NOT LISTED FOR SALE

2016 Sugar Mountain Dr Sugar Mountain, NC 28604

Estimated Value: $496,000 - $529,000

4 Beds
2 Baths
1,660 Sq Ft
$310/Sq Ft Est. Value

Last Sold April 12, 2021

Last sale price $311,000 $187 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,819/month

51 Days on Market

Highlights

  • Ski Accessible
  • Golf Course Community
  • Wood Burning Stove
  • Banner Elk Elementary School Rated A-
  • Second Kitchen
  • 2 Fireplaces

About This Home

As of April 2021

Great income producing property! Live in the upper level while renting out the bottom level. This home offers 2 bedroom, 1 bath, laundry, fully updated kitchen and fireplace on both levels. Upper level has a gas log fireplace and lower level has a wood burning stove. Home is within walking distance to Sugar Mtn Ski Slopes. There is a storage area connected to the back of the home to store your mountain bikes, ski/snowboarding gear or even your extra Christmas decorations! Roof was replaced last year. This home is located near all local attractions such as skiing, hiking, Grandfather Mtn, the Blue Ridge Parkway and dining.

Last Agent to Sell the Property

Janelle Jones

Braswell Realty, Inc. Listed on: 01/20/2021

Last Buyer's Agent

Suzanne London

Realty One Group Results-Banne

Realty One Group Results-Banne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $642

Year Built

  • Built in 1980

Lot Details

  • 0.5 Acre Lot
  • Zoning described as Deed Restrictions,Residential

Home Design

  • Cottage
  • Geodesic or Dome Home
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Living Quarters
  • 2 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Propane Fireplace
  • Pull Down Stairs to Attic
  • Finished Basement

Kitchen

  • Second Kitchen
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Open Patio
  • Outbuilding

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • No Cooling
  • Space Heater
  • Wall Furnace
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 28
  • Assessor Parcel Number 185706298498

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Tennis Courts
  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$642

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 850.0
  • Architectural Style: Cottage, Dome/Geodesic
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1980
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Has Basement: Finished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 810.0
  • Fireplace Features: Two, Propane, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Pull Down Attic Stairs, Second Kitchen
  • Living Area: 1660.0
  • Stories: 2

Exterior Features

  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Out Building(s), Gravel Driveway
  • Foundation Details: Basement
  • Other Structures: Living Quarters, Outbuilding
  • Patio And Porch Features: Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, Private

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Fireplace(s), Space Heater, Wood Stove, Wall Furnace
  • 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), Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Parcel #: 185706298498
  • Zoning Description: Deed Restrictions,Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 642.0
  • Tax Book Number: 406/200
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2021
Closed on
Mar 31, 2021
Sold by
Lyerly Christopher and Lyerly Michelle
Bought by
Welsh Kenneth Logan
Seller's Agent
Janelle Jones
Braswell Realty, Inc.
Buyer's Agent
Suzanne London
Realty One Group Results-Banne
List Price
$311,000
Sold Price
$311,000
Current Estimated Value
$514,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,333
Avg. Annual Appreciation
13.07%
Original Mortgage
$270,000
Outstanding Balance
$245,763
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$285,570

Purchase Details

Closed on
Sep 1, 2006
Sold by
Hetzel Michelle M
Bought by
Lyerly Chiristopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Welsh Kenneth Logan $311,000 None Available
Welsh Kenneth Logan $622 None Listed On Document
Lyerly Chiristopher $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welsh Kenneth Logan $270,000
Closed Welsh Kenneth Logan $270,000
Previous Owner Lvery Christopher $143,500
Previous Owner Lyerly Christopher $50,000
Previous Owner Lyerly Chiristopher $112,000
Previous Owner Hetzel Michelle M $13,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2021 04/12/21 Sold $311,000 0.0% $187 / Sq Ft
03/13/2021 03/13/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $311,000 -- $187 / 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 $1,062 $252,600 $37,500 $215,100
2023 $1,010 $252,600 $37,500 $215,100
2022 $1,010 $252,600 $37,500 $215,100
2021 $642 $116,800 $37,500 $79,300
2020 $1,133 $116,800 $37,500 $79,300
2019 $1,133 $116,800 $37,500 $79,300
2018 $642 $116,800 $37,500 $79,300
2017 $1,257 $124,500 $0 $0
2016 $557 $124,500 $0 $0
2015 $557 $124,500 $31,300 $93,200
2012 -- $150,800 $50,000 $100,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 227922

High Country Association of REALTORS®

APN: 1857-06-29-8498-00000