NOT LISTED FOR SALE

60 Sugar Ridge Ln Banner Elk, NC 28604

Estimated Value: $523,000 - $758,000

3 Beds
2 Baths
1,336 Sq Ft
$477/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $680,000 $509 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,494/month

34 Days on Market

Highlights

  • 1.26 Acre Lot
  • Mountain View
  • Furnished
  • Banner Elk Elementary School Rated A-
  • Mountain Architecture
  • No HOA

About This Home

As of March 2024

'FIREFLY CABIN" 5 Star Review "VIEW" Property located in Banner Elk! Great Investment Property or 2nd Home. Quiet, Peaceful Setting! Turn-Key being sold Fully Furnished. Home is situated on .68-acre lot being sold with adjacent .58-acre Lot. This One Level Living 3 Bedroom 2 Bath Log Home has been Well Maintained and in Excellent condition – built in 2011 and gently used as a 2nd home (no rentals) 2011-2021. New Addition in 2022: Low Maintenance Trex Deck with railing for New Bullfrog Hot Tub. (Watch Beech Mountain fireworks from the 7 person hot tub). Rental Income: $35,000 in 2023 through Blue Ridge Mountain Rentals. Enjoy the views from inside or outside the home. Built in custom full over queen bunk beds increased rental capacity. Updated all bedroom furniture including 2 new King size beds and mattresses. Added 2 new chairs and table to current outdoor furniture and put in new dishwasher. You can easily park multiple cars along the long, flat driveway. Minutes to Wildcat Lake, Downtown Banner Elk, Town Park, Restaurants and Area Attractions. A Short commute to Sugar Mtn & Beech Mtn Ski Resorts. **The cabin is located on a gravel road, so although front wheel drive vehicles do manage during the summer season, strongly recommend AWD/4 x 4 for Winter access. This property is booked most weekends, so weekdays are best time to see it. Owner has Blocked March 1-3 and March 8-10 for showings. Please Watch Virtual Tour! PLEASE NO DRIVE BYS DUE TO RENTALS.

Last Agent to Sell the Property

Linda Cramblit

Blue Ridge Realty & Inv. - Banner Elk Brokerage Phone: 828-737-3100 Listed on: 02/05/2024

Last Buyer's Agent

Corrinne Loucks

828 Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,667

Year Built

  • Built in 2010

Lot Details

  • 1.26 Acre Lot
  • Property fronts a private road

Home Design

  • Mountain Architecture
  • Log Cabin
  • Metal Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 1,336 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Gas Fireplace
  • Propane Fireplace
  • Mountain Views
  • Crawl Space

Kitchen

  • Electric Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Central Air
  • Heat Pump System
  • Shared Well
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sugar Ridge Estates Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1847-01-49-1633-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,667

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.26
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: Sugar Ridge Estates
  • Above Grade Finished Sq Ft: 1336.0
  • Architectural Style: Log Home, Mountain
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2010
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 828-737-3100
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Propane
  • Fireplace: Yes
  • Interior Amenities: Furnished
  • Living Area: 1336.0
  • Stories: 1

Exterior Features

  • View: Long Range, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log, Wood Siding
  • Exterior Features: Gravel Driveway
  • Patio And Porch Features: Covered
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway, Gravel, Private

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Fireplace(s), Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Permit 3 Bedroom
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Parcel #: 1847-01-49-1633-00000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1667.42
  • Tax Book Number: 566/1672

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Mar 4, 2024
Sold by
Kuykendoll James and Kuykendoll Jennifer
Bought by
Kuykendoll James and Kuykendoll Jennifer
Seller's Agent
Linda Cramblit
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
Corrinne Loucks
828 Real Estate
List Price
$699,000
Sold Price
$680,000
Premium/Discount to List
-$19,000
-2.72%
Views
36
Current Estimated Value
$636,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,333
Avg. Annual Appreciation
-4.01%
Original Mortgage
$510,000
Outstanding Balance
$501,038
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$135,629

Purchase Details

Closed on
Dec 9, 2010
Sold by
Vonco Inc
Bought by
White Donald M and White Daneen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
4.31%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Kuykendoll James $680,000 None Listed On Document
White Donald M $230,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuykendoll James $510,000
Previous Owner White Donald M $207,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2024 03/11/24 Sold $680,000 -2.7% $509 / Sq Ft
02/05/2024 02/05/24 For Sale $699,000 +55.3% $523 / Sq Ft
09/24/2021 09/24/21 Sold $450,000 0.0% $294 / Sq Ft View Prior Sale
08/25/2021 08/25/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $450,000 -- $294 / 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 $1,532 $383,100 $32,500 $350,600
2023 $1,625 $383,100 $32,500 $350,600
2022 $1,625 $383,100 $32,500 $350,600
2021 $937 $170,300 $32,500 $137,800
2020 $937 $170,300 $32,500 $137,800
2019 $937 $170,300 $32,500 $137,800
2018 $937 $170,300 $32,500 $137,800
2017 $968 $176,000 $0 $0
2016 $787 $176,000 $0 $0
2015 $787 $176,000 $32,500 $143,500
2012 -- $196,100 $40,000 $156,100
Source: Public Records

Agents Affiliated with this Home

  • Linda Cramblit

    Seller's Agent in 2024

    Linda Cramblit

    Blue Ridge Realty & Inv. - Banner Elk

    (828) 737-3100

    76 in this area

    181 Total Sales

    Linda Cramblit
    Section Image
  • Corrinne Loucks

    Buyer's Agent in 2024

    Corrinne Loucks

    828 Real Estate

    (828) 773-1615

    12 in this area

    88 Total Sales

    Corrinne Loucks
    Section Image
  • Amy Pepin

    Seller's Agent in 2021

    Amy Pepin

    Premier Sotheby's International Realty- Banner Elk

    (828) 898-3251

    37 in this area

    87 Total Sales

    Amy Pepin
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 247755

High Country Association of REALTORS®

APN: 1847-01-49-1633-00000

North Carolina Avery County Banner Elk 28604

60 Sugar Ridge Ln, Banner Elk, NC

This home is located at 60 Sugar Ridge Ln, Banner Elk, NC 28604 since 05 February 2024 and is currently estimated at $636,667, approximately $476 per square foot. This property was built in 2010. 60 Sugar Ridge Ln is a home located in Avery County with nearby schools including Banner Elk Elementary School, Avery Middle School, and Avery County High 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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