NOT LISTED FOR SALE

47 Lake Trail Rd Cullowhee, NC 28723

Estimated Value: $882,000 - $2,104,000

2 Beds
3 Baths
1,256 Sq Ft
$1,194/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $500,000 $398 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $8,439/month

141 Days on Market

Highlights

  • Lake Front
  • Spa
  • Community Lake
  • Docks
  • RV Access or Parking
  • Clubhouse

About This Home

As of April 2018

Directly on beautiful Lake Glenville with its own dock, this terrific cottage is priced to sell. Nestled in the quiet Mill Creek Cove part of the lake, it sits across from Mill Creek Falls. Soothing sounds and views of the waterfall take the stress away! Walk down to the water's edge for fishing, boating and swimming or simply relax and take in the tranquil scenery from the spacious rear deck. After a day of fun, sip a cold drink while grilling on the BBQ amidst the cool breezes courtesy of the 3,500-foot elevation. The open kitchen has lots of storage and a breakfast bar to make serving meals easy. With two bedrooms, three baths, a downstairs family room and bonus space, this low maintenance home makes a great weekend or seasonal getaway. A small stream runs through the property and the lake has a very gentle bottom — perfect for kids and adults alike. Additional features include two stone fireplaces, a loft and an attached garage, as well as plenty of parking and turn-around areas.

Last Agent to Sell the Property

Ray Trine

Silver Creek Real Estate Group, Inc. Brokerage Phone: 8287431999 Listed on: 10/11/2017

Last Buyer's Agent

Brenda Beye

Highlands Sotheby's International Realty - DT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,930

Year Built

  • Built in 1995

Lot Details

  • 0.9 Acre Lot
  • Lake Front
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Garden

Parking

  • 1 Car Attached Garage
  • RV Access or Parking

Property Views

  • Lake
  • Mountain

Home Design

  • Traditional Architecture
  • Frame Construction
  • Metal Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Stone Fireplace
  • Living Room with Fireplace
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement

Outdoor Features

  • Spa
  • Docks
  • Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 7554-35-3781

Community Details

Overview

  • Property has a Home Owners Association
  • Strawberry Hill Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,930

Year Built

Built in 1995

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.9
  • Road Surface Type: Paved
  • Water Body Name: Lake Glenville
  • Subdivision Name: Strawberry Hill
  • Directions: From Cashiers, you can take 107 North and either turn off at N. Norton by Blue Ridge School, or go past the lake and take Pine Creek. Go to Strawberry Hill entrance. Take Strawberry Hill Road past the tennis court. Take next paved drive going down at an angle. At bottom take hard right on Lake Trail. Home is second drive on left, first drive is like a back entry to the big house just before.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1995
  • Attribution Contact: 8287431999
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Oven, Disposal, Ice Maker, Microwave, Refrigerator, Trash Compactor, Washer
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry, Bath/Stubbed
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Basement, Gas Log, Living Room, Stone
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Wet Bar, Breakfast Bar, Ceiling Fan(s), Cathedral Ceiling(s), Eat-in Kitchen, Pantry, Walk-In Closet(s)

Exterior Features

  • Lot Features: Partially Cleared, Rolling Slope, Wooded, Waterfall
  • View: Lake, Mountain(s)
  • View: Yes
  • Waterfront Features: Lake
  • Construction Type: Aluminum Siding, Frame, Vinyl Siding
  • Exterior Features: Dock, Garden, Satellite Dish
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Front Porch, Side Porch
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Additional Parking, Attached, Garage, One Car Garage, Gravel, Paved, Parking Lot, Boat, RV Access/Parking

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes
  • Sewer: Sewer Applied for Permit, Septic Tank
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Clubhouse, Lake, Tennis Court(s)
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 39204.0
  • Parcel #: 7554-35-3781
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 1930.0
  • Tax Lot: 5
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2021
Sold by
Beye Teryle J and Beye Brenda M
Bought by
Lake Trail Cove Llc
Current Estimated Value
$1,499,355

Purchase Details

Listed on
Oct 11, 2017
Closed on
Apr 23, 2018
Sold by
John L Scheidt T
Bought by
Beye Teryle J and Beye Brenda M
Seller's Agent
Ray Trine
Silver Creek Real Estate Group, Inc.
Buyer's Agent
Brenda Beye
Highlands Sotheby's International Realty - DT
List Price
$599,000
Sold Price
$500,000
Premium/Discount to List
-$99,000
-16.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.09%
Original Mortgage
$500,000
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage
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
Lake Trail Cove Llc $1,600,000 J Edwin Henson Pllc
Beye Teryle J $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beye Teryle J $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $500,000 -16.5% $398 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
10/11/2017 10/11/17 For Sale $599,000 -- $477 / 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 $3,978 $1,046,712 $350,000 $696,712
2024 $2,357 $620,320 $300,000 $320,320
2023 $2,665 $620,320 $300,000 $320,320
2022 $2,665 $620,320 $300,000 $320,320
2021 $2,513 $620,320 $300,000 $320,320
2020 $1,977 $469,270 $300,000 $169,270
2019 $1,977 $469,270 $300,000 $169,270
2018 $1,977 $469,270 $300,000 $169,270
2017 $1,930 $469,270 $300,000 $169,270
2015 $1,997 $469,270 $300,000 $169,270
2011 -- $641,980 $450,000 $191,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 87062

APN: 7554-35-3781