NOT LISTED FOR SALE

1455 Cabin Flats Rd Unit 1 Balsam, NC 28707

Estimated Value: $314,000 - $349,000

2 Beds
2 Baths
1,332 Sq Ft
$248/Sq Ft Est. Value

Last Sold October 13, 2016

Last sale price $135,000 $101 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $1,833/month

7 Days on Market

Highlights

  • Barn
  • Recreation Facilities
  • Breakfast Bar
  • Wood Flooring
  • Fireplace
  • Pasture

About This Home

As of October 2016

Charming cabin set above Cabin Flats Road has mountain views with stone fireplace and tongue & groove vaulted ceiling in living room which offer character and charm. Nice level property with fenced yard and outbuilding/barn with plenty of storage. Balsam is a charming town with a community center, its own post office and charming folks. Cool air to beat the heat and if you wish to have more land, the lot above can be purchased, MLS #3208967.

Last Agent to Sell the Property

Barbara Huse

Balsam Team License #233443 Listed on: 08/22/2016

Last Buyer's Agent

Terry White

WNC Real Estate Store Inc License #288116

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Cabin

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Wood Flooring
  • Breakfast Bar

Farming

  • Barn
  • Pasture
  • Fenced For Cattle

Utilities

  • Heating System Uses Propane
  • Well

Community Details

  • Recreation Facilities
  • Community Playground

Listing and Financial Details

  • Assessor Parcel Number 7683-62-0463

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cabin
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 112500.00
  • Ratio Current Price By Sq Ft: 101.35
  • Year Built: 1964
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Block
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Electric Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Breakfast Bar, Built-Ins
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1332
  • Total Sq Ft: 1332

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Barn(s), Fenced Pasture
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Earth, Gravel
  • Parking: Driveway

Utilities

  • Heating: Electric Baseboard Heat, Propane
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Playground, Recreation Area

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Level, Mountain View, Pasture
  • Lot Size Area: 1.200
  • Parcel Number: 7683-62-0463
  • Plat Book Slide: 11/95
  • Plat Reference Section Pages: 3
  • Zoning: Residential
  • Zoning Specification: R-1

Tax Info

  • Tax Value: 154770.00
  • Tax Amount Ncm: 517.36
  • Tax Location: Jackson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2016
Closed on
Oct 13, 2016
Sold by
Johnson Shirley and Johnson Howard
Bought by
Velez Wendy Wiles
Seller's Agent
Barbara Huse
Balsam Team
Buyer's Agent
Terry White
WNC Real Estate Store Inc
List Price
$135,000
Sold Price
$135,000
Current Estimated Value
$330,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,030
Avg. Annual Appreciation
10.47%
Original Mortgage
$108,000
Outstanding Balance
$88,007
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$242,023
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
Velez Wendy Wiles $135,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velez Wendy Wiles $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2016 10/13/16 Sold $135,000 0.0% $101 / Sq Ft
08/29/2016 08/29/16 Pending -- -- --
08/22/2016 08/22/16 For Sale $135,000 -- $101 / 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
2025 $917 $241,371 $65,130 $176,241
2024 $659 $173,540 $62,480 $111,060
2023 $784 $173,540 $62,480 $111,060
2022 $784 $173,540 $62,480 $111,060
2021 $659 $173,540 $62,480 $111,060
2020 $475 $102,820 $49,390 $53,430
2019 $475 $102,820 $49,390 $53,430
2018 $475 $102,820 $49,390 $53,430
2017 $464 $102,820 $49,390 $53,430
2015 $517 $102,820 $49,390 $53,430
2011 -- $154,770 $49,980 $104,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3201121

Canopy MLS (Canopy Realtor® Association)

APN: 7683-62-0463