NOT LISTED FOR SALE

218 Grassy Gap Loop Rd Beech Mountain, NC 28604

Estimated Value: $864,000 - $1,247,000

4 Beds
3.5 Baths
3,763 Sq Ft
$280/Sq Ft Est. Value

Last Sold April 10, 2020

Last sale price $472,000 $125 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $6,493/month

272 Days on Market

Highlights

  • Golf Course View
  • 0.96 Acre Lot
  • Contemporary Architecture
  • Valle Crucis Elementary School Rated A-
  • Wood Burning Stove
  • No HOA

About This Home

As of April 2020

Mountain Home on almost 1-acre on Beech Mtn. adjacent to the 9th tee on Beech Mountain Golf Course. An adjoining .48-acre lot gives control over 120-degree long-range unobstructed views. Circular driveway with level entry. Open floor plan and large windows greet you with abundant light. Main level has one bedroom, large casual living room, stone fireplace and dining room looks out to soaring views. Large kitchen has an eat-in bar, upgraded appliances, granite counter tops, wood stove and family room with a wet bar to entertain. Step onto the large deck to enjoy the sounds of the waterfall in the pond below. Open staircase to the second level to find newly installed wood floors and new carpeting throughout, a bunkroom for lots of kids, second guest bedroom and newly remodeled full bath. Master suite offers its own balcony, walk-in closet and a bath with double vanity and a large walk-in shower. Lower level open floor plan can be used in many ways. Spacious family room has a wood burning stove, lots of windows/natural light and is currently being partially used as a guest sleeping area. There is a spacious bath as well as a bonus room that can be used for a playroom or storage.

Last Agent to Sell the Property

Amy Pepin

Premier Sotheby's International Realty- Banner Elk Listed on: 06/12/2019

Premier Sotheby's International Realty- Banner Elk

Last Buyer's Agent

Margo Lenmark

Allen Tate Realtors Boone

Allen Tate Realtors Boone

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,188

Year Built

  • Built in 1986

Lot Details

  • 0.96

Parking

  • 2 Car Attached Garage

Property Views

  • Golf Course
  • Mountain

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Shake Roof
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Finished Basement

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Valle Crucis Elementary School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • 0.96 Acre Lot

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 111,115
  • Assessor Parcel Number 1940881591000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,188

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.96
  • Road Surface Type: Paved
  • Subdivision Name: Grassy Gap Golf Course
  • Above Grade Finished Sq Ft: 2838.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1986
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Finished, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 925.0
  • Fireplace Features: Gas, Stone, Vented, Wood Burning, Insert, Propane, Wood BurningStove
  • Fireplace: Yes
  • Living Area: 3763.0
  • Stories: 2

Exterior Features

  • View: Golf Course, Long Range
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple
  • Roof: Shake, Wood

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Two Car Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Fireplace(s), Propane, Wood Stove
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • 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 #: 1940881591000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5188.0
  • Tax Book Number: 1982/348
  • Tax Lot: 111,115

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2019
Closed on
Apr 10, 2020
Sold by
Polin Alan N and Polin Sharon L
Bought by
Whitt Zachary Bert and Whitt Meghan Dal
Seller's Agent
Amy Pepin
Premier Sotheby's International Realty- Banner Elk
Buyer's Agent
Margo Lenmark
Allen Tate Realtors Boone
List Price
$472,000
Sold Price
$472,000
Current Estimated Value
$1,053,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$581,780
Avg. Annual Appreciation
17.41%
Original Mortgage
$377,600
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2017
Closed on
Jul 12, 2018
Sold by
Gatto Michael V and Gatto Carol M
Bought by
Polin Alan J and Polin Sharon L
Seller's Agent
Dara Barnes
The Summit Group Of The Carolinas
Buyer's Agent
Zoe Schmidinger
The Summit Group Of The Carolinas
List Price
$433,000
Sold Price
$433,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%
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
Whitt Zachary Bert $472,000 None Available
Polin Alan J $433,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitt Zachary Bert $376,000
Closed Whitt Zachary Bert $377,600
Previous Owner Gatto Michael $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2020 04/10/20 Sold $472,000 0.0% $125 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
06/12/2019 06/12/19 For Sale $472,000 +9.0% $125 / Sq Ft
07/16/2018 07/16/18 Sold $433,000 0.0% $160 / Sq Ft
06/16/2018 06/16/18 Pending -- -- --
06/07/2017 06/07/17 For Sale $433,000 -- $160 / 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 $7,465 $760,600 $38,900 $721,700
2023 $7,671 $760,600 $38,900 $721,700
2022 $7,671 $760,600 $38,900 $721,700
2021 $4,863 $421,400 $60,000 $361,400
2020 $4,863 $421,400 $60,000 $361,400
2019 $4,863 $421,400 $60,000 $361,400
2018 $4,652 $421,400 $60,000 $361,400
2017 $4,652 $421,400 $60,000 $361,400
2013 -- $471,500 $123,800 $347,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 214720

High Country Association of REALTORS®

APN: 1940-88-1591-000