Seller's Agent in 2024
Chad Gryder
Appalachian Properties
(828) 295-2062
3 in this area
98 Total Sales
276 River Pond Sugar Grove, NC 28679
Estimated Value: $917,000 - $1,300,000
3
Beds
3.5
Baths
2,485
Sq Ft
$449/Sq Ft
Est. Value
Highlights
- River Access
- Home fronts a pond
- River View
- Watauga High School Rated A-
- Gated Community
- 2.14 Acre Lot
About This Home
As of May 2024Stunning furnished log home built with attention to every detail. Perfectly situated on 2.14 acres and the only home perched above the confluence of the Watauga River and Cove Creek. Large lot allows control of river and mountain views. River Mill is an idyllic small gated community on the Watauga River just minutes from Boone, Valle Crucis, and Watauga Lake. This three-bedroom, three-and-a-half bath log home features a primary bedroom on the main level and two bedrooms upstairs. Each bedroom has its own bathroom. The open floor plan of the main level boasts hardwood floors, a vaulted ceiling, a gorgeous stone fireplace, and a large dining area. The spacious kitchen has granite countertops, double wall ovens with a warming tray, a five-burner gas cooktop, and stainless steel appliances. The main level is also home to two screened porches. One is off the primary bedroom and has a second stone fireplace to keep you warm as you look out over the river to mountains and pastures. There is well also plenty of other open and covered deck space to enjoy your view of the Watauga River and beyond. Additional main-level features are a pantry, powder room, and laundry that make it truly one-level living. Upstairs, there’s a loft that's perfect as an office, den, or bunk room. There are heated tile floors throughout the home. Hard to find a detached two-car garage with a floored storage area above. There is community river access with over an acre of well-maintained common area along the Watauga River. River Mill also maintains the community pond, small pavilion, and picnic area. Short-term rentals are allowed.
Last Agent to Sell the Property
Appalachian Properties Brokerage Phone: (828) 719-6220 Listed on: 03/26/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,807
Year Built
- Built in 2013
Lot Details
- 2.14 Acre Lot
- Home fronts a pond
- Property fronts a private road
HOA Fees
- $125 Monthly HOA Fees
Parking
- 2 Car Garage
- Gravel Driveway
Property Views
- River
- Pasture
- Mountain
Home Design
- Mountain Architecture
- Log Cabin
- Wood Frame Construction
- Metal Roof
- Wood Siding
- Log Siding
Interior Spaces
- 2,485 Sq Ft Home
- 2-Story Property
- Furnished
- Vaulted Ceiling
- 2 Fireplaces
- Stone Fireplace
- Gas Fireplace
- Propane Fireplace
- Double Pane Windows
- Radiant Floor
- Crawl Space
- Home Security System
Kitchen
- Double Oven
- Gas Cooktop
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- River Access
- Stream or River on Lot
- Covered Patio or Porch
Schools
- Cove Creek Elementary School
- Watauga High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Propane
- Shared Well
- Electric Water Heater
- Septic Tank
- Septic System
- Private Sewer
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Short Term Rentals Allowed
- Long Term Rental Allowed
- Assessor Parcel Number 1961-77-7952-000
Community Details
Overview
- River Mill Subdivision
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 26, 2024
Closed on
May 10, 2024
Sold by
Dubrule Michael Anthony and Dubrule Deborah
Bought by
Faulkner Edward and Faulkner Melissa
Seller's Agent
Chad Gryder
Appalachian Properties
Buyer's Agent
Tara Phipps
A-1 Mountain Realty
List Price
$1,190,000
Sold Price
$1,145,000
Premium/Discount to List
-$45,000
-3.78%
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,574
Avg. Annual Appreciation
-0.51%
Original Mortgage
$550,000
Outstanding Balance
$544,218
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$592,952
Purchase Details
Listed on
Apr 14, 2021
Closed on
May 24, 2021
Sold by
Montgomery Richard L and Montgomery Brenda
Bought by
Dubrule Michael Anthony and Dubrule Deborah
Seller's Agent
Tim Baxter
Baxter Mountain Properties
Buyer's Agent
Chad Gryder
Appalachian Properties
List Price
$774,600
Sold Price
$774,600
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.32%
Original Mortgage
$424,600
Interest Rate
2.9%
Mortgage Type
VA
Purchase Details
Closed on
Nov 10, 2010
Sold by
Valle River Llc
Bought by
Montgomery Rick and Montgomery Brenda
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Faulkner Edward | $1,145,000 | None Listed On Document | |
| Dubrule Michael Anthony | $775,000 | None Available | |
| Montgomery Rick | $91,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Faulkner Edward | $550,000 | |
| Previous Owner | Dubrule Michael Anthony | $424,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2024 05/15/24 | Sold | $1,145,000 | -3.8% | $461 / Sq Ft |
| 03/27/2024 03/27/24 | For Sale | $1,190,000 | +53.6% | $479 / Sq Ft |
| 06/14/2021 06/14/21 | Sold | $774,600 | 0.0% | $316 / Sq Ft |
| 05/15/2021 05/15/21 | Pending | -- | -- | -- |
| 04/14/2021 04/14/21 | For Sale | $774,600 | -- | $316 / Sq Ft |
Source: High Country Association of REALTORS®
Tax History Compared to Growth
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 | $2,808 | $735,000 | $102,700 | $632,300 |
| 2023 | $2,785 | $735,000 | $102,700 | $632,300 |
| 2022 | $2,785 | $735,000 | $102,700 | $632,300 |
| 2021 | $2,119 | $450,100 | $89,300 | $360,800 |
| 2020 | $2,119 | $450,100 | $89,300 | $360,800 |
| 2019 | $2,119 | $450,100 | $89,300 | $360,800 |
| 2018 | $1,894 | $450,100 | $89,300 | $360,800 |
| 2017 | $1,894 | $450,100 | $89,300 | $360,800 |
| 2013 | -- | $122,300 | $122,300 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Chad Gryder
-
Tara Phipps
Buyer's Agent in 2024
Tara Phipps
A-1 Mountain Realty
(828) 406-2002
1 in this area
48 Total Sales
-
Tim Baxter
Seller's Agent in 2021
Tim Baxter
Baxter Mountain Properties
(828) 265-9010
5 in this area
50 Total Sales
Map
Source: High Country Association of REALTORS®
MLS Number: 248652
APN: 1961-77-7952-000
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