NOT LISTED FOR SALE

555 W Main St Sylva, NC 28779

Estimated Value: $772,284

2 Beds
1 Bath
-- Sq Ft
0.48 Acres

Highlights

  • Cooling Available
  • Heat Pump System
  • 4-minute walk to Charles E. Poteet Park
  • Combination Dining and Living Room

About This Home

As of October 2024

Fully renovated cottage in Downtown Sylva on the grounds of Martha's Place Event Center. 2 bedrooms and 1 full bath with modern kitchen appliances and washer/dryer. Mini Split heat and air, ceiling fans and fresh paint. Optimum cable internet and WIFI available. Call for details

Last Agent to Rent the Property

Mark Bryant

Nc Mountain Real Estate Brokerage Phone: 8284774344 License #292711 Listed on: 10/03/2024

Last Renter's Agent

Mark Bryant

Nc Mountain Real Estate Brokerage Phone: 8284774344 License #292711 Listed on: 10/03/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,586

Year Built

  • Built in 1931

Lot Details

  • 0.48

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Open Parking

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • Combination Dining and Living Room
  • City Lot

Listing and Financial Details

  • Property Available on 10/3/24
  • Tenant pays for electricity, water, sewer, cable TV

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,586

Year Built

Built in 1931

Lot Details

0

Rental Info

  • Lease Term: Long Term Lease,12 Months
  • Tenant Pays: Electricity, Water, Sewer, Cable TV
  • Available Date: 2024-10-03

Listing Details

  • Property Sub Type: Single Family Residence,Residential Long Term
  • Prop. Type: Residential Lease
  • Business Type: Professional/Office, Residential, Retail
  • Subdivision Name: No
  • Directions: Navigate to 553 W Main Street. Cottage is beside Martha's place.
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1931
  • NAV27_rets_property_type: Residential Lease
  • Attribution Contact: 8284774344
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range Electric, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Doors at Dock Height (None)
  • Dining Room Features: Lvg/Dng Combo

Exterior Features

  • Lot Features: Less than .25 acre, City Lot

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: No Garage/Carport

Utilities

  • Laundry Features: Main
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Water Connected

Condo/Co-op/Association

  • Community Features: None
  • Pets Allowed: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2024
Sold by
Mcguire Estate Llc
Bought by
Gl Mountain Properties Llc
Current Estimated Value
$772,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Outstanding Balance
$538,343
Interest Rate
6.95%
Mortgage Type
Construction
Estimated Equity
$233,941

Purchase Details

Closed on
Dec 14, 2012
Sold by
Macon Bank Inc
Bought by
Curretn Medical Center Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
3.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 29, 2012
Sold by
Lorenz James D and Lorenz Marijo
Bought by
Macon Bank Inc

Purchase Details

Closed on
May 24, 2007
Sold by
Berkow Kim and Berkow Allen
Bought by
Lorenz James D and Lorenz Marijo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.16%
Mortgage Type
Commercial
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
Gl Mountain Properties Llc $690,000 None Listed On Document
Curretn Medical Center Llc $375,000 None Available
Macon Bank Inc $507,188 None Available
Lorenz James D $625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gl Mountain Properties Llc $560,000
Previous Owner Curretn Medical Center Llc $337,500
Previous Owner Lorenz James D $500,000
Previous Owner Lorenz James D $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2024 10/13/24 Rented $1,650 0.0% --
10/10/2024 10/10/24 Under Contract -- -- --
10/03/2024 10/03/24 For Rent $1,650 -- --
Source: Carolina Smokies 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
2025 $2,586 $680,474 $255,360 $425,114
2024 $1,982 $521,620 $136,800 $384,820
2023 $1,982 $521,620 $136,800 $384,820
2022 $2,293 $521,620 $136,800 $384,820
2021 $1,982 $521,620 $136,800 $384,820
2020 $1,626 $376,870 $123,120 $253,750
2019 $2,295 $562,090 $246,240 $315,850
2018 $2,295 $562,090 $246,240 $315,850
2017 $2,239 $562,090 $246,240 $315,850
2015 $1,820 $562,090 $246,240 $315,850
2011 -- $631,290 $246,240 $385,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26038005

APN: 7641-17-4453