NOT LISTED FOR SALE

Royal Oaks Condominiums 148 Royal Oaks Dr Unit 224 Blowing Rock, NC 28605

Estimated Value: $423,000 - $500,000

2 Beds
2 Baths
880 Sq Ft
$283/mo HOA Fee

Last Sold July 13, 2023

Last sale price $381,000 $433 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,920/month

3 Days on Market

Highlights

  • Traditional Architecture
  • Furnished
  • Baseboard Heating
  • Blowing Rock Elementary School Rated A
  • Cooling System Mounted To A Wall/Window
  • High Speed Internet

About This Home

As of July 2023

Absolutely incredible opportunity to own a fantastic unit at Highly Desirable Royal Oaks Condominiums of Blowing Rock. Sold fully furnished, turnkey! Walk to downtown Blowing Rock in 5 minutes! This particular unit has very strong rental history - Gross STR earnings Sept- Dec 2020-$8834. 2021- $25,639.86, 2022- $23,818.80, 2023 to Current- $4,472.98. The sellers have great reviews and are a "Premier Partner" on VRBO. Sellers have generated income using VRBO exclusively - if the new owners chose to add other portals such as AirBnb, they would surely increase the income! Owners manage rental themselves and save the management fee! Sellers have rented this unit since 2006 with ease! Sellers are willing to give the buyer all of the contacts of rentals so they can continue renting it without a hitch. Located on the second floor, this unit is absolutely immaculate. 2BR/2BA unit with a charming living area and dining room. Bay window allows plenty of light in! Simply can't find anything this nice in Blowing Rock for this price. Investors, weekenders, anyone who loves Blowing Rock, come take a look today!

Last Agent to Sell the Property

Matt de Camara

Boone Real Estate Listed on: 06/15/2023

Last Buyer's Agent

Kevin Morrell

Interactive Realty Group LLC

Interactive Realty Group LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,049

Year Built

  • Built in 1985

Lot Details

  • Property fronts a private road

HOA Fees

  • $283 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 880 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Blowing Rock Elementary School
  • Watauga High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Royal Oaks Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 2817-07-6351-028

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,049

Year Built

Built in 1985

Lot Details

0

HOA Fees

$283 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Royal Oaks
  • Above Grade Finished Sq Ft: 880.0
  • Architectural Style: Traditional
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1985
  • Property Sub Type Additional: Condominium
  • Attribution Contact: 828-265-1021
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: One, Gas, Stone, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furnished
  • Living Area: 880.0
  • Stories: 1

Exterior Features

  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Fireplace(s)
  • Heating Yn: Yes
  • 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: 850.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Blowing Rock
  • High School: Watauga

Lot Info

  • Parcel #: 2817-07-6351-028
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1049.39
  • Tax Book Number: 2115/458

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2024
Sold by
Raymond Kathryn B
Bought by
148 Royal Oaks Dr Unit 224 Llc
Current Estimated Value
$459,520

Purchase Details

Listed on
Jun 15, 2023
Closed on
Jul 10, 2023
Sold by
Moore Kevin Larry and Moore Apryl Carter
Bought by
Raymond Kathryn B
Seller's Agent
Matt de Camara
Boone Real Estate
Buyer's Agent
Kevin Morrell
Interactive Realty Group LLC
List Price
$339,900
Sold Price
$381,000
Premium/Discount to List
$41,100
12.09%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.63%

Purchase Details

Listed on
Mar 23, 2020
Closed on
Aug 19, 2020
Sold by
Cacchione John M and Cacchione Lynn
Bought by
Moore Kevin Larry and Moore Apryl Carter
Seller's Agent
Matt de Camara
Boone Real Estate
Buyer's Agent
Matt de Camara
Boone Real Estate
List Price
$185,000
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.29%
Original Mortgage
$166,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2006
Sold by
Sneddon Jacquelyn R and Sneddon Gary
Bought by
Cacchione John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
6.33%
Mortgage Type
New Conventional
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
148 Royal Oaks Dr Unit 224 Llc -- None Listed On Document
Raymond Kathryn B $381,000 None Listed On Document
Moore Kevin Larry $185,000 None Available
Cacchione John M $166,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Kevin Larry $166,500
Previous Owner Cacchione John M $47,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2023 07/13/23 Sold $381,000 +12.1% $433 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $339,900 +83.7% $386 / Sq Ft
08/19/2020 08/19/20 Sold $185,000 0.0% $210 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $185,000 -- $210 / 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 $1,594 $207,700 $12,500 $195,200
2023 $1,509 $207,700 $12,500 $195,200
2022 $1,509 $207,700 $12,500 $195,200
2021 $1,325 $149,400 $12,500 $136,900
2020 $583 $149,400 $12,500 $136,900
2019 $1,265 $149,400 $12,500 $136,900
2018 $1,160 $149,400 $12,500 $136,900
2017 $1,160 $149,400 $12,500 $136,900
2013 -- $140,900 $12,500 $128,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 244047

High Country Association of REALTORS®

APN: 2817-07-6351-028