NOT LISTED FOR SALE

386 Easter Ln Cullowhee, NC 28723

Estimated Value: $1,069,000 - $4,008,340

5 Beds
5.5 Baths
-- Sq Ft
1.59 Acres

Last Sold August 14, 2023

Last sale price $3,840,000

Est. 28% decrease in value since last sale

Current estimated payment $15,859/month

13 Days on Market

Highlights

  • Lake Front
  • Built-In Refrigerator
  • Deck
  • Docks
  • Community Lake
  • Wooded Lot

About This Home

As of August 2023

This lakefront property has it all. The charming 5 br 5.5 bath cottage sits in a private wooded setting in a desirable neighborhood that is close to town. It is a quality built home in good condition, with wood floors, fireplaces in the gathering room and master with great lake and mountain views. A wonderful lakeside covered porch for dining and conversation as well as a screened sleeping porch make for inviting outside living. The grounds offer a rare sandy beach perfect for kayaker's and children, dock on deep water with lovely lakefront area. The lakefront has stone terracing with stone walkways to the sandy beach and dock . The interior has views from each bedroom. A paved driveway with plenty of parking on a large lot with room for an optional guesthouse makes this property a desirable spot for those looking for their special place on Lake Glenville. This home offers space for a crowd with a bonus room and lower living area along with its five bedrooms and has an outstanding rental history.

Last Agent to Sell the Property

Jerome Srebalus

Srebalus Construction Co., Inc. Brokerage Phone: Listed on: 06/08/2023

Last Buyer's Agent

Julie Osborn

Allen Tate/Pat Allen Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,327

Year Built

  • Built in 2005

Lot Details

  • 1.59 Acre Lot
  • Lake Front
  • Lot Has A Rolling Slope
  • Wooded Lot

Property Views

  • Lake
  • Woods
  • Mountain

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Siding

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Stone Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Screened Porch
  • Dryer

Kitchen

  • Double Oven
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • Docks
  • Deck
  • Patio
  • Fire Pit

Utilities

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

Community Details

  • Property has a Home Owners Association
  • Waterchase Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 7563-59-2086

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,327

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.588
  • Water Body Name: Lake Glenville
  • Subdivision Name: Waterchase
  • Directions: From the Cashiers Crossroads take Hwy 107 North to Norton Road proceed to Fenley Forest Trail on right. Go approximately 1mile to Easter Lane on right. Stay straight on Easter Lane thru stone columns (Easter Point). First paved drive on the right Fox Hollow Cottage.
  • Architectural Style: Bungalow, Other
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2005
  • Attribution Contact: 0
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Negotiable
  • Appliances: Built-In Refrigerator, Double Oven, Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Has Basement: Crawl Space, Encapsulated, Full, Other, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Primary Bedroom, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Wet Bar, Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Jetted Tub, Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Skylight(s), Window Treatments

Exterior Features

  • Lot Features: Level, Other, Partially Cleared, Rolling Slope, Wooded
  • View: Lake, Mountain(s), Trees/Woods
  • View: Yes
  • Waterfront Features: Lake, Deeded Access
  • Disclosures: Licensed Vacation Rental
  • Construction Type: Frame, Concrete, Stone, Stone Veneer, Wood Siding
  • Exterior Features: Dock, Fire Pit, Satellite Dish
  • Foundation Details: Poured
  • Patio And Porch Features: Rear Porch, Covered, Deck, Front Porch, Patio, Porch, Screened
  • Roof: Shingle

Garage/Parking

  • Parking Features: Other, Paved, Parking Lot

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Permit 5 or More Bedroom, Sewer Applied for Permit, Septic Tank
  • Utilities: Satellite Internet Available
  • Water Source: Private, Shared Well

Condo/Co-op/Association

  • Community Features: Lake, Water Access
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 69260.4
  • Parcel #: 7563-59-2086
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5326.75
  • Tax Lot: 2
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Aug 14, 2023
Sold by
Love Bernadine S
Bought by
386 Easter Lane Llc
Seller's Agent
Jerome Srebalus
Srebalus Construction Co., Inc.
Buyer's Agent
Julie Osborn
Allen Tate/Pat Allen Realty Group
List Price
$3,995,750
Sold Price
$3,840,000
Premium/Discount to List
-$155,750
-3.9%
Views
4
Current Estimated Value
$2,778,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,061,415
Avg. Annual Appreciation
-13.45%

Purchase Details

Closed on
Jan 4, 2013
Sold by
Love Glenn N
Bought by
Love Bernadine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$817,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2012
Sold by
Love Bernadine S and Love Glenn N
Bought by
Luxury Lakefront Rentals Llc
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
386 Easter Lane Llc $3,840,000 None Listed On Document
Love Bernadine S -- None Available
Love Bernadine S -- None Available
Luxury Lakefront Rentals Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Love Bernadine S $817,000
Previous Owner Love Glenn N $886,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2023 08/14/23 Sold $3,840,000 -3.9% --
06/22/2023 06/22/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $3,995,750 -- --
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 $14,219 $3,741,905 $2,000,000 $1,741,905
2024 $4,796 $1,262,030 $400,000 $862,030
2023 $5,327 $1,262,030 $400,000 $862,030
2022 $5,327 $1,262,030 $400,000 $862,030
2021 $4,796 $1,262,030 $400,000 $862,030
2020 $4,805 $1,160,490 $400,000 $760,490
2019 $4,805 $1,160,490 $400,000 $760,490
2018 $4,805 $1,160,490 $400,000 $760,490
2017 $4,689 $1,160,490 $400,000 $760,490
2015 $4,748 $1,360,490 $600,000 $760,490
2011 -- $1,551,390 $600,000 $951,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 102275

APN: 7563-59-2086