NOT LISTED FOR SALE

28 Hemlock Hill Unit A Beech Mountain, NC 28604

Estimated Value: $280,527 - $358,000

2 Beds
1 Bath
775 Sq Ft
$230/mo HOA Fee

Last Sold September 11, 2020

Last sale price $74,000 $95 Per Sq Ft

Est. 322% increase in value since last sale

Current estimated payment $1,899/month

85 Days on Market

Highlights

  • Cottage
  • Baseboard Heating
  • Wood Siding
  • Banner Elk Elementary School Rated A-
  • Space Heater
  • Stone Fireplace

About This Home

As of September 2020

Investment Opportunity. Rare Stand Alone Condo in Ski Country. Being sold as is and in need of a makeover. Will make a great rental! One level living with open floor plan. Light & Bright 2 Bedroom 1 Bath condo with Washer & Dryer. Mold present in bedrooms and mold found under home see photos. Just minutes to Sugar Mountain Ski Resort, New Alpine Roller Coaster, Fine Dining, Grocery Stores, Parks and Downtown Banner Elk.

Last Agent to Sell the Property

Linda Cramblit

Blue Ridge Realty & Inv. - Banner Elk Listed on: 05/18/2020

Last Buyer's Agent

Linda Cramblit

Blue Ridge Realty & Inv. - Banner Elk Listed on: 05/18/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $265

Year Built

  • Built in 1983

Lot Details

  • Property fronts a private road

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 775 Sq Ft Home
  • 1-Story Property
  • Stone Fireplace

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • No Cooling
  • Space Heater
  • Wall Furnace
  • Baseboard Heating
  • Cable TV Available

Community Details

  • Ski Country Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1858209120120010401

Property Details

Home Type

Condominium

Est. Annual Taxes

$265

Year Built

Built in 1983

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Ski Country
  • Above Grade Finished Sq Ft: 775.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1983
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Refrigerator, Washer
  • Has Basement: Other, See Remarks
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: One, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 775.0
  • Stories: 1

Exterior Features

  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Asphalt, Metal, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Space Heater, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 230.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 1858209120120010401
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 265.1
  • Tax Book Number: 312/51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2023
Sold by
B & K 1 Real Estate Investment Llc
Bought by
Smith Chad and Smith Sarah
Current Estimated Value
$312,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,750
Outstanding Balance
$205,840
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$106,292

Purchase Details

Listed on
May 18, 2020
Closed on
Aug 7, 2020
Sold by
Gregory Robert Howard and Gregory Michelle L
Bought by
B & K 1 Real Estate Investment Llc
Seller's Agent
Linda Cramblit
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
Linda Cramblit
Blue Ridge Realty & Inv. - Banner Elk
List Price
$74,000
Sold Price
$74,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.39%
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
Smith Chad $281,000 None Listed On Document
B & K 1 Real Estate Investment Llc $74,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Chad $210,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2020 09/11/20 Sold $74,000 0.0% $95 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $74,000 -- $95 / 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 $414 $97,000 -- $97,000
2023 $411 $97,000 $0 $97,000
2022 $0 $97,000 $0 $97,000
2021 $291 $50,000 $6,300 $43,700
2020 $265 $48,200 $6,300 $41,900
2019 $265 $48,200 $6,300 $41,900
2018 $265 $48,200 $6,300 $41,900
2017 $282 $51,200 $0 $0
2016 $229 $51,200 $0 $0
2015 $229 $51,200 $3,800 $47,400
Source: Public Records

Agents Affiliated with this Home

  • Linda Cramblit

    Seller's Agent in 2020

    Linda Cramblit

    Blue Ridge Realty & Inv. - Banner Elk

    (828) 737-3100

    76 in this area

    185 Total Sales

    Linda Cramblit
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Map

Source: High Country Association of REALTORS®

MLS Number: 221704

High Country Association of REALTORS®

APN: 1858-20-91-2012-00104-01

North Carolina Avery County Beech Mountain 28604

28 Hemlock Hill Unit A, Beech 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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