NOT LISTED FOR SALE

29 Sugar Ridge Ln Banner Elk, NC 28604

Estimated Value: $526,000 - $607,000

3 Beds
2 Baths
1,344 Sq Ft
$425/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $444,500 $331 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,175/month

Highlights

  • Mountain View
  • Mountain Architecture
  • Covered Patio or Porch
  • Banner Elk Elementary School Rated A-
  • No HOA
  • Double Pane Windows

About This Home

As of October 2021

RUSTIC CABIN CHARM AND A LONG RANGE VIEW! This mountain home features textured wood siding, wood floors, vaulted ceilings, and a huge deck. The living area is all on the main level, with great room, kitchen, 3 bedrooms and 2 full baths. The kitchen includes "rainforest" granite counter tops, stainless steel appliances, and touch-activated faucet. The bathrooms have tile floors, with granite counter tops and oil-rubbed bronze hardware. The gas log fireplace in the great room has an electric ignitor, and the house comes with two propane tanks with 650 gallon total capacity, PLUS a whole-house 220KW generator wired in and ready to go when needed. The downstairs is a super-sized 2-car garage, and a laundry room. The house was built with trusses so there are no load bearing walls. Other great features include a security system and tankless water heater. The property is 1.16 acres with a large fenced-in yard. Only 4 miles from downtown Banner Elk with dining, shopping, and park. Skiing at Sugar Mountain and Beech Mountain are just minutes away. This is the best value in rustic home with a view in the NC high country, and will be a great primary residence, second home, or rental property!

Last Agent to Sell the Property

Jim Edsall

Keller Williams High Country Listed on: 09/16/2021

Keller Williams High Country

Co-Listed By

Robyn Edsall

Keller Williams High Country

Last Buyer's Agent

Ron Kent

EXP Realty LLC

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,280

Year Built

  • Built in 2008

Lot Details

  • 1.16 Acre Lot
  • Property fronts a private road
  • Property is Fully Fenced

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • 2-Story Property
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Mountain Views
  • Home Security System

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Power Generator
  • Shared Well
  • Tankless Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Sugar Ridge Estates Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1847-01-39-6769-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,280

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.16
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Co List Office Mls Id: 442
  • Co List Office Phone: (828) 898-3111
  • Subdivision Name: Sugar Ridge Estates
  • Above Grade Finished Sq Ft: 1344.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2008
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Stone, Propane
  • Fireplace: Yes
  • Living Area: 1344.0
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Full
  • View: Long Range, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Gravel Driveway
  • Patio And Porch Features: Covered, Multiple
  • Roof: Asphalt, Architectural, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Driveway, Garage, Two Car Garage, Gravel, Private

Utilities

  • Laundry Features: In Basement
  • Security: Security System
  • Cooling: 2 Units, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Fireplace(s)
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Septic Permit 3 Bedroom
  • Utilities: High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Banner Elk
  • High School: Avery County
  • Middle Or Junior School: Avery

Lot Info

  • Parcel #: 1847-01-39-6769-00000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1280.0
  • Tax Book Number: 506/31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Dec 6, 2021
Sold by
Jasek Michael E
Bought by
Sugar Ridge Llc
Seller's Agent
Jim Edsall
Keller Williams High Country
Buyer's Agent
Ron Kent
EXP Realty LLC
List Price
$444,500
Sold Price
$444,500
Current Estimated Value
$571,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,095
Avg. Annual Appreciation
6.47%

Purchase Details

Listed on
Sep 16, 2021
Closed on
Oct 11, 2021
Sold by
Alper Margaret Lee and Herman Roger
Bought by
Jasek Michael E
Seller's Agent
Jim Edsall
Keller Williams High Country
Buyer's Agent
Ron Kent
EXP Realty LLC
List Price
$444,500
Sold Price
$444,500

Purchase Details

Closed on
Mar 23, 2016
Sold by
Mcintire Paul C
Bought by
Paler Gwenyth

Purchase Details

Closed on
Dec 15, 2015
Sold by
Paler Gwenyth and Mcintire Paul C
Bought by
Alper Margaret Lee

Purchase Details

Listed on
Jun 27, 2012
Closed on
Jul 1, 2013
Sold by
Andy Bowersox Inc
Bought by
Mcintire Paul C and Paler Gwenyth
Buyer's Agent
Delaine Parker
Parker Mountain Properties, Inc.
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%

Purchase Details

Closed on
Sep 7, 2007
Sold by
Fellman Kathleen B
Bought by
Andy Bowersox Inc
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
Sugar Ridge Llc -- None Available
Jasek Michael E $444,500 None Available
Paler Gwenyth -- None Available
Alper Margaret Lee -- None Available
Mcintire Paul C $250,000 None Available
Andy Bowersox Inc $40,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2021 10/22/21 Sold $444,500 0.0% $331 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $444,500 +77.8% $331 / Sq Ft
07/03/2013 07/03/13 Sold $250,000 0.0% $187 / Sq Ft View Prior Sale
06/03/2013 06/03/13 Pending -- -- --
06/27/2012 06/27/12 For Sale $250,000 -- $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 $1,852 $400,700 $25,000 $375,700
2023 $1,852 $438,300 $25,000 $413,300
2022 $0 $438,300 $25,000 $413,300
2021 $1,280 $232,700 $25,000 $207,700
2020 $1,280 $232,700 $25,000 $207,700
2019 $1,280 $232,700 $25,000 $207,700
2018 $1,280 $232,700 $25,000 $207,700
2017 $1,327 $241,300 $0 $0
2016 $1,079 $241,300 $0 $0
2015 $1,079 $241,300 $25,000 $216,300
2012 -- $284,300 $40,000 $244,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 233069

High Country Association of REALTORS®

APN: 1847-01-39-6769-00000