Terry Potts
Responds Quickly
Country Club Properties
(828) 501-5907
132 Total Sales
2 in Cullowhee
$3.1M - $8.1M Price Range
42 Captains Point Cullowhee, NC 28723
Cullowhee Area
16
Beds
24
Baths
8,320
Sq Ft
2.62
Acre Lot
Highlights
- 2.62 Acre Lot
- Deck
- No HOA
- Mountain View
- Great Room
- Covered Patio or Porch
About This Home
As of February 2023Great investment with huge further potential near Western Carolina University. Just 5 minutes to WCU and and 2 minutes to the Jackson County Recreation Complex. Tenant get to enjoy mountain views from their back porch plus walk down to the river. Great floor plan for tenants with 2 bedrooms upstairs that each have their own full bathroom. 8 units, each with large eat-in kitchen, laundry, living room and half bath downstairs. They also boast decks out front and out back. The ideal location attributes to an excellent rental history with 100% occupancy and long term tenants. With acreage that is here, there is a possibility of adding at least 8 more units. To do so you would have to plug into city water and sewer. There are lines put in to a source, but needs engineering approval and DEQ approval before activating. But the current 8 units are on shared well and septic. Owner has full rent roll records and expense records to show. A lot of long term tenants.
Last Agent to Sell the Property
Aaron Kraft
WEICHERT, Realtors - Unlimited Brokerage Email: akraft@weichertunlimited.com License #241085 Listed on: 12/23/2022
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1998
Lot Details
- 2.62 Acre Lot
- Level Lot
Parking
- Driveway
Home Design
- Metal Roof
- Vinyl Siding
Interior Spaces
- 8,320 Sq Ft Home
- Ceiling Fan
- Great Room
- Dining Room
- Mountain Views
- Crawl Space
- Dishwasher
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 16 Bedrooms
Laundry
- Laundry Room
- Laundry on main level
Outdoor Features
- Access to stream, creek or river
- Deck
- Covered Patio or Porch
Utilities
- Heat Pump System
- Shared Well
- Electric Water Heater
- Shared Septic
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tenant pays for cable TV, electricity
- The owner pays for sewer, trash collection, water
- Assessor Parcel Number 7558-04-8581
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Cullowhee, NC
-
Terry Potts
-
Jason Brodsky
Jason Brodsky
EXP Realty LLC
(828) 672-3457
141 Total Sales
1 in Cullowhee
$425,000 Price
-
John Witherspoon
John Witherspoon
Witherspoon Platt & Associates
(828) 554-8807
125 Total Sales
2 in Cullowhee
$495,000 Price Range
-
Dorothy Swearingen
Dorothy Swearingen
NCMountainLife.com
(828) 944-4837
61 Total Sales
3 in Cullowhee
$11K - $600K Price Range
-
Clarissa Marshall
Clarissa Marshall
EXP Realty LLC
(828) 672-2697
429 Total Sales
1 in Cullowhee
$1,350,000 Price
-
Christy Mitchell
Christy Mitchell
Responds QuicklyGreat Smokys Realty
(854) 204-4145
147 Total Sales
5 in Cullowhee
$215K - $890K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,148,000 | None Listed On Document | ||
| Cura Llc | $657,500 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $625,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/20/2023 02/20/23 | Sold | $1,148,000 | -2.1% | $138 / Sq Ft |
| 12/23/2022 12/23/22 | For Sale | $1,172,571 | -- | $141 / Sq Ft |
Source: Canopy MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,458 | $910,127 | $249,800 | $660,327 |
| 2024 | $2,748 | $723,210 | $78,600 | $644,610 |
| 2023 | $2,748 | $723,210 | $78,600 | $644,610 |
| 2022 | $2,748 | $723,210 | $78,600 | $644,610 |
| 2021 | $2,748 | $723,210 | $78,600 | $644,610 |
| 2020 | $2,796 | $735,810 | $67,600 | $668,210 |
| 2019 | $2,796 | $735,810 | $67,600 | $668,210 |
| 2018 | $2,796 | $735,810 | $67,600 | $668,210 |
| 2017 | $2,723 | $735,810 | $67,600 | $668,210 |
| 2015 | $2,274 | $735,810 | $67,600 | $668,210 |
| 2011 | -- | $812,040 | $176,850 | $635,190 |
Source: Public Records
Agents Affiliated with this Home
-
AK
Seller's Agent in 2023
Aaron Kraft
WEICHERT, Realtors - Unlimited
-
Matt Bailey
MB
Buyer's Agent in 2023
Matt Bailey
SECU*RE Inc.
(919) 239-3310
12 Total Sales
Map
Source: Canopy MLS
MLS Number: 3930988
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID
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