NOT LISTED FOR SALE

250 Bonanza Dr Cullowhee, NC 28723

Estimated Value: $1,054,371 - $1,321,000

3 Beds
2 Baths
2,392 Sq Ft
$487/Sq Ft Est. Value

Last Sold May 09, 2019

Last sale price $615,000 $257 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $6,580/month

301 Days on Market

Highlights

  • Panoramic View
  • 4.46 Acre Lot
  • Wood Flooring
  • Built-In Refrigerator
  • Cathedral Ceiling
  • No HOA

About This Home

As of May 2019

This fantastic log home with huge long-range views of mountain ranges and Lake Glenville is a must-see. The over four-acre property is a rare opportunity to own land that is almost flat until the edge, where it falls away for a stunning view. All of the living areas are on the main floor, with two lofts for an extra office, bunk beds, or play areas. The spacious interior offers high vaulted ceilings and warm wood details. Large wrap-around porches provide plenty of room for entertaining, grilling, or admiring the view from one of the porch swings. The backyard on the view side is terraced with a stone patio and fire pit, providing plenty of room for family fun. The views are amazing from over 4,000 feet of elevation, overlooking farmland, Christmas tree farms, and beyond to Lake Glenville in the valley below. Past Lake Glenville, multiple mountain ranges can be seen all the way to the Blue Ridge Parkway, probably 40 miles away!

Last Agent to Sell the Property

Ray Trine

Silver Creek Real Estate Group, Inc. Brokerage Phone: 8287431999 Listed on: 06/18/2018

Last Buyer's Agent

Dan Allen

Silver Creek Real Estate Group, Inc. License #216684

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,132

Year Built

  • Built in 1994

Lot Details

  • 4.46 Acre Lot
  • Garden

Property Views

  • Lake
  • Panoramic
  • Mountain

Home Design

  • Metal Roof
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Wood Flooring
  • Crawl Space
  • Dryer

Kitchen

  • Breakfast Bar
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7554-51-1716

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,132

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.46
  • Subdivision Name: None
  • Directions: From Cashiers take Highway 107 North. Turn onto North Norton at Blue Ridge School. Stay right at forks and go approx. 2.6 miles on North Norton Road. You will pass Lloyd Hooper Road on the right and keep going up hill until you see a gravel drive on the edge of the big field. This is Bonanza Drive. Follow Bonanza past field and road wraps around the log cabin on the right. This is it!!!!!!!!
  • Architectural Style: Log Home
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1994
  • Attribution Contact: 8287431999
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Refrigerator, Dryer, Dishwasher, Electric Oven, Disposal, Microwave, Warming Drawer, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Cathedral Ceiling(s), Vaulted Ceiling(s)
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Level, Partially Cleared
  • View: Lake, Mountain(s), Panoramic
  • View: Yes
  • Disclosures: Other
  • Construction Type: Log
  • Exterior Features: Fire Pit, Garden, Satellite Dish
  • Patio And Porch Features: Rear Porch, Covered, Front Porch, Side Porch
  • Roof: Metal

Garage/Parking

  • Parking Features: Gravel, None

Utilities

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

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Lot Info

  • Lot Size Sq Ft: 194277.6
  • Parcel #: 7554-51-1716
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 2132.0
  • Tax Lot: n/a
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2020
Sold by
Club Lodges At Trillium Llc
Bought by
Vacation Trust
Current Estimated Value
$1,166,093

Purchase Details

Listed on
Jun 18, 2018
Closed on
May 6, 2019
Sold by
Kyle Steven J and Kyle Judy
Bought by
Arthut G T
Seller's Agent
Ray Trine
Silver Creek Real Estate Group, Inc.
Buyer's Agent
Dan Allen
Silver Creek Real Estate Group, Inc.
List Price
$725,000
Sold Price
$615,000
Premium/Discount to List
-$110,000
-15.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.42%
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
Vacation Trust $18,000 Old Republic National Title
Vacation Trust $18,000 Old Republic National Title
Arthut G T $615,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2019 05/09/19 Sold $615,000 -15.2% $257 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
06/18/2018 06/18/18 For Sale $725,000 -- $303 / 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
2025 $4,399 $1,157,640 $217,560 $940,080
2024 $2,806 $738,460 $161,490 $576,970
2023 $3,148 $738,460 $161,490 $576,970
2022 $3,148 $738,460 $161,490 $576,970
2021 $2,806 $738,460 $161,490 $576,970
2020 $2,184 $520,690 $134,660 $386,030
2019 $2,184 $520,690 $134,660 $386,030
2018 $2,184 $520,690 $134,660 $386,030
2017 $2,132 $520,690 $134,660 $386,030
2015 $2,130 $520,690 $134,660 $386,030
2011 -- $686,420 $201,070 $485,350
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Ray Trine

    Silver Creek Real Estate Group, Inc.

    (828) 506-8520

    15 in this area

    54 Total Sales

    Ray Trine
    Section Image

  • D

    Buyer's Agent in 2019

    Dan Allen

    Silver Creek Real Estate Group, Inc.

    (828) 508-2107

    49 in this area

    164 Total Sales

    Dan Allen
    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 88660

APN: 7554-51-1716

North Carolina Jackson County Cullowhee 28723

250 Bonanza Dr, Cullowhee, NC

This home is located at 250 Bonanza Dr, Cullowhee, NC 28723 since 18 June 2018 and is currently estimated at $1,166,093, approximately $487 per square foot. This property was built in 1994. 250 Bonanza Dr is a home located in Jackson County with nearby schools including Blue Ridge School and Smoky Mountain High School.

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