NOT LISTED FOR SALE

121 Sugar Hill Unit 26-D Banner Elk, NC 28604

Estimated Value: $536,153 - $562,000

2 Beds
2 Baths
1,330 Sq Ft
2007 Built

Last Sold May 06, 2013

Last sale price $190,000 $143 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $3,008/month

Highlights

  • Ski Accessible
  • Mountain View
  • Tennis Courts
  • Banner Elk Elementary School Rated A-
  • Mountain Architecture
  • Covered Patio or Porch

About This Home

As of May 2013

Stunning views from this gorgeous villa. Stacked stone fireplace, gourmet kitchen, large master suite, gigantic back deck for entertaining. This is Sugar Mountain living at its finest

Last Agent to Sell the Property

Sam Semple

Sugar Mountain Realty-Dereka's Listed on: 08/18/2012

Last Buyer's Agent

Kathleen Oberle

Sugar Mountain Realty-Dereka's

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,573

Year Built

  • Built in 2007

Home Design

  • Mountain Architecture
  • Shingle Roof
  • Asphalt Roof
  • Shake Siding
  • Hardboard
  • Cedar
  • Stone

Interior Spaces

  • 1,330 Sq Ft Home
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Mountain Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Shared Driveway
  • Paved Parking

Schools

  • Banner Elk Elementary School

Utilities

  • Forced Air Heating System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Property fronts a private road

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 18570006304800004

Community Details

Overview

  • Property has a Home Owners Association
  • The Reserve At Sugar Mountain Subdivision

Recreation

  • Tennis Courts
  • Ski Accessible

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,573

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: The Reserve At Sugar Mountain
  • Above Grade Finished Sq Ft: 1330.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Year Built: 2007
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: One, Gas, Stone, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1330.0

Exterior Features

  • View: Long Range, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Cedar, Hardboard, Shake Siding, Stone
  • Patio And Porch Features: Covered, Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: No Garage, Paved, Shared Driveway

Utilities

  • Heating: Electric, Forced Air, Fireplace(s), Other, See Remarks
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: Cable Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Skiing, Tennis Court(s), Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 18570006304800004
  • Zoning Description: Deed Restrictions
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1573.36
  • Tax Book Number: 413/1171

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2012
Closed on
Apr 23, 2013
Sold by
Hubbs Cheryl L and Seaward Donald E
Bought by
Priest David H and Priest Tammy L
Seller's Agent
Sam Semple
Sugar Mountain Realty-Dereka's
Buyer's Agent
Kathleen Oberle
Sugar Mountain Realty-Dereka's
List Price
$190,000
Sold Price
$190,000
Current Estimated Value
$547,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,384
Avg. Annual Appreciation
8.86%
Original Mortgage
$152,000
Outstanding Balance
$107,872
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$439,512

Purchase Details

Closed on
Apr 10, 2007
Sold by
The Reserve At Sugar Mountain Llc
Bought by
Hubbs Cheryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,450
Interest Rate
6.1%
Mortgage Type
New Conventional
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
Priest David H $190,000 None Available
Hubbs Cheryl L $303,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Priest David H $152,000
Previous Owner Hubbs Cheryl L $151,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2013 05/06/13 Sold $190,000 0.0% $143 / Sq Ft
04/06/2013 04/06/13 Pending -- -- --
08/18/2012 08/18/12 For Sale $190,000 -- $143 / 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 $1,368 $342,100 -- $342,100
2023 $1,368 $342,100 $0 $342,100
2022 $1,368 $342,100 $0 $342,100
2021 $1,088 $197,800 $25,000 $172,800
2020 $1,919 $197,800 $25,000 $172,800
2019 $1,919 $197,800 $25,000 $172,800
2018 $1,088 $197,800 $25,000 $172,800
2017 $1,673 $165,600 $0 $0
2016 $741 $165,600 $0 $0
2015 $741 $165,600 $10,000 $155,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 174525

High Country Association of REALTORS®

APN: 1857-00-06-3048-00004