NOT LISTED FOR SALE

340 Caribou Mountain Cullowhee, NC 28723

Estimated Value: $550,000 - $800,000

2 Beds
3 Baths
-- Sq Ft
1.29 Acres

Last Sold December 02, 2019

Last sale price $430,000

Est. 69% increase in value since last sale

Current estimated payment $4,228/month

3 Days on Market

Highlights

  • Mountain View
  • Deck
  • Wood Flooring
  • Community Lake
  • Cathedral Ceiling
  • Covered Patio or Porch

About This Home

As of December 2019

With deeded access to Lake Glenville and a convenient boat slip, this updated cabin is just a short walk from fun on the lake. Making the most of outdoor country living, the home offers a large covered deck, raised garden beds, chicken and dog runs, and beautifully landscaped grounds on an expansive lot that gently slopes toward the lake. The home also provides new mini-split air conditioners and a one-car garage for added comfort and convenience. Whether you're looking for a great summer getaway, a year-round residence, or a rental opportunity, this charming home is the perfect way to enjoy mountain living on the highest lake east of the Mississippi River.

Last Agent to Sell the Property

Ray Trine

Silver Creek Real Estate Group, Inc. Brokerage Phone: 8287431999 Listed on: 10/01/2019

Last Buyer's Agent

Ray Trine

Silver Creek Real Estate Group, Inc. Brokerage Phone: 8287431999 Listed on: 10/01/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,076

Year Built

  • Built in 1983

Lot Details

  • 1.29 Acre Lot
  • Fenced
  • Lot Has A Rolling Slope
  • Garden

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Furnished or left unfurnished upon request
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Mountain Views
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Cooling Available
  • Heat Pump System
  • Private Water Source
  • Septic Tank

Community Details

  • Split Rail Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 15 Revised
  • Assessor Parcel Number 7555-20-1349

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,076

Year Built

Built in 1983

Lot Details

0

HOA Fees

$58 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.29
  • Water Body Name: Lake Glenville Access
  • Subdivision Name: Split Rail
  • Directions: From Cashiers take Highway 107 North to Pine Creek Road. Go over the dam and all the way to the end of the lake. Turn in Split Rail and stay on Caribou until it starts up hill, home will be on the right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1983
  • Attribution Contact: 8287431999
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Exterior Entry, Finished, Interior Entry, Bath/Stubbed, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Eat-in Kitchen, Kitchen Island

Exterior Features

  • Fencing: Fenced
  • Lot Features: Partially Cleared, Rolling Slope
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Deeded Access
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Garden
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Rear Porch, Covered, Deck, Front Porch, Porch
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, One Car Garage, Gravel

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Heat Pump, Other
  • Cooling Y N: Yes
  • Heating: Heat Pump, Other, See Remarks
  • Heating Yn: Yes
  • Sewer: Sewer Applied for Permit, Septic Tank
  • Utilities: None
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Lake, Water Access
  • Association Fee: 700.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 56192.4
  • Parcel #: 7555-20-1349
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 1076.0
  • Tax Lot: 15 Revised
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2019
Closed on
Nov 27, 2019
Sold by
Shepardson Carole A
Bought by
Wheat Charles J
Seller's Agent
Ray Trine
Silver Creek Real Estate Group, Inc.
Buyer's Agent
Ray Trine
Silver Creek Real Estate Group, Inc.
List Price
$435,000
Sold Price
$430,000
Premium/Discount to List
-$5,000
-1.15%
Current Estimated Value
$728,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,794
Avg. Annual Appreciation
8.01%
Original Mortgage
$230,000
Outstanding Balance
$192,670
Interest Rate
3.2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$473,909
Source: Public Records

Range of Values:

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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
Wheat Charles J $430,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheat Charles J $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2019 12/02/19 Sold $430,000 -1.1% --
10/31/2019 10/31/19 Pending -- -- --
10/01/2019 10/01/19 For Sale $435,000 -- --
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
2025 $2,382 $626,929 $250,000 $376,929
2024 $1,633 $429,690 $100,000 $329,690
2023 $1,899 $429,690 $100,000 $329,690
2022 $1,899 $429,690 $100,000 $329,690
2021 $1,633 $429,690 $100,000 $329,690
2020 $1,076 $245,960 $110,000 $135,960
2019 $1,076 $245,960 $110,000 $135,960
2018 $1,076 $245,960 $110,000 $135,960
2017 $1,051 $245,960 $110,000 $135,960
2015 $1,166 $245,960 $110,000 $135,960
2011 -- $355,710 $110,000 $245,710
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Ray Trine

    Silver Creek Real Estate Group, Inc.

    (828) 506-8520

    19 in this area

    63 Total Sales

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 92153

APN: 7555-20-1349

North Carolina Jackson County Cullowhee 28723

340 Caribou Mountain, Cullowhee, NC

This home is located at 340 Caribou Mountain, Cullowhee, NC 28723 since 01 October 2019 and is currently estimated at $666,579. This property was built in 1983. 340 Caribou Mountain is a home located in Jackson County with nearby schools including Blue Ridge School and Smoky Mountain High School.

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