NOT LISTED FOR SALE

430 Falls Cove Rd Cullowhee, NC 28723

Estimated Value: $1,207,000 - $1,791,000

4 Beds
2.5 Baths
2,080 Sq Ft
$769/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $465,000 $224 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $9,002/month

99 Days on Market

Highlights

  • Lake Front
  • Community Lake
  • Cathedral Ceiling
  • Docks
  • Fireplace in Kitchen
  • Wood Flooring

About This Home

As of November 2014

LAKEFRONT,Lake Glenville 4/2.5 Western Red Cedar LOG home with DOCK! Location, location, location! Great area and view of Norton Falls in quiet community of Falls Cove! Gentle topography with steps to lake! Bright open floor plan for family and friends! Granite countertops in kitchen! Dual fireplace. Lots of decking both open and covered! Pine flooring from trees on land! Home is being sold as is/where is. Generator Backup. Lake Glenville encompasses 1450 acres and holds the distinction of being the highest elevation lake with 26 miles of tree-lined shores east of the Mississippi River. Enjoy all the water sports including water skiing, kayaking and canoeing. Also known for great fishing. Cashiers is known for it's beautiful waterfalls, hiking and many other outdoor activities. Bring your suitcase, this one is ready for occupancy and to start enjoying all that the Blue Ridge Mountains of the Smoky mountains have to offer. Western North Carolina offers the richest natural gifts revealed in a dazzling display of mountains, rivers, waterfalls and streams. Nearby trout fishing, hiking, biking, local playgrounds, dog parks and more. Jackson County, Macon County and nearby, Transylvania County are also rich in entertainment with opera, musical, plays, classical symphony and contemporary music for aficionados to enjoy.

Last Agent to Sell the Property

Kathryn Hansen

Landmark Realty Group - Frank Allen, Cashiers Brokerage Phone: 8287430510 Listed on: 07/01/2014

Last Buyer's Agent

Beth Townsend

McKee Properties License #176215

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,533

Year Built

  • Built in 1988

Lot Details

  • 0.43 Acre Lot
  • Lake Front
  • Lot Has A Rolling Slope

Parking

  • 1 Carport Space

Property Views

  • Lake
  • Mountain

Home Design

  • Metal Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 1.5-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Kitchen Island
  • Fireplace in Kitchen

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Outdoor Features

  • Docks

Utilities

  • Baseboard Heating
  • Private Water Source
  • Shared Well
  • Septic Tank

Community Details

  • Property has a Home Owners Association
  • Community Lake

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 7563-08-4248

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,533

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.43
  • Road Surface Type: Paved
  • Water Body Name: Lake Glenville
  • Subdivision Name: None
  • Directions: From Crossroads,N on 107 to Blue Ridge School..Left on Norton for approx. 2.5 miles to right on Toby Bryson Road. Immediately turn right on Falls Cove Road approx. .7 mi on Right to 430 Falls Cove Road with LRG sign.
  • Architectural Style: A-Frame, Bungalow, Log Home
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1988
  • Attribution Contact: 8287430510
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Electric Oven, Microwave, Refrigerator, Washer
  • Has Basement: Exterior Entry, Finished, Concrete, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Kitchen, Living Room
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Cathedral Ceiling(s), Eat-in Kitchen, Kitchen Island, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Other, Partially Cleared, Rolling Slope
  • View: Lake, Mountain(s), Other
  • View: Yes
  • Waterfront Features: Lake
  • Disclosures: Other
  • Construction Type: Log, Wood Siding
  • Exterior Features: Dock, Other, Satellite Dish
  • Foundation Details: Block
  • Patio And Porch Features: Rear Porch, Front Porch, Other
  • Roof: Metal

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Carport, Gravel, Other

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Other
  • Heating: Baseboard, Electric, Gas
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Septic Tank
  • Utilities: Other, See Remarks
  • Water Source: Private, Shared Well

Condo/Co-op/Association

  • Community Features: Lake, Other
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 18730.8
  • Parcel #: 7563-08-4248
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 2533.08
  • Tax Lot: 3
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2016
Sold by
Coleman Peter and Coleman Jean Nolan
Bought by
Robinson Robert James and Robinson Kristin Rombough
Current Estimated Value
$1,600,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,919
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2014
Closed on
Nov 21, 2014
Sold by
Holm Herbert W and Holm Vernetta W
Bought by
Coleman Peter
Seller's Agent
Kathryn Hansen
Landmark Realty Group - Frank Allen, Cashiers
Buyer's Agent
Beth Townsend
McKee Properties
List Price
$555,000
Sold Price
$465,000
Premium/Discount to List
-$90,000
-16.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.01%
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
Robinson Robert James $678,000 Attorney
Coleman Peter $465,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Robert James $541,919
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2014 11/21/14 Sold $465,000 -16.2% $224 / Sq Ft
10/09/2014 10/09/14 Pending -- -- --
07/01/2014 07/01/14 For Sale $555,000 -- $267 / Sq Ft
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 $6,628 $1,744,334 $450,000 $1,294,334
2024 $4,035 $1,061,800 $350,000 $711,800
2023 $4,487 $1,061,800 $350,000 $711,800
2022 $4,487 $1,061,800 $350,000 $711,800
2021 $4,035 $1,061,800 $350,000 $711,800
2020 $4,116 $994,630 $400,000 $594,630
2019 $3,732 $899,310 $400,000 $499,310
2018 $3,732 $899,310 $400,000 $499,310
2017 $3,642 $899,310 $400,000 $499,310
2015 $2,691 $606,800 $400,000 $206,800
2011 -- $874,670 $600,000 $274,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 79902

APN: 7563-08-4248