NOT LISTED FOR SALE

Lots 6&7 Bear Cub Trail Boone, NC 28607

Estimated Value: $129,000 - $1,122,000

1.76 Acres
$355,398 Price per Acre
76,666 Sq Ft Lot

Last Sold March 28, 2024

Last sale price $130,000

Est. 381% increase in value since last sale

Current estimated payment $3,397/month

698 Days on Market

Highlights

  • Gated Community
  • 1.76 Acre Lot
  • Partially Wooded Lot
  • Parkway Elementary School Rated A
  • Mountain View
  • High Speed Internet

About This Lot

As of March 2024

Black Bear Knoll is a beautiful gated community just 10 minutes to downtown Boone. A quiet 17 lot enclave with rustic style homes and lush natural woodland setting. Lots 6&7 have been combined for a generous 1.76 acres. Longer views and ridge views. Most of the roads are paved and underground utilities are available. Restrictions require minimum 1600 SF heated living space, deed restrictions do not prohibit vacation rentals.. Soil scientist is currently working on a septic permit.

Last Agent to Sell the Property

Pam King

Realty One Group Results-Boone Brokerage Phone: (828) 773-8457 Listed on: 04/27/2022

Realty One Group Results-Boone

Last Buyer's Agent

Pam King

Realty One Group Results-Boone Brokerage Phone: (828) 773-8457 Listed on: 04/27/2022

Realty One Group Results-Boone

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $205

Lot Details

  • 1.76 Acre Lot
  • Property fronts a private road
  • Sloped Lot
  • Partially Wooded Lot

HOA Fees

  • $100 Monthly HOA Fees

Property Views

  • Mountain
  • Seasonal

Schools

  • Parkway Elementary School
  • Watauga High School

Utilities

  • Underground Utilities
  • Not Connected to Water Source
  • Not Connected to Sewer
  • High Speed Internet

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 6&7
  • Assessor Parcel Number 2921-58-2995-000

Community Details

Overview

  • Black Bear Knoll Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$205

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 1.76
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Black Bear Knoll
  • Property Sub Type Additional: Residential
  • Attribution Contact: (828) 773-8457
  • Special Features: None

Exterior Features

  • Topography: Sloping
  • View: Mountain(s), Seasonal View
  • View: Yes
  • Waterfront: No

Utilities

  • Sewer: Not Connected
  • Utilities: Underground Utilities, High Speed Internet Available
  • Water Source: Not Connected

Condo/Co-op/Association

  • Community Features: Gated, Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 1200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Parkway
  • High School: Watauga

Lot Info

  • Parcel #: 2921-58-2995-000
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 205.0
  • Tax Book Number: 2185/686
  • Tax Lot: 6&7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Mar 26, 2024
Sold by
Darbo Development Llc and Angle Development Llc
Bought by
Tm Woodcock Construction Llc
Seller's Agent
Pam King
Realty One Group Results-Boone
Buyer's Agent
Pam King
Realty One Group Results-Boone
List Price
$55,000
Sold Price
$130,000
Premium/Discount to List
$75,000
136.36%
Views
95
Current Estimated Value
$625,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,500
Avg. Annual Appreciation
170.29%
Original Mortgage
$120,000
Outstanding Balance
$118,169
Interest Rate
6.77%
Mortgage Type
Seller Take Back
Estimated Equity
$507,331
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
Tm Woodcock Construction Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tm Woodcock Construction Llc $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2024 03/28/24 Sold $130,000 +136.4% --
03/28/2024 03/28/24 Pending -- -- --
04/29/2022 04/29/22 For Sale $55,000 -- --
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 $192 $50,900 $50,900 $0
2023 $192 $50,900 $50,900 $0
2022 $192 $50,900 $50,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 237149

High Country Association of REALTORS®

APN: 2921-58-2995-000