NOT LISTED FOR SALE

140 Alpine Acres Rd Vilas, NC 28692

Estimated Value: $357,000 - $438,000

3 Beds
2 Baths
1,536 Sq Ft
$249/Sq Ft Est. Value

Last Sold October 24, 2022

Last sale price $293,000 $191 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,250/month

59 Days on Market

Highlights

  • Mountain Architecture
  • 1 Fireplace
  • Forced Air Heating System
  • Valle Crucis Elementary School Rated A-

About This Home

As of October 2022

Three bedroom 2 bath cabin in a great location off 105 between Boone and Valle Crucis near Willow Valley. This cabin has a strong rental history and is currently rented for $1,800/per month. Main floors offers open living space with kitchen, living area, bonus room primary suite and a second full bath with laundry. Two bedrooms are on the upper floor. Ample parking and covered deck. Minutes to Boone, Banner Elk, skiing, shopping, Valle Crucis. Rented thru 7/25/2013. On a shared well. Water cost is $180 annually. Estimated $133/annually for road maintenance fund. Heat source is Rinnai Wall Furnace(propane)

Last Agent to Sell the Property

Jim Lewis

Blue Ridge Realty & Inv. Boone Listed on: 08/25/2022

Last Buyer's Agent

Allison Blythe

Virginia Carolina Inns

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,017

Year Built

  • Built in 1985

Lot Details

  • 0.65 Acre Lot
  • Property fronts a private road
  • Land Lease of $1,800 per month

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Mountain Architecture
  • Log Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1,536 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Crawl Space
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Shared Well
  • Private Sewer

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1990-01-4548-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,017

Year Built

Built in 1985

Lot Details

0

HOA Fees

$11 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.65
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1536.0
  • Architectural Style: Log Home, Mountain
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1985
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Electric Range, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1536.0
  • Stories: 2

Exterior Features

  • Home Warranty: No
  • Construction Type: Log
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Propane, Other, See Remarks
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 133.0
  • Association Fee Frequency: Annually
  • Association: No

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Parcel #: 1990-01-4548-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Land Lease Amount: 1800.0

Tax Info

  • Tax Annual Amount: 1016.93
  • Tax Book Number: 1030/457

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Oct 18, 2022
Sold by
Ayers-Johns Family Trust
Bought by
J & M Smith Enterprises Llc
Seller's Agent
Jim Lewis
Blue Ridge Realty & Inv. Boone
Buyer's Agent
Allison Blythe
Virginia Carolina Inns
List Price
$299,000
Sold Price
$293,000
Premium/Discount to List
-$6,000
-2.01%
Current Estimated Value
$415,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,343
Avg. Annual Appreciation
8.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
J & M Smith Enterprises Llc $293,000 --
J & M Smith Enterprises Llc $293,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2022 10/24/22 Sold $293,000 -2.0% $191 / Sq Ft
08/25/2022 08/25/22 For Sale $299,000 -- $195 / 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
2025 $810 $254,600 $19,700 $234,900
2024 $810 $254,600 $19,700 $234,900
2023 $1,017 $254,600 $19,700 $234,900
2022 $1,017 $254,600 $19,700 $234,900
2021 $0 $171,000 $23,200 $147,800
2020 $855 $171,000 $23,200 $147,800
2019 $855 $171,000 $23,200 $147,800
2018 $769 $171,000 $23,200 $147,800
2017 $769 $171,000 $23,200 $147,800
2013 -- $168,900 $23,200 $145,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 239547

High Country Association of REALTORS®

APN: 1990-01-4548-000