NOT LISTED FOR SALE

163 Cherry Boone, NC 28607

Estimated Value: $501,295 - $692,000

3 Beds
2 Baths
1,155 Sq Ft
$553/Sq Ft Est. Value

Last Sold May 12, 2014

Last sale price $242,000 $210 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $3,743/month

18 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Private Membership Available
  • Valle Crucis Elementary School Rated A-
  • A-Frame Home
  • Community Lake

About This Home

As of May 2014

Quaint English Style Cottage-3 Bed/2 Bath A-Frame home situated on 0.25 acre bouldered lot with stream. Home features a carpeted living/dining combo beautifully accented with a stone wood-burning fireplace, imported English-style window, and built-in shelving. The kitchen offers a stainless steel range and dishwasher (approx. 1 year old), large butcher block island, farm house style sink with disposal and new roll out window. The Master bedroom opens to a private screened-in deck to enjoy the boulders and creek. Master Bath has been remodeled with a tiled shower, antique mirror and imported towel warmer. Guest rooms share a closet and guest bath with another English-style window and towel warmer. Large open deck overlooks enormous boulders and creek. Laundry facilities and inside potting shed are located in basement, which is built around a large boulder. Additional square footage would include 1,050 decking, 65 square feet of pull down attic space w/ shelving, and a 75 square foot screened in porch. Radon mitigation system installed February, 2014. Being sold furnished.

Last Agent to Sell the Property

John Morris

Hound Ears Real Estate Listed on: 03/25/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $814

Year Built

  • Built in 1968

Lot Details

  • 0.25 Acre Lot
  • Home fronts a stream
  • Property fronts a private road
  • Wooded Lot
  • Zoning described as Deed Restrictions,Residential,Subdivision

HOA Fees

  • $284 Monthly HOA Fees

Home Design

  • A-Frame Home
  • Cottage
  • Shake Roof
  • Wood Roof
  • Wood Siding
  • Shake Siding
  • Stone

Interior Spaces

  • 1,155 Sq Ft Home
  • Wood Burning Fireplace
  • Stone Fireplace
  • Double Pane Windows
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Stream or River on Lot
  • Wrap Around Porch
  • Screened Patio

Schools

  • Valle Crucis Elementary School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Wood
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1899-15-7574-000

Community Details

Overview

  • Private Membership Available
  • Hound Ears Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$814

Year Built

Built in 1968

Lot Details

0

HOA Fees

$284 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Hound Ears
  • Above Grade Finished Sq Ft: 1155.0
  • Architectural Style: A-Frame, Cottage
  • Garage Yn: No
  • Year Built: 1968
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Exhaust Fan, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer
  • Has Basement: Full, Other, See Remarks
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: One, Stone, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Attic, Pull Down Attic Stairs
  • Living Area: 1155.0
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Wooded
  • Pool Features: Community
  • Waterfront Features: Creek, Stream
  • Home Warranty: No
  • Construction Type: Shake Siding, Stone, Wood Siding
  • Patio And Porch Features: Covered, Open, Screened, Wrap Around
  • Roof: Shake, Wood

Garage/Parking

  • Parking Features: No Garage, Paved, Shared Driveway

Utilities

  • Heating: Baseboard, Electric, Gas, Wood
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Golf, Gated, Lake, Pool, River, Tennis Court(s), Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 852.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1899-15-7574-000
  • Zoning Description: Deed Restrictions,Residential,Subdivision

Tax Info

  • Tax Annual Amount: 814.45
  • Tax Book Number: 297/713

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2014
Closed on
May 6, 2014
Sold by
Wilcox John L and Wilcox Patricia P
Bought by
Varn Gordon W and Varn Luanne H
Seller's Agent
John Morris
Hound Ears Real Estate
List Price
$242,000
Sold Price
$242,000
Current Estimated Value
$638,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,324
Avg. Annual Appreciation
8.70%
Original Mortgage
$193,600
Outstanding Balance
$141,155
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$497,170
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
Varn Gordon W $242,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varn Gordon W $193,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2014 05/12/14 Sold $242,000 0.0% $210 / Sq Ft
04/12/2014 04/12/14 Pending -- -- --
03/25/2014 03/25/14 For Sale $242,000 -- $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
2025 $1,384 $348,000 $57,700 $290,300
2024 $1,384 $348,000 $57,700 $290,300
2023 $1,361 $348,000 $57,700 $290,300
2022 $1,361 $348,000 $57,700 $290,300
2021 $948 $191,700 $38,400 $153,300
2020 $948 $191,700 $38,400 $153,300
2019 $948 $191,700 $38,400 $153,300
2018 $853 $191,700 $38,400 $153,300
2017 $853 $191,700 $38,400 $153,300
2013 -- $200,400 $38,400 $162,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 183705

High Country Association of REALTORS®

APN: 1899-15-7574-000