NOT LISTED FOR SALE

406 Buchanan Loop Rd Sylva, NC 28779

Estimated Value: $1,217,000 - $1,593,000

4 Beds
6 Baths
6,200 Sq Ft
$228/Sq Ft Est. Value

Last Sold April 06, 2021

Last sale price $835,000 $135 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $8,068/month

110 Days on Market

Highlights

  • Spa
  • Custom Home
  • Deck
  • RV Access or Parking
  • 24.2 Acre Lot
  • Private Lot

About This Home

As of April 2021

24 Acre Private estate in the heart of Jackson County. Located just Minutes to schools, shopping, dining, universities and hospital in Webster community. Home boasts an elegant foyer with graceful curved staircase, library with built in bookcases, rolling book ladder, fireplace & Brazilian cherry floors. Spacious kitchen with top of the line appliances, granite counter tops & custom tile & stonework. Sub Zero wine cooler and refrigeration drawers can be found in the butler's pantry. Offering both casual and formal dining. Family room has built in cabinets and natural stone fireplace. A HUGE master wing includes endless pool, steam shower, exercise area and home office or sitting room. 3 guest suites with pocket doors in hallway for complete privacy. Guest suites offering the perfect layout for in-laws, au pair or growing children that need some privacy. Outdoor living space offers incredible long range mountain views, nature trails, playhouse, fenced yard, garden area, hot tub and a large screened porch! Additional acreage offers complete privacy or an opportunity for additional homesites. The perfect place for relaxing with family or entertaining friends! LOVE THIS HOUSE!!!!!

Last Agent to Sell the Property

Kim Preston

Keller Williams Great Smokies - Sylva Brokerage Phone: 8285864616 License #164934 Listed on: 11/14/2020

Keller Williams Great Smokies - Sylva

Last Buyer's Agent

Susan Fouts

Blue Ridge Premier Realty License #297342

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,860

Year Built

  • Built in 1988

Lot Details

  • 24.2 Acre Lot
  • Home fronts a stream
  • Property fronts a state road
  • Private Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Custom Home
  • Shingle Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 6,200 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Stone Fireplace
  • Insulated Windows
  • Insulated Doors
  • Breakfast Room
  • Formal Dining Room
  • Bonus Room
  • Screened Porch
  • Crawl Space
  • Laundry on main level
  • Property Views

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub Includes Tile Surround

Outdoor Features

  • Spa
  • Deck
  • Outdoor Storage

Location

  • City Lot

Utilities

  • Cooling Available
  • Heat Pump System
  • Power Generator
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 7640393782

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,860

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 24.2
  • Road Frontage Type: State Road
  • Ownership: More than One Year
  • Directions: Buchanan Loop to house number 406. Gated driveway, please call listing broker.
  • Architectural Style: Custom
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Year Built: 1988
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8285864616
  • Special Features: None

Interior Features

  • Spa Features: Hot Tub/Spa
  • Private Spa: Yes
  • Appliances: Electric Water Heater, Gas Oven/Range, Dishwasher, Refrigerator
  • Other Equipment: Generator
  • Has Basement: Crawl Space, None
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Doors-Insulated
  • Fireplace Features: Wood Burning, Gas Log, Stone
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Bonus Room, Ceiling Fan(s), Soaking Tub, Breakfast Bar, Large Master Bedroom, Breakfast Room, Ceramic Tile Bath, Split Bedroom, Pantry, Other, Cathedral/Vaulted Ceiling, Formal Dining Room, Primary w/Ensuite, Walk-In Closet(s)
  • Living Area: 6200
  • Main Level Bathrooms: 1
  • Window Features: Insulated Windows, Skylight(s)
  • Room Bedroom2 Level: Second
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: Second
  • Room Office Level: First
  • Room Living Room Area: 452.8333
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 473.3333
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 20.25
  • Room Master Bedroom Area: 369.5625
  • Room Dining Room Area: 234

Exterior Features

  • Lot Features: Private, Allow RVs, Rolling, Within City Limits, City Lot
  • View: View Year Round, Long Range View, Short Range View, View-Winter
  • View: Yes
  • Waterfront Features: Stream/Creek
  • Home Warranty: No
  • Construction Type: Wood Siding, Stone
  • Other Structures: Storage Building/Shed
  • Patio And Porch Features: Deck, Screened Porch/Deck
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage-Double Attached, Garage Door Opener

Utilities

  • Laundry Features: First Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Electric, Other
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Well
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 1054152
  • Parcel #: 7640393782
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4860
  • Tax Book Number: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2020
Closed on
Apr 5, 2021
Sold by
Spinn Michael and Spinn Carleigh
Bought by
Prager Steven and Prager Veronica
Seller's Agent
Kim Preston
Keller Williams Great Smokies - Sylva
Buyer's Agent
Susan Fouts
Blue Ridge Premier Realty
List Price
$835,000
Sold Price
$835,000
Current Estimated Value
$1,412,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$577,942
Avg. Annual Appreciation
13.11%
Original Mortgage
$548,250
Outstanding Balance
$498,867
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$914,075

Purchase Details

Listed on
Nov 19, 2015
Closed on
Jun 24, 2016
Sold by
Keever Jay P and Keever Janine
Bought by
Spinn Michael and Spinn Carleigh
Seller's Agent
Kim Preston
Keller Williams Great Smokies - Sylva
List Price
$805,000
Sold Price
$805,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.77%
Original Mortgage
$300,000
Interest Rate
3.48%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Aug 5, 2013
Closed on
Nov 12, 2013
Sold by
Macneill Joan G
Bought by
Keever Jay P and Keever Janine
Seller's Agent
Michelle McElroy
Allen Tate/Beverly-Hanks Waynesville
Buyer's Agent
Non Member
Canopy Administration
List Price
$849,000
Sold Price
$810,000
Premium/Discount to List
-$39,000
-4.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.24%
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
Prager Steven $835,000 None Available
Spinn Michael $805,000 Attorney
Keever Jay P $810,000 None Available
Macneill Joan G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prager Steven $548,250
Previous Owner Spinn Michael B $375,000
Previous Owner Spinn Michael $300,000
Previous Owner Spinn Michael $34,144,151
Previous Owner Spinn Michael $700,000
Previous Owner Macneill Malcolm G $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2021 04/06/21 Sold $835,000 0.0% $135 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
11/16/2020 11/16/20 For Sale $835,000 +3.7% $135 / Sq Ft
06/30/2016 06/30/16 Sold $805,000 0.0% $128 / Sq Ft
05/31/2016 05/31/16 Pending -- -- --
11/22/2015 11/22/15 For Sale $805,000 -0.6% $128 / Sq Ft
11/12/2013 11/12/13 Sold $810,000 -4.6% $106 / Sq Ft
09/09/2013 09/09/13 Pending -- -- --
08/05/2013 08/05/13 For Sale $849,000 -- $111 / 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
2024 $3,173 $835,020 $293,730 $541,290
2023 $4,566 $835,020 $293,730 $541,290
2022 $4,566 $835,020 $293,730 $541,290
2021 $4,380 $835,020 $293,730 $541,290
2020 $4,516 $832,300 $406,440 $425,860
2019 $3,684 $832,300 $406,440 $425,860
2018 $3,684 $832,300 $406,440 $425,860
2017 $3,601 $832,300 $406,440 $425,860
2015 $4,645 $832,300 $406,440 $425,860
2011 -- $1,375,890 $565,680 $810,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26017831

APN: 7640-39-3782