NOT LISTED FOR SALE

268 Sugar Tree Ln Sugar Mountain, NC 28604

Estimated Value: $689,000 - $888,000

3 Beds
2 Baths
2,358 Sq Ft
$323/Sq Ft Est. Value

Sale Details

Date Sold: July 26, 2019

Last sale price $470,000 $199 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,210 / mo

31 Days on Market

Highlights

  • Ski Accessible
  • Golf Course Community
  • Mountain View
  • Banner Elk Elementary School Rated A-
  • 1 Acre Lot
  • Clubhouse

About This Home

As of July 2019

Wonderful Sugar Mountain retreat, use as second home or rental. This house is fully equipped to accommodate a large family or extended guests. Sleeps 8 guest comfortably. Open floor plan concept allows you to entertain and gather a large crowd. Multiple decks with a scenic view. Walk out your door to all that Sugar Mountain has to offer with skiing, golf and tennis. The home has an impressive rental history. The rustic and modern decor gives you elevated features and style. The windows are a European feel with easy open for rain or shine. The home features new mini split air conditioners that offer heat also. The crawl space is a walk in with storage area under back deck.

Last Agent to Sell the Property

Zoe Schmidinger

The Summit Group Of The Carolinas Listed on: 05/25/2019

Last Buyer's Agent

Morgan Beck Herdklotz

Premier Sotheby's International Realty- Banner Elk

Premier Sotheby's International Realty- Banner Elk

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,272

Year Built

  • Built in 2006

Lot Details

  • 1

Property Views

  • Mountain
  • Seasonal

Home Design

  • Contemporary Architecture
  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding
  • Shake Siding
  • Stucco Exterior

Interior Spaces

  • 2,358 Sq Ft Home
  • 2-Story Property
  • Factory Built Fireplace
  • Stone Fireplace
  • Double Pane Windows
  • Radiant Floor

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Crawl Space

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit

Schools

  • Banner Elk Elementary School

Utilities

  • Zoned Cooling
  • Heating System Uses Propane
  • Radiant Heating System
  • Baseboard Heating
  • Tankless Water Heater
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • ENERGY STAR Qualified Appliances
  • 1 Acre Lot

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 41
  • Assessor Parcel Number 185706395864

Community Details

Overview

  • No Home Owners Association
  • Otherseeremarks Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,272

Year Built

Built in 2006

Lot Details

1 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Road Surface Type: Paved
  • Subdivision Name: OtherSeeRemarks
  • Above Grade Finished Sq Ft: 2358.0
  • Architectural Style: Contemporary, Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Efficiency: Appliances
  • Building Stories: 2
  • Year Built: 2006
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Range, Gas Water Heater, Refrigerator, Tankless Water Heater, Washer, ENERGY STAR Qualified Appliances
  • Has Basement: Crawl Space, Exterior Entry, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Factory Built, Other, See Remarks, Stone, Fire Pit
  • Fireplace: Yes
  • Living Area: 2358.0
  • Stories: 2
  • Window Features: Double Pane Windows, Other, See Remarks

Exterior Features

  • View: Long Range, Seasonal View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Shake Siding, Stucco, Wood Siding, Wood Frame
  • Exterior Features: Fire Pit, Other, See Remarks, Gravel Driveway
  • Patio And Porch Features: Covered, Multiple, Open, Screened
  • Roof: Architectural, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Main Level
  • Cooling: Electric, 3+ Units, Zoned
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Propane, Other, Radiant Floor, Radiant, See Remarks
  • Heating Yn: Yes
  • Sewer: Septic Permit 3 Bedroom
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Golf, Skiing, Tennis Court(s), Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 185706395864
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3272.0
  • Tax Book Number: 510/2286
  • Tax Lot: 41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2020
Sold by
Cullen Kenneth R and Cullen Janene V
Bought by
Cullen Kenneth R and Cullen Janene V
Current Estimated Value
$760,915

Purchase Details

Listed on
May 25, 2019
Closed on
Jul 15, 2019
Sold by
Revoca Vargosko Eileen Alvarez and Revoca Eileen Alvarez Vargosko
Bought by
Cullen Janene V and Cullen Ken R
Seller's Agent
Zoe Schmidinger
The Summit Group Of The Carolinas
Buyer's Agent
Morgan Beck Herdklotz
Premier Sotheby's International Realty- Banner Elk
List Price
$470,000
Sold Price
$470,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%
Original Mortgage
$376,000
Outstanding Balance
$326,565
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$434,350

Purchase Details

Closed on
Feb 21, 2018
Sold by
Vargosko Eileen A
Bought by
Revoca Vargosko Eileen Alvarez and Eileen Alvarez Vargosko Revocable Trust

Purchase Details

Listed on
Aug 2, 2016
Closed on
Jul 18, 2017
Sold by
Schmidinger Krista M and Quinlan Ann R
Bought by
Vargosko Eileen A
Seller's Agent
Zoe Schmidinger
The Summit Group Of The Carolinas
Buyer's Agent
Zoe Schmidinger
The Summit Group Of The Carolinas
List Price
$365,000
Sold Price
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.77%
Original Mortgage
$292,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cullen Kenneth R -- None Available
Cullen Janene V $470,000 None Available
Revoca Vargosko Eileen Alvarez -- None Available
Vargosko Eileen A $365,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cullen Janene V $376,000
Previous Owner Vargosko Eileen A $292,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2019 07/26/19 Sold $470,000 0.0% $199 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
05/25/2019 05/25/19 For Sale $470,000 +28.8% $199 / Sq Ft
07/28/2017 07/28/17 Sold $365,000 0.0% $170 / Sq Ft View Prior Sale
06/28/2017 06/28/17 Pending -- -- --
08/02/2016 08/02/16 For Sale $365,000 -- $170 / Sq Ft
Source: High Country Association of REALTORS®

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
2025 $2,117 $529,200 $37,500 $491,700
2024 $2,117 $529,200 $37,500 $491,700
2023 $2,074 $529,200 $37,500 $491,700
2022 $2,074 $518,400 $37,500 $480,900
2021 $1,855 $337,300 $37,500 $299,800
2020 $3,272 $337,300 $37,500 $299,800
2019 $3,272 $337,300 $37,500 $299,800
2018 $1,855 $337,300 $37,500 $299,800
2017 $3,467 $343,300 $0 $0
2016 $1,535 $343,300 $0 $0
2015 $1,535 $343,300 $31,300 $312,000
2012 -- $384,900 $50,000 $334,900
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2019

    Zoe Schmidinger

    The Summit Group Of The Carolinas

    (828) 260-8322

    19 in this area

    49 Total Sales

    Zoe Schmidinger
    Section Image
  • Morgan Beck Herdklotz

    Buyer's Agent in 2019

    Morgan Beck Herdklotz

    Premier Sotheby's International Realty- Banner Elk

    (828) 387-1897

    10 in this area

    101 Total Sales

    Morgan Beck Herdklotz
    Section Image
  • Margo Lenmark

    Seller Co-Listing Agent in 2017

    Margo Lenmark

    Howard Hanna Allen Tate Realtors Boone

    (828) 260-0873

    3 in this area

    133 Total Sales

    Margo Lenmark
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 215129

High Country Association of REALTORS®

APN: 1857-06-39-5864-00000

North Carolina Avery County Sugar Mountain 28604

268 Sugar Tree Ln, Sugar Mountain, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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