NOT LISTED FOR SALE

298 Estatoa Ave Newland, NC 28657

Estimated Value: $359,146

0.34 Acre
$1,056,312 Price per Acre
14,810 Sq Ft Lot

Last Sold October 16, 2023

Last sale price $335,000 $209 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,968/month

81 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • High Speed Internet
  • Cooling Available

About This Lot

As of October 2023

Center of Newland, beautifully maintained metal frame building with 800 sf of finished office space and 800 sf of heated warehouse space in the center of Newland. Also full RV facilities on the lot. City water/sewer and natural gas. The office space can easily be converted to residential use. Live where you work. Convenient location with plenty of possible uses including expanding the building to the rear or side.

Last Agent to Sell the Property

Thomas Golder

Claybank Investors Brokerage Phone: 704-341-1556 Listed on: 07/26/2023

Last Buyer's Agent

NONMLS MEMBER

NONMLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $653

Year Built

  • Built in 2009

Lot Details

  • 0.34 Acre Lot
  • Back Yard Fenced

Home Design

  • 1,600 Sq Ft Home
  • Wood Frame Construction
  • Metal Roof
  • Aluminum Siding

Parking

  • Parking Available
  • Gravel Driveway

Schools

  • Newland Elementary School
  • Avery County High School

Utilities

  • Forced Air Heating System
  • Radiant Heating System
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 1836-14-43-6519-00000

Property Details

Property Type

Land

Est. Annual Taxes

$653

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Sub Type: Building/Land
  • Prop. Type: Commercial Sale
  • Lot Size Acres: 0.34
  • Road Surface Type: Paved
  • Subdivision Name: 1780
  • Year Built: 2009
  • Attribution Contact: 704-341-1556
  • Special Features: None

Exterior Features

  • Fencing: Back Yard
  • Construction Type: Aluminum Siding, Wood Frame
  • Roof: Metal

Garage/Parking

  • Parking Features: Gravel, Parking Space(s)

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Radiant
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: Newland
  • High School: Avery County

Lot Info

  • Parcel #: 1836-14-43-6519-00000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 653.0
  • Tax Book Number: 555/563

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2023
Closed on
Sep 21, 2023
Sold by
Polhill Paul F and Polhill Lisa E
Bought by
Avery County
Seller's Agent
Thomas Golder
Claybank Investors
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$329,000
Sold Price
$335,000
Premium/Discount to List
$6,000
1.82%
Views
12
Current Estimated Value
$359,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,146
Avg. Annual Appreciation
1.21%

Purchase Details

Closed on
Jan 14, 2021
Sold by
Southern Sound Inc
Bought by
Polhill Paul F and Polhill Lisa E

Purchase Details

Closed on
Jun 19, 2015
Sold by
Smith Melissa A and Smith Adam D
Bought by
Southern Sound Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,877
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 16, 2009
Sold by
Southern Sound Equipment Llc
Bought by
Smith Melissa A and Smith Adam D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,207
Interest Rate
5.01%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 15, 2008
Sold by
Close William J and Mickel Close Brenda J
Bought by
Southern Sound Equipment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
6.31%
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
Avery County $335,000 None Listed On Document
Polhill Paul F $175,000 None Available
Southern Sound Inc $77,000 None Available
Smith Melissa A -- None Available
Southern Sound Equipment Llc $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Southern Sound Inc $200,000
Previous Owner Southern Sound Inc $76,877
Previous Owner Smith Melissa Angela $48,700
Previous Owner Smith Melissa A $93,207
Previous Owner Southern Sound Equipment Llc $87,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $335,000 +1.8% $209 / Sq Ft
07/26/2023 07/26/23 For Sale $329,000 -- $206 / 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 $653 $163,300 $87,100 $76,200
2023 $653 $163,300 $87,100 $76,200
2022 $653 $163,300 $87,100 $76,200
2021 $547 $99,500 $54,500 $45,000
2020 $1,065 $99,500 $54,500 $45,000
2019 $1,065 $99,500 $54,500 $45,000
2018 $547 $99,500 $54,500 $45,000
2017 $1,044 $97,600 $0 $0
2016 $436 $97,600 $0 $0
2015 $436 $97,600 $43,600 $54,000
2012 -- $86,700 $43,600 $43,100
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Thomas Golder

    Claybank Investors

    (704) 341-1556

    19 in this area

    35 Total Sales

    Thomas Golder
    Section Image

  • N

    Buyer's Agent in 2023

    NONMLS MEMBER

    NONMLS

    85 in this area

    2,476 Total Sales

    NONMLS MEMBER
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 244881

High Country Association of REALTORS®

APN: 1836-14-43-6519-00000

North Carolina Avery County Newland 28657

298 Estatoa Ave, Newland, NC

This home is located at 298 Estatoa Ave, Newland, NC 28657 since 26 July 2023 and is currently estimated at $359,146, approximately $224 per square foot. This property was built in 2009. 298 Estatoa Ave is a home located in Avery County with nearby schools including Newland Elementary School and Avery Middle School.

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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