NOT LISTED FOR SALE

510 Caribou Mountain Cullowhee, NC 28723

Estimated Value: $535,000 - $547,994

2 Beds
3 Baths
-- Sq Ft
1.13 Acres

Last Sold July 02, 2020

Last sale price $342,500

Est. 58% increase in value since last sale

Current estimated payment $3,038/month

10 Days on Market

Highlights

  • Docks
  • Deck
  • Cathedral Ceiling
  • Lake View
  • Wood Burning Stove
  • Covered Patio or Porch

About This Home

As of July 2020

The seller has instructed me to drop this amazing cottage $50,000 against my recommendation!!! This is the best deal around and will not last long!! Calling all investors or buyers that want to live in an income-producing property that has an owner's apartment. This storybook cabin has mountain and lake views and has deeded lake access to the community dock where you can park your boat or jet ski. Upstairs you have a 2 bedroom, 2 baths cabin that is light and bright with a double-sided fireplace, updated kitchen with new granite counters and appliances, and top of the line new 6.5" hickory plank floors throughout the main level with a 25-year warranty. Just off the living room and kitchen is a cute laundry room with new sliding barn doors, washer & dryer. The master bedroom has an amazing lake and mountain view, lots of new shelving in the walk-in closet, and many upgrades in the en suite bathroom. Downstairs you have a "New York City loft"-style apartment with a built-in platform bed and crib for a little one or your fur baby. The lower level has a separate entrance and is fully equipped to run independently from the upstairs. The wood craftsmanship is amazing! The seller just completed a $20,000 parking pad and turn around and framed it with a locust fence around it as well as on each end of the circular drive. All the heavy lifting has been done for you on this one all you have to do it make it your own! Don't miss the chance to buy this extensively renovated "Caribou Cabin" for below current market value.

Last Agent to Sell the Property

Dan Doughty

EXP Realty LLC Brokerage Phone: 8287430510 License #300273 Listed on: 05/22/2020

EXP Realty LLC

Last Buyer's Agent

Dan Doughty

EXP Realty LLC Brokerage Phone: 8287430510 License #300273 Listed on: 05/22/2020

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $963

Year Built

  • Built in 1982

Lot Details

  • 1.13 Acre Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Garden

HOA Fees

  • $58 Monthly HOA Fees

Property Views

  • Lake
  • Mountain

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Cathedral Ceiling
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Eat-In Kitchen

Bedrooms and Bathrooms

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

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Fireplace in Basement

Outdoor Features

  • Docks
  • Deck
  • Covered Patio or Porch
  • Fire Pit

Utilities

  • No Cooling
  • Heating Available
  • Private Water Source
  • Shared Well
  • Septic Tank

Community Details

  • Split Rail Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 7555-20-0973

Home Details

Home Type

Single Family

Est. Annual Taxes

$963

Year Built

Built in 1982

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.13
  • Subdivision Name: Split Rail
  • Directions: From the Crossroads in Cashiers take Highway 107 N towards Glenville. In approx 6.4 miles turn LEFT on to Pine Creek Road. Go another 3 miles and then LEFT again onto Caribou Mountain Road. Stay on Caribou Mountain Road for approximately 0.4 mile and the home will be on your RIGHT.
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1982
  • Attribution Contact: 8287430510
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Negotiable
  • Has Basement: Exterior Entry, Full, Finished, Heated, Bath/Stubbed, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Basement, Living Room, Masonry, Wood Burning, Wood BurningStove
  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, Walk-In Closet(s)

Exterior Features

  • Lot Features: Cleared, Rolling Slope
  • View: Lake, Mountain(s)
  • View: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Dock, Fire Pit, Garden, Other
  • Patio And Porch Features: Rear Porch, Covered, Deck, Front Porch, Porch
  • Roof: Metal

Garage/Parking

  • Parking Features: Gravel, Parking Lot

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Other, See Remarks
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Private, Shared Well

Condo/Co-op/Association

  • Community Features: Other
  • Association Fee: 700.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 49222.8
  • Parcel #: 7555-20-0973
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 962.88
  • Tax Lot: 9
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2020
Sold by
Mays Terri Lisa and Mays Richard Daniel
Bought by
Caribou Cabin Llc
Current Estimated Value
$541,497

Purchase Details

Listed on
May 22, 2020
Closed on
Jul 2, 2020
Sold by
Achey Mitchell Fitzpatrick
Bought by
Mays Terri Lisa and Helbig Jessica
Seller's Agent
Dan Doughty
EXP Realty LLC
Buyer's Agent
Dan Doughty
EXP Realty LLC
List Price
$349,000
Sold Price
$342,500
Premium/Discount to List
-$6,500
-1.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%

Purchase Details

Listed on
Sep 12, 2014
Closed on
Apr 21, 2018
Sold by
Fishback Margaret
Bought by
Achey Mitchell F
Seller's Agent
Sheila Owens
Landmark Realty Group - Frank Allen, Cashiers
Buyer's Agent
Susan Mills
Keller Williams Great Smokies
List Price
$375,000
Sold Price
$152,300
Premium/Discount to List
-$222,700
-59.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.03%
Original Mortgage
$121,840
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
Caribou Cabin Llc -- None Available
Mays Terri Lisa $342,500 None Available
Achey Mitchell F $153,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Achey Mitchell F $121,840
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2020 07/02/20 Sold $342,500 -1.9% --
06/16/2020 06/16/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $349,000 +129.2% --
04/30/2018 04/30/18 Sold $152,300 -59.4% -- View Prior Sale
04/16/2018 04/16/18 Pending -- -- --
09/13/2014 09/13/14 For Sale $375,000 -- --
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 $1,302 $342,573 $100,000 $242,573
2024 $849 $223,410 $75,000 $148,410
2023 $1,040 $223,410 $75,000 $148,410
2022 $1,040 $223,410 $75,000 $148,410
2021 $849 $223,410 $75,000 $148,410
2020 $963 $217,920 $100,000 $117,920
2019 $963 $217,920 $100,000 $117,920
2018 $828 $217,920 $100,000 $117,920
Source: Public Records

Agents Affiliated with this Home

  • Dan Doughty

    Seller's Agent in 2020

    Dan Doughty

    EXP Realty LLC

    (404) 964-2772

    11 in this area

    94 Total Sales

    Dan Doughty
    Section Image

  • S

    Seller's Agent in 2018

    Sheila Owens

    Landmark Realty Group - Frank Allen, Cashiers

    (828) 507-8852

    5 in this area

    35 Total Sales

    Sheila Owens
    Section Image

  • S

    Buyer's Agent in 2018

    Susan Mills

    Keller Williams Great Smokies

    (561) 213-2241

    13 in this area

    50 Total Sales

    Susan Mills
    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 93528

APN: 7555-20-0973

North Carolina Jackson County Cullowhee 28723

510 Caribou Mountain, Cullowhee, NC

This home is located at 510 Caribou Mountain, Cullowhee, NC 28723 since 22 May 2020 and is currently estimated at $541,497. This property was built in 1982. 510 Caribou Mountain is a home located in Jackson County with nearby schools including Blue Ridge School and Smoky Mountain High School.

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