NOT LISTED FOR SALE

120 Grassy Gap Loop + 2 Rd Beech Mountain, NC 28604

Estimated Value: $564,000 - $765,000

3 Beds
3 Baths
2,040 Sq Ft
$310/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $280,000 $137 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,652/month

134 Days on Market

Highlights

  • Ski Accessible
  • Golf Course Community
  • Private Pool
  • Valle Crucis Elementary School Rated A-
  • Fitness Center
  • 1.11 Acre Lot

About This Home

As of November 2019

This home has everything you have been looking for in a mountain getaway. Fabulous long range, multi-layer mountain views, 3 lots with house situated above the two lots below for view protection. The home consists of 3BR (one on main level, master in loft and 2nd bedroom space is the large lower area - could put in a wall/closet to split this space for better use), 3BA, kitchen, great room, 2 fireplaces, radon mitigation system installed, oversized 2 car garage, and wonderful deck spaces. This is a very unique and special home - not a cookie cutter! Club membership is current. Small exclusions list - furnished as turnkey. Clean Space barrier in crawl space and gutters installed on the house. Although town maps do not show sewer lines on Grassy Gap Loop or Chestnut Way, the city has acknowledged in writing that the home is serviced as city water and sewer and lines were most likely tied in for sewer further down Chestnut Way. The property encompasses 1.11 acres of land, which has a nice, near flat yard. Besides the garage, there is a paved parking area and driveways, which will accommodate a large number of vehicles.

Last Agent to Sell the Property

Debbie Canady

Superlative Realty Services Listed on: 05/27/2019

Last Buyer's Agent

Tim Holland

Holland Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,024

Year Built

  • Built in 1971

Lot Details

  • 1.11 Acre Lot
  • Partially Wooded Lot
  • Zoning described as Deed Restrictions,Residential

Parking

  • 2 Car Garage
  • Oversized Parking
  • Driveway

Home Design

  • Chalet
  • Mountain Architecture
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Radon Mitigation System

Interior Spaces

  • 3-Story Property
  • Furnished
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Mountain Views

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Private Pool
  • Open Patio

Schools

  • Valle Crucis Elementary 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 63/228,229
  • Assessor Parcel Number 1950-63-4500-000

Community Details

Overview

  • No Home Owners Association
  • Private Membership Available
  • Grassy Gap High Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,024

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.11
  • Road Surface Type: Paved
  • Subdivision Name: Grassy Gap High
  • Above Grade Finished Sq Ft: 1340.0
  • Architectural Style: Chalet/Alpine, Mountain
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 1971
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space, Exterior Entry, Full, Finished, Interior Entry, Other, See Remarks
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 700.0
  • Fireplace Features: Two, Free Standing, Gas, Stone, Vented, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Furnished, Window Treatments
  • Living Area: 2040.0
  • Stories: 3
  • Window Features: Double Pane Windows, Screens, Window Treatments

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Driveway, Garage, Two Car Garage, Oversized, Paved, Private

Utilities

  • Security: Radon Mitigation System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer, Other, See Remarks
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Fitness Center, Golf, Lake, Pool, Skiing, Tennis Court(s), Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1950-63-4500-000
  • Zoning Description: Deed Restrictions,Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3024.0
  • Tax Book Number: 1519/4
  • Tax Lot: 63/228,229

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2019
Closed on
Oct 22, 2019
Sold by
Moya Frank J and Moya Angela Z
Bought by
Ugarte Vincent P and Ugarte Katie M
Seller's Agent
Debbie Canady
Superlative Realty Services
Buyer's Agent
Tim Holland
Holland Realty
List Price
$280,000
Sold Price
$280,000
Current Estimated Value
$631,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,756
Avg. Annual Appreciation
14.20%
Original Mortgage
$224,000
Outstanding Balance
$195,777
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$435,979

Purchase Details

Closed on
Aug 1, 2011
Sold by
Mission To The World Inc
Bought by
Moya Frank J and Moya Angela Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,600
Interest Rate
4.52%
Mortgage Type
New Conventional
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
Ugarte Vincent P $280,000 None Available
Moya Frank J $242,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ugarte Vincent P $224,000
Previous Owner Moya Frank J $193,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2019 11/08/19 Sold $280,000 0.0% $137 / Sq Ft
10/09/2019 10/09/19 Pending -- -- --
05/27/2019 05/27/19 For Sale $280,000 -- $137 / 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 $4,106 $413,500 $32,400 $381,100
2024 $4,106 $413,500 $32,400 $381,100
2023 $4,207 $413,500 $32,400 $381,100
2022 $4,207 $413,500 $32,400 $381,100
2021 $2,677 $228,800 $52,500 $176,300
2020 $2,677 $228,800 $52,500 $176,300
2019 $2,677 $228,800 $52,500 $176,300
2018 $2,562 $228,800 $52,500 $176,300
2017 $2,562 $228,800 $52,500 $176,300
2013 -- $270,600 $93,800 $176,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 215164

High Country Association of REALTORS®

APN: 1950-06-3450-000