$89,000
SOLD AUG 1, 2014

282 Searcy Mountain Rd Cullowhee, NC 28723

-- Bed
-- Bath
-- Sq Ft
1.29 Acres

Recently Sold

1% Below List Price

44 Days on Market

Highlights

  • Private Lot
  • Ranch Style House
  • Vinyl Flooring
  • Wooded Lot

About This Home

As of June 2016

BACK ON MARKET WITH BRAND NEW ROOF!NEW VINYL FLOORING AND DROP CEILING IN UNIT#2 BATHROOM & KITCHEN-GREAT INVESTMENT FOR FAMILIES WITH INCOMING WCU STUDENTS TO LIVE AND HAVE RENTAL INCOME. PRIVACY OF A 2 UNIT DUPLEX ON 1.29 ACRES-EACH UNIT IS APROX. 780 SF-STOVE,REF,DISHWASHER -UNIT#1 & STOVE,REF UNIT#2-COMMUNITY WELL @$10 MONTHLY-GREAT RENTAL HISTORY-COULD BE EASILY CONVERTED TO SINGLE FAMILY HOME. 24 HOURS NOTICE TO SHOW-CALL JAYNE-TENANTS

Last Agent to Sell the Property

Jayne Buchanan

Jackson County Realty, Inc. License #228151 Listed on: 05/19/2014

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $635

Year Built

  • Built in 1968

Lot Details

  • Private Lot
  • Level Lot
  • Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House

Flooring

  • Vinyl Flooring

Listing and Financial Details

  • Assessor Parcel Number 7559398292

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$635

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.98999
  • Ratio Close Price By Original Li: 0.98999
  • Ratio Current Price By Acre: 68992.25
  • Year Built: 1968
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl, Carpet

Exterior Features

  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating: Electric Baseboard Heat, Electric Hot Air, No A/C
  • Sewer: Septic Tank
  • Water: Shared Well

Lot Info

  • Lot Dimension: 1.29
  • Lot Features: Level, Private, Sloping, Winter View, Wooded
  • Lot Size Area: 1.290
  • Parcel Number: 7559398292
  • Plat Reference Section Pages: 1138
  • Zoning Specification: R-1

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2016
Closed on
Jun 17, 2016
Sold by
Sawyer James Dewey and Johnson Sawyer Alyson P
Bought by
Peoples Enterprises Llc
Seller's Agent
Patricia Stanberry
Apple Realty, LLC
Buyer's Agent
Patricia Stanberry
Apple Realty, LLC
List Price
$107,000
Sold Price
$107,000
Current Estimated Value
$315,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,237
Avg. Annual Appreciation
12.67%
Original Mortgage
$90,000
Outstanding Balance
$72,808
Interest Rate
3.58%
Mortgage Type
Commercial
Estimated Equity
$242,429

Purchase Details

Listed on
May 19, 2014
Closed on
Aug 1, 2014
Sold by
Tensi Stephen M and Tensi Ruth Ann
Bought by
Sawyer James Dewey and Johnson Sawyer Alyson P
Seller's Agent
Jayne Buchanan
Jackson County Realty, Inc.
Buyer's Agent
Non Member
Canopy Administration
List Price
$89,900
Sold Price
$89,000
Premium/Discount to List
-$900
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.24%
Original Mortgage
$79,200
Interest Rate
4.16%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed -- Attorney
Warranty Deed $86,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $90,000 Commercial
Closed $90,000 Commercial
Previous Owner $79,200 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2016 06/20/16 Sold $107,000 0.0% $68 / Sq Ft
05/21/2016 05/21/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $107,000 +20.2% $68 / Sq Ft
08/01/2014 08/01/14 Sold $89,000 -1.0% --
07/02/2014 07/02/14 Pending -- -- --
05/19/2014 05/19/14 For Sale $89,900 -- --
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 $635 $167,020 $47,860 $119,160
2023 $885 $167,020 $47,860 $119,160
2022 $881 $166,090 $47,860 $118,230
2021 $631 $166,090 $47,860 $118,230
2020 $511 $90,160 $30,030 $60,130
2019 $511 $90,160 $30,030 $60,130
2018 $511 $90,160 $30,030 $60,130
2017 $502 $90,160 $30,030 $60,130
2015 $408 $90,160 $30,030 $60,130
2011 -- $115,600 $34,030 $81,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM562279

Canopy MLS (Canopy Realtor® Association)

APN: 7559-39-8292