NOT LISTED FOR SALE

159 Forest Trail Balsam Grove, NC 28708

Estimated Value: $70,156 - $84,000

0.9 Acre
$85,983 Price per Acre
39,204 Sq Ft Lot

Last Sold October 25, 2023

Last sale price $54,050

Est. 33% increase in value since last sale

Current estimated payment $412/month

34 Days on Market

Highlights

  • Private Lot
  • Fenced
  • Lot Has A Rolling Slope
  • Wooded Lot

About This Lot

As of October 2023

Great opportunity to have a little mountain cabin just minutes below the Blue Ridge Parkway. Close to the Pisgah National Forest and the North Fork of the French Broad River with some of the best fishing in the area. Excellent location for fishing, hiking, mountain biking and all the many outdoor activities this area has to offer.
There is temporary power and well rights to the property. The cabin is partially finished with many materials left by the owner to help with finishing it out. In order for the cabin to be used as living space, buyer will need to obtain proper permitting from the county. The cabin is approximately 20' x 14. Would also make a nice rental property with it's location. Additional 5.96 unrestricted acreage for sale just across the road.

Last Agent to Sell the Property

Barbara Fisher

Allen Tate/Beverly-Hanks Brevard-Downtown License #220965 Listed on: 08/18/2023

Allen Tate/Beverly-Hanks Brevard-Downtown

Last Buyer's Agent

Barbara Fisher

Allen Tate/Beverly-Hanks Brevard-Downtown License #220965 Listed on: 08/18/2023

Allen Tate/Beverly-Hanks Brevard-Downtown

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $186

Lot Details

  • Fenced
  • Private Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Possible uses of the property include Recreational, Residential

Schools

  • T.C. Henderson Elementary School
  • Rosman Middle School
  • Rosman High School

Utilities

  • Shared Well

Listing and Financial Details

  • Assessor Parcel Number 8546-11-3296-000

Property Details

Property Type

Land

Est. Annual Taxes

$186

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: No Restrictions
  • Road Surface Type: Gravel
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Possible Use: Recreational, Residential

Exterior Features

  • Fencing: Fenced
  • Waterfront Elevation: 3000
  • Other Structures: Other - See Remarks

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: None
  • Water Source: Shared Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Rosman
  • HOA Subject To: None

Lot Info

  • Lot Features: Private, Rolling Slope, Sloped, Wooded
  • Lot Size Area: 0.9
  • Lot Size Units: Acres
  • Parcel Number: 8546-11-3296-000
  • Plat Book Slide: 320
  • Can Be Subdivided: 1
  • Cleared Acres: 0.50
  • Wooded Area: 0.4
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

MLS Schools

  • Elementary School: T.C. Henderson
  • High School: Rosman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Oct 25, 2023
Sold by
Wood Fonda S
Bought by
Mayer Madison
Seller's Agent
Barbara Fisher
Allen Tate/Beverly-Hanks Brevard-Downtown
Buyer's Agent
Barbara Fisher
Allen Tate/Beverly-Hanks Brevard-Downtown
List Price
$47,000
Sold Price
$54,050
Premium/Discount to List
$7,050
15%
Views
72
Current Estimated Value
$71,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,732
Avg. Annual Appreciation
84.18%

Purchase Details

Closed on
May 20, 2014
Sold by
Wood John D and Wood Fonda S
Bought by
Regions Bank and Regions Mortgage

Purchase Details

Closed on
May 11, 2011
Sold by
Wood John D and Wood Fonda S
Bought by
Wood Fonda S
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
Mayer Madison $54,500 None Listed On Document
Regions Bank $64,856 None Available
Wood Fonda S -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2023 10/25/23 Sold $54,050 +15.0% --
09/21/2023 09/21/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $47,000 -- --
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
2024 $186 $28,310 $20,000 $8,310
2023 $186 $28,310 $20,000 $8,310
2022 $186 $28,310 $20,000 $8,310
2021 $185 $28,310 $20,000 $8,310
2020 $198 $28,430 $0 $0
2019 $196 $28,430 $0 $0
2018 $177 $28,430 $0 $0
2017 $177 $28,430 $0 $0
2016 $176 $28,430 $0 $0
2015 -- $30,460 $20,000 $10,460
2014 -- $30,460 $20,000 $10,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4061389

Canopy MLS (Canopy Realtor® Association)

APN: 8546-11-3296-000