NOT LISTED FOR SALE
2 Beds
15 Baths
5,040 Sq Ft
0.35 Acre Lot

Sale Details

Date Sold: December 21, 2016

Last sale price $430,000 $85 Per Sq Ft

386 Days on Market

About This Home

As of December 2016

100% Leased 5-plex really close to downtown Sylva. 10% CAP rate! Short drive to Western Carolina University. Stays leased without issue. Fantastic floor plan with 2 master bedrooms upstairs. Each with it's own bath. Plus a half bath downstairs. Large living rooms and large kitchen. Each unit has back deck and front porch. Plenty of parking. Nice mountain views from upstairs bedrooms. Easy access to main roads going to Cherokee, Waynesville and Cullowhee.

Last Agent to Sell the Property

Aaron Kraft

WEICHERT, Realtors - Unlimited License #241085 Listed on: 11/10/2015

WEICHERT, Realtors - Unlimited

Last Buyer's Agent

Jerry Powell

Howard Hanna Beverly-Hanks Waynesville License #237650

Howard Hanna Beverly-Hanks Waynesville

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1997

Lot Details

  • 0.35

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding

Flooring

  • Carpet
  • Laminate

Additional Features

  • Crawl Space

Listing and Financial Details

  • Tenant pays for cable, electricity
  • Rent includes snow removal, garbage pick-up, water
  • Assessor Parcel Number 7641-18-8780

Property Details

Home Type

Multi-Family

Year Built

Built in 1997

Lot Details

0.35 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Fiveplex
  • Ratio Close Price By List Price: 0.95577
  • Ratio Close Price By Original Li: 0.86017
  • Ratio Current Price By Acre: 1228571.43
  • Ratio Current Price By Sq Ft: 85.32
  • Year Built: 1997
  • Property Features: Dishwasher, Range/Oven, Refrigerator, W/D Connection
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 10
  • Half Bathrooms: 5
  • Total Bedrooms: 2
  • Equipment: Electric Range, Refrigerator, Electric Oven
  • Flooring: Laminate Tile, Carpet
  • Laundry Location: Main
  • Total Sq Ft: 5040

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Central Air, Electric Hot Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Features: Mountain View
  • Parcel Number: 7641-18-8780
  • Zoning: Residential
  • Zoning Specification: R1

Rental Info

  • Rent Includes: Snow Removal, Garbage Pick-up, Water
  • Tenant Pays: Cable, Electricity

Tax Info

  • Tax Value: 429100.00
  • Tax Location: Jackson

Multi Family

  • Unit Count: 1
  • Number Of Units Total: 5

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,300
Interest Rate
0.0638%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 10, 2015
Closed on
Dec 21, 2016
Sold by
Bought by
Seller's Agent
Aaron Kraft
WEICHERT, Realtors - Unlimited
Buyer's Agent
Jerry Powell
Howard Hanna Beverly-Hanks Waynesville
List Price
$499,900
Sold Price
$430,000
Premium/Discount to List
-$69,900
-13.98%

Purchase Details

Listed on
Jul 18, 2014
Closed on
Sep 12, 2014
Sold by
Bought by
Seller's Agent
Dana Smith
BCNC Investments, Inc.
Buyer's Agent
Aaron Kraft
WEICHERT, Realtors - Unlimited
List Price
$469,900
Sold Price
$400,000
Premium/Discount to List
-$69,900
-14.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%
Original Mortgage
$370,000
Interest Rate
0.0417%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$598,000 Chicago Title
$430,000 Attorney
$400,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $508,300
Previous Owner $370,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/21/2016 12/21/16 Sold $430,000 -14.0% $85 / Sq Ft
11/30/2016 11/30/16 Pending -- -- --
11/10/2015 11/10/15 For Sale $499,900 +25.0% $99 / Sq Ft
09/21/2014 09/21/14 Sold $400,000 -14.9% $79 / Sq Ft View Prior Sale
08/22/2014 08/22/14 Pending -- -- --
07/18/2014 07/18/14 For Sale $469,900 -- $93 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,238 $589,006 $77,960 $511,046
2024 $1,619 $426,180 $33,080 $393,100
2023 $1,619 $426,180 $33,080 $393,100
2022 $2,244 $426,180 $33,080 $393,100
2021 $1,619 $426,180 $33,080 $393,100
2020 $2,015 $419,810 $26,460 $393,350
2019 $2,015 $419,810 $26,460 $393,350
2018 $2,015 $419,810 $26,460 $393,350
2017 $1,973 $419,810 $26,460 $393,350
2015 $1,621 $419,810 $26,460 $393,350
2011 -- $429,100 $66,270 $362,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: CAR3128544

Canopy MLS
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