NOT LISTED FOR SALE

2482 Us Highway 421 N Boone, NC 28607

Estimated Value: $402,140

0.28 Acre
$1,436,214 Price per Acre
12,197 Sq Ft Lot

Last Sold August 25, 2023

Last sale price $380,000 $62 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,240/month

Highlights

  • No HOA
  • Baseboard Heating
  • Wood Siding
  • Hardin Park Elementary School Rated A
  • Spring water is a source of water for the property

About This Lot

As of August 2023

Looking for an exciting investment opportunity in the heart of Boone? Look no further than this two-story building, located just minutes from downtown and boasting a wide range of possibilities for your next venture.

Formerly a well-known dive shop, this spacious and versatile property features a fully vacant main floor with endless potential for a variety of businesses or personal use. The upstairs has a 3-bedroom apartment, generating a $1650 monthly income, perfect for offsetting your investment expenses. The building's excellent location in the heart of Boone ensures easy access to all of Boone's top restaurants, shops, and attractions, making it an ideal spot for both live/work and investment purposes. With ample parking, high visibility, and a prime location on a main road, this vacant building is just waiting for its next owner to bring it to life. Don't miss this incredible opportunity to invest in one of Boone's most sought-after areas. Subject to upstairs apartment lease through August 2024

Last Agent to Sell the Property

Margo Lenmark

Howard Hanna Allen Tate Realto Listed on: 06/02/2023

Howard Hanna Allen Tate Realto

Last Buyer's Agent

Jason Eldreth

A PLUS Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,216

Year Built

  • Built in 1973

Lot Details

  • 0.28 Acre Lot
  • Zoning described as B3

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding
  • Masonry

Interior Spaces

  • 6,095 Sq Ft Home
  • 2-Story Property
  • Living Quarters

Parking

  • Parking Available
  • Paved Parking

Schools

  • Hardin Park Elementary School
  • Watauga High School

Utilities

  • Baseboard Heating
  • Spring water is a source of water for the property
  • Shared Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1991-92-5460-000

Property Details

Property Type

Land

Est. Annual Taxes

$1,216

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Building/Land
  • Prop. Type: Commercial Sale
  • Lot Size Acres: 0.28
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1973
  • Attribution Contact: 828-278-8337
  • Special Features: None
  • Stories: 2

Interior Features

  • Stories: 2

Exterior Features

  • Construction Type: Masonry, Wood Siding, Wood Frame
  • Other Structures: Living Quarters
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: Paved, Parking Space(s)

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Permit Unavailable
  • Water Source: Spring, Shared Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hardin Park
  • High School: Watauga

Lot Info

  • Parcel #: 1991-92-5460-000
  • Zoning Description: B3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1216.0
  • Tax Book Number: 1100/488

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2023
Sold by
Gates Anna L
Bought by
High Country Distribution Llc
Current Estimated Value
$402,140

Purchase Details

Closed on
Jul 25, 2005
Sold by
Greene Harold Lewis
Bought by
Pardue Mitchell A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.48%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
High Country Distribution Llc $380,000 None Listed On Document
High Country Distribution Llc $380,000 None Listed On Document
Pardue Mitchell A $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pardue Mitchell A $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2023 08/25/23 Sold $380,000 -15.0% $62 / Sq Ft
07/21/2023 07/21/23 Price Changed $447,000 -10.1% $73 / Sq Ft
06/02/2023 06/02/23 For Sale $497,000 -- $82 / 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 $1,189 $287,380 $67,100 $220,280
2023 $1,166 $287,380 $67,100 $220,280
2022 $1,166 $287,380 $67,100 $220,280
2021 $1,013 $201,500 $61,000 $140,500
2020 $1,013 $201,500 $61,000 $140,500
2019 $1,013 $201,500 $61,000 $140,500
2018 $912 $201,500 $61,000 $140,500
2017 $912 $201,500 $61,000 $140,500
2013 -- $211,200 $48,800 $162,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 243285

High Country Association of REALTORS®

APN: 1991-92-5460-000