NOT LISTED FOR SALE

165 Hornbeam Rd Beech Mountain, NC 28604

Estimated Value: $488,000 - $774,000

5 Beds
3 Baths
2,037 Sq Ft
$311/Sq Ft Est. Value

Last Sold February 20, 2024

Last sale price $725,000 $356 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $3,649/month

38 Days on Market

Highlights

  • Spa
  • Mountain Architecture
  • No HOA
  • Valle Crucis Elementary School Rated A-
  • Furnished
  • 1 Car Attached Garage

About This Home

As of February 2024

This renovated Beech Mountain home has an excellent rental history, is located on a paved road and close to slopes, and is now available for purchase. Since buying, the sellers have updated this home from the mechanics to the aesthetics, and you will appreciate the improvements. $67,244.89 is the short-term rental return based on history or reservations for the dates of 3/10/23 through 2/9/24, and this reflects six full weeks that sellers used the property for themselves to manage updates. That's an excellent return for a new property without an entire year on the rental market. Please ask your agent to see the list of repairs and updates provided by the sellers. From exterior and interior painting, interior renovations, brand new furnishings, new hot tub, new flooring, new tongue and groove ceilings, and infrastructure improvements, it's a turn-key home you will be proud to call your own. To boot, the sellers also purchased the adjoining unimproved lot addressed as 163 Hornbeam, and certainly, it offers opportunity and additional privacy.

Last Agent to Sell the Property

Stacie Pineda

Stacie Pineda Real Estate Group Brokerage Phone: (828) 773-4761 Listed on: 01/12/2024

Stacie Pineda Real Estate Group

Last Buyer's Agent

NONMLS MEMBER

NONMLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,547

Year Built

  • Built in 1987

Lot Details

  • 0.57

Parking

  • 1 Car Attached Garage

Home Design

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

Interior Spaces

  • 3-Story Property
  • Furnished
  • Stone Fireplace
  • Gas Fireplace
  • Partially Finished Basement
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating

Additional Features

  • Spa
  • 0.57 Acre Lot

Community Details

  • No Home Owners Association
  • Charter Hills Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 103 & 105
  • Assessor Parcel Number 1950431111000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,547

Year Built

Built in 1987

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.57
  • Road Surface Type: Paved
  • Subdivision Name: Charter Hills
  • Above Grade Finished Sq Ft: 1423.0
  • Architectural Style: Cottage, Mountain
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 1987
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (828) 773-4761
  • General Property Information Below Grade Unfinished Area: 292.0
  • Special Features: None
  • Stories: 3

Interior Features

  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 614.0
  • Fireplace Features: Gas, Other, See Remarks, Stone, Vented
  • Fireplace: Yes
  • Interior Amenities: Furnished
  • Living Area: 2037.0
  • Stories: 3

Exterior Features

  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Hot Tub/Spa
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, One Car Garage

Utilities

  • Laundry Features: Main Level
  • Cooling: Electric, Other, See Remarks
  • Cooling Y N: Yes
  • Heating: Baseboard, Ductless, Electric
  • 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
  • High School: Watauga

Lot Info

  • Parcel #: 1950431111000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3546.9
  • Tax Book Number: 2308/806
  • Tax Lot: 103 & 105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Feb 13, 2024
Sold by
Baucom Lauren Ashley and Baucom Brian
Bought by
4A Property Holdings Llc
Seller's Agent
Stacie Pineda
Stacie Pineda Real Estate Group
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$725,000
Sold Price
$725,000
Views
12
Current Estimated Value
$633,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$91,564
Avg. Annual Appreciation
-7.95%

Purchase Details

Listed on
Jul 4, 2022
Closed on
Nov 18, 2022
Sold by
Desouza Benoy P and Desouza Naressa M
Bought by
Baucom Lauren Ashley and Baucom Brian
Seller's Agent
Debbie Canady
Superlative Realty Services
Buyer's Agent
Stacie Pineda
Stacie Pineda Real Estate Group
List Price
$445,000
Sold Price
$455,000
Premium/Discount to List
$10,000
2.25%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.16%
Original Mortgage
$409,500
Interest Rate
6.94%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 5, 2015
Sold by
Fieldhouse Warren W and Fieldhouse Judith D
Bought by
Desouza Benoy P and Desouza Naressa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,375
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
4A Property Holdings Llc $697,500 None Listed On Document
4A Property Holdings Llc $697,500 None Listed On Document
Baucom Lauren Ashley $455,000 --
Desouza Benoy P $148,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baucom Lauren Ashley $409,500
Previous Owner Desouza Benoy P $111,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/20/2024 02/20/24 Sold $725,000 0.0% $356 / Sq Ft
01/12/2024 01/12/24 For Sale $725,000 +59.3% $356 / Sq Ft
11/22/2022 11/22/22 Sold $455,000 +2.2% $217 / Sq Ft View Prior Sale
11/13/2022 11/13/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $445,000 0.0% $212 / Sq Ft
10/02/2022 10/02/22 Off Market $445,000 -- --
08/30/2022 08/30/22 Price Changed $445,000 -10.1% $212 / Sq Ft
07/25/2022 07/25/22 Price Changed $495,000 -16.1% $236 / Sq Ft
07/04/2022 07/04/22 For Sale $590,000 +297.3% $281 / Sq Ft
01/11/2016 01/11/16 Sold $148,500 0.0% $76 / Sq Ft View Prior Sale
12/12/2015 12/12/15 Pending -- -- --
07/01/2015 07/01/15 For Sale $148,500 -- $76 / 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 $3,326 $333,000 $15,700 $317,300
2023 $3,489 $341,600 $15,700 $325,900
2022 $3,489 $341,600 $15,700 $325,900
2021 $2,002 $169,300 $20,000 $149,300
2020 $2,002 $169,300 $20,000 $149,300
2019 $2,002 $169,300 $20,000 $149,300
2018 $1,917 $169,300 $20,000 $149,300
2017 $1,917 $169,300 $20,000 $149,300
2013 -- $192,100 $20,000 $172,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 247440

High Country Association of REALTORS®

APN: 1950-43-1111-000