NOT LISTED FOR SALE

531 Chestnut Dr Blowing Rock, NC 28605

Estimated Value: $1,223,183 - $1,362,000

3 Beds
3 Baths
2,863 Sq Ft
$451/Sq Ft Est. Value

Last Sold August 29, 2018

Last sale price $740,000 $258 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $7,098/month

47 Days on Market

Highlights

  • Mountain View
  • Attic
  • No HOA
  • Blowing Rock Elementary School Rated A
  • 2 Fireplaces
  • Covered Patio or Porch

About This Home

As of August 2018

Serenity Cottage, a tastefully renovated, three bedroom w/ 4th sleeping room, three bath home, located at 531 Chestnut Drive, is now available to the discerning Buyer with "walk to Main Street convenience," a beautifully landscaped yard & mountain view. This property was completely remodeled in 2012-2013 to include all NEW plumbing, electrical wiring, exterior stone/low maintenance fiber-cement siding, cedar window & door trim w/bark accents, windows, doors, 3-zone heat/air system and whole house humidification system. Asian gate & custom gardens lead to a private, level entrance. Open kitchen, dining, and living area w/handsome gas stone fireplace, lovely hardwood floors, Chef's stainless & granite kitchen w/double wall ovens, kitchen island, wine chiller & induction cooktop. Vaulted, timber frame covered porch is 450 sq. ft & allows for expansive indoor/outdoor entertaining. Master en-suite has tiled double shower & granite double vanity. A 2nd en-suite bedroom w/full bath, & washer & dryer are also on the main floor. Lower guest level has a large family room with stone gas fireplace, bar/small kitchen area, guest bedroom, 4th sleeping room, office, butler's pantry & full bath.

Last Agent to Sell the Property

Patti Turner

Premier Sotheby's Int'l Realty Listed on: 06/12/2018

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Linda K. Robinson

Premier Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,637

Year Built

  • Built in 1980

Lot Details

  • 0.29 Acre Lot
  • Zoning described as City

Parking

  • 1 Car Garage
  • Private Parking
  • Driveway

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Stone Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Mountain Views
  • Finished Basement
  • Exterior Basement Entry
  • Attic

Kitchen

  • Double Oven
  • Induction Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Blowing Rock Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Hot Water Heating System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Long Term Rental Allowed
  • Tax Lot Lot 1
  • Assessor Parcel Number 2807-95-6842-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,637

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1424.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1980
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Double Oven, Dryer, Dishwasher, Electric Water Heater, Freezer, Induction Cooktop, Microwave, Other, Refrigerator, See Remarks, Washer
  • Has Basement: Exterior Entry, Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1439.0
  • Fireplace Features: Two, Gas, Stone, Vented
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Attic
  • Living Area: 2863.0
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior Features

  • View: Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Fiber Cement, Frame, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Driveway, Garage, One Car Garage, Other, Paved, Private, See Remarks

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Gas, Hot Water, 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: Long Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Blowing Rock

Lot Info

  • Parcel #: 2807-95-6842-000
  • Zoning Description: City
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2637.0
  • Tax Book Number: 1646/199
  • Tax Lot: Lot 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2018
Closed on
Aug 29, 2018
Sold by
Veale Thomas L and Kling Robert A
Bought by
Whitfield Britt Thomas and Whitfield Lisa Robinson
Seller's Agent
Patti Turner
Premier Sotheby's Int'l Realty
Buyer's Agent
Linda K. Robinson
Premier Sotheby's Int'l Realty
List Price
$740,000
Sold Price
$740,000
Current Estimated Value
$1,292,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$552,296
Avg. Annual Appreciation
7.81%
Original Mortgage
$565,000
Outstanding Balance
$488,630
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$803,666

Purchase Details

Listed on
May 28, 2012
Closed on
Jul 25, 2012
Sold by
Hardage William Frank
Bought by
Veale Thomas L and Kling Robert A
Seller's Agent
Carol Knapp
Blowing Rock Properties, Inc
Buyer's Agent
Carol Knapp
Blowing Rock Properties, Inc
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.54%
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
Whitfield Britt Thomas $740,000 None Available
Veale Thomas L $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitfield Britt Thomas $565,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2018 08/29/18 Sold $740,000 0.0% $258 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
06/12/2018 06/12/18 For Sale $740,000 +196.0% $258 / Sq Ft
07/31/2012 07/31/12 Sold $250,000 0.0% $169 / Sq Ft View Prior Sale
07/01/2012 07/01/12 Pending -- -- --
05/28/2012 05/28/12 For Sale $250,000 -- $169 / 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 $4,486 $610,500 $121,200 $489,300
2024 $45 $610,500 $121,200 $489,300
2023 $4,280 $610,500 $121,200 $489,300
2022 $4,280 $610,500 $121,200 $489,300
2021 $3,437 $403,000 $121,200 $281,800
2020 $3,276 $403,000 $121,200 $281,800
2019 $3,276 $403,000 $121,200 $281,800
2018 $2,637 $353,700 $121,200 $232,500
2017 $2,637 $353,700 $121,200 $232,500
2013 -- $313,300 $101,000 $212,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 208176

High Country Association of REALTORS®

APN: 2807-95-6842-000