NOT LISTED FOR SALE

565 George Wilson Rd Boone, NC 28607

Estimated Value: $651,995

1.9 Acres
$343,155 Price per Acre
82,764 Sq Ft Lot

Last Sold January 31, 2025

Last sale price $610,000 $93 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,589/month

239 Days on Market

Highlights

  • Guest House
  • 1.9 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • Hardin Park Elementary School Rated A
  • No HOA
  • Baseboard Heating

About This Lot

As of January 2025

Commercial building offering over 6300sq.ft. on 1.90 acres with approximately 170 feet of state maintained paved road frontage with easy access to Hwy 421 and Hwy 105. Current lease in place until 2029 so this property is ideal for investors looking for absentee ownership opportunities with an estimated cap rate of around 8%. Property has been used successfully for many years as a daycare/pre-school with 8 classrooms on the main level along with a full kitchen, office, bathroom, storage and utility room. Most classrooms offer a combination of sink and/or toilet in the classroom. Second level of building offers over 1900sqft. currently divided into 2 separate suites. Suite 1 is set up as a 2BR/1BA unit with full kitchen and living area and Suite 2 is currently being used as storage but could be converted into a similar 2BR/1BA unit. Adequate paved parking is available around building. Located less than 3 miles from AppState and downtown Boone!

Last Agent to Sell the Property

Jason Eldreth

A PLUS Realty Brokerage Phone: 828-297-1000 Listed on: 06/05/2024

Last Buyer's Agent

Amy Labarre

Elevate Land & Realty Banner Elk

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,295

Year Built

  • Built in 1985

Lot Details

  • 1.9 Acre Lot
  • Zoning described as Business/Comm

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 6,550 Sq Ft Home
  • 2-Story Property
  • Living Quarters

Parking

  • Parking Available
  • Paved Parking
  • Parking Lot

Additional Homes

  • Guest House

Schools

  • Hardin Park Elementary School
  • Watauga High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Private Restrooms

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 1991-90-6168-000

Property Details

Property Type

Land

Est. Annual Taxes

$4,295

Year Built

Built in 1985

Lot Details

1.9 Acres

Listing Details

  • Property Sub Type: Building/Land
  • Prop. Type: Commercial Sale
  • Lot Size Acres: 1.9
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1985
  • Attribution Contact: 828-297-1000
  • Above Grade Unfinished Sq Ft: 190.0
  • Special Features: None
  • Stories: 2

Interior Features

  • Stories: 2

Exterior Features

  • Construction Type: Vinyl Siding, Wood Frame
  • Exterior Features: Other, See Remarks
  • Other Structures: Guest House, Living Quarters
  • Roof: Asphalt, Shingle

Garage/Parking

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

Utilities

  • Green Building Features: Private Restrooms
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Hot Water
  • Heating Yn: Yes
  • Sewer: Private 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: Hardin Park
  • High School: Watauga

Lot Info

  • Parcel #: 1991-90-6168-000
  • Zoning Description: Business/Comm
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4295.0
  • Tax Book Number: 2271/470

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Jan 31, 2025
Sold by
Joanne Waters Living Trust and Waters Gary Wayne
Bought by
Gh Winkler Family Limited Partnership
Seller's Agent
Jason Eldreth
A PLUS Realty
Buyer's Agent
Amy Labarre
Elevate Land & Realty Banner Elk
List Price
$750,000
Sold Price
$610,000
Premium/Discount to List
-$140,000
-18.67%
Views
27
Current Estimated Value
$651,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,995
Avg. Annual Appreciation
6.07%

Purchase Details

Closed on
May 3, 2022
Sold by
Joanne Waters Living Trust
Bought by
Joanne Waters Living Trust
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
Gh Winkler Family Limited Partnership $610,000 None Listed On Document
Gh Winkler Family Limited Partnership $610,000 None Listed On Document
Joanne Waters Living Trust -- Deal Moseley & Smith Llp
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2025 01/31/25 Sold $610,000 -11.6% $93 / Sq Ft
08/08/2024 08/08/24 Price Changed $690,000 -8.0% $105 / Sq Ft
06/05/2024 06/05/24 For Sale $750,000 -- $115 / 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 $2,359 $604,990 $265,500 $339,490
2024 $2,359 $604,990 $265,500 $339,490
2023 $6,087 $604,990 $265,500 $339,490
2022 $6,087 $578,690 $239,200 $339,490
2021 $0 $430,100 $217,500 $212,600
2020 $3,577 $430,100 $217,500 $212,600
2019 $3,577 $430,100 $217,500 $212,600
2018 $3,362 $430,100 $217,500 $212,600
2017 $3,362 $430,100 $217,500 $212,600
2013 -- $442,800 $177,500 $265,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 250020

High Country Association of REALTORS®

APN: 1991-90-6168-000

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