NOT LISTED FOR SALE

315 Timber Ridge Rd Unit E15 Sugar Mountain, NC 28604

Estimated Value: $353,000 - $374,000

3 Beds
2 Baths
1,250 Sq Ft
$289/mo HOA Fee

Last Sold October 15, 2021

Last sale price $284,900 $228 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,376/month

24 Days on Market

Highlights

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

About This Home

As of October 2021

This 3 Bedroom/2 Bath Timbers is centrally located to everything that Sugar Mountain has to offer, skiing, ice skating, tennis and golf. Fully furnished and freshly updated it is move in ready. Perfect for a family retreat, rental or both.

Last Agent to Sell the Property

Jim Fitzpatrick

Peak Real Estate Llc Listed on: 08/21/2021

Co-Listed By

Chris Wotell

Peak Real Estate Llc

Last Buyer's Agent

Will Buckner

Gray Buckner Real Estate LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,074

Year Built

  • Built in 1982

Lot Details

  • 1.54

HOA Fees

  • $289 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,250 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Crawl Space

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Open Patio

Schools

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

Utilities

  • No Cooling
  • 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 1857-06-48-5879-00015

Community Details

Overview

  • The Timbers Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Ski Accessible

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,074

Year Built

Built in 1982

Lot Details

0

HOA Fees

$289 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: 1250.0
  • 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: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Stone, Vented, Propane
  • Fireplace: Yes
  • Interior Amenities: Furnished
  • Living Area: 1250.0
  • Stories: 1

Exterior Features

  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Patio And Porch Features: Open
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: Asphalt, Driveway, No Garage

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

  • Community Features: Golf, Skiing, Tennis Court(s), Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 867.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 1857-06-48-5879-00015
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1074.0
  • Tax Book Number: 554/1313

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2021
Closed on
Oct 15, 2021
Sold by
Wisda James and Wisda Valorie
Bought by
Routh Jonathan C and Routh Jennifer F
Seller's Agent
Jim Fitzpatrick
Peak Real Estate Llc
Buyer's Agent
Will Buckner
Gray Buckner Real Estate LLC
List Price
$284,900
Sold Price
$284,900
Current Estimated Value
$364,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,609
Avg. Annual Appreciation
6.57%
Original Mortgage
$227,900
Outstanding Balance
$208,723
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$155,786

Purchase Details

Listed on
Nov 24, 2020
Closed on
Dec 29, 2020
Sold by
Penegar Scott and Penegar Allison
Bought by
Wisda James
Seller's Agent
Allison Penegar
Realty One Group Results-Boone
Buyer's Agent
Jim Fitzpatrick
Peak Real Estate Llc
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
85.32%
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
Routh Jonathan C $285,000 None Available
Routh Jonathan C $285,000 None Listed On Document
Wisda James $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Routh Jonathan C $227,900
Closed Routh Jonathan C $227,900
Previous Owner Jones Margaret L $11,275
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $284,900 0.0% $228 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
08/21/2021 08/21/21 For Sale $284,900 +62.8% $228 / Sq Ft
12/31/2020 12/31/20 Sold $175,000 0.0% $140 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
11/24/2020 11/24/20 For Sale $175,000 -- $140 / 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 $1,198 $281,000 $0 $281,000
2022 $1,198 $281,000 $0 $281,000
2021 $609 $101,900 $10,000 $91,900
2020 $1,037 $101,900 $10,000 $91,900
2019 $1,042 $101,900 $10,000 $91,900
2018 $614 $101,900 $10,000 $91,900
2017 $1,272 $120,700 $0 $0
2016 $583 $120,700 $0 $0
2015 $583 $120,700 $10,000 $110,700
Source: Public Records

Agents Affiliated with this Home

  • Jim Fitzpatrick

    Seller's Agent in 2021

    Jim Fitzpatrick

    Peak Real Estate Llc

    (828) 898-3257

    38 in this area

    97 Total Sales

    Jim Fitzpatrick
    Section Image
  • Chris Wotell

    Seller Co-Listing Agent in 2021

    Chris Wotell

    Peak Real Estate Llc

    (828) 260-1366

    34 in this area

    95 Total Sales

    Chris Wotell
    Section Image

  • W

    Buyer's Agent in 2021

    Will Buckner

    Gray Buckner Real Estate LLC

    (828) 265-6720

    2 in this area

    43 Total Sales

    Will Buckner
    Section Image

  • A

    Seller's Agent in 2020

    Allison Penegar

    Realty One Group Results-Boone

    (704) 661-4523

    7 in this area

    49 Total Sales

    Allison Penegar
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 232847

High Country Association of REALTORS®

APN: 18570648587900015

North Carolina Avery County Sugar Mountain 28604

315 Timber Ridge Rd Unit E15, Sugar Mountain, NC

This home is located at 315 Timber Ridge Rd Unit E15, Sugar Mountain, NC 28604 since 21 August 2021 and is currently estimated at $364,509, approximately $291 per square foot. This property was built in 1982. 315 Timber Ridge Rd Unit E15 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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