Seller's Agent in 2025
Jim Fitzpatrick
Peak Real Estate Llc
(828) 898-3257
4 in this area
99 Total Sales
138 Balsam Ln Newland, NC 28657
3
Beds
3.5
Baths
3,186
Sq Ft
0.44
Acres
Highlights
- Vaulted Ceiling
- Mountain Architecture
- Furnished
- Crossnore Elementary School Rated 9+
- 2 Fireplaces
- Forced Air Heating System
About This Home
As of June 2025If you have been searching for the perfect Land Harbor home, this one is for you. Located at the top of Balsam on a private end of road , this 4-bedroom, 3 and a half bath home will make the perfect family retreat in the high country. With its beautiful great room, adjacent family and dining room along with the beautifully renovated kitchen this home has it all. Not to mention a fireplace in both the great room and the family room. The primary bedroom is located on the main floor with a large master bath and enormous walk thru closet. The two large upstairs bedrooms share a large bath and offer more than enough space to house either two beds or multiple bunk beds. The lower level has an additional sleeping alcove and a separate room where the kids can have their own space. This home was built for large family gatherings, cool summer evenings and warm winters by the fire. Throw in the multitude of family activities, the lake, the fishing, the hiking and you have the perfect second home to enjoy the best that this beautiful area has to offer. and one of the best feature is the proximity to shopping, dining, skiing and all the rest.
Take the 3D tour and see everything this home has to offer.
Last Agent to Sell the Property
Peak Real Estate Llc Brokerage Phone: 828-898-1880 Listed on: 01/16/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,295
Year Built
- Built in 1985
Lot Details
- 0.44 Acre Lot
- Property fronts a private road
HOA Fees
- $267 Monthly HOA Fees
Parking
- 2 Car Garage
Home Design
- Mountain Architecture
- Wood Frame Construction
- Shingle Roof
- Architectural Shingle Roof
- Wood Siding
Interior Spaces
- 2-Story Property
- Furnished
- Vaulted Ceiling
- 2 Fireplaces
- Wood Burning Fireplace
- Stone Fireplace
- Gas Fireplace
- Propane Fireplace
- Basement Fills Entire Space Under The House
Kitchen
- Electric Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Schools
- Newland Elementary School
- Avery County High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Propane
- Electric Water Heater
- High Speed Internet
Community Details
- Linville Land Harbor Subdivision
Listing and Financial Details
- Short Term Rentals Allowed
- Long Term Rental Allowed
- Assessor Parcel Number 1844-11-56-8900-00000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 16, 2025
Closed on
Jun 26, 2025
Sold by
Stanton James W and Livin Joan
Bought by
Ackerman Russell Ian and Ackerman Desiree L
Seller's Agent
Jim Fitzpatrick
Peak Real Estate Llc
Buyer's Agent
Evelyn Cummings
Heavenly Mountain Properties, LLC
List Price
$725,000
Sold Price
$675,000
Premium/Discount to List
-$50,000
-6.9%
Views
45
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-25.46%
Original Mortgage
$350,000
Outstanding Balance
$349,702
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$294,298
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $675,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $350,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2025 06/27/25 | Sold | $675,000 | -6.9% | $212 / Sq Ft |
| 01/16/2025 01/16/25 | For Sale | $725,000 | -- | $228 / Sq Ft |
Source: High Country Association of REALTORS®
Tax History Compared to Growth
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 | $1,295 | $323,700 | $43,800 | $279,900 |
| 2023 | $1,295 | $323,700 | $43,800 | $279,900 |
| 2022 | $1,295 | $323,700 | $43,800 | $279,900 |
| 2021 | $1,296 | $235,600 | $31,300 | $204,300 |
| 2020 | $1,296 | $235,600 | $31,300 | $204,300 |
| 2019 | $1,296 | $235,600 | $31,300 | $204,300 |
| 2018 | $1,296 | $235,600 | $31,300 | $204,300 |
| 2017 | $1,390 | $252,700 | $0 | $0 |
| 2016 | $1,130 | $252,700 | $0 | $0 |
| 2015 | $1,130 | $252,700 | $31,300 | $221,400 |
| 2012 | -- | $298,700 | $43,800 | $254,900 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Fitzpatrick
-
Chris Wotell
Seller Co-Listing Agent in 2025
Chris Wotell
Peak Real Estate Llc
(828) 260-1366
4 in this area
97 Total Sales
-
Evelyn Cummings
E
Buyer's Agent in 2025
Evelyn Cummings
Heavenly Mountain Properties, LLC
(828) 742-6464
68 in this area
74 Total Sales
Map
Source: High Country Association of REALTORS®
MLS Number: 253362
APN: 1844-11-56-8900-00000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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