NOT LISTED FOR SALE

109 Grassy Gap Loop Rd Beech Mountain, NC 28604

Estimated Value: $672,000 - $979,000

4 Beds
3.5 Baths
2,324 Sq Ft
$372/Sq Ft Est. Value

Last Sold April 11, 2014

Last sale price $290,000 $125 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $5,336/month

26 Days on Market

Highlights

  • Ski Accessible
  • Golf Course Community
  • Clubhouse
  • Valle Crucis Elementary School Rated A-
  • Mountain View
  • Mountain Architecture

About This Home

As of April 2014

Beautiful newer built home on the 4th tee of the private Beech Mountain Golf Course. Upper and lower decks to enjoy those great views of fairways. Large stone fireplace and wood floors. Solid Cherry cabinets in the kitchen. 3 master suites and additional bedroom with laundry room. Nice cozy setting area with second fireplace on upper level. Beech Mountain Club membership is available with only $3280 to bring current to Oct 31, 2014. Too much to list on this property, must see. Approved for Homepath Mortgage and Homepath Renovation Mortgage.

Last Agent to Sell the Property

Michael Eller

Mtn Prop. of the High Country Listed on: 02/14/2014

Last Buyer's Agent

MTN Mike Goldstein

Mountain Mike Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,382

Year Built

  • Built in 2003

Lot Details

  • 0.36 Acre Lot

Parking

  • 1 Car Garage

Property Views

  • Mountain
  • Seasonal

Home Design

  • Mountain Architecture
  • Shingle Roof
  • Asphalt Roof
  • Hardboard

Interior Spaces

  • 2,324 Sq Ft Home
  • 2 Fireplaces
  • Stone Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Valle Crucis Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1950051896000

Community Details

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Ski Accessible

Additional Features

  • Grassy Gap High Subdivision
  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,382

Year Built

Built in 2003

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.36
  • Subdivision Name: Grassy Gap High
  • Above Grade Finished Sq Ft: 2324.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Year Built: 2003
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 20

Interior Features

  • Appliances: Other, See Remarks
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Two, Stone
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 2324.0

Exterior Features

  • Pool Features: Community
  • View: Mountain(s), Seasonal View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Hardboard
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage, One Car Garage

Utilities

  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Golf, Pool, Skiing, Tennis Court(s), Long Term Rental Allowed, Short Term Rental Allowed

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1950051896000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3382.0
  • Tax Book Number: 1697/749

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2014
Closed on
Apr 3, 2014
Sold by
Fannie Mae
Bought by
Pollack Mark E and Pollack Roberta L
Seller's Agent
Michael Eller
Mtn Prop. of the High Country
Buyer's Agent
MTN Mike Goldstein
Mountain Mike Realty
List Price
$290,000
Sold Price
$290,000
Total Days on Market
26
Current Estimated Value
$864,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$574,827
Avg. Annual Appreciation
10.17%
Original Mortgage
$200,000
Outstanding Balance
$154,348
Interest Rate
4.36%
Mortgage Type
New Conventional
Estimated Equity
$705,582

Purchase Details

Closed on
Jul 13, 2013
Sold by
Thompson Mazza David R and Thompson Rao Melinda
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 22, 2013
Sold by
Rao John Paul
Bought by
Rao Katherine Melinda and Rao Melinda Thompson
Source: Public Records

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Range of Values:

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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
Pollack Mark E -- None Available
Federal National Mortgage Association $351,091 Dataquick Title
Rao Katherine Melinda -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pollack Mark E $200,000
Previous Owner Mazza David R $359,199
Previous Owner Mazza David R $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2014 04/11/14 Sold $290,000 0.0% $125 / Sq Ft
03/12/2014 03/12/14 Pending -- -- --
02/14/2014 02/14/14 For Sale $290,000 -- $125 / Sq Ft
Source: High Country Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2024 $6,210 $630,900 $30,600 $600,300
2023 $6,376 $630,900 $30,600 $600,300
2022 $6,376 $630,900 $30,600 $600,300
2021 $3,882 $335,000 $40,000 $295,000
2020 $3,882 $335,000 $40,000 $295,000
2019 $3,882 $335,000 $40,000 $295,000
2018 $3,715 $335,000 $40,000 $295,000
2017 $3,715 $335,000 $40,000 $295,000
2013 -- $348,400 $20,000 $328,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 183231

High Country Association of REALTORS®

APN: 1950-05-1896-000