Estimated Value: $3,174,000 - $3,561,000
4
Beds
4
Baths
5,533
Sq Ft
$602/Sq Ft
Est. Value
Highlights
- Building Helipad
- Community Stables
- Open Floorplan
- Golf Course Community
- Fitness Center
- Clubhouse
About This Home
As of December 2023This beautiful custom home has some of the most incredible views anywhere in Western North Carolina, including both short and long-range views into the Smokies. You will feel extremely private as there are no other homes anywhere in your vista and you are completely surrounded by Balsam’s conservation easement. With an elevation of 4,500’, imagine enjoying a fire with friends and family on the gorgeous, covered porch in the middle of August while watching another epic sunset. This home is perfect for entertaining with all of the manicured outdoor spaces, multiple living rooms, generous bedrooms and easy parking for your guests. Some notable features include an elevator, surround sound system, whole house generator, and beautiful woodwork throughout the home. Balsam Mountain Preserve is a private 4,400 acre club community with 3,200 acres of conservation land and amenities featuring golf, equestrian, scenic trails, tennis and dining at the Summit House Restaurant and Mine Tavern.
Last Listed By
BMP David Sothworth Real Estate LLC Brokerage Phone: 828-388-8633 License #257962 Listed on: 06/15/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,633
Year Built
- Built in 2011
Lot Details
- 1.84
HOA Fees
- $558 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 3 Open Parking Spaces
Home Design
- Arts and Crafts Architecture
- Wood Siding
Interior Spaces
- 2-Story Property
- Open Floorplan
- Ceiling Fan
- Wood Burning Fireplace
- Family Room with Fireplace
- Living Room with Fireplace
- Crawl Space
- Kitchen Island
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- 4 Full Bathrooms
Schools
- Scotts Creek Elementary And Middle School
- Smoky Mountain High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Propane
- Septic Tank
Additional Features
- Accessible Elevator Installed
- Fire Pit
- Private Lot
Listing and Financial Details
- Assessor Parcel Number 7671-64-2107
Community Details
Overview
- Balsam Mountain Preserve Community Association, Phone Number (828) 354-0265
- Balsam Mountain Preserve Subdivision
- Mandatory home owners association
Amenities
- Picnic Area
- Building Helipad
- Clubhouse
Recreation
- Golf Course Community
- Tennis Courts
- Fitness Center
- Community Pool
- Putting Green
- Community Stables
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 15, 2023
Closed on
Dec 7, 2023
Sold by
Luebbert Steven Francis and Luebbert Andrea Elaine
Bought by
Thomas Karen and Brobst Richard
Seller's Agent
Sean McLaughlin
BMP David Sothworth Real Estate LLC
Buyer's Agent
Sean McLaughlin
BMP David Sothworth Real Estate LLC
List Price
$3,495,000
Sold Price
$3,067,500
Premium/Discount to List
-$427,500
-12.23%
Total Days on Market
111
Views
162
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,990
Avg. Annual Appreciation
5.96%
Original Mortgage
$1,550,000
Outstanding Balance
$1,527,723
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$1,802,767
Purchase Details
Closed on
Oct 20, 2021
Sold by
Burnett Jack W and Burnett Sandra
Bought by
Luebbert Steven Francis and Luebbert Andrea Elainc
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Similar Homes in Sylva, NC
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Thomas Karen | $3,067,500 | None Listed On Document | |
| Luebbert Steven Francis | $2,575,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Thomas Karen | $1,550,000 | |
| Previous Owner | Burnett Jack W | $1,405,300 | |
| Previous Owner | Barnett Jackson W | $1,391,600 | |
| Previous Owner | Burnett Jackson W | $1,801,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/08/2023 12/08/23 | Sold | $3,067,500 | -12.2% | $554 / Sq Ft |
| 06/15/2023 06/15/23 | For Sale | $3,495,000 | -- | $632 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $7,633 | $2,008,740 | $400,000 | $1,608,740 |
| 2023 | $7,773 | $2,008,740 | $400,000 | $1,608,740 |
| 2022 | $7,773 | $2,008,740 | $400,000 | $1,608,740 |
| 2021 | $7,328 | $2,008,740 | $400,000 | $1,608,740 |
| 2020 | $7,056 | $1,834,750 | $400,000 | $1,434,750 |
| 2019 | $7,056 | $1,834,750 | $400,000 | $1,434,750 |
| 2018 | $7,056 | $1,834,750 | $400,000 | $1,434,750 |
| 2017 | $6,873 | $1,834,750 | $400,000 | $1,434,750 |
| 2015 | $7,071 | $1,884,750 | $450,000 | $1,434,750 |
| 2011 | -- | $685,000 | $685,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sean McLaughlin
Seller's Agent in 2023
Sean McLaughlin
BMP David Sothworth Real Estate LLC
(828) 318-8801
45 in this area
49 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4038823
APN: 7671-64-2107
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