NOT LISTED FOR SALE

0015 E Spark Chaser Rd E Sylva, NC 28779

Estimated Value: $161,000 - $318,000

1.89 Acres
$136,861 Price per Acre
82,328 Sq Ft Lot

Last Sold March 27, 2020

Last sale price $50,000

Est. 417% increase in value since last sale

Current estimated payment $2,000/month

333 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Tennis Courts
  • Equestrian Center
  • Clubhouse
  • Putting Green

About This Lot

As of March 2020

This property at Balsam Mountain Preserve is priced to SELL and is listed $75,000 under Assessed Tax Value. It is located within walking distance to Club Amenities and Hiking Trails. The Property topography is very buildable and allows for the home to be positioned to maximize the spectacular views to the North and South. The attached Site Plan was developed through a collaboration of several Design professionals, and the Plan has been designed to sit harmoniously within the natural landscape. The positioning of the home on a plateau along with the alignment of the driveway allows for a sense of arrival at the front door and provides outdoor living spaces to be located in areas to enjoy the wonderful views. Club membership offers a spectacular Arnold Palmer Signature Golf Course, Ruby Valley sports camp, you will also find a new Wellness Center, heated pool and Har-Tru Tennis courts, Equestrian facilities and Dining close by with New Club facilities underway at Doubletop Village.

Last Listed By

Barbara Huse

Balsam Team License #233443 Listed on: 03/30/2019

Property Details

Property Type

  • Land

Lot Details

HOA Fees

  • $517 Monthly HOA Fees

Additional Features

  • Equestrian Center
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 7672-11-3929
  • Tax Block 1

Community Details

Overview

  • Association Phone (828) 506-0842

Recreation

  • Golf Course Community
  • Tennis Courts
  • Putting Green
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$517 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.66667
  • Ratio Close Price By Original Li: 0.27793
  • Ratio Current Price By Acre: 26455.03
  • Restrictions: Manufactured Home Not Allowed
  • Special Features: None

Interior Features

  • H O A Management Phone: 8285060842

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Condo/Co-op/Association

  • Community Features: Club House, Equestrian Facilities, Equestrian Trails, Gated Community, Golf Course, Putting Green, Security, Tennis Court(s), Walking Trails
  • Association Fee: 6200.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Scotts Creek
  • Middle School: Unspecified
  • High School: Smoky Mountain

Lot Info

  • Lot Size Area: 1.890
  • Parcel Number: 7672-11-3929
  • Zoning Specification: Jackson
  • Plat Book Slide: 16-142
  • Plat Reference Section Pages: 16-142

Tax Info

  • Tax Value: 150000.00
  • Tax Block: 1
  • Tax Location: Jackson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2022
Sold by
Bmp Real Estate Holdings Llc
Bought by
Bmp David Southworth Real Estate Holdings Llc
Total Days on Market
333
Current Estimated Value
$258,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,700,000
Outstanding Balance
$7,761,993
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
-$7,503,326

Purchase Details

Listed on
Mar 30, 2019
Closed on
Mar 2, 2020
Sold by
Knapp Michael J and Knapp Susan G
Bought by
Bmp Real Estate Holdings Llc
Seller's Agent
Barbara Huse
Balsam Team
Buyer's Agent
Joseph Dellinger
Roots Property Advisors dba Redtree Property Advisors
List Price
$179,900
Sold Price
$50,000
Premium/Discount to List
-$129,900
-72.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.85%

Purchase Details

Closed on
Mar 26, 2018
Sold by
Stetson Lynn and Setson Kathleen
Bought by
Knapp Micahel J and Kavett Susan K

Purchase Details

Closed on
Jul 21, 2011
Sold by
Chaffin James J and Chaffin Betsy
Bought by
Wells Fargo Bank Na

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
Bmp David Southworth Real Estate Holdings Llc $8,766,500 --
Bmp Real Estate Holdings Llc $50,000 None Available
Knapp Micahel J $156,500 --
Wells Fargo Bank Na $302,171 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bmp David Southworth Real Estate Holdings Llc $9,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2020 03/27/20 Sold $50,000 -33.3% --
02/26/2020 02/26/20 Pending -- -- --
09/24/2019 09/24/19 Price Changed $75,000 -58.3% --
03/30/2019 03/30/19 For Sale $179,900 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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 $570 $150,000 $150,000 $0
2023 $570 $150,000 $150,000 $0
2022 $570 $150,000 $150,000 $0
2021 $570 $150,000 $150,000 $0
2020 $570 $150,000 $150,000 $0
2019 $570 $150,000 $150,000 $0
2018 $570 $150,000 $150,000 $0
2017 $555 $150,000 $150,000 $0
2015 $1,610 $300,000 $300,000 $0
2011 -- $575,000 $575,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3484158

Canopy MLS (Canopy Realtor® Association)

APN: 7672-11-3929