NOT LISTED FOR SALE

740 Colbert Rd Vilas, NC 28692

Estimated Value: $475,000 - $556,338

2 Beds
2 Baths
1,288 Sq Ft
$404/Sq Ft Est. Value

Sale Details

Date Sold: March 1, 2019

Last sale price $245,000 $190 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,890 / mo

211 Days on Market

Highlights

  • 14.95 Acre Lot
  • Pasture Views
  • Wooded Lot
  • Watauga High School Rated A-
  • Chalet
  • No HOA

About This Home

As of March 2019

Captivating views and privacy are the main focus of this mountain top retreat! Lots of decking surround this home to enjoy the cool summer mornings while gazing out at the long range mountains. There is a 3/4 mile driveway to the home that meanders through the woods, which is a reminder of the peace and tranquility that awaits. Abundant wildlife and lots of room on the 14+ acres to enjoy your nature walks. Enjoy country living with the convenience of Boone and the many amenities that the High Country has to offer. There is an additional 5+ acres that adjoins the property available to purchase.

Last Agent to Sell the Property

Brett Baldwin

Blue Ridge Realty & Inv. Boone Listed on: 07/02/2018

Last Buyer's Agent

NONMLS MEMBER

NONMLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,130

Year Built

  • Built in 1983

Lot Details

  • 14.95 Acre Lot
  • Property fronts a private road
  • Wooded Lot

Property Views

  • Pasture
  • Mountain

Home Design

  • Chalet
  • A-Frame Home
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,288 Sq Ft Home
  • 1-Story Property
  • Electric Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • No Garage
  • Gravel Driveway
  • Shared Driveway

Schools

  • Cove Creek Elementary School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Kerosene
  • Baseboard Heating
  • Shared Well
  • Electric Water Heater

Additional Features

  • Wrap Around Porch
  • Pasture

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1972-99-7741-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,130

Year Built

Built in 1983

Lot Details

14.95 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 14.95
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1288.0
  • Architectural Style: A-Frame, Chalet/Alpine
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1983
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Cooktop, Electric Water Heater, Refrigerator
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1288.0
  • Stories: 1

Exterior Features

  • Lot Features: Wooded
  • Topography: Pasture
  • View: Long Range, Mountain(s), Pasture
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Basement
  • Patio And Porch Features: Wrap Around
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: Gravel, No Garage, Shared Driveway

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Kerosene
  • Heating Yn: Yes
  • Sewer: Septic Permit 2 Bedroom
  • Water Source: Shared Well

Condo/Co-op/Association

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

Schools

  • Elementary School: Cove Creek

Lot Info

  • Parcel #: 1972-99-7741-000
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1130.0
  • Tax Book Number: 1661/66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2018
Closed on
Feb 22, 2019
Sold by
Colbert Stephen R and Colbert Janice L
Bought by
King Lewis H and King Lauren S
Seller's Agent
Brett Baldwin
Blue Ridge Realty & Inv. Boone
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$245,000
Sold Price
$245,000
Current Estimated Value
$519,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,835
Avg. Annual Appreciation
11.11%
Original Mortgage
$196,000
Outstanding Balance
$171,265
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$348,570
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
King Lewis H $245,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Lewis H $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2019 03/01/19 Sold $245,000 0.0% $190 / Sq Ft
01/30/2019 01/30/19 Pending -- -- --
07/02/2018 07/02/18 For Sale $245,000 -- $190 / 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 $1,577 $400,700 $133,500 $267,200
2024 $16 $400,700 $133,500 $267,200
2023 $1,555 $400,700 $133,500 $267,200
2022 $1,555 $400,700 $133,500 $267,200
2021 $1,261 $260,600 $111,300 $149,300
2020 $1,261 $260,600 $111,300 $149,300
2019 $1,261 $260,600 $111,300 $149,300
2018 $1,130 $260,600 $111,300 $149,300
2017 $1,130 $260,600 $111,300 $149,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 208478

High Country Association of REALTORS®

APN: 1972-99-7741-000

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