NOT LISTED FOR SALE

331 Broken Oak Trail Cullowhee, NC 28723

Estimated Value: $904,000 - $1,181,000

3 Beds
4.5 Baths
1,156 Sq Ft
$863/Sq Ft Est. Value

Last Sold December 14, 2020

Last sale price $649,000 $561 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,763/month

179 Days on Market

Highlights

  • River Front
  • Gated Community
  • Vaulted Ceiling
  • Panoramic View
  • Deck
  • Wood Flooring

About This Home

As of December 2020

Extremely Rare, One of a Kind Property, Located on One of the most Amazing Water Features in the Glenville Area, on Mill Creek Falls.. As you pass thru the Gates at Broken oak Trail and arrive at the home, you will start to hear the wonderful White Noise of Mill Creek as it slides down at the back of the Home. And as you Make your way onto the back Decks, You appear to be floating over a fabulous +/-20ft wide by +/-120ft long Sliding Rock Water feature. As its cascading on down and around, it makes its way to Lake Glenville, the white noise you heard once you approached the home, soon turns into the sounds of a Rushing River. The Sounds and Beauty of this Water Feature quickly make you forget about the stress and worries of daily life, as you settle into the romance of tranquility that this Mountain Property offers. The Home Features: Soaring Vaulted Ceilings, 2 Fireplaces on the Main Level, Generous Master Bedroom and Bath on the Main, Bedroom and Bath on the Upper Level with 2 Additional Loft areas, Kitchen with Large Pantry, Additional Living Room and Dining area on the Main, Large Decks on the Main and Lower Area, Lower Level Guest Suite with Bath, 2 Car Garage with Workshop, and an Elevator from the Garage up to the Main Level of the Home. JACKSON COUNTY LISTS THE APPROX SQFT OF THE HOME AT +/- 3731. The Property allows for Easy access to Lake Glenville and Downtown Cashiers. Septic System was just recently expanded to a 4 bedroom system...be sure to check out video of the home.

Last Agent to Sell the Property

Rob Whitney

Cashiers Sotheby's International Realty Brokerage Phone: 8287432030 Listed on: 04/13/2020

Cashiers Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,635

Year Built

  • Built in 1991

Lot Details

  • 0.74 Acre Lot
  • Home fronts a stream
  • River Front
  • Steep Slope
  • Garden

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • Elevator
  • Wired For Sound
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Workshop
  • Panoramic Views
  • Home Security System
  • Dryer

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Finished Basement

  • Heated Basement
  • Walk-Out Basement

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 7554-34-5191

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,635

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.74
  • Road Surface Type: Paved
  • Water Body Name: Mill Creek
  • Subdivision Name: None
  • Directions: From Cashiers, 107N to Pine Creek Road on your Left. Turn left and proceed to N.Norton split on the left. Take N. Norton road until you reach Broken Oak Trail on the Left, right before you go over the bridge of mill creek. Go thru the gates, and to the end of the road, which will dead end into the property. You will need gate code.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1991
  • Attribution Contact: 8287432030
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Has Basement: Finished, Heated, Partial, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Den, Gas Log, Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Separate/Formal Dining Room, Elevator, Jetted Tub, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Workshop, Wired for Sound, Instant Hot Water

Exterior Features

  • Lot Features: Level, Partially Cleared, Rolling Slope, Steep Slope, Waterfall
  • View: Panoramic, Rocks, Creek/Stream
  • View: Yes
  • Waterfront Features: River Front, Stream
  • Waterfront: Yes
  • Disclosures: Flood Plain Disclosure
  • Construction Type: Frame
  • Exterior Features: Garden, Satellite Dish
  • Patio And Porch Features: Rear Porch, Covered, Deck, Front Porch, Porch
  • Roof: Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Two Car Garage, Gravel

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Electric, Gas, Heat Pump
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Septic Tank
  • Utilities: High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Gated
  • Association: No

Lot Info

  • Lot Size Sq Ft: 32234.4
  • Parcel #: 7554-34-5191
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 2635.28
  • Tax Lot: na
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2020
Closed on
Dec 11, 2020
Sold by
Jared O Alan O and Jared Molly W
Bought by
Macdonald Grant Paul and Care Sean Stephen
Seller's Agent
Rob Whitney
Cashiers Sotheby's International Realty
List Price
$699,000
Sold Price
$649,000
Premium/Discount to List
-$50,000
-7.15%
Current Estimated Value
$997,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,898
Avg. Annual Appreciation
9.63%
Original Mortgage
$510,400
Interest Rate
2.8%
Mortgage Type
New Conventional
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
Macdonald Grant Paul $649,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macdonald Grant Paul $415,000
Closed Macdonald Grant Paul $510,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2020 12/14/20 Sold $649,000 -7.2% $561 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
04/13/2020 04/13/20 For Sale $699,000 -- $605 / Sq Ft
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
2025 $3,917 $1,030,723 $220,940 $809,783
2024 $2,373 $624,540 $85,940 $538,600
2023 $2,682 $624,540 $85,940 $538,600
2022 $2,682 $624,540 $85,940 $538,600
2021 $2,373 $624,540 $85,940 $538,600
2020 $2,635 $632,600 $38,040 $594,560
2019 $2,635 $632,600 $38,040 $594,560
2018 $2,635 $632,600 $38,040 $594,560
2017 $2,572 $632,600 $38,040 $594,560
2015 $2,474 $632,600 $38,040 $594,560
2011 -- $802,000 $53,890 $748,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 93255

APN: 7554-34-5191