1040 Sugar Mountain Dr
Sugar Mountain, NC 28604
4 bd 4 ba 1,802 sqft Built 1972 condos
Most recent sale
$436,000
May 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 6, 2022 | Sold | $436,000 | MLS #236073 |
| Mar 14, 2022 | Listed | $409,000 | MLS #236073 |
| Apr 7, 2016 | Sold | $168,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $259,100 | — | $259,100 | $1,761 |
| 2023 | $259,100 | — | $259,100 | $1,761 |
| 2022 | $259,100 | — | $259,100 | $1,104 |
| 2021 | $122,500 | $30,000 | $152,500 | $889 |
| 2020 | $122,500 | $30,000 | $152,500 | $1,529 |
| 2019 | $122,500 | $30,000 | $152,500 | $1,534 |
| 2018 | $122,500 | $30,000 | $152,500 | $1,529 |
| 2017 | $119,900 | $30,000 | $149,900 | $1,513 |
| 2016 | $119,900 | $30,000 | $149,900 | $710 |
| 2015 | $119,900 | $30,000 | $149,900 | $710 |
| 2014 | $119,900 | $30,000 | $149,900 | $827 |
| 2013 | — | — | $184,800 | $793 |
Property facts
Year built
1972
Property type
condos
Stories
—
Beds
4
Baths
4
Living area
1,802 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 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,433
Gross rental yield
6.70%
Implied cap rate
4.35%
Trend-extrapolated value
—
Frequently asked questions
When did 1040 Sugar Mountain Dr last sell?
1040 Sugar Mountain Dr most recently sold on May 6, 2022 for $436,000.
What is the current tax assessment for 1040 Sugar Mountain Dr?
The most recent total assessment for 1040 Sugar Mountain Dr (year 2025) is $259,100 with $1,761 in property tax.
How does 1040 Sugar Mountain Dr's assessment compare to its last sale price?
The current assessment is 40.6% below the last sale price of $436,000.
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, 1,802 sqft condos.
Is 1040 Sugar Mountain Dr a flip candidate?
No — 1040 Sugar Mountain Dr does not appear in our flips dataset.
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 valuationQuarterly 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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