$295,000
SOLD OCT 5, 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

11% Below List Price

90 Days on Market

Highlights

  • Ski Accessible
  • Golf Course Community
  • Wooded Lot
  • Valle Crucis Elementary School Rated A-
  • Community Lake
  • Cathedral Ceiling

About This Home

As of September 2023

Mile high living at its best. A great opportunity to own a fantastic home that's priced to sell. Fabulous views, large decks and a massive fireplace make this home a must see. Huge master suite on the main floor and a beautiful kitchen with lots of counter space. This home is close to the ski slopes, has lake access, hiking and biking trails and wildlife abound. Large deck for entertaining or just enjoying the views. This home has it all. A perfect place to stay cool all summer and be warm and cozy in winter. Its always cool at the Beech, Eastern America's highest town.

Last Agent to Sell the Property

Bob Sinners

Berkshire Hathaway HomeServices Lifestyle Properties License #250360 Listed on: 06/29/2018

Berkshire Hathaway HomeServices Lifestyle Properties

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • Wooded Lot
  • Many Trees

Parking

  • Attached Garage

Home Design

  • Cottage

Interior Spaces

  • Cathedral Ceiling
  • Fireplace

Flooring

  • Wood
  • Tile

Utilities

  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 1940-96-5945-000

Community Details

Overview

  • Community Lake

Recreation

  • Golf Course Community
  • Ski Accessible

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.98366
  • Ratio Close Price By Original Li: 0.89421
  • Ratio Current Price By Acre: 797297.30
  • Ratio Current Price By Sq Ft: 89.80
  • Year Built: 1981
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Inside Entrance, Basement Outside Entrance
  • Upper Level Sq Ft: 547
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Equipment: Exhaust Hood, Refrigerator
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Cathedral Ceiling(s)
  • Laundry Location: Main
  • Room Count: 1
  • Sq Ft Basement: 1029
  • Main Level Sq Ft: 1709
  • Total Sq Ft: 3285
  • Sq Ft Unheated Basement: 300
  • Sq Ft Unheated Total: 300

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Propane, Wall Unit - AC
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Golf Course, Lake, Ski Slopes

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Mountain View, Sloping, Trees, Wooded
  • Lot Size Area: 0.370
  • Parcel Number: 1940-96-5945-000
  • Zoning Specification: Res

Tax Info

  • Tax Value: 378900.00
  • Tax Location: Beech Mountain

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%
Total Days on Market
90
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: Canopy MLS (Canopy Realtor® Association)

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: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3408288

Canopy MLS (Canopy Realtor® Association)

APN: 1940-96-5945-000