NOT LISTED FOR SALE

75 Flat Bottom Rd Sylva, NC 28779

Estimated Value: $475,162 - $756,000

9 Beds
7 Baths
3,283 Sq Ft
$180/Sq Ft Est. Value

Last Sold November 15, 2017

Last sale price $470,000 $143 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,384/month

100 Days on Market

Highlights

  • A-Frame Home
  • Creek On Lot
  • Wood Flooring
  • Private Lot
  • Wooded Lot
  • Fireplace

About This Home

As of November 2017

A chance to own a successful income-producing village with so many options. Live there or continue to increase the revenue that it is already generating. Three cabins on a trout stream, one A-frame duplex. A 2400 sq ft insulated & heated metal building (currently available for rent for $1400 per/mo). RV spot w/water & septic & another possible rental . Income sheet available. See amenities sheet. Owner financing w/27-30% down

Last Agent to Sell the Property

Bruce McGovern

McGovern Property Management, Inc. License #72954 Listed on: 06/27/2017

Last Buyer's Agent

Bruce McGovern

McGovern Property Management, Inc. License #72954 Listed on: 06/27/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2006

Lot Details

  • Home fronts a stream
  • Private Lot
  • Level Lot
  • Wooded Lot
  • Many Trees

Parking

  • Gravel Driveway
  • Shared Driveway

Home Design

  • A-Frame Home
  • Cabin
  • Slab Foundation
  • Vinyl Siding
  • Log Siding

Interior Spaces

  • 7 Full Bathrooms
  • Fireplace
  • Crawl Space

Flooring

  • Wood
  • Tile
  • Vinyl

Outdoor Features

  • Creek On Lot
  • Shed

Utilities

  • Heating System Uses Propane
  • Well
  • Shared Septic

Listing and Financial Details

  • Tenant pays for electricity
  • Rent includes electricity, management fee, sewer, water
  • Assessor Parcel Number 7683-27-2143

Property Details

Home Type

Multi-Family

Year Built

Built in 2006

Lot Details

0

Parking

4

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: A-Frame, Cabin
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.85610
  • Ratio Close Price By Original Li: 0.85610
  • Ratio Current Price By Acre: 134285.71
  • Ratio Current Price By Sq Ft: 143.16
  • Year Built: 2006
  • Property Features: Fireplace, Porch/Patio, Range/Oven, Refrigerator, Second Living Quarters, Shop - Garage, W/D Connection
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Block, Crawl Space, Slab
  • Full Bathrooms: 7
  • Total Bedrooms: 9
  • Equipment: Ceiling Fan(s), Dryer, Dishwasher, Electric Range, Refrigerator, Exhaust Hood, Washer, Electric Oven
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Laundry Location: Main
  • Total Sq Ft: 3283

Exterior Features

  • Construction: Log, Vinyl, Wood
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Shed(s)

Garage/Parking

  • Driveway: Asphalt, Gravel, Shared
  • Parking: Garage - 4+ Car, Parking Space - 4+

Utilities

  • Heating: Gas Hot Air Furnace, Gas Space Heater, Heat Pump - AC, Propane
  • Sewer: Shared Septic
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Scotts Creek
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Waterfront, Level, Paved Frontage, Private, Stream/Creek, Trees, Wooded, Creekfront
  • Lot Size Area: 3.500
  • Parcel Number: 7683-27-2143

Rental Info

  • Rent Includes: Electricity, Management Fee, Sewer, Water
  • Tenant Pays: Electricity

Tax Info

  • Tax Value: 574730.00
  • Tax Amount Ncm: 2442.00
  • Tax Location: Sylva

Multi Family

  • Unit Count: 5
  • Number Of Units Total: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2017
Closed on
Nov 8, 2017
Sold by
Loyer David H and Loyer Betty S
Bought by
Haddad Jamal L
Seller's Agent
Bruce McGovern
McGovern Property Management, Inc.
Buyer's Agent
Bruce McGovern
McGovern Property Management, Inc.
List Price
$549,000
Sold Price
$470,000
Premium/Discount to List
-$79,000
-14.39%
Current Estimated Value
$590,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,291
Avg. Annual Appreciation
2.34%
Original Mortgage
$355,000
Outstanding Balance
$197,242
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$366,728
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Haddad Jamal L $470,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haddad Jamal L $355,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2017 11/15/17 Sold $470,000 -14.4% $143 / Sq Ft
10/05/2017 10/05/17 Pending -- -- --
06/27/2017 06/27/17 For Sale $549,000 -- $167 / 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 $3,047 $801,858 $101,780 $700,078
2024 $1,525 $401,202 $67,700 $333,502
2023 $2,079 $448,460 $67,700 $380,760
2022 $2,079 $448,460 $67,700 $380,760
2021 $1,905 $448,460 $67,700 $380,760
2020 $1,403 $325,100 $37,700 $287,400
2019 $1,403 $325,100 $37,700 $287,400
2018 $1,403 $325,100 $37,700 $287,400
2017 $1,371 $325,100 $37,700 $287,400
2015 $1,451 $331,750 $44,350 $287,400
2011 -- $458,110 $43,860 $414,250
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3295728

Canopy MLS (Canopy Realtor® Association)

APN: 7683-27-2143