NOT LISTED FOR SALE

510 Elderberry Ridge Rd Unit E201 Beech Mountain, NC 28604

Estimated Value: $323,877 - $370,000

2 Beds
2 Baths
1,089 Sq Ft
$206/mo HOA Fee

Last Sold April 08, 2020

Last sale price $167,000 $153 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,123/month

Highlights

  • Mountain Architecture
  • Baseboard Heating
  • Gas Fireplace
  • Banner Elk Elementary School Rated A-
  • Wood Siding

About This Home

As of April 2020

Majestic Mountain Views! One level, 2BR/2BA with gas fireplace, covered balcony, and panoramic views! Situated near the "downtown" area, but just outside the Town limits (no city taxes). Excellent rental potential & investment opportunity!

Last Agent to Sell the Property

Calder Smoot

Virginia Carolina Inns Listed on: 02/03/2020

Last Buyer's Agent

Caroline McGuire

Keller Williams High Country

Keller Williams High Country

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $624

Year Built

  • Built in 1985

Lot Details

  • Property fronts a private road

HOA Fees

  • $206 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Mountain Architecture
  • Shake Roof
  • Wood Roof
  • Wood Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1,089 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Propane Fireplace
  • Unfinished Basement

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Shared Septic
  • Cable TV Available

Community Details

  • Southcrest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1859064882440000501

Property Details

Home Type

Condominium

Est. Annual Taxes

$624

Year Built

Built in 1985

Lot Details

0

HOA Fees

$206 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Southcrest
  • Above Grade Finished Sq Ft: 1089.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1985
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Washer
  • Has Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Vented, Propane
  • Fireplace: Yes
  • Living Area: 1089.0
  • Stories: 1

Exterior Features

  • Home Warranty: No
  • Construction Type: Modular/Prefab, Wood Siding
  • Foundation Details: Basement
  • Roof: Shake, Wood

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Fireplace(s)
  • Heating Yn: Yes
  • Sewer: Shared Septic
  • Utilities: Cable Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Association Fee: 618.5
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 1859064882440000501
  • Zoning Description: Deed Restrictions
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 623.77
  • Tax Book Number: 358/1207

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2020
Closed on
Mar 12, 2020
Sold by
Hoffmann Detlef K and Hoffmann Susan M
Bought by
Glazier Sarah L and Queen Alison
Seller's Agent
Calder Smoot
Virginia Carolina Inns
Buyer's Agent
Caroline McGuire
Keller Williams High Country
List Price
$167,000
Sold Price
$167,000
Current Estimated Value
$347,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,959
Avg. Annual Appreciation
14.22%
Original Mortgage
$133,600
Outstanding Balance
$118,096
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$229,863
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
Glazier Sarah L $167,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glazier Sarah L $133,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2020 04/08/20 Sold $167,000 0.0% $153 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $167,000 -- $153 / 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 $868 $204,600 -- $204,600
2023 $868 $204,600 $0 $204,600
2022 $868 $204,600 $0 $204,600
2021 $648 $113,400 $47,500 $65,900
2020 $624 $113,400 $47,500 $65,900
2019 $624 $113,400 $47,500 $65,900
2018 $624 $113,400 $47,500 $65,900
2017 $761 $138,300 $0 $0
2016 $618 $138,300 $0 $0
2015 $618 $138,300 $63,000 $75,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 220085

High Country Association of REALTORS®

APN: 1859-06-48-8244-00005-01