Seller's Agent in 2024
Bill Aceto
Blue Ridge Realty & Inv. Boone 895
78 in this area
251 Total Sales
1.59
Acres
$701,258
Price per Acre
69,260
Sq Ft Lot
Highlights
- 1.59 Acre Lot
- No HOA
- Space Heater
- Watauga High School Rated A-
- Multiple cooling system units
- High Speed Internet
About This Lot
As of November 2024Over 8,000 sq feet +/- of commercial space centrally located just off of NC Hwy 105 Bypass with Hwy 105 on one end and Hwy 321/421 on the other offering 126 ft +/- of road frontage. Attractive building suitable for retail or office space. The average daily traffic count for the bypass is between 10,000-19,999 cars per day. Location is convenient to Boone, Banner Elk and Tennessee. Total of 5 leaseable units including a large banquet room with full kitchen double oven, electric range, a gas log fireplace, & high ceilings. Banquet space is great for larger groups or could be repurposed depending on needed use. Over 30 paved parking spaces with dedicated handicap spaces, concrete sidewalk encircles the building & additional gravel parking for tenants and guests around the rear of the building. Additional features- central vac in the event space, private well, septic, each unit has their own half baths with men's and women bathrooms for the event space. Current leases in place for Units 1,2,3, 5, and the office in unit 5. Unit 4 is owner occupied. All units are metered separately 6 total. Rent roll available upon request. **Highest and best offers due by 5:00pm on Friday, December 8.**
Last Agent to Sell the Property
Blue Ridge Realty & Inv. Boone 895 Brokerage Phone: (828) 263-8711 Listed on: 12/01/2023
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,528
Year Built
- Built in 1982
Lot Details
- 1.59 Acre Lot
Home Design
- Wood Frame Construction
- Metal Roof
- Wood Siding
- Hardboard
Interior Spaces
- 8,172 Sq Ft Home
- 1-Story Property
Parking
- Parking Available
- Gravel Driveway
- Paved Parking
Schools
- Cove Creek Elementary School
- Watauga High School
Utilities
- Heat Pump System
- Wall Furnace
- Private Water Source
- Well
- Septic Tank
- Septic System
- High Speed Internet
Community Details
- No Home Owners Association
- Private Restrooms
Listing and Financial Details
- Long Term Rental Allowed
- Assessor Parcel Number 1991-80-5318-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 1, 2023
Closed on
Nov 7, 2024
Sold by
High Country Home Builders Association I and Watauga Avery Homebuilders Association I
Bought by
Project Dance Foundation Inc
Seller's Agent
Bill Aceto
Blue Ridge Realty & Inv. Boone 895
Buyer's Agent
Todd Rice
Blue Ridge Realty & Inv. Blowing Rock
List Price
$1,100,000
Sold Price
$1,115,000
Premium/Discount to List
$15,000
1.36%
Views
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,248
Avg. Annual Appreciation
-1.58%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,115,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $450,000 | New Conventional | |
| Previous Owner | $600,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/14/2024 11/14/24 | Sold | $1,115,000 | +1.4% | $136 / Sq Ft |
| 12/01/2023 12/01/23 | For Sale | $1,100,000 | -- | $135 / Sq Ft |
Source: High Country Association of REALTORS®
Tax History Compared to Growth
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 | $2,528 | $668,850 | $252,200 | $416,650 |
| 2023 | $2,528 | $668,850 | $252,200 | $416,650 |
| 2022 | $2,528 | $668,850 | $252,200 | $416,650 |
| 2021 | $3,009 | $649,900 | $229,300 | $420,600 |
| 2020 | $3,009 | $649,900 | $229,300 | $420,600 |
| 2019 | $3,009 | $649,900 | $229,300 | $420,600 |
| 2018 | $2,764 | $649,900 | $229,300 | $420,600 |
| 2017 | $2,764 | $649,900 | $229,300 | $420,600 |
| 2013 | -- | $680,800 | $189,300 | $491,500 |
Source: Public Records
Agents Affiliated with this Home
-
Bill Aceto
-
Todd Rice
T
Buyer's Agent in 2024
Todd Rice
Blue Ridge Realty & Inv. Blowing Rock
(828) 263-8711
36 in this area
116 Total Sales
Map
Source: High Country Association of REALTORS®
MLS Number: 246791
APN: 1991-80-5318-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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