NOT LISTED FOR SALE

348 Monarch Ln Boone, NC 28607

Estimated Value: $172,522 - $505,000

2 Beds
1.5 Baths
936 Sq Ft
$362/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $60,000 $64 Per Sq Ft

Est. 465% increase in value since last sale

Current estimated payment $1,785/month

27 Days on Market

Highlights

  • Views of Trees
  • No HOA
  • No Heating
  • Parkway Elementary School Rated A
  • Log Cabin

About This Home

As of April 2021

With unusual and unfortunate circumstances to one, there comes a time it can pave a path for another to prosper. This "AS IS '' 2BR/1.5BA, located just a few minutes from Boone in a nice mobile home community, has no representation of its condition and is left to one’s imagination as they please. With a price like this, you can weigh the options of determining “good bones” or time for reconstruction. The property records show it has been perked for a 2 bedroom and has an existing well located on the lot shared with lot 44. The existing house was methodically positioned just right on this level, gentle sloping .80 acre lot to take in the long-range mountain/pasture views. It's priced for a quick and easy close, making you that much closer to achieving your goals. All offers are to be submitted by 10:00AM, Monday, March 29th. PLEASE DO NOT FOLLOW GPS DIRECTIONS. ENTER FROM NEW HWY 421 SOUTH ONTO MONARCH LANE.

Last Agent to Sell the Property

Dusty Washburn

Howard Hanna Allen Tate Real Estate Blowing Rock Listed on: 03/22/2021

Co-Listed By

Scott MacIntosh

Howard Hanna Allen Tate Realtors Boone

Last Buyer's Agent

Matthew Bentley

Howard Hanna Allen Tate Real Estate Blowing Rock

Howard Hanna Allen Tate Real Estate Blowing Rock

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $630

Year Built

  • Built in 1983

Lot Details

  • 0.8 Acre Lot
  • Property fronts a private road

Property Views

  • Trees
  • Pasture
  • Mountain

Home Design

  • Log Cabin
  • Shingle Roof
  • Asphalt Roof
  • Log Siding

Interior Spaces

  • 936 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Schools

  • Parkway Elementary School
  • Watauga High School

Utilities

  • No Cooling
  • No Heating
  • Shared Well

Community Details

  • No Home Owners Association
  • Green Acres Subdivision

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 2941-02-8945-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$630

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.8
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Co List Office Phone: (828) 295-7337
  • Subdivision Name: Green Acres
  • Above Grade Finished Sq Ft: 936.0
  • Architectural Style: Log Home
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1983
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: None
  • Living Area: 936.0
  • Stories: 2

Exterior Features

  • View: Long Range, Mountain(s), Pasture, Residential, Trees/Woods
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log
  • Exterior Features: Gravel Driveway
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, Private

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: Other, Septic Permit 2 Bedroom, See Remarks
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Parkway
  • High School: Watauga

Lot Info

  • Parcel #: 2941-02-8945-000
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 630.0
  • Tax Book Number: 000/000
  • Tax Lot: 43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Apr 15, 2021
Sold by
North Carolina Housing Finance
Bought by
Smith Karl G
Seller's Agent
Dusty Washburn
Howard Hanna Allen Tate Real Estate Blowing Rock
Buyer's Agent
Matthew Bentley
Howard Hanna Allen Tate Real Estate Blowing Rock
List Price
$60,000
Sold Price
$60,000
Current Estimated Value
$338,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,761
Avg. Annual Appreciation
43.75%
Original Mortgage
$80,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 22, 2021
Closed on
Feb 18, 2021
Sold by
The Caudle Law Firm Pa
Bought by
North Carolina Housing Finance Agency
Seller's Agent
Dusty Washburn
Howard Hanna Allen Tate Real Estate Blowing Rock
Buyer's Agent
Matthew Bentley
Howard Hanna Allen Tate Real Estate Blowing Rock
List Price
$60,000
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 2006
Sold by
Brewer William D and Brewer Tracy M
Bought by
Tidyman Richard Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.36%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Karl G -- None Listed On Document
North Carolina Housing Finance Agency $69,000 Caudle Law Firm Pa
Tidyman Richard Stephen $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner North Carolina Housing Finance Agency $80,000
Previous Owner Tidyman Richard Stephen $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2021 04/19/21 Sold $60,000 0.0% $64 / Sq Ft
03/22/2021 03/22/21 For Sale $60,000 -- $64 / Sq Ft
Source: High Country Association of REALTORS®

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 $267 $44,700 $41,800 $2,900
2024 $267 $44,700 $41,800 $2,900
2023 $245 $44,700 $41,800 $2,900
2022 $245 $44,700 $41,800 $2,900
2021 $0 $121,500 $26,100 $95,400
2020 $630 $121,500 $26,100 $95,400
2019 $630 $121,500 $26,100 $95,400
2018 $570 $121,500 $26,100 $95,400
2017 $570 $121,500 $26,100 $95,400
2013 -- $135,700 $17,400 $118,300
Source: Public Records

Agents Affiliated with this Home

  • Dusty Washburn

    Seller's Agent in 2021

    Dusty Washburn

    Howard Hanna Allen Tate Real Estate Blowing Rock

    (828) 964-3132

    19 in this area

    93 Total Sales

    Dusty Washburn
    Section Image
  • Scott MacIntosh

    Seller Co-Listing Agent in 2021

    Scott MacIntosh

    Howard Hanna Allen Tate Realtors Boone

    (828) 310-1236

    12 in this area

    40 Total Sales

    Scott MacIntosh
    Section Image

  • M

    Buyer's Agent in 2021

    Matthew Bentley

    Howard Hanna Allen Tate Real Estate Blowing Rock

    (828) 312-2218

    15 in this area

    46 Total Sales

    Matthew Bentley
    Section Image
See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 229103

High Country Association of REALTORS®

APN: 2941-02-8945-000

North Carolina Watauga County Boone 28607

348 Monarch Ln, Boone, NC

Not Listed for Sale

Detached

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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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