NOT LISTED FOR SALE

243 Bamboo Rd Boone, NC 28607

Boone Area
17 Beds
11.5 Baths
10,032 Sq Ft
0.98 Acre Lot

Sale Details

Date Sold: December 19, 2019

Last sale price $840,000 $84 Per Sq Ft

3 Days on Market

Highlights

  • Traditional Architecture
  • Lawn
  • Open Lot
  • Parkway Elementary School Rated A
  • High Speed Internet
  • Carpet

About This Home

As of December 2019

Property is Under Contract. 11 Unit Apartment Complex in Boone adjoins city limits on Bamboo Road, but is not in city limits. Fully leased. Three buildings total just over 10,000 sq.ft. containing Four one bedroom units, Five two bedroom units, One efficiency and One 2BR, 1 BA detached home all on nearly one acre lot. Wells and septic systems. Paved parking. Green area. The two apartment buildings and the paved parking lot front Bamboo Rd. The house at the back of the lot has access via a shared gravel driveway. Seller financing offered with terms to be negotiated. No for sale sign on property. Do not disturb tenants.

Last Agent to Sell the Property

Robbie Sharrett

Lyons Construction and Realty, Inc. License #78637 Listed on: 10/10/2019

Last Buyer's Agent

Bill Aceto

Blue Ridge Realty & Investments License #256377

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • Open Lot
  • Lawn

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Flooring

  • Carpet
  • Vinyl

Utilities

  • Septic Tank
  • Shared Septic
  • High Speed Internet

Additional Features

  • Crawl Space

Listing and Financial Details

  • Tenant pays for cable, electricity
  • Rent includes water
  • Assessor Parcel Number 2920205262000

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0.98 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Apartments
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.87774
  • Ratio Close Price By Original Li: 0.87774
  • Ratio Current Price By Acre: 850202.43
  • Ratio Current Price By Sq Ft: 83.73
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Full Bathrooms: 11
  • Half Bathrooms: 1
  • Total Bedrooms: 17
  • Equipment: Electric Range, Refrigerator, Electric Oven
  • Flooring: Carpet, Vinyl
  • Total Sq Ft: 10032

Exterior Features

  • Construction: Brick Partial, Hardboard Siding, Vinyl, Wood
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance, Wired Internet Available

Garage/Parking

  • Driveway: Asphalt, Gravel
  • Parking: Lot, Parking Space - 2

Utilities

  • Heating: Electric Baseboard Heat, Wall Unit Heat
  • Sewer: Septic Installed, Shared Septic
  • Water: Well Installed
  • Water Heater: Electric

Lot Info

  • Lot Features: Open Lot, Paved Frontage
  • Parcel Number: 2920205262000

Rental Info

  • Rent Includes: Water
  • Tenant Pays: Cable, Electricity

Tax Info

  • Tax Value: 530000.00
  • Tax Location: Boone

Multi Family

  • Number Of Units Total: 11

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2019
Closed on
Dec 19, 2019
Sold by
Bought by
Seller's Agent
Robbie Sharrett
Lyons Construction and Realty, Inc.
Buyer's Agent
Bill Aceto
Blue Ridge Realty & Investments
List Price
$957,000
Sold Price
$840,000
Premium/Discount to List
-$117,000
-12.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$677,587
Interest Rate
0.036%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 26, 2013
Sold by
Bought by
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$840,000 None Available
$530,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $375,000
Open $983,548
Closed $677,587
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/19/2019 12/19/19 Sold $840,000 -12.2% $84 / Sq Ft
10/13/2019 10/13/19 Pending -- -- --
10/10/2019 10/10/19 For Sale $957,000 -- $95 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $165 $852,460 $42,400 $810,060
2024 $10,492 $852,460 $42,400 $810,060
2023 $4,102 $852,460 $42,400 $810,060
2022 $10,184 $852,460 $42,400 $810,060
2021 $3,330 $529,100 $137,000 $392,100
2020 $3,330 $529,100 $137,000 $392,100
2019 $3,334 $530,000 $137,900 $392,100
2018 $3,069 $530,000 $137,900 $392,100
2017 $3,069 $530,000 $137,900 $392,100
2013 -- $564,100 $125,300 $438,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS

MLS Number: CAR3559625

Canopy MLS
Your Personal Tour Guide

Ask me questions while you tour the home.