NOT LISTED FOR SALE

471 Old Balsam Rd Waynesville, NC 28786

Estimated Value: $309,000 - $402,000

3 Beds
2 Baths
1,701 Sq Ft
$201/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $255,000 $150 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,867/month

10 Days on Market

Highlights

  • Contemporary Architecture
  • Fireplace
  • Home fronts a stream
  • Creek On Lot

About This Home

As of November 2021

Investor Opportunity! Minutes to Foliage, Barbery Orchards & Blue Ridge Parkway!
Very close to shopping.

Next to Richland Creek (can hear rushing water from the porch after heavy rains, creek is often seen being fished).

Mountain views in the winter
Approx. .95 acre property with outdoor living spaces and lots of storage.

Unfinished approx. 1500 sq ft walk-in basement great for storage or a future workshop

3 outdoor living spaces: uncovered front porch, covered front porch, and rear covered porch.

Last Agent to Sell the Property

Daniel Demers

Sell Your Home Services License #120789 Listed on: 08/16/2021

Last Buyer's Agent

Tohi Lucas

RE/MAX Executive License #322922

RE/MAX Executive

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 0.95

Parking

  • Gravel Driveway

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Laminate Flooring
  • Oven

Additional Features

  • Creek On Lot
  • Home fronts a stream
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 8604-56-0010

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Contemporary
  • Ratio Close Price By List Price: 0.96226
  • Ratio Close Price By Original Li: 0.96226
  • Ratio Current Price By Acre: 268421.05
  • Ratio Current Price By Sq Ft: 149.91
  • Year Built: 1984
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Convection Oven, Dishwasher, Dryer, Electric Dryer Hookup, Electric Range, Exhaust Hood, Microwave, Oven, Refrigerator, Washer
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Laminate Wood
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1701
  • Total Sq Ft: 1701

Exterior Features

  • Construction: Brick Partial
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 1 Car, Driveway

Utilities

  • Heating: Oil Floor Furnace
  • Sewer: Septic Installed
  • Water: Shared Well
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Creekfront, Mountain View, Stream/Creek, Views
  • Lot Size Area: 0.950
  • Parcel Number: 8604-56-0010
  • Zoning Specification: SW-ND

Tax Info

  • Tax Value: 124600.00
  • Tax Location: Waynesville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2021
Closed on
Oct 29, 2021
Sold by
Durbin John
Bought by
Walter Kevin M and Walter Karen D
Seller's Agent
Daniel Demers
Sell Your Home Services
Buyer's Agent
Tohi Lucas
RE/MAX Executive
List Price
$265,000
Sold Price
$255,000
Premium/Discount to List
-$10,000
-3.77%
Current Estimated Value
$342,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,379
Avg. Annual Appreciation
7.68%
Original Mortgage
$200,000
Outstanding Balance
$182,984
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$159,395

Purchase Details

Closed on
Dec 22, 2017
Sold by
Weaver Joel R
Bought by
Rogers John Henry and Rogers Ruby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2017
Sold by
Rogers John Henry and Rogers Ruby
Bought by
Durbin John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Walter Kevin M $255,000 None Available
Rogers John Henry -- None Available
Durbin John $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walter Kevin M $200,000
Previous Owner Durbin John $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2021 11/05/21 Sold $255,000 -3.8% $150 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
08/16/2021 08/16/21 For Sale $265,000 -- $156 / 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
2025 -- $170,200 $34,200 $136,000
2024 $854 $170,200 $34,200 $136,000
2023 $1,180 $170,200 $34,200 $136,000
2022 $1,155 $170,200 $34,200 $136,000
2021 $1,155 $170,200 $34,200 $136,000
2020 $950 $124,600 $34,200 $90,400
2019 $955 $124,600 $34,200 $90,400
2018 $0 $124,600 $34,200 $90,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3774496

Canopy MLS (Canopy Realtor® Association)

APN: 8604-56-0010