NOT LISTED FOR SALE

1073 Edgewater Rd Cullowhee, NC 28723

Estimated Value: $271,000 - $319,485

6 Beds
3 Baths
-- Sq Ft
2.57 Acres

Last Sold February 03, 2025

Last sale price $259,000

Est. 13% increase in value since last sale

Current estimated payment $1,631/month

18 Days on Market

Highlights

  • River Front
  • Ranch Style House
  • Window Unit Cooling System
  • 2.57 Acre Lot
  • No HOA
  • Baseboard Heating

About This Home

As of February 2025

Discover a fantastic investment opportunity with this riverfront property near the WCU campus, offering both a single-family home and a duplex, all for under $300,000! Situated on a serene stretch of riverbank, this versatile property provides an ideal blend of peaceful living and potential rental income. Whether you're looking to invest, house students, or enjoy the natural beauty of the Great Smoky Mountains, this home delivers. With close proximity to Western Carolina University, it's a perfect spot for easy commuting and access to local amenities. Must see to appreciate! Property sold as-is.

Last Agent to Sell the Property

Stefanie Conley

Keller Williams Great Smokies - Sylva Brokerage Phone: 8285864616 License #336164 Listed on: 10/24/2024

Keller Williams Great Smokies - Sylva

Last Buyer's Agent

Board Member Non

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $962

Year Built

  • Built in 1960

Lot Details

  • 2.57 Acre Lot
  • River Front
  • Property fronts a state road

Parking

  • No Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Metal Roof
  • Wood Siding

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Well
  • Septic Tank

Additional Features

  • No Kitchen Appliances
  • Crawl Space

Community Details

  • No Home Owners Association
  • Cullowhee Rural Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 7559810235

Home Details

Home Type

Single Family

Est. Annual Taxes

$962

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 2.57
  • Road Frontage Type: State Road
  • Ownership: More than One Year
  • Subdivision Name: Cullowhee Rural
  • Directions: From the WCU main entrance intersection on NC-107 , continue south on NC-107 S toward Blackhawk Rd (2.5 mi) Turn left onto W Rogers Rd (0.7 mi) Turn right onto Old Cullowhee Rd, then sharp left onto Edgewater Rd. Property will be on the right (1.0 mi)
  • Architectural Style: Ranch/Single, Other-See Remarks
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1960
  • NAV27_rets_property_type: Residential
  • NAV27_AllowsVacationRentalYN: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Other Water Heater (See Remarks), None
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Door Features: Other Doors (See Remarks)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl, Combination
  • Interior Amenities: Other
  • Window Features: Other Windows (See Remarks)
  • Room Bedroom2 Level: First
  • Master Bedroom Master Bedroom Level: First

Exterior Features

  • Lot Features: Unrestricted
  • View: No
  • Waterfront Features: River Access, River Front
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Other
  • Foundation Details: Slab
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, None-Carport

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Well
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 111949.2
  • Parcel #: 7559810235
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 961.72
  • Tax Book Number: 2197

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2024
Closed on
Mar 25, 2025
Sold by
Colasurd Jeffrey M
Bought by
Edgewater Road Llc
Seller's Agent
Stefanie Conley
Keller Williams Great Smokies - Sylva
Buyer's Agent
Board Member Non
List Price
$269,000
Sold Price
$259,000
Premium/Discount to List
-$10,000
-3.72%
Views
75
Current Estimated Value
$293,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,621
Avg. Annual Appreciation
13.37%

Purchase Details

Listed on
Oct 24, 2024
Closed on
Jan 29, 2025
Sold by
Cullowhee River Club Llc
Bought by
Colasurd Jeffrey
Seller's Agent
Stefanie Conley
Keller Williams Great Smokies - Sylva
Buyer's Agent
Board Member Non
List Price
$269,000
Sold Price
$259,000
Premium/Discount to List
-$10,000
-3.72%
Views
75

Purchase Details

Closed on
Aug 18, 2017
Sold by
Roberts Alice Faye and Roberts Alice Ray
Bought by
Cullowhee River Club Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Buyer Sale Price Title Company
Edgewater Road Llc -- None Listed On Document
Colasurd Jeffrey $259,000 None Listed On Document
Colasurd Jeffrey $259,000 None Listed On Document
Cullowhee River Club Llc $134,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2025 02/03/25 Sold $259,000 -3.7% --
11/11/2024 11/11/24 Pending -- -- --
10/24/2024 10/24/24 For Sale $269,000 -- --
Source: Carolina Smokies Association of REALTORS®

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 $873 $229,696 $143,530 $86,166
2024 $587 $154,400 $86,310 $68,090
2023 $962 $154,400 $86,310 $68,090
2022 $962 $154,400 $86,310 $68,090
2021 $587 $154,400 $86,310 $68,090
2020 $709 $142,420 $66,310 $76,110
2019 $709 $142,420 $66,310 $76,110
2018 $709 $142,420 $66,310 $76,110
2017 $695 $142,420 $66,310 $76,110
2015 $720 $142,420 $66,310 $76,110
2011 -- $196,970 $89,440 $107,530
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26038146

APN: 7559-81-0235