NOT LISTED FOR SALE

146 Red Tail Ln Cullowhee, NC 28723

Estimated Value: $470,094 - $496,000

6 Beds
4.5 Baths
-- Sq Ft
24.63 Acres

Last Sold May 24, 2016

Last sale price $250,000

Est. 93% increase in value since last sale

Current estimated payment $2,698/month

264 Days on Market

Highlights

  • View of Trees or Woods
  • Vaulted Ceiling
  • No HOA
  • 24.63 Acre Lot
  • Wood Flooring
  • Balcony

About This Home

As of May 2016

LOCATION, LOCATION, LOCATION, GREAT POTENTIAL WCU OR VACATION RENTAL INCOME PRODUCING OPPORTUNITY!! 1 HOME AND 3 COTTAGES ON +/-24 ACRES!!! MOUNTAIN AND DISTANT PARKWAY VIEWS. Live in one or rent all 4. These homes are situated within a few miles of the WCU Campus area. Amazing creek with waterfalls ONSITE. Main home built 2006, cottages 1995-1997.3 COTTAGES NEED TLC. MUST SEE TO APPRECIATE. BEDROOMS STATED INCLUDES ALL 3 COTTAGES AND HOME..(includes PIN#7548-22-3500 for total of +/-24acres) Larger home (2BR/2BA W/unfinished walk out basement) built 2006, There are 2 cottages that are 2BR/1BA and 1 cottage that is 1BR/1BA, (1995-1997) Rental history. Live in one or rent all 4. These homes are situated within a +/-5 miles of the WCU Campus area. There is also an amazing creek with waterfalls. WCU was founded in 1889 in the western region of North Carolina. WCU provides at this time an education to more than 10,000 students from 48 states and 35 countries. WCU has grown in size to become a major cultural, scientific and educational force in the region and the state--and is still growing.

Last Agent to Sell the Property

Kathryn Hansen

Landmark Realty Group - Frank Allen, Cashiers Brokerage Phone: 8287430510 Listed on: 06/30/2015

Last Buyer's Agent

Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,836

Year Built

  • Built in 2006

Lot Details

  • 24.63 Acre Lot
  • Home fronts a stream

Property Views

  • Woods
  • Mountain

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Kitchen Island

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Interior Basement Entry

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Central Heating
  • Shared Well
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 7548-31-0908

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,836

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 24.63
  • Water Body Name: No Name Known
  • Subdivision Name: None
  • Directions: Highway 107 North to left towards Speedwell and right on Tilley Creek+/-1.1mi. to right on Pressley creek for approx. +/-1.1 mile to right on Silver Fox (follow signs to cottages) bear left at 1st waterfall up the gravel road to left. Follow signs to cottages.
  • Architectural Style: Bungalow, Other
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 2006
  • Attribution Contact: 8287430510
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Refrigerator
  • Has Basement: Interior Entry, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Laminate, Wood
  • Interior Amenities: Ceiling Fan(s), Central Vacuum, Kitchen Island, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Other, Waterfall
  • View: Mountain(s), Seasonal View, Trees/Woods
  • View: Yes
  • Waterfront Features: Stream
  • Construction Type: Frame, Other, Wood Siding
  • Exterior Features: Other
  • Foundation Details: Block
  • Other Structures: Residence
  • Patio And Porch Features: Balcony, Front Porch, Porch
  • Roof: Shingle

Garage/Parking

  • Parking Features: Gravel, Other, Parking Lot

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Shared Well, Well

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Lot Info

  • Lot Size Sq Ft: 1072882.8
  • Parcel #: 7548-31-0908
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1836.13
  • Tax Lot: 37
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2020
Sold by
Smoky Mountain Vacation Rentals Llc
Bought by
Hoffman Adam J and Huskey Gavin W
Current Estimated Value
$483,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Outstanding Balance
$262,859
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$220,188
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
Hoffman Adam J $290,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Adam J $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2016 05/24/16 Sold $250,000 -34.3% --
03/22/2016 03/22/16 Pending -- -- --
07/01/2015 07/01/15 For Sale $380,600 -- --
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
2025 $1,648 $433,758 $64,050 $369,708
2024 $1,117 $293,990 $80,000 $213,990
2023 $1,242 $293,990 $80,000 $213,990
2022 $1,197 $293,990 $80,000 $213,990
2021 $1,117 $293,990 $80,000 $213,990
2020 $828 $201,210 $54,900 $146,310
2019 $765 $201,210 $54,900 $146,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 82195

APN: 7548-22-8063