T
Seller's Agent in 2025
Terri Boyer
Keller Williams High Country
(828) 719-9483
24 in this area
122 Total Sales
4
Beds
2
Baths
2,236
Sq Ft
1
Acres
Highlights
- Views of Trees
- Wood Burning Stove
- No HOA
- Parkway Elementary School Rated A
- Traditional Architecture
- Porch
About This Home
As of October 2025Rare Investment Opportunity in Boone! Two Homes on One Acre for $499,000. Opportunities like this don’t come around often, two separate homes on one acre in Boone, priced well below replacement value. Whether you’re an investor seeking strong cash flow or a parent of an Appalachian State student looking to offset housing costs, this property is tailor-made for you. The main home is a spacious 4-bedroom, 2-bathroom residence currently rented at $2,650/month, providing immediate income. Thoughtful upgrades add character and long-term value, including tongue-and-groove ceilings, a new wood stove (2022), updated ceiling fans (2022), a newer kitchen island, and a brand-new roof (July 2025). Just down the property, you’ll find a second home, a modern 2023 double-wide manufactured home with 2 bedrooms, 2 bathrooms, plus an additional sleeping room. Everything here is new, covered under a transferrable comprehensive warranty until July 2028, and designed for low-maintenance living. Market rent is estimated at $1,800/month, creating strong dual-income potential. Together, these homes could conservatively generate $4,400+ per month in rental income, positioning this property as a high-yield portfolio addition. Parents of college students will also love the flexibility, rent out one home while your student lives affordably in the other, with or without roommates. If sold separately, these homes could likely command closer to $600,000 combined, but subdivision would require acquiring additional land to meet county regulations. At $499,000 for both homes together, this is an investor’s dream: instant income, long-term upside, and built-in flexibility.
Last Agent to Sell the Property
Keller Williams High Country Brokerage Phone: (828) 719-9483 Listed on: 09/22/2025
Property Details
Home Type
- Manufactured Home
Est. Annual Taxes
- $1,648
Year Built
- Built in 1978
Home Design
- Single Family Detached Home
- Traditional Architecture
- Wood Frame Construction
- Shingle Roof
- Asphalt Roof
- Wood Siding
- Vinyl Siding
- Modular or Manufactured Materials
- Stone
Interior Spaces
- 2-Story Property
- Living Quarters
- Wood Burning Stove
- Views of Trees
Kitchen
- Electric Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Laundry in Basement
- Crawl Space
Parking
- Carport
- Gravel Driveway
- Shared Driveway
- Paved Parking
Schools
- Parkway Elementary School
- Watauga High School
Utilities
- No Cooling
- Central Air
- Space Heater
- Heat Pump System
- Wall Furnace
- Baseboard Heating
- Shared Well
- Electric Water Heater
- Septic Tank
- Septic System
- High Speed Internet
- Cable TV Available
Additional Features
- Porch
- 1 Acre Lot
- Manufactured Home
Community Details
- No Home Owners Association
Listing and Financial Details
- Home warranty included in the sale of the property
- Short Term Rentals Allowed
- Long Term Rental Allowed
- Assessor Parcel Number 2941242674000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 22, 2025
Closed on
Oct 28, 2025
Sold by
Drjoco Properties Ii Llc
Bought by
Dakbe Investments Llc
Seller's Agent
Terri Boyer
Keller Williams High Country
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$499,000
Sold Price
$491,000
Premium/Discount to List
-$8,000
-1.6%
Views
10
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
84.27%
Original Mortgage
$320,000
Outstanding Balance
$320,000
Interest Rate
6.26%
Mortgage Type
Credit Line Revolving
Estimated Equity
$205,147
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 | $491,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $320,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/29/2025 10/29/25 | Sold | $491,000 | -1.6% | $220 / Sq Ft |
| 09/22/2025 09/22/25 | For Sale | $499,000 | -- | $223 / 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 | $1,520 | $385,200 | $32,000 | $353,200 |
| 2024 | $1,520 | $385,200 | $32,000 | $353,200 |
| 2023 | $980 | $244,500 | $32,000 | $212,500 |
| 2022 | $980 | $244,500 | $32,000 | $212,500 |
| 2021 | $744 | $146,600 | $20,000 | $126,600 |
| 2020 | $744 | $146,600 | $20,000 | $126,600 |
| 2019 | $638 | $146,600 | $20,000 | $126,600 |
| 2018 | $577 | $123,200 | $20,000 | $103,200 |
| 2017 | $577 | $123,200 | $20,000 | $103,200 |
| 2013 | -- | $120,200 | $20,000 | $100,200 |
Source: Public Records
Agents Affiliated with this Home
-
Terri Boyer
-
Derek Boyer
Seller Co-Listing Agent in 2025
Derek Boyer
Keller Williams High Country
(828) 719-9485
13 in this area
89 Total Sales
-
NONMLS MEMBER
N
Buyer's Agent in 2025
NONMLS MEMBER
NONMLS
259 in this area
2,443 Total Sales
Map
Source: High Country Association of REALTORS®
MLS Number: 258196
APN: 2941-24-2674-000
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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