NOT LISTED FOR SALE

5085 Boone Trail Millers Creek, NC 28651

Estimated Value: $122,930

-- Bed
-- Bath
-- Sq Ft
7,841 Sq Ft Lot

Last Sold March 11, 2024

Last sale price $115,000

Est. 7% increase in value since last sale

Current estimated payment $760/month

250 Days on Market

About This Home

As of March 2024

Income Producing property consisting of a large commercial building which is currently rented on a month-to-month to Randy's Produce. Excellent opportunity to grow your investment portfolio!

Last Agent to Sell the Property

Mike Martinez

North Carolina Mountain Investments, LLC License #256503 Listed on: 06/16/2023

Last Buyer's Agent

NONMEMBER NONMEMBER

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,101

Year Built

  • Built in 1935

Lot Details

  • Property is zoned CO

Community Details

  • No Home Owners Association
  • 3,323 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 1500837

Property Details

Property Type

Other

Est. Annual Taxes

$1,101

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Remarks
  • Prop. Type: Commercial
  • Business Type: Investment, Retail
  • Directions: On Boone Trail in Millers Creek, See sign.
  • Year Built: 1935
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • Special Features: None

Utilities

  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 1500837
  • Zoning: CO
  • TRIADMLS_DeedPage: 180
  • TRIADMLS_DeedBook: 590
  • TRIADMLS_AcresRange: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Mar 11, 2024
Sold by
Speaks Falon Church and Clayton Tyler
Bought by
Grubb Jeffrey N and Grubb Pamela J
Seller's Agent
Mike Martinez
North Carolina Mountain Investments, LLC
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$398,000
Sold Price
$115,000
Premium/Discount to List
-$283,000
-71.11%
Views
346
Current Estimated Value
$122,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,930
Avg. Annual Appreciation
0.40%
Original Mortgage
$105,000
Outstanding Balance
$103,770
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$11,915

Purchase Details

Closed on
Aug 17, 2023
Sold by
Shepherd Suann C
Bought by
Falon Church Speaks
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
Grubb Jeffrey N $115,000 None Listed On Document
Falon Church Speaks -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grubb Jeffrey N $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2024 03/11/24 Sold $115,000 -21.5% --
02/22/2024 02/22/24 Pending -- -- --
01/18/2024 01/18/24 Price Changed $146,500 -1.0% --
07/26/2023 07/26/23 Price Changed $148,000 -62.8% --
06/16/2023 06/16/23 For Sale $398,000 -- --
Source: Triad MLS

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 $1,101 $72,410 $20,650 $51,760
2023 $542 $72,410 $20,650 $51,760
2022 $542 $72,410 $20,650 $51,760
2021 $542 $72,410 $20,650 $51,760
2020 $536 $72,410 $20,650 $51,760
2019 $52,866 $72,420 $20,650 $51,770
2018 $528 $71,320 $0 $0
2017 $528 $71,320 $0 $0
2016 $528 $71,320 $0 $0
2015 $542 $71,320 $0 $0
2014 $542 $71,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Martinez

    Seller's Agent in 2024

    Mike Martinez

    North Carolina Mountain Investments, LLC

    (305) 812-6453

    284 Total Sales

    Mike Martinez
    Section Image

  • N

    Buyer's Agent in 2024

    NONMEMBER NONMEMBER

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Map

Source: Triad MLS

MLS Number: 1107735

Triad MLS

APN: 1500837

North Carolina Wilkes County Millers Creek 28651

5085 Boone Trail, Millers Creek, NC

This home is located at 5085 Boone Trail, Millers Creek, NC 28651 since 16 June 2023 and is currently estimated at $122,930. This property was built in 1935. 5085 Boone Trail is a home located in Wilkes County with nearby schools including Millers Creek Elementary School, West Wilkes Middle School, and West Wilkes High School.

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