NOT LISTED FOR SALE

315 Timber Ridge Rd Unit D-10 and D-11 Sugar Mountain, NC 28604

Estimated Value: $223,000 - $425,049

4 Beds
4 Baths
1,644 Sq Ft
$475/mo HOA Fee

Last Sold August 09, 2021

Last sale price $358,000 $218 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $2,281/month

45 Days on Market

Highlights

  • Ski Accessible
  • Golf Course Community
  • Mountain Architecture
  • Banner Elk Elementary School Rated A-
  • Mountain View
  • Tennis Courts

About This Home

As of August 2021

These two gorgeously upgraded condos at the Timbers are rented together as "Twin Bjorn", a very popular "super unit" with combined 4 bedrooms and 4 baths. Two bedrooms up and two bedrooms down make it an ideal rental, and it would also make a great second home/vacation getaway. D-11 features granite countertops in the kitchen and appliances include a dishwasher. D-10 features a granite wet bar. Enjoy the ambience of the stacked-stone gas log fireplaces in both units, and the view from decks on both levels. Unit D-12 is above. Just a 5 minute drive from the Sugar Mountain ski lodge, tennis courts and golf course. Dining and shopping are just 10 minutes away in Banner Elk. Enjoy all the amenities that the NC high country has to offer, including Grandfather Mountain, the Blue Ridge Parkway, skiing, river rafting and more! Seller will not sell the units separately. Buyers must purchase both units together. Furnishings are negotiable. Mountain Community Bank can provide financing for qualified buyers.

Last Agent to Sell the Property

Jim Edsall

Keller Williams High Country Listed on: 05/25/2021

Keller Williams High Country

Co-Listed By

Robyn Edsall

Keller Williams High Country

Last Buyer's Agent

Christy Lombardozzi

Keller Williams High Country

Keller Williams High Country

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,454

Year Built

  • Built in 1982

Lot Details

  • 1.54

HOA Fees

  • $475 Monthly HOA Fees

Property Views

  • Mountain
  • Seasonal

Home Design

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

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Crawl Space

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Driveway
  • Paved Parking

Outdoor Features

  • Porch

Schools

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

Utilities

  • No Cooling
  • Space Heater
  • Wall Furnace
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 18570648587900010

Community Details

Overview

  • The Timbers Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Trails
  • Ski Accessible

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,454

Year Built

Built in 1982

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Co List Office Mls Id: 442
  • Co List Office Phone: (828) 898-3111
  • Subdivision Name: The Timbers
  • Above Grade Finished Sq Ft: 1164.0
  • Architectural Style: Dome/Geodesic, Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1982
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 480.0
  • Fireplace Features: Gas, Stone, Propane
  • Fireplace: Yes
  • Interior Amenities: Wet Bar
  • Living Area: 1644.0
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior Features

  • View: Mountain(s), Seasonal View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Paved Driveway
  • Patio And Porch Features: Multiple
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: Driveway, No Garage, Paved, Private

Utilities

  • Laundry Features: Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Fireplace(s), Space Heater, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Skiing, Tennis Court(s), Trails/Paths, Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 1424.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 18570648587900010
  • Zoning Description: Multi-Family,Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1454.0
  • Tax Book Number: 553/1364

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Aug 6, 2021
Sold by
Molo Properties 1 Llc
Bought by
Daugherty Mark E and Daugherty Charlotte D
Seller's Agent
Jim Edsall
Keller Williams High Country
Buyer's Agent
Christy Lombardozzi
Keller Williams High Country
List Price
$358,000
Sold Price
$358,000
Current Estimated Value
$316,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,317
Avg. Annual Appreciation
-2.27%
Original Mortgage
$280,500
Outstanding Balance
$256,526
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$69,630

Purchase Details

Closed on
Dec 9, 2020
Sold by
Donnell Jack O and Donnell Kimberley Burns
Bought by
Molo Properties 1 Llc

Purchase Details

Closed on
Dec 8, 2020
Sold by
Donnell Jack O and Donnell Kimberley Burns
Bought by
Molo Properties 1 Llc
Source: Public Records

Range of Values:

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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
Daugherty Mark E $358,000 None Available
Daugherty Mark E $358,000 None Listed On Document
Molo Properties 1 Llc $470 None Listed On Document
Molo Properties 1 Llc $235,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daugherty Mark E $280,500
Closed Daugherty Mark E $280,500
Previous Owner Anglin Adam E $70,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2021 08/09/21 Sold $358,000 0.0% $218 / Sq Ft
07/10/2021 07/10/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $358,000 -- $218 / 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 $963 $225,800 $0 $225,800
2022 $963 $225,800 $0 $225,800
2021 $420 $72,000 $5,000 $67,000
2020 $698 $72,000 $5,000 $67,000
2019 $698 $72,000 $5,000 $67,000
2018 $396 $72,000 $5,000 $67,000
2017 $723 $71,600 $0 $0
2016 $320 $71,600 $0 $0
2015 $320 $71,600 $5,000 $66,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 230597

High Country Association of REALTORS®

APN: 1857-06-48-5879-00010