NOT LISTED FOR SALE

787 E Spark Chaser Rd Unit 16 Sylva, NC 28779

Estimated Value: $3,119,935 - $3,491,000

4 Beds
6 Baths
5,475 Sq Ft
$593/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $2,600,000 $475 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $19,046/month

240 Days on Market

Highlights

  • Building Helipad
  • Equestrian Center
  • Mountain View
  • Golf Course Community
  • Fitness Center
  • Clubhouse

About This Home

As of May 2022

Hand-crafted, rustic southern elegance describe the elements to welcome you to your incredible Al Platt custom designed home. Reclaimed wood, granite, and five fireplaces all locally sourced materials offer a sense of heritage into this beautiful space. Abundant windows provide natural light creating a bright and airy feel throughout. The open kitchen and keeping room suite are ideal to gather and entertain. The main level suite features a spa-like bath and two walk-in closets. The lower level, accessible by stairway or elevator, has a large family room, kitchenette, and three guest suites. Year-round outdoor living with two oversized heated, screened porches, flagstone courtyard, oversized fire pit, and fenced in yard. Nestled on close to 2 acres and surrounded by conservation land to assure your privacy will never be disturbed yet minutes away to all the amenities. Balsam Mountain Preserve is a gated, private 4,400 acre club community with 3,200 acres of conservation land.

Last Listed By

Harry Redfearn

Balsam Mountain Real Estate Brokerage Email: harry@pmclifestyle.com License #86401 Listed on: 07/28/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,198

Year Built

  • Built in 2010

Lot Details

  • 1.92 Acre Lot
  • Fenced
  • Private Lot
  • Paved or Partially Paved Lot
  • Sloped Lot
  • Wooded Lot

HOA Fees

  • $458 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Detached Carport Space
  • Basement Garage
  • Garage Door Opener
  • Circular Driveway
  • 4 Open Parking Spaces

Home Design

  • Arts and Crafts Architecture
  • Slab Foundation
  • Spray Foam Insulation
  • Metal Roof
  • Wood Siding
  • Metal Siding
  • Stone Siding
  • Recycled Construction Materials

Interior Spaces

  • 1-Story Property
  • Wired For Data
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Insulated Windows
  • Window Treatments
  • Pocket Doors
  • Living Room with Fireplace
  • Screened Porch
  • Keeping Room with Fireplace
  • Mountain Views
  • Home Security System

Kitchen

  • Breakfast Bar
  • Double Self-Cleaning Convection Oven
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Warming Drawer
  • Microwave
  • ENERGY STAR Qualified Freezer
  • ENERGY STAR Qualified Refrigerator
  • Freezer
  • Plumbed For Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dual Flush Toilets

Laundry

  • Laundry Room
  • ENERGY STAR Qualified Dryer
  • Dryer
  • ENERGY STAR Qualified Washer

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Accessible Home Design

  • Accessible Elevator Installed
  • Roll-in Shower
  • Grab Bar In Bathroom
  • Halls are 36 inches wide or more
  • Doors with lever handles
  • Doors are 32 inches wide or more
  • No Interior Steps
  • Entry Slope Less Than 1 Foot
  • Raised Toilet
  • Flooring Modification

Eco-Friendly Details

  • Fresh Air Ventilation System

Outdoor Features

  • Deck
  • Fireplace in Patio
  • Patio
  • Terrace
  • Fire Pit

Schools

  • Scotts Creek Elementary And Middle School
  • Smoky Mountain High School

Horse Facilities and Amenities

  • Equestrian Center
  • Riding Trail

Utilities

  • Zoned Heating and Cooling
  • Vented Exhaust Fan
  • Geothermal Heating and Cooling
  • Power Generator
  • Propane
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 7672-11-0332
  • Tax Block PH 1

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

$7,198

Year Built

Built in 2010

Lot Details

0

HOA Fees

$458 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts
  • Year Built: 2010
  • 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
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 474.89
  • Bedroom Lower: 3
  • Attribution Contact: harry@pmclifestyle.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab, Other - See Remarks
  • Fireplace: Yes
  • Flooring: Carpet, Concrete, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Built-in Features, Cable Prewire, Elevator, Kitchen Island, Pantry, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 2709
  • Main Level Sq Ft: 2766
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 416
  • Sq Ft Unheated Main: 416
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 832
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Convection Oven, Dishwasher, Disposal, Double Oven, Dryer, Dual Flush Toilets, Electric Cooktop, Electric Oven, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, Exhaust Fan, Exhaust Hood, Freezer, Gas Water Heater, Microwave, Plumbed For Ice Maker, Self Cleaning Oven, Warming Drawer, Wine Refrigerator
  • Other Equipment: Generator
  • Above Grade Finished Sq Ft: 5475
  • Accessibility Features: Bath Grab Bars, Bath Raised Toilet, Roll-In Shower, Door Width 32 Inches or More, Lever Door Handles, Elevator, Entry Slope less than 1 foot, Hall Width 36 Inches or More, Mobility Friendly Flooring, No Interior Steps, Thresholds 5/8 Inches, Zero-Grade Entry, Other - See Remarks
  • Has Basement: Basement, Exterior Entry, Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Pocket Doors
  • Fireplace Features: Den, Fire Pit, Gas Starter, Gas Vented, Keeping Room, Living Room, Porch, Primary Bedroom, Propane, Wood Burning
  • Living Area: 5475
  • Window Features: Insulated Window(s), Window Treatments
  • Bedroom Main: 1
  • Room Count: 17
  • Sq Ft Other: 0

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Shingle, Metal
  • Construction Type: Site Built
  • Fencing: Fenced
  • View: Mountain(s), Winter
  • Waterfront Elevation: 3000
  • Construction Type: Metal, Shingle/Shake, Stone, Wood
  • Patio And Porch Features: Deck, Patio, Rear Porch, Screened, Terrace

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 579
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Carport, Circular Driveway, Driveway, Attached Garage, Garage Door Opener, Parking Space(s)

Utilities

  • Heating: Central, ENERGY STAR Qualified Equipment, Fresh Air Ventilation, Geothermal, Radiant Floor, Zoned
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level
  • Security: Carbon Monoxide Detector(s), Security Service, Security System
  • Cooling: Attic Fan, Ceiling Fan(s), Zoned
  • Utilities: Propane, Underground Power Lines, Wired Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated, Golf, Helipad, Outdoor Pool, Picnic Area, Tennis Court(s), Walking Trails
  • Association Fee: 5500
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Balsam Mountain Preserve Community Association
  • Phone: 828-354-0265
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually
  • Association Email: tjones@balsammountain.com

Association/Amenities

  • Association Annual Expense: 5500.00

Schools

  • Middle Or Junior School: Scotts Creek
  • HOA Subject To: Required

Lot Info

  • Lot Features: Paved, Private, Sloped, Wooded, Views
  • Lot Size Area: 1.923
  • Lot Size Units: Acres
  • Parcel Number: 7672-11-0332
  • Zoning: RES
  • Plat Book Slide: 16/309
  • Plat Reference Section Pages: 16/309
  • Horse Amenities: Equestrian Facilities, Riding Trail
  • Lot Size Acres: 1.923
  • Lot Size Sq Ft: 83765
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

Green Features

  • Green Sustainability: Recycled Materials, Salvaged Materials, Spray Foam Insulation
  • Green Verification Count: 1

Tax Info

  • Tax Block: PH 1

MLS Schools

  • Elementary School: Scotts Creek
  • High School: Smoky Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
May 7, 2022
Sold by
Arbaugh Lawrence G and Arbaugh Mary
Bought by
Taylor Family Nc Llc
Seller's Agent
Harry Redfearn
Balsam Mountain Real Estate
Buyer's Agent
Harry Redfearn
Balsam Mountain Real Estate
List Price
$2,775,000
Sold Price
$2,600,000
Premium/Discount to List
-$175,000
-6.31%
Total Days on Market
240
Current Estimated Value
$3,244,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$644,484
Avg. Annual Appreciation
7.69%

Purchase Details

Closed on
Apr 27, 2007
Sold by
Balsam Mountain Preserve Llc
Bought by
Arbaugh Lawrence G and Arbaugh Mary B

Range of Values:

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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
Taylor Family Nc Llc $2,600,000 Ann Hines Davis Pllc
Arbaugh Lawrence G $519,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mary B Arbaugh Ret $1,652,000
Previous Owner Arbaugh Lawrence G $1,968,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $2,600,000 -6.3% $475 / Sq Ft
07/28/2021 07/28/21 For Sale $2,775,000 -- $507 / 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
2024 $7,198 $1,894,170 $350,000 $1,544,170
2023 $7,338 $1,894,170 $350,000 $1,544,170
2022 $6,782 $1,747,810 $350,000 $1,397,810
2021 $6,413 $1,747,810 $350,000 $1,397,810
2020 $6,417 $1,661,170 $350,000 $1,311,170
2019 $6,417 $1,661,170 $350,000 $1,311,170
2018 $6,417 $1,661,170 $350,000 $1,311,170
2017 $6,251 $1,661,170 $350,000 $1,311,170
2015 $6,522 $1,761,170 $450,000 $1,311,170
2011 -- $2,291,910 $550,000 $1,741,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3765171

Canopy MLS (Canopy Realtor® Association)

APN: 7672-11-0332