NOT LISTED FOR SALE

Lot 220 Paddock Ln Sugar Mountain, NC 28604

Estimated Value: $301,000 - $420,000

0.61 Acre
$590,984 Price per Acre
26,572 Sq Ft Lot

Last Sold December 30, 2022

Last sale price $65,000

Est. 455% increase in value since last sale

Current estimated payment $1,948/month

Highlights

  • Mountain View
  • Partially Wooded Lot
  • High Speed Internet
  • Banner Elk Elementary School Rated A-

About This Lot

As of December 2022

Experience all four seasons on Sugar Mountain: amazing fall colors, winter snow fun, cool spring, and summer breezes. Underground utilities and high-speed internet are available. The lot is fairly level and easy to build on. A short distance to area amenities including Sugar Mountain ski slopes and golf course, Lees-McRae College, Banner Elk Winery, Blue Ridge Parkway, Grandfather Mountain, Beech Mountain, and Boone. The High Country has so much to offer, snow skiing, tubing, hiking, fishing, fine dining, wine tasting, music festivals, and many more.

Last Agent to Sell the Property

Luci Mae Lowery

Premier Sotheby's International Realty- Banner Elk Listed on: 11/10/2022

Premier Sotheby's International Realty- Banner Elk

Last Buyer's Agent

Amy Pepin

Premier Sotheby's International Realty- Banner Elk

Premier Sotheby's International Realty- Banner Elk

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $238

Lot Details

  • 0.61 Acre Lot
  • Property fronts a private road
  • Partially Wooded Lot
  • Zoning described as R2

HOA Fees

  • $23 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • 220 Volts
  • Not Connected to Water Source
  • Not Connected to Sewer
  • High Speed Internet
  • Cable TV Available

Community Details

  • Sugar Pointe Subdivision

Listing and Financial Details

  • Long Term Rental Allowed
  • Tax Lot 220
  • Assessor Parcel Number 1857-00-14-2853-00000

Property Details

Property Type

Land

Est. Annual Taxes

$238

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.61
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: Sugar Pointe
  • Property Sub Type Additional: Residential
  • Special Features: None

Exterior Features

  • View: Mountain(s), Residential
  • View: Yes
  • Waterfront: No

Utilities

  • Electric: 220 Volts
  • Sewer: Not Connected, Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Not Connected, Public

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed
  • Association Fee: 270.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 1857-00-14-2853-00000
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 238.0
  • Tax Book Number: 557/1478
  • Tax Lot: 220

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2022
Closed on
Dec 30, 2022
Sold by
Burch Ryan
Bought by
Bruno Mark and Reed Kathleen
Seller's Agent
Luci Mae Lowery
Premier Sotheby's International Realty- Banner Elk
Buyer's Agent
Amy Pepin
Premier Sotheby's International Realty- Banner Elk
List Price
$85,000
Sold Price
$65,000
Premium/Discount to List
-$20,000
-23.53%
Views
22
Current Estimated Value
$360,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,500
Avg. Annual Appreciation
84.78%

Purchase Details

Listed on
Jun 23, 2019
Closed on
Mar 8, 2021
Sold by
Wettenstein Elias H and Wettenstein Arlene D
Bought by
Burch Ryan T
Seller's Agent
Kathleen Oberle
Sugar Mountain Realty-Dereka's
Buyer's Agent
Kathleen Oberle
Sugar Mountain Realty-Dereka's
List Price
$35,000
Sold Price
$35,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.78%

Purchase Details

Closed on
Feb 3, 2015
Sold by
Rl Regi Nc Sugarm Llc
Bought by
Wettenstein Elias H and Wettenstein Arlene D
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
Bruno Mark $65,000 --
Burch Ryan T $35,000 None Available
Wettenstein Elias H $25,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2022 12/30/22 Sold $65,000 -23.5% --
12/21/2022 12/21/22 Pending -- -- --
11/10/2022 11/10/22 For Sale $85,000 +142.9% --
03/09/2021 03/09/21 Sold $35,000 0.0% -- View Prior Sale
02/07/2021 02/07/21 Pending -- -- --
06/23/2019 06/23/19 For Sale $35,000 -- --
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 -- $35,000 $35,000 --
2023 $238 $35,000 $35,000 $0
2022 $0 $35,000 $35,000 $0
2021 $132 $24,000 $24,000 $0
2020 $233 $24,000 $24,000 $0
2019 $233 $24,000 $24,000 $0
2018 $132 $24,000 $24,000 $0
2017 $266 $26,300 $0 $0
2016 $118 $26,300 $0 $0
2015 $118 $26,300 $26,300 $0
2012 -- $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Luci Mae Lowery

    Seller's Agent in 2022

    Luci Mae Lowery

    Premier Sotheby's International Realty- Banner Elk

    (828) 358-6195

    4 in this area

    41 Total Sales

    Luci Mae Lowery
    Section Image
  • Amy Pepin

    Buyer's Agent in 2022

    Amy Pepin

    Premier Sotheby's International Realty- Banner Elk

    (828) 898-3251

    7 in this area

    87 Total Sales

    Amy Pepin
    Section Image
  • Kathleen Oberle

    Seller's Agent in 2021

    Kathleen Oberle

    Sugar Mountain Realty-Dereka's

    (828) 898-7981

    49 in this area

    54 Total Sales

    Kathleen Oberle
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 240629

High Country Association of REALTORS®

APN: 1857-00-14-2853-00000

North Carolina Avery County Sugar Mountain 28604

Lot 220 Paddock Ln, Sugar Mountain, NC

This home is located at Lot 220 Paddock Ln, Sugar Mountain, NC 28604 since 10 November 2022 and is currently estimated at $360,500. Lot 220 Paddock 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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