118 Village Cluster Rd Beech Mountain, NC 28604
Estimated Value: $435,000 - $540,000
4
Beds
3
Baths
1,673
Sq Ft
$290/Sq Ft
Est. Value
Highlights
- Ski Accessible
- Golf Course Community
- Fishing
- Valle Crucis Elementary School Rated A-
- Fitness Center
- Mountain View
About This Home
As of October 2023Road to road lots currently have access on Village Cluster Road but a parking deck could easily be added off Beech Mountain Parkway. Year round view, extra lot for a total of .37 acre, metal roof, lots of parking on circular driveway, five decks totalling 737 sf for outdoor entertaining, firepit and plenty of sleeping space highlight this home, within walking distance to the ski slopes. 3 BRs plus a large space on the lower basement level with games, a bar and bunk beds for extra sleeping space, plus a full BA and access to a deck and the yard. Main level above has the master BR, full BA, kitchen and great room that features a stone wood burning fireplace and access to 2 decks, one leading to a cozy firepit/seating area on flat ground. Upper level provides 2 more BRs and a full BA with a view deck. There is a firewood shed off the lower deck, convenient to the firepit and for the fireplace. A current Beech Mountain Club membership is included for interested buyers. Beech Mountain features over a dozen hiking trails, events, shopping, ski resort and community recreation. $22,536 2022 rental income. New radon mitigation/encapsulation system installed April 2023. Inspection available.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,307
Year Built
- Built in 1981
Lot Details
- 0.36 Acre Lot
Home Design
- Chalet
- Wood Frame Construction
- Metal Roof
- Wood Siding
Interior Spaces
- 3-Story Property
- Furnished
- Wood Burning Fireplace
- Stone Fireplace
- Double Pane Windows
- Window Treatments
- Window Screens
- Mountain Views
- Finished Basement
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry on upper level
- Dryer
- Washer
Parking
- No Garage
- Private Parking
- Gravel Driveway
Outdoor Features
- Open Patio
- Fire Pit
- Porch
Schools
- Valle Crucis Elementary School
- Watauga High School
Utilities
- No Cooling
- Baseboard Heating
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Short Term Rentals Allowed
- Long Term Rental Allowed
- Tax Lot 18 and 20
- Assessor Parcel Number 1940-94-7062-000
Community Details
Overview
- No Home Owners Association
- Private Membership Available
- Village Creek Subdivision
- Community Lake
Amenities
- Clubhouse
Recreation
- Golf Course Community
- Tennis Courts
- Fitness Center
- Community Pool
- Fishing
- Trails
- Ski Accessible
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 14, 2023
Closed on
Oct 9, 2023
Sold by
Simpson James C and Simpson Jane
Bought by
Venugopal Krishna
Seller's Agent
Debbie Canady
Superlative Realty Services
Buyer's Agent
Michelle Griffin
High Country Resort Properties
List Price
$499,000
Sold Price
$435,000
Premium/Discount to List
-$64,000
-12.83%
Total Days on Market
209
Views
317
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,605
Avg. Annual Appreciation
14.44%
Original Mortgage
$391,500
Outstanding Balance
$385,689
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$162,927
Similar Homes in Beech Mountain, NC
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Venugopal Krishna | $435,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Venugopal Krishna | $391,500 | |
| Previous Owner | Simpson James C | $100,270 | |
| Previous Owner | Simpson James C | $150,976 | |
| Previous Owner | Simpson James C | $153,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/10/2023 10/10/23 | Sold | $435,000 | -12.8% | $260 / Sq Ft |
| 03/14/2023 03/14/23 | For Sale | $499,000 | -- | $298 / Sq Ft |
Source: High Country Association of REALTORS®
Tax History Compared to Growth
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 | $2,189 | $215,500 | $8,000 | $207,500 |
| 2023 | $2,231 | $215,500 | $8,000 | $207,500 |
| 2022 | $2,231 | $215,500 | $8,000 | $207,500 |
| 2021 | $1,023 | $139,700 | $30,000 | $109,700 |
| 2020 | $1,666 | $139,700 | $30,000 | $109,700 |
| 2019 | $1,666 | $139,700 | $30,000 | $109,700 |
| 2018 | $1,596 | $139,700 | $30,000 | $109,700 |
| 2017 | $1,596 | $139,700 | $30,000 | $109,700 |
| 2013 | -- | $159,800 | $25,000 | $134,800 |
Source: Public Records
Agents Affiliated with this Home
-
Debbie Canady
D
Seller's Agent in 2023
Debbie Canady
Superlative Realty Services
(828) 387-6357
184 in this area
203 Total Sales
-
Michelle Griffin
Buyer's Agent in 2023
Michelle Griffin
High Country Resort Properties
(828) 260-7751
37 in this area
246 Total Sales
Map
Source: High Country Association of REALTORS®
MLS Number: 242340
APN: 1940-94-7062-000
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