NOT LISTED FOR SALE

5014 Nc Highway 105 S Vilas, NC 28692

Estimated Value: $480,260

2.13 Acres
$225,474 Price per Acre
92,783 Sq Ft Lot

Last Sold January 24, 2024

Last sale price $450,000 $137 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,673/month

410 Days on Market

Highlights

  • Guest House
  • 2.13 Acre Lot
  • Home Security System
  • Valle Crucis Elementary School Rated A-
  • No HOA
  • Forced Air Heating and Cooling System

About This Lot

As of January 2024

1903 commercial building on 2.1 acres w/ frontage on Hwy 105 and on Laurel Creek. The Sherwood General Store was moved to/renovated at its current location. Step back in time in this 'last-of-its-kind' store over 100 yrs old. Put a couple of rocking chairs & invite customers to stay awhile. They'll enjoy a peaceful stream on open grassy fields while watching fly fishers catch an abundance of trout. Inside the hardwood floors creek with stories of the good ‘ol days. The old counters and shelves are among many original features that await you. Bring back the convenience of living where you work just as the original owners did. What an opportunity to own a piece of Watauga History, continuing the tradition of this old store once again. Building has 3 sections: office space, warehouse, & living. Building has a back porch with a fenced yard, a ramp, storage, and separate electric zones. Could be used for offices, apts (or combination), art gallery, dance, art, or yoga studio, pet daycare/groomer, landscaping, a consignment store, a sports outfitter, manufacturing, daycare, a restaurant, or a brewery w/ proper permits. PROPERTY SOLD AS-IS. Porch furniture is staged, does not convey.

Last Agent to Sell the Property

Margo Lenmark

Allen Tate Realtors Boone Brokerage Phone: 828-278-8337 Listed on: 11/29/2022

Allen Tate Realtors Boone

Last Buyer's Agent

Mike Roberts

Fathom Realty NC LLC

Fathom Realty NC LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $927

Year Built

  • Built in 1907

Lot Details

  • 2.13 Acre Lot
  • Zoning described as Other-See Remarks

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3,287 Sq Ft Home
  • 1-Story Property
  • Home Security System

Parking

  • Parking Available
  • Paved Parking
  • Parking Lot

Additional Homes

  • Guest House

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Well
  • Private Sewer
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1990-23-6684-000

Property Details

Property Type

Land

Est. Annual Taxes

$927

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Sub Type: Building/Land
  • Prop. Type: Commercial Sale
  • Lot Size Acres: 2.13
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1907
  • Attribution Contact: 828-278-8337
  • Special Features: None
  • Stories: 1

Interior Features

  • Stories: 1

Exterior Features

  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Other, See Remarks
  • Other Structures: Guest House
  • Roof: Metal

Garage/Parking

  • Parking Features: Paved, Parking Lot, Parking Space(s)

Utilities

  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: Private Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1990-23-6684-000
  • Zoning Description: Other-See Remarks
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 926.84
  • Tax Book Number: 281/884

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2022
Closed on
Jan 16, 2024
Sold by
Muncy Philip B and Muncy Pamela Ann
Bought by
3R Property Holdings Llc
Seller's Agent
Margo Lenmark
Allen Tate Realtors Boone
Buyer's Agent
Mike Roberts
Fathom Realty NC LLC
List Price
$529,000
Sold Price
$450,000
Premium/Discount to List
-$79,000
-14.93%
Views
153
Current Estimated Value
$480,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,260
Avg. Annual Appreciation
4.07%
Original Mortgage
$403,750
Outstanding Balance
$397,058
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
$83,202
Source: Public Records

Range of Values:

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Average Value
Not Available
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
3R Property Holdings Llc $450,000 None Listed On Document
3R Property Holdings Llc $450,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3R Property Holdings Llc $403,750
Closed 3R Property Holdings Llc $403,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2024 01/24/24 Sold $450,000 -9.8% $137 / Sq Ft
01/14/2024 01/14/24 Pending -- -- --
08/23/2023 08/23/23 Price Changed $499,000 -5.7% $152 / Sq Ft
11/29/2022 11/29/22 For Sale $529,000 -- $161 / 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 $927 $251,860 $39,900 $211,960
2023 $927 $251,860 $39,900 $211,960
2022 $927 $251,860 $39,900 $211,960
2021 $1,259 $278,000 $155,000 $123,000
2020 $1,259 $278,000 $155,000 $123,000
2019 $1,259 $278,000 $155,000 $123,000
2018 $1,120 $278,000 $155,000 $123,000
2017 $1,120 $278,000 $155,000 $123,000
2013 -- $239,300 $116,300 $123,000
Source: Public Records

Agents Affiliated with this Home

  • Margo Lenmark

    Seller's Agent in 2024

    Margo Lenmark

    Allen Tate Realtors Boone

    (828) 260-0873

    9 in this area

    151 Total Sales

    Margo Lenmark
    Section Image
  • Mike Roberts

    Buyer's Agent in 2024

    Mike Roberts

    Fathom Realty NC LLC

    (704) 966-9823

    1 in this area

    82 Total Sales

    Mike Roberts
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 240522

High Country Association of REALTORS®

APN: 1990-23-6684-000

North Carolina Watauga County Vilas 28692

5014 Nc Highway 105 S, Vilas, NC

This home is located at 5014 Nc Highway 105 S, Vilas, NC 28692 since 29 November 2022 and is currently estimated at $480,260, approximately $146 per square foot. This property was built in 1907. 5014 Nc Highway 105 S is a home located in Watauga County with nearby schools including Valle Crucis 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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