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$700,000

Beds
5
Baths
3.0
sq ft
3,661

197 Blanwood Drive, Boone, NC 28607

197 Blanwood Drive

Boone, NC 28607

  • 4 days on market
5 bedroom, 3 bath home currenlty rented as a duplex. Gross monthly rent roll $3,850 ( Upper $2,350 & lower $1,500 )Home is located within Town limits of Boone and within walking distance to Horn in the West, the farmers market, King Street, & Appalachian State Campus. The property borders green space owned by the Town of Boone. The entry level of the home offers 2 stories, 3 bedroom , 2 bath, 1 car attached garage, dining, living room and galley kitchen. Shared washer and dryer located in the lower level for both units to have access. Walk out lower level offers two bedrooms, one bathroom, stamped concrete floors, eat-in kitchen, living room with two built-ins, wood burning fireplace, wall of windows. There is ample storage throughout. R-1 Zoning. No more than 2 unrelated people are able to live upstairs or down based on town zoning. Established long term Rental History available upon request. R-1 zoning allows for a Homestay Rental. Please review Town of Boone rules for short term rentals located here: https://www.townofboone.net/632/Short-Term-Rentals-Homestay-Vacation-Ren. Property is located in an Opportunity zone.

Details

Property type

Single Family Residence

Est. home value

$611,989

Lot size

0.28 acres

Price per sq ft

$192

Year built

1962

Annual property taxes

$3,503

HOA

No

Price History

10/14/2024
HighCountry

HighCountry #252238

Listed
$700,000
+143.06%
12/27/2018
HighCountry

HighCountry #210179

Sold
$288,000

Schools & Community

Elementary school: 

Hardin Park

Middle school: 

Unknown

High school: 

Watauga

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank Of The Ozarks

Loan start date

May 2022

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

3.5%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Opp Zone 1 Llc

Lender

Carolina Collegiate Fcu

Loan start date

December 2018

Original loan amount

$230,400

Est. remaining balance

Not provided

Interest rate

4.94%

Loan type

Commercial

Seller

Opp Zone 1 Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 10/18/2024 at 12:25 PM

Listing updated: 10/14/2024 at 3:33 PM

Listed by: William Aceto, Blue Ridge Realty & Inv. Boone 895 Phone #: (828) 263-8711

MLS: HighCountry #252238

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