NOT LISTED FOR SALE

185 Sugar Hill Unit 29-A Banner Elk, NC 28604

Estimated Value: $656,000 - $704,000

3 Beds
3 Baths
1,650 Sq Ft
$298/mo HOA Fee

Last Sold May 06, 2021

Last sale price $505,000 $306 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,020/month

3 Days on Market

Highlights

  • Ski Accessible
  • Golf Course Community
  • Vaulted Ceiling
  • Banner Elk Elementary School Rated A-
  • Mountain View
  • Mountain Architecture

About This Home

As of May 2021

The one you have been dreaming about-Amazing 270 degree multi-layered mountain views with nothing but natural beauty in your sights! Best view of any building in The Reserve (no buildings or roofs to look over)! Light, Bright, Open floor plan at 5100 ft. elevation. Breathtaking sunsets in highly desirable The Reserve at Sugar Mountain situated at the quiet end of the road near the summit of Sugar Mountain. Living room with gas stone fireplace showcases the endless mountain views through triple sliding glass doors that open on to a 10 X 30 oversized deck with oversized storage area. Perfect for entertaining. Enjoy a Chef's Kitchen featuring stainless steel appliances and an adjacent full size laundry. Spacious master suite opens to deck and features a spa like soaking master bath, separate tile walk in shower and oversized master closets. Guest bedroom with private access to the guest bath. Level entry access with plenty of flat parking and pet friendly. Sold fully furnished - Ready to Enjoy! Minutes from golf, tennis, skiing, shopping and dining. Near Banner Elk/Boone/Blowing Rock. This condo has never been in a rental program, but would be a great investment/rental property.

Last Agent to Sell the Property

John Heinlein

Blue Ridge Realty & Inv. - Banner Elk Listed on: 04/02/2021

Last Buyer's Agent

Jennifer Denny

Howard Hanna Allen Tate Realtors Boone

Howard Hanna Allen Tate Realtors Boone

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,968

Year Built

  • Built in 2006

Lot Details

  • 1.28

HOA Fees

  • $298 Monthly HOA Fees

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Shake Siding
  • Stone Veneer

Interior Spaces

  • 1,650 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Tray Ceiling
  • Vaulted Ceiling
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Window Treatments
  • Mountain Views
  • Crawl Space
  • Attic

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Secondary Bathroom Jetted Tub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Driveway
  • Paved Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 18570006139300001

Community Details

Overview

  • The Reserve At Sugar Mountain Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Trails
  • Ski Accessible

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,968

Year Built

Built in 2006

Lot Details

0

HOA Fees

$298 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: The Reserve At Sugar Mountain
  • Above Grade Finished Sq Ft: 1650.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2006
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Stone, Vented, Propane
  • Fireplace: Yes
  • Interior Amenities: Attic, Tray Ceiling(s), Furnished, Jetted Tub, Vaulted Ceiling(s), Window Treatments
  • Living Area: 1650.0
  • Stories: 2
  • Window Features: Window Treatments

Exterior Features

  • View: Long Range, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Fiber Cement, Shake Siding, Stone Veneer, Wood Frame
  • Exterior Features: Other, See Remarks, Paved Driveway
  • Patio And Porch Features: Covered
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: Driveway, No Garage, Other, Paved, Private, See Remarks

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Fireplace(s), Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Skiing, Tennis Court(s), Trails/Paths, Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 895.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Banner Elk
  • High School: Avery County

Lot Info

  • Parcel #: 18570006139300001
  • Zoning Description: Deed Restrictions,Multi-Family,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2968.0
  • Tax Book Number: 505/817

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
May 6, 2021
Sold by
Guthrie James R and Guthrie Amy W
Bought by
James Robert M and James Mahtaj M
Seller's Agent
John Heinlein
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
Jennifer Denny
Howard Hanna Allen Tate Realtors Boone
List Price
$505,000
Sold Price
$505,000
Current Estimated Value
$676,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,858
Avg. Annual Appreciation
6.79%

Purchase Details

Listed on
Sep 4, 2016
Closed on
Nov 30, 2016
Sold by
Aloma Center Properties Llc
Bought by
Guthrie James R and Guthrie Amy W
Seller's Agent
Chris Wotell
Peak Real Estate Llc
Buyer's Agent
Matt de Camara
Boone Real Estate
List Price
$330,000
Sold Price
$330,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.08%

Purchase Details

Closed on
Sep 5, 2007
Sold by
Howard John M and Howard Kimberly H
Bought by
Aloma Center Properties Llc
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
James Robert M $505,000 None Available
Guthrie James R $1,010 None Listed On Document
Guthrie James R $330,000 None Available
Aloma Center Properties Llc $495,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2021 05/06/21 Sold $505,000 0.0% $306 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $505,000 +53.0% $306 / Sq Ft
12/01/2016 12/01/16 Sold $330,000 0.0% $209 / Sq Ft View Prior Sale
11/01/2016 11/01/16 Pending -- -- --
09/04/2016 09/04/16 For Sale $330,000 -- $209 / 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 $2,059 $482,900 -- $482,900
2023 $2,059 $482,900 $0 $482,900
2022 $2,059 $482,900 $0 $482,900
2021 $1,570 $285,400 $50,000 $235,400
2020 $2,768 $285,400 $50,000 $235,400
2019 $2,768 $285,400 $50,000 $235,400
2018 $1,570 $285,400 $50,000 $235,400
2017 $2,367 $234,400 $0 $0
2016 $1,048 $234,400 $0 $0
2015 $1,048 $234,400 $15,000 $219,400
Source: Public Records

Agents Affiliated with this Home

  • John Heinlein

    Seller's Agent in 2021

    John Heinlein

    Blue Ridge Realty & Inv. - Banner Elk

    (828) 737-3100

    5 in this area

    113 Total Sales

    John Heinlein
    Section Image
  • Jennifer Denny

    Buyer's Agent in 2021

    Jennifer Denny

    Howard Hanna Allen Tate Realtors Boone

    (828) 773-7804

    1 in this area

    30 Total Sales

    Jennifer Denny
    Section Image
  • Chris Wotell

    Seller's Agent in 2016

    Chris Wotell

    Peak Real Estate Llc

    (828) 260-1366

    35 in this area

    93 Total Sales

    Chris Wotell
    Section Image
  • Jim Fitzpatrick

    Seller Co-Listing Agent in 2016

    Jim Fitzpatrick

    Peak Real Estate Llc

    (828) 898-3257

    39 in this area

    94 Total Sales

    Jim Fitzpatrick
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 229284

High Country Association of REALTORS®

APN: 1857-00-06-1393-00001

North Carolina Avery County Banner Elk 28604

185 Sugar Hill Unit 29-A, Banner Elk, NC

This home is located at 185 Sugar Hill Unit 29-A, Banner Elk, NC 28604 since 02 April 2021 and is currently estimated at $676,858, approximately $410 per square foot. This property was built in 2006. 185 Sugar Hill Unit 29-A is a home located in Avery County with nearby schools including Banner Elk Elementary School, Avery Middle School, and Avery County High School.

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High Country Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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