NOT LISTED FOR SALE

1899 Cullowhee Forest Rd Cullowhee, NC 28723

Estimated Value: $1,534,115 - $1,672,000

3 Beds
3 Baths
-- Sq Ft
5.41 Acres

Last Sold May 24, 2018

Last sale price $715,000

Est. 122% increase in value since last sale

Current estimated payment $8,800/month

347 Days on Market

Highlights

  • Gated Community
  • 5.41 Acre Lot
  • Deck
  • River View
  • Fireplace in Kitchen
  • Wooded Lot

About This Home

As of May 2018

Nestled in a pristine forest on over five acres with Hatcher Falls nearby, this home is a hidden treasure with the west fork of the Tuckasegee River as the backdrop. The lush valley mimics the temperatures of higher elevations, providing cool summer days and nights. The soothing sounds of rushing water are the crowning touch on this grand Timberpeg post and beam retreat, which is accented by a rich Tennessee field stone exterior and cedar shake roof. The main living area celebrates the diverse textures of nature with reclaimed heart pine floors, pickled white knotty pine cathedral ceilings and walls, a striking oversized floor-to-ceiling stone fireplace with wood storage, and an original hemlock peeled bark mantle straight from the property itself. Cooking is a joy in the gorgeous custom chef's kitchen with a cozy fireplace, spacious Corian and soapstone countertops, a large kitchen island with seating, and stainless steel KitchenAid appliances including a French door refrigerator, double ovens, a gas cooktop and an easy-to-reach raised dishwasher. The inviting master on main features double sliding doors facing the river, perfect for listening to the water while falling asleep. It also has a gas fireplace for warming chilly toes, a luxurious bath and an incredible 28-foot long walk-in closet with shelving for 110 pairs of shoes! Upstairs, an amazing guest suite with a huge living area, eat-in kitchen and additional exterior entrance will impress visiting friends and family. The scenic property encourages outdoor living and offers much to explore for all ages. In addition to the river, it includes beautiful stone pathways, native landscaping, decking, fire pits, fishing pads and river overlooks, as well as two charming cottages for extra bunk space. Fireplace Features: 2 or more

Last Agent to Sell the Property

Dan Allen

Silver Creek Real Estate Group, Inc. Brokerage Phone: 8287431999 License #216684 Listed on: 04/20/2017

Last Buyer's Agent

Dan Allen

Silver Creek Real Estate Group, Inc. Brokerage Phone: 8287431999 License #216684 Listed on: 04/20/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,103

Year Built

  • Built in 2001

Lot Details

  • 5.41 Acre Lot
  • River Front
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Garden

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Wood Roof
  • Wood Siding
  • Concrete Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Workshop
  • River Views
  • Dryer

Kitchen

  • Breakfast Bar
  • Double Oven
  • Propane Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Fireplace in Kitchen

Flooring

  • Wood
  • Stone
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Fire Pit
  • Porch

Utilities

  • Cooling Available
  • Zoned Heating
  • Heat Pump System
  • Well
  • Tankless Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 60
  • Assessor Parcel Number 7555-78-5710

Community Details

Overview

  • Property has a Home Owners Association
  • Cullowhee Forest Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,103

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.41
  • Road Surface Type: Gravel
  • Water Body Name: W. Fork Tuckasegee
  • Subdivision Name: Cullowhee Forest
  • Directions: From the Crossroads take US Highway 107 North through Glenville. At Cabbage Curve turn left into the Cullowhee Forest Subdivision. Gate code required. Take first left turn (another gate) and it is the third house on the left. Watch for Stanger name sign. Split rail fence is along their property line.
  • Architectural Style: Post and Beam
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2001
  • Attribution Contact: 8287431999
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Double Oven, Dryer, Dishwasher, Freezer, Gas Oven, Microwave, Propane Cooktop, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Crawl Space, Exterior Entry, Concrete
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Free Standing, Gas Log, Kitchen, Living Room, Primary Bedroom, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Marble, Stone, Tile, Wood
  • Interior Amenities: Wet Bar, Breakfast Bar, Ceiling Fan(s), Cathedral Ceiling(s), Central Vacuum, Garden Tub/Roman Tub, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Workshop
  • Window Features: Skylight(s)

Exterior Features

  • Lot Features: Level, Partially Cleared, Rolling Slope, Wooded
  • View: River
  • Waterfront Features: River Front, Deeded Access
  • Waterfront: Yes
  • Disclosures: Flood Plain Disclosure
  • Construction Type: Frame, Concrete, Stone, Wood Siding
  • Exterior Features: Balcony, Fire Pit, Garden, Satellite Dish
  • Other Structures: Barn(s), Shed(s), Workshop
  • Patio And Porch Features: Rear Porch, Deck, Front Porch, Patio, Porch, Side Porch, Balcony
  • Roof: Wood

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Additional Parking, Attached, Concrete, Garage, Three Car Garage, Garage Door Opener, Parking Lot

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Gas, Heat Pump, Zoned
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Gated, Park, Trails/Paths, Water Access
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 235659.6
  • Parcel #: 7555-78-5710
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 3103.0
  • Tax Lot: 60
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2017
Closed on
May 23, 2018
Sold by
Stanger John W and Stanger Kerry R
Bought by
Stephens Chris and Stephens Kristi
Seller's Agent
Dan Allen
Silver Creek Real Estate Group, Inc.
Buyer's Agent
Dan Allen
Silver Creek Real Estate Group, Inc.
List Price
$799,000
Sold Price
$715,000
Premium/Discount to List
-$84,000
-10.51%
Current Estimated Value
$1,586,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$871,779
Avg. Annual Appreciation
11.09%
Original Mortgage
$400,000
Outstanding Balance
$345,203
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,241,576
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stephens Chris $715,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephens Chris $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2018 05/24/18 Sold $715,000 -10.5% --
05/11/2018 05/11/18 Pending -- -- --
04/20/2017 04/20/17 For Sale $799,000 -- --
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 $5,548 $1,460,093 $200,380 $1,259,713
2024 $2,979 $784,000 $160,100 $623,900
2023 $3,335 $784,000 $160,100 $623,900
2022 $3,335 $784,000 $160,100 $623,900
2021 $2,979 $784,000 $160,100 $623,900
2020 $3,179 $767,370 $144,050 $623,320
2019 $3,179 $767,370 $144,050 $623,320
2018 $3,179 $767,370 $144,050 $623,320
2017 $3,102 $767,370 $144,050 $623,320
2015 $3,258 $767,370 $144,050 $623,320
2011 -- $1,064,970 $208,740 $856,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 85758

APN: 7555-78-5710