NOT LISTED FOR SALE

Estimated Value: $640,000 - $787,000

3 Beds
2 Baths
1,800 Sq Ft
$386/Sq Ft Est. Value

Last Sold October 11, 2017

Last sale price $355,000 $197 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $3,808/month

697 Days on Market

Highlights

  • Lake View
  • Deck
  • Vaulted Ceiling
  • 19.51 Acre Lot
  • Wooded Lot
  • Wood Flooring

About This Home

As of October 2017

Charming mountain cabin on nearly 20 unrestricted acres at 3,900 ft elev., near the top of a knoll with breathtaking view. From due south to due west, take in a panoramic long range view of Wolf Lake and the mountains beyond to the Blue Ridge Parkway. At the top of the knoll, with views in all directions, build your dream house and let the existing cabin become your guest house...or just relax in the cabin and enjoy your top-of-the-world private getaway. Hardwoods, fruit trees, blueberries and blackberries abound. Well built and maintained road around the property. Trails. The cabin has 3 bedrooms, 2 baths, new appliances, generator and is offered furnished. The property adjoins the National Forest. Located in the Owens Gap area of Tuckasegee NC, this property is convenient to Sylva, Cashiers and Lake Toxaway. It's only minutes to the public access area for Tannassee Creek Lake. Just a few minutes further is the public access area for Wolf Lake.

Non Member

NON-MEMBER OFFICE Brokerage Phone: 8289664260 Listed on: 09/21/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,201

Year Built

  • Built in 1985

Lot Details

  • 19.51 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Garden

Parking

  • Driveway

Property Views

  • Lake
  • Mountain

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Flooring
  • Dryer

Kitchen

  • Breakfast Bar
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 223-ND
  • Assessor Parcel Number 8516-01-0099

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,201

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 19.51
  • Water Body Name: Wolf Creek Lake
  • Subdivision Name: None
  • Directions: From US 107, 281 S for 14.5 mi. Left on Tannassee Creek Rd (SR 1762).(From US 64, Hwy 281 N for 11 mi, turn right.) Follow for 2.3 mi (stay straight onto Wolf Creek Rd when SR 1762 turns right at bridge). Left on10 gravel drive. After 0.2 mi at stand of Christmas trees,left onto grassy drive. 0.2 mi to top of knoll.
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1985
  • Attribution Contact: 8289664260
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Electric Oven, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Wood
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Borders National Forest, Other, Rolling Slope, Subdivided, Wooded
  • View: Lake, Mountain(s)
  • View: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Garden
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck, Front Porch, Side Porch
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway, Gravel, Unpaved

Utilities

  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 849855.6
  • Parcel #: 8516-01-0099
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 1201.0
  • Tax Lot: 223-ND
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2015
Closed on
Oct 10, 2017
Sold by
Heinitsh Reginald D and Heinitsh Amanda L
Bought by
Hundley William C and Buto Donna M
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$425,000
Sold Price
$355,000
Premium/Discount to List
-$70,000
-16.47%
Total Days on Market
697
Current Estimated Value
$694,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,580
Avg. Annual Appreciation
9.18%
Original Mortgage
$283,532
Outstanding Balance
$238,430
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$456,150
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
Hundley William C $355,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hundley William C $283,532
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2017 10/11/17 Sold $355,000 -16.5% $197 / Sq Ft
08/19/2017 08/19/17 Pending -- -- --
09/21/2015 09/21/15 For Sale $425,000 -- $236 / Sq Ft
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 $1,459 $384,010 $243,900 $140,110
2023 $1,584 $384,010 $243,900 $140,110
2022 $1,584 $384,010 $243,900 $140,110
2021 $1,459 $384,010 $243,900 $140,110
2020 $1,199 $293,410 $166,320 $127,090
2019 $1,199 $293,410 $166,320 $127,090
2018 $1,199 $293,410 $166,320 $127,090
2017 $1,170 $293,490 $166,400 $127,090
2015 $1,285 $293,490 $166,400 $127,090
2011 -- $429,000 $290,080 $138,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 82700

APN: 8516-01-0099