NOT LISTED FOR SALE

162 Marlett Rd Cullowhee, NC 28723

Estimated Value: $60,000 - $221,000

0.94 Acre
$115,129 Price per Acre
40,946 Sq Ft Lot

Last Sold February 11, 2021

Last sale price $35,000

Est. 209% increase in value since last sale

Current estimated payment $588/month

98 Days on Market

About This Lot

As of February 2021

Tiny home builder dream! This is a great opportunity to own almost an acre of non-restricted, gentle land with a roughed in driveway, sewer, well and electricity already in place. There is an old structure on the property that has some damage but could be fixed or torn down. Please come by and get keys for shed.

Last Agent to Sell the Property

Joanne Bryson

Landmark Realty Group - Frank Allen, Cashiers Brokerage Phone: 8287433411 Listed on: 10/04/2020

Last Buyer's Agent

Joanne Bryson

Landmark Realty Group - Frank Allen, Cashiers Brokerage Phone: 8287433411 Listed on: 10/04/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $280

Lot Details

  • 0.94 Acre Lot
  • Lot Has A Rolling Slope

Utilities

  • Private Water Source
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7544-28-9202

Property Details

Property Type

Land

Est. Annual Taxes

$280

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.94
  • Directions: From Cashiers take 107 N. to Pine Creek. Follow Pine Creek until you reach Apple Dumplin Hill on the right also known as Marlett Rd. After you turn right on to Marlett rd. follow to real estate sign on right.
  • Carport Y N: No
  • Garage Yn: No
  • Attribution Contact: 8287433411
  • PropertySubTypeAdditional: Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Partially Cleared, Rolling Slope
  • View: None
  • View: No

Utilities

  • Sewer: Septic Permit 2 Bedroom, Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Lot Info

  • Lot Size Sq Ft: 40946.4
  • Parcel #: 7544-28-9202
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 280.0
  • Tax Lot: none
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2024
Sold by
Carter Janice and Carter James A
Bought by
Arenas Jairo and Capote Marely Arenas
Current Estimated Value
$108,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Outstanding Balance
$51,252
Interest Rate
6.2%
Mortgage Type
Seller Take Back
Estimated Equity
$56,969

Purchase Details

Closed on
Aug 10, 2023
Sold by
Smith Roger Wade and Smith Carol
Bought by
Carter Janice

Purchase Details

Listed on
Oct 4, 2020
Closed on
Feb 10, 2021
Sold by
Freitas Jacquelyn
Bought by
Smith Roger Wade and Smith Carol
Seller's Agent
Joanne Bryson
Landmark Realty Group - Frank Allen, Cashiers
Buyer's Agent
Joanne Bryson
Landmark Realty Group - Frank Allen, Cashiers
List Price
$40,000
Sold Price
$35,000
Premium/Discount to List
-$5,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.91%

Purchase Details

Closed on
Jun 23, 2017
Sold by
Estadt Janet A
Bought by
Freitas Jacquelyn
Source: Public Records
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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
Arenas Jairo $70,000 None Listed On Document
Arenas Jairo $70,000 None Listed On Document
Carter Janice $70,000 None Listed On Document
Carter Janice $70,000 None Listed On Document
Smith Roger Wade $35,000 None Available
Freitas Jacquelyn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arenas Jairo $55,000
Closed Arenas Jairo $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2021 02/11/21 Sold $35,000 -12.5% --
01/27/2021 01/27/21 Pending -- -- --
10/05/2020 10/05/20 For Sale $40,000 -- --
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
2025 $266 $70,130 $37,530 $32,600
2024 $118 $31,160 $30,330 $830
2023 $208 $31,160 $30,330 $830
2022 $208 $31,160 $30,330 $830
2021 $251 $66,150 $30,330 $35,820
2020 $281 $54,050 $23,910 $30,140
2019 $281 $54,050 $23,910 $30,140
2018 $281 $54,050 $23,910 $30,140
2017 $276 $54,050 $23,910 $30,140
2015 $257 $54,050 $23,910 $30,140
2011 -- $64,970 $33,880 $31,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 94879

APN: 7544-28-9202