NOT LISTED FOR SALE

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

Sugar Mountain Area

Estimated Value: $420,000 - $483,467

4 Beds
4 Baths
1,732 Sq Ft
2.57 Acre Lot

Sale Details

Date Sold: August 4, 2021

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

Est. 65% increase in value since last sale

Current estimated payment $2,840 / mo

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

2.57 Acres

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Aug 2, 2021
Sold by
Bought by
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
$460,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,867
Avg. Annual Appreciation
10.48%
Original Mortgage
$200,000
Interest Rate
0.03%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$280,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • S

    Seller's Agent in 2021

    Sam Semple

    Sugar Mountain Realty-Dereka's

    (828) 260-2617

    58 Total Sales

    Sam Semple
    Section Image

  • B

    Buyer's Agent in 2021

    Brett Schwebke

    Tynecastle Realty

See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 231210

High Country Association of REALTORS®

APN: 1857-07-68-5367-00019

North Carolina Avery County Sugar Mountain 28604

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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

High Country Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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