NOT LISTED FOR SALE

1017 Cabin Flats Rd Balsam, NC 28707

Estimated Value: $198,843 - $305,000

2 Beds
1 Bath
-- Sq Ft
0.31 Acres

Last Sold December 04, 2020

Last sale price $124,900

Est. 93% increase in value since last sale

Current estimated payment $1,334/month

788 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Window Unit Cooling System
  • Wood Flooring
  • No HOA
  • 1 Attached Carport Space

About This Home

As of December 2020

Great Balsam location, just off Cabin Flats Rd. This cabin would make a great vacation home, close to Waynesville and Sylva and not too far from Maggie Valley or Fontana Lake. Or, it would make a nice starter home. The two bedrooms are on the main level with the living room and the sitting room. Kitchen, dining area, laundry & bath are downstairs. This home was built in 1959 and has some low ceilings. The upstairs sitting room and all the downstairs rooms have low ceilings, approximatly 6'-6" in heigh so their sqft is NOT included. An inspection of the septic system found it has failed over time. The owner has replaced the entire system.

Last Buyer's Agent

Patricia Stanberry

Apple Realty, LLC License #189427

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $487

Year Built

  • Built in 1959

Lot Details

  • 0.31 Acre Lot
  • Property fronts a state road

Home Design

  • Cabin
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Electric Oven or Range
  • Washer

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Parking

  • 1 Car Attached Garage
  • 1 Attached Carport Space

Outdoor Features

  • Deck

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • C.A. Ballough Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7683531860

Home Details

Home Type

Single Family

Est. Annual Taxes

$487

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.31
  • Road Frontage Type: State Road
  • Ownership: More than One Year
  • Subdivision Name: C.A. Ballough
  • Directions: From US Hwy 74 turn onto Candlestick and turn right at the fork, cross over the railroad tracts onto Cabin Flats Rd. Follow to RE pointer sign across from the driveway.
  • Architectural Style: Cabin
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 1959
  • Kitchen Level: Basement
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8285067229
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Electric Oven/Range, Washer, Refrigerator
  • Has Basement: Full, Heated, Exterior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Insulated Windows, Window Treatments
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Office Level: First
  • Room Living Room Area: 198
  • Room Kitchen Area: 70
  • Dining Room Dining Room Level: Basement
  • Master Bedroom Master Bedroom Width: 12
  • Room Master Bedroom Area: 144
  • Room Dining Room Area: 96

Exterior Features

  • Lot Features: Elevation over 3000
  • View: No
  • Home Warranty: No
  • Waterfront Elevation: 3560
  • Construction Type: Wood Siding
  • Patio And Porch Features: Deck
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Carport-Single Attached

Utilities

  • Laundry Features: In Basement
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Community
  • Gas Company: Propane Tank: None

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 13503.6
  • Parcel #: 7683531860
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 487.1
  • Tax Book Number: 876

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2018
Closed on
Dec 2, 2020
Sold by
Culleton Dianne M and The Culleton Family Trust
Bought by
Christenson Benjamin Bruce and Christenson A Lynn E
Buyer's Agent
Patricia Stanberry
Apple Realty, LLC
List Price
$124,900
Sold Price
$124,900
Current Estimated Value
$240,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,561
Avg. Annual Appreciation
14.52%
Original Mortgage
$60,000
Outstanding Balance
$54,038
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$186,423
Source: Public Records

Range of Values:

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Average Value
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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
Christenson Benjamin Bruce $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christenson Benjamin Bruce $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $124,900 0.0% --
11/04/2020 11/04/20 Pending -- -- --
09/07/2018 09/07/18 For Sale $124,900 -- --
Source: Carolina Smokies Association of REALTORS®

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
2025 $711 $187,110 $43,680 $143,430
2024 $476 $125,150 $40,600 $84,550
2023 $601 $125,150 $40,600 $84,550
2022 $601 $125,150 $40,600 $84,550
2021 $476 $125,150 $40,600 $84,550
2020 $487 $106,080 $30,600 $75,480
2019 $487 $106,080 $30,600 $75,480
2018 $487 $106,080 $30,600 $75,480
2017 $477 $106,080 $30,600 $75,480
2015 $409 $106,080 $30,600 $75,480
2011 -- $94,160 $29,140 $65,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26009781

APN: 7683-53-1860