NOT LISTED FOR SALE

111 Grassy Gap Loop Rd Beech Mountain, NC 28604

Estimated Value: $497,630 - $795,000

4 Beds
3 Baths
2,516 Sq Ft
$257/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $278,715 $111 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $3,773/month

72 Days on Market

Highlights

  • Ski Accessible
  • Views of Ski Resort
  • Fitness Center
  • Valle Crucis Elementary School Rated A-
  • Golf Course Community
  • Private Membership Available

About This Home

As of July 2020

On the 4th tee! Convenient central Beech location with golf course and ski slope view. 4 bedroom 3 bath house has great layout with 2 bedrooms 2 baths upstairs, as well as kitchen, great room, and living area. 2 bedroom 1 bath on the lower level with family room, mudroom, laundry and sizable storage room. Fireplace on each level. Wet bar on main level. Large walk in closets. Beautiful hardwood floors in kitchen, great room, and master. Open bright great room has a wood burning stone fireplace, doors leading to spacious deck, kitchen has gas Viking stove, ample counter space, large pantry and plenty of cabinets. Paved drive with lots of parking and garage. New metal roof in 2019. Beech Mountain Club membership is current to interested party which would give you access to a private 18-hole professional golf course, clay tennis courts, 5 pickleball courts, outdoor pool, clubhouse dining, 24 hour fitness center, day camp for kids, plus many other amenities with new member fees. Convenient location to skiing, hiking, biking and the numerous town events.

Last Agent to Sell the Property

Tracy Simms

Blue Ridge Realty & Inv. - Banner Elk Listed on: 03/21/2020

Last Buyer's Agent

Emily Farthing

The Summit Group Of The Carolinas

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,412

Year Built

  • Built in 1972

Lot Details

  • 0.32

Parking

  • 1 Car Garage
  • Private Parking
  • Driveway

Property Views

  • Ski Resort
  • Golf Course
  • Seasonal

Home Design

  • Mountain Architecture
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,516 Sq Ft Home
  • 2-Story Property
  • Furnished
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Crawl Space

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Propane
  • Wall Furnace
  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Open Patio
  • 0.32 Acre Lot

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 67
  • Assessor Parcel Number 1950-05-2955-000

Community Details

Overview

  • No Home Owners Association
  • Private Membership Available
  • Grassy Gap High Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Trails
  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,412

Year Built

Built in 1972

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.32
  • Road Surface Type: Paved
  • Subdivision Name: Grassy Gap High
  • Above Grade Finished Sq Ft: 2516.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1972
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Two, Gas, Wood Burning, Propane
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Furnished
  • Living Area: 2516.0
  • Stories: 2

Exterior Features

  • Pool Features: Community
  • View: Golf Course, Ski Area, Seasonal View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Paved Driveway
  • Patio And Porch Features: Open
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Driveway, Garage, One Car Garage, Paved, Private

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Fireplace(s), Propane, Space Heater, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Fitness Center, Golf, Pool, Skiing, Tennis Court(s), Trails/Paths, Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1950-05-2955-000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3412.0
  • Tax Book Number: 1224/201
  • Tax Lot: 67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2023
Sold by
Grier Liana Kennedy and Grier Jason Keith
Bought by
Johnjune Llc
Current Estimated Value
$646,658

Purchase Details

Closed on
Jul 26, 2021
Sold by
Eltion Kennedy Gary and Eltion Teresa
Bought by
Grier Liana Kennedy and Grier Jason Keith

Purchase Details

Listed on
Mar 21, 2020
Closed on
Jun 25, 2020
Sold by
Reeves John Grady and Blodgett Susan Reeves
Bought by
Kennedy Gary
Seller's Agent
Tracy Simms
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
Emily Farthing
The Summit Group Of The Carolinas
List Price
$278,715
Sold Price
$278,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.37%

Purchase Details

Closed on
Oct 2, 2006
Sold by
Handley George Edward and Handley Kathleen Garvin
Bought by
Reeves Julia Brittain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,400
Interest Rate
6.36%
Mortgage Type
New Conventional
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
Johnjune Llc -- --
Grier Liana Kennedy -- Miller & Johnson Pllc
Kennedy Gary $279,000 None Available
Reeves Julia Brittain $353,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reeves Julia Brittain $269,349
Previous Owner Reeves Julia Brittain $282,400
Previous Owner Individually George L Handley Jr $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2020 07/02/20 Sold $278,715 0.0% $111 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
03/21/2020 03/21/20 For Sale $278,715 -- $111 / 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 $4,105 $413,400 $27,800 $385,600
2023 $4,206 $413,400 $27,800 $385,600
2022 $4,206 $413,400 $27,800 $385,600
2021 $4,117 $281,200 $50,000 $231,200
2020 $3,272 $281,200 $50,000 $231,200
2019 $3,272 $281,200 $50,000 $231,200
2018 $3,131 $281,200 $50,000 $231,200
2017 $3,131 $281,200 $50,000 $231,200
2013 -- $318,100 $93,800 $224,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 220915

High Country Association of REALTORS®

APN: 1950-05-2955-000