NOT LISTED FOR SALE

289 Lanterns Wick Trail Sylva, NC 28779

Estimated Value: $410,000 - $533,000

2 Beds
2 Baths
1,100 Sq Ft
$424/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $435,000 $395 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,616/month

92 Days on Market

Highlights

  • Spa
  • 2.33 Acre Lot
  • Cathedral Ceiling
  • Custom Home
  • Partially Wooded Lot
  • Wood Flooring

About This Home

As of September 2023

Tucked away in the woods of Sylva, NC is this beautiful and unique cabin with over 2 acres. Enjoy the sounds of babbling brook from the covered porch that leads to the hot tub and firepit area for entertaining. The interior features beautifully reclaimed barnwood throughout, along with other custom features. The property includes a 26x35 metal workshop/garage with plenty of space for parking, or storage. This home is currently established as a short-term rental and is being sold fully furnished. Come enjoy the mountain sounds in your new cabin!

Last Agent to Sell the Property

Jon Tharp

Keller Williams Realty Of Franklin Brokerage Phone: 8285240100 License #305462 Listed on: 05/24/2023

Keller Williams Realty Of Franklin

Last Buyer's Agent

Board Member Non

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,089

Year Built

  • Built in 2020

Lot Details

  • 2.33 Acre Lot
  • Home fronts a stream
  • Partially Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Custom Home
  • Cabin
  • Metal Roof
  • Board and Batten Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Crawl Space
  • Property Views

Kitchen

  • Country Kitchen
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Outbuilding
  • Porch

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Brooks Branch Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 7620362650

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,089

Year Built

Built in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 2.33
  • Ownership: More than One Year
  • Subdivision Name: Brooks Branch
  • Directions: From Asheville: 74W to 441S | R onto Greens Creek | R onto Brooks Branch | R onto Lantern Wick | 1st home on Left. Google maps is accurate
  • Architectural Style: Cabin, Timber Frame, Custom
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 2020
  • NAV27_rets_property_type: Residential
  • NAV27_AllowsVacationRentalYN: Yes
  • Special Features: None

Interior Features

  • Spa Features: Hot Tub/Spa
  • Private Spa: Yes
  • Appliances: Electric Water Heater, Electric Oven/Range, Refrigerator, Washer, Dryer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Doors-Insulated
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Cathedral/Vaulted Ceiling, Country Kitchen, Kitchen/Dining Room, Primary on Main Level
  • Living Area: 1100
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: Second
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 138.25
  • Master Bedroom Master Bedroom Width: 12
  • Room Master Bedroom Area: 148

Exterior Features

  • View: View-Winter
  • View: Yes
  • Waterfront Features: Stream/Creek
  • Home Warranty: No
  • Construction Type: Board & Batten Siding
  • Other Structures: Outbuilding/Workshop
  • Patio And Porch Features: Porch
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage-Double Detached, RV Garage

Utilities

  • Cooling: Central Electric
  • Cooling Y N: Yes
  • Heating: Electric, Propane, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well, Private

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 101494.8
  • Parcel #: 7620362650

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1089.36
  • Tax Book Number: 2300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2023
Closed on
Sep 14, 2023
Sold by
Losada Jorge and Losada Jessica
Bought by
Schwartz Joann and Hadaway Rebecca
Seller's Agent
Jon Tharp
Keller Williams Realty Of Franklin
Buyer's Agent
Board Member Non
List Price
$445,000
Sold Price
$435,000
Premium/Discount to List
-$10,000
-2.25%
Views
176
Current Estimated Value
$466,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,533
Avg. Annual Appreciation
3.02%
Original Mortgage
$326,250
Outstanding Balance
$318,081
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$148,452

Purchase Details

Listed on
Mar 17, 2021
Closed on
Apr 28, 2021
Sold by
Polin Ray and Polin Mary
Bought by
Losada Jorge and Losada Jessica
Seller's Agent
Jon Tharp
Keller Williams Realty Of Franklin
Buyer's Agent
Jon Tharp
Keller Williams Realty Of Franklin
List Price
$294,500
Sold Price
$294,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.65%
Original Mortgage
$265,050
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 31, 2019
Closed on
Jun 20, 2019
Sold by
Smith David and Fogle Darlene
Bought by
Polin Ray and Polin Mary
Seller's Agent
Jon Tharp
Keller Williams Realty Of Franklin
Buyer's Agent
Jon Tharp
Keller Williams Realty Of Franklin
List Price
$52,000
Sold Price
$52,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
154.03%
Original Mortgage
$41,600
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2015
Sold by
Brougham Charles T and Brougham Shirley A
Bought by
Smith David and Fogle Darlene

Purchase Details

Closed on
Oct 23, 2008
Sold by
Brougham Charles T and Brougham Shirley A
Bought by
Brougham Charles T and Brougham Shirley A
Source: Public Records
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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
Schwartz Joann $435,000 None Listed On Document
Losada Jorge $294,500 None Available
Losada Jorge $294,500 None Listed On Document
Polin Ray $52,000 --
Smith David -- Attorney
Brougham Charles T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Joann $326,250
Previous Owner Losada Jorge $265,050
Previous Owner Polin Ray $41,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2023 09/22/23 Sold $435,000 -2.2% $395 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $445,000 0.0% $405 / Sq Ft
06/15/2023 06/15/23 Pending -- -- --
05/24/2023 05/24/23 For Sale $445,000 +51.1% $405 / Sq Ft
04/28/2021 04/28/21 Sold $294,500 0.0% $268 / Sq Ft View Prior Sale
03/29/2021 03/29/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $294,500 +466.3% $268 / Sq Ft
06/20/2019 06/20/19 Sold $52,000 0.0% -- View Prior Sale
05/21/2019 05/21/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $52,000 -- --
Source: Carolina Smokies Association of REALTORS®

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 $1,676 $441,086 $35,630 $405,456
2024 $965 $253,910 $35,880 $218,030
2023 $1,090 $253,910 $35,880 $218,030
2022 $1,090 $253,910 $35,880 $218,030
2021 $965 $253,910 $35,880 $218,030
2020 $248 $65,200 $24,600 $40,600
2019 $248 $65,200 $24,600 $40,600
2018 $248 $65,200 $24,600 $40,600
2017 $241 $65,200 $24,600 $40,600
2015 $117 $24,600 $24,600 $0
2011 -- $41,830 $41,830 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26030559

APN: 7620-36-2650