NOT LISTED FOR SALE

8530 Valley Blvd Blowing Rock, NC 28605

Estimated Value: $1,894,000 - $2,574,000

5 Beds
5 Baths
3,785 Sq Ft
$561/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $1,200,000 $317 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $11,787/month

65 Days on Market

Highlights

  • Mountain View
  • Cottage
  • Double Oven
  • No HOA
  • Covered patio or porch
  • Two Cooling Systems Mounted To A Wall/Window

About This Home

As of February 2023

- Expansive gorge views from all three levels of this beautiful Blowing Rock property! Just a short walk to downtown, this charming home has a kitchen on each level and can be used as three separate rentals or one large residence. On the lower level, you will find a two bedroom two bath unit with hardwood floors, jacuzzi tub, wood burning fireplace and beautiful views from every room. On the main level, there are an additional two bedrooms, two baths, a large kitchen and a gorgeous open living/dining area with a cozy stone fireplace. Outside this level is an inviting covered porch with absolutely breathtaking views. The perfect place to dine, entertain or just relax and enjoy the view. Upstairs, you will find a one bedroom, one bath apartment-like unit with kitchen and large living area. Along with the covered porch, each level has large windows and expansive decks allowing you to enjoy this magnificent property year round. Whether you are looking for an investment property, primary residence or vacation home, the potential for this home is endless! These don't come on the market often! Property is being sold AS IS.

Last Agent to Sell the Property

Bert Ogburn

Blue Ridge Realty & Inv. Blowing Rock Listed on: 11/29/2022

Last Buyer's Agent

Paige Carter

Blue Ridge Realty & Inv. Blowing Rock

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,470

Year Built

  • Built in 1928

Lot Details

  • 1.01

Parking

  • Driveway

Home Design

  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Wood Burning Fireplace
  • Mountain Views
  • Finished Basement

Kitchen

  • Double Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Blowing Rock Elementary School
  • Watauga High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Septic Tank
  • Septic System
  • High Speed Internet

Additional Features

  • Covered patio or porch
  • 1.01 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 02-4-1-5

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,470

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.01
  • Road Surface Type: Other, See Remarks
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2555.0
  • Architectural Style: Cottage
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 1928
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Double Oven, Dryer, Dishwasher, Electric Cooktop, Disposal, Refrigerator, Washer
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1230.0
  • Fireplace Features: One, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3785.0
  • Stories: 3

Exterior Features

  • View: Long Range, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: Asphalt, Driveway

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air, Heat Pump, 2 Units, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Heat Pump, Hot Water
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: High Speed Internet Available, Septic Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Blowing Rock
  • High School: Watauga

Lot Info

  • Parcel #: 02-4-1-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5470.0
  • Tax Book Number: 1677/1525

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2022
Closed on
Feb 1, 2023
Sold by
Mak Property Management Llc
Bought by
Derrick Land Corporation Llc
Seller's Agent
Bert Ogburn
Blue Ridge Realty & Inv. Blowing Rock
Buyer's Agent
Paige Carter
Blue Ridge Realty & Inv. Blowing Rock
List Price
$1,400,000
Sold Price
$1,200,000
Premium/Discount to List
-$200,000
-14.29%
Views
57
Current Estimated Value
$2,020,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$820,272
Avg. Annual Appreciation
25.79%
Original Mortgage
$1,200,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2022
Sold by
Walker Alberta C
Bought by
Mak Property Management Llc

Purchase Details

Closed on
Apr 22, 2008
Sold by
Schwartzburg Margaret Ann Pentland
Bought by
Mak Property Management Llc
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Derrick Land Corporation Llc $1,200,000 --
Mak Property Management Llc -- --
Mak Property Management Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Derrick Land Corporation Llc $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold $1,200,000 -14.3% $317 / Sq Ft
11/29/2022 11/29/22 For Sale $1,400,000 -- $370 / 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
2025 $7,548 $1,371,800 $976,600 $395,200
2024 $7,548 $1,195,200 $976,600 $218,600
2023 $7,548 $1,195,200 $976,600 $218,600
2022 $5,361 $865,500 $646,900 $218,600
2021 $5,361 $865,500 $646,900 $218,600
2020 $5,288 $836,500 $634,100 $202,400
2019 $5,288 $836,500 $634,100 $202,400
2018 $8,466 $836,500 $0 $0
2017 $8,383 $836,500 $0 $0
2016 $5,359 $836,500 $0 $0
2015 $5,105 $836,500 $0 $0
2014 $5,105 $836,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 240908

High Country Association of REALTORS®

APN: 02-4-1-5