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3915 Tanasee Gap Rd, Balsam Grove, NC, 28708

2beds
1baths
1,000sqft
$325,000
$325price/sqft
$2,049/moest. monthly cost
$81,960/yrincome needed

About This Home

This two bedroom/ One full bath cottage is approximately a 1000 square feet and was fully renovated in 2018 with new kitchen and bathroom laundry room is in the bathroom. All original hardwood floors. Added a mini split for heat and AC, also has a generator wired into the houses as back up. Two large decks also added in 2018 one on front approximately 14x14 and one on the back 14x 24 partially covered with ceiling fan. A great place to grill out and sit with the family. Driveway was updated as well as additional parking added in 2019. This is 2.5 acres approximately with a small creek running along the house and property. There are two / three outbuilding workshop spaces on the property as well Driveway is gated. Must see this home in person to appreciate. Location is minutes from waterfalls and hiking trails and parkway area. Private and beautiful. The home has been used as an Airbnb in the past and has done well.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

6/10
Rosman ElementaryGrades PK-58.7 mi
--
TCS Online Learning PathGrades K-128.8 mi

Construction

Condition

  • Year built: 1944

Materials

  • Foundation: Concrete
  • Roof: Metal

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin

Interior

Appliances

  • Appliances included: Dryer,Garbage disposal,Microwave,Range / Oven,Refrigerator,Washer

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Hardwood
  • Fireplace features: Electric
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Heat pump,Electric
  • Cooling features: Central

Interior Area

  • Total interior livable area: 1,000 sqft

Property

Details

  • Parcel number: 8525763113000

Features

  • Exterior features: Vinyl
  • Has view: Yes
  • View description: Mountain

Lot

  • Lot size: 2 Acres
  • Features: Private,Wooded,Level,Stream/Creek

Parking

  • Total spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Ice Storm
Landslide
Lightning
Strong Wind

FEMA Declared Disasters in Transylvania County and North Carolina

Fire
Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,643$19,716
Home Insurance *$82$984
Property Taxes $124$1,488
Electricity $200$2,405
Total$2,049$24,588
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$70,251/yr
40% on housing$61,470/yr
45% on housing$54,640/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.2%
12.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 5.5%
5.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$325This listing

vs Other Active Listings

Avg $/sqft

ZIP 28708$162
Transylvania County$349

vs Homes Sold Last Month

Median $/sqft

ZIP 28708$315
Transylvania County$291

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-15Listed for sale$325,000
2017-07-17Sold$77,000
2017-06-17Pending sale$79,900
2017-06-03Price change$79,900
2016-08-16Price change$89,000
2016-06-18Price change$99,500
2016-06-07Listed for sale$105,000
2015-04-03Listing removed$87,000
2015-03-05Listed for sale$87,000

For Sale by Owner

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