NOT LISTED FOR SALE

206 Cavern Ridge Rd Sylva, NC 28779

Estimated Value: $501,000 - $782,000

3 Beds
5 Baths
2,984 Sq Ft
$210/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $310,000 $104 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,452/month

400 Days on Market

Highlights

  • 10.41 Acre Lot
  • Recreation Room
  • Great Room
  • Private Lot
  • Main Floor Primary Bedroom
  • Living Area on First Floor

About This Home

As of September 2019

Looking for that Million dollar view, this is it! Long range mountain view, paved driveway, garage with bonus room and sun room, 2 master suites, marble bathroom,covered front porch, family room, large office/den, 2 fireplaces, 1 with wood insert, patio, great landscaping, central vacuum, and much more. Also includes PIN#7642-49-7980

Last Agent to Sell the Property

Wanda Jones

Western Carolina Properties-Dillsboro Brokerage Phone: 8285863442 License #187068 Listed on: 07/23/2018

Last Buyer's Agent

Wanda Jones

Western Carolina Properties-Dillsboro Brokerage Phone: 8285863442 License #187068 Listed on: 07/23/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,229

Year Built

  • Built in 1990

Lot Details

  • 10.41 Acre Lot
  • Property fronts a state road
  • Private Lot
  • Open Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 2,984 Sq Ft Home
  • 1.5-Story Property
  • Central Vacuum
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Stone Fireplace
  • Insulated Windows
  • Insulated Doors
  • Great Room
  • Living Area on First Floor
  • Formal Dining Room
  • Recreation Room
  • Washer
  • Property Views

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Soaking Tub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Laundry in Basement
  • Basement with some natural light

Outdoor Features

  • Porch

Schools

  • Fairview Elementary School
  • Smoky Mountain High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 7643406315

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,229

Year Built

Built in 1990

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 10.41
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Ownership: More than One Year
  • Subdivision Name: None
  • Directions: Skyland Drive, Montieth Branch, Left into Frosty Ridge, Rt. Kitchen Branch to end of road, Rt. into Cavern Ridge, driveway on right, up paved driveway.
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Year Built: 1990
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Dishwasher, Electric Oven/Range, Washer, Refrigerator
  • Has Basement: Full, Exterior Entry, Daylight, Interior Entry, Finished Bath, Recreation/Game Room, Finished
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Doors-Insulated
  • Fireplace Features: Basement, Wood Burning, Stone, Insert
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Central Vacuum, Formal Dining Room, Large Master Bedroom, Primary on Main Level, Soaking Tub, Living/Dining Room, Rec/Game Room, Main Level Living, Walk-In Closet(s), Great Room
  • Living Area: 2984
  • Main Level Bathrooms: 1
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: Second
  • Living Room Living Room Level: First
  • Room Family Room Level: Second
  • Master Bedroom Master Bedroom Level: First
  • Room Office Level: Basement
  • Room Living Room Area: 255
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 117
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 16
  • Room Master Bedroom Area: 240
  • Room Dining Room Area: 99

Exterior Features

  • Lot Features: Private, Elevation over 3000, Open Lot, Unrestricted
  • View: Long Range View, View Year Round, Short Range View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding, Stone
  • Patio And Porch Features: Porch
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage-Single Attached

Utilities

  • Laundry Features: In Basement
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Gas Company: Propane Tank: Leased

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Fairview
  • High School: Smoky Mountain

Lot Info

  • Lot Size Sq Ft: 453459.6
  • Parcel #: 7643406315
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1229
  • Tax Book Number: 1457/1613

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2018
Closed on
Sep 21, 2019
Sold by
Smith Henry E and Smith Dorothy F
Bought by
Newman Michael and Whitfield Julie
Seller's Agent
Wanda Jones
Western Carolina Properties-Dillsboro
Buyer's Agent
Wanda Jones
Western Carolina Properties-Dillsboro
List Price
$310,000
Sold Price
$310,000
Current Estimated Value
$625,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,502
Avg. Annual Appreciation
12.24%
Original Mortgage
$312,000
Outstanding Balance
$277,079
Interest Rate
4.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$348,423

Purchase Details

Closed on
Mar 29, 2011
Sold by
Smith Terry K and Smith Jackie A
Bought by
Smith Henry E and Smith Dorothy
Source: Public Records

Range of Values:

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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
Newman Michael $310,000 --
Smith Henry E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newman Michael $312,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2019 09/27/19 Sold $310,000 0.0% $104 / Sq Ft
08/28/2019 08/28/19 Pending -- -- --
07/23/2018 07/23/18 For Sale $310,000 -- $104 / Sq Ft
Source: Carolina Smokies Association 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 $2,136 $562,182 $124,700 $437,482
2024 $1,414 $372,170 $108,540 $263,630
2023 $1,539 $372,170 $108,540 $263,630
2022 $1,539 $372,170 $108,540 $263,630
2021 $1,414 $372,170 $108,540 $263,630
2020 $1,309 $322,300 $94,730 $227,570
2019 $1,309 $322,300 $94,730 $227,570
2018 $1,309 $322,300 $94,730 $227,570
2017 $1,277 $322,300 $94,730 $227,570
2015 $1,014 $322,300 $94,730 $227,570
2011 -- $332,110 $78,630 $253,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26009272

APN: 7643-40-6315