NOT LISTED FOR SALE

116 Grassy Gap Loop Rd Beech Mountain, NC 28604

Estimated Value: $535,000 - $601,000

3 Beds
3 Baths
1,452 Sq Ft
$382/Sq Ft Est. Value

Last Sold February 01, 2022

Last sale price $430,000 $296 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,389/month

86 Days on Market

Highlights

  • Ski Accessible
  • Golf Course Community
  • Peek-A-Boo Views
  • Valle Crucis Elementary School Rated A-
  • Fitness Center
  • Chalet

About This Home

As of February 2022

Cute cabin ready to move in. Updated Kitchen and new floors in great room. Two bedrooms and baths on main level with a beautiful stone fireplace. Beautiful long range view, with some trimming/limbing. An additional room downstairs which is very large with a beautiful stone fireplace and could be used as a bedroom, office, man cave, etc. with an a full bathroom and the laundry.

Last Agent to Sell the Property

Karen Cleghorn

Blue Ridge Realty & Inv. - Banner Elk Listed on: 10/07/2021

Last Buyer's Agent

Garrett Andersson

The Andersson Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,233

Year Built

  • Built in 1969

Lot Details

  • 0.45 Acre Lot
  • Zoning described as Deed Restrictions,Residential,Subdivision

Property Views

  • Peek-A-Boo
  • Mountain
  • Seasonal

Home Design

  • Chalet
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,452 Sq Ft Home
  • 2-Story Property
  • Furnished
  • 2 Fireplaces
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Crawl Space

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Covered patio or porch

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1950-06-4157-000

Community Details

Overview

  • No Home Owners Association
  • Private Membership Available
  • Beech Mountain Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,233

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.45
  • Road Surface Type: Paved
  • Subdivision Name: Beech Mountain
  • Above Grade Finished Sq Ft: 1452.0
  • Architectural Style: Chalet/Alpine
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1969
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Two, Gas, Stone, Vented, Propane
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Furnished
  • Living Area: 1452.0
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior Features

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

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, Private

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Fireplace(s)
  • Heating Yn: Yes
  • Sewer: Septic Permit Unavailable
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Fitness Center, Golf, Lake, 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 #: 1950-06-4157-000
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2233.15
  • Tax Book Number: 1949/540

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2024
Sold by
Naramore Joseph and Caris Investment Group Llc
Bought by
Olson Hayden and Olson Lauren
Current Estimated Value
$554,344

Purchase Details

Closed on
May 8, 2023
Sold by
Naramore Carley and Naramore Joseph
Bought by
Caris Investment Group and Naramore

Purchase Details

Listed on
Oct 7, 2021
Closed on
Jan 31, 2022
Sold by
Knotts Travis L
Bought by
Noramore Carley and Noramore Joseph
Seller's Agent
Karen Cleghorn
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
Garrett Andersson
The Andersson Group
List Price
$430,000
Sold Price
$430,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%
Original Mortgage
$387,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2016
Closed on
Nov 21, 2017
Sold by
Easley Kenneth E and Easley Lois C
Bought by
Knotts Travis L
Seller's Agent
Dick Meier
Buchanan Real Estate
Buyer's Agent
Karen Cleghorn
Blue Ridge Realty & Inv. - Banner Elk
List Price
$172,500
Sold Price
$172,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.42%
Original Mortgage
$172,500
Interest Rate
3.94%
Mortgage Type
VA
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
Olson Hayden $550,000 None Listed On Document
Olson Hayden $550,000 None Listed On Document
Caris Investment Group -- None Listed On Document
Noramore Carley $430,000 None Listed On Document
Knotts Travis L $172,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Noramore Carley $387,000
Previous Owner Knotts Travis L $163,943
Previous Owner Knotts Travis L $172,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2022 02/01/22 Sold $430,000 0.0% $296 / Sq Ft
01/02/2022 01/02/22 Pending -- -- --
10/07/2021 10/07/21 For Sale $430,000 +149.3% $296 / Sq Ft
11/28/2017 11/28/17 Sold $172,500 0.0% $119 / Sq Ft
10/29/2017 10/29/17 Pending -- -- --
08/19/2016 08/19/16 For Sale $172,500 -- $119 / 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 $3,607 $362,000 $32,400 $329,600
2023 $3,568 $362,000 $32,400 $329,600
2022 $3,568 $349,500 $32,400 $317,100
2021 $2,142 $181,700 $37,500 $144,200
2020 $2,142 $181,700 $37,500 $144,200
2019 $2,142 $181,700 $37,500 $144,200
2018 $2,051 $181,700 $37,500 $144,200
2017 $2,051 $181,700 $37,500 $144,200
2013 -- $184,800 $27,000 $157,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 233713

High Country Association of REALTORS®

APN: 1950-06-4157-000