$633,000
SOLD MAR 15, 2021

78 E Reach Rd Unit 116 Sylva, NC 28779

3 Beds
2.5 Baths
1,271 Sq Ft
2.09 Acres

Recently Sold

$498 Per Sq Ft

4% Below List Price

1,030 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Private Lot
  • Equestrian Center
  • Gated Community
  • Wooded Lot

About This Home

As of May 2022

Beautiful, rustic home in Balsam Mountain Preserve. Remote, yet close in proximity to the amenities and main gate. The additional square footage consists of the following: a basement that is not directly accessible from the main level (unheated - 527 sq. ft., heated - 599 sq. ft.), carport - 621 sq. ft., and deck (screened - 420 sq. ft., unscreened - 161 sq. ft.). Adjacent to the main home, is an accessory dwelling (heated - 320 sq. ft.) with small kitchenette that sleeps 2 adults, perfect for visiting family or friends. In addition, there is an additional building envelope to the right of the covered carport if you wanted to expand. Balsam Mountain Preserve is a 4,400 acre club community with 3,400 acres of conservation land and completed amenities. The stunning new facilities at Doubletop Village, including the Summit House Restaurant and Mine Tavern, are now open to members and their guests.

Last Agent to Sell the Property

Joseph Dellinger

Roots Property Advisors dba Redtree Property Advisors License #262097 Listed on: 04/18/2018

Last Buyer's Agent

Joseph Dellinger

Roots Property Advisors dba Redtree Property Advisors License #262097 Listed on: 04/18/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • Private Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $433 Monthly HOA Fees

Home Design

  • Cabin
  • Stone Siding

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • Fireplace

Flooring

  • Wood
  • Tile

Outdoor Features

  • Outdoor Fireplace
  • Fire Pit

Additional Features

  • Equestrian Center
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 7672-33-7172

Community Details

Recreation

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

Additional Features

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

HOA Fees

$433 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Cabin
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.96055
  • Ratio Close Price By Original Li: 0.96055
  • Ratio Current Price By Acre: 302870.81
  • Ratio Current Price By Sq Ft: 498.03
  • Year Built: 2008
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Outside Entrance
  • Upper Level Sq Ft: 145
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Gas Oven, Gas Range, Microwave, Propane, Refrigerator, Washer
  • Fireplace Description: Great Room, Porch
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-Ins, Cathedral Ceiling(s), Vaulted Ceiling, Wet Bar
  • Laundry Location: Main
  • Room Count: 4
  • Second Living Quarters: Exterior Connected, Exterior Not Connected, Guest House, Main Level, Room w/ Private Bath, Separate Entrance, Separate Kitchen Facilities
  • Second Living Quarters Hla: 300
  • Second Living Quarters Sq Ft: 80
  • Sq Ft Additional: 2328
  • Main Level Sq Ft: 1126
  • Total Sq Ft: 1271

Exterior Features

  • Construction: Hardboard Siding, Shingle, Stone, Wood
  • Construction Type: Site Built
  • Exterior Features: Fire pit, Outdoor Fireplace

Garage/Parking

  • Driveway: Stone
  • Parking: Carport - 2 Car, Driveway

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Propane

Condo/Co-op/Association

  • Community Features: Equestrian Facilities, Equestrian Trails, Fitness Center, Gated Community, Golf Course, Outdoor Pool, Recreation Area, Security, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 5200.00
  • 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: Private, Trees, Winter View, Wooded
  • Lot Size Area: 2.090
  • Parcel Number: 7672-33-7172
  • Plat Book Slide: 15/819
  • Zoning Specification: Res

Tax Info

  • Tax Value: 772040.00
  • Tax Location: Jackson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2022
Sold by
Trotter David B and Trotter Mary Kimberly
Bought by
Rad Reach Llc
Current Estimated Value
$1,215,279

Purchase Details

Closed on
Sep 27, 2022
Sold by
Bmp Real Estate Holdings Llc
Bought by
Bmp David Southworth Real Estate Holdings Llc

Purchase Details

Listed on
Mar 30, 2022
Closed on
May 10, 2022
Sold by
Virginia A Taylor Revocable Trust
Bought by
Trotter David B and Trotter Mary Kimberly
Seller's Agent
Harry Redfearn
Balsam Mountain Real Estate
Buyer's Agent
Harry Redfearn
Balsam Mountain Real Estate
List Price
$975,000
Sold Price
$975,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.90%

Purchase Details

Listed on
Apr 18, 2018
Closed on
Mar 11, 2021
Sold by
Wikle Cathleen E
Bought by
Taylor Virginia A and Taylor Jay R
Seller's Agent
Joseph Dellinger
Roots Property Advisors dba Redtree Property Advisors
Buyer's Agent
Joseph Dellinger
Roots Property Advisors dba Redtree Property Advisors
List Price
$659,000
Sold Price
$633,000
Premium/Discount to List
-$26,000
-3.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.66%

Purchase Details

Closed on
Nov 15, 2013
Sold by
Wikle Charles and Wikle Cathleen E
Bought by
Wikle Cathleen E and Cathleen E Wikle Revocable Trust

Purchase Details

Closed on
Jan 16, 2007
Sold by
Balsam Mountain Preserve Llc
Bought by
Wikle Charles and Wikle Cathleen
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 Type Sale Price Title Company
Warranty Deed $1,005,000 --
Warranty Deed $8,766,500 --
Warranty Deed $975,000 None Listed On Document
Warranty Deed $633,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $361,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $407,000 New Conventional
Previous Owner $620,000 New Conventional
Previous Owner $618,312 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Sold $975,000 0.0% $449 / Sq Ft
03/30/2022 03/30/22 For Sale $975,000 +54.0% $449 / Sq Ft
03/15/2021 03/15/21 Sold $633,000 -3.9% $498 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
01/08/2020 01/08/20 For Sale $659,000 +4.1% $518 / Sq Ft
12/31/2019 12/31/19 Off Market $633,000 -- --
01/31/2019 01/31/19 For Sale $659,000 +4.1% $518 / Sq Ft
12/07/2018 12/07/18 Off Market $633,000 -- --
04/18/2018 04/18/18 For Sale $659,000 -- $518 / 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 $4,533 $1,192,776 $150,000 $1,042,776
2024 $3,002 $790,030 $150,000 $640,030
2023 $3,127 $790,030 $150,000 $640,030
2022 $3,013 $759,870 $150,000 $609,870
2021 $2,833 $759,870 $150,000 $609,870
2020 $3,018 $772,040 $200,000 $572,040
2019 $3,018 $772,040 $200,000 $572,040
2018 $3,018 $772,040 $200,000 $572,040
2017 $2,941 $772,040 $200,000 $572,040
2015 $3,339 $772,040 $200,000 $572,040
2011 -- $1,162,570 $380,000 $782,570
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3382316

Canopy MLS (Canopy Realtor® Association)

APN: 7672-33-7172