NOT LISTED FOR SALE

74 Old Cove Rd Sylva, NC 28779

Estimated Value: $655,000 - $728,000

3 Beds
4 Baths
3,000 Sq Ft
$230/Sq Ft Est. Value

Last Sold June 11, 2024

Last sale price $660,000 $220 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,828/month

2 Days on Market

Highlights

  • Water Views
  • Custom Home
  • Deck
  • RV Access or Parking
  • Open Floorplan
  • Recreation Room

About This Home

As of June 2024

AUTHENTIC "D-LOG" HOME, 3BR/4BA on 1.23 level acres with a magical, bubbling creek bordering one side! This ONCE IN A LIFETIME listing is replete with so many cool amenities to enhance your mountain living experience. 450' of stocked trout stream frontage, viewable from every window & deck on that side of the home! The grounds are level, with a potting shed & greenhouse, 6' chain link fence completely surrounds the home. There are grape vines, Apple, Pear & Peach trees and plenty of room for your garden! This "D-Log" mountain cabin has amazing vaulted & beamed ceilings, a large upper level loft, with a jumbo size bedroom w/ a "dormer" and a bath, a huge activity room, plus a fully equipped Media Room w/Luxury Theatre Seating and killer sound system!! The upper level is cooled and heated via mini-splits and central air cools & heats the loft. The main level has an attractive stone rock gas log fireplace, gorgeous hardwood flooring. The Master/Primary bedroom, and Bedroom #2. along with 3 more baths are on the MAIN level. The master w/ Ensuite has access to the laundry area which is a huge cedar walk-in closet. The kitchen is well appointed adjacent to the deck/stream from the deck

Last Agent to Sell the Property

John Becker

Bald Head Realty Brokerage Phone: 8283690000 License #239686 Listed on: 04/19/2024

Last Buyer's Agent

Board Member Non

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,414

Year Built

  • Built in 1992

Lot Details

  • 1.23 Acre Lot
  • Home fronts a stream
  • Fenced Yard
  • Level Lot

Parking

  • 2 Car Detached Garage
  • 2 Detached Carport Spaces
  • RV Access or Parking

Property Views

  • Water
  • Valley

Home Design

  • Custom Home
  • Log Cabin
  • Metal Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Stone Fireplace
  • Insulated Windows
  • Insulated Doors
  • Living Area on First Floor
  • Formal Dining Room
  • Recreation Room
  • Bonus Room
  • Screened Porch
  • Crawl Space

Kitchen

  • Country Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Soaking Tub
  • Bathtub Includes Tile Surround

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Ductless Heating Or Cooling System
  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Mini Split Heat Pump
  • Heating System Powered By Leased Propane
  • Private Water Source
  • Well
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Deck
  • In Flood Plain

Community Details

  • No Home Owners Association
  • Stream

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 7620100640

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,414

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.23
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Subdivision Name: None
  • Directions: From Franklin NC take Sylva Rd. North 12 miles or so to LEFT on Greens Creek then 3 miles to LEFT on Old Cove Rd. first home on the right.. signs in place
  • Architectural Style: Log, Custom
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Year Built: 1992
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • NAV27_AllowsVacationRentalYN: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Gas/Propane Water Heater, Tankless Water Heater, Dishwasher, Disposal, Exhaust Fan, Microwave, Gas Oven/Range, Refrigerator, Washer, Dryer
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Door Features: Doors-Insulated, Other Doors (See Remarks)
  • Fireplace Features: Gas Log, Stone
  • Fireplace: Yes
  • Flooring: Hardwood, Ceramic Tile
  • Interior Amenities: Bonus Room, Cathedral/Vaulted Ceiling, Ceiling Fan(s), Ceramic Tile Bath, Country Kitchen, Formal Dining Room, Soaking Tub, Large Master Bedroom, Main Level Living, Primary w/Ensuite, Primary on Main Level, Open Floorplan, Pantry, Rec/Game Room, Walk-In Closet(s)
  • Living Area: 3000
  • Main Level Bathrooms: 3
  • Window Features: Insulated Windows, Other Windows (See Remarks)
  • Room Bedroom2 Level: First
  • Room Family Room Level: Second
  • Master Bedroom Master Bedroom Level: First
  • Room Office Level: First
  • Room Bedroom3 Level: Second
  • Dining Room Dining Room Level: First

Exterior Features

  • Fencing: Fenced Yard
  • Lot Features: Allow RVs, Flood Plain, Level, Level Yard, Other-See Remarks
  • View: Long Range View, Valley, View Year Round, Water
  • View: Yes
  • Waterfront Features: Stream/Creek
  • Home Warranty: No
  • Construction Type: Log, Wood Siding
  • Patio And Porch Features: Deck, Porch, Screened Porch/Deck
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Covered Parking Spaces: 4
  • Garage Spaces: 2
  • Parking Features: Garage-Double Detached, Carport-Double Detached

Utilities

  • Laundry Features: First Level
  • Cooling: Central Electric, Heat Pump, Ductless
  • Cooling Y N: Yes
  • Heating: Electric, Propane, Heat Pump, Mini-Split
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Well, Private
  • Gas Company: Propane Tank: Leased
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 53578.8
  • Parcel #: 7620100640

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1413.96
  • Tax Book Number: 2206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Jun 10, 2024
Sold by
Stowell Mary Susan
Bought by
Chokshi Sama S and Chokshi Priya
Seller's Agent
John Becker
Bald Head Realty
Buyer's Agent
Board Member Non
List Price
$649,000
Sold Price
$660,000
Premium/Discount to List
$11,000
1.69%
Views
25
Current Estimated Value
$691,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,011
Avg. Annual Appreciation
3.03%
Original Mortgage
$610,000
Outstanding Balance
$602,509
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$88,502

Purchase Details

Listed on
Jun 16, 2017
Closed on
Jan 20, 2018
Sold by
Yaschik Benjamin
Bought by
Stowell Mary S
Buyer's Agent
Kim Preston
Keller Williams Great Smokies - Sylva
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.74%

Purchase Details

Closed on
Mar 27, 2007
Sold by
Barbee John P
Bought by
Talley Katherine T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chokshi Sama S $660,000 None Listed On Document
Stowell Mary S $325,000 --
Talley Katherine T $296,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chokshi Sama S $610,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/11/2024 06/11/24 Sold $660,000 +1.7% $220 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $649,000 +99.7% $216 / Sq Ft
01/26/2018 01/26/18 Sold $325,000 0.0% $106 / Sq Ft View Prior Sale
12/27/2017 12/27/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $325,000 -- $106 / Sq Ft
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 $2,483 $653,391 $61,230 $592,161
2024 $1,289 $339,200 $49,960 $289,240
2023 $1,289 $339,200 $49,960 $289,240
2022 $1,414 $339,200 $49,960 $289,240
2021 $1,289 $339,200 $49,960 $289,240
2020 $1,181 $288,800 $50,930 $237,870
2019 $1,181 $288,800 $50,930 $237,870
2018 $1,181 $288,800 $50,930 $237,870
2017 $1,153 $288,800 $50,930 $237,870
2015 $1,176 $288,800 $50,930 $237,870
2011 -- $387,870 $68,150 $319,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26036434

APN: 7620-10-0640