NOT LISTED FOR SALE

Estimated Value: $574,286 - $660,000

4 Beds
3.5 Baths
2,110 Sq Ft
$292/Sq Ft Est. Value

Last Sold February 03, 2021

Last sale price $399,000 $189 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,076/month

69 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Living Area on First Floor
  • Cathedral Ceiling
  • Great Room
  • Porch

About This Home

As of February 2021

If you are looking for a maintenance-free option that looks and lives like a home, the Saddle Notch Villas offer the perfect solution. This four bedroom, three and a half bath home features an open floor plan main level living space with vaulted ceilings and wood burning fireplace. The lower level makes full use of the additional space and offers three more bedrooms. The upper level covered deck and terrace level patio make this Villa a remarkable value. The new owner will enjoy the close proximity to the Lake Club and amenitites. Schedule your showing today.

Last Agent to Sell the Property

Board Member Non

Listed on: 10/27/2020

Last Buyer's Agent

Dani Miner

Berkshire Hathaway Homeservices-Great Smokys License #312109

Berkshire Hathaway Homeservices-Great Smokys

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,050

Year Built

  • Built in 2015

Lot Details

  • 2,614 Sq Ft Lot

HOA Fees

  • $708 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Wood Siding
  • Stone

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Flue
  • Window Screens
  • Great Room
  • Living Area on First Floor
  • Combination Kitchen and Dining Room
  • Property Views

Kitchen

  • Gas Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Basement

  • Heated Basement
  • Interior and Exterior Basement Entry
  • Bedroom in Basement
  • Finished Basement Bathroom
  • Basement with some natural light

Parking

  • No Garage
  • Paved Parking
  • Open Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Community Sewer or Septic

Community Details

  • Bear Lake Reserve Subdivision
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 7586928799

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,050

Year Built

Built in 2015

Lot Details

0

HOA Fees

$708 per month

Listing Details

  • Property Sub Type: Townhouse,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Road Frontage Type: Property Owners' Assoc, Community
  • Road Surface Type: Paved
  • Ownership: Less than One Year
  • Subdivision Name: Bear Lake Reserve
  • Directions: From Cashiers take 107N 9 miles. Turn right onto Shook Cove Rd. Entrance to Bear Lake Reserve is 3.2 miles on right. Stop at Greeter's Cottage, gate house, for community map and further directions.
  • Carport Y N: No
  • Garage Yn: No
  • Structure Type: Townhouse
  • Year Built: 2015
  • NAV27_rets_property_type: Residential
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Gas Oven/Range, Dishwasher, Refrigerator, Dryer, Washer
  • Has Basement: Daylight, Exterior Entry, Finished Bath, Heated, Interior Entry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Flue
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Interior Amenities: Ceiling Fan(s), Primary on Main Level, Great Room, Main Level Living, Cathedral/Vaulted Ceiling, Kitchen/Dining Room, Primary w/Ensuite, Walk-In Closet(s)
  • Window Features: Screens
  • Room Bedroom2 Level: Basement
  • Room Bedroom4 Level: Basement
  • Master Bedroom Master Bedroom Level: First
  • Room Living Room Area: 255
  • Room Bedroom3 Level: Basement
  • Room Kitchen Area: 289
  • Master Bedroom Master Bedroom Width: 16.2
  • Room Master Bedroom Area: 226.8

Exterior Features

  • View: View Year Round
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding, Stone
  • Patio And Porch Features: Porch, Deck
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: No Garage, Paved Driveway

Utilities

  • Cooling: Central Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump, Electric
  • Heating Yn: Yes
  • Sewer: Community
  • Water Source: Community

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 708
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 2613.6
  • Parcel #: 7586928799
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2050.31
  • Tax Book Number: 2240

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2020
Closed on
Jan 28, 2021
Sold by
Boto Properties Llc
Bought by
Sylvester John E and Sylvester Barbara
Seller's Agent
Board Member Non
Buyer's Agent
Dani Miner
Berkshire Hathaway Homeservices-Great Smokys
List Price
$399,000
Sold Price
$399,000
Current Estimated Value
$617,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,143
Avg. Annual Appreciation
9.17%
Original Mortgage
$300,000
Outstanding Balance
$220,388
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$396,755

Purchase Details

Closed on
Apr 9, 2020
Sold by
Boto Nc Properties Llc
Bought by
Luff Gerald F and Luff Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2018
Sold by
Mag Bear Lake Llc
Bought by
Bear Lake Builders Llc

Purchase Details

Closed on
Oct 16, 2015
Sold by
Mag Bear Lake Llc
Bought by
Bear Lake Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000,000
Interest Rate
3.93%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records
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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
Sylvester John E $399,000 None Available
Sylvester John E $399,000 None Listed On Document
Luff Gerald F $760,000 None Available
Bear Lake Builders Llc $79,500 --
Bear Lake Builders Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sylvester John E $300,000
Closed Sylvester John E $300,000
Previous Owner Luff Gerald F $608,000
Previous Owner Bear Lake Builders Llc $200,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/03/2021 02/03/21 Sold $399,000 +1.0% $189 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
10/29/2020 10/29/20 Sold $395,000 -1.0% $187 / Sq Ft View Prior Sale
10/27/2020 10/27/20 For Sale $399,000 0.0% $189 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
09/26/2019 09/26/19 For Sale $399,000 -- $189 / Sq Ft
Source: Carolina Smokies Association of REALTORS®

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 $2,076 $546,229 $50,000 $496,229
2024 $1,515 $398,700 $50,000 $348,700
2021 $1,532 $398,700 $50,000 $348,700
2018 $2,050 $517,450 $100,000 $417,450
2017 $2,120 $550,240 $100,000 $450,240
2015 -- $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26018477

APN: 7586-92-8799