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CondominiumResidential
Last sold for $285,000 on Oct 15, 2021

315 TIMBER RIDGE RD

SUGAR MOUNTAIN, NC 28604
1982
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
Built 19827 units582–1,165 ft²
$1.5M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$205K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$235
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-32.0%vs the Banner Elk ZIP median sale $/ft² ($346)

Sales Performance

$215K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
-24.6%
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
1
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
14.3%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+8.6%per yeartypical hold 2.8 yrsfrom 11 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20112016201720192020202220232026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
20112016201720192020202220232026

26 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

1 bed
3 units
2 bed
2 units
3 bed
2 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
1 bd · 1 ba · 582 ft²
3 units
2 bd · 2 ba · 873 ft²
2 units
3 bd · 2 ba · 1,165 ft²
2 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$124K–$124K
1 unit
$190K–$205K
3 units
$210K–$213K
2 units
$354K–$354K
1 unit

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.0%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.14%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.3.6 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.33%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.43%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$216,044
Median tax billThe middle annual property tax bill among the building's units.$791
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit C7Apr 13, 2026$215,000Unit A3Oct 9, 2025$360,000Unit B4Apr 16, 2025$210,000Unit C7Jul 7, 2023$195,000Unit A1Sep 9, 2022$185,000BuildingSep 2, 2022$218,000BuildingOct 15, 2021$285,000Unit B4Oct 13, 2021$233,000BuildingAug 9, 2021$358,000BuildingMar 15, 2021$234,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,911 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$281,000 (2025)
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$281,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$281,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$281,000

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
CountyAvery
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.2012
ConstructionThe main material the home's frame and walls are built from.Concrete Blocks
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Footing
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Baseboard
CoolingThe type of cooling or air conditioning in the home.None
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 355 ft²Patio · 355 ft²

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Banner Elk Elementary SchoolA-
Elementary · Grades PK–5 · 1.2 mi
M
Avery Middle SchoolD-
Middle · Grades 6–8 · 5.3 mi
H
Avery County High SchoolD+
High · Grades 9–12 · 5.4 mi

District: Avery County Schools

Neighborhood · ZIP 28604These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.134
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.94
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.101

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.37%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.23%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.6,804
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.101 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$63,426
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$86,578
Average tempThe average temperature here across a full year.49°F
Annual precipHow much rain and melted snow falls here in a typical year.55 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

315 Timber Ridge Rd
3 bd · 2 ba · 1,165 ft²
$337K
315 Timber Ridge Rd
3 bd · 2 ba · 1,165 ft²
$320K
315 Timber Ridge Rd
2 bd · 2 ba · 873 ft²
$412K
315 Timber Ridge Rd
2 bd · 2 ba · 873 ft²
$159K
315 Timber Ridge Rd
3 bd · 2 ba · 1,165 ft²
$333K
315 Timber Ridge Rd
2 bd · 2 ba · 873 ft²
$193K
315 Timber Ridge Rd
1 bd · 1 ba · 582 ft²
$218K
315 Timber Ridge Rd Unit A1
1 bd · 1 ba · 582 ft²
$210K
315 Timber Ridge Rd Unit A2
1 bd · 1 ba · 582 ft²
$124K
315 Timber Ridge Rd Unit A3
3 bd · 2 ba · 1,165 ft²
$354K
315 Timber Ridge Rd Unit B4
2 bd · 2 ba · 873 ft²
$205K
315 Timber Ridge Rd Unit B5
2 bd · 2 ba · 873 ft²
$204K
315 Timber Ridge Rd Unit B6
3 bd · 2 ba · 1,165 ft²
$190K
315 Timber Ridge Rd Unit C7
1 bd · 1 ba · 582 ft²
$213K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 315 Timber Ridge Rd

How many units are in 315 Timber Ridge Rd, Sugar Mountain, NC?

315 Timber Ridge Rd, Sugar Mountain, NC has 7 residential units across built in 1982, according to county assessor records.

What is a unit at 315 Timber Ridge Rd, Sugar Mountain, NC worth?

The median TopHap Estimate across the 7 units at 315 Timber Ridge Rd, Sugar Mountain, NC is $205,495. That works out to $235 per square foot. Units run from 582 to 1,165 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 315 Timber Ridge Rd, Sugar Mountain, NC expensive for Banner Elk?

Units at 315 Timber Ridge Rd, Sugar Mountain, NC carry a median of $235 per square foot, 32% below the Banner Elk median of $346 per square foot.

How often do units sell at 315 Timber Ridge Rd, Sugar Mountain, NC?

1 units at 315 Timber Ridge Rd, Sugar Mountain, NC sold in the last 12 months, out of 26 recorded arms-length sales all time. That is a turnover rate of 14.3% of the building per year. The median sale over that period was $215K.

Have units at 315 Timber Ridge Rd, Sugar Mountain, NC appreciated?

Across 11 repeat sales of the same unit, 315 Timber Ridge Rd, Sugar Mountain, NC returned a median 8.6% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 2.8 years.

What floor plans does 315 Timber Ridge Rd, Sugar Mountain, NC have?

The most common plan at 315 Timber Ridge Rd, Sugar Mountain, NC is a 1-bedroom of 582 square feet, repeated 3 times, with a median estimate of $210,310. TopHap identifies 3 recurring plans in the building.

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