NOT LISTED FOR SALE

1762 Cabin Flats Rd Unit 60 Balsam, NC 28707

Estimated Value: $318,000 - $408,000

3 Beds
2.5 Baths
840 Sq Ft
$436/Sq Ft Est. Value

Last Sold July 19, 2017

Last sale price $130,000 $155 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $2,185/month

311 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Cabin
  • Wooded Lot
  • Skylights
  • Gas Log Fireplace

About This Home

As of July 2017

This charming cabin retreat has everything you're looking for: privacy with mountain view; bright, cozy living room with skylights and FP; large windows to enjoy the woodsy setting; spacious covered deck for lounging and de-stressing-- All for an affordable price! Location is convenient to so much: Waynesville, Sylva, Cherokee, Maggie Valley, Blue Ridge Parkway, Great Smoky National Park! Lower level has separate entrance with additional 498 sq'. Metal roof is 4 years old. Furnishings available.

Last Agent to Sell the Property

Tavia Thomas

RE/MAX Executive License #204927 Listed on: 08/04/2016

RE/MAX Executive

Last Buyer's Agent

Amber Ferguson

Allen Tate/Beverly-Hanks Waynesville License #278699

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • Wooded Lot
  • Many Trees

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Cabin

Interior Spaces

  • Open Floorplan
  • Skylights
  • Gas Log Fireplace
  • Window Treatments
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Utilities

  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 7683-41-7553

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Cabin
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.86667
  • Ratio Close Price By Original Li: 0.86667
  • Ratio Current Price By Acre: 541666.67
  • Ratio Current Price By Sq Ft: 154.76
  • Year Built: 1955
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Outside Entrance, Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Disposal, Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Exhaust Hood, Washer, Electric Oven
  • Fireplace Description: Gas Logs, Gas Unvented, Living Room
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet, Wood
  • Interior Amenities: Open Floorplan, Skylight(s), Vaulted Ceiling, Window Treatments
  • Laundry Location: Basement
  • Room Count: 2
  • Second Living Quarters: Exterior Not Connected, Room w/ Private Bath, Separate Entrance, Separate Living Quarters
  • Second Living Quarters Hla: 498
  • Sq Ft Additional: 498
  • Main Level Sq Ft: 840
  • Total Sq Ft: 840

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway

Utilities

  • Heating: Electric Baseboard Heat, No A/C, Propane, Wall Unit Heat
  • Sewer: Septic Tank
  • Water: Community Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 250.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Scotts Creek
  • Middle School: Unspecified
  • High School: Smokey Mountain

Lot Info

  • Lot Features: Long Range View, Mountain View, Trees, Views, Wooded, Year Round View
  • Lot Size Area: 0.240
  • Parcel Number: 7683-41-7553
  • Plat Reference Section Pages: 90-92
  • Zoning: Residential
  • Zoning Specification: R-1

Tax Info

  • Tax Value: 123970.00
  • Tax Amount Ncm: 431.00
  • Tax Location: Jackson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2021
Sold by
Paul Pellatiro Louis and Paul Ann Sheryl
Bought by
Collins Cecilia A
Current Estimated Value
$376,188

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
Outstanding Balance
$184,277
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$182,034

Purchase Details

Listed on
Aug 4, 2016
Closed on
Jul 17, 2017
Sold by
Cadogan Ronald L and Cadogan Janice M
Bought by
Pellatiro Louis Paul and Pellatiro Sheryl Ann
Seller's Agent
Tavia Thomas
RE/MAX Executive
Buyer's Agent
Amber Ferguson
Allen Tate/Beverly-Hanks Waynesville
List Price
$150,000
Sold Price
$130,000
Premium/Discount to List
-$20,000
-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
13.72%
Original Mortgage
$65,000
Interest Rate
3.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Collins Cecilia A $267,500 Davis Ann Hines
Pellatiro Louis Paul $130,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Cecilia A $200,000
Previous Owner Pellatiro Louis Paul $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2017 07/19/17 Sold $130,000 -13.3% $155 / Sq Ft
06/11/2017 06/11/17 Pending -- -- --
08/04/2016 08/04/16 For Sale $150,000 -- $179 / 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 $1,373 $361,293 $49,780 $311,513
2024 $827 $217,720 $36,560 $181,160
2023 $952 $217,720 $36,560 $181,160
2022 $926 $210,730 $31,420 $179,310
2021 $617 $144,440 $31,420 $113,020
2020 $451 $96,600 $20,160 $76,440
2019 $451 $96,600 $20,160 $76,440
2018 $451 $96,600 $20,160 $76,440
2017 $441 $96,600 $20,160 $76,440
2015 $431 $96,600 $20,160 $76,440
2011 -- $123,970 $20,400 $103,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3204282

Canopy MLS (Canopy Realtor® Association)

APN: 7683-41-7553