J
Seller's Agent in 2023
Jeremy ALDRIDGE
Lantern Realty And Development
(704) 773-0722
49 Total Sales
16 N Jefferson Ave West Jefferson, NC 28694
0.44
Acre
$1,006,136
Price per Acre
19,166
Sq Ft Lot
Highlights
- No HOA
- High Speed Internet
- Heating Available
- Central Air
About This Lot
As of February 2023Great opportunity to own one of the best business locations in vibrant downtown West Jefferson. Perfect for retail, cafe or business! This one will not last long at this price. Renovations on the plumbing, carpet,flooring,insulation, and heating in 2012. New roof and windows installed 6 years ago with upgraded electrical panels. New paint in 2018. One of the only buildings in downtown West Jefferson to acquire right now - so much square footage - over 5,600sf with multiple uses of space. Approximately 1800sf of showroom and 1800 sq ft of offices upstairs for rental space - currently rented until January. Additional street level. Street level has operated as gift/jewelry store for the past several years with good foot traffic and is currently leased to a shopkeeper. Existing leases at time of sale must be honored. Lots of storage area in the basement which is unfinished at this time. This multipurpose building is in great shape --you have to come preview to see!
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,073
Year Built
- Built in 1935
Lot Details
- 0.44 Acre Lot
- Land Lease of $2,165 per month
- Zoning described as Business/Comm
Parking
- On-Street Parking
Home Design
- Brick Exterior Construction
- Built-Up Roof
- Masonry
Interior Spaces
- 5,625 Sq Ft Home
- 3-Story Property
Schools
- Mountain View Elementary School
- Ashe County Middle School
- Ashe County High School
Utilities
- Central Air
- Water Heater
- High Speed Internet
Community Details
- No Home Owners Association
Listing and Financial Details
- Short Term Rentals Allowed
- Long Term Rental Allowed
- Tax Lot 9
- Assessor Parcel Number 19223001078
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 5, 2022
Closed on
Jan 23, 2023
Sold by
Ahmp Llc
Bought by
Gauche Enterprises Llc
Seller's Agent
Jeremy ALDRIDGE
Lantern Realty And Development
Buyer's Agent
Jeremy ALDRIDGE
Lantern Realty And Development
List Price
$1,050,000
Sold Price
$1,050,000
Views
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,293
Avg. Annual Appreciation
4.18%
Original Mortgage
$300,000
Outstanding Balance
$291,890
Interest Rate
6.33%
Mortgage Type
Credit Line Revolving
Estimated Equity
$875,735
Purchase Details
Listed on
Nov 3, 2020
Closed on
May 14, 2021
Sold by
Preece Terry D and Preece Nancy E
Bought by
Ahmp Llc
Seller's Agent
Andrea Reeves-Witherspoon
Regency Properties
Buyer's Agent
Jeremy ALDRIDGE
Lantern Realty And Development
List Price
$442,700
Sold Price
$442,700
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.71%
Original Mortgage
$374,160
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Oct 7, 2011
Sold by
Baldwin Jackie Dale and Baldwin Ella P
Bought by
Preece Terry D and Preece Nancy E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
3.97%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 11, 2005
Sold by
Huffman & Huffman Builders
Bought by
Brown Virginia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.66%
Mortgage Type
Future Advance Clause Open End Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,050,000 | -- | |
| Warranty Deed | $443,000 | None Available | |
| Warranty Deed | $285,000 | None Available | |
| Warranty Deed | $282,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | Credit Line Revolving | |
| Previous Owner | $374,160 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $265,000 | Unknown | |
| Previous Owner | $225,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2023 02/28/23 | Sold | $1,050,000 | 0.0% | $187 / Sq Ft |
| 10/05/2022 10/05/22 | For Sale | $1,050,000 | +137.2% | $187 / Sq Ft |
| 06/15/2021 06/15/21 | Sold | $442,700 | 0.0% | $79 / Sq Ft |
| 05/16/2021 05/16/21 | Pending | -- | -- | -- |
| 11/03/2020 11/03/20 | For Sale | $442,700 | -- | $79 / Sq Ft |
Source: High Country Association of REALTORS®
Tax History Compared to Growth
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 | $3,362 | $764,100 | $89,000 | $675,100 |
| 2024 | $3,362 | $764,100 | $89,000 | $675,100 |
| 2023 | $3,362 | $764,100 | $89,000 | $675,100 |
| 2022 | $1,236 | $242,300 | $66,800 | $175,500 |
| 2021 | $1,236 | $242,300 | $66,800 | $175,500 |
| 2020 | $2,091 | $242,300 | $66,800 | $175,500 |
| 2019 | $2,070 | $242,300 | $66,800 | $175,500 |
| 2018 | $881 | $202,900 | $44,500 | $158,400 |
| 2016 | $879 | $202,900 | $44,500 | $158,400 |
| 2015 | $646 | $202,900 | $44,500 | $158,400 |
| 2014 | $646 | $188,500 | $44,500 | $144,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jeremy ALDRIDGE
-
Andrea Reeves-Witherspoon
Seller's Agent in 2021
Andrea Reeves-Witherspoon
Regency Properties
(336) 607-4787
314 Total Sales
Map
Source: High Country Association of REALTORS®
MLS Number: 226345
APN: 19223-001-078
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.
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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