NOT LISTED FOR SALE

143 Forest Cove Rd Cullowhee, NC 28723

Estimated Value: $115,522 - $205,000

1 Bed
1 Bath
-- Sq Ft
3 Acres

Last Sold August 17, 2020

Last sale price $80,000

Est. 88% increase in value since last sale

Current estimated payment $868/month

64 Days on Market

Highlights

  • View of Trees or Woods
  • Wood Burning Stove
  • Wood Flooring
  • 3 Acre Lot
  • Wooded Lot
  • No HOA

About This Home

As of August 2020

Nice parcel with views that could be enhanced with some tree work. House is in need of work but has great potential as an investment. Building envelope is level with room for expansion. Convert to a year 'round home or vacation rental. There is an additional structure that with some work would add some useful space. Well located for commuting to Sylva, Cashiers or Franklin for local buyers.

Last Listed By

Rick Jackson

Silver Creek Real Estate Group - LG Brokerage Phone: 8287432030 Listed on: 04/28/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $483

Year Built

  • Built in 1970

Lot Details

  • 3 Acre Lot
  • Steep Slope
  • Wooded Lot

Parking

  • Driveway

Property Views

  • Woods
  • Mountain

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Wood Burning Stove
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Spring water is a source of water for the property
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7544-79-4606

Home Details

Home Type

Single Family

Est. Annual Taxes

$483

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.0
  • Subdivision Name: None
  • Directions: From Cashiers Crossroads head northwest on NC-107 N 6.4 miles. Turn left on Pinecreek Road and travel 4.7 miles. Turn right on Forest Cove Road and keep to the left when road forks. Destination is at the top.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1970
  • Attribution Contact: 8287432030
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Wood

Exterior Features

  • Lot Features: Partially Cleared, Rolling Slope, Steep Slope, Wooded
  • View: Mountain(s), Seasonal View, Trees/Woods
  • View: Yes
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Front Porch, Porch
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway, None, Unpaved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Wood
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: None
  • Water Source: Spring

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Lot Info

  • Lot Size Sq Ft: 130680.0
  • Parcel #: 7544-79-4606
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 482.66
  • Tax Lot: N/A
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2020
Closed on
Aug 6, 2020
Sold by
Schroder Damien and Diehl Derek
Bought by
Nikkola Kenneth
Seller's Agent
Rick Jackson
Silver Creek Real Estate Group - LG
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$85,000
Sold Price
$80,000
Premium/Discount to List
-$5,000
-5.88%
Total Days on Market
64
Current Estimated Value
$150,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,381
Avg. Annual Appreciation
14.12%

Purchase Details

Listed on
Apr 28, 2020
Closed on
Aug 5, 2020
Sold by
Wegner Alexa Gruen and Wegner Michael
Bought by
Nikola Kenneth
Seller's Agent
Rick Jackson
Silver Creek Real Estate Group - LG
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$85,000
Sold Price
$80,000
Premium/Discount to List
-$5,000
-5.88%

Purchase Details

Closed on
Feb 11, 2020
Sold by
Gruen and Wegner Alexa
Bought by
Diehl Derek A

Purchase Details

Closed on
Jan 12, 2007
Sold by
Schroder Damian
Bought by
Schroder Damian and Gruen Nicole A

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
Nikkola Kenneth $80,000 None Available
Nikola Kenneth -- None Available
Diehl Derek A -- None Available
Schroder Damian -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $80,000 -5.9% --
07/18/2020 07/18/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $85,000 -- --
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 $307 $80,760 $63,980 $16,780
2023 $456 $80,760 $63,980 $16,780
2022 $456 $80,760 $63,980 $16,780
2021 $307 $80,760 $63,980 $16,780
2020 $483 $98,850 $59,760 $39,090
2019 $483 $98,850 $59,760 $39,090
2018 $483 $98,850 $59,760 $39,090
2017 $473 $98,850 $59,760 $39,090
2015 $492 $98,850 $59,760 $39,090
2011 -- $136,880 $86,700 $50,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 93337

APN: 7544-79-4606