510 Caribou Mountain Cullowhee, NC 28723
2
Beds
3
Baths
--
Sq Ft
1.13
Acres
Highlights
- Docks
- Deck
- Cathedral Ceiling
- Lake View
- Wood Burning Stove
- Covered patio or porch
About This Home
As of July 2020The 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
Keller Williams Great Smokies Brokerage Phone: 8287430510 License #300273 Listed on: 05/22/2020
Last Buyer's Agent
Keller Williams Great Smokies Brokerage Phone: 8287430510 License #300273 Listed on: 05/22/2020
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
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
Total Days on Market
10
Current Estimated Value
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
Keller Williams Great Smokies
Buyer's Agent
Dan Doughty
Keller Williams Great Smokies
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
5.09%
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
Similar Homes in Cullowhee, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $342,500 | None Available | |
| Warranty Deed | $153,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $199,379 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $121,840 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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% | -- |
| 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
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 | $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
Keller Williams Great Smokies
(954) 612-5576
12 in this area
99 Total Sales
-
Sheila Owens
S
Seller's Agent in 2018
Sheila Owens
Landmark Realty Group - Frank Allen, Cashiers
(828) 507-8852
6 in this area
38 Total Sales
-
Susan Mills
S
Buyer's Agent in 2018
Susan Mills
Keller Williams Great Smokies
(561) 213-2241
11 in this area
50 Total Sales
Map
Source: Highlands-Cashiers Board of REALTORS®
MLS Number: 93528
APN: 7555-20-0973
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