NOT LISTED FOR SALE

409 Monteith Gap Rd Cullowhee, NC 28723

Estimated Value: $207,000 - $219,517

2 Beds
1 Bath
751 Sq Ft
$284/Sq Ft Est. Value

Last Sold July 24, 2024

Last sale price $215,000 $286 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,184/month

57 Days on Market

Highlights

  • Ranch Style House
  • Bonus Room
  • No HOA
  • Wood Flooring
  • Living Area on First Floor
  • Storm Windows

About This Home

As of July 2024

Discover a gem near Western Carolina University! This 2-bedroom (plus a bonus room), 1-bathroom home is perfect for starters, downsizers, or investors. Boasting a fantastic location, it's moments from the university, The Greenway and Tuckasegee river launching area for fishing, kayaking, tubing and more. Updated essentials for your peace of mind, features insulation in the attic, vapor barrier in the crawl space and new electric wall heaters in both bedrooms and bonus room. Enjoy the simplicity of one level living, complemented by quaint mountain views. The property is well maintained, offering city water and a septic and a nice sized front and back yard for leisure or gardening. Property also includes a building for extra storage space or hobbies with a new metal roof. Whether you're taking your first step into homeownership or seeking a savvy investment, this well-placed, cozy home is waiting for you. This home has been a successful long term rental for approx 26 years for $1300/mo! Let's make your home dreams a reality!

Last Agent to Sell the Property

Christy Mitchell

Berkshire Hathaway Homeservices-Great Smokys Brokerage Email: 8284882200, Anette@4smokys.com License #308232 Listed on: 04/20/2024

Berkshire Hathaway Homeservices-Great Smokys

Last Buyer's Agent

Board Member Non

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $527

Year Built

  • Built in 1963

Lot Details

  • 0.75 Acre Lot
  • Level Lot

Parking

  • No Garage

Home Design

  • Ranch Style House
  • Cottage
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 751 Sq Ft Home
  • Ceiling Fan
  • Living Area on First Floor
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Crawl Space
  • Storm Windows
  • Electric Oven or Range
  • Property Views

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Storage

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Stream

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 7559372663

Home Details

Home Type

Single Family

Est. Annual Taxes

$527

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.75
  • Road Frontage Type: City Street
  • Ownership: More than One Year
  • Directions: From Sylva, take 107S to left on Old Cullowhee Rd, turn right on Monteith Gap Rd, follow up the hill to 409 on right
  • Architectural Style: Ranch/Single, Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1963
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • NAV27_AllowsVacationRentalYN: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Electric Oven/Range, Refrigerator, Washer, Dryer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Hardwood
  • Interior Amenities: Bonus Room, Ceiling Fan(s), Kitchen/Dining Room, Main Level Living, Primary on Main Level
  • Living Area: 751
  • Window Features: Windows-Storm All
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 97.2222
  • Room Living Room Area: 180.9861
  • Room Kitchen Area: 77.9167
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 10.4167
  • Room Master Bedroom Area: 98.9583
  • Room Dining Room Area: 71.0417

Exterior Features

  • Lot Features: Level Yard, Unrestricted
  • View: View Year Round
  • View: Yes
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Other Structures: Storage Building/Shed
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, None-Carport

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Other
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Public
  • Gas Company: Propane Tank: None
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 32670
  • Parcel #: 7559372663
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 527
  • Tax Book Number: 994

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2025
Sold by
Gasparre Bailey and Quigley Sebastian
Bought by
Gasparre Bailey and Quigley Sebastian
Current Estimated Value
$213,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,302
Outstanding Balance
$211,302
Interest Rate
6.26%
Mortgage Type
FHA
Estimated Equity
$1,957

Purchase Details

Listed on
Apr 20, 2024
Closed on
Jul 22, 2024
Sold by
Goergen Barbara Jean and Flagg Thomas
Bought by
Gasparre Bailey
Seller's Agent
Christy Mitchell
Berkshire Hathaway Homeservices-Great Smokys
Buyer's Agent
Board Member Non
List Price
$249,000
Sold Price
$215,000
Premium/Discount to List
-$34,000
-13.65%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.57%
Original Mortgage
$211,105
Interest Rate
6.95%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gasparre Bailey -- Mutual Tide Agency
Gasparre Bailey $215,000 None Listed On Document
Gasparre Bailey $215,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gasparre Bailey $211,302
Previous Owner Gasparre Bailey $211,105
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2024 07/24/24 Sold $215,000 -6.1% $286 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
05/23/2024 05/23/24 Price Changed $229,000 -4.2% $305 / Sq Ft
05/08/2024 05/08/24 Price Changed $239,000 -4.0% $318 / Sq Ft
04/20/2024 04/20/24 For Sale $249,000 -- $332 / Sq Ft
Source: Carolina Smokies Association 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 $792 $208,358 $33,910 $174,448
2024 $402 $105,790 $33,910 $71,880
2023 $402 $105,790 $33,910 $71,880
2022 $527 $105,790 $33,910 $71,880
2021 $402 $105,790 $33,910 $71,880
2020 $401 $83,430 $22,500 $60,930
2019 $338 $89,060 $28,130 $60,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26036439

APN: 7559-37-2663