NOT LISTED FOR SALE

131 Margo Ln Unit A Boone, NC 28607

Estimated Value: $202,000 - $343,000

3 Beds
1.5 Baths
1,076 Sq Ft
$125/mo HOA Fee

Last Sold November 17, 2022

Last sale price $225,000 $209 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,734/month

Highlights

  • Views of Trees
  • Chalet
  • Double Pane Windows
  • Hardin Park Elementary School Rated A
  • Porch
  • Open Patio

About This Home

As of November 2022

Such a great location close to everything Boone has to offer, and not far from Blowing Rock, this end unit condo (that lives more like a townhome with only 1 neighbor sharing the wall) has a nice, private setting in the woods with a front porch and private back deck to relax. The home has been updated recently with new paint, new carpet upstairs, and has been well-maintained. On the main level is a half-bath and laundry, while upstairs are 3 bedrooms that share a full bath (with one bedroom enjoying the upper back-deck. This is one of the few affordable options for good local housing and also would make a great long-term rental investment or place for your ASU student to call home.

Last Agent to Sell the Property

Benjamin Ray

Client First Of The High Country Listed on: 06/30/2022

Last Buyer's Agent

Matthew Bentley

Howard Hanna Allen Tate Real Estate Blowing Rock

Howard Hanna Allen Tate Real Estate Blowing Rock

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $609

Year Built

  • Built in 1993

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Chalet
  • Mountain Architecture
  • Cottage
  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,076 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Views of Trees
  • Crawl Space

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Driveway
  • Paved Parking

Outdoor Features

  • Open Patio
  • Porch

Schools

  • Hardin Park Elementary School
  • Watauga High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Shared Well
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Valley View Condos Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 2920-56-1966-015

Property Details

Home Type

Condominium

Est. Annual Taxes

$609

Year Built

Built in 1993

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: Valley View Condos
  • Above Grade Finished Sq Ft: 1076.0
  • Architectural Style: Chalet/Alpine, Cottage, Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1993
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1076.0
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior Features

  • View: Trees/Woods
  • View: Yes
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding, Wood Frame
  • Exterior Features: Paved Driveway
  • Patio And Porch Features: Multiple, Open
  • Roof: Architectural, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Other, See Remarks
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Community/Coop, Shared Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 125.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Hardin Park
  • High School: Watauga

Lot Info

  • Parcel #: 2920-56-1966-015
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 609.0
  • Tax Book Number: 2083/58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Nov 12, 2022
Sold by
Blankenship Chad and Blankenship Crystal
Bought by
Woods Ronald Paul and Woods Carol Diane
Seller's Agent
Benjamin Ray
Client First Of The High Country
Buyer's Agent
Matthew Bentley
Howard Hanna Allen Tate Real Estate Blowing Rock
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%
Views
4
Current Estimated Value
$292,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,734
Avg. Annual Appreciation
9.53%
Original Mortgage
$202,500
Outstanding Balance
$196,209
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$96,525

Purchase Details

Closed on
Mar 12, 2020
Sold by
Chappell Justin A and Chappell Dallas D
Bought by
Blankenship Chad and Blankenship Crystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2015
Closed on
Nov 16, 2015
Sold by
Crawford Elizabeth C
Bought by
Chappell Justin A and Chappell Dallas D
Seller's Agent
Matt de Camara
Boone Real Estate
Buyer's Agent
Benjamin Ray
Client First Of The High Country
List Price
$82,000
Sold Price
$82,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.78%
Original Mortgage
$61,500
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 14, 2007
Sold by
Butler Amy D Miller and Butler Terry
Bought by
Crawford Michael J and Crawford Elizabeht C
Source: Public Records

Range of Values:

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Average Value
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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
Woods Ronald Paul $225,000 --
Blankenship Chad $125,000 None Available
Chappell Justin A $82,000 Attorney
Crawford Michael J $122,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woods Ronald Paul $202,500
Previous Owner Blankenship Chad $100,000
Previous Owner Chappell Justin A $61,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2022 11/17/22 Sold $225,000 -6.2% $209 / Sq Ft
09/17/2022 09/17/22 Price Changed $239,900 -3.1% $223 / Sq Ft
08/14/2022 08/14/22 Price Changed $247,500 -1.0% $230 / Sq Ft
06/30/2022 06/30/22 For Sale $250,000 +204.9% $232 / Sq Ft
12/02/2015 12/02/15 Sold $82,000 0.0% $76 / Sq Ft View Prior Sale
11/02/2015 11/02/15 Pending -- -- --
07/09/2015 07/09/15 For Sale $82,000 -- $76 / 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 $674 $151,100 $22,500 $128,600
2023 $651 $151,100 $22,500 $128,600
2022 $651 $151,100 $22,500 $128,600
2021 $609 $114,300 $15,000 $99,300
2020 $609 $114,300 $15,000 $99,300
2019 $609 $114,300 $15,000 $99,300
2018 $552 $114,300 $15,000 $99,300
2017 $552 $114,300 $15,000 $99,300
2013 -- $123,300 $20,000 $103,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 238548

High Country Association of REALTORS®

APN: 2920-56-1966-015