NOT LISTED FOR SALE

124 Cherry Gap Rd Beech Mountain, NC 28604

Estimated Value: $400,000 - $437,000

2 Beds
3 Baths
1,350 Sq Ft
$306/Sq Ft Est. Value

Last Sold August 03, 2018

Last sale price $160,000 $119 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $2,420/month

233 Days on Market

Highlights

  • Ski Accessible
  • Chalet
  • Clubhouse
  • Valle Crucis Elementary School Rated A-
  • Private Membership Available
  • Seasonal View

About This Home

As of August 2018

IMMACULATELY maintained & updated classic chalet home located on Beech Mountain and a short distance to the Beech Mtn. Club's driving range. There are 3 bedrooms (county septic records are for a 2 bedroom) and 3 full baths, 2 bedrooms & 2 full baths are on the main level as well as the laundry room. The open floor plan looks out onto a nice large deck that has a small seasonal view and this home has lots of privacy and a hiking trail across the street. There is a manual crank elevator on the deck for groceries/luggage. Wood floors throughout most of the home except the bathrooms which have tile floors. The loft bedroom is very large and has a full bath. Owners just installed new Pella wood sliding doors that open out to the deck and house & deck have been recently painted. All maintenance has been done so all you have to do is pack your suitcases! Home being sold fully furnished and has great rental potential !

Last Agent to Sell the Property

Cindy Giarrusso

Blue Ridge Realty & Investment Listed on: 11/12/2017

Last Buyer's Agent

Liz Desmond

Heavenly Mountain Properties, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,283

Year Built

  • Built in 1981

Lot Details

  • 0.41 Acre Lot
  • Zoning described as Residential,Subdivision

Home Design

  • Chalet
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Stucco Exterior
  • Hardboard

Interior Spaces

  • 1,350 Sq Ft Home
  • 2-Story Property
  • Stone Fireplace
  • Double Pane Windows
  • Seasonal Views
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Driveway
  • Paved Parking

Outdoor Features

  • Open Patio

Schools

  • Valle Crucis Elementary School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 56
  • Assessor Parcel Number 1941-72-3404-000

Community Details

Overview

  • Private Membership Available

Amenities

  • Clubhouse
  • Service Elevator

Recreation

  • Tennis Courts
  • Community Pool
  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,283

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Road Surface Type: Gravel
  • Above Grade Finished Sq Ft: 1350.0
  • Architectural Style: Chalet/Alpine
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1981
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: One, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1350.0
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Features: Community
  • View: Seasonal View
  • Home Warranty: No
  • Construction Type: Frame, Hardboard, Stucco, Wood Siding
  • Exterior Features: Paved Driveway
  • Patio And Porch Features: Open
  • Roof: Asphalt, Shingle

Garage/Parking

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

Utilities

  • Green Building Features: Freight Elevator
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Pool, Skiing, Tennis Court(s), Long Term Rental Allowed, Short Term Rental Allowed

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1941-72-3404-000
  • Zoning Description: Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1283.0
  • Tax Book Number: 1421/79
  • Tax Lot: 56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2017
Closed on
Aug 1, 2018
Sold by
Yu Younk Taek and Yu In Sook
Bought by
Knight Brian M and Knight Courtney L
Seller's Agent
Cindy Giarrusso
Blue Ridge Realty & Investment
Buyer's Agent
Liz Desmond
Heavenly Mountain Properties, LLC
List Price
$160,000
Sold Price
$160,000
Current Estimated Value
$412,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,987
Avg. Annual Appreciation
14.16%
Original Mortgage
$60,000
Outstanding Balance
$52,108
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$360,879

Purchase Details

Closed on
Jan 23, 2009
Sold by
Federal National Mortgage Association
Bought by
Yu Young Taek and Yu In Sook

Purchase Details

Closed on
Oct 21, 2008
Sold by
Kellam & Pettiet Pa
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 28, 2006
Sold by
Debolt Thomas H and Debolt Susan E
Bought by
Gwaltney Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
6.46%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Knight Brian M $160,000 None Available
Yu Young Taek -- --
Federal National Mortgage Association -- None Available
Gwaltney Michael L $207,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knight Brian M $60,000
Previous Owner Gwaltney Michael L $207,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2018 08/03/18 Sold $160,000 0.0% $119 / Sq Ft
07/04/2018 07/04/18 Pending -- -- --
11/12/2017 11/12/17 For Sale $160,000 -- $119 / 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 $2,651 $263,200 $15,000 $248,200
2023 $2,684 $260,900 $15,000 $245,900
2022 $2,684 $260,900 $15,000 $245,900
2021 $1,339 $110,900 $15,000 $95,900
2020 $1,339 $110,900 $15,000 $95,900
2019 $1,339 $110,900 $15,000 $95,900
2018 $1,283 $110,900 $15,000 $95,900
2017 $1,283 $110,900 $15,000 $95,900
2013 -- $131,100 $13,100 $118,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 204484

High Country Association of REALTORS®

APN: 1941-72-3404-000