$115,000
SOLD DEC 19, 2014

280 Dusty Rd Boone, NC 28607

3 Beds
1 Bath
1,176 Sq Ft
0.3 Acres

Recently Sold

$98 Per Sq Ft

141 Days on Market

Highlights

  • Mountain View
  • Ranch Style House
  • No HOA
  • Parkway Elementary School Rated A
  • Attic
  • Double Pane Windows

About This Home

As of October 2022

DROPPED TO $129,900!!! Great income property in outstanding condition in great convenient location, off state-maintained, paved road just east of Boone with nice yard, metal roof, hardwood floors, tongue & groove pine walls, stainless appliances, covered carport and plenty of parking. At $350 income per month per bedroom this property could produce $12,600 annual income and is priced accordingly at a 9.6% Cap Rate which is an outstanding return for investors. Could also be a lovely residential home. Investment return remarks are predicated on the elimination of the ETJ as scheduled on Jan 1, 2015.

Last Agent to Sell the Property

Bob De Camara

Boone Real Estate Listed on: 07/01/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $424

Year Built

  • Built in 1965

Lot Details

  • 0.3 Acre Lot
  • Southern Exposure
  • Zoning described as ETJ

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,176 Sq Ft Home
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Double Pane Windows
  • Mountain Views
  • Crawl Space
  • Electric Range
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Carport
  • Driveway
  • Paved Parking

Schools

  • Parkway Elementary School

Utilities

  • Heat Pump System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 2921-62-4910-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$424

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 1176.0
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Year Built: 1965
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: One, Masonry, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Attic
  • Living Area: 1176.0
  • Window Features: Double Pane Windows, Other, See Remarks

Exterior Features

  • View: Mountain(s), Southern Exposure
  • View: Yes
  • Home Warranty: No
  • Construction Type: Brick, Wood Siding
  • Exterior Features: Other, See Remarks, Paved Driveway
  • Patio And Porch Features: None
  • Roof: Metal

Garage/Parking

  • Parking Features: Carport, Driveway, Paved, Private

Utilities

  • Heating: Electric, Heat Pump, None
  • Heating Yn: No
  • Sewer: Other, See Remarks
  • Utilities: Cable Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Parkway

Lot Info

  • Parcel #: 2921-62-4910-000
  • Zoning Description: ETJ
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 424.0
  • Tax Book Number: 1394/699

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2022
Closed on
Oct 13, 2022
Sold by
Bowers Michelle Lynn
Bought by
Iandola Deborah
Seller's Agent
Mark Mashburn
RE/MAX Realty Group
Buyer's Agent
Annette Beeler
Jenkins Realtors
List Price
$230,000
Sold Price
$230,000
Current Estimated Value
$268,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,791
Avg. Annual Appreciation
5.21%
Original Mortgage
$218,500
Outstanding Balance
$211,504
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$53,632

Purchase Details

Listed on
Jun 16, 2017
Closed on
Sep 20, 2017
Sold by
Sterrett John D and Sterrett Rachel
Bought by
Bowers Michelle Lynn
Seller's Agent
Barbara McGill
Ballantyne Area Market Center LLC d.b.a. Keller Wi
Buyer's Agent
Lee Gillette
Berkshire Hathaway HomeServices Vincent Properties
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%
Original Mortgage
$140,650
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2014
Closed on
Dec 11, 2014
Sold by
Martin Karl L and Martin Kelly Y
Bought by
Sterrett John D
Seller's Agent
Bob De Camara
Boone Real Estate
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%
Original Mortgage
$92,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2008
Sold by
Payne Conna Church
Bought by
Martin Karl L
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 Type Sale Price Title Company
Warranty Deed $230,000 --
Warranty Deed -- None Available
Warranty Deed $115,000 None Available
Warranty Deed $142,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $218,500 New Conventional
Previous Owner $134,800 New Conventional
Previous Owner $140,650 New Conventional
Previous Owner $92,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Sold $230,000 0.0% $196 / Sq Ft
08/25/2022 08/25/22 Pending -- -- --
08/21/2022 08/21/22 For Sale $230,000 +58.6% $196 / Sq Ft
09/21/2017 09/21/17 Sold $145,000 0.0% $123 / Sq Ft
08/22/2017 08/22/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $145,000 +26.1% $123 / Sq Ft
12/19/2014 12/19/14 Sold $115,000 0.0% $98 / Sq Ft
11/19/2014 11/19/14 Pending -- -- --
07/01/2014 07/01/14 For Sale $115,000 -- $98 / 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 $563 $121,700 $23,800 $97,900
2023 $540 $121,700 $23,800 $97,900
2022 $540 $121,700 $23,800 $97,900
2021 $536 $98,400 $13,600 $84,800
2020 $536 $98,400 $13,600 $84,800
2019 $536 $98,400 $13,600 $84,800
2018 $486 $98,400 $13,600 $84,800
2017 $486 $98,400 $13,600 $84,800
2013 -- $92,800 $13,600 $79,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 186189

High Country Association of REALTORS®

APN: 2921-62-4910-000