NOT LISTED FOR SALE

392 Old Danner Rd Vilas, NC 28692

Estimated Value: $365,000 - $373,000

1 Bed
1.5 Baths
1,428 Sq Ft
$257/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $265,000 $186 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,998/month

10 Days on Market

Highlights

  • River View
  • Mountain Architecture
  • Home fronts a stream
  • Valle Crucis Elementary School Rated A-
  • No HOA
  • Fire Pit

About This Home

As of November 2019

Beautifully furnished Airbnb, 11% cap and a strong rental history. Nestled alongside Laurel Fork, with the 2nd oldest Covered Bridge in NC on the property, this 3-bdrm, 1.5 bath vacation rental features trout fishing within steps of the front door. Delightfully rustic, overflowing with light and featuring a stately stone fireplace where your guests can cozy up after a long day in the High Country. The eat-in kitchen features up-to-date appliances and an abundance of cabinetry. In addition to the living areas, this home features two main floor bedrooms with flat screen TV's, walk in closets and ceiling fans as well as a full bathroom and stacked washer and dryer. Upstairs, is a ½ bath, a bedroom featuring 2 twin beds and across the landing, a playroom equipped with a Foosball table and flat screen TV. The outdoor deck and entertainment area boast a covered hot tub and a large area for mingling. Once the sun goes down, you can head up to the fire-pit for s’mores and relaxation. Additional features: a large front deck with a full-sized patio set and 2 rocking chairs, fenced dog run, Central HVAC, Nest learning thermostat and security webcams, encapsulated crawlspace.

Last Agent to Sell the Property

Kevin Morrell

Interactive Realty Group LLC Listed on: 10/17/2019

Interactive Realty Group LLC

Last Buyer's Agent

Pam King

Realty One Group Results-Boone

Realty One Group Results-Boone

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $605

Year Built

  • Built in 1968

Lot Details

  • 0.56 Acre Lot
  • Home fronts a stream
  • Property fronts a private road

Parking

  • No Garage

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1,428 Sq Ft Home
  • 2-Story Property
  • Stone Fireplace
  • River Views
  • Crawl Space

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom

Outdoor Features

  • Fire Pit

Utilities

  • Central Air
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1990-01-4409-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$605

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.56
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1428.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1968
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Disposal, Microwave
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Stone, Fire Pit
  • Fireplace: Yes
  • Living Area: 1428.0
  • Stories: 2

Exterior Features

  • View: River
  • View: Yes
  • Waterfront Features: Stream
  • Home Warranty: No
  • Construction Type: Log Siding, Wood Frame
  • Exterior Features: Fire Pit
  • Roof: Metal

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Septic Permit 3 Bedroom
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 1990-01-4409-000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 604.9
  • Tax Book Number: 1898/151

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2019
Closed on
Nov 20, 2019
Sold by
Weiner Laurie Beth and Quintero Carol Renee
Bought by
Mahan Darrin M and Mahan Lisa A
Seller's Agent
Kevin Morrell
Interactive Realty Group LLC
Buyer's Agent
Pam King
Realty One Group Results-Boone
List Price
$265,000
Sold Price
$265,000
Current Estimated Value
$367,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,555
Avg. Annual Appreciation
5.50%
Original Mortgage
$191,250
Outstanding Balance
$168,032
Interest Rate
3.75%
Mortgage Type
Small Business Administration
Estimated Equity
$199,523

Purchase Details

Closed on
Dec 29, 2016
Sold by
Quintero Carol
Bought by
Water Under The Bridge Llc

Purchase Details

Closed on
Dec 1, 2005
Sold by
Illich Mark Milan and Illich Brandy Bledsoe
Bought by
Quintero Carol
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Mahan Darrin M $265,000 None Available
Water Under The Bridge Llc -- None Available
Quintero Carol $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahan Darrin M $191,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2019 11/27/19 Sold $265,000 0.0% $186 / Sq Ft
10/28/2019 10/28/19 Pending -- -- --
10/17/2019 10/17/19 For Sale $265,000 -- $186 / 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
2025 $930 $224,700 $18,200 $206,500
2024 $930 $224,700 $18,200 $206,500
2023 $907 $224,700 $18,200 $206,500
2022 $907 $224,700 $18,200 $206,500
2021 $766 $151,400 $21,400 $130,000
2020 $766 $151,400 $21,400 $130,000
2019 $766 $151,400 $21,400 $130,000
2018 $690 $151,400 $21,400 $130,000
2017 $690 $151,400 $21,400 $130,000
2013 -- $129,500 $21,400 $108,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 218393

High Country Association of REALTORS®

APN: 1990-01-4409-000