NOT LISTED FOR SALE

561 Craggy Point Unit 12B Sugar Mountain, NC 28604

Estimated Value: $645,000 - $697,000

3 Beds
3 Baths
1,580 Sq Ft
$272/mo HOA Fee

Last Sold August 31, 2020

Last sale price $394,900 $250 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,154/month

56 Days on Market

Highlights

  • Ski Accessible
  • Golf Course Community
  • Chalet
  • Banner Elk Elementary School Rated A-
  • Mountain View
  • Cathedral Ceiling

About This Home

As of August 2020

Have you ever wanted to reach up and touch a cloud or see to the edge of the Earth? NOW is your chance! Rarely on the market, a TOP floor 3 bedroom/3 bath condominium at The Reserve at Sugar Mountain has just been renovated and is ready for immediate occupancy! The owners spent over $20,000 on new floors, new paint, new bed and bath linens and new furniture in the Great Room for you and your guests. Situated at 5,000 feet, The Reserve is an outdoor enthusiasts dream come true. Hiking, climbing, biking, skiing and snowboarding are part of what makes living in the NC High Country an amazing experience. Just minutes away, you can enjoy the shops and some of the best restaurants in our area located in Banner Elk. The carpets have all been professionally cleaned and the home is being offered furnished, decorated in an updated mountain style by a local firm. There are only 3-4 steps to the home, and with the master suite, kitchen, great room, dining room, deck, laundry and guest bed and bath all located on the main floor, this home can easily be one level living. Since the home faces West/Southwest, you can enjoy the long-range unobstructed views without having Sugar Top interfere.

Last Listed By

Eric Reeves

Allen Tate Real Estate - Blowing Rock Listed on: 06/05/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,730

Year Built

  • Built in 2006

Lot Details

  • 0.58

HOA Fees

  • $272 Monthly HOA Fees

Home Design

  • Chalet
  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Concrete Siding
  • Shake Siding
  • Masonry
  • Stone

Interior Spaces

  • 1,580 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Tray Ceiling
  • Cathedral Ceiling
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Window Treatments
  • Casement Windows
  • Mountain Views
  • Crawl Space
  • Attic

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Secondary Bathroom Jetted Tub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Driveway
  • Paved Parking

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Hot Water Heating System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Property fronts a private road

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1847-00-95-8346-00002

Community Details

Overview

  • The Reserve At Sugar Mountain Subdivision

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,730

Year Built

Built in 2006

Lot Details

0

HOA Fees

$272 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: Chalet/Alpine, Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2006
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: One, Gas, Stone, Vented, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Attic, Tray Ceiling(s), Cathedral Ceiling(s), Furnished, Jetted Tub, Window Treatments
  • Living Area: 1580.0
  • Stories: 2
  • Window Features: Casement Window(s), Double Pane Windows, Window Treatments

Exterior Features

  • View: Long Range, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Masonry, Concrete, Shake Siding, Stone, Wood Siding, Wood Frame
  • Exterior Features: Paved Driveway
  • Patio And Porch Features: Covered
  • Roof: Asphalt, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Main Level
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Fireplace(s), Hot Water
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Golf, Skiing, Tennis Court(s), Trails/Paths, Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 815.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 1847-00-95-8346-00002
  • Zoning Description: Deed Restrictions,Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2729.58
  • Tax Book Number: 508/1555

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2020
Closed on
Aug 24, 2020
Sold by
Laurel Homes Inc
Bought by
Kaiser Harold F and Kaiser Sally Anne
Seller's Agent
Eric Reeves
Allen Tate Real Estate - Blowing Rock
Buyer's Agent
Lora Lecka
Northstar Properties
List Price
$394,900
Sold Price
$394,900
Total Days on Market
56
Current Estimated Value
$671,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,249
Avg. Annual Appreciation
12.36%
Original Mortgage
$308,000
Outstanding Balance
$227,642
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$455,388

Purchase Details

Closed on
Nov 9, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Laurel Homes Inc

Purchase Details

Closed on
Sep 27, 2010
Sold by
Helsabeck Laurie O and Helsabeck Michael M
Bought by
Federal Home Loan Mortgage Corporation

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
Kaiser Harold F $395,000 None Available
Laurel Homes Inc -- None Available
Federal Home Loan Mortgage Corporation $260,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaiser Harold F $308,000
Previous Owner Helsabeck Laurie O $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $394,900 0.0% $250 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $394,900 -- $250 / 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 $1,932 $482,900 $0 $482,900
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 $2,730 $281,400 $50,000 $231,400
2018 $1,548 $281,400 $50,000 $231,400
2017 $2,322 $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

  • E

    Seller's Agent in 2020

    Eric Reeves

    Allen Tate Real Estate - Blowing Rock

  • L

    Buyer's Agent in 2020

    Lora Lecka

    Northstar Properties

See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 222003

High Country Association of REALTORS®

APN: 1847-00-95-8346-00002

North Carolina Avery County Sugar Mountain 28604

561 Craggy Point Unit 12B, Sugar Mountain, NC

Homes for Sale in Sugar Mountain, NC

This home is located at 561 Craggy Point Unit 12B, Sugar Mountain, NC 28604 since 05 June 2020 and is currently estimated at $671,149, approximately $424 per square foot. This property was built in 2006. 561 Craggy Point Unit 12B is a home located in Avery County with nearby schools including Banner Elk Elementary School and Avery Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

High Country Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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