NOT LISTED FOR SALE

320 Timber Ridge Rd Sugar Mountain, NC 28604

Estimated Value: $573,678 - $721,000

2 Beds
2 Baths
1,586 Sq Ft
$403/Sq Ft Est. Value

Last Sold August 24, 2023

Last sale price $575,000 $363 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,412/month

67 Days on Market

Highlights

  • Vaulted Ceiling
  • Furnished
  • Log Cabin
  • Banner Elk Elementary School Rated A-
  • No HOA
  • Cooling Available

About This Home

As of August 2023

Very cute log cabin in desirable Sugar Mountain. Convenient location near the ski slopes, golf and tennis. Situated at the top of the hill on a spacious 1/2 acre lot. Lovely Mountain view that has potential to be opened up to a larger view. Gorgeous vaulted wood ceilings and wood floors. Two bedrooms and 2 baths with a spacious loft area for an office or additional sleeping space. Additional entrance in the back to the laundry area/mudroom to leave skis and/or wet boots/shoes. Lovely galley style kitchen with tile countertops. Being offered fully furnished. This one is a MUST SEE!!

Last Agent to Sell the Property

Karen Cleghorn

Blue Ridge Realty & Inv. - Banner Elk Listed on: 06/17/2023

Last Buyer's Agent

NONMLS MEMBER

NONMLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,715

Year Built

  • Built in 2003

Lot Details

  • 0.5 Acre Lot

Parking

  • No Garage

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding
  • Stone Veneer

Interior Spaces

  • 1,586 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Gas Fireplace
  • Crawl Space

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank
  • Septic System
  • Sewer Applied For Permit

Community Details

  • No Home Owners Association
  • Western Highlands Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1857-06-48-4743-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,715

Year Built

Built in 2003

Lot Details

0.5 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Road Surface Type: Paved
  • Subdivision Name: Western Highlands
  • Above Grade Finished Sq Ft: 1586.0
  • Architectural Style: Log Home
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2003
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (828) 737-3100
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Vented
  • Interior Amenities: Furnished, Vaulted Ceiling(s)
  • Living Area: 1586.0
  • Stories: 2

Exterior Features

  • Home Warranty: No
  • Construction Type: Log, Log Siding, Stone Veneer
  • Roof: Metal

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Main Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Sewer Applied for Permit, Septic Tank
  • Utilities: Septic Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

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

Lot Info

  • Parcel #: 1857-06-48-4743-00000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2714.56
  • Tax Book Number: 577/502

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2023
Closed on
Aug 24, 2023
Sold by
Breeze On Inn Llc
Bought by
Ledford Bryan P and Ledford Patty L
Seller's Agent
Karen Cleghorn
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%
Views
201
Current Estimated Value
$638,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,420
Avg. Annual Appreciation
4.31%
Original Mortgage
$517,500
Outstanding Balance
$502,279
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$136,141

Purchase Details

Listed on
Apr 13, 2022
Closed on
May 13, 2022
Sold by
Larson Lanny D and Larson Martha M
Bought by
Breeze On Inn Llc
Seller's Agent
Dereka Plyler
Sugar Mountain Realty-Dereka's
Buyer's Agent
Justin Hackler
Boone Realty
List Price
$475,000
Sold Price
$495,000
Premium/Discount to List
$20,000
4.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.42%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ledford Bryan P $575,000 None Listed On Document
Ledford Bryan P $575,000 None Listed On Document
Breeze On Inn Llc $495,000 Tornow Mcnair Mcnair
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ledford Bryan P $517,500
Closed Ledford Bryan P $517,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2023 08/24/23 Sold $575,000 -4.0% $363 / Sq Ft
06/17/2023 06/17/23 For Sale $599,000 +21.0% $378 / Sq Ft
05/13/2022 05/13/22 Sold $495,000 +4.2% $317 / Sq Ft View Prior Sale
04/13/2022 04/13/22 For Sale $475,000 -- $304 / Sq Ft
Source: High Country Association of REALTORS®

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
2025 $1,597 $399,200 $45,000 $354,200
2024 $1,597 $399,200 $45,000 $354,200
2023 $1,597 $399,200 $45,000 $354,200
2022 $1,597 $399,200 $45,000 $354,200
2021 $1,479 $268,900 $45,000 $223,900
2020 $2,608 $268,900 $45,000 $223,900
2019 $2,608 $268,900 $45,000 $223,900
2018 $1,479 $268,900 $45,000 $223,900
2017 $2,734 $270,700 $0 $0
2016 $1,211 $270,700 $0 $0
2015 $1,211 $270,700 $37,500 $233,200
2012 -- $291,900 $50,000 $241,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 244107

High Country Association of REALTORS®

APN: 1857-06-48-4743-00000

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