NOT LISTED FOR SALE

131 Morris St Unit 3 Blowing Rock, NC 28605

Estimated Value: $557,000 - $993,000

2 Beds
1 Bath
1,145 Sq Ft
$180/mo HOA Fee

Last Sold March 11, 2015

Last sale price $410,000 $358 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $4,985/month

143 Days on Market

Highlights

  • Covered patio or porch
  • Double Pane Windows
  • 2-minute walk to Memorial Park
  • Blowing Rock Elementary School Rated A
  • High Speed Internet

About This Home

As of March 2015

PRICE REDUCED! Fabulous residential condominium over retail space in Downtown Blowing Rock. Looks brand new with new carpet and paint. Spacious living area opens to kitchen. Huge master with double closets. Rocking chair porch ( 7'5 x 8) to watch the world go by and enjoy being in town. Lots of windows and abundant storage. Wonderful investment or vacation get-away. Short term rentals allowed. Zoned Residential. Retail condo downstairs also available for sale - MLS# I187682A, and both units can be purchased for $425,000 (MLS# I187683).

Last Listed By

Tim Baxter

Baxter Mountain Properties Listed on: 09/19/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,308

Year Built

  • Built in 1940

HOA Fees

  • $180 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Architectural Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 1,145 Sq Ft Home
  • Double Pane Windows

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Covered patio or porch

Schools

  • Blowing Rock Elementary School

Utilities

  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 2807971497003

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,308

Year Built

Built in 1940

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 1145.0
  • Architectural Style: Other
  • Garage Yn: No
  • Year Built: 1940
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1145.0
  • Window Features: Double Pane Windows

Exterior Features

  • Home Warranty: No
  • Construction Type: Stucco
  • Patio And Porch Features: Covered
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: No Garage, Paved, Shared Driveway

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 2165.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Blowing Rock

Lot Info

  • Parcel #: 2807971497003
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1308.16
  • Tax Book Number: 738/288

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2024
Sold by
Diamond Realty Partners Ii Llc
Bought by
Bull And Bear Blowing Rock Llc
Total Days on Market
143
Current Estimated Value
$829,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Outstanding Balance
$704,076
Interest Rate
6.64%
Mortgage Type
Credit Line Revolving
Estimated Equity
$175,121

Purchase Details

Closed on
Apr 25, 2023
Sold by
Diamond Realty Partners Iii Llc
Bought by
Cannon Chase Jeffrey and Cannon Alyssa Rhea

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
Bull And Bear Blowing Rock Llc $950,000 None Listed On Document
Cannon Chase Jeffrey $239,000 None Listed On Document
Cannon Chase Jeffrey $239,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bull And Bear Blowing Rock Llc $712,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2015 03/11/15 Sold $410,000 0.0% $358 / Sq Ft
02/09/2015 02/09/15 Pending -- -- --
09/19/2014 09/19/14 For Sale $410,000 -- $358 / 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 $1,939 $255,700 $35,000 $220,700
2023 $1,839 $255,700 $35,000 $220,700
2022 $1,839 $255,700 $35,000 $220,700
2021 $591 $137,400 $35,000 $102,400
2020 $536 $137,400 $35,000 $102,400
2019 $1,170 $137,400 $35,000 $102,400
2018 $1,073 $137,400 $35,000 $102,400
2017 $1,268 $137,400 $35,000 $102,400
2013 -- $220,600 $150,000 $70,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 187681

High Country Association of REALTORS®

APN: 2807-97-1497-003