NOT LISTED FOR SALE

306 Falls Cove Rd Cullowhee, NC 28723

Estimated Value: $583,000

2 Beds
2 Baths
-- Sq Ft
2.4 Acres

Last Sold August 26, 2020

Last sale price $600,000

Est. 3% decrease in value since last sale

Current estimated payment $3,743/month

780 Days on Market

Highlights

  • Lake Front
  • 2.4 Acre Lot
  • Deck
  • Docks
  • Community Lake
  • Eat-In Kitchen

About This Home

As of August 2020

Tucked away in the quite Falls Cove neighborhood is this charming lakefront cabin. Norton Falls, the largest waterfall on the lake, is only a few hundred feet from the dock and the relaxing sounds of rushing water can be heard throughout the house. The deck on the back of the home is the perfect place to sit and enjoy the fantastic waterfall and lake view while enjoying your morning coffee. Throughout the home you'll find gorgeous wood details that provide an earthy feel. The home has two bedrooms on the main level, and the lower level has additional bonus rooms. The kitchen has been updated with stainless steel appliances. The neighboring lot is also for sale, and combining the two would provide you with a fantastic lakefront estate! A rare find on Lake Glenville, legal research has found no set-back requirement from Duke lake boundary.

Last Agent to Sell the Property

Ray Trine

Silver Creek Real Estate Group, Inc. Brokerage Phone: 8287431999 Listed on: 05/10/2018

Last Buyer's Agent

Dan Allen

Silver Creek Real Estate Group, Inc. License #216684

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,954

Year Built

  • Built in 1950

Lot Details

  • 2.4 Acre Lot
  • Lake Front
  • Lot Has A Rolling Slope
  • Garden

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Lake Views
  • Eat-In Kitchen
  • Dryer

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Docks
  • Deck

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Well
  • Septic Tank

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 7553-98-9212

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,954

Year Built

Built in 1950

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.4
  • Water Body Name: Lake Glenville
  • Subdivision Name: None
  • Directions: From Crossroads of 107 and 64 take Highway 107 North to left on North Norton Road at Blue Ridge School. Keep right at fork and continue to right on Toby Bryson Road. Take next road on the right which is Falls Cove Road. Continue on Falls Cove Road to second real estate sign on your right. Gravel drive curves down towards home.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1950
  • Attribution Contact: 8287431999
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Negotiable
  • Appliances: Dryer, Electric Oven, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Finished, Other
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Interior Amenities: Eat-in Kitchen

Exterior Features

  • Lot Features: Partially Cleared, Rolling Slope, Waterfall
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Dock, Garden, Satellite Dish
  • Foundation Details: Block
  • Patio And Porch Features: Rear Porch, Deck, Side Porch
  • Roof: Shingle

Garage/Parking

  • Parking Features: Gravel, Parking Lot

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Wood
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 100.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 104544.0
  • Parcel #: 7553-98-9212
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 2954.0
  • Tax Lot: 0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
Aug 26, 2020
Sold by
Bright Timothy P and Bright Susan
Bought by
Fugit James Douglas
Seller's Agent
Ray Trine
Silver Creek Real Estate Group, Inc.
Buyer's Agent
Dan Allen
Silver Creek Real Estate Group, Inc.
List Price
$735,000
Sold Price
$600,000
Premium/Discount to List
-$135,000
-18.37%
Current Estimated Value
$583,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,000
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Fugit James Douglas $600,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2020 08/26/20 Sold $600,000 -18.4% --
08/19/2020 08/19/20 Pending -- -- --
05/10/2018 05/10/18 For Sale $735,000 -- --
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
2020 -- $481,180 $400,000 $81,180
2019 -- $481,180 $400,000 $81,180
2018 -- $481,180 $400,000 $81,180
2017 -- $481,180 $400,000 $81,180
2015 -- $481,180 $400,000 $81,180
2011 -- $716,640 $600,000 $116,640
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Ray Trine

    Silver Creek Real Estate Group, Inc.

    (828) 506-8520

    16 in this area

    58 Total Sales

    Ray Trine
    Section Image

  • D

    Buyer's Agent in 2020

    Dan Allen

    Silver Creek Real Estate Group, Inc.

    (828) 508-2107

    50 in this area

    163 Total Sales

    Dan Allen
    Section Image
See All Agents

Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 88303

APN: 7553-98-9212

North Carolina Jackson County Cullowhee 28723

306 Falls Cove Rd, Cullowhee, NC

This home is located at 306 Falls Cove Rd, Cullowhee, NC 28723 since 10 May 2018 and is currently priced at $583,000. This property was built in 1950. 306 Falls Cove Rd is a home located in Jackson County with nearby schools including Blue Ridge School and Smoky Mountain High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes