NOT LISTED FOR SALE

137 Willow Creek Cir Vilas, NC 28692

Vilas Area
2 Beds
1 Bath
960 Sq Ft
1.64 Acre Lot

Sale Details

Date Sold: November 20, 2015

Last sale price $1,300,000 $1,354 Per Sq Ft

416 Days on Market

Highlights

  • Golf Course Community
  • Mountain View
  • Double Pane Windows
  • Valle Crucis Elementary School Rated A-
  • Traditional Architecture
  • Wood Siding

About This Home

As of November 2015

MAJOR PRICE REDUCTION/GREAT RETURN! Turnkey investment property. Eight perfectly maintained town homes on beautiful Willow Valley Golf Course, just outside of Boone. These homes were built in 2001 and THEY HAVE BEEN 100% RENTED SINCE DAY ONE! These are luxury student rentals and command a high rental rate. Are currently 100% rented (as always) through August of 2016, @ $1,400 per month! Condo docs in place. Perfect for an investor - Turnkey and comes with a great website (www.asustudentrentals.com), signed leases, and a unique electronic rental payment program. There is a handyman on premises and landscaping and snow removal are already set up. Owners have recently installed new wood flooring, painted and have installed new appliances. Self managed but little time and effort involved (owners live out of town). For a great virtual tour please go to: Owners claim great profits and a CAP Rate, after ALL expenses, of just under 8%! Where can you find that kind of SAFE return these days?! GREAT INVESTMENT PROPERTY!

Last Agent to Sell the Property

David Conrad

Blue Ridge Business Brokerage Listed on: 08/31/2014

Last Buyer's Agent

NONMLS MEMBER

NONMLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,248

Year Built

  • Built in 2001

Lot Details

  • 1.64 Acre Lot

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • Double Pane Windows
  • Mountain Views

Schools

  • Valle Crucis Elementary School

Utilities

  • Separate Meters
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 190363213000

Community Details

Overview

  • 8 Units

Recreation

  • Golf Course Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,248

Year Built

Built in 2001

Lot Details

1.64 Acres

Listing Details

  • Property Sub Type: Other
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.64
  • Road Surface Type: Paved
  • Architectural Style: Traditional
  • Year Built: 2001
  • Property Sub Type Additional: Multi Family,Other
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: None
  • Basement YN: No
  • Door Features: Screen Door(s)
  • Window Features: Double Pane Windows

Exterior Features

  • View: Long Range, Mountain(s)
  • View: Yes
  • Construction Type: Other, See Remarks, Vinyl Siding, Wood Siding
  • Exterior Features: Other, See Remarks
  • Roof: Asphalt, Shingle

Utilities

  • Sewer: Private Sewer
  • Utilities: Separate Meters, Cable Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Golf, Short Term Rental Allowed

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 190363213000
  • Zoning Description: Multi-Family

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 6247.7
  • Tax Book Number: 016/019
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/20/2015 11/20/15 Sold $1,300,000 0.0% $1,354 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
08/31/2014 08/31/14 For Sale $1,300,000 -- $1,354 / Sq Ft
Source: High Country Association of REALTORS®

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    David Conrad

    Blue Ridge Business Brokerage

  • N

    Buyer's Agent in 2015

    NONMLS MEMBER

    NONMLS

    2,430 Total Sales

    NONMLS MEMBER
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Map

Source: High Country Association of REALTORS®

MLS Number: 192662

High Country Association of REALTORS®
North Carolina Watauga County Vilas 28692

137 Willow Creek Cir, Vilas, 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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