethy
RE/MAX Realty Group
List Price
$207,500
Sold Price
$207,500
Current Estimated Value
$571,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,655
Avg. Annual Appreciation
7.81%
Original Mortgage
$166,000
Outstanding Balance
$115,605
Interest Rate
4.01%
Mortgage Type
Commercial
Estimated Equity
$455,550
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
M3 Cherokee Llc $207,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M3 Cherokee Llc $166,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2012 05/10/12 Sold $207,500 0.0% $83 / Sq Ft
04/10/2012 04/10/12 Pending -- -- --
01/21/2011 01/21/11 For Sale $207,500 -- $83 / 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
2024 $4,239 $367,300 $66,300 $301,000
2023 $3,955 $365,600 $66,300 $299,300
2022 $3,955 $365,600 $66,300 $299,300
2021 $0 $275,800 $56,800 $219,000
2020 $2,402 $275,800 $56,800 $219,000
2019 $2,402 $275,800 $56,800 $219,000
2018 $2,264 $275,800 $56,800 $219,000
2017 $2,264 $275,800 $56,800 $219,000
2013 -- $276,900 $56,800 $220,100
Source: Public Records

Agents Affiliated with this Home

  • Tom Abernethy

    Buyer's Agent in 2012

    Tom Abernethy

    RE/MAX

    (828) 773-0621

    27 in this area

    33 Total Sales

    Tom Abernethy
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Map

Source: High Country Association of REALTORS®

MLS Number: 94589

High Country Association of REALTORS®

APN: 2910-69-1505-000

North Carolina Watauga County Boone 28607

126 Cherokee St, Boone, NC

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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