NOT LISTED FOR SALE

138 Grassy Gap Loop Rd Beech Mountain, NC 28604

Estimated Value: $1,025,000 - $1,466,000

4 Beds
4.5 Baths
3,274 Sq Ft
$380/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $1,243,000 $380 Per Sq Ft

Current estimated payment $7,673/month

61 Days on Market

Highlights

  • Ski Accessible
  • Golf Course Community
  • Golf Course View
  • Valle Crucis Elementary School Rated A-
  • Fitness Center
  • Private Membership Available

About This Home

As of September 2023

BEST OF BOTH WORLDS! Imagine sitting on your deck soaking in the vast mountain ranges AND having the Beech Mountain Golf Course across the street! This magnificent home will not disappoint as homes in this area sell quickly. Be prepared to be amazed as you enter this extensively RENOVATED Modern & Rustic mountain retreat designed to showcase the EXPANSIVE LONG RANGE VIEWS! This home definitely has it all, featuring 4 BEDROOM en suites plus a 1/2 bath as well as a 2 car garage. The family room has vaulted ceilings w/rustic beams & a floor to ceiling stone wood burning fireplace. The luxurious kitchen has new stainless appliances, quartz counters, tile backsplash, painted cabinetry & recessed lighting. The primary bedroom suite has new carpet & a beautifully renovated bath w/ walk-in shower. The upper level has a loft area w/ reading nook plus 2 bedrooms w/ private baths & walk in showers. The lower level features the 2nd family room w/ mini kitchen plus an add'l bedroom & full bath. There is new carpet and LVP flooring throughout. Being sold PARTIALLY FURNISHED. Beech Mountain Club Membership is current, buyers to pay transfer fee & dues to be prorated at closing.

Last Agent to Sell the Property

Cindy Giarrusso

Blue Ridge Realty & Investments Beech Mountain Brokerage Phone: 828-737-3100 Listed on: 07/14/2023

Last Buyer's Agent

Margaret Holder

Keller Williams High Country

Keller Williams High Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,577

Year Built

  • Built in 1981

Lot Details

  • 0.37

Parking

  • 2 Car Garage
  • Driveway

Property Views

  • Golf Course
  • Mountain

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Metal Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Stone Fireplace
  • Window Treatments
  • Crawl Space

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

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

Additional Features

  • Covered patio or porch
  • 0.37 Acre Lot

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 51
  • Assessor Parcel Number 1940-96-5945-000

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,577

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.37
  • Road Surface Type: Paved
  • Subdivision Name: Grassy Gap Golf Course
  • Above Grade Finished Sq Ft: 2211.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 1981
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 828-737-3100
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1063.0
  • Fireplace Features: One, Stone, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Furnished, Vaulted Ceiling(s), Window Treatments
  • Living Area: 3274.0
  • Stories: 3
  • Window Features: Window Treatments

Exterior Features

  • Pool Features: Community
  • View: Golf Course, Long Range
  • View: Yes
  • Home Warranty: No
  • Construction Type: Stucco, Wood Siding, Wood Frame
  • Exterior Features: Paved Driveway
  • Patio And Porch Features: Covered, Open
  • Roof: Asphalt, Metal, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, 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, Pickleball, 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 #: 1940-96-5945-000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8577.0
  • Tax Book Number: 1995/885
  • Tax Lot: 51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Sep 12, 2023
Sold by
Murray Janet S
Bought by
Vincent Altamura Revocable Trust and Altamura
Seller's Agent
Cindy Giarrusso
Blue Ridge Realty & Investments Beech Mountain
Buyer's Agent
Margaret Holder
Keller Williams High Country
List Price
$1,295,000
Sold Price
$1,243,000
Premium/Discount to List
-$52,000
-4.02%
Views
29
Current Estimated Value
$1,245,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,738
Avg. Annual Appreciation
1.34%
Original Mortgage
$726,201
Outstanding Balance
$714,049
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$558,686

Purchase Details

Listed on
Oct 5, 2018
Closed on
Oct 2, 2018
Sold by
U S Bank National Association
Bought by
Murray Richard A and Murray Janet S
Seller's Agent
NONMLS MEMBER
NONMLS
Buyer's Agent
Cindy Giarrusso
Blue Ridge Realty & Investments Beech Mountain
List Price
$295,000
Sold Price
$295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.88%

Purchase Details

Closed on
Feb 12, 2018
Sold by
Perkins Susan Nathanson
Bought by
Us Bank National Association and Rmac Trust

Purchase Details

Closed on
May 7, 2010
Sold by
Nathanson Monica S
Bought by
Nathanson Monica S and Perkins Susan Nathanson
Source: Public Records

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Range of Values:

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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
Vincent Altamura Revocable Trust $1,243,000 None Listed On Document
Murray Richard A $295,000 None Available
Us Bank National Association $317,000 None Available
Nathanson Monica S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vincent Altamura Revocable Trust $726,201
Previous Owner Nathanson Monica S $317,000
Previous Owner Nathanson Monica S $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold $1,243,000 -4.0% $380 / Sq Ft
07/14/2023 07/14/23 For Sale $1,295,000 +339.0% $396 / Sq Ft
10/09/2018 10/09/18 Sold $295,000 0.0% $90 / Sq Ft
10/05/2018 10/05/18 Sold $295,000 0.0% $90 / Sq Ft
10/05/2018 10/05/18 For Sale $295,000 -1.6% $90 / Sq Ft
09/27/2018 09/27/18 Pending -- -- --
09/19/2018 09/19/18 Price Changed $299,900 -6.3% $91 / Sq Ft
08/28/2018 08/28/18 Price Changed $319,900 -3.0% $97 / Sq Ft
08/27/2018 08/27/18 For Sale $329,900 0.0% $100 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $329,900 -- $100 / 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 $8,797 $898,200 $38,100 $860,100
2023 $8,657 $859,400 $38,100 $821,300
2022 $8,657 $859,400 $38,100 $821,300
2021 $4,721 $408,900 $60,000 $348,900
2020 $4,720 $408,800 $60,000 $348,800
2019 $4,351 $376,300 $60,000 $316,300
2018 $4,191 $378,900 $60,000 $318,900
2017 $4,191 $378,900 $60,000 $318,900
2013 -- $497,000 $112,500 $384,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 244683

High Country Association of REALTORS®

APN: 1940-96-5945-000