NOT LISTED FOR SALE

1040 Sugar Mountain Dr Unit C-19 Sugar Mountain, NC 28604

Estimated Value: $427,840 - $488,000

4 Beds
4 Baths
1,732 Sq Ft
$224/mo HOA Fee

Last Sold August 04, 2021

Last sale price $280,000 $162 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,701/month

17 Days on Market

Highlights

  • Contemporary Architecture
  • Furnished
  • Baseboard Heating
  • Banner Elk Elementary School Rated A-

About This Home

As of August 2021

A rare find on Sugar Mountain! This large 4 bedroom, 4 bath condo occupies prime land within walking distance to the golf course, tennis courts, tubing slope AND the ski lodge. The property features mountain and name-sake lake view, has two decks, and an open, airy living space. Each bedroom has either private or semi private bath. The bottom floor has 2 bedroom, 2 baths and the laundry area, the main floor has the living, kitchen, and dining areas, and the top floor has an additional 2 bedrooms and 2 baths. Lots of storage. Sold furnished. This one would make an excellent rental producer!

Last Agent to Sell the Property

Sam Semple

Sugar Mountain Realty-Dereka's Listed on: 06/17/2021

Last Buyer's Agent

Brett Schwebke

Tynecastle Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,473

Year Built

  • Built in 1972

Lot Details

  • 2.57

HOA Fees

  • $224 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Aluminum Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 3-Story Property
  • Furnished
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • No Cooling
  • Baseboard Heating

Community Details

  • Snow Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1857-07-68-5367-00019

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,473

Year Built

Built in 1972

Lot Details

0

HOA Fees

$224 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: Snow Lake
  • Above Grade Finished Sq Ft: 1173.0
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 1972
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 559.0
  • Fireplace Features: Other, See Remarks
  • Interior Amenities: Furnished
  • Living Area: 1732.0
  • Stories: 3

Exterior Features

  • Home Warranty: No
  • Construction Type: Aluminum Siding, Modular/Prefab, Wood Frame
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Association Fee: 1346.8
  • Association Fee Frequency: Semi-Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk
  • High School: Avery County

Lot Info

  • Parcel #: 1857-07-68-5367-00019
  • Zoning Description: Deed Restrictions
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1473.0
  • Tax Book Number: 358/1886

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Aug 2, 2021
Sold by
Leonard E Williams Trust and Williams Leonard
Bought by
Metcalf Leslie B
Seller's Agent
Sam Semple
Sugar Mountain Realty-Dereka's
Buyer's Agent
Brett Schwebke
Tynecastle Realty
List Price
$280,000
Sold Price
$280,000
Current Estimated Value
$460,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,460
Avg. Annual Appreciation
11.55%
Original Mortgage
$200,000
Outstanding Balance
$180,576
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$279,884
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Metcalf Leslie B $280,000 None Listed On Document
Metcalf Leslie B $280,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Metcalf Leslie B $200,000
Closed Metcalf Leslie B $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2021 08/04/21 Sold $280,000 0.0% $162 / Sq Ft
07/05/2021 07/05/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $280,000 -- $162 / Sq Ft
Source: High Country Association of REALTORS®

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
2025 $1,031 $257,800 -- $257,800
2024 $1,031 $257,800 -- $257,800
2023 $1,031 $257,800 $0 $257,800
2022 $1,031 $257,800 $0 $257,800
2021 $835 $151,800 $30,000 $121,800
2020 $1,472 $151,800 $30,000 $121,800
2019 $1,472 $151,800 $30,000 $121,800
2018 $835 $151,800 $30,000 $121,800
2017 $1,508 $149,300 $0 $0
2016 $668 $149,300 $0 $0
2015 $668 $149,300 $30,000 $119,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 231210

High Country Association of REALTORS®

APN: 1857-07-68-5367-00019

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