Last Sold Price
896 W King St, Boone, NC 28607

Description

This investment property projects to a Cap Rate of 11.3 and Gross Rent Multiplier of 6.95. Currently long term rental, however can be used for Short Term Rental. See the attached projected revenue and returns. Beautifully remodeled in 2018, both units come furnished. Units have parking and short walk to everything downtown Boone has to offer. Your investor clients will thank you for bringing them this property. - Lower unit is 6'6 in height so not counted in Heated Living Area.This investment property projects to a Cap Rate of 11.3 and Gross Rent Multiplier of 6.95. Currently long term rental, however can be used for Short Term Rental. See the attached projected revenue and returns. Beautifully remodeled in 2018, both units come furnished. Units have parking and short walk to everything downtown Boone has to offer. Your investor clients will thank you for bringing them this property. - Lower unit is 6'6 in height so not counted in Heated Living Area.
LISTING CLOSED: 08/11/2021 12:00 AM

  1. Listed by Mike Quinto • Allen Tate Real Estate

Property Details for 896 West King Street

Status
MLS #
227961
Days on Market
200
Taxes
$1,079 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Duplex
Year Built
1950
Lot Size
0.05 AC / 2,178 SF
Architectural Style
Cottage
Subdivision Name
None
Zoning Description
Business/Comm

Recent comparable sales

Median sold price

$549,000

Avg days on market

89

Sale-to-list ratio

93.0%

[Boone, NC]

9 comparable properties found

front view of a house with a yard
1/46
1

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Sold 05/07/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.23
Acres
$660,000 | 179 Hillside Drive, Boone, NC 28607
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Bedrooms
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Bathrooms
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Square Feet
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Acres
$670,000 | 247 Homespun Hills Road, Boone, NC 28607
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$670,000

Sold 03/26/25

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Bedrooms
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Bathrooms
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Square Feet
0.36
Acres
$720,000 | 535 Queen Street, Boone, NC 28607
1/46
4

$720,000

Sold 02/01/25

Unavailable
Bedrooms
Unavailable
Bathrooms
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Square Feet
0.35
Acres
$1,192,500 | 237 Queen Street, Boone, NC 28607
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5

$1,192,500

Sold 01/31/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.35
Acres
a front view of a house with a yard
1/7
6

$515,000

Sold 04/13/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.46
Acres
7

$492,500

Sold 09/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,000
Square Feet
Unavailable
Acres
8

$535,000

Sold 07/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
9,324
Square Feet
0.13
Acres
9

$461,000

Sold 03/19/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.05
Acres

Location

Listing Courtesy of Allen Tate Real Estate

Sold By Appalachian Properties

Add your commute

Building Information for 896 West King Street

Stories-Residences2Year Built1950Building Size-Lot Size0.05 AC / 2,178 SF

Payment Calculator

$2,504 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,414

Property Taxes

$90

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 896 West King Street

Summary
Location and General Information
  • Directions: This property is beside Angle and Rupp. Access via an alley off King Street behind Appalachian Signs.
  • Road Surface Type: Other, Paved, SeeRemarks
  • Postal Code: 28607
  • Road Responsibility: PublicMaintainedRoad
  • MLS Area Major: 1-Boone, Brushy Fork, New River
Taxes and HOA Information
  • Parcel Number: 2901-70-2010-000
  • Association: No
  • Tax Annual Amount: $1,079
  • Tax Book Number: 224/399
  • Tax Legal Description: 0.05 AC, PB27 PG291
School Information
  • Elementary School: Hardin Park
  • High School: Watauga
Property
Lot Information
  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Units: Acres
Property and Assessments
  • Year Built: 1950
  • Human Modified: No
Utilities
  • Sewer: PublicSewer
  • Utilities: CableAvailable, ElectricityAvailable, SewerAvailable, WaterAvailable
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Community Features: ShortTermRentalAllowed
  • Construction Materials: WoodSiding, WoodFrame
  • Roof: Metal
Interior Features
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total: 0
  • Bedrooms Total: 0
  • Cooling: No
  • Cooling: None
  • Heating: Yes
  • Heating: Electric
Multi Family
Multi-Family Information
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
Unit 1
  • Unit Type Description: One Bath,Dishwasher,Furnished,Kitchen,Microwave,Oven/Range Electric
  • Unit Type Type: Efficiency
Unit 2
  • Unit Type Description: One Bath,Dishwasher,Furnished,Kitchen,Oven/Range Electric,Refrigerator
  • Unit Type Type: Efficiency

Property History for 896 West King Street

DateEvent & SourcePriceAppreciation
Aug 11, 2021

Closed

High Country Association of REALTORS #227961

$475,000
Jul 28, 2021

Closed (Public Record)

Public Record #1490119364

$475,000
Jun 28, 2021

Withdrawn

High Country Association of REALTORS #228093

$495,000
DateEvent & SourcePrice
08/11/2021

Closed

High Country Association of REALTORS #227961

$475,000
07/28/2021

Closed (Public Record)

Public Record #1490119364

$475,000
06/28/2021

Withdrawn

High Country Association of REALTORS #228093

$495,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 896 West King Street

Taxable ValueLand$53,900Additions$275,600Total$329,500
Tax Record2025$2,596 ($216 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,120 SqFtAbove Grade Finished SqFt1,120 SqFtStories2Lot Size2,178 SqFtStyleSingle Family ResidenceYear Built1950ZoningBOB1CountyWATAUGAAPN2901-70-2010-000Fireplace TypeHas Fireplace

Schools near 896 West King Street

This home is within Watauga County School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - 9 to 12
Rating
School
Distance
Hardin Park Elementary
PublicPK to 8

Watauga High
Public9 to 12

Watauga Virtual Academy
PublicK to 8

Watauga Innovation Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 896 West King Street, Boone, NC 28607
$475,000
2,178
$90,000
4,420
6,316
1,600
2,570
2,180
5,053
2,840
6,098
2,622
13,939

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Allen Tate Real Estate

Based on information from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.