NOT LISTED FOR SALE

525 Craggy Point Unit 10-A Sugar Mountain, NC 28604

Estimated Value: $644,000 - $695,000

3 Beds
3 Baths
1,580 Sq Ft
$270/mo HOA Fee

Last Sold October 01, 2020

Last sale price $409,900 $259 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,646/month

32 Days on Market

Highlights

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

About This Home

As of October 2020

What a view - completely unobstructed! Grandfather and Linville Gorge views to the max! Exquisite, top notch Reserve condo being offered fully furnished! Beautifully furnished and decorated with quality in mind. The is an end building condo with incredible privacy and flat parking - no building to your left! Top level, level entry condo without a single stair. Unit has been immaculately maintained, original owner, never rented. These are the best views the high country has to offer. You will not find this immense of a view from any other condo community. The Reserve I stands out for a number of reasons including views, quality of construction, ~5,000 ft elevation, cool summer days and beautiful winters. This unit is unique due to its location in the community with both a Grandfather and Linville Gorge View - And no sun in your face in the evening! Step inside this condo and you'll recognize how rare this unit is!

Last Listed By

Matt de Camara

Boone Real Estate Listed on: 07/30/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,730

Year Built

  • Built in 2006

HOA Fees

  • $270 Monthly HOA Fees

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding
  • Stucco Exterior
  • Stone Veneer
  • Hardboard
  • Masonry

Interior Spaces

  • 1,580 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Cathedral Ceiling
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Mountain Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Driveway
  • Paved Parking

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Property fronts a private road

Community Details

  • The Reserve At Sugar Mountain Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 18570005111900001

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,730

Year Built

Built in 2006

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: The Reserve At Sugar Mountain
  • Above Grade Finished Sq Ft: 1580.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2006
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: One, Gas, Stone, Vented, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Furnished
  • Living Area: 1580.0
  • Stories: 1
  • Window Features: Double Pane Windows

Exterior Features

  • View: Long Range
  • View: Yes
  • Home Warranty: No
  • Construction Type: Hardboard, Masonry, Stone Veneer, Stucco, Wood Siding, Wood Frame
  • Exterior Features: Paved Driveway
  • Patio And Porch Features: Covered, Open
  • Roof: Architectural, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Fireplace(s), Heat Pump
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 810.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 18570005111900001
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2729.58
  • Tax Book Number: 395/1541

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Oct 1, 2020
Sold by
The Louise M Johnson Family Trust
Bought by
Traynor A Rodger A and Traynor Jane S
Seller's Agent
Matt de Camara
Boone Real Estate
Buyer's Agent
Kim Hyatt
Bear Real Estate
List Price
$409,900
Sold Price
$409,900
Total Days on Market
32
Current Estimated Value
$668,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,706
Avg. Annual Appreciation
11.42%
Original Mortgage
$324,000
Outstanding Balance
$291,418
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$383,398

Purchase Details

Closed on
Oct 7, 2005
Sold by
Reserve At Sugar Mountain Llc
Bought by
Johnson Dianne M and Johnson Dianne Marie

Range of Values:

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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
Traynor A Rodger A $410,000 None Available
Johnson Dianne M $270,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Traynor A Rodger A $324,000
Previous Owner Taylor Burton Henry $31,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2020 10/01/20 Sold $409,900 0.0% $259 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $409,900 -- $259 / 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
2022 $1,932 $482,900 $0 $482,900
2021 $1,548 $281,400 $50,000 $231,400
2020 $2,730 $281,400 $50,000 $231,400
2019 $0 $281,400 $50,000 $231,400
2018 $1,548 $281,400 $50,000 $231,400
2017 $1,264 $229,900 $0 $0
2016 $1,028 $229,900 $0 $0
2015 $1,028 $229,900 $15,000 $214,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 223520

High Country Association of REALTORS®

APN: 1857-00-05-1119-00001