NOT LISTED FOR SALE

31 Red Maple Rd Cullowhee, NC 28723

Estimated Value: $815,088 - $903,000

3 Beds
3.5 Baths
-- Sq Ft
16.05 Acres

Last Sold November 15, 2022

Last sale price $737,000

Est. 17% increase in value since last sale

Current estimated payment $5,034/month

117 Days on Market

Highlights

  • Gated Community
  • Wooded Lot
  • Wood Flooring
  • Mountain View
  • Cathedral Ceiling
  • Wrap Around Porch

About This Home

As of November 2022

EAST OF THE SUN, WEST OF THE MOON LIES ONE OF WNC BEST KEPT SECRETS! This is your golden opportunity to own this beautifully, lovingly, designed Frank Lloyd Wright-inspired 3/3.5 + bonus room home. This home has an updated kitchen, encapsulated crawlspace by moldX, newer paint, new HVAC, and refinished hardwood floors The owners designed this home to entertain family and friends inside and out. It offers soaring ceilings, a big stone fireplace in the great room, three bedrooms with en-suite baths, a window-lined dining room, a bonus room, and a wraparound porch with a new hot tub and plenty of space to dine and entertain alfresco. Cullowhee Forest is a dog-friendly community and has newly installed fiber throughout the community. This is one of the best view homes in Cullowhee Forest with "one of a kind" long-range mountain vistas and a rare view of High Falls in the distance. Just a 10-15 min walk away and you are at Hatcher Falls, a breathtaking 50'+ waterfall near the edge of the Cullowhee Forest enclave, all for the private enjoyment of Cullowhee Forest's owners. There you can cross the Tuckaseegee River and you are a short hike to High Falls with its breathtaking double falls with a 150' drop that offers great swimming holes, rock climbing, and kayaking when they release the dam four times a year (that you can see and hear from your own covered porch). Cullowhee Forest contains thoughtfully grouped homes and buildable lots that take advantage of the beautiful views while maintaining significant private nature space. Due to the large lot sizes in Cullowhee Forest, "living here is like being in your forest" where you can hike, visit magnificent private and public waterfalls, bold creeks and even fly fish or kayak the Tuckaseegee River. While secluded, this property is centrally located to Lake Glenville, Cashiers, Highlands, Franklin, and Sylva. This home has views that will last a lifetime but this opportunity to own it will not.

Last Listed By

Dan Doughty

KELLER WILLIAMS GREAT SMOKIES Brokerage Phone: 8285264525 License #300273 Listed on: 05/24/2022

KELLER WILLIAMS GREAT SMOKIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,847

Year Built

  • Built in 1989

Lot Details

  • 16.05 Acre Lot
  • Steep Slope
  • Wooded Lot
  • Garden

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • Circular Driveway

Home Design

  • Frame Construction
  • Shingle Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Mountain Views
  • Crawl Space
  • Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 7555-48-5088

Community Details

Overview

  • Cullowhee Forest Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,847

Year Built

Built in 1989

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 16.05
  • Road Surface Type: Gravel
  • Co List Office Mls Id: 354
  • Co List Office Phone: 828-526-4525
  • Subdivision Name: Cullowhee Forest
  • Directions: From Cashiers Crossroads (Intersection of Routes 64 & 107): Go north on Rte 107 to left on Pine Creek Road, then right on Cullowhee Mountain Road for approx 2.3 miles then turn right at the gated entrance to the Cullowhee Forest community. Stay on Cullowhee Forest Road for approx 1.5 miles until you see the road split stay to the right and it will be the first house on the left.
  • Architectural Style: Bungalow, Craftsman
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half, Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1989
  • Attribution Contact: 8285264525
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space, None
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Masonry, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior Features

  • Lot Features: Partially Cleared, Rolling Slope, Steep Slope, Wooded, Waterfall
  • View: Mountain(s)
  • View: Yes
  • Construction Type: Frame, Stone, Wood Siding
  • Exterior Features: Garden
  • Patio And Porch Features: Covered, Front Porch, Porch, Wrap Around
  • Roof: Metal, Shingle

Garage/Parking

  • Parking Features: Circular Driveway, Gravel, None

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Sewer Applied for Permit, Septic Tank
  • Utilities: Fiber Optic Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Gated, Park, Trails/Paths
  • Association Fee: 900.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 699138.0
  • Parcel #: 7555-48-5088
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 1847.43
  • Tax Lot: 28
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2025
Sold by
Jefcoat Ricky Joe and Jefcoat Caridad Piloto
Bought by
Pilot Group Llc
Total Days on Market
117
Current Estimated Value
$859,044

Purchase Details

Listed on
May 24, 2022
Closed on
Nov 15, 2022
Sold by
Karavan Enterprises Llc
Bought by
Jefcoat Ricky Joe and Jefcoat Caridad Piloto
Seller's Agent
Dan Doughty
KELLER WILLIAMS GREAT SMOKIES
Buyer's Agent
Daniel Allen
SILVER CREEK REAL ESTATE GROUP, INC.
List Price
$875,000
Sold Price
$737,000
Premium/Discount to List
-$138,000
-15.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$552,750
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2019
Closed on
Jul 8, 2019
Sold by
White Alice S and White Robert A
Bought by
Karavan Enterprises Llc
Seller's Agent
Dan Doughty
KELLER WILLIAMS GREAT SMOKIES
Buyer's Agent
Dan Doughty
KELLER WILLIAMS GREAT SMOKIES
List Price
$429,000
Sold Price
$360,000
Premium/Discount to List
-$69,000
-16.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.77%

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
Pilot Group Llc -- None Listed On Document
Pilot Group Llc -- None Listed On Document
Jefcoat Ricky Joe $737,000 Accommodation/Courtesy Recordi
Karavan Enterprises Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jefcoat Ricky Joe $552,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2022 11/15/22 Sold $737,000 -15.8% --
11/14/2022 11/14/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $875,000 +143.1% --
07/09/2019 07/09/19 Sold $360,000 -16.1% --
05/11/2019 05/11/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $429,000 -- --
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
2024 $2,076 $546,230 $199,060 $347,170
2023 $2,361 $546,230 $199,060 $347,170
2022 $1,965 $449,520 $199,060 $250,460
2021 $1,708 $449,520 $199,060 $250,460
2020 $1,783 $421,380 $198,320 $223,060
2019 $1,782 $421,380 $198,320 $223,060
Source: Public Records

Agents Affiliated with this Home

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Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 99026

APN: 7555-48-5088