315 Timber Ridge Rd Unit A1 Sugar Mountain, NC 28604
Estimated Value: $202,574 - $218,000
1
Bed
1
Bath
560
Sq Ft
$185/mo
HOA Fee
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 2022Back 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.
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
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%
Total Days on Market
56
Views
32
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
$27,394
Avg. Annual Appreciation
5.36%
Original Mortgage
$148,000
Outstanding Balance
$139,824
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$72,844
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%
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
Similar Homes in Sugar Mountain, NC
Home Values in the Area
Average Home Value in this Area
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
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
20 in this area
151 Total Sales
-
Patrick Morgan
P
Seller's Agent in 2020
Patrick Morgan
Keller Williams High Country
(828) 773-2960
2 in this area
108 Total Sales
-
Ron Kent
Buyer's Agent in 2020
Ron Kent
EXP Realty LLC
(561) 886-5904
26 in this area
177 Total Sales
-
Sam Semple
S
Seller's Agent in 2019
Sam Semple
Sugar Mountain Realty-Dereka's
(828) 260-2617
64 in this area
71 Total Sales
-
Kimberly Mateiko
Buyer's Agent in 2019
Kimberly Mateiko
Century 21 Mountain Vistas
(828) 260-0293
3 in this area
131 Total Sales
Map
Source: High Country Association of REALTORS®
MLS Number: 238725
APN: 1857-06-48-5879-00001
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.
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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