NOT LISTED FOR SALE

438 Palmetto Ridge Sylva, NC 28779

Estimated Value: $383,000 - $477,000

2 Beds
2.5 Baths
-- Sq Ft
1.94 Acres

Last Sold June 05, 2018

Last sale price $210,000

Est. 98% increase in value since last sale

Current estimated payment $2,322/month

281 Days on Market

Highlights

  • 1.94 Acre Lot
  • Main Floor Primary Bedroom
  • Porch
  • Partially Wooded Lot
  • No HOA
  • Views

About This Home

As of June 2018

A remarkable view accents this very private home located conveniently located between Sylva and Franklin. With 2 bedrooms 2 1/2 baths and a bonus room there is plenty of room. A large front porch offers a great place to enjoy a cup of coffee in the morning or setting and enjoying the views and cool evening breezes. An outside fireplace is ideal for entertaining company. The inside of this home is well constructed and a spiral staircase takes you to a small room that is a great place to get away and read a book.

Last Agent to Sell the Property

Mike Potts

Keller Williams Great Smokies - Sylva Brokerage Phone: 8285864616 License #249717 Listed on: 07/28/2017

Keller Williams Great Smokies - Sylva

Last Buyer's Agent

Board Member Non

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $832

Year Built

  • Built in 2003

Lot Details

  • 1.94 Acre Lot
  • Partially Wooded Lot

Parking

  • No Garage

Home Design

  • Cabin
  • Slab Foundation
  • Rubber Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Furnished or left unfurnished upon request
  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors
  • Combination Dining and Living Room
  • Washer
  • Property Views

Kitchen

  • Gas Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 7529713398

Home Details

Home Type

Single Family

Est. Annual Taxes

$832

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.94
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Directions: From Dillsboro take 441 South to right on Palmetto Ridge (just past Turtle Creek at the row of mailboxes) Take Palmetto Ridge to just beyond the double-wide and turn left to the end of the road.
  • Architectural Style: Cabin
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Year Built: 2003
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8285864616
  • Special Features: None

Interior Features

  • Furnished: Negotiable
  • Appliances: Electric Water Heater, Dishwasher, Washer, Gas Oven/Range, Refrigerator
  • Has Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Doors-Insulated
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Concrete
  • Interior Amenities: Large Master Bedroom, Living/Dining Room
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: First
  • Master Bedroom Master Bedroom Level: First

Exterior Features

  • Lot Features: Unrestricted
  • View: View Year Round, Long Range View, Short Range View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Porch
  • Roof: Metal, Rubber

Garage/Parking

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

Utilities

  • Cooling: Central Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Gas Company: Propane Tank: Leased

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 84506.4
  • Parcel #: 7529713398
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 831.72
  • Tax Book Number: 1130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2017
Closed on
Jun 5, 2018
Sold by
Peake John and Peake Deloris
Bought by
Fricke Jared A and Fricke Kelly C
Seller's Agent
Mike Potts
Keller Williams Great Smokies - Sylva
Buyer's Agent
Board Member Non
List Price
$210,000
Sold Price
$210,000
Current Estimated Value
$415,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,395
Avg. Annual Appreciation
9.70%
Original Mortgage
$168,000
Outstanding Balance
$123,570
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$291,825
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
Fricke Jared A $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fricke Jared A $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2018 06/05/18 Sold $210,000 0.0% --
05/06/2018 05/06/18 Pending -- -- --
07/28/2017 07/28/17 For Sale $210,000 -- --
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 $1,415 $372,440 $64,020 $308,420
2024 $858 $225,870 $64,580 $161,290
2023 $983 $225,870 $64,580 $161,290
2022 $983 $225,870 $64,580 $161,290
2021 $858 $225,870 $64,580 $161,290
2020 $938 $224,790 $81,030 $143,760
2019 $938 $224,790 $81,030 $143,760
2018 $938 $224,790 $81,030 $143,760
2017 $916 $224,790 $81,030 $143,760
2015 $663 $224,790 $81,030 $143,760
2011 -- $206,940 $51,020 $155,920
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Mike Potts

    Keller Williams Great Smokies - Sylva

    (828) 507-9419

    27 in this area

    57 Total Sales

    Mike Potts
    Section Image

  • B

    Buyer's Agent in 2018

    Board Member Non

See All Agents

Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26005860

APN: 7529-71-3398

North Carolina Jackson County Sylva 28779

438 Palmetto Ridge, Sylva, NC

This home is located at 438 Palmetto Ridge, Sylva, NC 28779 since 28 July 2017 and is currently estimated at $415,395. This property was built in 2003. 438 Palmetto Ridge is a home located in Jackson County with nearby schools including Fairview Elementary School, Smoky Mountain High School, and Victory Christian School.

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