NOT LISTED FOR SALE

135 Summersong Ln Cullowhee, NC 28723

Estimated Value: $1,418,801

3 Beds
1 Bath
812 Sq Ft
$1,747/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $1,325,000 $1,632 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,083/month

216 Days on Market

Highlights

  • Lake Front
  • Vaulted Ceiling
  • No HOA
  • Deck
  • Wood Flooring
  • Wet Bar

About This Home

As of June 2024

Adorable 3BR/1BA cottage on Lake Glenville with a large grass lawn and private beach. The updated cottage features a cozy living room, kitchen/dining, 3 bedrooms, 1 full bath, and two large decks overlooking Lake Glenville. There is a separate laundry area in the unfinished basement. This home sits on an extremely gentle lot, offering easy access down to the lake, and plenty of gathering space for family and friends!

Last Listed By

Sam Lupas

LANDMARK REALTY GROUP, LLC - FA Brokerage Phone: 8287430510 Listed on: 09/20/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,439

Year Built

  • Built in 1970

Lot Details

  • 0.67 Acre Lot
  • Lake Front
  • Lot Has A Rolling Slope
  • Cleared Lot

Home Design

  • Wood Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Lake Views
  • Dryer

Kitchen

  • Propane Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Heat Pump System
  • Shared Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7564-00-8992

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,439

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.67
  • Water Body Name: Lake Glenville
  • Subdivision Name: None
  • Directions: From the Cashiers Crossroads, take Hwy 107N. Turn left onto Norton Rd (at Blue Ridge School). Turn right onto Fenley Forest Trail. Turn left onto Summersong Lane (between brick columns just before Wilderness Trail). House #135 will be second to last home on your left (look for Real Estate sign).
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1970
  • Attribution Contact: 8287430510
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Ice Maker, Microwave, Propane Cooktop, Refrigerator, Washer
  • Has Basement: Crawl Space, Exterior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter, Living Room
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Wet Bar, Ceiling Fan(s), Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Cleared, Level, Rolling Slope
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Construction Type: Wood Siding
  • Exterior Features: None, Satellite Dish
  • Foundation Details: Block
  • Patio And Porch Features: Rear Porch, Deck
  • Roof: Metal, Wood

Garage/Parking

  • Parking Features: Gravel, Parking Lot

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Lot Info

  • Lot Size Sq Ft: 29185.2
  • Parcel #: 7564-00-8992
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 2438.77
  • Tax Lot: 0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
May 31, 2024
Sold by
Wing Samuel Jeremy and Wing Elizabeth K
Bought by
Neimkin Michael George and Coveney Kimberly
Seller's Agent
Sam Lupas
LANDMARK REALTY GROUP, LLC - FA
Buyer's Agent
Sam Lupas
LANDMARK REALTY GROUP, LLC - FA
List Price
$1,495,000
Sold Price
$1,325,000
Premium/Discount to List
-$170,000
-11.37%
Total Days on Market
216
Views
80
Current Estimated Value
$1,418,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,801
Avg. Annual Appreciation
3.01%
Original Mortgage
$861,250
Outstanding Balance
$857,035
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$504,637

Purchase Details

Closed on
Mar 19, 2013
Sold by
Hennessy Stephen R
Bought by
Wing Samuel Jerry and Wing Elizabeth K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
3.57%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 7, 2010
Sold by
Independence National Bank
Bought by
Hennessy Stephen R

Purchase Details

Closed on
Sep 28, 2009
Sold by
Legasus Of North Carolina Llc
Bought by
Independence National Bank

Purchase Details

Closed on
Jul 28, 2006
Sold by
Visceglia Robin R and Visceglia Diego Vincent
Bought by
Legasus Of North Carolina Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,750
Interest Rate
6.74%
Mortgage Type
Commercial

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
Neimkin Michael George $1,325,000 None Listed On Document
Wing Samuel Jerry $445,000 None Available
Hennessy Stephen R $445,000 --
Independence National Bank $570,000 --
Legasus Of North Carolina Llc $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neimkin Michael George $861,250
Previous Owner Wing Jeremy $465,000
Previous Owner Wing S Jeremy $1,870,100
Previous Owner Wing Samuel Jerry $356,000
Previous Owner Legasus Of North Carolina Llc $573,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $1,325,000 -1.8% $1,632 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
02/24/2024 02/24/24 Price Changed $1,349,238 -5.0% $1,662 / Sq Ft
12/01/2023 12/01/23 Price Changed $1,420,250 -5.0% $1,749 / Sq Ft
09/20/2023 09/20/23 For Sale $1,495,000 -- $1,841 / Sq Ft
Source: Highlands-Cashiers Board 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
2024 $2,148 $565,160 $450,000 $115,160
2023 $2,148 $565,160 $450,000 $115,160
2022 $2,439 $565,160 $450,000 $115,160
2021 $2,148 $565,160 $450,000 $115,160
2020 $2,340 $559,390 $450,000 $109,390
2019 $2,340 $559,390 $450,000 $109,390
2018 $2,340 $559,390 $450,000 $109,390
2017 $2,284 $559,390 $450,000 $109,390
2015 $2,068 $559,390 $450,000 $109,390
2011 -- $657,960 $550,000 $107,960
Source: Public Records

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Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 102986

APN: 7564-00-8992