NOT LISTED FOR SALE

150 Paul Greer Rd Boone, NC 28607

Boone Area
-- Bed
-- Bath
5,512 Sq Ft
0.95 Acre Lot

Sale Details

Date Sold: July 1, 2024

Last sale price $967,500 $176 Per Sq Ft

67 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating Available
  • Watauga High School Rated A-

About This Home

As of July 2024

Profitable, six-plex investment opportunity in Boone, NC! Located minutes from Appalachian University and downtown Boone. 100% occupied year- over- year. One year lease terms with renewals signed through July 2025. Rental rates continue to increase each year, with more room for escalation going forward. Metal roof less than 2 years old, basement drainage system installed with encapsulation, new decks overlooking tranquil creek, UV water purification system installed, a few new A/C units and new flooring in some units. Well maintained and profitable investment opportunity.

Last Agent to Sell the Property

Amy Labarre

Elevate Land & Realty Banner Elk Brokerage Phone: (828) 265-2199 Listed on: 04/24/2024

Last Buyer's Agent

NONMLS MEMBER

NONMLS

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,584

Year Built

  • Built in 1980

Lot Details

  • 41,382 Sq Ft Lot
  • Property fronts a private road

Home Design

  • 5,512 Sq Ft Home
  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding
  • Masonry

Laundry

  • Dryer
  • Washer

Schools

  • Green Valley Elementary School
  • Watauga High School

Utilities

  • Central Air
  • Heating Available
  • Shared Well
  • Shared Septic

Community Details

  • No Home Owners Association
  • 6 Units

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 2911-54-2916-000

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,584

Year Built

Built in 1980

Lot Details

0.95 Acres

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.95
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: None
  • Architectural Style: Other, See Remarks
  • Structure Type: Apartment
  • Year Built: 1980
  • Property Sub Type Additional: Apartment,Multi Family
  • Attribution Contact: (828) 265-2199
  • Special Features: None

Interior Features

  • Appliances: Dryer, Refrigerator, Washer

Exterior Features

  • Construction Type: Brick, Masonry, Vinyl Siding, Wood Frame
  • Roof: Architectural, Shingle

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Other, See Remarks
  • Heating Yn: Yes
  • Sewer: Shared Septic
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Green Valley
  • High School: Watauga

Lot Info

  • Parcel #: 2911-54-2916-000
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 2584.0
  • Tax Book Number: 2172/783

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Jun 13, 2024
Sold by
Bought by
Seller's Agent
Amy Labarre
Elevate Land & Realty Banner Elk
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$1,120,000
Sold Price
$967,500
Premium/Discount to List
-$152,500
-13.62%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,625
Interest Rate
0.0702%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2021
Sold by
Bought by

Purchase Details

Closed on
Dec 11, 2017
Sold by
Bought by

Purchase Details

Closed on
Jun 6, 2013
Sold by
Bought by

Purchase Details

Closed on
Mar 22, 2007
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$967,500 None Listed On Document
$650,000 None Available
$550,000 None Available
-- None Available
$300,000 None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $725,625
Previous Owner $487,500
Previous Owner $225,000
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
07/01/2024 07/01/24 Sold $967,500 -13.6% $176 / Sq Ft
04/24/2024 04/24/24 For Sale $1,120,000 -- $203 / Sq Ft
Source: High Country Association of REALTORS®

Tax 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.

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 $3,172 $656,600 $30,200 $626,400
2024 $31 $656,600 $30,200 $626,400
2023 $2,962 $656,600 $30,200 $626,400
2022 $2,962 $656,600 $30,200 $626,400
2021 $1,917 $310,400 $121,900 $188,500
2020 $1,917 $310,400 $121,900 $188,500
2019 $1,917 $310,400 $121,900 $188,500
2018 $1,762 $310,400 $121,900 $188,500
2017 $1,762 $310,400 $121,900 $188,500
2013 -- $300,400 $121,900 $178,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 248914

High Country Association of REALTORS®
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