NOT LISTED FOR SALE

1950 Indian Creek Rd Balsam Grove, NC 28708

Estimated Value: $403,000 - $570,000

2 Beds
1 Bath
936 Sq Ft
$516/Sq Ft Est. Value

Last Sold January 04, 2023

Last sale price $419,000 $448 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,780/month

2 Days on Market

Highlights

  • Home fronts a pond
  • Deck
  • Wooded Lot
  • View of Trees or Woods
  • Spring on Lot
  • Wood Flooring

About This Home

As of January 2023

Experience the peace and tranquility of owning your own 15.5 acre property that adjoins Pisgah National Forest. Complete with a detached 1-car garage and workshop. Surround yourself with rolling hills covered in rhododendron, maples, hemlocks, and the sounds of the rushing creek. Enjoy the back deck on summer evenings as you watch fireflies in the wide-open, fenced-in meadow. Oak ceilings and a stone fireplace bring a rich sense of nature into the home. Bask in the sunshine on a winter's day from the sunroom overlooking your garden. Step away from the chaos of suburbia and enjoy the true WNC life! Your mountain get-a-way is calling!

Last Agent to Sell the Property

Susan Campbell

Petit Properties Brokerage Phone: 8282586373 License #299148 Listed on: 10/20/2022

Last Buyer's Agent

Lizzie McGann

Beverly-Hanks And Associates

Beverly-Hanks And Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,463

Year Built

  • Built in 1950

Lot Details

  • 675 Sq Ft Lot
  • Home fronts a pond
  • Home fronts a stream
  • Fenced
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Garden

Parking

  • 1 Car Detached Garage

Property Views

  • Pond
  • Woods
  • Mountain

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Crawl Space
  • Dryer

Kitchen

  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Spring on Lot
  • Deck
  • Covered Patio or Porch

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 8546-99-1633-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,463

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Subdivision Name: None
  • Directions: 64W to Hwy 215N to left onto Clinic Rd. Turn left onto Shoals Creek Rd for 2 miles. Turn left onto Indian Creek. 2nd drive on the left.
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1950
  • Attribution Contact: 8282586373
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Freezer, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space, Encapsulated
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Free Standing, Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood

Exterior Features

  • Fencing: Fenced
  • Lot Features: Borders National Forest, Partially Cleared, Pond on Lot, Rolling Slope, Subdivided, Spring, Wooded
  • View: Mountain(s), Pond, Creek/Stream, Trees/Woods
  • View: Yes
  • Waterfront Features: Pond, Stream
  • Construction Type: Wood Siding
  • Exterior Features: Garden
  • Other Structures: Shed(s), Workshop
  • Patio And Porch Features: Covered, Deck, Front Porch, Patio, Porch
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, One Car Garage, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Multi-Fuel, Other, Solar, See Remarks, Wood
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Satellite Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Lot Info

  • Lot Size Sq Ft: 675.18
  • Parcel #: 8546-99-1633-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 1463.47
  • Tax Lot: NA
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Dec 16, 2022
Sold by
Nicholson Mildred M
Bought by
Gilliam Thaddeus Josiah and Gilliam Krista
Seller's Agent
Susan Campbell
Petit Properties
Buyer's Agent
Lizzie McGann
Beverly-Hanks And Associates
List Price
$425,000
Sold Price
$419,000
Premium/Discount to List
-$6,000
-1.41%
Views
41
Current Estimated Value
$482,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,539
Avg. Annual Appreciation
5.54%
Original Mortgage
$314,250
Outstanding Balance
$305,133
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$177,406

Purchase Details

Closed on
Oct 1, 1986
Bought by
Bullock Gary A and Bullock Mildred
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
Gilliam Thaddeus Josiah $419,000 --
Bullock Gary A $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilliam Thaddeus Josiah $314,250
Previous Owner Bullock Gary A $200,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2023 01/04/23 Sold $419,000 -1.4% $448 / Sq Ft
10/22/2022 10/22/22 For Sale $425,000 -- $454 / Sq Ft
Source: Highlands-Cashiers Board 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 $1,812 $377,020 $145,700 $231,320
2024 $1,463 $222,310 $145,700 $76,610
2023 $1,463 $222,310 $145,700 $76,610
2022 $1,463 $222,310 $145,700 $76,610
2021 $1,452 $222,310 $145,700 $76,610
2020 $1,317 $189,180 $0 $0
2019 $1,307 $189,180 $0 $0
2018 $1,178 $189,180 $0 $0
2017 $1,174 $189,180 $0 $0
2016 $1,173 $189,180 $0 $0
2015 $862 $175,230 $117,800 $57,430
2014 $862 $175,230 $117,800 $57,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 101051

APN: 8546-99-1633-000