NOT LISTED FOR SALE

607 Mountain Ave West Jefferson, NC 28694

Estimated Value: $469,063 - $497,000

-- Bed
-- Bath
-- Sq Ft
0.5 Acres

Last Sold May 21, 2014

Last sale price $235,000

Est. 106% increase in value since last sale

Current estimated payment $2,761/month

130 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Wood Siding
  • Attic

About This Home

As of May 2014

Excellent investment opportunity. Well maintained 5 unit apartment building in city limits of West Jefferson. Single level living, plenty of parking, convenient to shopping, dining and work. All apartments are 2 bedroom, 1.5 baths. Each apartment is approximately 900 sq. ft. West Jefferson water and sewer. Apartments are separated into 2 buildings. All have been well maintained and have good rental history. All are currently rented. Separate utility meters for each apartment. Great price, great apartments, great investment. Each unit has a refrigerator with ice maker, stove and a dishwasher.

Last Buyer's Agent

Chris Barr

Realty One Group Results

Realty One Group Results

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,154

Year Built

  • Built in 1992

Lot Details

  • 0.5 Acre Lot

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • Double Hung Windows
  • Crawl Space
  • Attic

Schools

  • Ashe Elementary School

Utilities

  • Separate Meters
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 19223-001-169

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,154

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.5
  • Road Surface Type: Paved
  • Architectural Style: Contemporary, Traditional
  • Structure Type: Apartment
  • Year Built: 1992
  • Property Sub Type Additional: Apartment,Multi Family
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Door Features: Screen Door(s)
  • Interior Amenities: Attic
  • Window Features: Double Hung

Exterior Features

  • Construction Type: Vinyl Siding, Wood Siding
  • Exterior Features: Other, See Remarks
  • Roof: Asphalt, Shingle

Utilities

  • Sewer: Public Sewer
  • Utilities: Separate Meters, Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Ashe

Lot Info

  • Parcel #: 19223-001-169
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 5

Tax Info

  • Tax Annual Amount: 2154.0
  • Tax Book Number: 257/0857

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2023
Sold by
Miller Susan R
Bought by
High Country Rentals Llc
Current Estimated Value
$483,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,538
Outstanding Balance
$178,664
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$303,326

Purchase Details

Closed on
Nov 8, 2022
Sold by
Calloway Investments Profit Sharing Plan
Bought by
Miller Susan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2021
Sold by
Furches Robert D and Furches Investments Profit Sha
Bought by
Calloway Jon and Calloway Investments Profit Sh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,900
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 12, 2013
Closed on
Jun 13, 2014
Sold by
Calloway Properties Llc
Bought by
Furches Investments Profit Sharing Plan
Buyer's Agent
Chris Barr
Realty One Group Results
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%
Original Mortgage
$188,000
Interest Rate
4.37%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 12, 2013
Closed on
May 21, 2014
Sold by
Hershner Gregory S and Hershner Jan C
Bought by
Calloway Properties Llc
Buyer's Agent
Chris Barr
Realty One Group Results
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
4.37%
Mortgage Type
Commercial
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
High Country Rentals Llc $450,000 None Listed On Document
High Country Rentals Llc $450,000 None Listed On Document
Miller Susan R $375,000 --
Calloway Jon $310,000 None Available
Furches Investments Profit Sharing Plan $262,500 None Available
Calloway Properties Llc $235,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open High Country Rentals Llc $187,538
Closed High Country Rentals Llc $187,538
Previous Owner Miller Susan R $275,000
Previous Owner Calloway Jon $170,900
Previous Owner Calloway Properties Llc $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2014 05/21/14 Sold $235,000 0.0% --
04/21/2014 04/21/14 Pending -- -- --
12/12/2013 12/12/13 For Sale $235,000 -- --
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
2025 $1,606 $365,100 $30,000 $335,100
2024 $1,606 $365,100 $30,000 $335,100
2023 $1,606 $365,100 $30,000 $335,100
2022 $2,129 $270,400 $15,000 $255,400
2021 $2,129 $270,400 $15,000 $255,400
2020 $3,084 $270,400 $15,000 $255,400
2019 $3,045 $270,400 $15,000 $255,400
2018 $1,748 $256,000 $15,000 $241,000
2016 $1,758 $256,000 $15,000 $241,000
2015 $1,665 $256,000 $15,000 $241,000
2014 $1,665 $253,700 $15,000 $238,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 182496

High Country Association of REALTORS®

APN: 19223-001-169