NOT LISTED FOR SALE

167 Bear Log Rd Cashiers, NC 28717

Estimated Value: $436,000 - $505,000

2 Beds
1 Bath
-- Sq Ft
110,207 Sq Ft Lot

Sale Details

Date Sold: September 23, 2024

Last sale price $425,000

Est. 9% increase in value since last sale

Current estimated payment $2,765 / mo

20 Days on Market

Highlights

  • Panoramic View
  • Wooded Lot
  • Screened Porch
  • 2.53 Acre Lot
  • Vaulted Ceiling
  • Garden

About This Home

As of September 2024

Discover this quintessential mountain retreat, a rare gem now available on the market for the first time. Tucked away in the serene woods of Found Forest, this 1974 cottage boasts breathtaking views of Whiteside Mountain and Yellow Mountain, offering unparalleled privacy and tranquility. Designed by the architect who played a key role in developing Found Forest, this two-bedroom, one-bath cottage exudes unique character and charm. The architect, alongside his artist wife, created a haven for their family summers, and their legacy continues in the cottage's distinctive style. With its rough-sawn pine boards and stone fireplace, the home embodies a true mountain aesthetic. The current owners have preserved its “shabby chic” appeal, maintaining the original charm with minimal alterations. The property is well-equipped for modern living with high-speed internet/fiber and paved roads leading directly to the driveway for easy access. Enjoy immediate connection to the neighborhood's trail system, offering hiking adventures right outside your door. Located just a ten-minute drive from the crossroads of Cashiers, you're conveniently close to local hiking trails, National Forest, and scenic waterfalls. Confident in the home's quality, the owners have conducted a pre-inspection report and priced the property to reflect its condition. While some minor repairs are needed, there are no major issues, making this a rare opportunity to own a truly unique mountain cottage. Don't miss your chance to make this charming retreat your own!

Last Agent to Sell the Property

Philip Bradley

Cashiers Valley Real Estate LLC Brokerage Phone: 8287438900 Listed on: 08/19/2024

Cashiers Valley Real Estate LLC

Last Buyer's Agent

Craig Berry (MLS Only)

Highlands Sotheby's International Realty - DT

Highlands Sotheby's International Realty - DT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $825

Year Built

  • Built in 1974

Lot Details

  • 2.53 Acre Lot
  • Wooded Lot
  • Garden

HOA Fees

  • $157 Monthly HOA Fees

Property Views

  • Panoramic
  • Mountain

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Screened Porch
  • Laminate Flooring
  • Crawl Space
  • Dishwasher
  • Dryer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating Available
  • Private Water Source
  • Well
  • Septic Tank

Community Details

  • Found Forest Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 7570741565

Home Details

Home Type

Single Family

Est. Annual Taxes

$825

Year Built

Built in 1974

Lot Details

2.53 Acres

HOA Fees

$157 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.53
  • Road Surface Type: Paved
  • Subdivision Name: Found Forest
  • Directions: From crossroad take 107s 3.2 miles to Found Forest Road on the right. go 1.6 miles until you see Found Forest Community Sign and take a left onto Bear Log Road. go .1mile and it is the first driveway on the left.
  • Architectural Style: Craftsman
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1974
  • Attribution Contact: 8287438900
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Oven, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fan(s), Pantry, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Level, Partially Cleared, Wooded
  • View: Mountain(s), Panoramic
  • View: Yes
  • Construction Type: Fiber Cement, Frame
  • Exterior Features: Garden
  • Foundation Details: Block
  • Patio And Porch Features: Front Porch, Screened
  • Roof: Shingle

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Fiber Optic Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Trails/Paths
  • Association Fee: 1881.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 110206.8
  • Parcel #: 7570741565
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 825.16
  • Tax Lot: 1
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2024
Closed on
Sep 23, 2024
Sold by
Derrick Jessica H and Derrick Butler
Bought by
Martinez Jorge and Martinez Mary
Seller's Agent
Philip Bradley
Cashiers Valley Real Estate LLC
Buyer's Agent
Craig Berry (MLS Only)
Highlands Sotheby's International Realty - DT
List Price
$495,000
Sold Price
$425,000
Premium/Discount to List
-$70,000
-14.14%
Views
27
Current Estimated Value
$463,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,063
Avg. Annual Appreciation
5.69%
Original Mortgage
$120,000
Outstanding Balance
$118,651
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$344,412

Purchase Details

Closed on
Nov 12, 2020
Sold by
Alexander Cox Therese and Millkey Therese A
Bought by
Alexander Cox Phillip J and Derrick Jessica H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
2.8%
Mortgage Type
New Conventional
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
Martinez Jorge $425,000 None Listed On Document
Alexander Cox Phillip J $165,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Jorge $120,000
Previous Owner Alexander Cox Phillip J $148,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2024 09/23/24 Sold $425,000 -14.1% --
09/08/2024 09/08/24 Pending -- -- --
08/19/2024 08/19/24 For Sale $495,000 -- --
Source: Highlands-Cashiers Board of REALTORS®

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 $1,634 $430,001 $150,000 $280,001
2024 $650 $171,020 $150,000 $21,020
2023 $650 $171,020 $150,000 $21,020
2022 $825 $171,020 $150,000 $21,020
2021 $763 $171,020 $150,000 $21,020
2020 $993 $225,370 $150,880 $74,490
2019 $993 $225,370 $150,880 $74,490
2018 $993 $225,370 $150,880 $74,490
2017 $970 $225,370 $150,880 $74,490
2015 $992 $225,370 $150,880 $74,490
2011 -- $304,590 $179,250 $125,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 105942

APN: 7570-74-1565

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