NOT LISTED FOR SALE

450 Rainbow Mountain Rd Boone, NC 28607

Estimated Value: $602,862 - $690,000

3 Beds
2 Baths
2,448 Sq Ft
$258/Sq Ft Est. Value

Last Sold September 02, 2021

Last sale price $429,000 $175 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,499/month

27 Days on Market

Highlights

  • Views of Trees
  • Partially Wooded Lot
  • 2 Fireplaces
  • Hardin Park Elementary School Rated A
  • Mountain Architecture
  • No HOA

About This Home

As of September 2021

Location, location, location! This lived in family home is conveniently located between Boone & Blowing Rock. Mountain home features an abundance of finely crafted exterior rock and timber work. An outdoor living enthusiasts dream, with extravagant winding porches and terraced gardens. Property offers an array of native flora, mature peach tree, blueberry bushes, and two large sheds. Unique octagonal rooms add character and charm, while the large open and updated kitchen is a cooks delight! This two story home features two stone fireplaces, three bedrooms, two bathrooms, and so much more. The gravel road ‘mountainous’ access is well worth the climb, ensuring privacy, yet quick access to the many amenities and delights that Boone and Blowing Rock have to offer. Only minutes to App Ski Mountain, the Parkway, and Moses Cone Memorial Park! Situated on just under one acre, this property backs up to Camp Sky Ranches 145 acres of forested land. With personal touches and cosmetic upgrades, this home would provide incredible potential for seasonal living, vacation rentals, or full time residency. Please no Drive-By’s – Dogs on premises.

Last Agent to Sell the Property

Bill Aceto

Blue Ridge Realty & Inv. Boone Listed on: 07/06/2021

Last Buyer's Agent

Jordan Sellers

828 Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,026

Year Built

  • Built in 1977

Lot Details

  • 0.9 Acre Lot
  • Property fronts a private road
  • Partially Wooded Lot

Property Views

  • Trees
  • Mountain
  • Seasonal

Home Design

  • Mountain Architecture
  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Masonry
  • Stone

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Stone Fireplace
  • Double Pane Windows

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Open Patio
  • Outbuilding
  • Wrap Around Porch

Schools

  • Hardin Park Elementary School
  • Watauga High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Shared Well
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association
  • Rainbow Mountain Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2809-86-2122-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,026

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.9
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel, Other, See Remarks
  • Subdivision Name: Rainbow Mountain
  • Above Grade Finished Sq Ft: 1224.0
  • Architectural Style: Cottage, Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1977
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1224.0
  • Fireplace Features: Two, Stone, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 2448.0
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior Features

  • View: Mountain(s), Seasonal View, Trees/Woods
  • View: Yes
  • Home Warranty: No
  • Construction Type: Masonry, Stone, Wood Siding, Wood Frame
  • Exterior Features: Out Building(s), Gravel Driveway
  • Foundation Details: Basement
  • Other Structures: Outbuilding
  • Patio And Porch Features: Multiple, Open, Patio, Stone, Wrap Around
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, Other, Private, See Remarks

Utilities

  • Laundry Features: In Basement
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Private Sewer, Septic Permit Unavailable
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hardin Park
  • High School: Watauga

Lot Info

  • Parcel #: 2809-86-2122-000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1026.0
  • Tax Book Number: 1824/369

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2023
Sold by
Mack Karolyn J
Bought by
Karolyn J Mack 1996 Revocable Trust
Current Estimated Value
$631,216

Purchase Details

Closed on
Apr 17, 2023
Sold by
Redmon Harold Gene Le
Bought by
Redmon Kelly Gene and Redmon Sue

Purchase Details

Closed on
Apr 6, 2023
Sold by
Brunderman Family Trust
Bought by
Elizabeth A Colonna Amended And Restated Revo

Purchase Details

Closed on
Mar 12, 2023
Sold by
Swift Dudley O and Swift Dorothy C
Bought by
Deep Gap Associates Llc

Purchase Details

Closed on
May 5, 2022
Sold by
Nesbitt Peter D
Bought by
Watauga County

Purchase Details

Listed on
Jul 6, 2021
Closed on
Sep 7, 2021
Sold by
Phillips Paige and Phillips Dane
Bought by
Nesbitt Peter D and Crotwell Patricia E
Seller's Agent
Bill Aceto
Blue Ridge Realty & Inv. Boone
Buyer's Agent
Jordan Sellers
828 Real Estate
List Price
$429,000
Sold Price
$429,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.88%
Original Mortgage
$289,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 17, 2014
Closed on
Sep 16, 2015
Sold by
Lawton Jon B and Lawton Barbara A
Bought by
Phillips Paige
Seller's Agent
Cathey Purvey
RE/MAX Realty Group
Buyer's Agent
Bill Aceto
Blue Ridge Realty & Inv. Boone
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.66%
Original Mortgage
$170,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2011
Sold by
Fannie Mae
Bought by
Lawton Jon B and Lawton Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2010
Sold by
Manner Shelley and Gmac Mortgage Llc
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
4.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Karolyn J Mack 1996 Revocable Trust -- None Listed On Document
Karolyn J Mack 1996 Revocable Trust -- None Listed On Document
Redmon Kelly Gene -- None Listed On Document
Redmon Harold Gene -- None Listed On Document
Elizabeth A Colonna Amended And Restated Revo $5,000 None Listed On Document
Elizabeth A Colonna Amended And Restated Revo $5,000 None Listed On Document
Deep Gap Associates Llc $132,000 None Listed On Document
Deep Gap Associates Llc $132,000 None Listed On Document
Watauga County -- None Listed On Document
Nesbitt Peter D $429,000 None Available
Phillips Paige $200,000 Attorney
Lawton Jon B -- --
Federal National Mortgage Association $242,968 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nesbitt Peter D $289,000
Previous Owner Phillips Paige $170,000
Previous Owner Lawton Jon B $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/02/2021 09/02/21 Sold $429,000 0.0% $175 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $429,000 +114.5% $175 / Sq Ft
09/18/2015 09/18/15 Sold $200,000 0.0% $94 / Sq Ft View Prior Sale
08/19/2015 08/19/15 Pending -- -- --
05/17/2014 05/17/14 For Sale $200,000 -- $94 / 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 $1,669 $414,300 $17,000 $397,300
2023 $1,646 $414,300 $17,000 $397,300
2022 $1,646 $414,300 $17,000 $397,300
2021 $0 $204,300 $16,400 $187,900
2020 $1,026 $204,300 $16,400 $187,900
2019 $1,026 $204,300 $16,400 $187,900
2018 $924 $204,300 $16,400 $187,900
2017 $924 $204,300 $16,400 $187,900
2013 -- $214,500 $14,000 $200,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 231558

High Country Association of REALTORS®

APN: 2809-86-2122-000