NOT LISTED FOR SALE

387 New Homestead Dr Vilas, NC 28692

Estimated Value: $839,000 - $1,018,000

3 Beds
3.5 Baths
2,753 Sq Ft
$333/Sq Ft Est. Value

Last Sold April 20, 2018

Last sale price $465,000 $169 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $5,089/month

Highlights

  • 2.41 Acre Lot
  • Mountain View
  • Mountain Architecture
  • Valle Crucis Elementary School Rated A-
  • Wooded Lot
  • Secondary Bathroom Jetted Tub

About This Home

As of April 2018

Mountain Living in The Homestead! This 3BR 3.5BA log cabin offers over 2700 square feet of heated, finished living space with an open floor plan, exposed beams, and rustic finishes. Wrap around decks span the main and lower levels of the home and provide ample space to take in the mountain views! Both the Master Suite and the vaulted great room enjoy stone fireplaces while the kitchen and dining rooms feature stone accents, stainless steel appliances, and granite counters. Multiple deck access create a great flow from indoors to out! The lofted 2nd floor holds 2BR 1BA while the lower level features a 2nd living space with wet bar, large bonus room, and convenient 2 car garage access. Amenities include: beautiful wood floors, tiled showers, jetted tub, dual entries, spacious foyer, covered entryway, ample parking, hot-tub-connection in place on lower deck! The Homestead's location between Boone and Blowing Rock and in the Valle Crucis vicinity would make this a great mountain getaway/2nd home or full time residence alike!

Last Agent to Sell the Property

Chad Vincent

Berkshire Hathaway HomeServices Vincent Properties Listed on: 05/11/2017

Berkshire Hathaway HomeServices Vincent Properties

Co-Listed By

Jay Vincent

Berkshire Hathaway HomeServices Vincent Properties

Last Buyer's Agent

Denise Weinkle

RE/MAX Realty Group

RE/MAX Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,433

Year Built

  • Built in 2005

Lot Details

  • 2.41 Acre Lot
  • Property fronts a private road
  • Wooded Lot
  • Zoning described as Deed Restrictions,Residential,Subdivision

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Basement Garage
  • Gravel Driveway

Home Design

  • Mountain Architecture
  • Log Cabin
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding
  • Shake Siding
  • Log Siding
  • Stone

Interior Spaces

  • 3-Story Property
  • 2 Fireplaces
  • Stone Fireplace
  • Gas Fireplace
  • Mountain Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Secondary Bathroom Jetted Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Open Patio
  • Wrap Around Porch

Schools

  • Valle Crucis Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Shared Well
  • Private Sewer
  • High Speed Internet

Community Details

  • The Homestead Subdivision

Listing and Financial Details

  • Long Term Rental Allowed
  • Tax Lot 2
  • Assessor Parcel Number 1980-49-4290-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,433

Year Built

Built in 2005

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.41
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 62
  • Co List Office Phone: (828) 295-0700
  • Subdivision Name: The Homestead
  • Above Grade Finished Sq Ft: 2064.0
  • Architectural Style: Log Home, Mountain
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 2005
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Washer
  • Has Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 689.0
  • Fireplace Features: Two, Gas, Other, See Remarks, Stone, Vented
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Jetted Tub
  • Living Area: 2753.0
  • Stories: 3

Exterior Features

  • Lot Features: Wooded
  • View: Long Range, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log, Shake Siding, Stone, Wood Siding
  • Exterior Features: Other, See Remarks, Gravel Driveway
  • Patio And Porch Features: Multiple, Open, Other, See Remarks, Wrap Around
  • Roof: Architectural, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Basement, Driveway, Garage, Two Car Garage, Gravel, Private

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Sewer: Private Sewer, Septic Permit 3 Bedroom
  • Utilities: High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed
  • Association Fee: 400.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1980-49-4290-000
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1433.0
  • Tax Book Number: 1742/591
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2017
Closed on
Apr 12, 2018
Sold by
Cote Guy Matthew
Bought by
Pampinella James V and Dillman Joy D
Seller's Agent
Chad Vincent
Berkshire Hathaway HomeServices Vincent Properties
Buyer's Agent
Denise Weinkle
RE/MAX Realty Group
List Price
$465,000
Sold Price
$465,000
Current Estimated Value
$917,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,391
Avg. Annual Appreciation
9.84%

Purchase Details

Closed on
Feb 10, 2014
Sold by
Davis Richard M and Mayer Davis Elizabeth J
Bought by
Cote Guy Matthew

Purchase Details

Closed on
Jan 22, 2007
Sold by
Overcrash Ronald B and Overcrash Carol E
Bought by
Davis Richard M and Davis Elizabeth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
6.08%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Pampinella James V $465,000 None Available
Cote Guy Matthew $450,000 None Available
Davis Richard M $435,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Richard M $201,000
Previous Owner Davis Richard M $326,690
Previous Owner Davis Richard M $343,000
Previous Owner Davis Richard M $348,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2018 04/20/18 Sold $465,000 0.0% $169 / Sq Ft
03/21/2018 03/21/18 Pending -- -- --
05/11/2017 05/11/17 For Sale $465,000 -- $169 / 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 $2,018 $634,600 $70,300 $564,300
2023 $2,415 $634,600 $70,300 $564,300
2022 $2,415 $634,600 $70,300 $564,300
2021 $0 $372,800 $54,100 $318,700
2020 $1,769 $372,800 $54,100 $318,700
2019 $1,769 $372,800 $54,100 $318,700
2018 $1,582 $372,800 $54,100 $318,700
2017 $1,582 $372,800 $54,100 $318,700
2013 -- $388,400 $54,100 $334,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 200275

High Country Association of REALTORS®

APN: 1980-49-4290-000