NOT LISTED FOR SALE

528 Watershed Way Unit 39 Sylva, NC 28779

Estimated Value: $3,797,068 - $5,356,000

4 Beds
4.5 Baths
5,482 Sq Ft
$807/Sq Ft Est. Value

Last Sold December 03, 2019

Last sale price $2,600,000 $474 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $26,071/month

231 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Clubhouse
  • Equestrian Center
  • Gated Community
  • Private Lot

About This Home

As of December 2019

Designed by award winning local architect, Shawn Leatherwood, this custom home stands alone as a true work of art, right down to the awe-inspiring three-story fireplace, 1,000 bottle walk-in wine cellar, and furniture-grade wood in the built-ins and kitchen cabinetry. This geothermal home is just minutes from the amenities and features a private trail that leads you to the 8th tee box of the Arnold Palmer Signature Golf Course. Or take a stroll to the Ruby Valley Fitness & Wellness Pavilion on the rhododendron trail located behind the exterior water feature in the back yard. This home is a must see!

Last Listed By

Joseph Dellinger

Roots Property Advisors dba Redtree Property Advisors License #262097 Listed on: 02/21/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • Private Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $625 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Arts and Crafts Architecture
  • Stone Siding

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet

Additional Features

  • Equestrian Center
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 7671-09-5290

Community Details

Overview

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

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

HOA Fees

$625 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Arts and Crafts
  • Ratio Close Price By List Price: 0.86957
  • Ratio Close Price By Original Li: 0.86957
  • Ratio Current Price By Acre: 1145374.45
  • Ratio Current Price By Sq Ft: 474.28
  • Year Built: 2008
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished
  • Upper Level Sq Ft: 260
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Double Oven, Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Exhaust Hood, Surround Sound, Trash Compactor, Washer, Freezer, Gas Oven
  • H O A Management Phone: (828) 354-0265
  • Interior Amenities: Built-Ins, Cathedral Ceiling(s), Kitchen Island, Pantry, Walk-In Closet(s), Walk-In Pantry, Wet Bar
  • Laundry Location: Main, Laundry Room
  • Room Count: 4
  • Second Living Quarters: Guest House, Room w/ Private Bath, Separate Entrance
  • Second Living Quarters Hla: 602
  • Sq Ft Additional: 1921
  • Sq Ft Basement: 1807
  • Main Level Sq Ft: 3415
  • Total Sq Ft: 5482
  • Sq Ft Unheated Basement: 564
  • Sq Ft Unheated Total: 564

Exterior Features

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

Garage/Parking

  • Parking: Attached Garage, Driveway, Garage - 2 Car, Garage Door Opener, Golf Cart Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Club House, Equestrian Facilities, Equestrian Trails, Fitness Center, Gated Community, Golf Course, Outdoor Pool, Recreation Area, Security, Tennis Court(s), Walking Trails
  • Association Fee: 7500.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Tina Jones
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Mountain View, Private, Trees, Views, Winter View, Wooded, Year Round View
  • Lot Size Area: 2.270
  • Parcel Number: 7671-09-5290
  • Plat Book Slide: 11/835
  • Zoning Specification: Res

Tax Info

  • Tax Value: 2101200.00
  • Tax Location: Jackson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2019
Closed on
Nov 27, 2019
Sold by
Parker Randy and Parker Claire
Bought by
Berger James and Berger Lisa
Seller's Agent
Joseph Dellinger
Roots Property Advisors dba Redtree Property Advisors
Buyer's Agent
Non Member
Canopy Administration
List Price
$2,990,000
Sold Price
$2,600,000
Premium/Discount to List
-$390,000
-13.04%
Total Days on Market
231
Current Estimated Value
$4,426,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,826,356
Avg. Annual Appreciation
10.27%
Original Mortgage
$1,300,000
Outstanding Balance
$1,140,868
Interest Rate
2.8%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,285,488

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
Berger James $2,600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berger James $1,300,000
Previous Owner Parker Randy $587,000
Previous Owner Parker Randy $800,000
Previous Owner Parker Randy $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2019 12/03/19 Sold $2,600,000 -13.0% $474 / Sq Ft
10/10/2019 10/10/19 Pending -- -- --
02/21/2019 02/21/19 For Sale $2,990,000 -- $545 / 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 $10,874 $2,861,650 $350,000 $2,511,650
2023 $10,999 $2,861,650 $350,000 $2,511,650
2022 $10,874 $2,861,650 $350,000 $2,511,650
2021 $10,874 $2,861,650 $350,000 $2,511,650
2020 $8,069 $2,101,200 $350,000 $1,751,200
2019 $8,069 $2,101,200 $350,000 $1,751,200
2018 $8,069 $2,101,200 $350,000 $1,751,200
2017 $7,858 $2,101,200 $350,000 $1,751,200
2015 $5,637 $2,101,200 $350,000 $1,751,200
2011 -- $1,983,050 $395,000 $1,588,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3477836

Canopy MLS (Canopy Realtor® Association)

APN: 7671-09-5290