NOT LISTED FOR SALE

315 Timber Ridge Rd Unit D10 & D11 Sugar Mountain, NC 28604

Estimated Value: $283,000 - $467,136

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

Last Sold December 30, 2020

Last sale price $235,000 $143 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,447/month

94 Days on Market

Highlights

  • Mountain Architecture
  • 2 Fireplaces
  • Porch
  • Banner Elk Elementary School Rated A-
  • Furnished
  • Wet Bar

About This Home

As of December 2020

This 4 bedroom 4 bath Timber condo offers ideal location for everything Sugar Mountain Has to offer. It comes completely furnished and has two sitting rooms both with fireplaces. Two bedrooms up and two bedroom down make this a dream rental. Ample deck space surrounded by the quiet of the wooded lot. This is an investors dream. Come see what makes this unit unique. You'll love what you see. Ready for you to move in and begin enjoying all the High Country has to offer. The photos tell it all. *This property is two 2BR/2BA units that are connected by a doorway. It has two parcel ID's. It is not financeable through normal channels.*

Last Listed By

Chris Wotell

Peak Real Estate Llc Listed on: 08/27/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,425

Year Built

  • Built in 1982

Lot Details

  • 1.54

HOA Fees

  • $475 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Furnished
  • 2 Fireplaces
  • Gas Fireplace
  • Propane Fireplace
  • 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 County High School

Utilities

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

Community Details

  • The Timbers Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18570648587900010

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,425

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: 437
  • Co List Office Phone: (828) 898-1880
  • Subdivision Name: The Timbers
  • Above Grade Finished Sq Ft: 1164.0
  • Architectural Style: 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 Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 480.0
  • Fireplace Features: Two, Gas, Propane
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Wet Bar, Furnished
  • Living Area: 1644.0
  • Stories: 1

Exterior Features

  • 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)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1424.48
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

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

Tax Info

  • Tax Annual Amount: 1424.93
  • Tax Book Number: 498/874

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2021
Sold by
Molo Properties 1 Llc
Bought by
Daugherty Mark E and Daugherty Charlotte D
Total Days on Market
94
Current Estimated Value
$341,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,500
Outstanding Balance
$258,141
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$62,050

Purchase Details

Listed on
Aug 27, 2020
Closed on
Dec 8, 2020
Sold by
Donnell Jack O and Donnell Kimberley Burns
Bought by
Molo Properties 1 Llc
Seller's Agent
Chris Wotell
Peak Real Estate Llc
Buyer's Agent
Robyn Edsall
Keller Williams High Country
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%

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

Mortgage History

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

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $235,000 0.0% $143 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $235,000 -- $143 / 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

  • Chris Wotell

    Seller's Agent in 2020

    Chris Wotell

    Peak Real Estate Llc

    (828) 260-1366

    36 in this area

    97 Total Sales

    Chris Wotell
    Section Image
  • Jim Fitzpatrick

    Seller Co-Listing Agent in 2020

    Jim Fitzpatrick

    Peak Real Estate Llc

    (828) 898-3257

    41 in this area

    98 Total Sales

    Jim Fitzpatrick
    Section Image
  • Robyn Edsall

    Buyer's Agent in 2020

    Robyn Edsall

    Keller Williams High Country

    (828) 406-1207

    30 in this area

    75 Total Sales

    Robyn Edsall
    Section Image

  • J

    Buyer Co-Listing Agent in 2020

    Jim Edsall

    Keller Williams High Country

    (828) 406-1206

    28 in this area

    78 Total Sales

    Jim Edsall
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 224170

High Country Association of REALTORS®

APN: 1857-06-48-5879-00010

North Carolina Avery County Sugar Mountain 28604

315 Timber Ridge Rd Unit D10 & D11, Sugar Mountain, NC

Homes for Sale in Sugar Mountain, NC

This home is located at 315 Timber Ridge Rd Unit D10 & D11, Sugar Mountain, NC 28604 since 27 August 2020 and is currently estimated at $341,284, approximately $207 per square foot. This property was built in 1982. 315 Timber Ridge Rd Unit D10 & D11 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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