NOT LISTED FOR SALE

1303 E Reach Rd Unit 180 Sylva, NC 28779

Estimated Value: $1,734,000 - $2,648,000

4 Beds
4.5 Baths
3,818 Sq Ft
$591/Sq Ft Est. Value

Last Sold March 28, 2019

Last sale price $1,050,000 $275 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $13,513/month

593 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Gated Community
  • Equestrian Center
  • Spa
  • Clubhouse

About This Home

As of March 2019

Designed by award winning local architect, Al Platt, this custom residence, constructed by local Cashiers, NC company, Sullbark Builders, Inc., features spacious living areas for you and your loved ones. Enjoy stunning, year round views to the north and northwest of the Plott Balsam Mountain Range. Balsam Mountain Preserve is a private 4,400 acre club community with 3,200 acres of conservation land and completed amenities featuring golf, equestrian, scenic trails, tennis and dining.

Last Listed By

Joseph Dellinger

Roots Property Advisors dba Redtree Property Advisors License #262097 Listed on: 06/28/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • Private Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $625 Monthly HOA Fees

Parking

  • Attached Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Arts and Crafts Architecture
  • Stone Siding

Interior Spaces

  • Wet Bar
  • Wood Burning Fireplace
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Spa
  • Outdoor Fireplace

Horse Facilities and Amenities

  • Equestrian Center

Utilities

  • Heating System Uses Propane
  • Well

Listing and Financial Details

  • Assessor Parcel Number 7672-72-1814

Community Details

Overview

  • Built by SullBark Builders, Inc

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

HOA Fees

$625 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Arts and Crafts, Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95541
  • Ratio Close Price By Original Li: 0.61801
  • Ratio Current Price By Acre: 512195.12
  • Ratio Current Price By Sq Ft: 275.01
  • Year Built: 2008
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cooktop Gas, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Ice Maker Connection, Microwave, Propane, Refrigerator, Washer
  • Fireplace Description: Great Room, Primary Bedroom, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Kitchen Island, Vaulted Ceiling, Walk-In Closet(s), Wet Bar
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Additional: 1631
  • Sq Ft Basement: 1625
  • Main Level Sq Ft: 2193
  • Total Sq Ft: 3818

Exterior Features

  • Construction: Cedar Shake, Stone, Wood
  • Construction Type: Site Built
  • Exterior Features: Hot Tub, Outdoor Fireplace

Garage/Parking

  • Driveway: Gravel
  • Parking: Attached Garage, Garage - 2 Car, Garage Door Opener

Utilities

  • Heating: Propane
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Propane

Condo/Co-op/Association

  • Community Features: Club House, Equestrian Facilities, Equestrian Trails, Fitness Center, Gated Community, Golf Course, Outdoor Pool, Recreation Area, Security, Tennis Court(s), Walking Trails
  • Association Fee: 7500.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Scotts Creek
  • Middle School: Unspecified
  • High School: Smokey Mountain

Lot Info

  • Lot Features: Mountain View, Long Range View, Private, Trees, Views, Winter View, Wooded, Year Round View
  • Lot Size Area: 2.050
  • Parcel Number: 7672-72-1814
  • Plat Book Slide: 16/454
  • Plat Reference Section Pages: 23
  • Zoning: Residential
  • Zoning Specification: Res

Building Info

  • Builder Name: SullBark Builders, Inc

Tax Info

  • Tax Value: 1275550.00
  • Tax Amount Ncm: 4824.54
  • Tax Location: Jackson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2024
Sold by
Hanson Dennis R and Hanson Cynthia L
Bought by
Svh Balsam Llc
Total Days on Market
593
Current Estimated Value
$2,257,923

Purchase Details

Closed on
Dec 29, 2023
Sold by
Hanson Dennis R and Hanson Cynthia L
Bought by
Nat'L Christian Foundation Rea

Purchase Details

Listed on
Jun 28, 2017
Closed on
Mar 27, 2019
Sold by
Carlile David and Carlile Susan
Bought by
Hanson Dennis R and Hanson Cynthia L
Seller's Agent
Joseph Dellinger
Roots Property Advisors dba Redtree Property Advisors
Buyer's Agent
Joseph Dellinger
Roots Property Advisors dba Redtree Property Advisors
List Price
$1,699,000
Sold Price
$1,050,000
Premium/Discount to List
-$649,000
-38.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.33%

Purchase Details

Closed on
Jul 25, 2008
Sold by
Platt Investment Group Inc
Bought by
Carlile David and Carlile Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Svh Balsam Llc $2,400,000 None Listed On Document
Nat'L Christian Foundation Rea -- None Listed On Document
Hanson Dennis R $1,050,000 --
Carlile David $1,950,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carlile David $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2019 03/28/19 Sold $1,050,000 -4.5% $275 / Sq Ft
02/11/2019 02/11/19 Pending -- -- --
01/11/2019 01/11/19 Price Changed $1,099,000 -8.3% $288 / Sq Ft
06/04/2018 06/04/18 Price Changed $1,199,000 -29.4% $314 / Sq Ft
06/28/2017 06/28/17 For Sale $1,699,000 -- $445 / Sq Ft
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
2024 $4,444 $1,169,570 $250,000 $919,570
2023 $4,584 $1,169,570 $250,000 $919,570
2022 $4,584 $1,169,570 $250,000 $919,570
2021 $4,444 $1,169,570 $250,000 $919,570
2020 $4,952 $1,275,550 $300,000 $975,550
2019 $4,952 $1,275,550 $300,000 $975,550
2018 $4,952 $1,275,550 $300,000 $975,550
2017 $4,825 $1,275,550 $300,000 $975,550
2015 $4,661 $1,375,550 $400,000 $975,550
2011 -- $1,627,010 $450,000 $1,177,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3296321

Canopy MLS (Canopy Realtor® Association)

APN: 7672-72-1814