NOT LISTED FOR SALE

550 Timbuktu Rd Sylva, NC 28779

Estimated Value: $338,000 - $408,000

2 Beds
2 Baths
1,368 Sq Ft
$274/Sq Ft Est. Value

Last Sold June 23, 2021

Last sale price $250,000 $183 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,140/month

55 Days on Market

Highlights

  • RV Access or Parking
  • Private Lot
  • Cathedral Ceiling
  • Open Floorplan
  • Partially Wooded Lot
  • Main Floor Primary Bedroom

About This Home

As of June 2021

Fantastic for a full time residence or second home, with 2 bedrooms, 2 baths and a bonus room. It exudes quintessential, mountain cabin ambience, from the stone fireplace inside to the lovely mountain view and the covered wraparound deck to enjoy it from. Other features include: tongue and groove cathedral ceilings, lots of natural light, large master suite with sitting room, lots of closet space, easy year round access with plenty of parking, and double detached garage. Call to schedule your showing today!! This property will more than likely get multiple offers quickly, that's the state of our market. If you're a serious buyer, it would behoove you to bring your highest and best offer from the start as the seller will be inundated with offers and deciding which to work with. We will not be accepting FHA, VA or USDA loans because they tend to be more problematic.

Last Agent to Sell the Property

Melissa Stillwell

Keller Williams - Great Smokies - Bc Brokerage Phone: 8284885777 License #272416 Listed on: 03/28/2021

Keller Williams - Great Smokies - Bc

Last Buyer's Agent

Board Member Non

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $725

Year Built

  • Built in 2006

Lot Details

  • 0.57 Acre Lot
  • Private Lot
  • Partially Wooded Lot

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • RV Access or Parking

Home Design

  • Cabin
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Stone Fireplace
  • Insulated Doors
  • Living Area on First Floor
  • Crawl Space
  • Property Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Cooling Available
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Shared Well
  • No Water Heater
  • Septic Tank

Community Details

  • Sunset Summit Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7529306074

Home Details

Home Type

Single Family

Est. Annual Taxes

$725

Year Built

Built in 2006

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.57
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Subdivision Name: Sunset Summit
  • Directions: From Sylva, travel 23-S / 74-W. At Exit 81, head right on the ramp for US-23 South / US-441 South toward Atlanta / Dillsboro / Franklin. Take 441S about 6 miles to Bettys Creek Rd. Turn right and take your first right on Greenway Rd. Follow to Timbuktu on your left. Turn and follow road around 2 curves
  • Architectural Style: Cabin
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 2006
  • NAV27_rets_property_type: Residential
  • Special Features: None

Interior Features

  • Appliances: No Water Heater, Dishwasher, Refrigerator, Dryer, Washer, Electric Oven/Range
  • Has Basement: Crawl Space, None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Doors-Insulated/Storm
  • Fireplace Features: Insert, Gas Log, Stone
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s), Kitchen/FR Combo, Primary on Main Level, Breakfast Bar, Large Master Bedroom, Open Floorplan, Main Level Living, Cathedral/Vaulted Ceiling, Primary w/Ensuite
  • Room Bedroom2 Level: First
  • Master Bedroom Master Bedroom Level: Second
  • Room Living Room Area: 245.3333
  • Room Kitchen Area: 150.2222
  • Master Bedroom Master Bedroom Width: 12.0833
  • Room Master Bedroom Area: 301.0764

Exterior Features

  • Lot Features: Private, Allow RVs
  • View: Long Range View, View-Winter
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Porch
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage-Double Detached

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 350
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 24829.2
  • Parcel #: 7529306074
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 725
  • Tax Book Number: 2220

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2021
Closed on
Jun 11, 2021
Sold by
Kanwischer Robert Joseph
Bought by
Nieto Lindsey Marie and Nieto Hernando
Seller's Agent
Melissa Stillwell
Keller Williams - Great Smokies - Bc
Buyer's Agent
Board Member Non
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$382,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,342
Avg. Annual Appreciation
9.19%
Original Mortgage
$200,000
Outstanding Balance
$151,852
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$222,383

Purchase Details

Closed on
Jan 26, 2007
Sold by
Gentes Robert K and Gentes Roberta L
Bought by
Soriano Eugene K and Soriano Elaine

Purchase Details

Closed on
Feb 3, 2005
Sold by
Busbey Frank J
Bought by
Gentes Robert K and Barichak John
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 Buyer Sale Price Title Company
Nieto Lindsey Marie $250,000 None Available
Soriano Eugene K $172,500 --
Gentes Robert K $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nieto Lindsey Marie $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2021 06/23/21 Sold $250,000 0.0% $183 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $250,000 +35.1% $183 / Sq Ft
09/10/2018 09/10/18 Sold $185,000 0.0% $135 / Sq Ft View Prior Sale
08/11/2018 08/11/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $185,000 -- $135 / Sq Ft
Source: Carolina Smokies Association of REALTORS®

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 $1,472 $387,357 $37,710 $349,647
2024 $786 $206,790 $23,510 $183,280
2023 $911 $206,790 $23,510 $183,280
2022 $911 $206,790 $23,510 $183,280
2021 $786 $206,790 $23,510 $183,280
2020 $726 $168,870 $12,720 $156,150
2019 $726 $168,870 $12,720 $156,150
2018 $726 $168,870 $12,720 $156,150
2017 $709 $168,870 $12,720 $156,150
2015 $583 $168,870 $12,720 $156,150
2011 -- $178,370 $27,710 $150,660
Source: Public Records

Agents Affiliated with this Home

  • Melissa Stillwell

    Seller's Agent in 2021

    Melissa Stillwell

    Keller Williams - Great Smokies - Bc

    (828) 508-9044

    34 in this area

    109 Total Sales

    Melissa Stillwell
    Section Image

  • B

    Buyer's Agent in 2021

    Board Member Non

  • K

    Seller's Agent in 2018

    Kenna Faber

    Kenna Faber Real Estate

    (828) 331-9807

    2 in this area

    80 Total Sales

    Kenna Faber
    Section Image
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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26019013

APN: 7529-30-0764

North Carolina Jackson County Sylva 28779

550 Timbuktu Rd, Sylva, NC

Not Listed for Sale

Detached

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