NOT LISTED FOR SALE

315 Timber Ridge Rd Sugar Mountain, NC 28604

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

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

Last Sold December 31, 2020

Last sale price $175,000 $140 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,376/month

1 Day on Market

Highlights

  • Ski Accessible
  • Golf Course Community
  • Circular Home
  • Banner Elk Elementary School Rated A-
  • Tennis Courts
  • Fireplace

About This Home

As of December 2020

Rare opportunity to purchase a 3 bedroom, 2 bath condo within a short walk to the slopes! It's in need of some TLC, but here's your chance to fix it up the way you want it! Just a few steps down to the deck from the parking lot, then it's all one level living! Huge wrap around deck that's secluded, and seasonal Grandfather and Beech Mountain view, and you can watch the skiers through the trees! It's like living in your own treehouse! A master suite, a bedroom with a small loft, and a third bedroom, all with large closets. Brand new full size washer/dryer and updated bathroom cabinets, toilets and tile floors. New electrical panel installed. If you are in the market for a great fixer-upper, this could be it! Don't wait...it wouldn't take much to have this ready for ski season rentals!

Last Agent to Sell the Property

Allison Penegar

Realty One Group Results-BE License #295881 Listed on: 11/24/2020

Realty One Group Results-BE

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1982

HOA Fees

  • $289 Monthly HOA Fees

Home Design

  • Circular Home

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Vinyl Plank Flooring
  • Crawl Space

Additional Features

  • Many Trees
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1857-06-48-5879-00015

Community Details

Overview

  • Timbers Poa, Phone Number (828) 450-4787

Recreation

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

Property Details

Home Type

Condominium

Year Built

Built in 1982

Lot Details

0

HOA Fees

$289 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Architectural Style: Circular
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.92593
  • Ratio Close Price By Original Li: 0.92593
  • Ratio Current Price By Sq Ft: 140.00
  • Unit Floor Level: 1
  • Year Built: 1982
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Entry Level: Main
  • Equipment: Cable Prewire, CO Detector, Cooktop Electric, Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Microwave, Propane, Refrigerator, Washer
  • Fireplace Description: FAMILYRM, Gas Vented
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl Plank
  • H O A Management Phone: 828-450-4787
  • Interior Amenities: Cable Available, Vaulted Ceiling
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1250
  • Total Sq Ft: 1250

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Parking Space - 1

Utilities

  • Heating: No A/C
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Golf Course, Ski Slopes, Tennis Court(s), Walking Trails
  • Association Fee: 867.00
  • Association Fee Frequency: Quarterly
  • Complex Name: The Timbers
  • HOA Management Company: Timbers POA
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Sloping, Trees, Views, Winter View
  • Parcel Number: 1857-06-48-5879-00015
  • Zoning Specification: R3

Tax Info

  • Tax Value: 101900.00
  • Tax Location: Avery

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2021
Sold by
Wisda James and Wisda Valorie
Bought by
Routh Jonathan C and Routh Jennifer F
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.
Original Mortgage
$227,900
Outstanding Balance
$209,172
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$162,349

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-BE
Buyer's Agent
Non Member
Canopy Administration
List Price
$189,000
Sold Price
$175,000
Premium/Discount to List
-$14,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.53%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
12/31/2020 12/31/20 Sold $175,000 -7.4% $140 / Sq Ft
11/25/2020 11/25/20 Pending -- -- --
11/24/2020 11/24/20 For Sale $189,000 +220.3% $151 / Sq Ft
07/23/2019 07/23/19 Sold $59,000 0.0% $104 / Sq Ft
06/23/2019 06/23/19 Pending -- -- --
05/14/2019 05/14/19 For Sale $59,000 -63.1% $104 / Sq Ft
03/09/2016 03/09/16 Sold $160,000 0.0% $92 / Sq Ft
02/08/2016 02/08/16 Pending -- -- --
06/28/2015 06/28/15 For Sale $160,000 +7.4% $92 / Sq Ft
01/02/2014 01/02/14 Sold $149,000 0.0% $99 / Sq Ft
12/03/2013 12/03/13 Pending -- -- --
06/14/2013 06/14/13 For Sale $149,000 -- $99 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3686524

Canopy MLS (Canopy Realtor® Association)

APN: 18570648587900015