NOT LISTED FOR SALE

740 Beech Mountain Pkwy Beech Mountain, NC 28604

31 Beds
17 Baths
11,812 Sq Ft
1.92 Acres

Last Sold September 16, 2019

Last sale price $940,000 $80 Per Sq Ft

5 Days on Market

Highlights

  • Ranch Style House
  • Banner Elk Elementary School Rated A-
  • Tile Flooring

About This Home

As of September 2019

PINE HAVEN APARTMENT BUILDINGS: Rare Investment Income producing Multi Family Apartment buildings in growing Banner Elk. Building 1: 3 x one bedrooms above, 2 x 2 bedroom below (5 units). Building 2: 2 x 1 bedrooms ( 12 units). One of the building was completely rebuilt with new electricity, new plumbing, new roof, new flooring etc. There is a coin laundromat on site with leased washers/dryers of which owner receives a percentage with no maintenance costs. Well on property services buildings, public sewer. All tile floors 12 units are 550 sqft (rents $500-$800); 2 units are 650 sqft ($600-$675) , 3 units are 435 sqft ($575-$600). Monthly Gross rent $10,000. With the increased demands for vacation rentals airbnb and vrbo the potential is limitless to the investor!
Elite Mountain & Triangle Properties does not hold escrow monies, please deliver to escrow/closing attorney and copy office via email.

Last Agent to Sell the Property

Shanaaz Eisenberg

Elite Mountain & Triangle Properties License #165723 Listed on: 06/22/2019

Last Buyer's Agent

Rob Mould

RE/MAX Southern Lifestyles License #231097

RE/MAX Southern Lifestyles

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 1.92

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Additional Features

  • Tile Flooring
  • 17 Full Bathrooms

Listing and Financial Details

  • Tenant pays for all utilities, cable, electric heat, water
  • Rent includes exterior maintenance, garbage pick-up, management fee
  • Assessor Parcel Number 1859-17-12-4178-00000

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Apartments
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.98947
  • Ratio Close Price By Original Li: 0.98947
  • Ratio Current Price By Acre: 489583.33
  • Ratio Current Price By Sq Ft: 79.58
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 17
  • Total Bedrooms: 31
  • Equipment: CO Detector, Electric Range, Electric Oven
  • Flooring: Tile
  • Laundry Location: Main
  • Sq Ft Basement: 2604
  • Total Sq Ft: 11812

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating: Electric Baseboard Heat
  • Sewer: City Sewer
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Size Area: 1.920
  • Parcel Number: 1859-17-12-4178-00000
  • Zoning Specification: R2

Rental Info

  • Rent Includes: Exterior Maintenance, Garbage Pick-up, Management Fee
  • Tenant Pays: All Utilities, Cable, Electric Heat, Water

Tax Info

  • Tax Value: 520100.00
  • Tax Location: Avery

Multi Family

  • Number Of Units Total: 17

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2019 09/16/19 Sold $940,000 -1.1% $80 / Sq Ft
06/27/2019 06/27/19 Pending -- -- --
06/22/2019 06/22/19 For Sale $950,000 -- $80 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3521956

Canopy MLS (Canopy Realtor® Association)