NOT LISTED FOR SALE

761 Fern Gap Rd Unit 153 Sylva, NC 28779

Estimated Value: $2,056,000 - $3,598,888

2.77 Acres
$1,112,983 Price per Acre
120,661 Sq Ft Lot

Last Sold July 25, 2018

Last sale price $335,000

Est. 775% increase in value since last sale

Current estimated payment $17,403/month

721 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Wooded Lot
  • Equestrian Center
  • Clubhouse
  • Community Pool

About This Lot

As of July 2018

I can see for miles and miles... Large, high elevation homesiite with easy build site and incredible views of both Sugarloaf Mountain and layered westerly views that expand from North to South. Balsam Mountain Preserve is a private 4,400 acre club community with 3,400 acres of conservation land and completed amenities featuring golf, equestrian, scenic trails, tennis and dining.

Last Agent to Sell the Property

Joseph Dellinger

Roots Property Advisors dba Redtree Property Advisors License #262097 Listed on: 07/12/2016

Last Buyer's Agent

Lori Philips

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #178854

Property Details

Property Type

  • Land

Lot Details

HOA Fees

  • $625 Monthly HOA Fees

Additional Features

  • Wooded Lot
  • Equestrian Center
  • Well

Listing and Financial Details

  • Assessor Parcel Number 7671-65-5840

Community Details

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$625 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.83960
  • Ratio Close Price By Original Li: 0.78824
  • Ratio Current Price By Acre: 120938.63
  • Restrictions: Architectural Review, Square Feet
  • Special Features: None

Utilities

  • Sewer: Septic Tank
  • Water: Well

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Features: Wooded
  • Lot Size Area: 2.770
  • Parcel Number: 7671-65-5840
  • Zoning: Residential
  • Zoning Specification: RES
  • Plat Book Slide: 12/516

Tax Info

  • Tax Value: 660000.00
  • Tax Amount Ncm: 1848.00
  • Tax Location: Jackson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2016
Closed on
Jul 23, 2018
Sold by
Shinn Robert L and Shinn Jane R
Bought by
Carroll Douglas W and Lee-Jevesavar Karen
Seller's Agent
Joseph Dellinger
Roots Property Advisors dba Redtree Property Advisors
Buyer's Agent
Lori Philips
Walnut Cove Realty/Allen Tate/Beverly-Hanks
List Price
$425,000
Sold Price
$335,000
Premium/Discount to List
-$90,000
-21.18%
Current Estimated Value
$2,931,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,596,491
Avg. Annual Appreciation
37.06%

Purchase Details

Closed on
Nov 15, 2007
Sold by
Amick Holdings Inc
Bought by
Shinn Robert L and Shinn Jane R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$668,325
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage
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
Carroll Douglas W $335,000 --
Shinn Robert L $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carroll Doug W $1,135,310
Previous Owner Shinn Robert L $668,325
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2018 07/25/18 Sold $335,000 -21.2% --
07/03/2018 07/03/18 Pending -- -- --
07/12/2016 07/12/16 For Sale $425,000 -- --
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 $7,060 $1,857,930 $350,000 $1,507,930
2023 $7,060 $1,857,930 $350,000 $1,507,930
2022 $7,060 $1,857,930 $350,000 $1,507,930
2021 $4,988 $1,312,690 $350,000 $962,690
2020 $1,140 $300,000 $300,000 $0
2019 $1,140 $300,000 $300,000 $0
2018 $1,140 $300,000 $300,000 $0
2017 $1,110 $300,000 $300,000 $0
2015 $1,848 $300,000 $300,000 $0
2011 -- $660,000 $660,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3188615

Canopy MLS (Canopy Realtor® Association)

APN: 7671-65-5840