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1040 Sugar Mountain Dr

Sugar Mountain, NC 28604

4 bd 4 ba 1,768 sqft Built 1972 condos
Most recent sale
$444,235
Sep 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 9, 2022 Sold $444,235 MLS #238623
Jul 13, 2022 Listed $449,000 MLS #238623
Sep 7, 2021 Sold $318,500 Public Record
Feb 25, 2020 Sold $198,000 MLS #219895
Jan 27, 2020 Listed $210,000 MLS #219895
Oct 15, 2019 Sold $158,500 MLS #217370

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $305,700 $305,700 $2,078
2023 $305,700 $305,700 $2,078
2022 $305,700 $305,700 $1,222
2021 $128,900 $44,000 $172,900 $951
2020 $128,900 $44,000 $172,900 $1,677
2019 $128,900 $44,000 $172,900 $1,677
2018 $128,900 $44,000 $172,900 $1,734
2017 $121,400 $55,000 $176,400 $1,846
2016 $121,400 $55,000 $176,400 $836
2015 $121,400 $55,000 $176,400 $836
2014 $121,400 $55,000 $176,400 $974
2013 $214,100 $919

Property facts

Year built
1972
Property type
condos
Stories
Beds
4
Baths
4
Living area
1,768 sqft
Lot size
ZIP code
28604
City
Sugar Mountain
Street
Sugar Mountain Dr
Coordinates
36.13003, -81.85609

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,387
Gross rental yield
6.45%
Implied cap rate
4.19%
Trend-extrapolated value

Frequently asked questions

When did 1040 Sugar Mountain Dr last sell?
1040 Sugar Mountain Dr most recently sold on Sep 9, 2022 for $444,235.
What is the current tax assessment for 1040 Sugar Mountain Dr?
The most recent total assessment for 1040 Sugar Mountain Dr (year 2025) is $305,700 with $2,078 in property tax.
How does 1040 Sugar Mountain Dr's assessment compare to its last sale price?
The current assessment is 31.2% below the last sale price of $444,235.
When was 1040 Sugar Mountain Dr built?
1040 Sugar Mountain Dr was built in 1972.
How does 1040 Sugar Mountain Dr compare to others on Sugar Mountain Dr?
We track 8 other properties on Sugar Mountain Dr. Browse the list under "Other properties on Sugar Mountain Dr" to compare beds, baths, and sale history.
What are the property facts for 1040 Sugar Mountain Dr?
1040 Sugar Mountain Dr is a 4 bed, 4 bath, 1,768 sqft condos.
Is 1040 Sugar Mountain Dr a flip candidate?
Yes — 1040 Sugar Mountain Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1040 Sugar Mountain Dr a tax-appeal candidate?
No — 1040 Sugar Mountain Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.8%
Implied 1-yr
-3.0%
2026 Q3
$471.6K
2026 Q4
$467.9K
ZIP 28604 — Median Price History + Forecast

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