NOT LISTED FOR SALE

169 Gem Creek Rd Cullowhee, NC 28723

Estimated Value: $286,000 - $504,000

2 Beds
2 Baths
-- Sq Ft
1.4 Acres

Last Sold July 18, 2019

Last sale price $152,000

Est. 138% increase in value since last sale

Current estimated payment $2,076/month

385 Days on Market

Highlights

  • View of Trees or Woods
  • Spring on Lot
  • Traditional Architecture
  • Deck
  • Wooded Lot
  • Cathedral Ceiling

About This Home

As of July 2019

Great get-a-way or year round home with spacious decks and wonderful privacy. Enjoy the peaceful sounds of the stream and waterfall. There is a downstairs bonus room suitable for add'l sleeping or office. New floors just installed in 2018. Home is only 1 mile from Lake Glenville public boat ramp. Home is sold furnished with a few exceptions.

Last Agent to Sell the Property

William Tibbetts

Betsy Paul Properties, Inc. Brokerage Phone: 8287430510 Listed on: 05/14/2018

Last Buyer's Agent

William Tibbetts

Betsy Paul Properties, Inc. Brokerage Phone: 8287430510 Listed on: 05/14/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $703

Year Built

  • Built in 1995

Lot Details

  • 1.4 Acre Lot
  • Home fronts a stream
  • Lot Has A Rolling Slope
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Living Room with Fireplace
  • Workshop
  • Views of Woods
  • Basement
  • Crawl Space
  • Dryer

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Spring on Lot
  • Deck
  • Wrap Around Porch

Utilities

  • Central Heating
  • Space Heater
  • Heating System Uses Wood
  • Spring water is a source of water for the property
  • Private Water Source
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot B-1
  • Assessor Parcel Number 7545-94-9092

Home Details

Home Type

Single Family

Est. Annual Taxes

$703

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.4
  • Road Surface Type: Gravel
  • Water Body Name: Gem Creek
  • Subdivision Name: None
  • Directions: Hwy 107N to Pine Creek Rd, Pine Creek to right on Cullowhee Mountain Rd, left onto Gem Creek Rd (across from Arrowmount Riding Academy). Take first left. House is first home on left. LOCKBOX hanging from the awning frame.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1995
  • Attribution Contact: 8287430510
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Disposal, Microwave, Refrigerator, Washer, Water Purifier
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Workshop
  • Window Features: Skylight(s), Window Treatments

Exterior Features

  • Lot Features: Partially Cleared, Rolling Slope, Spring, Wooded, Waterfall
  • View: Creek/Stream, Trees/Woods
  • View: Yes
  • Waterfront Features: Stream
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Satellite Dish
  • Patio And Porch Features: Rear Porch, Covered, Deck, Wrap Around
  • Roof: Shingle

Garage/Parking

  • Parking Features: Gravel, Parking Lot

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Other
  • Heating: Central, Gas, Space Heater, Wood
  • Heating Yn: Yes
  • Sewer: Sewer Applied for Permit, Septic Tank
  • Utilities: Satellite Internet Available
  • Water Source: Private, Spring

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Lot Info

  • Lot Size Sq Ft: 60984.0
  • Parcel #: 7545-94-9092
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 702.95
  • Tax Lot: B-1
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2018
Closed on
Jul 18, 2019
Seller's Agent
William Tibbetts
Betsy Paul Properties, Inc.
Buyer's Agent
William Tibbetts
Betsy Paul Properties, Inc.
List Price
$219,000
Sold Price
$152,000
Premium/Discount to List
-$67,000
-30.59%
Total Days on Market
385
Current Estimated Value
$361,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,967
Avg. Annual Appreciation
15.84%
Original Mortgage
$98,800
Outstanding Balance
$87,262
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$274,705
Source: Public Records

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Range of Values:

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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
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcnamee Deborah $98,800
Previous Owner Mcnamee Owen F $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2019 07/18/19 Sold $152,000 -30.6% --
07/04/2019 07/04/19 Pending -- -- --
05/14/2018 05/14/18 For Sale $219,000 -- --
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 $620 $163,270 $50,320 $112,950
2023 $793 $163,270 $50,320 $112,950
2022 $793 $163,270 $50,320 $112,950
2021 $620 $163,270 $50,320 $112,950
2020 $703 $153,470 $40,320 $113,150
2019 $703 $153,470 $40,320 $113,150
2018 $703 $153,470 $40,320 $113,150
2017 $688 $153,470 $40,320 $113,150
2015 $616 $153,470 $40,320 $113,150
2011 -- $178,390 $53,760 $124,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 88349

APN: 7545-94-9092