NOT LISTED FOR SALE

85 Back Bone Way Sylva, NC 28779

Estimated Value: $514,000 - $2,069,000

3 Beds
5 Baths
2,719 Sq Ft
$551/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $1,050,000 $386 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $9,180/month

444 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Open Floorplan
  • Equestrian Center
  • Gated Community
  • Clubhouse

About This Home

As of November 2020

Balsam Mountain Preserve Home sits on the top of the Mountain enjoying east & west long range views. You are dazzled the moment you enter by a cozy yet tasteful decor. Wood floors, walls and ceilings set the stage for this comforting hideaway. The enjoyment you feel when waking to the beauty of the mountains will continue all day long until you are captivated by the beautiful sunsets. The many features include an outside entrance off the breezeway for a very private office with a 1/2 bath, Radiant floors offer another level of warmth in the lower level. There is a variety of sitting and contemplation spots on the covered porches. Separate Guest Room has its own heat pump and and entrance and half bath. If it is an outside adventure that you desire, there are miles of hiking from your front door or go on a high elevation trail to Doubletop Mountain. Balsam Mountain Trust offers activities for all ages and camps for the young ones during the summer months.Sq. ft. from Architectural plan

Last Listed By

Barbara Huse

Balsam Team License #233443 Listed on: 07/10/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • Front Green Space
  • Private Lot

HOA Fees

  • $517 Monthly HOA Fees

Parking

  • Attached Garage
  • Gravel Driveway

Home Design

  • Rustic Architecture
  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Fireplace
  • Insulated Windows
  • Window Treatments
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Horse Facilities and Amenities

  • Equestrian Center

Utilities

  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 7682-00-3309

Community Details

Overview

  • Association Phone (828) 354-0265

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$517 per month

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Rustic
  • Ratio Close Price By List Price: 0.88608
  • Ratio Close Price By Original Li: 0.81081
  • Ratio Current Price By Acre: 636363.64
  • Ratio Current Price By Sq Ft: 386.17
  • Year Built: 2007
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Partially Finished, Slab
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5.00
  • Total Bedrooms: 3
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Convection Oven, Dishwasher, Disposal, Dryer, g-Energy Star® Clothes Washer, Exhaust Fan, Gas Oven, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Fireplace Description: Living Room, Porch, Wood burning w/Gas Starter
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 828-354-0265
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Kitchen Island, Open Floorplan, Pantry, Split BR Plan, Walk-In Closet(s), Wet Bar, Window Treatments
  • Laundry Location: Main, Laundry Room
  • Room Count: 3
  • Second Living Quarters: Room w/ Private Bath
  • Second Living Quarters Hla: 244
  • Sq Ft Additional: 244
  • Sq Ft Basement: 1157
  • Main Level Sq Ft: 1562
  • Total Sq Ft: 2719
  • Sq Ft Unheated Basement: 310
  • Sq Ft Unheated Total: 310

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Attached Garage, Garage - 1 Car

Utilities

  • Heating: Central Air, g-Fresh Air Ventilation, Gas Hot Air Furnace, Heat Pump - AC, Heat Pump - Heat, Humidifier, Multizone A/C, MultiZone Heat, Propane, g-Radiant Heated Floors
  • Sewer: Septic Installed
  • Water: Filtration System, Well Installed
  • Water Heater: Gas, Propane

Condo/Co-op/Association

  • Community Features: Club House, Equestrian Facilities, Equestrian Trails, Fitness Center, Gated Community, Golf Course, Outdoor Pool, Recreation Area, Security, Tennis Court(s), Walking Trails
  • Association Fee: 6200.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: Per Tax Records
  • Lot Features: Green Area, Long Range View, Mountain View, Paved Frontage, Private, Year Round View
  • Lot Size Area: 1.650
  • Parcel Number: 7682-00-3309
  • Zoning Specification: RES

Tax Info

  • Tax Value: 1275020.00
  • Tax Location: Scotts Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2022
Sold by
Bmp Real Estate Holdings Llc
Bought by
Bmp David Southworth Real Estate Holdings Llc
Total Days on Market
444
Current Estimated Value
$1,499,341

Purchase Details

Listed on
Jul 10, 2019
Closed on
Nov 18, 2020
Sold by
Moon Jane Holley and Moon Phillip Franklin
Bought by
Bradley Joel F
Seller's Agent
Barbara Huse
Balsam Team
Buyer's Agent
Barbara Huse
Balsam Team
List Price
$1,295,000
Sold Price
$1,050,000
Premium/Discount to List
-$245,000
-18.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%
Original Mortgage
$750,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2015
Sold by
Whistle Pig Properties Llc
Bought by
Holley Moon Phillip Franklin and Holley Moon Jane

Purchase Details

Closed on
Mar 14, 2008
Sold by
Itac 248 Llc
Bought by
Whitstle Pig Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Bmp David Southworth Real Estate Holdings Llc $8,766,500 --
Bradley Joel F $1,050,000 None Available
Holley Moon Phillip Franklin -- None Available
Whitstle Pig Properties Llc $1,875,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bradley Joel F $750,000
Previous Owner Moon Phillip F $417,000
Previous Owner Moon Phillip F $450,000
Previous Owner Whitstle Pig Properties Llc $975,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $1,050,000 -11.4% $386 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
08/07/2020 08/07/20 Price Changed $1,185,000 -0.8% $436 / Sq Ft
12/30/2019 12/30/19 Price Changed $1,195,000 -7.7% $439 / Sq Ft
07/10/2019 07/10/19 For Sale $1,295,000 -- $476 / 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 $4,202 $1,105,840 $300,000 $805,840
2023 $4,327 $1,105,840 $300,000 $805,840
2022 $4,327 $1,105,840 $300,000 $805,840
2021 $4,078 $1,105,840 $300,000 $805,840
2020 $4,929 $1,275,020 $500,000 $775,020
2019 $4,929 $1,275,020 $500,000 $775,020
2018 $4,929 $1,275,020 $500,000 $775,020
2017 $4,802 $1,275,020 $500,000 $775,020
2015 $5,198 $1,275,020 $500,000 $775,020
2011 -- $1,826,340 $750,000 $1,076,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3520683

Canopy MLS (Canopy Realtor® Association)

APN: 7682-00-3309