NOT LISTED FOR SALE

404 Timbuktu Rd Sylva, NC 28779

Estimated Value: $634,143 - $760,000

3 Beds
3 Baths
1,769 Sq Ft
$399/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $525,000 $297 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,926/month

17 Days on Market

Highlights

  • Wood Flooring
  • Walk-In Closet
  • Fire Pit
  • Separate Outdoor Workshop
  • Kitchen Island
  • Storm Doors

About This Home

As of August 2021

Nestled on over 13 acres, lies a solid built log cabin, with a paved state road leading up to the property line. Very private, yet not secluded, being approximately 15 minutes from either Sylva or Franklin. The views are majestic, facing south west towards the Cowee Mountain range. Stunning waterfall feature near the house and hiking trails for you to explore your acreage. This home features a deck on all three levels to take in the views. Enjoy kitchen updates such as granite countertops, hot water on demand and induction stove top. Bedroom and bath in the lower level with wood burning fireplace would make a great vacation rental.

Last Agent to Sell the Property

Amy Valliere

Howard Hanna Beverly-Hanks Waynesville License #308544 Listed on: 06/10/2021

Howard Hanna Beverly-Hanks Waynesville

Last Buyer's Agent

Jackie Tallent

Blue Ridge Real Estate License #320540

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 13.32

Parking

  • Workshop in Garage
  • Gravel Driveway

Home Design

  • Cabin
  • Stone Siding
  • Log Siding

Interior Spaces

  • Wood Burning Fireplace
  • Window Treatments
  • Bonus Room with Fireplace
  • Storm Doors
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Fire Pit
  • Separate Outdoor Workshop

Utilities

  • Heating System Uses Propane
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 7529-31-7173

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Cabin
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 39414.41
  • Ratio Current Price By Sq Ft: 296.78
  • Year Built: 1987
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Garage Door, Basement Outside Entrance, Basement Partially Finished
  • Upper Level Sq Ft: 747
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Storm Door(s)
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Dryer, Electric Oven, Electric Dryer Hookup, Exhaust Fan, Exhaust Hood, Ice Maker Connection, Induction Range, Propane, Refrigerator, Washer
  • Fireplace Description: Bonus Room, Living Room, Propane, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Cable Available, Garage Shop, Kitchen Island, Vaulted Ceiling, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Additional: 364
  • Main Level Sq Ft: 1022
  • Total Sq Ft: 1769
  • Sq Ft Unheated Basement: 658
  • Sq Ft Unheated Total: 658

Exterior Features

  • Construction: Log, Stone
  • Construction Type: Site Built
  • Exterior Features: Fire pit, Satellite Internet Available, Workshop

Garage/Parking

  • Driveway: Gravel
  • Parking: Garage - 1 Car, Parking Space - 4+

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat, Propane
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Fairview
  • Middle School: Fairview
  • High School: Smoky Mountain

Lot Info

  • Lot Size Area: 13.320
  • Parcel Number: 7529-31-7173
  • Zoning Specification: RES

Tax Info

  • Tax Value: 290660.00
  • Tax Location: Jackson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Aug 3, 2021
Sold by
Marchuck Jerome Michael and Marchuck Mary
Bought by
Leverett Ashley Kuebler and Leverett Todd Alan
Seller's Agent
Amy Valliere
Howard Hanna Beverly-Hanks Waynesville
Buyer's Agent
Jackie Tallent
Blue Ridge Real Estate
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$706,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,036
Avg. Annual Appreciation
7.29%
Original Mortgage
$393,750
Outstanding Balance
$358,575
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$347,461

Purchase Details

Closed on
Dec 29, 2008
Sold by
Young Peter B and Young Ellen M
Bought by
Marchuk Jerome Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.48%
Mortgage Type
New Conventional
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
Leverett Ashley Kuebler $525,000 None Available
Marchuk Jerome Michael $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leverett Ashley Kuebler $393,750
Previous Owner Marchuk Jerome Michael $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2021 08/05/21 Sold $525,000 0.0% $297 / Sq Ft
06/27/2021 06/27/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $525,000 -- $297 / 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 $2,322 $611,105 $68,440 $542,665
2024 $1,511 $397,560 $96,550 $301,010
2023 $1,636 $397,560 $96,550 $301,010
2022 $1,636 $397,560 $96,550 $301,010
2021 $1,105 $290,660 $96,550 $194,110
2020 $1,023 $247,150 $76,370 $170,780
2019 $1,023 $247,150 $76,370 $170,780
2018 $1,023 $247,150 $76,370 $170,780
2017 $998 $247,150 $76,370 $170,780
2015 $1,073 $247,150 $76,370 $170,780
2011 -- $353,150 $151,010 $202,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3750133

Canopy MLS (Canopy Realtor® Association)

APN: 7529-31-7173