NOT LISTED FOR SALE

960 Main St Blowing Rock, NC 28605

Estimated Value: $1,165,647

0.05 Acre
$23,312,940 Price per Acre
2,178 Sq Ft Lot

Last Sold October 08, 2020

Last sale price $845,000 $198 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,869/month

26 Days on Market

Highlights

  • No HOA
  • Ductless Heating Or Cooling System
  • 1-minute walk to Blowing Rock Parks And Recreation
  • Blowing Rock Elementary School Rated A
  • Heat Pump System

About This Lot

As of October 2020

LOCATION-LOCATION-LOCATION! Great time to own a piece of Blowing Rock History. PRIME COMMERCIAL BUILDING IN DOWNTOWN BLOWING ROCK, NORTH CAROLINA. PRICED TO SELL AT $895,000! Two retail spaces on the street level and three apartments on the upper level. Main Street Art Gallery occupies one retail space. The other one is vacant . With everything happening in the downtown area, this is a wonderful investment property. Lots of potential for both retail & long term rental units. Lots of improvements. Upper floor apartments have exterior door and deck. The R.S. Reinhardt Building, which was actually built by Lynn Lawrence’s grandfather, Everett Greeley Pitts was built for a Lenoir businessman, Mr. Reinhardt. The significance of this building is that it was Blowing Rock’s first post office. It was originally a one-story building, built in 1924. It remained the post office until 1944. It was about that time they added a second floor, which provided 10 lodging rooms for the Parkway Hotel. The lodging rooms were upstairs, while the hotel dining room & coffee shop were downstairs, on the first floor. A USGS marker that identifies the official elevation of Blowing Rock as around 3400 feet.

Last Listed By

Alan Gordon

ROCK Real Estate Group Listed on: 08/12/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,875

Year Built

  • Built in 1924

Lot Details

  • 2,178 Sq Ft Lot
  • Zoning described as Central Business

Home Design

  • Frame Construction
  • Block And Beam Construction
  • Masonry
  • Stone

Interior Spaces

  • 4,275 Sq Ft Home
  • Living Quarters

Schools

  • Blowing Rock Elementary School
  • Watauga High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2807981574000

Property Details

Property Type

Land

Est. Annual Taxes

$3,875

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Sub Type: Building/Land
  • Prop. Type: Commercial Sale
  • Lot Size Acres: 0.05
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Year Built: 1924
  • Special Features: None

Exterior Features

  • Construction Type: Block, Frame, Masonry, Stone
  • Other Structures: Living Quarters
  • Roof: Other, See Remarks

Garage/Parking

  • Parking Features: None, Other, See Remarks

Utilities

  • Cooling: 2 Units
  • Cooling Y N: Yes
  • Heating: Ductless, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Blowing Rock
  • High School: Watauga

Lot Info

  • Parcel #: 2807981574000
  • Zoning Description: Central Business
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3875.0
  • Tax Book Number: 1845/0136

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2023
Sold by
Dishman Carter L and Dishman Elizabeth
Bought by
Dishman Carter L and Dishman Elizabeth
Total Days on Market
26
Current Estimated Value
$1,165,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$271,897
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$893,750

Purchase Details

Listed on
Aug 12, 2020
Closed on
Oct 7, 2020
Sold by
Tim Cline Properties Llc
Bought by
M & M Northern Properties Llc
Seller's Agent
Alan Gordon
ROCK Real Estate Group
Buyer's Agent
Margaret Gilleskie
Jenkins Realtors
List Price
$845,000
Sold Price
$845,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.18%

Purchase Details

Closed on
Jan 27, 2016
Sold by
Capua Andrea N
Bought by
Tim Cline Properties Llc

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
Dishman Carter L -- None Listed On Document
Dishman Carter L -- None Listed On Document
Wilkinson Family Trust -- None Listed On Document
M & M Northern Properties Llc $845,000 None Available
Tim Cline Properties Llc $700,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gersonde Aaron P $280,000
Closed Rebossio Karen A $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2020 10/08/20 Sold $845,000 0.0% $198 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $845,000 -- $198 / 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 $4,127 $1,031,830 $95,200 $936,630
2023 $7,339 $1,031,830 $95,200 $936,630
2022 $7,339 $1,031,830 $95,200 $936,630
2021 $5,102 $583,700 $150,300 $433,400
2020 $4,869 $583,700 $150,300 $433,400
2019 $4,869 $583,700 $150,300 $433,400
2018 $4,460 $583,700 $150,300 $433,400
2017 $4,460 $583,700 $150,300 $433,400
2013 -- $419,200 $125,300 $293,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 223812

High Country Association of REALTORS®

APN: 2807-98-1574-000