NOT LISTED FOR SALE

1154 Old Tannassie Rd Unit 42,43 Sylva, NC 28779

Estimated Value: $29,000

4.65 Acres
$6,237 Price per Acre
202,554 Sq Ft Lot

Last Sold June 07, 2021

Last sale price $18,500

Est. 57% increase in value since last sale

Current estimated payment $184/month

11 Days on Market

Highlights

  • City View
  • Hilly Lot
  • Wooded Lot
  • 4.65 Acre Lot
  • Private Lot

About This Lot

As of June 2021

Looking for Privacy yet close to amenities? Located in desirable Mountain Forest Estates, this 4.65 acre parcel is only 4 miles to Western Carolina University. A beautifully treed lot offering long range mountain views. South facing plus it has a pushed out house pad on Lot 42 or build on the natural knoll on Lot 43 on the lower road. You can build at the top of this parcel since the property runs from Old Tannassie Road to Goldenleaf Trails. You can push out a pad at the top and with some clearing get a view similar to the one shown in the pictures. Keep both lots or sell one off. Build a family compound. The wide roads in the community make for easy year round access. *Deed Restrictions *Underground Electric *Seller has an expired 3 bdrm septic permit for Lot 42. Only 1 + hour to Asheville. Enjoy the nearby hiking, trout fishing, kayaking/tubing, snow skiing or catch a show at Harrahs Casino- Plus enjoy wonderful mountain festivals in Sylva and all the nearby mountain towns.

Last Agent to Sell the Property

Kenna Faber

Kenna Faber Real Estate Brokerage Email: kennasellswnc@gmail.com License #250396 Listed on: 05/04/2021

Last Buyer's Agent

Adam Ehlmann

Keller Williams Great Smokies License #310959

Keller Williams Great Smokies

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $89

Lot Details

  • 4.65 Acre Lot
  • Private Lot
  • Sloped Lot
  • Hilly Lot
  • Wooded Lot
  • Possible uses of the property include Recreational, Residential

HOA Fees

  • $23 Monthly HOA Fees

Property Views

  • City
  • Mountain

Schools

  • Cullowhee Valley Elementary School
  • Smoky Mountain High School

Utilities

  • Underground Utilities
  • Well Required
  • Septic Needed

Community Details

  • Mountain Forest Estates Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 7549-01-9255

Property Details

Property Type

Land

Est. Annual Taxes

$89

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Manufactured Home Not Allowed,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: Of Record
  • Road Surface Type: Gravel
  • ResoPropertyType: Land
  • Attribution Contact: kennasellswnc@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: None
  • Possible Use: Recreational, Residential
  • Room Count: 0

Exterior Features

  • View: City, Long Range, Mountain(s), Winter
  • Waterfront Features: None
  • Waterfront Elevation: 2500
  • Other Structures: None

Utilities

  • Sewer: Septic Needed, Other - See Remarks
  • Utilities: Electricity Connected, Underground Power Lines, Underground Utilities
  • Water Source: Well Needed

Condo/Co-op/Association

  • Association Fee: 275
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Hilly, Private, Sloped, Wooded
  • Lot Size Area: 4.65
  • Lot Size Units: Acres
  • Parcel Number: 7549-01-9255
  • Can Be Subdivided: 1
  • Lot Size Acres: 4.65
  • Lot Size: Per Plat
  • Lot Size Sq Ft: 202554
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-1

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Cullowhee Valley
  • High School: Smoky Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
Jun 3, 2021
Sold by
Giannini Patrick V and Giannini Holly
Bought by
Wallace Michael S and Wallace Michelle M
Seller's Agent
Kenna Faber
Kenna Faber Real Estate
Buyer's Agent
Adam Ehlmann
Keller Williams Great Smokies
List Price
$20,000
Sold Price
$18,500
Premium/Discount to List
-$1,500
-7.5%
Current Estimated Value
$29,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,500
Avg. Annual Appreciation
10.86%
Source: Public Records

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
Wallace Michael S $18,500 None Available
Wallace Michael S $18,500 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2021 06/07/21 Sold $18,500 -7.5% --
05/15/2021 05/15/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $20,000 -- --
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 $89 $23,480 $23,480 $0
2024 $117 $30,740 $30,740 $0
2023 $117 $30,740 $30,740 $0
2022 $117 $30,740 $30,740 $0
2021 $117 $30,740 $30,740 $0
2020 $183 $48,210 $48,210 $0
2019 $183 $48,210 $48,210 $0
2018 $183 $48,210 $48,210 $0
2017 $178 $48,210 $48,210 $0
2015 $341 $48,210 $48,210 $0
2011 -- $121,740 $121,740 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3736528

Canopy MLS (Canopy Realtor® Association)

APN: 7549-01-9255