$975,000
SOLD MAY 16, 2022

78 E Reach Rd Unit 116 Sylva, NC 28779

3 Beds
2.5 Baths
2,171 Sq Ft
2 Acres

Recently Sold

$449 Per Sq Ft

47 Days on Market

Highlights

  • Building Helipad
  • Golf Course Community
  • Fitness Center
  • Guest House
  • Equestrian Center
  • Clubhouse

About This Home

As of May 2022

Beautiful rustic home in Balsam Mountain Preserve. Remote, yet in close proximity to the amenities and man gate. The additional square footage consists of the following: a basement that is not directly accessible for the main level (unheated - 527 sq ft, heated - 599 sq ft), carport (unheated - 621 sq ft), and deck (screened - 420 sq ft, open - 161 sq ft). Adjacent to the main home, is an accessory dwelling (heated - 320 sq ft, unheated 80 sq ft) with a small kitchenette that sleeps 2 adults, perfect for visiting family or friends. In addition, there is space in the building envelope to the side of the carport available if you want to expand. Balsam Mountain Preserve is a private 4,400 acre club community with 3,200 acres of conservation land and completed amenities featuring golf, equestrian, scenic trails, tennis and dining. 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

Harry Redfearn

Balsam Mountain Real Estate License #86401

Last Buyer's Agent

Harry Redfearn

Balsam Mountain Real Estate License #86401

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,002

Year Built

  • Built in 2008

Lot Details

  • Private Lot
  • Wooded Lot

HOA Fees

  • $1,833 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Cabin
  • Wood Siding
  • Shingle Siding
  • Stone Siding
  • Hardboard

Interior Spaces

  • Wet Bar
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Great Room with Fireplace
  • Screened Porch
  • Basement

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Fireplace in Patio
  • Outdoor Fireplace
  • Fire Pit

Additional Homes

  • Guest House
  • Separate Entry Quarters

Horse Facilities and Amenities

  • Equestrian Center

Utilities

  • Vented Exhaust Fan
  • Heat Pump System
  • Propane Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 7672-33-7172
  • Tax Block PH 2

Community Details

Overview

  • Balsam Mountain Preserve Community Association, Phone Number (828) 354-0265
  • Balsam Mountain Preserve Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area
  • Building Helipad
  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,002

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,833 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 2008
  • Ratio Current Price By Acre: 466507.18
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Special Assessment Description: NA
  • Proposed Special Assessment Desc: NA
  • Second Living Quarters: Exterior Connected,Exterior Not Connected,Guest House,Main Level,Room w/ Private Bath,Separate Entrance,Separate Kitchen Facilities,Separate Living Quarters
  • Road Surface Type: Stone
  • Structure Type: One and a Half Story/Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Outside Entrance
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built Ins, Cathedral Ceiling(s), Vaulted Ceiling, Wet Bar
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 325
  • Lower Level Sq Ft: 600
  • Main Level Sq Ft: 1126
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 145
  • Second Living Quarters Hla: 300
  • Second Living Quarters Sq Ft: 80
  • Porch: Back,Deck,Front,Screened
  • Appliances: Ceiling Fan(s), Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Gas Oven, Gas Range, Microwave, Propane Cooktop, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Great Room, Porch
  • Living Area: 2171
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 1
  • Full Bathrooms: 0
  • Half Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Exterior Features: Fire Pit, Outdoor Fireplace
  • New Construction: No
  • Tax Location: Jackson
  • Construction Type: Site Built
  • Waterfront Features: None
  • Waterfront Elevation: 3000
  • Construction Type: Hardboard Siding, Shingle Siding, Stone, Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Carport - 2 Car, Driveway

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Propane
  • Laundry Features: Main Level
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Equestrian Facilities, Equestrian Trails, Fitness Center, Gated, Golf, Helipad, Outdoor Pool, Picnic Area, Security, Tennis Court(s), Walking Trails
  • Association Fee: 5500
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Association Name: Balsam Mountain Preserve Community Association
  • Phone: 828-354-0265
  • ResoAssociationFeeFrequency: Quarterly

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • HOA Email: tjones@balsammountainca.org

Lot Info

  • Lot Features: Private, Wooded, Winter View, Wooded
  • Lot Size Area: 2.09
  • Lot Size Units: Acres
  • Parcel Number: 7672-33-7172
  • Plat Book Slide: 15/819
  • Plat Reference Section Pages: 15/819
  • Zoning Description: RES

Tax Info

  • Tax Block: PH 2
  • RATIO List Price By Tax Amount: 1.28311

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

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
Total Days on Market
47
Current Estimated Value
$1,243,999

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
8.52%

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

Map

Range of Values:

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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 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

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 $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

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3842907

Canopy MLS (Canopy Realtor® Association)

APN: 7672-33-7172