NOT LISTED FOR SALE

118 Village Cluster Rd Beech Mountain, NC 28604

Estimated Value: $443,000 - $587,000

4 Beds
3 Baths
1,673 Sq Ft
$298/Sq Ft Est. Value

Last Sold October 10, 2023

Last sale price $435,000 $260 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,812/month

209 Days on Market

Highlights

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

About This Home

As of October 2023

Road 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.

Last Agent to Sell the Property

Debbie Canady

Superlative Realty Services Listed on: 03/14/2023

Last Buyer's Agent

Michelle Griffin

High Country Resort Properties

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,307

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.36
  • Road Surface Type: Gravel
  • Subdivision Name: Village Creek
  • Above Grade Finished Sq Ft: 1233.0
  • Architectural Style: Chalet/Alpine
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 1981
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (828) 387-3822
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 440.0
  • Fireplace Features: One, Stone, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furnished, Window Treatments
  • Living Area: 1673.0
  • Stories: 3
  • Window Features: Double Pane Windows, Screens, Window Treatments

Exterior Features

  • Pool Features: Community
  • View: Long Range, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Fire Pit, Gravel Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Multiple, Open
  • Roof: Metal

Garage/Parking

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

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • 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, Fitness Center, Fishing, 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 #: 1940-94-7062-000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2306.54
  • Tax Book Number: 602/715
  • Tax Lot: 18 and 20

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%
Views
317
Current Estimated Value
$498,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,139
Avg. Annual Appreciation
12.57%
Original Mortgage
$391,500
Outstanding Balance
$385,689
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$162,927
Source: Public Records

Range of Values:

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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
Venugopal Krishna $435,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Venugopal Krishna $391,500
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

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 $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

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Map

Source: High Country Association of REALTORS®

MLS Number: 242340

High Country Association of REALTORS®

APN: 1940-94-7062-000