NOT LISTED FOR SALE

2881 Old Cullowhee Rd Cullowhee, NC 28723

Estimated Value: $167,000

2.52 Acres
$66,270 Price per Acre
109,771 Sq Ft Lot

Last Sold March 20, 2024

Last sale price $160,000

Est. 4% increase in value since last sale

Current estimated payment $966/month

Highlights

  • No HOA
  • Views
  • Home fronts a stream

About This Lot

As of March 2024

2.52 acres of commercially zoned land on Old Cullowhee Road, walking distance to WCU campus in a thriving area posed for future development. The property feature flat buildable land on the road frontage and two homes of no declared tax value. Access is easy on state maintained and paved Old NC 107. Don't overlook this valuable investment opportunity.

Last Listed By

Caitlin Jackson

Western Carolina Properties-Dillsboro Brokerage Phone: 8285863442 License #324730 Listed on: 12/12/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $611

Year Built

  • 1935

Lot Details

  • 2.52 Acre Lot
  • Home fronts a stream
  • Property fronts a highway

Utilities

  • Well
  • Septic Tank

Additional Features

  • Property Views

Community Details

  • No Home Owners Association
  • Old Cullowhee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7559560637

Property Details

Property Type

Land

Est. Annual Taxes

$611

Year Built

1935

Lot Details

0

Listing Details

  • Property Sub Type: Land,House Included,Commercial
  • Prop. Type: Land
  • Lot Size Acres: 2.52
  • Road Frontage Type: Highway, State Road
  • Road Surface Type: Paved, Paved Road
  • Ownership: Does Not Own
  • Subdivision Name: Old Cullowhee
  • Directions: From Sylva head south on Highway 107 towards Cullowhee. Take a left turn at the light on to Old Cullowhee Rd drive about 3 miles and the property is on the left right before Roger Bro's
  • Habitable Residence: Yes
  • Attribution Contact: 8285863442
  • Special Features: None
  • Year Built (Public Record): 1935

Interior Features

  • Possible Use: Other

Exterior Features

  • Lot Features: None
  • View: Yes
  • Waterfront Features: Branch/Stream
  • Waterfront Elevation: 2100
  • Other Structures: House As Is

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 109771.2
  • Parcel #: 7559560637
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 611.02
  • Tax Book Number: 427

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2023
Closed on
Mar 20, 2024
Sold by
Polk Hawley Jeffrey and Byrd Lynette
Bought by
Old Cullowhee Properties Llc
Seller's Agent
Caitlin Jackson
Western Carolina Properties-Dillsboro
Buyer's Agent
Caitlin Jackson
Western Carolina Properties-Dillsboro
List Price
$168,000
Sold Price
$160,000
Premium/Discount to List
-$8,000
-4.76%
Total Days on Market
0
Views
25
Current Estimated Value
$167,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,000

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 Buyer Sale Price Title Company
Old Cullowhee Properties Llc $160,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2024 03/20/24 Sold $160,000 -4.8% --
12/13/2023 12/13/23 Pending -- -- --
12/12/2023 12/12/23 For Sale $168,000 -- --
Source: Carolina Smokies Association 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
2023 $486 $127,900 $98,660 $29,240
2022 $611 $127,900 $98,660 $29,240
2021 $486 $127,900 $98,660 $29,240
2020 $429 $90,760 $65,770 $24,990
2019 $429 $90,760 $65,770 $24,990
2018 $429 $90,760 $65,770 $24,990
2017 $420 $90,760 $65,770 $24,990
2015 $389 $90,760 $65,770 $24,990
2011 -- $109,060 $87,700 $21,360
Source: Public Records

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Source: Carolina Smokies Association of REALTORS®

MLS Number: 26035392

APN: 7559-56-0637