NOT LISTED FOR SALE

107 Mercy Ridge Sylva, NC 28779

Estimated Value: $309,000 - $326,719

3 Beds
3 Baths
-- Sq Ft
146,797 Sq Ft Lot

Last Sold February 16, 2024

Last sale price $277,500

Est. 15% increase in value since last sale

Current estimated payment $1,741/month

25 Days on Market

Highlights

  • Spa
  • 3.37 Acre Lot
  • Private Lot
  • Custom Home
  • Hilly Lot
  • Wooded Lot

About This Home

As of February 2024

SHOW FOR BACKUP. Charming affordable home in a private wooded setting on 3.37 +/- unrestricted acres, convenient to downtown Sylva! 3 bed/2 ba on main, with a comfortable split floor plan, spacious primary suite, hardwoods, & plenty of natural light. The back porch perched up in the trees is a delightful place to enjoy morning coffee. (This home offers not one, but two covered porches, inviting you to get outside & connect with nature.) Nice mountain view possible w/ tree clearing. The house is ready for some cosmetic work & updating, offering an opportunity to customize & personalize to make it your own. New roof (2022). The unfinished portion of the basement is a blank canvas to be used however you choose. Basement in-law quarters includes a bonus room, kitchenette, and full bath, with outside entrance; with cosmetic work this could be a cozy space for hosting. Outside, blooming plants around the home are ready to be enjoyed, with room for a gardening enthusiast to add to the collection. This property is easy to access and gets a good cell signal, yet feels like you're out in the country away from it all.

Last Agent to Sell the Property

Helen Gentry

Mason Peak Mountain Properties, LLC Brokerage Phone: 8286341615 Listed on: 07/21/2023

Mason Peak Mountain Properties, LLC

Last Buyer's Agent

Board Member Non

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $486

Year Built

  • Built in 1997

Lot Details

  • 3.37 Acre Lot
  • Private Lot
  • Lot Has A Rolling Slope
  • Hilly Lot
  • Wooded Lot

Parking

  • No Garage

Home Design

  • Custom Home
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Partially Furnished
  • Wood Burning Fireplace
  • Insulated Windows

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Spa Bath

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Spa
  • Porch

Utilities

  • Cooling Available
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7662054324

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$486

Year Built

Built in 1997

Lot Details

3.37 Acres

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 3.37
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Subdivision Name: None
  • Directions: From the US-74/US-441 interchange in Dillsboro, take US-74 towards Sylva/Waynesville for 6.6 miles. Turn Lt onto Mineral Springs Dr (by Freeman Gas) and go 0.7 miles. Turn Lt onto Mercy Ridge. (Look for realty sign.) Property will be the 1st driveway to your Left.
  • Architectural Style: Custom
  • Carport Y N: No
  • Garage Yn: No
  • Structure Type: Off Frame Modular
  • Year Built: 1997
  • NAV27_rets_property_type: Residential
  • NAV27_AllowsVacationRentalYN: No
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Electric Water Heater, Dishwasher, Microwave, Electric Oven/Range, Refrigerator, Washer, Dryer
  • Has Basement: Full, Partitioned, Recreation/Game Room, Exterior Entry, Washer/Dryer Hook-up, Finished Bath, Other
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Hardwood, Combination
  • Interior Amenities: In-law Quarters, Large Master Bedroom
  • Main Level Bathrooms: 2
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First

Exterior Features

  • Lot Features: Hilly/Steep, Private, Rolling, Unrestricted, Wooded
  • View: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Other
  • Patio And Porch Features: Porch
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, None-Carport

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well, Private
  • Gas Company: Propane Tank: Owned

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 146797.2
  • Parcel #: 7662054324

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 486.45
  • Tax Book Number: 1144

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Feb 14, 2024
Sold by
Thomas Mary Elizabeth
Bought by
Monette Zachary William and Monette Miriam R
Seller's Agent
Helen Gentry
Mason Peak Mountain Properties, LLC
Buyer's Agent
Board Member Non
List Price
$307,000
Sold Price
$277,500
Premium/Discount to List
-$29,500
-9.61%
Views
199
Current Estimated Value
$317,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,430
Avg. Annual Appreciation
6.76%
Original Mortgage
$263,625
Outstanding Balance
$258,975
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$58,955
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

Date Buyer Sale Price Title Company
Monette Zachary William $277,500 None Listed On Document
Thomas Mary Elizabeth -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Mary Elizabeth $263,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2024 02/16/24 Sold $277,500 -5.0% --
08/16/2023 08/16/23 Pending -- -- --
07/27/2023 07/27/23 Price Changed $292,000 -4.9% --
07/21/2023 07/21/23 For Sale $307,000 -- --
Source: Carolina Smokies Association of REALTORS®

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 $1,049 $275,986 $49,100 $226,886
2024 $807 $212,280 $62,200 $150,080
2023 $486 $212,280 $62,200 $150,080
2022 $486 $212,280 $62,200 $150,080
2021 $807 $212,280 $62,200 $150,080
2020 $425 $186,940 $52,410 $134,530
2019 $425 $186,940 $52,410 $134,530
2018 $425 $186,940 $52,410 $134,530
2017 $414 $186,940 $52,410 $134,530
2015 $334 $186,940 $52,410 $134,530
2011 -- $201,760 $52,310 $149,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26031150

APN: 7662-05-4324

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