NOT LISTED FOR SALE

491 Waterside Dr Unit 1 Blowing Rock, NC 28605

Estimated Value: $684,000 - $720,851

2 Beds
2 Baths
1,506 Sq Ft
$430/mo HOA Fee

Last Sold November 20, 2015

Last sale price $250,000 $166 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $4,423/month

Highlights

  • Ski Accessible
  • Gated Community
  • Community Lake
  • Blowing Rock Elementary School Rated A
  • Private Membership Available
  • Clubhouse

About This Home

As of November 2015

Excellent maintained 2/2 with extra den area built in 2003 with lovely views off the deck in both directions and the living room enjoys a stone face & gas burning fireplace . Home has had low use and is open bright floor-plan with beautiful wood floors. The kitchen has beautiful similar to Corian stone counter tops and there is also a built in wet bar. There are wood blinds installed, both bathrooms have a bath tub. The master has a separate shower, #2 has a bath tub/shower combo. An extra amenity is the handicap access ramp from parking makes this a rare one level living unit! This unit has turned into a bonafide rental, income producing property. An excellent investment w/ vacation rental agreements in place. No showings during tenancy, please schedule well in advance. The only number that matters to an investor is NET NET NET, this unit has NETTED the owner $16000+ in 2015 with mostly limited to 2 occupants. It has the potential to increase revenue by converting the den into a trundle style day bed and sleep 6-8 by replacing the couch with a sleeper couch....

Last Agent to Sell the Property

Shanaaz Eisenberg

Elite Mountain & Triangle Properties-Mountains Listed on: 12/04/2014

Last Buyer's Agent

Deborah Coffey

Watauga Property Management

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,213

Year Built

  • Built in 2003

HOA Fees

  • $430 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,506 Sq Ft Home
  • Stone Fireplace
  • Double Pane Windows

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Driveway
  • Paved Parking

Schools

  • Blowing Rock Elementary School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Wood
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Property fronts a private road

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 2808900021001

Community Details

Overview

  • Private Membership Available
  • Chetola Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool
  • Ski Accessible

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,213

Year Built

Built in 2003

Lot Details

0

HOA Fees

$430 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Chetola
  • Above Grade Finished Sq Ft: 1506.0
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Year Built: 2003
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: One, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1506.0
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Features: Community
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Paved Driveway
  • Patio And Porch Features: Covered
  • Roof: Asphalt, Shingle

Garage/Parking

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

Utilities

  • Heating: Electric, Gas, Heat Pump, Other, See Remarks, Wood
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Gated, Lake, Pool, Skiing, Tennis Court(s), Short Term Rental Allowed
  • Association Fee: 430.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Blowing Rock

Lot Info

  • Parcel #: 2808900021001
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2213.0
  • Tax Book Number: 1533/465

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2014
Closed on
Nov 20, 2015
Sold by
Peterson Ralph E and Peterson Geraldine L
Bought by
Equity Trust Company and Jean Schumacher Gilreath Ira
Seller's Agent
Shanaaz Eisenberg
Elite Mountain & Triangle Properties-Mountains
Buyer's Agent
Deborah Coffey
Watauga Property Management
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$700,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,463
Avg. Annual Appreciation
10.97%
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
Equity Trust Company $250,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2015 11/20/15 Sold $250,000 0.0% $166 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
12/04/2014 12/04/14 For Sale $250,000 -- $166 / 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 $3,348 $451,900 $50,000 $401,900
2023 $3,189 $451,900 $50,000 $401,900
2022 $3,189 $451,900 $50,000 $401,900
2021 $1,486 $345,500 $50,000 $295,500
2020 $2,820 $345,500 $50,000 $295,500
2019 $2,820 $345,500 $50,000 $295,500
2018 $2,578 $345,500 $50,000 $295,500
2017 $2,578 $345,500 $50,000 $295,500
2013 -- $345,000 $62,500 $282,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Shanaaz Eisenberg

    Elite Mountain & Triangle Properties-Mountains

    (828) 773-6050

    6 in this area

    23 Total Sales

    Shanaaz Eisenberg
    Section Image

  • D

    Buyer's Agent in 2015

    Deborah Coffey

    Watauga Property Management

    (828) 773-3205

    33 in this area

    34 Total Sales

    Deborah Coffey
    Section Image

  • B

    Buyer Co-Listing Agent in 2015

    Brockford Baird

    Baird Investments Inc

    (828) 964-3656

    27 in this area

    28 Total Sales

    Brockford Baird
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 188682

High Country Association of REALTORS®

APN: 2808-90-0021-001

North Carolina Watauga County Blowing Rock 28605

491 Waterside Dr Unit 1, Blowing Rock, NC

This home is located at 491 Waterside Dr Unit 1, Blowing Rock, NC 28605 since 04 December 2014 and is currently estimated at $700,463, approximately $465 per square foot. This property was built in 2003. 491 Waterside Dr Unit 1 is a home located in Watauga County with nearby schools including Blowing Rock Elementary School and Watauga High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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