$187,000
SOLD JUL 10, 2019

324 Racking Cove Sylva, NC 28779

3 Beds
3 Baths
-- Sq Ft
0.56 Acres

Recently Sold

23 Days on Market

Highlights

  • RV Access or Parking
  • Ranch Style House
  • Sun or Florida Room
  • Open Floorplan
  • Bonus Room
  • No HOA

About This Home

As of December 2021

Charming brick ranch style home within minutes of downtown Sylva. 3 bedrooms and 3 bath sitting on 1/2 acre of mostly flat ground. Renovated in 2016 and features granite counter tops, stainless steel appliances and a wall oven. A nice sun room off the back of the house. An open , modern floor plan with an island separating the kitchen from the living room. Laminate wood floors in the living space and carpeted bedrooms. A nice wrap around porch and a fenced in yard.

Last Agent to Sell the Property

Selissa Taylor

Appalachian Real Estate Brokerage Phone: 8284881010 License #220369 Listed on: 05/17/2019

Last Buyer's Agent

Selissa Taylor

Appalachian Real Estate Brokerage Phone: 8284881010 License #220369 Listed on: 05/17/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $583

Year Built

  • Built in 1973

Lot Details

  • 0.56 Acre Lot
  • Home fronts a stream
  • Property fronts a state road
  • Level Lot

Home Design

  • Ranch Style House
  • Brick Veneer
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • Open Floorplan
  • Self Contained Fireplace Unit Or Insert
  • Stone Fireplace
  • Insulated Windows
  • Bonus Room
  • Sun or Florida Room
  • Screened Porch
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • No Garage
  • RV Access or Parking

Location

  • In Flood Plain

Schools

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

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7652738878

Home Details

Home Type

Single Family

Est. Annual Taxes

$583

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.56
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Ownership: Less than One Year
  • Subdivision Name: None
  • Directions: Hwy 74 east past the Sylva Hospital Exit go about 3 miles, make a right onto Racking Cove. House is on the right.
  • Architectural Style: Ranch/Single
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1973
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8284881010
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Microwave, Dishwasher, Electric Oven/Range, Exhaust Fan, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Stone, Insert
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Ceramic Tile
  • Interior Amenities: Bonus Room, Primary on Main Level, Breakfast Bar, Living/Dining Room, Sunroom, Kitchen/Dining Room, Open Floorplan
  • Main Level Bathrooms: 3
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Room Family Room Level: First
  • Room Bedroom3 Area: 120
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 150
  • Room Living Room Area: 195.5
  • Room Bedroom3 Level: First
  • Room Kitchen Area: 210
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 12
  • Room Master Bedroom Area: 162
  • Room Dining Room Area: 156
  • Room Family Room Area: 357

Exterior Features

  • Lot Features: Flood Plain, Allow RVs, Level, Unrestricted
  • View: No
  • Waterfront Features: Stream/Creek
  • Home Warranty: No
  • Construction Type: Brick Veneer
  • Patio And Porch Features: Screened Porch/Deck
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, None-Carport

Utilities

  • Cooling: Central Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Propane, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Public
  • Gas Company: Propane Tank: Leased
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 24393.6
  • Parcel #: 7652738878
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 582.9
  • Tax Book Number: 2223

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Dec 14, 2021
Sold by
Edwards Stacey Sprague and Butch Dean P
Bought by
Chotalia Crystal Lynn and Chotalia Dhruv Satish
Seller's Agent
Cindi Magana
Realty One Group Results
Buyer's Agent
Adrienne Clark Higdon
Blue Ridge Premier Realty
List Price
$284,777
Sold Price
$255,050
Premium/Discount to List
-$29,727
-10.44%
Current Estimated Value
$353,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,824
Avg. Annual Appreciation
10.57%
Original Mortgage
$250,430
Outstanding Balance
$231,215
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$141,614

Purchase Details

Listed on
May 17, 2019
Closed on
Jul 5, 2019
Sold by
Shumaker Paul S and Shumaker Beverly
Bought by
Sprague-Edwards Stacey
Seller's Agent
Selissa Taylor
Appalachian Real Estate
Buyer's Agent
Selissa Taylor
Appalachian Real Estate
List Price
$187,000
Sold Price
$187,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.50%
Original Mortgage
$189,000
Interest Rate
4.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 19, 2018
Closed on
Sep 25, 2018
Sold by
Umstead Alison
Bought by
Shumaker Paul S and Shumaker Beverly
Seller's Agent
Bernard Gilchrist
Sundog Realty
Buyer's Agent
Selissa Taylor
Appalachian Real Estate
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%

Purchase Details

Listed on
Jun 19, 2016
Closed on
Sep 1, 2016
Sold by
Racking Cove Llc
Bought by
Umstead Alison
Seller's Agent
Allen Lomax
Steed Talker Realty LLC
Buyer's Agent
Bernard Gilchrist
Sundog Realty
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%
Original Mortgage
$154,241
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 2, 2014
Closed on
Oct 5, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Stamper Gary
Buyer's Agent
Board Member Non
List Price
$29,900
Sold Price
$29,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
512.33%

Purchase Details

Closed on
Mar 18, 2014
Sold by
Lomax H Allen
Bought by
Federal Home Loan Mortgage Corporation
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 Type Sale Price Title Company
Warranty Deed $255,500 None Available
Warranty Deed -- --
Warranty Deed $175,000 --
Warranty Deed $150,000 Attorney
Warranty Deed $29,900 None Available
Trustee Deed $133,218 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,430 FHA
Previous Owner $189,000 Adjustable Rate Mortgage/ARM
Previous Owner $154,241 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2021 12/21/21 Sold $255,050 -1.9% $133 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
08/18/2021 08/18/21 Price Changed $259,900 -3.7% $135 / Sq Ft
07/22/2021 07/22/21 Price Changed $269,900 -1.9% $140 / Sq Ft
07/06/2021 07/06/21 Price Changed $275,000 -3.4% $143 / Sq Ft
06/14/2021 06/14/21 For Sale $284,777 +52.3% $148 / Sq Ft
07/10/2019 07/10/19 Sold $187,000 0.0% --
06/10/2019 06/10/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $187,000 +6.9% --
09/25/2018 09/25/18 Sold $175,000 0.0% $92 / Sq Ft
08/26/2018 08/26/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $175,000 +16.7% $92 / Sq Ft
09/02/2016 09/02/16 Sold $150,000 0.0% $88 / Sq Ft
08/03/2016 08/03/16 Pending -- -- --
06/21/2016 06/21/16 For Sale $150,000 +401.7% $88 / Sq Ft
10/14/2015 10/14/15 Sold $29,900 0.0% $16 / Sq Ft
09/14/2015 09/14/15 Pending -- -- --
06/04/2014 06/04/14 For Sale $29,900 -- $16 / 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 $1,303 $342,777 $42,260 $300,517
2024 $885 $232,910 $39,030 $193,880
2023 $1,010 $232,910 $39,030 $193,880
2022 $1,010 $232,910 $39,030 $193,880
2021 $790 $192,520 $39,030 $153,490
2020 $583 $131,290 $29,030 $102,260
2019 $583 $131,290 $29,030 $102,260
2018 $583 $131,290 $29,030 $102,260
2017 $570 $131,290 $29,030 $102,260
2015 -- $131,290 $29,030 $102,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26012183

APN: 7652-73-8878