NOT LISTED FOR SALE

404 Timbuktu Rd Sylva, NC 28779

Sylva Area

Estimated Value: $725,012

3 Beds
3 Baths
1,769 Sq Ft
$410/Sq Ft Est. Value

Sale Details

Date Sold: August 5, 2021

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

Est. 38% increase in value since last sale

Current estimated payment $4,214 / mo

17 Days on Market

Highlights

  • Vaulted Ceiling
  • Separate Outdoor Workshop
  • Kitchen Island
  • Wood Flooring
  • Walk-In Closet
  • Fire Pit

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

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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

  • Vaulted Ceiling
  • 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

13.32 Acres

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

Lot Info

  • Parcel Number: 7529-31-7173
  • Zoning Specification: RES

Tax Info

  • Tax Value: 290660.00
  • Tax Location: Jackson

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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
$725,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,012
Avg. Annual Appreciation
6.51%
Original Mortgage
$393,750
Outstanding Balance
$350,069
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$374,943

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Sylva, NC

  • Ryan Cote Real Estate Agent - Vignette Realty, LLC

    Ryan Cote

    Vignette Realty, LLC

    (828) 672-3705

    76 Total Sales

    6 in Sylva

    $120K - $830K Price Range

    Ryan Cote
     Section Image
  • Shannon Garrett Real Estate Agent - Allen Tate/Beverly-Hanks Hendersonville

    Shannon Garrett

    Allen Tate/Beverly-Hanks Hendersonville

    (828) 845-8078

    44 Total Sales

    1 in Sylva

    $365,000 Price

    Shannon Garrett
     Section Image
  • Cory Coleman Real Estate Agent - Keller Williams Great Smokies - Sylva

    Cory Coleman

    Keller Williams Great Smokies - Sylva

    (828) 307-9204

    24 Total Sales

    13 in Sylva

    $33K - $800K Price Range

    Cory Coleman
     Section Image
  • Cynthia Frazier Real Estate Agent - Asheville Realty & Associates

    Cynthia Frazier

    Asheville Realty & Associates

    (828) 520-0945

    33 Total Sales

    1 in Sylva

    $320,000 Price

    Cynthia Frazier
     Section Image
  • Nedra Creason Real Estate Agent - RE/MAX Executive

    Nedra Creason

    RE/MAX Executive

    (828) 492-3506

    84 Total Sales

    1 in Sylva

    $515,000 Price

    Nedra Creason
     Section Image
  • David Willett Real Estate Agent - RE/MAX Executive

    David Willett

    RE/MAX Executive

    (828) 944-8251

    56 Total Sales

    2 in Sylva

    $340,000 Price Range

    David Willett
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$525,000 None Available
Marchuk Jerome Michael $400,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $393,750
Previous Owner Marchuk Jerome Michael $320,000
Previous Owner Young Peter B $28,800
Previous Owner Young Peter B $108,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • AV

    Seller's Agent in 2021

    Amy Valliere

    Howard Hanna Beverly-Hanks Waynesville

    (828) 768-8361

    82 Total Sales

    Amy Valliere
    Section Image
  • Jackie Tallent Real Estate Agent - Blue Ridge Real Estate

    Buyer's Agent in 2021

    Jackie Tallent

    Blue Ridge Real Estate

    (828) 280-0375

    30 Total Sales

    Jackie Tallent
    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3750133

Canopy MLS

APN: 7529-31-7173

North Carolina Jackson County Sylva 28779

404 Timbuktu Rd, Sylva, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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