$365,000
SOLD FEB 7, 2025

44 Balsam Ln Newland, NC 28657

2 Beds
4 Baths
1,090 Sq Ft
0.35 Acres

Recently Sold

$335 Per Sq Ft

1% Below List Price

46 Days on Market

Highlights

  • Golf Course Community
  • Fishing
  • Lake Privileges
  • River Access
  • Home fronts a pond
  • A-Frame Home

About This Home

As of February 2025

This unique property in Linville Land Harbor offers a rare opportunity to own a home with an oversized .35-acre lot backing up to large acreage wooded tract. The property features two structures including the main house and an oversized 2 car garage with Mother-in-law Suite. The main house, a classic A-frame design, is a cozy retreat with a first-floor living area, a functional kitchen, a master bedroom with an ensuite bath, a full guest bath, ample laundry/pantry space, multiple decks, and a large rear screened porch overlooking the wooded acreage with plenty of resident deer and birds. Upstairs, you’ll find a small bedroom with a private deck, a half bath, and a loft area, perfect for work or relaxation. Below the home is a dry and spacious, unfinished crawlspace accessed via a full size door. Across the driveway is a charming apartment perched above an oversized two-car garage. This separate structure includes a brand new large deck, a cozy living area, kitchenette, bedroom, and full bath. While LLH rules prevent the apartment from being rented separately, the main house and apartment can be rented together, offering a great setup for guests, family, or tenants. Surrounded by lush landscaping with vibrant flowers, mature trees, and shrubs, this property blends natural beauty with privacy. As part of the Linville Land Harbor community, you’ll enjoy a host of incredible amenities, including golf, trout fishing, pickleball, tennis, a dog park, scenic hiking trails, lake access, and a welcoming clubhouse. The community also hosts great events and offers activities like yoga, making it easy to connect with neighbors and enjoy an active lifestyle. Whether you're looking for a serene mountain retreat, a versatile family home, or an investment opportunity, this property offers it all. Don’t miss your chance to experience the magic of Linville Land Harbor. Schedule your showing today! - 2025 POA fees will be $3456. - $5000 new buyer initiation fee.

Last Agent to Sell the Property

James Canterbury

The Summit Group Of The Carolinas Brokerage Phone: (828) 898-3500 Listed on: 12/23/2024

Co-Listed By

Marsha McManus

The Summit Group Of The Carolinas Brokerage Phone: (828) 898-3500

Last Buyer's Agent

James Canterbury

The Summit Group Of The Carolinas Brokerage Phone: (828) 898-3500 Listed on: 12/23/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $756

Year Built

  • Built in 1972

Lot Details

  • 0.35 Acre Lot
  • Home fronts a pond
  • Property fronts a private road

HOA Fees

  • $267 Monthly HOA Fees

Home Design

  • A-Frame Home
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,090 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Propane Fireplace
  • Crawl Space
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Garage
  • Oversized Parking
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • River Access
  • Stream or River on Lot
  • Lake Privileges
  • Covered patio or porch
  • Shed

Schools

  • Crossnore Elementary School
  • Avery County High School

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • Tankless Water Heater
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 70
  • Assessor Parcel Number 1844-11-56-9759-00000

Community Details

Overview

  • Linville Land Harbor Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Fishing
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$756

Year Built

Built in 1972

Lot Details

0

HOA Fees

$267 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.35
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 304
  • Co List Office Phone: (828) 898-3500
  • Subdivision Name: Linville Land Harbor
  • Above Grade Finished Sq Ft: 1090.0
  • Architectural Style: A-Frame
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1972
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (828) 898-3500
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Gas Range, Gas Water Heater, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Vented, Gas, Propane
  • Fireplace: Yes
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 1090.0
  • Stories: 2

Exterior Features

  • Pool Features: Community
  • Waterfront Features: Lake Privileges, River Access, Pond
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Storage, Gravel Driveway
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Multiple
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Detached, Garage, Gravel, Oversized, Private

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Fireplace(s), Propane
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Dog Park, Fishing, Golf, Lake, Pickleball, Pool, River, Tennis Court(s), Trails/Paths, Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 3202.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Crossnore
  • High School: Avery County

Lot Info

  • Parcel #: 1844-11-56-9759-00000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 756.0
  • Tax Book Number: 491/2148
  • Tax Lot: 70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2024
Closed on
Feb 7, 2025
Sold by
Dingo Edward C and Dingo Karen A
Bought by
Cave Adam Michael Russ and Cave Cynthia Daniel
Seller's Agent
James Canterbury
The Summit Group Of The Carolinas
Buyer's Agent
James Canterbury
The Summit Group Of The Carolinas
List Price
$369,000
Sold Price
$365,000
Premium/Discount to List
-$4,000
-1.08%
Views
10
Current Estimated Value
$371,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,864
Avg. Annual Appreciation
4.13%
Original Mortgage
$292,000
Outstanding Balance
$290,753
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$81,111
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $365,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $292,000 New Conventional
Previous Owner $105,000 New Conventional
Previous Owner $77,900 Credit Line Revolving
Previous Owner $77,900 Unknown
Previous Owner $79,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 Sold $365,000 -1.1% $335 / Sq Ft
12/23/2024 12/23/24 For Sale $369,000 +272.7% $339 / Sq Ft
05/27/2015 05/27/15 Sold $99,000 0.0% $92 / Sq Ft
04/27/2015 04/27/15 Pending -- -- --
08/15/2014 08/15/14 For Sale $99,000 -- $92 / Sq Ft
Source: High Country 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
2023 $757 $189,200 $35,000 $154,200
2022 $757 $189,200 $35,000 $154,200
2021 $558 $101,400 $25,000 $76,400
2020 $558 $101,400 $25,000 $76,400
2019 $558 $101,400 $25,000 $76,400
2018 $558 $101,400 $25,000 $76,400
2017 $716 $130,200 $0 $0
2016 $582 $130,200 $0 $0
2015 $582 $130,200 $25,000 $105,200
2012 -- $175,700 $35,000 $140,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 253022

High Country Association of REALTORS®

APN: 1844-11-56-9759-00000