NOT LISTED FOR SALE

57 Sugar Ridge Ln Banner Elk, NC 28604

Estimated Value: $536,379 - $744,000

3 Beds
2 Baths
1,711 Sq Ft
$369/Sq Ft Est. Value

Last Sold July 19, 2013

Last sale price $260,000 $152 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $3,465/month

Highlights

  • Mountain View
  • Wooded Lot
  • No HOA
  • Banner Elk Elementary School Rated A-
  • Mountain Architecture
  • Wrap Around Porch

About This Home

As of July 2013

Newer 3 bedroom log cabin close to Banner Elk and Wildcat Lake! Priced $25,000 below tax value! Views of Beech Mountain through the wall of glass windows in the great room/dining area! Kitchen boasts stainless steel appliances and granite counter-tops. A floor to ceiling cultured stone fireplace in the great room, and a fireplace facing the dining area and kitchen, too! Tongue-in-groove wood ceiling and wood floors in main level living areas for that special mountain feel! A screened covered deck off the great room provides additional living space, and an open deck is available, too! This home is conveniently located approximately one mile to Wildcat Lake, the area's best outdoor recreation spot, where one can swim, fish and picnic! Another mile or so from there brings you into quaint Banner Elk, where summer concerts, skiing, theater and several dining choices are available! There is an unfinished basement housing a work room, storage and mechanical equipment, which has not been included in heated square footage.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,233

Year Built

  • Built in 2008

Lot Details

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

Property Views

  • Mountain
  • Seasonal

Home Design

  • Mountain Architecture
  • Log Cabin
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding
  • Concrete Siding
  • Log Siding

Interior Spaces

  • 1,711 Sq Ft Home
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Gravel Driveway

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances

Outdoor Features

  • Wrap Around Porch
  • Screened Patio

Schools

  • Banner Elk Elementary School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Shared Well
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 19
  • Assessor Parcel Number 184701397778

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,233

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.6
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Above Grade Finished Sq Ft: 1711.0
  • Architectural Style: Log Home, Mountain
  • Carport Y N: Yes
  • Efficiency: Appliances
  • Year Built: 2008
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Gas Range, Microwave, Refrigerator, Washer, ENERGY STAR Qualified Appliances
  • Other Equipment: Satellite Dish
  • Has Basement: Other, Partial, See Remarks, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: One, Gas, Stone, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1711.0
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Wooded
  • View: Mountain(s), Seasonal View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log Siding, Concrete, Wood Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple, Open, Screened, Wrap Around
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: Carport, Driveway, Gravel, Private

Utilities

  • Heating: Electric, Forced Air, Fireplace(s), Heat Pump, Other, See Remarks
  • Heating Yn: Yes
  • Sewer: Other, Private Sewer, See Remarks
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Other, See Remarks, Shared Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 184701397778
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1233.0
  • Tax Book Number: 446/2157
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2022
Sold by
Barbera Sarah R
Bought by
Barbera Sarah R and Barbera Aaron D
Current Estimated Value
$632,095

Purchase Details

Listed on
Mar 17, 2013
Closed on
Jul 15, 2013
Sold by
Knowles Ray E and Knowles Patricia S
Bought by
Robinson Sarah E
List Price
$260,000
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%
Original Mortgage
$130,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2010
Sold by
Andy Bowersox Inc
Bought by
Knowles Ray E and Knowles Patricia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
4.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Barbera Sarah R -- None Listed On Document
Robinson Sarah E $260,000 None Available
Knowles Ray E $285,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robinson Sarah E $130,000
Previous Owner Knowles Ray E $256,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2013 07/19/13 Sold $260,000 0.0% $152 / Sq Ft
06/19/2013 06/19/13 Pending -- -- --
03/17/2013 03/17/13 For Sale $260,000 -- $152 / 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 $1,492 $373,100 $25,000 $348,100
2023 $1,492 $373,100 $25,000 $348,100
2022 $0 $373,100 $25,000 $348,100
2021 $1,410 $256,400 $25,000 $231,400
2020 $1,410 $256,400 $25,000 $231,400
2019 $1,410 $256,400 $25,000 $231,400
2018 $1,410 $256,400 $25,000 $231,400
2017 $1,463 $266,000 $0 $0
2016 $1,190 $266,000 $0 $0
2015 $1,159 $266,000 $25,000 $241,000
2012 -- $304,400 $40,000 $264,400
Source: Public Records

Map

Source: High Country Association of REALTORS®

MLS Number: 177270

High Country Association of REALTORS®

APN: 1847-01-39-7778-00000