NOT LISTED FOR SALE

240 Mount Admire Rd Cullowhee, NC 28723

Estimated Value: $1,160,000 - $2,083,000

3 Beds
3 Baths
-- Sq Ft
13.24 Acres

Last Sold August 22, 2022

Last sale price $1,300,000

Est. 23% increase in value since last sale

Current estimated payment $8,999/month

Highlights

  • Newly Remodeled
  • River View
  • Vaulted Ceiling
  • Gated Community
  • 13.24 Acre Lot
  • Wood Flooring

About This Home

As of August 2022

A slice of mountain paradise awaits the fisherman, the artist, or any nature lover at this beautiful riverfront estate. This rocky mountain log home features 3bdrms/4bath, a bonus office/room, a loft and gorgeous large timber craftsmanship.. The main suite and an office or bonus room suite are located on the main level, with two additional guest suites and a large loft upstairs. On the covered wrap around decks, relax and revive to the tunes from the river that float up on the breeze. This 13.24 acre estate offers approximately 1800 feet of beautiful frontage on the Tuckasegee River! Nature trails have been tastefully carved down to the river, along the river and throughout the 13 acres. Mature, native gardens line the hillside view from the home down to the river. A large meadow just steps away from the home provides for ample room to garden, fun and games, a second homesite and more. This beautiful home and land has exceptional mountain charm, peace, and privacy.

Last Agent to Sell the Property

Elizabeth Harris

McKee Properties Brokerage Phone: 8287433411 License #215864 Listed on: 06/14/2022

Last Buyer's Agent

Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,310

Year Built

  • Built in 2004 | Newly Remodeled

Lot Details

  • 13.24 Acre Lot
  • River Front
  • Garden

HOA Fees

  • $67 Monthly HOA Fees

Home Design

  • Log Siding

Interior Spaces

  • Furnished
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Workshop
  • Wood Flooring
  • River Views
  • Microwave
  • Dryer

Bedrooms and Bathrooms

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

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 68
  • Assessor Parcel Number 7555-87-3510

Community Details

Overview

  • Cullowhee Forest Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,310

Year Built

Built in 2004 | Newly Remodeled

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 13.24
  • Road Surface Type: Gravel
  • Subdivision Name: Cullowhee Forest
  • Directions: From Cashiers take Highway 107S. In 8 miles turn left onto Cullowhee Forest Rd. Follow rd through 2 gate(ask list agent for codes) for 2 miles. Mount Admire Rd is on left. Home is at end of road.
  • Architectural Style: Log Home
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: Yes
  • Year Built: 2004
  • Attribution Contact: 8287433411
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: NewHome

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Gas Oven, Microwave, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Bath/Stubbed, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Vaulted Ceiling(s), Walk-In Closet(s), Workshop

Exterior Features

  • Lot Features: Partially Cleared
  • View: River
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Log
  • Exterior Features: Garden
  • Other Structures: Workshop
  • Patio And Porch Features: Rear Porch, Front Porch, Porch, Side Porch

Garage/Parking

  • Parking Features: Paved

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 800.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 576734.4
  • Parcel #: 7555-87-3510
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 3310.5
  • Tax Lot: 68
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Aug 22, 2022
Sold by
Young Stephen S
Bought by
Young Margaret Annette and West Fork Family Llc
Seller's Agent
Elizabeth Harris
McKee Properties
Buyer's Agent
Non Member
Non-Member Office
List Price
$1,350,000
Sold Price
$1,300,000
Premium/Discount to List
-$50,000
-3.7%
Current Estimated Value
$1,599,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,747
Avg. Annual Appreciation
6.81%
Original Mortgage
$910,000
Outstanding Balance
$870,213
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$729,534

Purchase Details

Closed on
Oct 28, 2019
Sold by
Palumbo Melanie A
Bought by
Young Stephen S

Purchase Details

Closed on
Mar 22, 2018
Sold by
Robert A Palumbo Ret
Bought by
Melanie A Palumbo Ret

Purchase Details

Closed on
Oct 30, 2009
Sold by
Palumbo Robert A
Bought by
Palumbo Robert A and Robert A Palumbo Revocable Trust
Source: Public Records

Range of Values:

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Average Value
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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
Young Margaret Annette $1,300,000 Coward Hicks & Siler Pa
Young Stephen S $850,000 --
Melanie A Palumbo Ret -- --
Palumbo Robert A -- --
Palumbo Robert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Margaret Annette $910,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2022 08/22/22 Sold $1,300,000 -3.7% --
07/17/2022 07/17/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $1,350,000 -- --
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 $5,405 $1,422,457 $238,950 $1,183,507
2024 $3,113 $819,080 $208,520 $610,560
2023 $3,478 $819,080 $208,520 $610,560
2022 $3,493 $819,080 $208,520 $610,560
2021 $3,113 $819,080 $208,520 $610,560
2020 $3,479 $836,710 $182,160 $654,550
2019 $3,479 $836,710 $182,160 $654,550
2018 $3,479 $836,710 $182,160 $654,550
2017 $3,396 $836,710 $182,160 $654,550
2015 $4,028 $836,710 $182,160 $654,550
2011 -- $1,316,590 $275,970 $1,040,620
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    Elizabeth Harris

    McKee Properties

    Section Image

  • N

    Buyer's Agent in 2022

    Non Member

    Non-Member Office

See All Agents

Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 99190

APN: 7555-87-3510

North Carolina Jackson County Cullowhee 28723

240 Mount Admire Rd, Cullowhee, NC

This home is located at 240 Mount Admire Rd, Cullowhee, NC 28723 since 14 June 2022 and is currently estimated at $1,599,747. This property was built in 2004. 240 Mount Admire Rd is a home located in Jackson County with nearby schools including Cullowhee Valley School and Smoky Mountain High School.

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