NOT LISTED FOR SALE

47 Lake Trail Rd Cullowhee, NC 28723

Estimated Value: $666,000 - $2,253,000

3 Beds
3 Baths
1,256 Sq Ft
$1,245/Sq Ft Est. Value

Sale Details

Date Sold: December 3, 2021

Last sale price $1,600,000 $1,274 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $8,795 / mo

22 Days on Market

Highlights

  • Lake Front
  • RV Access or Parking
  • Deck
  • Docks
  • Built-In Refrigerator
  • Spring on Lot

About This Home

As of December 2021

“The Lake House” will probably become the favorite year-round retreat on Lake Glenville for you, your family, and friends. With easy access paved and plowed roads, the “3/3 plus bunkroom” home offers adequate space for your friends and family plus great lake and waterfall views from the open living area, the deck, and the lower covered porch. The uncommonly gentle sloping lot has nice water features and 271 feet of accessible lake frontage and sits on a large cove with views of the Mill Creek waterfall. There is a small beach and a (dated but usable) dock with a jet ski parking ramp. The upper and lower drive offer ample parking for half a dozen vehicles. The 1 car garage can be used for vehicle or boat storage, although the association has several reservable dry boat/trailer storage slots by the community pavilion and tennis courts. For entertainment or business, the Lake House has a rare “Frontier Internet Extreme Account” providing voice and internet at up to 90 Mbps download capability (e.g., we have least five TV's and computers streaming different online programs at the same time) with no data limit. This one-of-a-kind property will provide years of enjoyable lake side living for a fortunate buyer. (Note: Owner is a broker)

Last Agent to Sell the Property

Brenda Beye

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285071227 License #253679 Listed on: 10/19/2021

Last Buyer's Agent

Dan Allen

Silver Creek Real Estate Group, Inc. License #216684

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,513

Year Built

  • Built in 1995

Lot Details

  • 39,204 Sq Ft Lot
  • Lake Front
  • North Facing Home
  • Lot Has A Rolling Slope
  • Garden

Parking

  • 1 Car Garage
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Frame Construction
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • Furnished
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Stone Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Workshop
  • Lake Views
  • Dryer
  • Partially Finished Basement

Kitchen

  • Breakfast Bar
  • Recirculated Exhaust Fan
  • Microwave
  • Built-In Refrigerator
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

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

Outdoor Features

  • Docks
  • Spring on Lot
  • Deck
  • Covered Patio or Porch
  • Outdoor Water Feature
  • Fire Pit

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Zoned Heating and Cooling 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

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,513

Year Built

Built in 1995

Lot Details

0.9 Acres

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: The Strawberry Hill neighborhood entrance is off North Norton Road. Enter and take the second road to right (Wild Cherry) to bottom of hill, then hard right on Lake Trail. The Lake House is second on left.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1995
  • Attribution Contact: 8285071227
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Built-In Refrigerator, Dryer, Dishwasher, Exhaust Fan, Freezer, Disposal, Microwave, Range, Trash Compactor, Washer
  • Has Basement: Other, Partial, Concrete, Partially Finished, Bath/Stubbed
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room, Stone
  • Fireplace: Yes
  • Flooring: Other
  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Kitchen Island, Pantry, Walk-In Closet(s), Workshop
  • Window Features: Skylight(s), Window Treatments

Exterior Features

  • Lot Features: Rolling Slope, Spring, Waterfall
  • View: Lake, Creek/Stream
  • View: Yes
  • Waterfront Features: Lake, Deeded Access
  • Disclosures: Other
  • Construction Type: Block, Frame
  • Direction Faces: North
  • Exterior Features: Dock, Fire Pit, Garden, Water Feature
  • Patio And Porch Features: Rear Porch, Covered, Deck, Porch
  • Roof: Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Concrete, Garage, One Car Garage, Gravel, Other, Boat, RV Access/Parking

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Radon Mitigation System
  • Cooling: Central Air, Ductless, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Ductless, Electric, Gas, Zoned
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Other, See Remarks
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Tennis Court(s), Water Access
  • Association: Yes

Lot Info

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

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 2513.0
  • Tax Lot: 5
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2021
Closed on
Dec 3, 2021
Sold by
Beye Teryle J and Beye Brenda M
Bought by
Lake Trail Cove Llc
Seller's Agent
Brenda Beye
Highlands Sotheby's International Realty - DT
Buyer's Agent
Dan Allen
Silver Creek Real Estate Group, Inc.
List Price
$1,600,000
Sold Price
$1,600,000
Current Estimated Value
$1,563,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,220
Avg. Annual Appreciation
-0.51%

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
38.14%
Original Mortgage
$500,000
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage
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

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
Lake Trail Cove Llc $1,600,000 J Edwin Henson Pllc
Beye Teryle J $500,000 --
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 Beye Teryle J $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2021 12/03/21 Sold $1,600,000 0.0% $1,274 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $1,600,000 +220.0% $1,274 / Sq Ft
04/30/2018 04/30/18 Sold $500,000 -16.5% $398 / Sq Ft View Prior Sale
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

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: 97993

APN: 7554-35-3781

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