NOT LISTED FOR SALE

368 Rough Ridge Rd Sugar Mountain, NC 28604

Estimated Value: $712,574 - $757,000

6 Beds
3 Baths
2,268 Sq Ft
$326/Sq Ft Est. Value

Last Sold November 15, 2023

Last sale price $660,000 $291 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,972/month

42 Days on Market

Highlights

  • Mountain Architecture
  • Furnished
  • Forced Air Heating and Cooling System
  • Banner Elk Elementary School Rated A-
  • No HOA
  • Gas Fireplace

About This Home

As of November 2023

Rare 6 bedroom home on Sugar Mountain on a flat lot surrounded by mature trees. Farmhouse-style cedar with covered front porch and large, open back deck. The main floor has two bedrooms, full bath, kitchen and living room with new flooring and a gas log fireplace, while upstairs has 4 additional bedrooms and two additional full baths. Moments from golf, skiing, tennis and all the area's events, shopping and dining. Bring the whole group and enjoy all the High Country has to offer!

Last Agent to Sell the Property

Sam Semple

Sugar Mountain Realty-Dereka's Brokerage Phone: 828-898-6887 Listed on: 10/03/2023

Last Buyer's Agent

Tyler Coon

EXP Realty LLC

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,453

Year Built

  • Built in 1996

Lot Details

  • 0.48 Acre Lot

Parking

  • No Garage

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 2,268 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Gas Fireplace
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Forced Air Heating and Cooling System
  • Private Sewer

Community Details

  • No Home Owners Association
  • Grouse Forest Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 223
  • Assessor Parcel Number 1857-00-24-8065-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,453

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.48
  • Road Surface Type: Paved
  • Subdivision Name: Grouse Forest
  • Above Grade Finished Sq Ft: 2268.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1996
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 828-898-6887
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Furnished
  • Living Area: 2268.0
  • Stories: 2

Exterior Features

  • Home Warranty: No
  • Construction Type: Cedar, Wood Frame
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • 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 #: 1857-00-24-8065-00000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2453.0
  • Tax Book Number: 346/1067
  • Tax Lot: 223

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2023
Closed on
Nov 8, 2023
Sold by
Jones Jerome K and Jones Virginia
Bought by
368 Rough Ridge Llc
Seller's Agent
Sam Semple
Sugar Mountain Realty-Dereka's
Buyer's Agent
Tyler Coon
EXP Realty LLC
List Price
$679,900
Sold Price
$660,000
Premium/Discount to List
-$19,900
-2.93%
Views
12
Current Estimated Value
$740,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,394
Avg. Annual Appreciation
5.22%
Original Mortgage
$528,000
Outstanding Balance
$517,487
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$222,907
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
368 Rough Ridge Llc $660,000 None Listed On Document
368 Rough Ridge Llc $660,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 368 Rough Ridge Llc $528,000
Closed 368 Rough Ridge Llc $528,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2023 11/15/23 Sold $660,000 -2.9% $291 / Sq Ft
10/03/2023 10/03/23 For Sale $679,900 -- $300 / 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 $1,519 $359,200 $30,000 $329,200
2024 $1,519 $359,200 $30,000 $329,200
2023 $1,436 $340,400 $30,000 $310,400
2022 $1,436 $340,400 $30,000 $310,400
2021 $1,572 $271,300 $30,000 $241,300
2020 $2,711 $271,300 $30,000 $241,300
2019 $2,711 $271,300 $30,000 $241,300
2018 $1,581 $271,300 $30,000 $241,300
2017 $2,899 $279,100 $0 $0
2016 $1,314 $279,100 $0 $0
2015 $1,314 $279,100 $35,000 $244,100
2012 -- $302,100 $60,000 $242,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 246075

High Country Association of REALTORS®

APN: 1857-00-24-8065-00000

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