NOT LISTED FOR SALE

118 Arrow Wood Rd Beech Mountain, NC 28604

Estimated Value: $686,000 - $790,000

4 Beds
4 Baths
2,352 Sq Ft
$314/Sq Ft Est. Value

Last Sold April 16, 2013

Last sale price $235,000 $100 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $4,441/month

624 Days on Market

Highlights

  • Golf Course Community
  • Mountain View
  • Clubhouse
  • Valle Crucis Elementary School Rated A-
  • Private Membership Available
  • Wooded Lot

About This Home

As of April 2013

An enormous view with a large, newer home. This four bedroom, four bath house was built in 2005 and offers everything you are looking for in mountain living. Tucked on a quiet, wooded lane and minutes from the golf course, ski slopes, pool and tennis courts this home also has a breath taking, panoramic view toward the west. The top floor is open and tastefully furnished. The second floor has three bedrooms one of which is a large master with lovely hardwood floors. The bottom floor is a large game room and den. Priced $30,000 less than Seller's costs. This house is offered with a Beech Mountain Club Membership, buyer is responsible for the $2,000 new member fee.

Last Buyer's Agent

Jim Brooks

Beechwood Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,604

Year Built

  • Built in 2005

Lot Details

  • 0.47 Acre Lot
  • Wooded Lot
  • Zoning described as Deed Restrictions,Residential,Subdivision

Home Design

  • Cottage
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,352 Sq Ft Home
  • Wood Burning Fireplace
  • Double Pane Windows
  • Window Screens
  • Mountain Views
  • Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Open Patio

Schools

  • Valle Crucis Elementary School

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 32
  • Assessor Parcel Number 1940-76-4636-000

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,604

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.47
  • Road Surface Type: Gravel
  • Subdivision Name: Pinnacle Ridge
  • Above Grade Finished Sq Ft: 2352.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 2005
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: One, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Attic
  • Living Area: 2352.0
  • Window Features: Double Pane Windows, Screens

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Golf, Pool, Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1940-76-4636-000
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2604.0
  • Tax Book Number: 1130/252
  • Tax Lot: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2011
Closed on
Apr 3, 2013
Sold by
Kurzer Martin J and Kurzer Karen S
Bought by
Rossabi Joseph and Rossabi Theresa Hopkins
Buyer's Agent
Jim Brooks
Beechwood Realty, Inc.
List Price
$235,000
Sold Price
$235,000
Current Estimated Value
$737,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$502,544
Avg. Annual Appreciation
9.43%
Original Mortgage
$188,000
Outstanding Balance
$135,263
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$582,107

Purchase Details

Closed on
Oct 17, 2005
Sold by
Miller Donald R and Highland Construction Co
Bought by
Kurzer Martin J and Kurzer Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,812
Interest Rate
5.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Rossabi Joseph $235,000 None Available
Kurzer Martin J $289,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rossabi Joseph $188,000
Previous Owner Kurzer Martin J $197,500
Previous Owner Kurzer Martin J $230,812
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2013 04/16/13 Sold $235,000 0.0% $100 / Sq Ft
03/17/2013 03/17/13 Pending -- -- --
07/02/2011 07/02/11 For Sale $235,000 -- $100 / 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 $5,061 $512,200 $39,200 $473,000
2023 $5,192 $512,200 $39,200 $473,000
2022 $5,192 $512,200 $39,200 $473,000
2021 $2,839 $243,100 $31,300 $211,800
2020 $2,839 $243,100 $31,300 $211,800
2019 $2,839 $243,100 $31,300 $211,800
2018 $2,718 $243,100 $31,300 $211,800
2017 $2,718 $243,100 $31,300 $211,800
2013 -- $266,700 $22,000 $244,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 167665

High Country Association of REALTORS®

APN: 1940-76-4636-000