NOT LISTED FOR SALE

3471 N Norton Rd Cullowhee, NC 28723

Estimated Value: $10,854,998

5 Beds
6.5 Baths
-- Sq Ft
73.48 Acres Lot

Sale Details

Date Sold: February 5, 2019

Last sale price $6,000,000

Est. 81% increase in value since last sale

Current estimated payment $60,643 / mo

768 Days on Market

Highlights

  • River Front
  • Gated Parking
  • Built-In Refrigerator
  • Home fronts a pond
  • View of Trees or Woods
  • 73.48 Acre Lot

About This Home

As of February 2019

Straddling Knob Creek and a natural swimming hole, this one-of-a-kind 6,000+ square foot home looks into a series of magnificent waterfalls. The creek flows gently through the property with plenty of acreage on both sides for complete privacy. The long gated driveway is flat and meanders through sunny meadows and a lush forest. Deer and turkey frequent the fields and sometimes even elk pass through. With walking and four-wheeling trails, three ponds with a fishing dock, and an abundance of native flora and fauna to appreciate, there is always something fun to do. The home itself is designed to offer relaxing views and sounds of the waterfalls and stream below from almost every room. A covered deck and huge central porch with fireplace and grill offer wonderful spots for listening to the water cascading over the rocks and taking in the incredibly beautiful surroundings. An instant stress reliever! Since Mother Nature has provided the artwork, the interior has been fitted with an abundance of wide, floor to ceiling windows throughout. Reclaimed wood, vaulted beamed and trussed ceilings and fine stonework highlight the superior architecture and construction. With premium appliances, generous cabinetry and a large island with seating, the gourmet kitchen is a popular central gathering place — perfect for enjoying a quick breakfast or preparing food for a party. The master suite is a retreat all its own, with a sitting area, divine custom walk-in closet and spacious bath. Several guest rooms, a bunk room for the kids, fitness room, and TV/game room with mini kitchen round out the family-friendly floor plan. With over 73 acres of enchanting grounds and a luxurious home with water features never to be duplicated, this remarkable estate must be seen to be fully appreciated.

Last Agent to Sell the Property

Ray Trine

Silver Creek Real Estate Group, Inc. Brokerage Phone: 8287431999 Listed on: 10/11/2016

Last Buyer's Agent

Ray Trine

Silver Creek Real Estate Group, Inc. Brokerage Phone: 8287431999 Listed on: 10/11/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,382

Year Built

  • Built in 2010

Lot Details

  • 73.48 Acre Lot
  • Home fronts a pond
  • River Front
  • Fenced
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Garden

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gated Parking

Property Views

  • Pond
  • Woods

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Elevator
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Heated Enclosed Porch
  • Home Security System
  • Dryer

Kitchen

  • Breakfast Bar
  • Double Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Built-In Refrigerator
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Deck
  • Glass Enclosed
  • Outdoor Water Feature
  • Outdoor Fireplace
  • Fire Pit

Farming

  • Pasture

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7553-76-3819

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,382

Year Built

Built in 2010

Lot Details

73.48 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 73.48
  • Water Body Name: Knob Creek
  • Subdivision Name: None
  • Directions: From Cashiers, take 107 North, turn onto Norton Road at Blue Ridge School, follow Norton Road taking the right fork. Go past Trillium, Bridge Creek, cross Norton Creek on bridge and look for stone gates on left. This is the entry.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2010
  • Attribution Contact: 8287431999
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Refrigerator, Double Oven, Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Oven, Indoor Grill, Ice Maker, Microwave, Wine Cooler, Washer
  • Accessibility Features: Other
  • Has Basement: Full, Finished, Heated, Interior Entry, Concrete, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Den, Gas Starter, Living Room, Outside, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Concrete, Wood
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Elevator, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior Features

  • Fencing: Fenced
  • Lot Features: Other, Pasture, Partially Cleared, Pond on Lot, Rolling Slope, Subdivided, Wooded, Waterfall
  • View: Pond, Creek/Stream, Trees/Woods
  • View: Yes
  • Waterfront Features: Pond, River Front
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Fire Pit, Garden, Satellite Dish, Water Feature
  • Patio And Porch Features: Covered, Deck, Enclosed, Front Porch, Glass Enclosed, Heated, Screened, Side Porch
  • Roof: Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Two Car Garage, Golf Cart Garage, Garage Door Opener, Gravel, Gated

Utilities

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

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Lot Info

  • Lot Size Sq Ft: 3200788.8
  • Parcel #: 7553-76-3819
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 18382.0
  • Tax Lot: 0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2016
Closed on
Feb 5, 2019
Sold by
Boyd James G and Boyd Hazel T
Bought by
Tracy L Asbury Ret
Seller's Agent
Ray Trine
Silver Creek Real Estate Group, Inc.
Buyer's Agent
Ray Trine
Silver Creek Real Estate Group, Inc.
List Price
$6,995,000
Sold Price
$6,000,000
Premium/Discount to List
-$995,000
-14.22%
Current Estimated Value
$10,854,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,854,998
Avg. Annual Appreciation
8.58%
Original Mortgage
$3,000,000
Outstanding Balance
$2,626,787
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$8,228,211
Source: Public Records
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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
Tracy L Asbury Ret $6,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tracy L Asbury Ret $3,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2019 02/05/19 Sold $6,000,000 -14.2% --
01/23/2019 01/23/19 Pending -- -- --
10/11/2016 10/11/16 For Sale $6,995,000 -- --
Source: Highlands-Cashiers Board of REALTORS®

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 $37,101 $9,763,298 $1,752,590 $8,010,708
2024 $27,131 $7,139,760 $3,068,320 $4,071,440
2023 $29,390 $7,139,760 $3,068,320 $4,071,440
2022 $27,737 $6,735,860 $3,058,320 $3,677,540
2021 $23,102 $6,079,360 $3,058,320 $3,021,040
2020 $22,120 $5,453,780 $3,126,480 $2,327,300
2019 $18,846 $4,672,160 $2,344,860 $2,327,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 84897

APN: 7553-76-3820

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