NOT LISTED FOR SALE

114 Pinnacle Ridge Rd Beech Mountain, NC 28604

Estimated Value: $699,000 - $772,000

4 Beds
3 Baths
1,918 Sq Ft
$390/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $525,204 $274 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,323/month

11 Days on Market

Highlights

  • Ski Accessible
  • Golf Course Community
  • Mountain View
  • Valle Crucis Elementary School Rated A-
  • Fitness Center
  • Private Membership Available

About This Home

As of August 2021

Outstanding property in a great central location with a view! Stunning wall of windows in the great room with a stone wood burning fireplace and appealing engineered wood flooring. Beautifully remodeled kitchen has stainless appliances, granite counters, gas range with hood system. Open and bright with multi levels of expansive decking. Main level has kitchen, dining, great room, laundry, 2 bedrooms and full bath. Upper level has immense master with deck, loft office, spacious full bath with walk in closet and walk in shower. Additional bedroom on this level. Lower level has 1 car oversized garage with work room, additional guest bedroom and full bath not counted in the square footage. Nice yard area, and ample parking. Excellent year round or vacation property. Comes furnished with few exceptions. Beech Mountain Club membership is current and with new member fees, would give you access to a private 18 hole professional golf course, clay tennis courts, pickle ball courts, 24 hour fitness center, kids day camp, outdoor pool plus many additional amenities. Minutes to ski resort, golf, biking tennis, hiking, and the many town activities.

Last Agent to Sell the Property

Tracy Simms

Blue Ridge Realty & Inv. - Banner Elk Listed on: 07/20/2021

Last Buyer's Agent

Tracy Simms

Blue Ridge Realty & Inv. - Banner Elk Listed on: 07/20/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,394

Year Built

  • Built in 1984

Lot Details

  • 0.41 Acre Lot

Parking

  • 1 Car Garage
  • Oversized Parking
  • Private Parking
  • Gravel Driveway

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,918 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Stone Fireplace
  • Mountain Views
  • Partially Finished Basement

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Open Patio
  • Porch

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Propane
  • Wall Furnace
  • Baseboard Heating

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1940-76-1599-000

Community Details

Overview

  • No Home Owners Association
  • Private Membership Available
  • Pinnacle Ridge 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

$3,394

Year Built

Built in 1984

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Road Surface Type: Paved
  • Subdivision Name: Pinnacle Ridge
  • Above Grade Finished Sq Ft: 1918.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 1984
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer
  • Has Basement: Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Stone, Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Furnished, Vaulted Ceiling(s)
  • Living Area: 1918.0
  • Stories: 3

Exterior Features

  • Pool Features: Community
  • View: Long Range, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Gravel Driveway
  • Patio And Porch Features: Multiple, Open
  • Roof: Asphalt, Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Propane, Space Heater, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • 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 #: 1940-76-1599-000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3394.45
  • Tax Book Number: 652/835

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Aug 30, 2021
Sold by
Welsh Harold K and Welsh Rebecca I
Bought by
Mcdermott Thomas R and Mcdermott Sandra W
Seller's Agent
Tracy Simms
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
Tracy Simms
Blue Ridge Realty & Inv. - Banner Elk
List Price
$525,204
Sold Price
$525,204
Current Estimated Value
$747,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,039
Avg. Annual Appreciation
8.38%
Original Mortgage
$420,163
Outstanding Balance
$314,821
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$432,422
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
Mcdermott Thomas R $525,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdermott Thomas R $420,163
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2021 08/31/21 Sold $525,204 0.0% $274 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $525,204 +114.1% $274 / Sq Ft
04/02/2014 04/02/14 Sold $245,299 0.0% $50 / Sq Ft View Prior Sale
03/03/2014 03/03/14 Pending -- -- --
06/03/2013 06/03/13 For Sale $245,299 -- $50 / 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
2025 $5,451 $552,500 $64,500 $488,000
2024 $55 $552,500 $64,500 $488,000
2023 $5,594 $552,500 $64,500 $488,000
2022 $5,594 $552,500 $64,500 $488,000
2021 $4,095 $279,700 $31,300 $248,400
2020 $3,255 $279,700 $31,300 $248,400
2019 $3,255 $279,700 $31,300 $248,400
2018 $3,115 $279,700 $31,300 $248,400
2017 $3,115 $279,700 $31,300 $248,400
2013 -- $341,700 $50,000 $291,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 232021

High Country Association of REALTORS®

APN: 1940-76-1599-000