NOT LISTED FOR SALE

112 Broomtail Way Unit 13 Sylva, NC 28779

Estimated Value: $198,000 - $438,000

2.43 Acres
$135,349 Price per Acre
105,851 Sq Ft Lot

Last Sold September 09, 2022

Last sale price $310,000

Est. 6% increase in value since last sale

Current estimated payment $2,298/month

189 Days on Market

Highlights

  • Building Helipad
  • Equestrian Center
  • Clubhouse
  • Golf Course Community
  • Fitness Center
  • Private Lot

About This Lot

As of September 2022

This homesite has one of the best views in the community without having to climb the whole mountain. Sitting at 3,100 feet of elevation, the summers will be cool while you take in the incredible views from all directions. The site has a level driveway and perfect slope for a walkout lower level design. One of the best benefits is the proximity to all of the amenities and to the auxiliary gate. Come build your dream home at Balsam where you have access to a world class golf course, new clubhouse, wellness center with heated pool and har-tru tennis courts, an equestrian center, nature center, miles and miles of private hiking trails and 3,200 acres of preserved land that is protected forever. Access to the amenities is based on joining the club but is not a requirement for purchase.

Last Agent to Sell the Property

Harry Redfearn

Balsam Mountain Real Estate License #86401 Listed on: 03/04/2022

Last Buyer's Agent

Harry Redfearn

Balsam Mountain Real Estate License #86401 Listed on: 03/04/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,235

Lot Details

  • Private Lot
  • Wooded Lot
  • Possible uses of the property include Private Estate, Recreational/2nd House, Residential

HOA Fees

  • $458 Monthly HOA Fees

Schools

  • Scotts Creek Elementary And Middle School
  • Smoky Mountain High School

Horse Facilities and Amenities

  • Equestrian Center

Utilities

  • Well Required
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 7672-02-7613

Community Details

Overview

  • Balsam Mountain Community Association, Phone Number (828) 354-0265
  • Balsam Mountain Preserve Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area
  • Building Helipad
  • Clubhouse

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool
  • Putting Green
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$1,235

Lot Details

0

HOA Fees

$458 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 127572.02
  • Restrictions: Manufactured Home Not Allowed,Modular Not Allowed
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Special Assessment Description: NA
  • Proposed Special Assessment Desc: NA
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Private Estate, Recreational/2nd House, Residential

Exterior Features

  • Tax Location: Jackson
  • Waterfront Elevation: 3000

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed

Condo/Co-op/Association

  • Community Features: Clubhouse, Equestrian Facilities, Equestrian Trails, Fitness Center, Gated, Golf, Helipad, Outdoor Pool, Picnic Area, Putting Green, Security, Walking Trails
  • Association Fee: 5500
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Balsam Mountain Community Association
  • Phone: 828-354-0265
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Scotts Creek
  • HOA Subject To: Required
  • HOA Email: tjones@balsammountainca.org
  • CAR_YearlyHOAExpense: 5500.00

Lot Info

  • Lot Features: Long Range View, Mountain View, Private, Wooded, Views, Wooded, Year Round View
  • Lot Size Area: 2.43
  • Lot Size Units: Acres
  • Parcel Number: 7672-02-7613
  • Out Buildings Yn: 0
  • Plat Book Slide: 13/822
  • Can Be Subdivided: 0
  • Plat Reference Section Pages: 13/822
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 2.33333

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
Sep 7, 2022
Sold by
Arbaugh Lawrence G and Arbaugh Mary
Bought by
Schultz Reiter 2009 Revocable Living Trust
Seller's Agent
Harry Redfearn
Balsam Mountain Real Estate
Buyer's Agent
Harry Redfearn
Balsam Mountain Real Estate
List Price
$350,000
Sold Price
$310,000
Premium/Discount to List
-$40,000
-11.43%
Views
24
Current Estimated Value
$328,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,897
Avg. Annual Appreciation
1.97%

Purchase Details

Closed on
Aug 12, 2014
Sold by
Light James W and Light Dianne G
Bought by
Lawrence G Arbaugh and Lawrence Mary B Arbaugh

Purchase Details

Closed on
Apr 11, 2005
Sold by
Balsam Mountain Preserve Lp
Bought by
Light James W
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
Schultz Reiter 2009 Revocable Living Trust $310,000 --
Lawrence G Arbaugh $150,000 None Available
Light James W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz Reiter 2009 Revocable $2,222,500
Previous Owner Light James $495,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Sold $310,000 -11.4% --
03/04/2022 03/04/22 For Sale $350,000 -- --
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
2025 $1,235 $325,000 $325,000 $0
2024 $570 $150,000 $150,000 $0
2023 $570 $150,000 $150,000 $0
2022 $570 $150,000 $150,000 $0
2021 $540 $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 $1,512 $250,000 $250,000 $0
2011 -- $540,000 $540,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3833277

Canopy MLS (Canopy Realtor® Association)

APN: 7672-02-7613