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805 West King Street

805 West King Street, Boone, NC 28607
Property in Downtown Boone
Sold Dec 31, 2020
$4,170,000
$3,375,000 by Lifestore Bank
Mortgage Due Dec 24, 2045
805 West King Street has been categorized by the local assessors in Boone, NC as a residential type of property. The building on the property was first built in 1940 and is 84 years old. In addition, 805 West King Street has 7,600 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 15,856 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a row home style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. Finally, the property is currently sourcing its water from a municipal system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 805 West King Street was last sold in Dec 31, 2020 for $4,170,000. According to our calculations, that's $548.68 per sqft. Current property owners are expected to pay $32,805 in taxes per year. The property on 805 West King Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $4,110,910. To break that down further, the land itself was valued at $573,500. While improvements to the property were assessed at a total of $3,537,410. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 0
  • Building Quality: C+
  • Building Style: Row home
  • Exterior Walls Type: Brick
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,856
  • Total Building Area: 7,600
  • Building Area: 7,600
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 7,600
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.364
  • Standard Land Use Code: Row house (residential)
  • Legal Description 1: HEILEG-MEYERS

Ownership

  • Current Owner : L D & B OF BOONE LLC
  • Previous Owner : KING STREET VENTURES LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Watauga County Schools
  • Census Tract: 920400

Zoning

  • Zoning: BOB1

Geography

  • Account Number: 1818151
  • Parcel: 2900-79-5599-000
  • Municipality: BOONE
  • Latitude: 36.2197
  • Longitude: -81.6865

    Address

  • Full Address: 805 W King St
  • Address - House Number: 805
  • Street Direction: W
  • Address - Street Name: King
  • Address - Suffix Type: St
  • State: NC
  • City Name: Boone
  • Carrier Code: C005
  • 4-Digit Zip Code: 3466
  • Zip Code: 28607

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $32,805

    Appraisal Valuation

  • Standard Deviation: 0.4561
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 8
  • Final Value: 3,563,457
  • High Value: 5,188,986
  • Low Value: 1,937,927

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,375,000
  • First Open Lien Mortgage Lender: LIFESTORE BANK
  • First Open Lien Mortgage Recording Date: Dec 31, 2020
  • First Open Lien Mortgage Loan Amount: $3,375,000
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Dec 24, 2045

    Market Valuation

  • Market Total Value: $4,110,910
  • Market Land Value: $573,500
  • Market Improvement Value: $3,537,410

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,110,910
  • Assessed Land Value: $573,500
  • Assessed Improvements Value: $3,537,410

    Sales

  • Current Sale Contract Date: Dec 31, 2020
  • Current Sale Recording Date: Dec 31, 2020
  • Current Sale Transaction ID: 11842561711
  • Current Sale Price: $4,170,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 700421

    Last Sale Mortgage

  • First Mortgage Lender: LIFESTORE BANK
  • First Mortgage Transaction Date: Dec 31, 2020
  • First Mortgage Loan Amount: $3,375,000
  • First Mortgage Terms: 299
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Dec 24, 2045

About Downtown Boone



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Frequently Asked Questions

What neighborhood is 805 West King Street located in?
The 805 West King Street is a located in the neighborhood of Downtown Boone in Downtown Boone, Boone.
What is the average sales price for listings in 805 West King Street?
The average sales price for units in 805 West King Street is $0 currently.

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