NOT LISTED FOR SALE

131 Morris St Blowing Rock, NC 28605

Estimated Value: $504,218 - $937,000

0 Acre
-- Price per Acre
0 Sq Ft Lot

Last Sold September 23, 2016

Last sale price $409,000 $232 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,177/month

161 Days on Market

Highlights

  • Outdoor Storage
  • Central Air
  • 2-minute walk to Memorial Park
  • Blowing Rock Elementary School Rated A

About This Lot

As of September 2016

Commercial Building in Downtown Blowing Rock consisting of 2 Units totaling 1760 sq. ft.131-1 and 131-3 Morris Street. RETAIL/OFFICE space on the main level in the heart of desirable downtown Blowing Rock, only steps from Main St. Located in the midst of multiple successful businesses. Sidewalk/road frontage w/ large bay window for display. Front signage space w/ visibility from Morris and Main Streets. Rare on-site parking, central heat and air conditioning and private restroom. Attractive, quaint exterior & attractive landscaping. 322 sq. feet of covered porch. 2nd floor offers a spacious 2 bedroom 1 bath condo. Condo is a successful vacation rental in the heart of downtown Blowing Rock.

Last Listed By

Christopher Spangler

Allen Tate Real Estate - Blowing Rock Listed on: 03/16/2016

Allen Tate Real Estate - Blowing Rock

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,319

Year Built

  • Built in 1940

Home Design

  • 1,760 Sq Ft Home
  • Shingle Roof
  • Asphalt Roof
  • Stucco Exterior

Parking

  • Paved Parking
  • Parking Lot

Schools

  • Blowing Rock Elementary School

Additional Features

  • Zoning described as Central Business,General Business,Other-See Remarks
  • Central Air

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 2807971497001

Community Details

Recreation

  • Outdoor Storage

Additional Features

  • Property has a Home Owners Association
  • Private Restrooms

Property Details

Property Type

Land

Est. Annual Taxes

$2,319

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Building/Land
  • Prop. Type: Commercial Sale
  • Above Grade Finished Sq Ft: 1760.0
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Living Area: 1760.0

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Storage
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Paved, Parking Lot

Utilities

  • Green Building Features: Private Restrooms
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 900.0
  • Association: Yes

Schools

  • Elementary School: Blowing Rock

Lot Info

  • Parcel #: 2807971497001
  • Zoning Description: Central Business,General Business,Other-See Remarks
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2319.19
  • Tax Book Number: 1794/817

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2023
Sold by
Diamond Realty Partners Iii Llc
Bought by
Cannon Chase Jeffrey and Cannon Alyssa Rhea
Total Days on Market
161
Current Estimated Value
$717,305

Purchase Details

Listed on
Sep 19, 2014
Closed on
Mar 6, 2015
Sold by
Harwoodspace Llc
Bought by
Ayers James Matthew and Ayers Amy
Seller's Agent
Tim Baxter
Baxter Mountain Properties
Buyer's Agent
Christopher Spangler
Allen Tate Real Estate - Blowing Rock
List Price
$410,000
Sold Price
$410,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%
Original Mortgage
$328,000
Interest Rate
3.77%
Mortgage Type
Purchase Money Mortgage

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
Cannon Chase Jeffrey $239,000 None Listed On Document
Cannon Chase Jeffrey $239,000 None Listed On Document
Ayers James Matthew $410,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ayers James Matthew $328,000
Previous Owner Harwoodspace Llc $201,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $409,000 0.0% $232 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $409,000 -0.2% $232 / Sq Ft
03/11/2015 03/11/15 Sold $410,000 0.0% --
02/09/2015 02/09/15 Pending -- -- --
09/19/2014 09/19/14 For Sale $410,000 -- --
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 $1,947 $256,900 $35,000 $221,900
2023 $1,847 $256,900 $35,000 $221,900
2022 $1,847 $256,900 $35,000 $221,900
2021 $593 $137,900 $35,000 $102,900
2020 $538 $137,900 $35,000 $102,900
2019 $1,174 $137,900 $35,000 $102,900
2018 $1,077 $137,900 $35,000 $102,900
2017 $1,160 $137,900 $35,000 $102,900
2013 -- $199,600 $150,000 $49,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 39200167

High Country Association of REALTORS®

APN: 2807-97-1497-001