NOT LISTED FOR SALE

494 University Hts Rd Cullowhee, NC 28723

Estimated Value: $457,225 - $523,000

4 Beds
3 Baths
2,262 Sq Ft
$217/Sq Ft Est. Value

Last Sold April 15, 2014

Last sale price $203,000 $90 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $2,788/month

45 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Partially Wooded Lot
  • Wood Burning Stove
  • Recreation Room
  • Wood Flooring

About This Home

As of April 2014

Cullowhee, NC. Nice Cabin Style(Two Story)Four Bedroom 3 Bath Home on .78 Ac. Apt./In-law suite downstairs. Upgrades. Conveniently located within 2 minutes of Western Carolina University. Hardwood flooring. Tongue and Groove. Fireplace Insert. Wood Stove/Fireplace in basement. Central Vac. New Carpet. New HVAC. New Septic. Garden. Decks on each level. Lower area has great space for a Hot Tub. Fenced area for pets. Community Water. Great home for rental possibilities or large family.

Last Agent to Sell the Property

Mary Johnson

Johnson Realty Brokerage Phone: 8285070196 License #227494 Listed on: 01/06/2014

Last Buyer's Agent

Cherie Bowers

Bowers Realty, Inc. License #195523

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $880

Year Built

  • Built in 1976

Lot Details

  • 0.78 Acre Lot
  • Fenced Yard
  • Partially Wooded Lot

Parking

  • No Garage

Home Design

  • Contemporary Architecture
  • Cabin
  • Slab Foundation
  • Shingle Roof
  • Fiberglass Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Insulated Windows
  • Insulated Doors
  • Great Room
  • Recreation Room

Kitchen

  • Country Kitchen
  • Breakfast Bar
  • Recirculated Exhaust Fan
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Bathtub Includes Tile Surround

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Recreation or Family Area in Basement
  • Basement with some natural light

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage

Schools

  • Smoky Mountain High School

Utilities

  • Cooling Available
  • Heating System Uses Wood
  • Heat Pump System
  • Baseboard Heating
  • Shared Well
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7650403257

Home Details

Home Type

Single Family

Est. Annual Taxes

$880

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.78
  • Road Frontage Type: Other
  • Road Surface Type: Paved
  • Directions: 107S to Left on Old Cullowhee Rd. Go to Right on Monteith Gap Rd. Follow to Right on Ledbetter Rd. Then to Right on University Heights. Follow to home on Right.
  • Architectural Style: Cabin, Contemporary, Other-See Remarks
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 1976
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8285070196
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Refrigerator, Dishwasher, Exhaust Fan, Other-See Remarks
  • Other Equipment: Satellite Dish
  • Has Basement: Daylight, Finished, Full, Heated, Interior Entry, Exterior Entry, Recreation/Game Room
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Doors-Insulated
  • Fireplace Features: Basement, Other, Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: In-law Quarters, Pantry, Breakfast Bar, Kitchen Island, Rec/Game Room, Ceramic Tile Bath, Ceiling Fan(s), Country Kitchen, Great Room, Other, In-Law Floorplan
  • Window Features: Insulated Windows

Exterior Features

  • Fencing: Fenced Yard
  • Lot Features: Unrestricted
  • View: No
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Other
  • Foundation Details: Slab
  • Other Structures: Storage Building/Shed
  • Patio And Porch Features: Patio/Atrium, Deck
  • Roof: Other, Fiberglass, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Wood, Baseboard, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Shared Well, Other

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • High School: Smoky Mountain

Lot Info

  • Lot Size Sq Ft: 33976.8
  • Parcel #: 7650403257
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Book Number: 1519/837

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2014
Closed on
May 20, 2014
Sold by
Lee Eddie R and Lee Johelen P
Bought by
Howell Arthur C and Howell Grace S
Seller's Agent
Mary Johnson
Johnson Realty
Buyer's Agent
Cherie Bowers
Bowers Realty, Inc.
List Price
$203,000
Sold Price
$203,000
Current Estimated Value
$491,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,556
Avg. Annual Appreciation
8.19%
Original Mortgage
$179,000
Outstanding Balance
$138,340
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$353,216

Purchase Details

Listed on
Jan 6, 2014
Closed on
Apr 15, 2014
Sold by
Alexander William G and Alexander Shelia H
Bought by
Craven James C and Craven Shannon M
Seller's Agent
Mary Johnson
Johnson Realty
Buyer's Agent
Cherie Bowers
Bowers Realty, Inc.
List Price
$203,000
Sold Price
$203,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Outstanding Balance
$138,340
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$353,216

Purchase Details

Closed on
Jul 28, 2005
Sold by
Benavente Carlos A and Benavente Larissa M
Bought by
Alexander William G and Alexander Sheila G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Howell Arthur C $215,000 None Available
Craven James C $203,000 None Available
Alexander William G $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Craven James C $179,000
Previous Owner Alexander William G $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2014 04/15/14 Sold $203,000 0.0% $90 / Sq Ft
03/07/2014 03/07/14 Pending -- -- --
01/20/2014 01/20/14 For Sale $203,000 -- $90 / Sq Ft
Source: Carolina Smokies Association 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
2024 $880 $231,690 $42,820 $188,870
2023 $1,020 $231,690 $42,820 $188,870
2022 $1,020 $231,690 $42,820 $188,870
2021 $955 $231,690 $42,820 $188,870
2020 $834 $191,720 $28,550 $163,170
2019 $834 $191,720 $28,550 $163,170
2018 $834 $191,720 $28,550 $163,170
2017 $814 $191,720 $28,550 $163,170
2015 $883 $191,720 $28,550 $163,170
2011 -- $278,000 $38,060 $239,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 25949150

APN: 7650-40-3257