$295,000
SOLD OCT 9, 2018

138 Grassy Gap Loop Rd Beech Mountain, NC 28604

3 Beds
3.5 Baths
3,285 Sq Ft
0.37 Acres

Recently Sold

$90 Per Sq Ft

4 Days on Market

Highlights

  • Mountain View
  • Mountain Architecture
  • Double Pane Windows
  • Valle Crucis Elementary School Rated A-
  • No HOA
  • Open Patio

About This Home

As of September 2023

Foreclosure. Input for comp purposes.

Last Agent to Sell the Property

NONMLS MEMBER

NONMLS Listed on: 10/05/2018

Last Buyer's Agent

Cindy Giarrusso

Blue Ridge Realty & Investments Beech Mountain

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,380

Year Built

  • Built in 1981

Lot Details

  • 0.37 Acre Lot
  • Zoning described as City,Residential

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Mountain Architecture
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 3,285 Sq Ft Home
  • 3-Story Property
  • Stone Fireplace
  • Double Pane Windows
  • Mountain Views
  • Crawl Space
  • Electric Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Open Patio

Schools

  • Valle Crucis Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Grassy Gap Golf Course Subdivision

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,380

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: 3285.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 1981
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 20
  • Stories: 3

Interior Features

  • Appliances: Electric Cooktop, Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Stone
  • Fireplace: Yes
  • Living Area: 3285.0
  • Stories: 3
  • Window Features: Double Pane Windows

Exterior Features

  • View: Long Range
  • View: Yes
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Paved Driveway
  • Patio And Porch Features: Open
  • Roof: Asphalt, Shingle

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1940-96-5945-000
  • Zoning Description: City,Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4380.0
  • Tax Book Number: 1968/597
  • 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
$1,219,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,403
Avg. Annual Appreciation
1.27%
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 Type Sale Price Title Company
Warranty Deed $1,243,000 None Listed On Document
Special Warranty Deed $295,000 None Available
Deed In Lieu Of Foreclosure $317,000 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $726,201 New Conventional
Previous Owner $317,000 Credit Line Revolving
Previous Owner $350,000 New Conventional
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: 210851

High Country Association of REALTORS®

APN: 1940-96-5945-000