NOT LISTED FOR SALE

870 State Farm Rd Boone, NC 28607

2.02 Acres
-- Price per Acre
87,991 Sq Ft Lot

Last Sold April 24, 2013

Last sale price $900,000 $176 Per Sq Ft

Highlights

  • 2.02 Acre Lot
  • Cooling Available
  • Heat Pump System
  • Hardin Park Elementary School Rated A
  • Outdoor Storage
  • 4-minute walk to Optimist Park

About This Lot

As of April 2013

The pricing of this bank owned property has been reduced $200,000 and is now significantly below current appraised value! This very attractive 5,578 +- SF medical office condominium is well located on State Farm Road close to Watauga Medical Center. The space features a private exterior entrance with a spacious waiting room, business offices, several doctor's offices, numerous exam rooms, nurses stations, a fully equipped kitchen/breakroom, plenty of restrooms, and a large unfinished storage area. The entire suite is on one level with hallways that contribute to easy flow throughout the unit. The interior finish is a combination of carpet and rubber tile floors, sheetrock walls, and drop ceilings. The building exterior is a combination of brick, stucco, and stone making the building one of the most beautiful office buildings in Boone. This high profile space on a popular office corridor close to the medical center is available for immediate occupancy, and most medical users would require little or no upfit to meet their specific needs.

Last Agent to Sell the Property

Dan Godwin

Weber, Hodges, & Godwin Listed on: 10/24/2012

Last Buyer's Agent

Dan Godwin

Weber, Hodges, & Godwin Listed on: 10/24/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,070

Year Built

  • Built in 2001

Lot Details

  • 2.02 Acre Lot
  • Zoning described as General Business

Parking

  • Parking Available

Home Design

  • 5,123 Sq Ft Home
  • Brick Exterior Construction
  • Metal Roof
  • Stucco Exterior

Schools

  • Hardin Park Elementary School

Utilities

  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2910-53-8187-001

Community Details

Recreation

  • Outdoor Storage

Additional Features

  • Property has a Home Owners Association
  • Private Restrooms

Property Details

Property Type

Land

Est. Annual Taxes

$10,070

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Sub Type: Building/Land
  • Prop. Type: Commercial Sale
  • Lot Size Acres: 2.02
  • Above Grade Finished Sq Ft: 5123.0
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Living Area: 5123.0

Exterior Features

  • Construction Type: Brick, Other, See Remarks, Stucco
  • Exterior Features: Storage
  • Roof: Metal

Garage/Parking

  • Parking Features: Parking Space(s)

Utilities

  • Green Building Features: Private Restrooms
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1870.0
  • Association: Yes

Schools

  • Elementary School: Hardin Park

Lot Info

  • Parcel #: 2910-53-8187-001
  • Zoning Description: General Business
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10070.0
  • Tax Book Number: 1653/656

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2023
Sold by
Prothman Florence
Bought by
Strozier Jerri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$140,066
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2023
Sold by
Dugger Valley Investment Group Llc
Bought by
Br Development Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$140,066
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2023
Sold by
Kreft Meurs Marjorie
Bought by
4 Seasons At Beech Condominium

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$140,066
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2022
Sold by
Mccarty Royce
Bought by
County Of Watauga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.5%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 24, 2012
Closed on
Apr 22, 2013
Sold by
First Citizens Bank & Trust Co
Bought by
Watauga Medical Center Inc
Seller's Agent
Dan Godwin
Weber, Hodges, & Godwin
Buyer's Agent
Dan Godwin
Weber, Hodges, & Godwin
List Price
$900,000
Sold Price
$900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 28, 2012
Sold by
Wwcre Llc
Bought by
First Citizens Bank & Trust Co
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Strozier Jerri -- --
Br Development Group Llc -- --
4 Seasons At Beech Condominium -- --
County Of Watauga -- --
Watauga Medical Center Inc $900,000 None Available
First Citizens Bank & Trust Co $492,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strozier Jerri $150,000
Previous Owner 4 Seasons At Beech Condominium $50,000
Previous Owner Watauga Medical Center Inc $765,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2013 04/24/13 Sold $900,000 0.0% $176 / Sq Ft
03/25/2013 03/25/13 Pending -- -- --
10/24/2012 10/24/12 For Sale $900,000 -- $176 / 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 $3,167 $996,000 $275,000 $721,000
2023 -- $996,000 $275,000 $721,000
2022 $0 $996,000 $275,000 $721,000
2021 $0 $987,200 $250,000 $737,200
2020 $0 $987,200 $250,000 $737,200
2019 $0 $987,200 $250,000 $737,200
2018 $0 $987,200 $250,000 $737,200
2017 -- $987,200 $250,000 $737,200
2013 -- $361,244 $350,000 $11,244
Source: Public Records

Agents Affiliated with this Home

  • Dan Godwin

    Seller's Agent in 2013

    Dan Godwin

    Weber, Hodges, & Godwin

    (828) 265-9284

    6 in this area

    8 Total Sales

    Dan Godwin
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Map

Source: High Country Association of REALTORS®

MLS Number: 175626

High Country Association of REALTORS®

APN: 2910-53-8187-001

North Carolina Watauga County Boone 28607

870 State Farm Rd, Boone, NC

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.

High Country Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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