$395,000
SOLD NOV 15, 2024

606 Nc Highway 105 Bypass Boone, NC 28607

4 Beds
4 Baths
1,552 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$255 Per Sq Ft

12% Below List Price

35 Days on Market

Highlights

  • Second Kitchen
  • Pasture Views
  • Open Patio
  • Watauga High School Rated A-
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of November 2024

Best student rental property in town! Seller represents he believes he can obtain $950, $850, $800 and $750 per month per room upstairs and currently rents entire lower level for $1000 per month. If seller's upstairs projections are correct, it would amount to an annual income of $52,200 which would translate to a 13+% CAP RATE! Entire home has been updated with high-end bathrooms. Plenty of room for parking, large back deck and nice yard wraps entire property. High end ceramic tile and bath fixtures. One-level living on main walk-in level including three beds and full baths. Bonus is downstairs has been beautifully renovated with just about as much space and more upscale improvements. Cannot count because ceiling height is below 7' but appears it could also be rentable bedrooms or separate level. Great opportunity for anyone looking for easy access to ASU and plenty of space for lots of people. See to believe. Buyer and buyer's agent are reponsible for their own financial due diligence and cap rate analysis and listing agency makes no representation about current or future income performance.

Last Agent to Sell the Property

Bob De Camara

Boone Real Estate Brokerage Phone: 828-265-1021 Listed on: 08/19/2024

Last Buyer's Agent

Madison Doble

Keller Williams High Country

Keller Williams High Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,515

Year Built

  • Built in 1963

Home Design

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

Interior Spaces

  • 1,552 Sq Ft Home
  • 2-Story Property
  • Pasture Views
  • Laundry on main level
  • Finished Basement

Kitchen

  • Second Kitchen
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • No Garage
  • Driveway

Schools

  • Hardin Park Elementary School
  • Watauga High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Heat Pump System
  • Private Water Source
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Open Patio
  • 7,405 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1991-81-0035-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,515

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1552.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1963
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 828-265-1021
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Second Kitchen
  • Living Area: 1552.0
  • Stories: 2

Exterior Features

  • View: Pasture
  • View: Yes
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Basement
  • Patio And Porch Features: Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Asphalt, Driveway, No Garage

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Heat Pump, Oil
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Private

Condo/Co-op/Association

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

Schools

  • Elementary School: Hardin Park
  • High School: Watauga

Lot Info

  • Parcel #: 1991-81-0035-000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1515.0
  • Tax Book Number: 2384/539

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2024
Closed on
Nov 6, 2024
Sold by
Magic Willow Llc
Bought by
Bluemont Capital Partners Llc
Seller's Agent
Bob De Camara
Boone Real Estate
Buyer's Agent
Madison Doble
Keller Williams High Country
List Price
$450,000
Sold Price
$395,000
Premium/Discount to List
-$55,000
-12.22%
Views
66
Current Estimated Value
$399,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,677
Avg. Annual Appreciation
1.32%
Original Mortgage
$315,000
Interest Rate
6.12%
Mortgage Type
Construction

Purchase Details

Closed on
May 20, 2024
Sold by
Cook Aaron and Cook Carol Jean
Bought by
Magic Willow Llc
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $395,000 None Listed On Document
Warranty Deed $320,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $315,000 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2024 11/15/24 Sold $395,000 -1.2% $255 / Sq Ft
09/23/2024 09/23/24 Pending -- -- --
09/03/2024 09/03/24 Price Changed $399,900 -4.8% $258 / Sq Ft
08/26/2024 08/26/24 Price Changed $419,900 -6.7% $271 / Sq Ft
08/19/2024 08/19/24 For Sale $450,000 -- $290 / 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 $669 $149,900 $13,800 $136,100
2023 $647 $149,900 $13,800 $136,100
2022 $647 $149,900 $13,800 $136,100
2021 $749 $144,400 $13,800 $130,600
2020 $749 $144,400 $13,800 $130,600
2019 $749 $144,400 $13,800 $130,600
2018 $676 $144,400 $13,800 $130,600
2017 $676 $144,400 $13,800 $130,600
2013 -- $162,300 $13,800 $148,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 251570

High Country Association of REALTORS®

APN: 1991-81-0035-000