NOT LISTED FOR SALE

139 Boar Ridge Rd Sylva, NC 28779

Estimated Value: $2,098,000 - $3,765,000

1.92 Acres
$1,649,790 Price per Acre
83,635 Sq Ft Lot

Last Sold April 29, 2021

Last sale price $315,000

Est. 906% increase in value since last sale

Current estimated payment $17,527/month

213 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Clubhouse
  • Equestrian Center
  • Gated Community
  • Private Lot

About This Lot

As of April 2021

This private ridge-top homestead features a gentle build site with remarkable 270 degree long-range mountain views. It is also located close to the 42-mile community trail system, and is only 5 minutes to amenities and 10 minutes to the main gate. Balsam Mountain Preserve is a private 4,400 acre club community with 3,400 acres of conversation land with completed amenities featuring an Arnold Palmer Signature Golf Course, Palmer Practice Park, Equestrian Center, Ruby Valley Fitness & Wellness Pavilion, scenic trails, tennis and dining.

Last Agent to Sell the Property

Harry Redfearn

Balsam Mountain Real Estate License #86401 Listed on: 07/28/2020

Last Buyer's Agent

Harry Redfearn

Balsam Mountain Real Estate License #86401 Listed on: 07/28/2020

Property Details

Property Type

  • Land

Lot Details

  • Private Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $433 Monthly HOA Fees

Additional Features

  • Equestrian Center
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 7672-50-4970
  • Tax Block PH 2

Community Details

Overview

  • Tina Jones Association, Phone Number (828) 354-0265

Amenities

  • Picnic Area
  • Clubhouse

Recreation

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

Additional Features

  • Security
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$433 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.90000
  • Ratio Close Price By Original Li: 0.90000
  • Ratio Current Price By Acre: 164062.50
  • Restrictions: Manufactured Home Not Allowed, Modular Not Allowed
  • Special Features: None

Interior Features

  • H O A Management Phone: 828-354-0265

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Condo/Co-op/Association

  • Community Features: Club House, Equestrian Facilities, Equestrian Trails, Fitness Center, Gated Community, Golf Course, Outdoor Pool, Picnic Area, Putting Green, Recreation Area, Security, Tennis Court(s), Walking Trails
  • Association Fee: 5200.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Tina Jones
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Golf Course View, Long Range View, Mountain View, Private, Sloping, Trees, Winter View, Wooded, Year Round View
  • Parcel Number: 7672-50-4970
  • Zoning Specification: RES
  • Plat Book Slide: 11/932
  • Plat Reference Section Pages: 11/932

Tax Info

  • Tax Value: 400000.00
  • Tax Block: PH 2
  • Tax Location: Jackson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2020
Closed on
Apr 26, 2021
Sold by
Todd Jerry and Todd Leslie
Bought by
Hanson Dennis R and Hanson Cynthia L
Seller's Agent
Harry Redfearn
Balsam Mountain Real Estate
Buyer's Agent
Harry Redfearn
Balsam Mountain Real Estate
List Price
$350,000
Sold Price
$315,000
Premium/Discount to List
-$35,000
-10%
Current Estimated Value
$3,167,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,852,596
Avg. Annual Appreciation
63.07%

Purchase Details

Listed on
Jul 30, 2015
Closed on
Sep 11, 2015
Sold by
Eklund Michael J and Eklund Tracy
Bought by
Todd Jerry and Todd Leslie
Seller's Agent
Bruce Fine
Balsam Mountain Realty
Buyer's Agent
Bruce Fine
Balsam Mountain Realty
List Price
$450,000
Sold Price
$390,000
Premium/Discount to List
-$60,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.73%

Purchase Details

Closed on
Nov 1, 2006
Sold by
Park J Leonard and Park Lisa A
Bought by
Roberts Julene Reese and Julene Reese Roberts Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hanson Dennis R $315,000 None Available
Todd Jerry $390,000 None Available
Roberts Julene Reese $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roberts Julene Reese $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2021 04/29/21 Sold $315,000 -10.0% --
02/26/2021 02/26/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $350,000 0.0% --
11/05/2020 11/05/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $350,000 -10.3% --
09/15/2015 09/15/15 Sold $390,000 -13.3% -- View Prior Sale
09/08/2015 09/08/15 Pending -- -- --
07/30/2015 07/30/15 For Sale $450,000 -- --
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 $8,325 $2,190,744 $400,000 $1,790,744
2024 $1,140 $300,000 $300,000 $0
2023 $1,140 $300,000 $300,000 $0
2022 $1,140 $300,000 $300,000 $0
2021 $1,520 $400,000 $400,000 $0
2020 $1,520 $400,000 $400,000 $0
2019 $1,520 $400,000 $400,000 $0
2018 $1,520 $400,000 $400,000 $0
2017 $1,480 $400,000 $400,000 $0
2015 $1,910 $400,000 $400,000 $0
2011 -- $682,000 $682,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3643411

Canopy MLS (Canopy Realtor® Association)

APN: 7672-50-4970