NOT LISTED FOR SALE

262 Cullowhee Heights Rd Cullowhee, NC 28723

Estimated Value: $195,000 - $652,000

6 Beds
4 Baths
2,400 Sq Ft
$161/Sq Ft Est. Value

Last Sold September 05, 2018

Last sale price $197,500 $82 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,213/month

152 Days on Market

About This Home

As of September 2018

Prime Investment property located walking distance from the WCU campus . Listing features 2 duplexes.The first duplex has two bedrooms, one bath with large living room and kitchen.The second duplex has one bedroom one bath with a nice open floor plan. There is an additional space for a small mobile or tiny house with connection to city water and septic.

Last Agent to Sell the Property

Sunita Wright

All Pro Property Management License #244315 Listed on: 03/24/2018

Last Buyer's Agent

Jacob Wike

Nexus Realty LLC License #301617

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 1.52

Home Design

  • Duplex
  • Ranch Style House
  • Slab Foundation

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Full Bathrooms

Listing and Financial Details

  • Tenant pays for all except water
  • Rent includes garbage pick-up, management fee, water
  • Assessor Parcel Number 7559-31-1781

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Ranch
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.85870
  • Ratio Close Price By Original Li: 0.85870
  • Ratio Current Price By Acre: 129934.21
  • Ratio Current Price By Sq Ft: 82.29
  • Year Built: 1960
  • Property Features: Attic Other, Range/Oven, Refrigerator
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Equipment: Electric Range, Refrigerator, Electric Oven
  • Flooring: Carpet, Laminate Wood, Vinyl
  • Total Sq Ft: 2400

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Heating: Wall Unit - AC
  • Sewer: Septic Tank
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Cullowhee Valley
  • Middle School: Cullowhee Valley
  • High School: Smokey Mountain

Lot Info

  • Lot Features: Runway Lot
  • Lot Size Area: 1.520
  • Parcel Number: 7559-31-1781
  • Zoning Specification: R1

Rental Info

  • Rent Includes: Garbage Pick-up, Management Fee, Water
  • Tenant Pays: All except water

Tax Info

  • Tax Value: 205140.00
  • Tax Location: Jackson

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2024
Sold by
Yacuzzo Randy Philip and Kelly Anne
Bought by
Cullowhee Heights Llc
Current Estimated Value
$387,947

Purchase Details

Listed on
Mar 24, 2018
Closed on
Sep 5, 2018
Sold by
Silver Brent E and Silvar Anita P
Bought by
Smith Kelly A and Yacuzzo Randy P
Seller's Agent
Sunita Wright
All Pro Property Management
Buyer's Agent
Jacob Wike
Nexus Realty LLC
List Price
$230,000
Sold Price
$197,500
Premium/Discount to List
-$32,500
-14.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.07%
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
Cullowhee Heights Llc -- None Listed On Document
Smith Kelly A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Silver Brent E $238,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2018 09/05/18 Sold $197,500 -14.1% $82 / Sq Ft
08/23/2018 08/23/18 Pending -- -- --
03/24/2018 03/24/18 For Sale $230,000 -- $96 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $834 $219,400 $63,230 $156,170
2023 $1,334 $219,400 $63,230 $156,170
2022 $1,354 $224,660 $67,230 $157,430
2021 $854 $224,660 $67,230 $157,430
2020 $1,116 $205,140 $68,400 $136,740
2019 $1,116 $205,140 $68,400 $136,740
2018 $1,116 $205,140 $68,400 $136,740
2017 $1,095 $205,140 $68,400 $136,740
2015 $1,089 $205,140 $68,400 $136,740
2011 -- $268,820 $92,340 $176,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3373352

Canopy MLS (Canopy Realtor® Association)

APN: 7559-31-1781