NOT LISTED FOR SALE

290 Gem Creek Rd Cullowhee, NC 28723

Estimated Value: $301,000 - $457,000

2 Beds
2 Baths
-- Sq Ft
0.77 Acres

Last Sold September 16, 2021

Last sale price $220,000

Est. 66% increase in value since last sale

Current estimated payment $2,025/month

96 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • No HOA
  • Deck
  • Main Floor Primary Bedroom
  • Country Kitchen

About This Home

As of September 2021

If you are looking for a beautiful home nestled in the Smoky mountains with total peace and quiet, then your search is over. Sitting at 3,360' elevation, this beautiful 2 bed/2 bath home has 1,050 sq/ft of finished living space and an unfinished basement that is already framed, insulated, has one bedroom almost complete and is waiting to be finished to add an additional 1,050 sq/ft of living space. Enjoy the amazing views of the mountains while relaxing on over 250sq/ft of outdoor partially covered deck space, or enjoy sitting around the fire pit in the back yard. This private home is nestled on .77 acres in a beautiful area, approximately 1 mile from the public boat landing and public beach at Lake Glenville. One thing this home has is reliable high speed internet (not satellite internet). This home is perfect for the avid fisherman or outdoors type, or for someone who just wants to enjoy the peace and quiet that nature has to offer.

Last Agent to Sell the Property

Jeffery Mccardle

Apple Realty, LLC Brokerage Phone: 8285067229 License #323659 Listed on: 05/10/2021

Last Buyer's Agent

Jeffery Mccardle

Apple Realty, LLC Brokerage Phone: 8285067229 License #323659 Listed on: 05/10/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $737

Year Built

  • Built in 2008

Lot Details

  • 0.77

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Insulated Windows
  • Combination Dining and Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Country Kitchen
  • Electric Oven or Range
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • 1 Attached Carport Space

Utilities

  • Central Air
  • Heat Pump System
  • Shared Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Deck
  • 0.77 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7545940475

Home Details

Home Type

Single Family

Est. Annual Taxes

$737

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.77
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Subdivision Name: None
  • Directions: Turn onto Cullowhee mountain road. Go approximately 8.5 miles then take right on Gem Creek Rd. Keep left, house will be approximately .3 miles on your right.
  • Architectural Style: Contemporary, Traditional
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 2008
  • Kitchen Level: Second
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8285067229
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Refrigerator, Dryer, Washer, Electric Oven/Range
  • Has Basement: Full, Washer/Dryer Hook-up, Partitioned
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Doors-Screens
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Primary on Main Level, Large Master Bedroom, Living/Dining Room, Open Floorplan, Country Kitchen, Walk-In Closet(s)
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: Second
  • Living Room Living Room Level: Second
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom2 Area: 95
  • Room Living Room Area: 216
  • Room Kitchen Area: 178.5
  • Dining Room Dining Room Level: Second
  • Master Bedroom Master Bedroom Width: 11
  • Room Master Bedroom Area: 154
  • Room Dining Room Area: 136.6667

Exterior Features

  • Lot Features: Elevation over 3000
  • View: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Carport-Single Attached

Utilities

  • Cooling: Central Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Shared Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 33541.2
  • Parcel #: 7545940475
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 736.94
  • Tax Book Number: 2200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
Sep 8, 2021
Sold by
Cabe Ashley and Cabe Travis
Bought by
Allen Kaysie Elizabeth and Dean Jonathan Evan
Seller's Agent
Jeffery Mccardle
Apple Realty, LLC
Buyer's Agent
Jeffery Mccardle
Apple Realty, LLC
List Price
$220,000
Sold Price
$220,000
Current Estimated Value
$364,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,591
Avg. Annual Appreciation
13.21%
Original Mortgage
$222,222
Outstanding Balance
$201,904
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$162,687

Purchase Details

Listed on
Jul 20, 2017
Closed on
Nov 6, 2017
Sold by
Filbert Sarah and Pearson Shane Lee
Bought by
Cabe Ashley and Cabe Travis
Seller's Agent
Mona Gersky
Moondancer Realty
Buyer's Agent
Johnny Ensley
Yellow Rose Real Estate LLC
List Price
$82,500
Sold Price
$82,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.93%
Original Mortgage
$84,500
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Allen Kaysie Elizabeth $220,000 None Available
Cabe Ashley $82,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Kaysie Elizabeth $222,222
Previous Owner Cabe Ashley $84,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2021 09/16/21 Sold $220,000 0.0% --
08/17/2021 08/17/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $220,000 +166.7% --
11/07/2017 11/07/17 Sold $82,500 0.0% $79 / Sq Ft View Prior Sale
10/08/2017 10/08/17 Pending -- -- --
07/20/2017 07/20/17 For Sale $82,500 -- $79 / Sq Ft
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
2025 $1,098 $288,841 $36,160 $252,681
2024 $682 $179,410 $34,150 $145,260
2023 $860 $179,410 $34,150 $145,260
2022 $860 $179,410 $34,150 $145,260
2021 $682 $179,410 $34,150 $145,260
2020 $737 $161,900 $22,730 $139,170
2019 $737 $161,900 $22,730 $139,170
2018 $737 $161,900 $22,730 $139,170
2017 $721 $161,900 $22,730 $139,170
2015 $583 $161,900 $22,730 $139,170
2011 -- $122,020 $32,200 $89,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26019535

APN: 7545-94-0475