NOT LISTED FOR SALE

500 Double Springs Ln Cullowhee, NC 28723

Estimated Value: $660,000 - $882,000

3 Beds
3.5 Baths
4,400 Sq Ft
$178/Sq Ft Est. Value

Last Sold January 18, 2018

Last sale price $292,000 $66 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $4,501/month

35 Days on Market

Highlights

  • 5.01 Acre Lot
  • Deck
  • Wood Flooring
  • Mountain View
  • Cathedral Ceiling
  • No HOA

About This Home

As of January 2018

Perched at over 4,000 feet, this attractive three bedroom, three and a half bath home offers cool summer breezes and gorgeous mountain views. Features include an open great room with a stone wood-burning fireplace, rich wood floors and ceilings, open and covered decks, a full generator, and an unfinished lower level of approximately 2,500 square feet. Visiting family and friends will enjoy plenty of room and privacy. The spacious five-acre property is filled with mature trees and has a classic red barn. A six-minute drive leads to a fantastic waterfall, hiking trails and a public park with boat launch on scenic Lake Glenville. Explore this sparkling lake with its 26 miles of shoreline while boating, waterskiing, fishing or swimming. Lots of opportunities for fun for the entire family!

Last Listed By

Dan Allen

SILVER CREEK REAL ESTATE GROUP, INC. Brokerage Phone: 8287431999 License #216684 Listed on: 10/10/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,213

Year Built

  • Built in 2006

Lot Details

  • 5.01 Acre Lot
  • Steep Slope
  • Garden

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Mountain Views
  • Dryer

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Unfinished Basement

  • Heated Basement
  • Walk-Out Basement
  • Interior and Exterior Basement Entry

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Tankless Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot TR B
  • Assessor Parcel Number 7545-89-8631

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,213

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.01
  • Subdivision Name: None
  • Directions: 107 North to left on Pine Creek. Right on Cullowhee Mountain Road. Left on Double Springs. Pass several homes then go up driveway, pass farm house with garage. Property starts at the red barn. Look for real estate signs.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2006
  • Attribution Contact: 8287431999
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Disposal, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Exterior Entry, Heated, Interior Entry, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Cathedral Ceiling(s), Central Vacuum, Jetted Tub, Pantry, Walk-In Closet(s)
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Partially Cleared, Rolling Slope, Steep Slope
  • View: Mountain(s)
  • View: Yes
  • Construction Type: Frame, Concrete
  • Exterior Features: Garden, Satellite Dish
  • Other Structures: Barn(s), Workshop
  • Patio And Porch Features: Rear Porch, Covered, Deck, Front Porch, Porch
  • Roof: Shingle

Garage/Parking

  • Parking Features: Gravel, None

Utilities

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

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Lot Info

  • Lot Size Sq Ft: 218235.6
  • Parcel #: 7545-89-8631
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 2213.0
  • Tax Lot: TR B
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2021
Sold by
Jones Brandy
Bought by
Jones Brandy and Jones Zay Harold
Total Days on Market
35
Current Estimated Value
$783,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Outstanding Balance
$82,640
Interest Rate
3.1%
Mortgage Type
Stand Alone Second
Estimated Equity
$700,912

Purchase Details

Listed on
Oct 10, 2017
Closed on
Jan 18, 2018
Sold by
Greene Marshall T and Greene Maria
Bought by
Jones Brandy
Seller's Agent
Dan Allen
SILVER CREEK REAL ESTATE GROUP, INC.
Buyer's Agent
Marsha Jones
Elite Mountain Realty, Inc.
List Price
$335,900
Sold Price
$292,000
Premium/Discount to List
-$43,900
-13.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.44%
Original Mortgage
$277,400
Interest Rate
4.3%
Mortgage Type
New Conventional

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
Jones Brandy -- Boston National Title
Jones Brandy $292,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Brandy $93,000
Open Jones Brandy $434,000
Closed Jones Brandy $277,400
Previous Owner Greene Marshall $177,500
Previous Owner Elliott Donald H $100,000
Previous Owner Elliott Donald H $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2018 01/18/18 Sold $292,000 -13.1% $66 / Sq Ft
01/06/2018 01/06/18 Pending -- -- --
10/10/2017 10/10/17 For Sale $335,900 -- $76 / 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
2024 $1,882 $495,350 $117,320 $378,030
2023 $1,882 $495,350 $117,320 $378,030
2022 $2,168 $495,350 $117,320 $378,030
2021 $1,882 $495,350 $117,320 $378,030
2020 $2,266 $535,930 $84,170 $451,760
2019 $2,266 $535,930 $84,170 $451,760
2018 $2,266 $535,930 $84,170 $451,760
2017 $2,213 $535,930 $84,170 $451,760
2015 $1,900 $535,930 $84,170 $451,760
2011 -- $602,300 $127,760 $474,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 87057

APN: 7545-89-8631