NOT LISTED FOR SALE

428 Cloud Spring Dr Sugar Mountain, NC 28604

Estimated Value: $878,245 - $991,000

3 Beds
3.5 Baths
2,234 Sq Ft
$422/Sq Ft Est. Value

Last Sold April 20, 2021

Last sale price $612,000 $274 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,404/month

162 Days on Market

Highlights

  • Mountain View
  • Cathedral Ceiling
  • Covered patio or porch
  • Banner Elk Elementary School Rated A-
  • Mountain Architecture
  • Double Pane Windows

About This Home

As of April 2021

New Construction Mountain Home located in the community of Sugar Pointe, Sugar Mountain. Enjoy 4800’ elevations from this home w/ quality throughout. The home includes many rustic elements of bark & stone situated on a wooded lot w/ native hardwoods and laurels. The great room includes vaulted t&g ceilings, & walk-out onto a massive covered deck w/ privacy. Kitchen includes stainless steel appliances, granite & wood accents w/ a second deck from the front of the home. Open living concept, there is area for dining & spacious w/ abundant natural light from the large glass windows and doors. The Primary suite located on the main level w/ sliding barn door entry & ensuite bath w/ tile shower & walk-in closets. The ground floor includes a family room offering abundant space for game tables, recreation & comfort, leading to an outside patio area complete w/ outdoor fire pit. Adjacent bedrooms each with their own bath are also located on the ground floor. Vacation Rentals are permitted. The Sugar Mountain Community offers ski & board, tennis, golf, & club house w/ local events, in addition to nearby Banner Elk w/ restaurants and retail.

Last Agent to Sell the Property

Bill Aceto

Blue Ridge Realty & Inv. Boone 895 Listed on: 10/09/2020

Co-Listed By

Todd Rice

Blue Ridge Realty & Inv. Blowing Rock

Last Buyer's Agent

Linda Cramblit

Blue Ridge Realty & Inv. - Banner Elk

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,700

Year Built

  • Built in 2020

Lot Details

  • 0.41 Acre Lot
  • Property fronts a private road
  • Zoning described as City,Deed Restrictions,Residential,Subdivision

HOA Fees

  • $25 Monthly HOA Fees

Property Views

  • Mountain
  • Seasonal

Home Design

  • Mountain Architecture
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Masonry
  • Stone

Interior Spaces

  • 2,234 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Sugar Pointe Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Tax Lot 110
  • Assessor Parcel Number 18570015116500000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,700

Year Built

Built in 2020

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 24
  • Co List Office Phone: (828) 295-7777
  • Subdivision Name: Sugar Pointe
  • Above Grade Finished Sq Ft: 2234.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2020
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: One, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Vaulted Ceiling(s)
  • Living Area: 2234.0
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior Features

  • View: Mountain(s), Seasonal View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Frame, Masonry, Stone, Wood Siding
  • Exterior Features: Gravel Driveway
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, Private

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Heat Pump, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 18570015116500000
  • Zoning Description: City,Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2700.0
  • Tax Book Number: 548/993
  • Tax Lot: 110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2022
Sold by
Fruggiero Scott P and Fruggiero Linda R
Bought by
The Fruggiero Family Trust
Total Days on Market
162
Current Estimated Value
$936,854

Purchase Details

Listed on
Oct 9, 2020
Closed on
Apr 12, 2021
Sold by
Corbin Builders & Development Inc
Bought by
Fruggiero Scott and Fruggiero Linda
Seller's Agent
Bill Aceto
Blue Ridge Realty & Inv. Boone 895
Buyer's Agent
Linda Cramblit
Blue Ridge Realty & Inv. - Banner Elk
List Price
$612,000
Sold Price
$612,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.79%

Purchase Details

Closed on
Aug 31, 2020
Sold by
Deng Jun and Zhang Nancy Jun
Bought by
Corbin Builders & Development Inc
Source: Public Records

Range of Values:

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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
The Fruggiero Family Trust -- --
Fruggiero Scott $612,000 None Available
Fruggierro Scott $1,224 None Listed On Document
Corbin Builders & Development Inc $65,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2021 04/20/21 Sold $612,000 0.0% $274 / Sq Ft
03/21/2021 03/21/21 Pending -- -- --
10/09/2020 10/09/20 For Sale $612,000 -- $274 / 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
2023 $2,456 $613,900 $50,000 $563,900
2022 $0 $613,900 $50,000 $563,900
2021 $1,531 $634,900 $40,000 $594,900
2020 $388 $40,000 $40,000 $0
2019 $388 $40,000 $40,000 $0
2018 $220 $40,000 $40,000 $0
2017 $354 $35,000 $0 $0
2016 $157 $35,000 $0 $0
2015 $157 $35,000 $35,000 $0
2012 -- $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 226192

High Country Association of REALTORS®

APN: 1857-00-15-1165-00000