NOT LISTED FOR SALE

118 Shady Rest Rd Cullowhee, NC 28723

Estimated Value: $110,271 - $226,000

2 Beds
1 Bath
972 Sq Ft
$173/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $100,000 $103 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $926/month

Highlights

  • RV Access or Parking
  • Wood Burning Stove
  • Bonus Room
  • Open Floorplan
  • Ranch Style House
  • Living Area on First Floor

About This Home

As of October 2022

Nice Home on one acre of usable land nestled in between Cashiers and Franklin, and only minutes to Lake Glenville, for boating, fishing, & hiking. This home sits at a cool 3700 feet elevation and remarkably has almost level Unrestricted one acre of land, perfect for dogs, kids, and a big garden. This 2 bedroom 1 bath has an open living concept, with a big living room with a wood stove that is only 3 years old that will keep you warm in the winter. It also has a bonus room that would make a great office and a large laundry room. It is so peaceful and quiet on the wonderful front porch, that you will want to stay there all day long. The property has 2 sheds on it for storage and plenty of parking. This is priced to sell as is. Would make a great rental or first-time home buyer.

Last Agent to Sell the Property

Sheila Myers

Keller Williams Realty Of Franklin Brokerage Phone: 8285240100 License #215471 Listed on: 08/23/2022

Keller Williams Realty Of Franklin

Last Buyer's Agent

Matthew Jackson

Keller Williams Realty Of Franklin License #298979

Keller Williams Realty Of Franklin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $411

Year Built

  • Built in 1969

Lot Details

  • 1.01 Acre Lot
  • Fenced Yard
  • Open Lot
  • Lot Has A Rolling Slope

Parking

  • RV Access or Parking

Home Design

  • Ranch Style House
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Fireplace
  • Wood Burning Stove
  • Insulated Doors
  • Living Area on First Floor
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Crawl Space
  • Electric Oven or Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Kerosene
  • Heating System Uses Wood
  • Shared Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7544271703

Home Details

Home Type

Single Family

Est. Annual Taxes

$411

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.01
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Subdivision Name: None
  • Directions: From Franklin-Take Highlands Rd approx 7 miles turn left on Walnut Creek Rd turning into Pine Creek at the Jackson Co. border. Go about 2 miles to left onto Shady Rest Rd., go right at the fork to the house on the left at the end of the road.
  • Architectural Style: Ranch/Single
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1969
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8285240100
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dryer, Washer, Electric Oven/Range
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Doors-Insulated
  • Fireplace Features: Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Bonus Room, Open Floorplan, Main Level Living, Kitchen/Dining Room, Primary on Main Level, Ceiling Fan(s)
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First

Exterior Features

  • Fencing: Fenced Yard
  • Lot Features: Open Lot, Allow RVs, Rolling, Unrestricted
  • View: No
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Other Structures: Storage Building/Shed
  • Patio And Porch Features: Porch
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: First Level
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wood, Kerosene
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Shared Well
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 43995.6
  • Parcel #: 7544271703
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 411.13
  • Tax Book Number: 2208

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2022
Closed on
Sep 26, 2022
Sold by
Stelline Tyler J
Bought by
Donovan Da Llc
Seller's Agent
Sheila Myers
Keller Williams Realty Of Franklin
Buyer's Agent
Matthew Jackson
Keller Williams Realty Of Franklin
List Price
$100,000
Sold Price
$100,000
Current Estimated Value
$168,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,136
Avg. Annual Appreciation
18.84%

Purchase Details

Listed on
Aug 17, 2017
Closed on
Mar 1, 2018
Sold by
Frady Johnny L
Bought by
Stelline Tyler J
Seller's Agent
Christine Long
Landmark Realty Group - Frank Allen, Cashiers
Buyer's Agent
Christine Long
Landmark Realty Group - Frank Allen, Cashiers
List Price
$85,000
Sold Price
$80,000
Premium/Discount to List
-$5,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%
Original Mortgage
$71,200
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Donovan Da Llc $100,000 --
Donovan Da Llc $100,000 None Listed On Document
Stelline Tyler J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stelline Tyler J $71,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2022 10/11/22 Sold $100,000 0.0% $103 / Sq Ft
08/25/2022 08/25/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $100,000 +25.0% $103 / Sq Ft
03/02/2018 03/02/18 Sold $80,000 -5.9% $82 / Sq Ft View Prior Sale
02/26/2018 02/26/18 Pending -- -- --
08/18/2017 08/18/17 For Sale $85,000 -- $87 / Sq Ft
Source: Carolina Smokies Association of REALTORS®

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
2025 $411 $108,097 $42,830 $65,267
2024 $309 $81,400 $40,300 $41,100
2023 $458 $81,400 $40,300 $41,100
2022 $455 $80,670 $40,300 $40,370
2021 $307 $80,670 $40,300 $40,370
2020 $404 $80,100 $30,300 $49,800
2019 $404 $79,360 $30,300 $49,060
2018 $302 $79,360 $30,300 $49,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26028305

APN: 7544-27-1703