NOT LISTED FOR SALE

429 W Gate Rd Unit 24 Sylva, NC 28779

Estimated Value: $694,000 - $1,827,925

2 Beds
2.5 Baths
1,590 Sq Ft
$731/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $585,000 $368 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $7,209/month

609 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Open Floorplan
  • Equestrian Center
  • Gated Community
  • Clubhouse

About This Home

As of June 2021

Beautiful cabin in the private, gated community of Balsam Mountain Preserve! This property features mountain views and is only five (5) minutes from the main gate and approximately ten (10) minutes to most amenities. Balsam Mountain Preserve is a private 4,400 acre club community with 3,200 acres of conversation land with completed amenities featuring an Arnold Palmer Signature Golf Course, Palmer Practice Park, Equestrian Center, Ruby Valley Fitness & Wellness Pavilion, scenic trails, tennis and dining.

Last Listed By

Harry Redfearn

Balsam Mountain Real Estate License #86401 Listed on: 08/31/2019

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

  • Gravel Driveway

Home Design

  • Arts and Crafts Architecture
  • Cabin
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Skylights
  • Wood Burning Fireplace
  • Window Treatments
  • Crawl Space

Flooring

  • Wood
  • Tile

Additional Features

  • Equestrian Center
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 7672-14-3115

Community Details

Overview

  • Tina Jones Association, Phone Number (828) 354-0265

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

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Arts and Crafts, Cabin
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98319
  • Ratio Close Price By Original Li: 0.98319
  • Ratio Current Price By Acre: 291044.78
  • Ratio Current Price By Sq Ft: 367.92
  • Year Built: 2007
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Cooktop Gas, Disposal, Dryer, Dishwasher, Exhaust Fan, Gas Range, Microwave, Refrigerator, Trash Compactor, Washer, Propane, Freezer, Gas Oven
  • Fireplace Description: Living Room, Porch, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • H O A Management Phone: (828) 354-0265
  • Interior Amenities: Open Floorplan, Skylight(s), Split BR Plan, Vaulted Ceiling, Window Treatments
  • Laundry Location: Main, Closet
  • Room Count: 1
  • Main Level Sq Ft: 1590
  • Total Sq Ft: 1590

Exterior Features

  • Construction: Stone, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

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

Lot Info

  • Lot Features: Long Range View, Mountain View, Private, Trees, Views, Winter View, Wooded, Year Round View
  • Lot Size Area: 2.010
  • Parcel Number: 7672-14-3115
  • Plat Book Slide: 16/413
  • Zoning Specification: Res

Tax Info

  • Tax Value: 709310.00
  • Tax Location: Jackson

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 Real Estate Holdings Llc
Total Days on Market
609
Current Estimated Value
$1,162,231

Purchase Details

Listed on
Aug 31, 2019
Closed on
May 28, 2021
Sold by
Long Leonard C and Long Pamela
Bought by
Petersen Patti and Revocable Trust Agmt Of Patti
Seller's Agent
Harry Redfearn
Balsam Mountain Real Estate
Buyer's Agent
Harry Redfearn
Balsam Mountain Real Estate
List Price
$595,000
Sold Price
$585,000
Premium/Discount to List
-$10,000
-1.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.03%

Purchase Details

Closed on
Aug 24, 2012
Sold by
Lls West Gate Cabin
Bought by
Long Leonard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 31, 2007
Sold by
Balsam Mountain Preserve Llc
Bought by
Wells Gate Cabin Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,544
Interest Rate
6.12%
Mortgage Type
Unknown

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 Real Estate Holdings Llc $8,766,500 --
Petersen Patti $579,000 None Available
Long Leonard C -- None Available
Wells Gate Cabin Llc $409,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Long Leonard C $343,000
Previous Owner West Gate Cabin Llc $500,000
Previous Owner Wells Gate Cabin Llc $413,544
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2021 06/03/21 Sold $585,000 -1.7% $368 / Sq Ft
05/01/2021 05/01/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $595,000 0.0% $374 / Sq Ft
02/10/2021 02/10/21 For Sale $595,000 0.0% $374 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
09/29/2020 09/29/20 For Sale $595,000 +1.7% $374 / Sq Ft
09/01/2020 09/01/20 Off Market $585,000 -- --
10/28/2019 10/28/19 For Sale $595,000 0.0% $374 / Sq Ft
10/08/2019 10/08/19 Pending -- -- --
08/31/2019 08/31/19 For Sale $595,000 -- $374 / 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
2024 $3,984 $1,048,356 $100,000 $948,356
2023 $3,555 $902,600 $100,000 $802,600
2022 $2,359 $587,960 $100,000 $487,960
2021 $2,614 $687,960 $200,000 $487,960
2020 $2,779 $709,310 $250,000 $459,310
2019 $2,779 $709,310 $250,000 $459,310
2018 $2,779 $709,310 $250,000 $459,310
2017 $2,708 $709,310 $250,000 $459,310
2015 $2,772 $709,310 $250,000 $459,310
2011 -- $959,830 $410,000 $549,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3547387

Canopy MLS (Canopy Realtor® Association)

APN: 7672-14-3115