Seller's Agent in 2023
Margo Lenmark
Allen Tate Realtors Boone
(828) 260-0873
1 in this area
153 Total Sales
505 Old Montezuma Rd Newland, NC 28657
Estimated Value: $586,000 - $756,987
3
Beds
1.5
Baths
2,646
Sq Ft
$259/Sq Ft
Est. Value
Highlights
- 15.2 Acre Lot
- No HOA
- 1 Car Garage
- Wood Burning Stove
- Forced Air Heating System
- 1-Story Property
About This Home
As of April 2023What a property! Large, spacious, very well-kept ranch home situated on 15.2 tranquil acres with views. Will make a great family home. Home offers one-level living with 3 beds, 1.5 baths, large kitchen with ample storage, a large basement with finished and unfinished areas, a 2-car detached garage with an apartment, and parking for up to 8 cars. The property consists of 3 parcels and offers beautiful rolling hills, a small pond and views. There is no zoning so you can build another home, create a country garden or playground, or do basically what you like. It's hard to find a property like this! It's a perfect setting to fulfill your dreams. Located in a quiet neighborhood just outside of the town of Newland, which is a well-sought-after area and the county seat. Newland Elementary School, Avery Middle School, and Avery County High School are located in Newland. Near to Pisgah National Forest, hiking trails, ski hills and Linville Falls. Convenient to Boone, Banner Elk and Blowing Rock. Make this beautiful home your mountain retreat!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,604
Year Built
- Built in 1969
Lot Details
- 15.2 Acre Lot
Parking
- 1 Car Garage
- Driveway
Home Design
- Brick Exterior Construction
- Wood Frame Construction
- Shingle Roof
- Asphalt Roof
Interior Spaces
- 1-Story Property
- Living Quarters
- Wood Burning Stove
- Basement Fills Entire Space Under The House
- Laundry on main level
Kitchen
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Schools
- Outside Of Area Elementary School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Propane
- Private Water Source
- Well
- Septic Tank
- Septic System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number See Agent Remarks
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 30, 2023
Closed on
Apr 18, 2023
Sold by
Fee Jerry Wayne
Bought by
Painter David and Painter Korie Lee
Seller's Agent
Margo Lenmark
Allen Tate Realtors Boone
Buyer's Agent
Margo Lenmark
Allen Tate Realtors Boone
List Price
$649,000
Sold Price
$575,000
Premium/Discount to List
-$74,000
-11.4%
Views
68
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,018
Avg. Annual Appreciation
4.65%
Original Mortgage
$575,000
Outstanding Balance
$562,653
Interest Rate
6.65%
Mortgage Type
VA
Estimated Equity
$76,616
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Painter David | $575,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Painter David | $575,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2023 04/18/23 | Sold | $575,000 | -11.4% | $217 / Sq Ft |
| 01/30/2023 01/30/23 | For Sale | $649,000 | -- | $245 / Sq Ft |
Source: High Country Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $2,214 | $553,500 | $87,100 | $466,400 |
| 2022 | $2,214 | $553,500 | $87,100 | $466,400 |
| 2021 | $1,779 | $323,500 | $44,800 | $278,700 |
| 2020 | $1,779 | $323,500 | $44,800 | $278,700 |
| 2019 | $1,779 | $323,500 | $44,800 | $278,700 |
| 2018 | $1,779 | $323,500 | $44,800 | $278,700 |
| 2017 | $1,846 | $335,600 | $0 | $0 |
| 2016 | $1,501 | $335,600 | $0 | $0 |
| 2015 | $1,501 | $335,600 | $44,800 | $290,800 |
| 2012 | -- | $380,200 | $49,500 | $330,700 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: High Country Association of REALTORS®
MLS Number: 241481
APN: 1835-02-96-4021-00000
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.
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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