NOT LISTED FOR SALE

220 Cook House Rd Unit 220 Sylva, NC 28779

Estimated Value: $141,407 - $239,000

1.8 Acres
$103,807 Price per Acre
78,408 Sq Ft Lot

Last Sold September 30, 2022

Last sale price $125,000

Est. 49% increase in value since last sale

Current estimated payment $1,524/month

149 Days on Market

Highlights

  • Golf Course Community
  • Clubhouse
  • Wooded Lot
  • Equestrian Center
  • Private Lot
  • Community Pool

About This Lot

As of September 2022

Spectacular North mountain range views and views of Plott Balsam Range. Balsam Mountain Preserve is a private 4,400 acre club community with 3,200 acres of conservation land and completed amenities featuring golf, equestrian, scenic trails, tennis and dining. The stunning new facilities at Doubletop Village, including the Summit House Restaurant and Mine Tavern, are now open to members and their guests.

Last Agent to Sell the Property

Harry Redfearn

Balsam Mountain Real Estate License #86401 Listed on: 05/04/2022

Last Buyer's Agent

Harry Redfearn

Balsam Mountain Real Estate License #86401 Listed on: 05/04/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $570

Lot Details

  • Private Lot
  • Wooded Lot
  • Possible uses of the property include Private Estate, Recreational/2nd House, Residential

HOA Fees

  • $458 Monthly HOA Fees

Schools

  • Scotts Creek Elementary And Middle School
  • Smokey Mountain High School

Horse Facilities and Amenities

  • Equestrian Center

Utilities

  • Well Required
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 7672-75-9700

Community Details

Overview

  • Balsam Mountain Preserve Community Association, Phone Number (828) 354-0265
  • Balsam Mountain Preserve Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Pool
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$570

Lot Details

0

HOA Fees

$458 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 69444.44
  • Restrictions: Architectural Review,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Special Assessment Description: NA
  • Proposed Special Assessment Desc: NA
  • Road Frontage Type: Gravel Road
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Private Estate, Recreational/2nd House, Residential

Exterior Features

  • Tax Location: Jackson
  • Waterfront Elevation: 3500

Utilities

  • Sewer: Septic Needed, None
  • Utilities: Electricity Available, Telephone On-Site
  • Water Source: Well Needed, None

Condo/Co-op/Association

  • Community Features: Clubhouse, Equestrian Facilities, Equestrian Trails, Gated, Golf, Outdoor Pool, Recreation Area, Tennis Court(s), Walking Trails
  • Association Fee: 5500
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Balsam Mountain Preserve Community Association
  • Phone: (828) 354-0265
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Scotts Creek
  • HOA Subject To: Required
  • HOA Email: tjones@balsammountainca.org
  • CAR_YearlyHOAExpense: 5500.00

Lot Info

  • Lot Features: Mountain View, Private, Wooded
  • Lot Size Area: 1.8
  • Lot Size Units: Acres
  • Parcel Number: 7672-75-9700
  • Out Buildings Yn: 0
  • Plat Book Slide: 15/953
  • Can Be Subdivided: 0
  • Plat Reference Section Pages: 15/953
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.19333

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Nov 14, 2022
Sold by
Bmp Builders Llc
Bought by
Bmp David Southworth Real Estate Holdings Llc
Seller's Agent
Harry Redfearn
Balsam Mountain Real Estate
Buyer's Agent
Harry Redfearn
Balsam Mountain Real Estate
List Price
$179,000
Sold Price
$125,000
Premium/Discount to List
-$54,000
-30.17%
Views
42
Current Estimated Value
$186,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,852
Avg. Annual Appreciation
14.81%

Purchase Details

Listed on
May 4, 2022
Closed on
Sep 27, 2022
Sold by
Bmp Real Estate Holdings Llc
Bought by
Bmp David Southworth Real Estate Holdings Llc
Seller's Agent
Harry Redfearn
Balsam Mountain Real Estate
Buyer's Agent
Harry Redfearn
Balsam Mountain Real Estate
List Price
$179,000
Sold Price
$125,000
Premium/Discount to List
-$54,000
-30.17%
Views
42

Purchase Details

Listed on
May 4, 2022
Closed on
Sep 26, 2022
Sold by
Balsam Mountain 220 Llc
Bought by
Bmp Builders Llc
Seller's Agent
Harry Redfearn
Balsam Mountain Real Estate
Buyer's Agent
Harry Redfearn
Balsam Mountain Real Estate
List Price
$179,000
Sold Price
$125,000
Premium/Discount to List
-$54,000
-30.17%
Views
42

Purchase Details

Closed on
Dec 17, 2020
Sold by
Benedict Kerry T and Benedict Cynthia M
Bought by
Balsam Mountain 220 Llc

Purchase Details

Closed on
Dec 19, 2013
Sold by
Bowdon Holdings Corporation
Bought by
Benedict Kerry T and Benedict Cynthia M

Purchase Details

Closed on
Aug 3, 2012
Sold by
Allin Investments Llc
Bought by
Bowdon Holdings Corp
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
Bmp David Southworth Real Estate Holdings Llc -- --
Bmp David Southworth Real Estate Holdings Llc $8,766,500 --
Bmp Builders Llc $125,000 --
Balsam Mountain 220 Llc -- None Available
Balsam Mountain 220 Llc -- None Listed On Document
Benedict Kerry T $200,000 None Available
Bowdon Holdings Corp $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bmp David Southworth Real Esta $10,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $125,000 -30.2% --
05/04/2022 05/04/22 For Sale $179,000 -- --
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
2025 $570 $150,000 $150,000 $0
2024 $570 $150,000 $150,000 $0
2023 $570 $150,000 $150,000 $0
2022 $570 $150,000 $150,000 $0
2021 $570 $150,000 $150,000 $0
2020 $760 $200,000 $200,000 $0
2019 $760 $200,000 $200,000 $0
2018 $760 $200,000 $200,000 $0
2017 $740 $200,000 $200,000 $0
2015 $1,540 $200,000 $200,000 $0
2011 -- $550,000 $550,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3856418

Canopy MLS (Canopy Realtor® Association)

APN: 7672-75-9700