NOT LISTED FOR SALE

500 Manor Ridge Boone, NC 28607

Estimated Value: $2,624,000 - $3,408,000

4 Beds
6 Baths
7,216 Sq Ft
$428/Sq Ft Est. Value

Last Sold January 16, 2015

Last sale price $1,070,000 $148 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $16,709/month

253 Days on Market

Highlights

  • Guest House
  • 20.06 Acre Lot
  • Wooded Lot
  • Parkway Elementary School Rated A
  • Mountain View
  • 2 Fireplaces

About This Home

As of January 2015

This is one gorgeous, sophisticated SHOWCASE HOME! with stunning long range VIEWS! on 20 acres CLOSE TO TOWN. This home was thoughtfully designed with elegance and energy efficiency in mind. Energy features include: Advanced window glazing to reflect heat in and out according to the season, low toxicity Icynene insulation, on demand water heaters, masonry radiant heater. Other features include electrical wiring re-routed in high traffic areas to reduce electro-magnetic fields, non-toxic stains, pressure treated wood with no heavy metals,speaker system throughout the house, Japanese soaking tub 9 inch limestone on front of home, 9in crown molding, commercial light switches,8' faux finish doors to reduce warping, Russian Oven. Large beautiful 1-bed apartment w/sep entrance that could easily be made into 2 bed/2 ba as it is plumbed for 2nd bath. This home is a showcase. It's been used to host weddings, charities, and house concerts. Original owner was a high-end-award winning luxury home developer.Must see this French Country Estate just minutes from town. Please no drive-bys, per seller

Last Agent to Sell the Property

Margo Lenmark

Howard Hanna Allen Tate Realtors Boone Listed on: 04/08/2014

Howard Hanna Allen Tate Realtors Boone

Last Buyer's Agent

Leslie Eason

Keller Williams High Country

Keller Williams High Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,546

Year Built

  • Built in 2004

Lot Details

  • 20.06 Acre Lot
  • Wooded Lot
  • Zoning described as Deed Restrictions

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Shake Siding
  • Stucco Exterior
  • Stone

Interior Spaces

  • 2 Fireplaces
  • Double Pane Windows
  • Mountain Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Gravel Driveway
  • Shared Driveway

Schools

  • Parkway Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Radiant Heating System
  • Hot Water Heating System
  • Private Water Source
  • Well
  • Gas Water Heater
  • Private Sewer

Additional Features

  • Covered Patio or Porch
  • Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2839136958000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,546

Year Built

Built in 2004

Lot Details

20.06 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 20.06
  • Above Grade Finished Sq Ft: 4979.0
  • Architectural Style: French Provincial
  • Garage Yn: No
  • Year Built: 2004
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Refrigerator, Washer
  • Has Basement: Full, Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2237.0
  • Fireplace Features: Two
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 7216.0
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Wooded
  • View: Long Range
  • View: Yes
  • Home Warranty: No
  • Construction Type: Shake Siding, Stone, Stucco
  • Foundation Details: Basement
  • Other Structures: Guest House
  • Patio And Porch Features: Covered, Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Gravel, No Garage, Shared Driveway

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Heating: Electric, Forced Air, Gas, Hot Water, Radiant, Wood
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Parkway

Lot Info

  • Parcel #: 2839136958000
  • Zoning Description: Deed Restrictions

Tax Info

  • Tax Annual Amount: 4546.46
  • Tax Book Number: 1584/797

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2014
Closed on
Jan 7, 2015
Sold by
Bundschuh Richard E and Bundschuh Danielle
Bought by
Catoe Peter T and Catoe Kimberly E
Seller's Agent
Margo Lenmark
Howard Hanna Allen Tate Realtors Boone
Buyer's Agent
Leslie Eason
Keller Williams High Country
List Price
$1,070,000
Sold Price
$1,070,000
Current Estimated Value
$3,086,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,016,163
Avg. Annual Appreciation
10.02%
Original Mortgage
$417,000
Outstanding Balance
$141,707
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$2,944,456

Purchase Details

Closed on
Jul 14, 2011
Sold by
Grosswald Ralph and Grosswald Debra
Bought by
Bundschuh Richard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$926,500
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Catoe Peter T $1,070,000 None Available
Bundschuh Richard E $1,479,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Catoe Peter T $417,000
Previous Owner Bundschuh Richard E $926,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2015 01/16/15 Sold $1,070,000 0.0% $148 / Sq Ft
12/17/2014 12/17/14 Pending -- -- --
04/08/2014 04/08/14 For Sale $1,070,000 -- $148 / Sq Ft
Source: High Country Association of REALTORS®

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 $9,730 $2,498,800 $319,500 $2,179,300
2024 $97 $2,546,800 $319,500 $2,227,300
2023 $9,707 $2,546,800 $319,500 $2,227,300
2022 $9,707 $2,546,800 $319,500 $2,227,300
2021 $0 $1,321,700 $152,100 $1,169,600
2020 $6,199 $1,321,700 $152,100 $1,169,600
2019 $6,199 $1,321,700 $152,100 $1,169,600
2018 $5,539 $1,321,700 $152,100 $1,169,600
2017 $4,878 $1,211,700 $152,100 $1,059,600
2013 -- $162,864 $152,100 $10,764
Source: Public Records

Agents Affiliated with this Home

  • Margo Lenmark

    Seller's Agent in 2015

    Margo Lenmark

    Howard Hanna Allen Tate Realtors Boone

    (828) 260-0873

    39 in this area

    134 Total Sales

    Margo Lenmark
    Section Image
  • Leslie Eason

    Buyer's Agent in 2015

    Leslie Eason

    Keller Williams High Country

    (828) 406-0828

    47 in this area

    160 Total Sales

    Leslie Eason
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 184032

High Country Association of REALTORS®

APN: 2839-13-6958-000

North Carolina Watauga County Boone 28607

500 Manor Ridge, Boone, NC

Not Listed for Sale

Detached

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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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