NOT LISTED FOR SALE

315 Timber Ridge Rd Unit A1 Sugar Mountain, NC 28604

Estimated Value: $197,000 - $209,820

1 Bed
1 Bath
560 Sq Ft
$185/mo HOA Fee

Last Sold September 09, 2022

Last sale price $185,000 $330 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,315/month

56 Days on Market

Highlights

  • Views of Trees
  • Mountain Architecture
  • Covered Patio or Porch
  • Banner Elk Elementary School Rated A-
  • Furnished
  • Double Pane Windows

About This Home

As of September 2022

Back on Market! Buyers got cold feet. Rare Sugar Mountain Condo located at The Timbers! Phenomenal rental history with $35,000 gross in 2021 in $12,000 gross year-to-date in 2022 with local management company. This condo is a lower level unit in a small community of only 5 similar "round house" styled buildings. It features 1 Bedroom, 1 Bathroom, and 560sqft of living space. Just 12 steps from the parking lot to its own private deck and entrance to the condo. Inside you'll find a cozy living area with gas fireplace, large windows and complete kitchen for all your needs including bar top styled seating. Large primary bedroom with modern mountain furnishings as well as a updates full bathroom. Full washer and dryer in unit as well. Outside you have your own covered private deck with a beautiful mountain setting. Plenty of space out here for relaxing in the cooler Summer months. Sold Fully Furnished. Inquire for more details.

Last Agent to Sell the Property

Brandon Freyer

Keller Williams High Country Listed on: 07/14/2022

Keller Williams High Country

Last Buyer's Agent

Brandon Freyer

Keller Williams High Country Listed on: 07/14/2022

Keller Williams High Country

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $468

Year Built

  • Built in 1982

Lot Details

  • 1.54

HOA Fees

  • $185 Monthly HOA Fees

Property Views

  • Trees
  • Seasonal

Home Design

  • Mountain Architecture
  • Geodesic or Dome Home
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 560 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Community Details

  • The Timbers Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1857-06-48-5879-00001

Property Details

Home Type

Condominium

Est. Annual Taxes

$468

Year Built

Built in 1982

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: The Timbers
  • Above Grade Finished Sq Ft: 560.0
  • Architectural Style: Dome/Geodesic, Mountain
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1982
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: One, Gas, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furnished
  • Living Area: 560.0
  • Stories: 1
  • Window Features: Double Pane Windows

Exterior Features

  • View: Seasonal View, Trees/Woods
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Patio And Porch Features: Covered
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Paved, Shared Driveway

Utilities

  • Laundry Features: Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Fireplace(s)
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer, Public Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 555.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 1857-06-48-5879-00001
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 468.0
  • Tax Book Number: 542/966

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Aug 30, 2022
Sold by
Parrilla and Gabriela
Bought by
Cain Timothy R and Cain Jennifer J
Seller's Agent
Brandon Freyer
Keller Williams High Country
Buyer's Agent
Brandon Freyer
Keller Williams High Country
List Price
$194,900
Sold Price
$185,000
Premium/Discount to List
-$9,900
-5.08%
Views
32
Current Estimated Value
$201,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,940
Avg. Annual Appreciation
4.78%
Original Mortgage
$148,000
Outstanding Balance
$139,824
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$72,570

Purchase Details

Listed on
Jan 10, 2020
Closed on
Apr 3, 2020
Sold by
Tarnacki Dennis L and Tarnacki Susan M
Bought by
Parrilla Edwin
Seller's Agent
Patrick Morgan
Keller Williams High Country
Buyer's Agent
Ron Kent
EXP Realty LLC
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.67%
Original Mortgage
$60,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2019
Closed on
Jul 2, 2019
Sold by
Rogers F Michael and Rogers Barbara G
Bought by
Tarnacki Dennis L and Tarnacki Susan M
Seller's Agent
Sam Semple
Sugar Mountain Realty-Dereka's
Buyer's Agent
Kimberly Mateiko
Century 21 Mountain Vistas
List Price
$64,000
Sold Price
$64,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.87%
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
Cain Timothy R $185,000 --
Parrilla Edwin $75,000 None Available
Tarnacki Dennis L $64,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cain Timothy R $148,000
Previous Owner Parrilla Edwin $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Sold $185,000 -5.1% $330 / Sq Ft
07/14/2022 07/14/22 For Sale $194,900 +159.9% $348 / Sq Ft
04/15/2020 04/15/20 Sold $75,000 0.0% $144 / Sq Ft
03/16/2020 03/16/20 Pending -- -- --
01/10/2020 01/10/20 For Sale $75,000 +17.2% $144 / Sq Ft
07/10/2019 07/10/19 Sold $64,000 0.0% $123 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
06/07/2019 06/07/19 For Sale $64,000 -- $123 / 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
2023 $342 $80,200 $0 $80,200
2022 $0 $80,200 $0 $80,200
2021 $281 $48,200 $5,000 $43,200
2020 $483 $48,200 $5,000 $43,200
2019 $468 $48,200 $5,000 $43,200
2018 $265 $48,200 $5,000 $43,200
2017 $533 $52,800 $0 $0
2016 $236 $52,800 $0 $0
2015 $236 $52,800 $5,000 $47,800
Source: Public Records

Agents Affiliated with this Home

  • Brandon Freyer

    Seller's Agent in 2022

    Brandon Freyer

    Keller Williams High Country

    (845) 821-4795

    23 in this area

    148 Total Sales

    Brandon Freyer
    Section Image

  • P

    Seller's Agent in 2020

    Patrick Morgan

    Keller Williams High Country

    (828) 773-2960

    2 in this area

    104 Total Sales

    Patrick Morgan
    Section Image
  • Ron Kent

    Buyer's Agent in 2020

    Ron Kent

    EXP Realty LLC

    (561) 886-5904

    25 in this area

    172 Total Sales

    Ron Kent
    Section Image

  • S

    Seller's Agent in 2019

    Sam Semple

    Sugar Mountain Realty-Dereka's

    (828) 260-2617

    63 in this area

    72 Total Sales

    Sam Semple
    Section Image
  • Kimberly Mateiko

    Buyer's Agent in 2019

    Kimberly Mateiko

    Century 21 Mountain Vistas

    (828) 260-0293

    3 in this area

    124 Total Sales

    Kimberly Mateiko
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 238725

High Country Association of REALTORS®

APN: 1857-06-48-5879-00001

North Carolina Avery County Sugar Mountain 28604

315 Timber Ridge Rd Unit A1, Sugar Mountain, NC

This home is located at 315 Timber Ridge Rd Unit A1, Sugar Mountain, NC 28604 since 14 July 2022 and is currently estimated at $201,940, approximately $360 per square foot. This property was built in 1982. 315 Timber Ridge Rd Unit A1 is a home located in Avery County with nearby schools including Banner Elk Elementary School and Avery Middle School.

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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