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$474,900

Beds
3
Baths
3.0
sq ft
1,354

1443 Sugar Mountain Dr Unit B-11, Banner Elk, NC 28604

1443 Sugar Mountain Dr Unit B-11

Sugar Mountain, NC 28604

  • 270 days on market
    • Price drop $23,100↓
Want to be able to walk to Sugar Mountain ski resort slopes out your front door? This is the perfect place to rest after a long day of skiing or a summer day of hiking and mountain biking. Enjoy all the area of Sugar Mtn and Banner Elk has to offer with a short drive to Grandfather Mountain and Boone. This condo features three levels of living. The first floor has one bedroom, a full bathroom, kitchen, and a comfortable living room with access to an outside deck. Second floor features two bedrooms and two full bathrooms. The primary suite is upstairs with an en-suite bathroom that also has a washer and dryer. Third floor is a sleeping loft. Unit is being sold totally furnished with minor exclusions. Short term rental history available. Sit on the back deck and listen to the babbling Bee Branch below. Walk out the front door with your snowboard and skis and be at the chairlift after a quick stroll!! Walk to the Sugar Mountain Golf Course to hit some golf balls. Only 3 miles from downtown Banner Elk. 3 wineries within 15 min drive time. Beautiful Grandfather Mountain is only 15 min away. This location has it all!

Details

Property type

Condominium

Est. home value

$343,381

Lot size

Unknown

Price per sq ft

$351

Year built

1973

Annual property taxes

$1,488

Monthly HOA fee

$321.23

Price History

07/08/2024
HighCountry

HighCountry #248601

Price change
$474,900
-4.64%
03/28/2024
HighCountry

HighCountry #248601

Listed
$498,000
+56.33%
05/16/2023
HighCountry

HighCountry #242745

Sold
$318,550
+165.46%

Schools & Community

Elementary school: 

Banner Elk

Middle school: 

Unknown

High school: 

Avery County

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$342,490
Asking price
$474,900
Closing costs (~8% of asking)
-$37,992
Est. remaining loan balance
-$94,418
Cash to seller
$342,490

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Mountain 1St Bank & Trust Co

Loan start date

October 2007

Original loan amount

$144,000

Est. remaining balance

$94,418

Interest rate

6.31%

Loan type

New Conventional, 30 year

Seller

Larry Fleming and Babette Fleming

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/23/2024 at 12:45 PM

Listing updated: 09/22/2024 at 9:40 AM

Listed by: Melissa Plemmons, EXP Realty LLC Phone #: (888) 584-9431

MLS: HighCountry #248601

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