NOT LISTED FOR SALE

470 Forest Grove Rd Vilas, NC 28692

Estimated Value: $457,780 - $532,000

3 Beds
2 Baths
1,540 Sq Ft
$322/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $370,000 $240 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,853/month

42 Days on Market

Highlights

  • Mountain Architecture
  • No HOA
  • Tankless Water Heater
  • Watauga High School Rated A-
  • Cooling Available
  • Shed

About This Home

As of August 2022

First time on the market, this one-owner home offers light, privacy, comfort, and potential. Located in rural Watauga County in the Bethel school district, build a garden, raise chickens, enjoy coffee on the deck, and unfold time. The main floor has three bedrooms, living with expansive windows, kitchen, sunroom, two baths, and a small loft that offers space that has not been included in the square footage. The basement level has a one-car garage and an abundance of unfinished space that can be finished to your liking. While you may wish to update, this cabin is perfectly suited to provide all the comforts and joys of home. Make it a primary or vacation home, or even update it to use as a short-term rental. What an opportunity!

Last Agent to Sell the Property

Stacie Pineda

Stacie Pineda Real Estate Group Listed on: 07/11/2022

Stacie Pineda Real Estate Group

Last Buyer's Agent

Kent Zotter

Ridgeline Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,214

Year Built

  • Built in 1998

Lot Details

  • 1.17

Parking

  • 1 Car Garage
  • Basement Garage
  • Driveway

Home Design

  • Mountain Architecture
  • Log Cabin
  • Shingle Roof
  • Asphalt Roof
  • Log Siding
  • Cedar

Interior Spaces

  • 1,540 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace
  • Unfinished Basement
  • Laundry in Basement
  • Electric Range
  • Washer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Bethel Elementary School
  • Watauga High School

Utilities

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

Additional Features

  • Shed
  • 1.17 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1973075778000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,214

Year Built

Built in 1998

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.17
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1540.0
  • Architectural Style: Log Home, Mountain
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1998
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Range, Electric Water Heater, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Living Area: 1540.0
  • Stories: 2

Exterior Features

  • Home Warranty: No
  • Construction Type: Cedar, Log, Log Siding
  • Exterior Features: Storage
  • Foundation Details: Basement
  • Other Structures: Shed(s)
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Asphalt, Basement, Driveway, Garage, One Car Garage

Utilities

  • Laundry Features: In Basement
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump, Other, See Remarks
  • Heating Yn: Yes
  • Sewer: Private Sewer, Septic Permit 3 Bedroom
  • Water Source: Other, See Remarks, Shared Well

Condo/Co-op/Association

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

Schools

  • Elementary School: Bethel
  • High School: Watauga

Lot Info

  • Parcel #: 1973075778000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1214.31
  • Tax Book Number: 1304/135

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Aug 22, 2022
Sold by
Wilson Revocable Living Trust
Bought by
Goodson John Phillip and Baber Dana Marie
Seller's Agent
Stacie Pineda
Stacie Pineda Real Estate Group
Buyer's Agent
Kent Zotter
Ridgeline Properties
List Price
$399,000
Sold Price
$370,000
Premium/Discount to List
-$29,000
-7.27%
Views
3
Current Estimated Value
$495,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,445
Avg. Annual Appreciation
10.48%
Original Mortgage
$300,000
Outstanding Balance
$288,701
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$207,771

Purchase Details

Closed on
Jul 13, 2007
Sold by
Wilson Beverly Neil and Wilson Frances A
Bought by
Wilson Beverly Neil and Wilson Frances A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Goodson John Phillip $370,000 None Listed On Document
Wilson Beverly Neil -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goodson John Phillip $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2022 08/23/22 Sold $370,000 -7.3% $240 / Sq Ft
07/11/2022 07/11/22 For Sale $399,000 -- $259 / 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 $1,406 $354,100 $20,900 $333,200
2023 $1,383 $354,100 $20,900 $333,200
2022 $1,383 $354,100 $20,900 $333,200
2021 $729 $250,400 $20,700 $229,700
2020 $1,214 $250,400 $20,700 $229,700
2019 $1,214 $250,400 $20,700 $229,700
2018 $1,089 $250,400 $20,700 $229,700
2017 $1,089 $250,400 $20,700 $229,700
2013 -- $240,900 $20,700 $220,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 238340

High Country Association of REALTORS®

APN: 1973-07-5778-000