NOT LISTED FOR SALE

173 Palomino Trace Unit Lg-P Boone, NC 28607

Estimated Value: $803,000 - $1,026,000

4 Beds
4 Baths
2,120 Sq Ft
$377/mo HOA Fee

Last Sold May 25, 2017

Last sale price $465,000 $219 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $5,774/month

15 Days on Market

Highlights

  • Home fronts a pond
  • Gated Community
  • Clubhouse
  • Valle Crucis Elementary School Rated A-
  • Community Lake
  • Stream or River on Lot

About This Home

As of May 2017

Beautifully appointed, this Echota single-family townhome has been extremely well cared for by only one owner and is an ideal setting nestled among the trees and natural landscape. The main level features an open floorplan with upgraded kitchen, separate dining area, light & bright living room, access to the wrap around deck, guest bedroom and full bathroom and a spacious master suite with adjoining master bath. Upstairs is a spacious, private guest bedroom and full bathroom and the lower level is a versatile space that can be used as a second living area or 4th bedroom along with a full bathroom and access to the lower deck. Noticeable upgrades include vaulted tongue & groove ceilings, hardwood floors in the main living areas, luxurious kitchen with granite countertops and stainless appliances, wrap-around deck with covered areas and an extensive amount of storage throughout. Some of the most convenient upgrades are ones you can't see GÇô including the finished mechanical room, permanent humidifier, Rinnai Tankless Gas Water Heater and the underground pet-friendly wireless fence.

Last Agent to Sell the Property

Leah Grove

Foscoe Realty & Development Listed on: 04/10/2017

Last Buyer's Agent

Alison Phillips

The Summit Group Of The Carolinas

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,314

Year Built

  • Built in 2008

Lot Details

  • Home fronts a pond
  • Property fronts a private road
  • Partially Fenced Property

HOA Fees

  • $377 Monthly HOA Fees

Home Design

  • Mountain Architecture
  • Shingle Roof
  • Asphalt Roof
  • Cedar

Interior Spaces

  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Driveway
  • Paved Parking

Outdoor Features

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

Schools

  • Valle Crucis Elementary School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1889302555000

Community Details

Overview

  • Echota Subdivision
  • Community Lake

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,314

Year Built

Built in 2008

Lot Details

0

HOA Fees

$377 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.05
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Echota
  • Above Grade Finished Sq Ft: 1786.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Year Built: 2008
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Full, Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 334.0
  • Fireplace Features: One, Gas, Stone, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2120.0
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Partial
  • Pool Features: Community
  • Waterfront Features: Pond
  • Home Warranty: No
  • Construction Type: Cedar
  • Exterior Features: Fence, Paved Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple, Open, Wrap Around
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, No Garage, Paved, Private

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Heating: Electric, Forced Air, Fireplace(s), Heat Pump
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: Cable Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Lake, Pool, River
  • Association Fee: 1130.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1889302555000
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1314.06
  • Tax Book Number: 1414/422

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2017
Sold by
Cook Ii Wallace E and Cook Suzanne G
Bought by
173 Palomino Llc
Current Estimated Value
$927,998

Purchase Details

Listed on
Apr 10, 2017
Closed on
May 19, 2017
Sold by
Newhouse Steven H and Newhouse Cheryl A
Bought by
Cook Ii Wallace E and Cook Suzanne G
Seller's Agent
Leah Grove
Foscoe Realty & Development
Buyer's Agent
Alison Phillips
The Summit Group Of The Carolinas
List Price
$465,000
Sold Price
$465,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%
Original Mortgage
$372,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2008
Sold by
The Lakes Community Development Co Inc
Bought by
Newhouse Steven H and Newhouse Cheryl A
Source: Public Records

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Range of Values:

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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
173 Palomino Llc -- None Available
Cook Ii Wallace E $465,000 None Available
Newhouse Steven H $510,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cook Ii Wallace E $372,000
Previous Owner Newhouse Steven H $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2017 05/25/17 Sold $465,000 0.0% $219 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $465,000 -- $219 / 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 $2,720 $711,100 $60,000 $651,100
2023 $2,697 $711,100 $60,000 $651,100
2022 $2,697 $711,100 $60,000 $651,100
2021 $1,720 $362,000 $60,000 $302,000
2020 $1,720 $362,000 $60,000 $302,000
2019 $1,720 $362,000 $60,000 $302,000
2018 $1,539 $362,000 $60,000 $302,000
2017 $1,539 $362,000 $60,000 $302,000
2013 -- $404,100 $60,000 $344,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 39207536

High Country Association of REALTORS®

APN: 1889-30-2555-000