NOT LISTED FOR SALE

381 Cloud Spring Dr Sugar Mountain, NC 28604

Estimated Value: $1,689,000 - $2,068,000

5 Beds
4.5 Baths
4,330 Sq Ft
$438/Sq Ft Est. Value

Last Sold September 27, 2022

Last sale price $1,790,000 $413 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $10,269/month

110 Days on Market

Highlights

  • Ski Accessible
  • Golf Course Community
  • Spa
  • Banner Elk Elementary School Rated A-
  • Second Kitchen
  • Mountain View

About This Home

As of September 2022

REDUCED by $100,000! Buckhorn Lodge at Sugar Pointe atop Sugar Mountain. A 2-level, 5 + bedroom property with long range southern views + impressive rental income. Sold virtually turn-key. Freshly painted inside and out. One step entry to main floor. A great 4,400+ sq. ft. home designed for entertaining. Soaring wood burning fireplace in the great room, huge modern kitchen with stainless, granite, double sinks; separate dining room, laundry room, tiled mud room + half bath with access from hallway, garage and parking area. The Master suite features mountain views, a full bath with soaking tub + separate tiled shower. Two additional bedrooms on this level share a full bath off the hallway. The lower level sports a media/family room, game room with billiards, Juke Box + arcade. Service kitchen and full laundry room adjacent. The covered deck has a hot tub + stairs to the back yard/fire pit. Master suite and 2nd bedroom on this level share a Jack n' Jill bath. A 3rd sleeping room has access to a full bath off the family room. POA is $340 year. Carolina water/sewer service. Located minutes from all resort amenities. Exclusions: buck head above cooktop + Deer horns in entry foyer.

Last Agent to Sell the Property

Kathleen Oberle

Sugar Mountain Realty-Dereka's Listed on: 05/27/2022

Co-Listed By

Sam Semple

Sugar Mountain Realty-Dereka's

Last Buyer's Agent

Lyn Hunter

Keller Williams High Country

Keller Williams High Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,122

Year Built

  • Built in 2007

Lot Details

  • 0.7 Acre Lot
  • Property fronts a private road
  • Southern Exposure

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Gravel Driveway

Home Design

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

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Furnished
  • Tray Ceiling
  • Cathedral Ceiling
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Hung Windows
  • Casement Windows
  • Window Screens
  • Mountain Views

Kitchen

  • Second Kitchen
  • Built-In Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Interior Basement Entry
  • Laundry in Basement
  • Crawl Space

Outdoor Features

  • Spa
  • Covered Patio or Porch
  • Outdoor Grill

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Gas Water Heater

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 211
  • Assessor Parcel Number 1857-00-04-3824-00000

Community Details

Overview

  • Sugar Pointe Subdivision

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,122

Year Built

Built in 2007

Lot Details

0

HOA Fees

$28 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.7
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Phone: (828) 898-6887
  • Subdivision Name: Sugar Pointe
  • Above Grade Finished Sq Ft: 2272.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2007
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Cooktop, Disposal, Gas Water Heater, Microwave, Other, Refrigerator, See Remarks, Washer
  • Has Basement: Crawl Space, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 2058.0
  • Fireplace Features: One, Gas, Stone, Vented, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Wet Bar, Tray Ceiling(s), Cathedral Ceiling(s), Furnished, Hot Tub/Spa, Second Kitchen, Window Treatments
  • Living Area: 4330.0
  • Stories: 2
  • Window Features: Casement Window(s), Double Hung, Screens, Window Treatments

Exterior Features

  • View: Long Range, Mountain(s), Southern Exposure
  • View: Yes
  • Home Warranty: No
  • Construction Type: Cedar, Wood Siding, Wood Frame
  • Exterior Features: Hot Tub/Spa, Outdoor Grill, Gravel Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Driveway, Garage, One Car Garage, Gravel, Private

Utilities

  • Laundry Features: In Basement, Main Level
  • Cooling: Central Air, Electric, Heat Pump, 2 Units, Zoned
  • Cooling Y N: Yes
  • Heating: Electric, Fireplace(s), Heat Pump, Other, See Remarks, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Skiing, Tennis Court(s), Trails/Paths, Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 340.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 1857-00-04-3824-00000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6122.0
  • Tax Book Number: 532/257
  • Tax Lot: 211

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Sep 21, 2022
Sold by
Pine Grove Properties Llc
Bought by
Martin Keith and Martin Melissa
Seller's Agent
Kathleen Oberle
Sugar Mountain Realty-Dereka's
Buyer's Agent
Lyn Hunter
Keller Williams High Country
List Price
$1,960,000
Sold Price
$1,790,000
Premium/Discount to List
-$170,000
-8.67%
Current Estimated Value
$1,896,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,829
Avg. Annual Appreciation
1.80%
Original Mortgage
$1,432,000
Outstanding Balance
$1,367,778
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$529,051

Purchase Details

Closed on
Jun 20, 2019
Sold by
Buckhorn Llc
Bought by
Pine Grove Properties Llc

Purchase Details

Closed on
May 6, 2013
Sold by
Guffey Jack W and Guffey Lynn M
Bought by
Buckhorn Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2010
Sold by
Guffey Jack W and Guffey Lynn M
Bought by
Guffey Jack W and Guffey Lynn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2010
Sold by
Wilmac Equity Llc
Bought by
Guffey Jack W

Purchase Details

Closed on
Jan 29, 2010
Sold by
Aspire Builders Llc
Bought by
Wilmac Equity Llc
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
Martin Keith $1,790,000 --
Pine Grove Properties Llc $850,000 None Available
Buckhorn Llc -- None Available
Guffey Jack W -- None Available
Guffey Jack W -- None Available
Wilmac Equity Llc $310,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Keith $1,432,000
Previous Owner Buckhorn Llc $324,000
Previous Owner Guffey Jack W $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2022 09/27/22 Sold $1,790,000 -3.8% $413 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
06/24/2022 06/24/22 Price Changed $1,860,000 -5.1% $430 / Sq Ft
05/27/2022 05/27/22 For Sale $1,960,000 -- $453 / 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 $3,632 $857,300 $90,000 $767,300
2023 $3,632 $857,300 $90,000 $767,300
2022 $0 $857,300 $90,000 $767,300
2021 $3,115 $566,400 $50,000 $516,400
2020 $5,494 $566,400 $50,000 $516,400
2019 $5,682 $566,400 $50,000 $516,400
2018 $3,286 $566,400 $50,000 $516,400
2017 $4,087 $393,000 $0 $0
2016 $1,758 $393,000 $0 $0
2015 $1,758 $393,000 $35,000 $358,000
2012 -- $546,200 $60,000 $486,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 237483

High Country Association of REALTORS®

APN: 1857-00-04-3824-00000