NOT LISTED FOR SALE

721 New Homestead Dr Vilas, NC 28692

Estimated Value: $1,045,000 - $1,190,000

3 Beds
3.5 Baths
4,944 Sq Ft
$220/Sq Ft Est. Value

Last Sold June 16, 2022

Last sale price $825,000 $167 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $6,288/month

49 Days on Market

Highlights

  • Mountain View
  • Cathedral Ceiling
  • Attic
  • Valle Crucis Elementary School Rated A-
  • Traditional Architecture
  • Covered Patio or Porch

About This Home

As of June 2022

Perched up near the top of the gorgeous community of The Homestead at 3222 feet of elevation sits this wonderfully spacious two-story with incredible finished basement. With no short-term vacation rentals allowed, The Homestead is manicured, polished and upscale, with well-maintained paved roads and incredible long-range views. This home has a southwest exposure, and afternoon sun comes pouring in through giant oversized picture windows. Only minutes from Boone, this quiet and peaceful space has everything you will need including a first-floor master suite, two large bedrooms with a shared bath, and an office open to the large great space below. The finished basement includes a giant bonus room, exercise room, ample storage, and a room perfectly suited to be a 4th bedroom with full bath. Choose your spot on the full-sun upper deck off the first level or the cooler and shaded lower deck off the basement. Both have ample room for seating and dining and relaxing. Whether your part-time second home or a work-from-paradise primary home, you'll be surrounded by wonderful restaurants, galleries, skiing, and hiking. 7 miles to downtown Boone and Appalachian State University.

Last Agent to Sell the Property

David Worters

Compass Real Estate Listed on: 04/27/2022

Compass Real Estate

Last Buyer's Agent

David Cook

A PLUS Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,972

Year Built

  • Built in 2002

Lot Details

  • 1.42 Acre Lot
  • Property fronts a private road
  • Southern Exposure

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Radon Mitigation System
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Casement Windows
  • Mountain Views
  • Attic
  • Partially Finished Basement

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Shared Well
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • The Homestead Subdivision

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 1980-58-9458-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,972

Year Built

Built in 2002

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.42
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: The Homestead
  • Above Grade Finished Sq Ft: 3505.0
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2002
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Built-In Oven, Dryer, Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator
  • Has Basement: Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1439.0
  • Fireplace Features: Gas, Vented, Propane
  • Fireplace: Yes
  • Interior Amenities: Attic, Cathedral Ceiling(s), Vaulted Ceiling(s)
  • Living Area: 4944.0
  • Stories: 2
  • Window Features: Casement Window(s), Double Pane Windows

Exterior Features

  • View: Long Range, Mountain(s), Southern Exposure
  • View: Yes
  • Home Warranty: No
  • Construction Type: Fiber Cement, Hardboard, Wood Frame
  • Exterior Features: Gravel Driveway
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Detached, Garage, Two Car Garage, Gravel, Private

Utilities

  • Laundry Features: Main Level
  • Security: Radon Mitigation System
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Propane
  • Heating Yn: Yes
  • Sewer: Connected, Septic Tank
  • Utilities: Cable Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed
  • Association Fee: 1000.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1980-58-9458-000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2972.0
  • Tax Book Number: 1452/225

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jun 13, 2022
Sold by
Baxter Robert H and Baxter Rosanne C
Bought by
Windmueller Laura and Windmueller Armin
Seller's Agent
David Worters
Compass Real Estate
Buyer's Agent
David Cook
A PLUS Realty
List Price
$899,000
Sold Price
$825,000
Premium/Discount to List
-$74,000
-8.23%
Current Estimated Value
$1,090,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,072
Avg. Annual Appreciation
11.25%
Original Mortgage
$660,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2009
Sold by
Craig Kenneth M and Craig Niki W
Bought by
Baxter Robert H and Baxter Rosanne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
4.77%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Windmueller Laura $825,000 Angle Robert B
Baxter Robert H $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Windmueller Laura $470,000
Closed Windmueller Laura $660,000
Previous Owner Baxter Robert H $332,000
Previous Owner Baxter Robert H $560,000
Previous Owner Craig Kenneth M $500,000
Previous Owner Craig Kenneth M $100,000
Previous Owner Craig Kenneth M $450,000
Previous Owner Craig Kenneth M $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $825,000 -8.2% $167 / Sq Ft
04/27/2022 04/27/22 For Sale $899,000 -- $182 / 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 $3,326 $920,900 $70,500 $850,400
2023 $3,469 $920,900 $70,500 $850,400
2022 $3,469 $920,900 $70,500 $850,400
2021 $2,972 $638,400 $70,200 $568,200
2020 $2,972 $638,400 $70,200 $568,200
2019 $2,972 $638,400 $70,200 $568,200
2018 $2,653 $638,400 $70,200 $568,200
2017 $2,653 $638,400 $70,200 $568,200
2013 -- $630,100 $70,200 $559,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 237100

High Country Association of REALTORS®

APN: 1980-58-9458-000