NOT LISTED FOR SALE

315 Timber Ridge Rd Unit C9 Sugar Mountain, NC 28604

Estimated Value: $331,076 - $371,000

3 Beds
2 Baths
1,165 Sq Ft
$291/mo HOA Fee

Last Sold March 15, 2021

Last sale price $234,000 $201 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,260/month

11 Days on Market

Highlights

  • Mountain View
  • Vaulted Ceiling
  • Furnished
  • Banner Elk Elementary School Rated A-
  • Mountain Architecture
  • Double Pane Windows

About This Home

As of March 2021

Rare Sugar Mountain Condo located at The Timbers! This condo is a top floor unit in a small community of only 5 similar "round house" styled buildings. It features 3 Bedrooms, 2 Bathrooms, and 1165sqft of living space. Just 5 steps from its parking lot to the decking makes this condo is perfect for someone looking for easy access and single-level living. Inside you'll find a spacious living room with gas fireplace, vaulted ceilings, and ample windows. Complete kitchen for all your needs including additional bar top seating. Large primary bedroom with on-suite bathroom. Additional bedrooms with ample space one of which included bunk beds. Full washer and dryer in unit as well next to the second bathroom. Outside you'll notice the winter views off its back deck of Grandfather Mountain. Plenty of space out here for relaxing in the cooler Summer months too. Phenomenal rental analysis provided by local vacation management company available upon request for Airbnb-ers and/or investors. Sold Fully Furnished with an appropriate offer. Don't wait to see this one!

Last Agent to Sell the Property

Brandon Freyer

Keller Williams High Country Listed on: 02/01/2021

Keller Williams High Country

Last Buyer's Agent

Benjamin Ray

Client First Of The High Country

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,176

Year Built

  • Built in 1982

Lot Details

  • 1.54

HOA Fees

  • $291 Monthly HOA Fees

Property Views

  • Mountain
  • Seasonal

Home Design

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

Interior Spaces

  • 1,165 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Open Patio

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 1857-06-48-5879-00009

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,176

Year Built

Built in 1982

Lot Details

0

HOA Fees

$291 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: The Timbers
  • Above Grade Finished Sq Ft: 1165.0
  • Architectural Style: Dome/Geodesic, Mountain
  • Garage Yn: No
  • 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: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: One, Gas, Stone, Vented, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furnished, Vaulted Ceiling(s)
  • Living Area: 1165.0
  • Stories: 1
  • Window Features: Double Pane Windows, Other, See Remarks

Exterior Features

  • View: Long Range, Mountain(s), Seasonal View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Patio And Porch Features: Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: No Garage, Other, Paved, Shared Driveway, See Remarks

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: 873.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 1857-06-48-5879-00009
  • Zoning Description: Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1176.0
  • Tax Book Number: 510/1500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Mar 12, 2021
Sold by
Mabus Robert and Mabus June Elaine
Bought by
Schilawski Michael Ferd and Schilawski Julie Flowe
Seller's Agent
Brandon Freyer
Keller Williams High Country
Buyer's Agent
Benjamin Ray
Client First Of The High Country
List Price
$234,000
Sold Price
$234,000
Current Estimated Value
$346,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,692
Avg. Annual Appreciation
9.75%
Original Mortgage
$187,200
Outstanding Balance
$168,572
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$185,406

Purchase Details

Listed on
Apr 8, 2017
Closed on
Jul 13, 2017
Sold by
Jones M Lorraine
Bought by
Mabus Robert and Mabus June Elaine
Seller's Agent
Jim Edsall
Keller Williams High Country
Buyer's Agent
Patti McCollum
Keller Williams High Country
List Price
$142,500
Sold Price
$142,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.51%

Purchase Details

Closed on
Dec 5, 2005
Sold by
Page Janice S
Bought by
Jones Lorraine M
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
Schilawski Michael Ferd $234,000 None Available
Schilawki Michael Ferd $468 None Listed On Document
Mabus Robert $142,500 None Available
Jones Lorraine M $113,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schilawki Michael Ferd $187,200
Closed Schilawki Michael Ferd $187,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $234,000 0.0% $201 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $234,000 +64.2% $201 / Sq Ft
07/19/2017 07/19/17 Sold $142,500 0.0% $112 / Sq Ft
06/19/2017 06/19/17 Pending -- -- --
04/08/2017 04/08/17 For Sale $142,500 -- $112 / 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 $954 $238,400 $0 $238,400
2022 $954 $238,400 $0 $238,400
2021 $667 $121,200 $10,000 $111,200
2020 $1,176 $121,200 $10,000 $111,200
2019 $1,176 $121,200 $10,000 $111,200
2018 $667 $121,200 $10,000 $111,200
2017 $1,219 $120,700 $0 $0
2016 $540 $120,700 $0 $0
2015 $540 $120,700 $10,000 $110,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 228090

High Country Association of REALTORS®

APN: 1857-06-48-5879-00009