NOT LISTED FOR SALE

427 Fenley Forest Trail Cullowhee, NC 28723

Estimated Value: $784,000 - $873,000

22.96 Acres
$36,323 Price per Acre
1,000,138 Sq Ft Lot

Last Sold June 12, 2023

Last sale price $750,000

Est. 16% increase in value since last sale

Current estimated payment $4,735/month

528 Days on Market

Highlights

  • 22.96 Acre Lot
  • No HOA
  • Lot Has A Rolling Slope
  • Mountain View
  • Spring water is a source of water for the property

About This Lot

As of June 2023

This ridgeline property offers mountain views in multiple directions. Accessed by a well constructed, long, private driveway, the original 1970's summer cabin recently burned to the ground. The primary homesite sits at 3930 elevation amongst large deciduous trees and a rolling mossy yard. Plenty of options for additional homesites exist, too, on this unrestricted property. Location, view, topography and an existing driveway make this a prime property for an estate or light development.

Last Agent to Sell the Property

Beth Townsend

McKee Properties Brokerage Phone: 8287433411 License #176215 Listed on: 11/25/2021

Last Buyer's Agent

Sara Ferguson

Cashiers Valley Real Estate LLC License #342083

Cashiers Valley Real Estate LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,823

Lot Details

  • 22.96 Acre Lot
  • Lot Has A Rolling Slope

Additional Features

  • Mountain Views
  • Spring water is a source of water for the property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7563-35-1027

Property Details

Property Type

Land

Est. Annual Taxes

$2,823

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 22.96
  • Directions: From Cashiers head north on Hwy 107. Take a left on Norton Road. Follow this past the first two Trillium entrances (one on the right and one on the left), then turn right onto Fenley Forest Road. Travel approximately 3/4 mile and turn left at the "Oberhaus Lane" sign. This is the private driveway for the property.
  • Carport Y N: No
  • Garage Yn: No
  • Attribution Contact: 8287433411
  • PropertySubTypeAdditional: Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Level, Partially Cleared, Rolling Slope, Subdivided
  • View: Mountain(s)
  • View: Yes

Utilities

  • Water Source: Spring

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Lot Info

  • Lot Size Sq Ft: 1000137.6
  • Parcel #: 7563-35-1027
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 2822.84
  • Tax Lot: NA
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2021
Closed on
Jun 13, 2023
Sold by
Egoaro Llc
Bought by
Ferguson Sara A and Ferguson Nicholas C
Seller's Agent
Beth Townsend
McKee Properties
Buyer's Agent
Sara Ferguson
Cashiers Valley Real Estate LLC
List Price
$875,000
Sold Price
$750,000
Premium/Discount to List
-$125,000
-14.29%
Views
5
Current Estimated Value
$868,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,640
Avg. Annual Appreciation
4.20%

Purchase Details

Closed on
Sep 11, 2020
Sold by
Wulfe Lisa M and Sharpe Lori A
Bought by
Egoaro Llc

Purchase Details

Closed on
Aug 23, 2019
Sold by
Oberhaus M Alyce Est
Bought by
Wulffl Lisa M

Purchase Details

Closed on
Dec 23, 2011
Sold by
Wulff Lisa Marie and Lucas Amber Michelle
Bought by
Oberhaus Edwin G and Oberhaus Alyce R
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
Ferguson Sara A $750,000 None Listed On Document
Ferguson Sara A $750,000 None Listed On Document
Egoaro Llc -- None Available
Wulffl Lisa M -- --
Oberhaus Edwin G -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2023 06/12/23 Sold $750,000 -14.3% --
05/09/2023 05/09/23 Pending -- -- --
11/26/2021 11/26/21 For Sale $875,000 -- --
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 $2,850 $750,020 $750,020 $0
2024 $1,954 $514,220 $514,220 $0
2023 $2,116 $516,750 $516,750 $0
2022 $2,116 $516,750 $516,750 $0
2021 $2,660 $700,010 $516,750 $183,260
2020 $3,198 $772,200 $647,470 $124,730
2019 $3,198 $772,200 $647,470 $124,730
2018 $3,198 $772,200 $647,470 $124,730
2017 $3,121 $772,200 $647,470 $124,730
2015 $3,645 $772,200 $647,470 $124,730
2011 -- $1,194,850 $1,010,240 $184,610
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Beth Townsend

    McKee Properties

    Section Image
  • Sara Ferguson

    Buyer's Agent in 2023

    Sara Ferguson

    Cashiers Valley Real Estate LLC

    (941) 320-2709

    3 in this area

    59 Total Sales

    Sara Ferguson
    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 97957

APN: 7563-35-1027

North Carolina Jackson County Cullowhee 28723

427 Fenley Forest Trail, Cullowhee, NC

Not Listed for Sale

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