$565,000
SOLD APR 12, 2018

365 Little River Rd Sugar Grove, NC 28679

4 Beds
4 Baths
3,046 Sq Ft
0.94 Acres

Recently Sold

$185 Per Sq Ft

55 Days on Market

Highlights

  • Spa
  • Mountain View
  • Mountain Architecture
  • Valle Crucis Elementary School Rated A-
  • Wooded Lot
  • Secondary Bathroom Jetted Tub

About This Home

As of April 2018

Gorgeous log home tucked away in the historic Valle Crucis area! This home comes with stunning views, yet plenty of privacy with the surrounding mature trees and bordering land conservancy. Plenty of outdoor space and decks to enjoy the scenery. 4BD 4BA home has black walnut floors throughout main, tongue and groove ceilings and a beautiful fireplace to add to the mountain ambiance. Additional 2 car carport has attached room for storage or hobbies. Conveniently located, this home is only a few minutes walk from the Watauga River, 15 minutes to downtown Boone and 20 minutes to Blowing Rock. Currently in a short term rental program bringing in 72k gross annual rental income for year 1! Offering the home fully furnished.

Last Agent to Sell the Property

Benjamin Ray

Client First Of The High Country Listed on: 01/16/2018

Last Buyer's Agent

Barbara Thomas

RE/MAX Realty Group

RE/MAX Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,321

Year Built

  • Built in 2006

Lot Details

  • 0.94 Acre Lot
  • Property fronts a private road
  • Wooded Lot

Home Design

  • Mountain Architecture
  • Log Cabin
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Shake Siding
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Window Screens
  • Mountain Views
  • Finished Basement

Kitchen

  • Gas Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Secondary Bathroom Jetted Tub

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Shared Driveway

Outdoor Features

  • Spa
  • Open Patio
  • Shed
  • Outbuilding
  • Porch

Schools

  • Valle Crucis Elementary School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Propane
  • Shared Well
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1971530453000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,321

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.94
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2365.0
  • Architectural Style: Log Home, Mountain
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2006
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Gas Range, Microwave Hood Fan, Microwave, Other, Refrigerator, See Remarks, Washer
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 681.0
  • Fireplace Features: One, Gas, Stone, Vented, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: See Remarks, Jetted Tub
  • Living Area: 3046.0
  • Stories: 2
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • Lot Features: Wooded
  • View: Long Range, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Frame, Log, Shake Siding, Wood Siding
  • Exterior Features: Hot Tub/Spa, Out Building(s), Storage
  • Foundation Details: Basement
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Multiple, Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, Detached, Garage, Paved, Shared Driveway

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Propane
  • Heating Yn: Yes
  • Sewer: Private Sewer, Septic Permit 4 Bedroom
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

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

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1971530453000
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2321.0
  • Tax Book Number: 1227/530

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2020
Sold by
Heard John R and Heard Marthann B
Bought by
Burus Paul S and Burus Dona S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Outstanding Balance
$298,782
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$682,481

Purchase Details

Listed on
Jan 16, 2018
Closed on
Apr 3, 2018
Sold by
Heard John R and Heard Marthann B
Bought by
Burns Paul Steve and Burns Dona Sue
Seller's Agent
Benjamin Ray
Client First Of The High Country
Buyer's Agent
Barbara Thomas
RE/MAX Realty Group
List Price
$565,000
Sold Price
$565,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%
Original Mortgage
$313,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2006
Sold by
Avise La Fin Llc
Bought by
Heard John R and Heard Marthann B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $565,000 None Available
Warranty Deed $569,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $335,000 New Conventional
Previous Owner $313,000 New Conventional
Previous Owner $398,500 New Conventional
Previous Owner $456,000 Adjustable Rate Mortgage/ARM
Previous Owner $455,600 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 For Sale $1,175,000 +108.0% $379 / Sq Ft
04/12/2018 04/12/18 Sold $565,000 0.0% $185 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $565,000 -- $185 / 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
2024 $2,240 $580,700 $46,100 $534,600
2023 $2,217 $580,700 $46,100 $534,600
2022 $2,217 $580,700 $46,100 $534,600
2021 $2,660 $569,600 $28,800 $540,800
2020 $2,660 $569,600 $28,800 $540,800
2019 $2,660 $569,600 $28,800 $540,800
2018 $2,657 $639,500 $28,800 $610,700
2017 $2,657 $639,500 $28,800 $610,700
2013 -- $420,500 $19,200 $401,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 205062

High Country Association of REALTORS®

APN: 1971-53-0453-000