NOT LISTED FOR SALE

242 Jitterbug Ln Cullowhee, NC 28723

Estimated Value: $359,242 - $471,000

2 Beds
2 Baths
1,564 Sq Ft
$264/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $301,000 $192 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,215/month

3 Days on Market

Highlights

  • River View
  • Spring on Lot
  • Vaulted Ceiling
  • Deck
  • Wooded Lot
  • Wood Flooring

About This Home

As of January 2022

This well-loved and maintained two-story, two-bedroom, two-bath home with an upstairs bonus room rests on more than three hard-to-find, unrestricted acres near the treasured Tuckasegee River. Nestled in a quiet, established neighborhood, the home's large, south-facing windows in the living area allow lots of light and a view over your front deck, which also has a covered portion, perfect for outdoor dining. The home features unique earth-berming and passive solar for efficiency. The property is wooded and partially cleared, with winter mountain views from the deck and possible year-round views with tree-trimming. The cleared area has great potential for a second building site with mountain views and is sunny and open -- ideal for dogs to run free or for your own grove of fruit trees. A lovingly cultivated, fenced, organic garden site, mature blueberry bushes and a pear tree, a small pasture, and an iconic tin-roof barn all add to the secluded, country aesthetic of the property. Conveniently located to groceries and necessities in nearby Sylva, the home is also close to Western Carolina University, the Jackson County Greenway, and only a five-minute drive to East LaPorte River Access Park Recreation Area, where you can enjoy tubing, fly-fishing, and more on the Tuckasegee. Nearby Cedar Cliff, Bear, and Wolf lakes -- as well as Lake Glenville -- all allow for endless recreation opportunities. Area hiking trails and waterfalls will further enhance your outdoor adventures.

Last Listed By

Dan Allen

SILVER CREEK REAL ESTATE GROUP, INC. Brokerage Phone: 8287431999 License #216684 Listed on: 12/15/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $792

Year Built

  • Built in 1985

Lot Details

  • 3.15 Acre Lot
  • Home fronts a stream
  • South Facing Home
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Garden

Property Views

  • River
  • Mountain

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wired For Sound
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Walk-Out Basement
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Spring on Lot
  • Deck
  • Wrap Around Porch
  • Fire Pit

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Shared Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 7569-24-4500

Home Details

Home Type

Single Family

Est. Annual Taxes

$792

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.15
  • Road Surface Type: Gravel
  • Subdivision Name: None
  • Directions: 107 to Exxon station across from the East LaPorte recreation area. Take the paved road next to Exxon as it veers left and quickly turns to gravel, stay on the gravel road into the valley, paralleling Caney Fork Creek on your right and then a building on the right with heavy equipment. At the dead end, turn left onto Jitterbug Lane, second driveway on the right. Look for real estate sign.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1985
  • Attribution Contact: 8287431999
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Refrigerator, Washer
  • Has Basement: Other, Concrete, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Vaulted Ceiling(s), Wired for Sound
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Partially Cleared, Rolling Slope, Subdivided, Spring, Wooded
  • View: Mountain(s), River, Seasonal View
  • View: Yes
  • Waterfront Features: Stream
  • Disclosures: Other
  • Construction Type: Frame, Wood Siding
  • Direction Faces: South
  • Exterior Features: Fire Pit, Garden, Satellite Dish
  • Foundation Details: Block, Slab
  • Other Structures: Barn(s), Workshop
  • Patio And Porch Features: Rear Porch, Covered, Deck, Front Porch, Porch, Side Porch, Wrap Around
  • Roof: Shingle

Garage/Parking

  • Parking Features: Gravel, None

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Ductless, Electric
  • Cooling Y N: Yes
  • Heating: Ductless, Electric, Gas
  • Heating Yn: Yes
  • Sewer: Septic Permit 2 Bedroom, Septic Tank
  • Utilities: Satellite Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 137214.0
  • Parcel #: 7569-24-4500
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 792.0
  • Tax Lot: 3
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2021
Closed on
Jan 22, 2022
Sold by
Goergen and Thomas
Bought by
Mcquaig Destiny
Seller's Agent
Dan Allen
SILVER CREEK REAL ESTATE GROUP, INC.
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$288,000
Sold Price
$301,000
Premium/Discount to List
$13,000
4.51%
Total Days on Market
3
Current Estimated Value
$386,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,625
Avg. Annual Appreciation
10.24%
Original Mortgage
$285,950
Outstanding Balance
$271,835
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$141,726

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
Mcquaig Destiny $301,000 Carpenter & Guy Pllc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcquaig Destiny $285,950
Closed Mcquaig Destiny $285,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $301,000 +4.5% $192 / Sq Ft
01/25/2022 01/25/22 Pending -- -- --
12/15/2021 12/15/21 For Sale $288,000 -- $184 / 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 $861 $226,670 $56,110 $170,560
2023 $986 $226,670 $56,110 $170,560
2022 $859 $193,120 $56,110 $137,010
2021 $792 $193,120 $56,110 $137,010
2020 $707 $163,830 $43,390 $120,440
2019 $707 $163,830 $43,390 $120,440
2018 $707 $163,830 $43,390 $120,440
2017 $690 $163,830 $43,390 $120,440
2015 $638 $163,830 $43,390 $120,440
2011 -- $197,740 $49,480 $148,260
Source: Public Records

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Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 98040

APN: 7569-24-4500