NOT LISTED FOR SALE

1950 Valle Cay Dr Vilas, NC 28692

Estimated Value: $718,894 - $766,000

2 Beds
2 Baths
2,232 Sq Ft
$333/Sq Ft Est. Value

Sale Details

Date Sold: September 15, 2022

Last sale price $647,500 $290 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,281 / mo

51 Days on Market

Highlights

  • Lake Front
  • Spa
  • Home fronts a pond
  • Valle Crucis Elementary School Rated A-
  • Fishing
  • Gated Community

About This Home

As of September 2022

Nestled in the private & highly desired community of Valle Cay, designed to reflect the Blue Ridge Mountains you will fall in love upon entering "Buena Vista" created by the “artist in residence”, you are greeted w/ a winding driveway that leads to this 2BD, 2BA well maintained, split-level mountain home where you are instantly stricken w/ beauty, well manicured lawn, boisterous colors of flora and fauna that borders 1.47 acres. Welcomed w/ a charming walkway guiding you to the “good view” the name coined for its open living design, generous primary suite, bonus room for extra sleeping, wine closet, 2 car garage, ample storage, & loft perfect for a unique workspace. Accentuated by the natural light pouring in are beautiful solid oak & terracotta tile floors, vaulted ceilings w/ wooden beams & inspired warmth from your Quadrafire stove. With an undeveloped 32 acres buffer & private hiking trails bordering the property, this quiet escape is made for entertaining and boasts multi-tiered decks & an open patio that captures views of the gateway of Valle Crucis. You'll enjoy the exclusive use of the lakes/ponds for fishing, boating, paddle boarding & swimming. Buena Vista welcomes you!

Last Agent to Sell the Property

Dusty Washburn

Howard Hanna Allen Tate Real Estate Blowing Rock Listed on: 07/25/2022

Last Buyer's Agent

Mary Baker

Keller Williams High Country

Keller Williams High Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,672

Year Built

  • Built in 1994

Lot Details

  • 1.47 Acre Lot
  • Home fronts a pond
  • Lake Front
  • Property fronts a private road
  • Zoning described as R-1,Residential

HOA Fees

  • $177 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Shared Driveway

Property Views

  • Trees
  • Mountain
  • Seasonal

Home Design

  • Mountain Architecture
  • Split Level Home
  • Wood Frame Construction
  • Tile Roof
  • Cedar

Interior Spaces

  • 2,232 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Window Treatments
  • Wood Frame Window
  • Window Screens
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Covered Patio or Porch

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Private Water Source
  • Well
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Long Term Rental Allowed
  • Tax Lot 29
  • Assessor Parcel Number 1981-10-9214-000

Community Details

Overview

  • Valle Cay Subdivision
  • Community Lake

Recreation

  • Fishing
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,672

Year Built

Built in 1994

Lot Details

1.47 Acres

HOA Fees

$177 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.47
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Valle Cay
  • Above Grade Finished Sq Ft: 2232.0
  • Architectural Style: Mountain, Split-Level
  • Garage Yn: Yes
  • Unit Levels: Two, Multi/Split
  • Building Stories: 2
  • Year Built: 1994
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: One, Other, See Remarks, Wood Burning, Insert, Wood BurningStove
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Attic, Cathedral Ceiling(s), Hot Tub/Spa, Pull Down Attic Stairs, Skylights, Vaulted Ceiling(s), Window Treatments
  • Living Area: 2232.0
  • Stories: 2
  • Window Features: Double Pane Windows, Screens, Wood Frames, Skylight(s), Window Treatments

Exterior Features

  • View: Mountain(s), Seasonal View, Trees/Woods
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Home Warranty: No
  • Construction Type: Cedar, Wood Frame
  • Exterior Features: Hot Tub/Spa, Paved Driveway
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Other, See Remarks, Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Asphalt, Attached, Driveway, Garage, One Car Garage, Two Car Garage, Paved, Private, Shared Driveway

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air, Heat Pump, 1 Unit
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Heat Pump, Propane
  • Heating Yn: Yes
  • Sewer: Septic Permit 2 Bedroom
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Fishing, Gated, Lake, Trails/Paths, Long Term Rental Allowed
  • Association Fee: 531.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1981-10-9214-000
  • Zoning Description: R-1,Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1672.0
  • Tax Book Number: 217/772
  • Tax Lot: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2022
Closed on
Aug 25, 2022
Sold by
Wilson Robert J and Wilson Marjorie H
Bought by
Masterson Thomas and Masterson Jacqueline
Seller's Agent
Dusty Washburn
Howard Hanna Allen Tate Real Estate Blowing Rock
Buyer's Agent
Mary Baker
Keller Williams High Country
List Price
$675,000
Sold Price
$647,500
Premium/Discount to List
-$27,500
-4.07%
Current Estimated Value
$743,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,224
Avg. Annual Appreciation
3.92%
Original Mortgage
$447,500
Outstanding Balance
$424,743
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$318,981
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
Masterson Thomas $647,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masterson Thomas $447,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2022 09/15/22 Sold $647,500 -4.1% $290 / Sq Ft
07/25/2022 07/25/22 For Sale $675,000 -- $302 / Sq Ft
Source: High Country Association of REALTORS®

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 $1,937 $487,300 $53,600 $433,700
2024 $19 $498,400 $53,600 $444,800
2023 $1,839 $477,900 $53,600 $424,300
2022 $1,839 $477,900 $53,600 $424,300
2021 $1,672 $351,500 $67,100 $284,400
2020 $1,672 $351,500 $67,100 $284,400
2019 $1,672 $351,500 $67,100 $284,400
2018 $1,497 $351,500 $67,100 $284,400
2017 $1,497 $351,500 $67,100 $284,400
2013 -- $333,800 $67,100 $266,700
Source: Public Records

Agents Affiliated with this Home

  • Dusty Washburn

    Seller's Agent in 2022

    Dusty Washburn

    Howard Hanna Allen Tate Real Estate Blowing Rock

    (828) 964-3132

    10 in this area

    92 Total Sales

    Dusty Washburn
    Section Image
  • Mary Baker

    Buyer's Agent in 2022

    Mary Baker

    Keller Williams High Country

    (828) 773-5240

    4 in this area

    131 Total Sales

    Mary Baker
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 238858

High Country Association of REALTORS®

APN: 1981-10-9214-000

North Carolina Watauga County Vilas 28692

1950 Valle Cay Dr, Vilas, NC

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.

High Country Association of REALTORS® 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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