NOT LISTED FOR SALE

311 Trailing Way Unit 142 Sylva, NC 28779

Estimated Value: $2,136,000 - $4,233,620

5 Beds
7 Baths
6,366 Sq Ft
$483/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $2,595,000 $408 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $17,759/month

791 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Clubhouse
  • Equestrian Center
  • Gated Community
  • Private Lot

About This Home

As of November 2021

This custom mountain home (designed by Al Platt) features light-filled rooms, vaulted ceilings and is 4,300 feet in elevation. The home was designed to fit in harmony with the land and take advantage of the panoramic long range mountain views. It's also meant for multi-generational family living - perfect for entertaining or for large private gatherings. Relax on one of the many expansive porches and balconies (both screened and open) to enjoy the breathtaking sunsets. 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: 08/13/2019

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • Private Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $433 Monthly HOA Fees

Parking

  • Attached Garage
  • Gravel Driveway

Home Design

  • Arts and Crafts Architecture
  • Stone Siding

Interior Spaces

  • Cathedral Ceiling
  • Fireplace
  • Kitchen Island

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Schools

  • Scotts Creek Elementary School
  • Smoky Mountain High School

Additional Features

  • Outdoor Fireplace
  • Equestrian Center
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 7672-60-3168

Community Details

Overview

  • Tina Jones Association, Phone Number (828) 354-0265
  • Built by Clark & Leatherwood

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$433 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Arts and Crafts
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.96865
  • Ratio Close Price By Original Li: 0.96865
  • Ratio Current Price By Acre: 1663461.54
  • Ratio Current Price By Sq Ft: 407.63
  • Year Built: 2007
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished
  • Upper Level Sq Ft: 1960
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7.00
  • Total Bedrooms: 5
  • Equipment: Ceiling Fan(s), Cooktop Gas, Central Vacuum, Double Oven, Disposal, Dryer, Dishwasher, Electric Dryer Hookup, Exhaust Fan, Gas Range, Grilltop, Ice Maker Connection, Microwave, Refrigerator, Exhaust Hood, Self Cleaning Oven, Surround Sound, Trash Compactor, Washer, Propane, Downdraft Cooktop, Freezer, Generator, Electric Oven
  • Fireplace Description: Living Room, Porch
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Tile, Wood
  • H O A Management Phone: (828) 354-0265
  • Interior Amenities: Built-Ins, Cathedral Ceiling(s), Kitchen Island, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main, Upper, Laundry Room
  • Room Count: 3
  • Sq Ft Basement: 1150
  • Main Level Sq Ft: 3256
  • Total Sq Ft: 6366
  • Sq Ft Unheated Basement: 288
  • Sq Ft Unheated Total: 467
  • Sq Ft Unheated Upper: 179

Exterior Features

  • Construction: Cedar Shake, Stone
  • Construction Type: Site Built
  • Exterior Features: Outdoor Fireplace, Underground Power Lines

Garage/Parking

  • Driveway: Gravel
  • Parking: Attached Garage, Driveway, Garage - 2 Car, Garage Door Opener
  • Sq Ft Garage: 576

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric, Gas, Propane

Condo/Co-op/Association

  • Community Features: Club House, Equestrian Facilities, Equestrian Trails, Fitness Center, Gated Community, Golf Course, Outdoor Pool, Security, Tennis Court(s), Walking Trails
  • Association Fee: 5200.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Tina Jones
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Scotts Creek
  • Middle School: Unspecified
  • High School: Smoky Mountain
  • Middle Or Junior School: Unspecified

Lot Info

  • Lot Features: Long Range View, Mountain View, Private, Trees, Views, Winter View, Wooded, Year Round View
  • Lot Size Area: 1.560
  • Parcel Number: 7672-60-3168
  • Plat Book Slide: 14/93
  • Zoning Specification: Res

Building Info

  • Builder Name: Clark & Leatherwood

Tax Info

  • Tax Value: 2005800.00
  • Tax Location: Jackson

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2022
Sold by
Bmp Real Estate Holdings Llc
Bought by
Bmp David Southworth R and Bmp Hldg E
Current Estimated Value
$3,075,540

Purchase Details

Listed on
Aug 13, 2019
Closed on
Nov 30, 2021
Sold by
Purdy Linda D and Purdy Charles M
Bought by
311 Balsam Llc
Seller's Agent
Harry Redfearn
Balsam Mountain Real Estate
Buyer's Agent
Non Member
Canopy Administration
List Price
$2,679,000
Sold Price
$2,595,000
Premium/Discount to List
-$84,000
-3.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.20%

Purchase Details

Closed on
Jul 29, 2005
Sold by
Balsam Mountain Preserve Llc
Bought by
Purdy Charles M and Purdy Linda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$534,600
Interest Rate
5.59%
Mortgage Type
Unknown
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 R $8,766,500 None Listed On Document
311 Balsam Llc $2,595,000 None Listed On Document
Purdy Charles M $594,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 311 Balsam Llc $1,427,250
Previous Owner Purdy Charles $417,000
Previous Owner Purdy Charles M $534,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $2,595,000 -3.1% $408 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $2,679,000 0.0% $421 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
01/08/2020 01/08/20 For Sale $2,679,000 +3.2% $421 / Sq Ft
12/31/2019 12/31/19 Off Market $2,595,000 -- --
08/13/2019 08/13/19 For Sale $2,679,000 -- $421 / 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 $13,020 $3,426,303 $450,000 $2,976,303
2024 $9,483 $2,495,640 $350,000 $2,145,640
2023 $9,623 $2,495,640 $350,000 $2,145,640
2022 $9,623 $2,495,640 $350,000 $2,145,640
2021 $9,483 $2,495,640 $350,000 $2,145,640
2020 $7,727 $2,005,800 $400,000 $1,605,800
2019 $7,727 $2,005,800 $400,000 $1,605,800
2018 $7,727 $2,005,800 $400,000 $1,605,800
2017 $7,526 $2,005,800 $400,000 $1,605,800
2015 $7,923 $2,055,800 $450,000 $1,605,800
2011 -- $2,791,970 $668,000 $2,123,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3538353

Canopy MLS (Canopy Realtor® Association)

APN: 7672-60-3168