NOT LISTED FOR SALE

122 Grassy Gap Loop Rd Beech Mountain, NC 28604

Estimated Value: $880,000 - $1,178,000

4 Beds
3 Baths
3,070 Sq Ft
$329/Sq Ft Est. Value

Last Sold October 19, 2020

Last sale price $527,500 $172 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $6,012/month

116 Days on Market

Highlights

  • Ski Accessible
  • Golf Course Community
  • Spa
  • Valle Crucis Elementary School Rated A-
  • Fitness Center
  • 0.77 Acre Lot

About This Home

As of October 2020

This home is an architectural feast for the eyes beginning as you enter the stunning foyer & notice the overhead beams & handsome woodwork. Magnificent layered vistas may be enjoyed from the wall of windows or the multiple balconies throughout the house. An attractive stone fireplace soars to the second floor. Formal living w/an elegant dining area opens on the a spacious deck. The spectacular views are enhanced for future generations with the inclusion of the lot below, that totals 3/4 of an acre. The step saver kitchen boasts a pantry,a quaint banquette & opens onto a comfy family room. Nice sized bedroom downstairs w/a balcony. There is also a full bath on the first floor. Upstairs includes master suite w/an indoor atrium style balcony, huge walk-in closet, spacious bath including double sinks, spa tub & glass enclosed shower. Another full bath is just down the hall with two lovely bedrooms. Full sized laundry room on the first floor adjoins a vary large garage w/room for cars and a workshop. Tankless gas water heater & LP gas furnace make this the perfect combination. Offered w/quality furnishings. Seller has authorized topping of trees to open up this homes gorgeous view!

Last Agent to Sell the Property

Melissa Berkheimer

Buchanan Real Estate Listed on: 05/25/2020

Co-Listed By

Wilson King

Beech Mountain Realty Inc

Last Buyer's Agent

Debbie Canady

Superlative Realty Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,027

Year Built

  • Built in 1991

Lot Details

  • 0.77 Acre Lot
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Metal Roof
  • Cedar

Interior Spaces

  • 3,070 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Window Screens
  • Mountain Views
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Open Patio
  • Porch

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot GH62/CR227
  • Assessor Parcel Number 1950-06-2445-000

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
  • Trails
  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,027

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.77
  • Road Surface Type: Paved
  • Co List Office Phone: (800) 368-7404
  • Subdivision Name: Grassy Gap High
  • Above Grade Finished Sq Ft: 3070.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1991
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Two, Gas, Stone, Propane, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Furnished, Hot Tub/Spa, Vaulted Ceiling(s)
  • Living Area: 3070.0
  • Stories: 2
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • Pool Features: Community
  • View: Long Range, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Cedar, Frame
  • Exterior Features: Hot Tub/Spa, Paved Driveway
  • Patio And Porch Features: Multiple, Open
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Asphalt, Attached, Driveway, Garage, Two Car Garage, Paved, Private

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Fireplace(s), Propane
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Fitness Center, 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 #: 1950-06-2445-000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5027.0
  • Tax Book Number: 99/916
  • Tax Lot: GH62/CR227

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2020
Closed on
Oct 14, 2020
Sold by
Kelly Vernon A and Kelly Nancy J
Bought by
Gilgallon Jacqueline Anne and Olesen Clayton Lewis
Seller's Agent
Melissa Berkheimer
Buchanan Real Estate
Buyer's Agent
Debbie Canady
Superlative Realty Services
List Price
$527,500
Sold Price
$527,500
Current Estimated Value
$1,008,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,117
Avg. Annual Appreciation
13.33%
Original Mortgage
$370,000
Outstanding Balance
$327,604
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$681,013
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
Gilgallon Jacqueline Anne $527,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilgallon Jacqueline Anne $370,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2020 10/19/20 Sold $527,500 0.0% $172 / Sq Ft
09/19/2020 09/19/20 Pending -- -- --
05/25/2020 05/25/20 For Sale $527,500 -- $172 / 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 $8,548 $875,900 $31,200 $844,700
2024 $8,548 $872,400 $31,200 $841,200
2023 $8,834 $872,400 $31,200 $841,200
2022 $8,834 $877,200 $31,200 $846,000
2021 $4,846 $419,900 $52,500 $367,400
2020 $4,846 $419,900 $52,500 $367,400
2019 $4,846 $419,900 $52,500 $367,400
2018 $4,636 $419,900 $52,500 $367,400
2017 $4,636 $419,900 $52,500 $367,400
2013 -- $478,600 $33,800 $444,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 222009

High Country Association of REALTORS®

APN: 1950-06-2445-000