NOT LISTED FOR SALE

2 Bonner Rd Balsam, NC 28707

Estimated Value: $415,000 - $437,000

3 Beds
2 Baths
902 Sq Ft
$473/Sq Ft Est. Value

Last Sold September 09, 2024

Last sale price $425,000 $471 Per Sq Ft

Current estimated payment $2,358/month

29 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Laundry Room
  • Private Lot
  • Gazebo
  • Separate Entry Quarters

About This Home

As of September 2024

Discover your perfect retreat in the mountains of Western North Carolina!

This mountain cabin offers a tasteful blend of rustic charm, modern finishes, and versatile living spaces. The main level is cozy and inviting featuring classic wood paneling, a gas log fireplace, and a picturesque dining room. Enjoy cool summer mornings and afternoon rain showers from the attached gazebo. The lower level features a spacious covered deck and light-filled second living quarters for friends, family, or STR income. This property has a strong rental history with excellent reviews!

Located between Waynesville and Sylva, under 45 minutes the AVL Airport, and just minutes from the Blue Ridge Parkway and Mountains-to-Sea Trail, this is the ideal basecamp for all of your WNC adventures.

Don’t miss your chance to own this idyllic retreat in the heart of the mountains!

Last Agent to Sell the Property

Christian Longacre

Lusso Realty Brokerage Email: christianlongacre@lussorealty.com License #311636 Listed on: 07/08/2024

Last Buyer's Agent

Patrick O'Cain

Mosaic Community Lifestyle Realty License #322424

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • Private Lot
  • Lot Has A Rolling Slope

Home Design

  • Cabin
  • Metal Roof
  • Wood Siding
  • Asbestos

Interior Spaces

  • 1-Story Property
  • Wired For Data
  • Wood Burning Fireplace
  • Gas Fireplace
  • Gas Cooktop
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Apartment Living Space in Basement
  • Basement Storage

Parking

  • Driveway
  • 2 Open Parking Spaces

Outdoor Features

  • Access to stream, creek or river
  • Deck
  • Covered Patio or Porch
  • Gazebo

Additional Homes

  • Separate Entry Quarters

Utilities

  • Window Unit Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Community Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 7683-42-2692

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 1955
  • Restrictions: Short Term Rental Allowed
  • Second Living Quarters: Exterior Not Connected,Room w/ Private Bath,Separate Entrance,Separate Kitchen Facilities,Separate Living Quarters
  • Road Surface Type: Gravel, Dirt
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 264.14
  • Property Sub Type Additional: None
  • Geocode Confidence: High
  • Attribution Contact: christianlongacre@lussorealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 902
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 95
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 95
  • Sq Ft Upper: 0
  • Appliances: Electric Cooktop, Gas Cooktop, Refrigerator
  • Above Grade Finished Sq Ft: 902
  • Has Basement: Apartment, Partially Finished, Storage Space, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Wood Burning
  • Living Area: 902
  • Bedroom Main: 2

Exterior Features

  • New Construction: No
  • Roof: Shingle, Metal
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Asbestos, Wood
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered, Deck, Side Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Baseboard, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: In Basement, Utility Room
  • Cooling: Window Unit(s)
  • Utilities: Wired Internet Available
  • Water Source: Community Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Creek Front, Private, Rolling Slope, Creek/Stream, Views
  • Lot Size Units: Acres
  • Parcel Number: 7683-42-2692
  • Zoning: None
  • Plat Book Slide: 2/107
  • Horse Amenities: None
  • ResoLotSizeUnits: Acres
  • Zoning Specification: None

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2024
Closed on
Aug 22, 2024
Sold by
Heavener Trace E and Heavener Hannah R
Bought by
Altick John Robert and Peterson John Douglas
Seller's Agent
Christian Longacre
Lusso Realty
Buyer's Agent
Patrick O'Cain
Mosaic Community Lifestyle Realty
List Price
$460,000
Sold Price
$425,000
Premium/Discount to List
-$35,000
-7.61%
Views
27
Current Estimated Value
$427,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,093
Avg. Annual Appreciation
0.38%
Original Mortgage
$297,500
Outstanding Balance
$294,075
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$133,018

Purchase Details

Listed on
Jun 4, 2021
Closed on
Sep 1, 2021
Sold by
Allen Barbara Jane
Bought by
Heavener Trace E and Heavener Hannah R
Seller's Agent
Jon Tharp
Keller Williams Realty Of Franklin
Buyer's Agent
Jon Tharp
Keller Williams Realty Of Franklin
List Price
$282,000
Sold Price
$282,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.55%
Original Mortgage
$253,350
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 2, 2013
Closed on
Jun 23, 2014
Sold by
Us Bank Na
Bought by
Allen Barbara Jane
Seller's Agent
Team Breese- Ron & Landen
Buyer's Agent
Lisa Cogdill
Lisa Cogdill Realty
List Price
$174,900
Sold Price
$131,000
Premium/Discount to List
-$43,900
-25.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.24%

Purchase Details

Closed on
May 25, 2006
Sold by
Miller Lynn R and Miller Carolyn L
Bought by
Us Bank Na and Walsh Irrevocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Altick John Robert $425,000 None Listed On Document
Heavener Trace E $282,000 None Available
Allen Barbara Jane $131,000 None Available
Us Bank Na $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Altick John Robert $297,500
Previous Owner Heavener Trace E $253,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2024 09/09/24 Sold $425,000 -2.7% $471 / Sq Ft
07/24/2024 07/24/24 Price Changed $437,000 -5.0% $484 / Sq Ft
07/08/2024 07/08/24 For Sale $460,000 +63.1% $510 / Sq Ft
09/03/2021 09/03/21 Sold $282,000 0.0% $312 / Sq Ft View Prior Sale
08/04/2021 08/04/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $282,000 +115.3% $312 / Sq Ft
06/25/2014 06/25/14 Sold $131,000 -25.1% $145 / Sq Ft View Prior Sale
05/26/2014 05/26/14 Pending -- -- --
06/02/2013 06/02/13 For Sale $174,900 -- $193 / 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 $1,518 $399,539 $52,940 $346,599
2024 $635 $167,130 $50,870 $116,260
2023 $635 $167,130 $50,870 $116,260
2022 $760 $167,130 $50,870 $116,260
2021 $635 $167,130 $50,870 $116,260
2020 $630 $143,650 $38,470 $105,180
2019 $630 $143,650 $38,470 $105,180
2018 $630 $143,650 $38,470 $105,180
2017 $616 $143,650 $38,470 $105,180
2015 $570 $140,250 $38,470 $101,780
2011 -- $173,460 $38,930 $134,530
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4158394

Canopy MLS (Canopy Realtor® Association)

APN: 7683-42-2692