NOT LISTED FOR SALE

516 Nicholson Cove Rd Cullowhee, NC 28723

Estimated Value: $251,000 - $267,179

2 Beds
1 Bath
-- Sq Ft
5.3 Acres

Last Sold February 07, 2020

Last sale price $159,900

Est. 62% increase in value since last sale

Current estimated payment $1,456/month

88 Days on Market

Highlights

  • Barn
  • 5.3 Acre Lot
  • Deck
  • RV Access or Parking
  • New Kitchen
  • Hilly Lot

About This Home

As of February 2020

Pristine and private.........sit back and relax on the screened porch of this meticulously maintained cottage nestled on just over 5 acres of exquisite mountain land. This home has a remodeled kitchen with all brand new appliances...they've literally never been used! The bathroom has new fixtures also. A new well was recently drilled (complete with water filtration system), plumbing has been redone, and new flooring has been installed. Lots of TLC has gone into this home, and it shows! There's a large front deck and a lovely, easy to maintain front yard. In addition, there is a barn/outbuilding that can be used to house animals or for additional storage for outdoor equipment. Hike in the woods and enjoy being removed from the daily grind! This is a lovely property and a "must see"!

Last Agent to Sell the Property

Connie Millsaps

RE/MAX Elite Realty Brokerage Phone: 8283494600 License #117723 Listed on: 10/11/2019

RE/MAX Elite Realty

Last Buyer's Agent

Board Member Non

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $417

Year Built

  • Built in 1981

Lot Details

  • 5.3 Acre Lot
  • Private Lot
  • Level Lot
  • Open Lot
  • Hilly Lot
  • Partially Wooded Lot

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Cottage
  • Rustic Architecture
  • Cabin
  • Metal Roof
  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • Window Screens
  • Living Area on First Floor
  • Combination Kitchen and Dining Room
  • Screened Porch
  • Laminate Flooring
  • Washer

Kitchen

  • New Kitchen
  • Gas Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Outdoor Storage
  • Outbuilding

Farming

  • Barn

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heating System Powered By Leased Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7578738886

Home Details

Home Type

Single Family

Est. Annual Taxes

$417

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 5.3
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Directions: From Sylva, take Highway 107 to left on Caney Fork Road. Follow Caney Fork for 4 miles and turn right onto John's Creek. Follow John's Creek for 1/2 mile and turn right onto Nicholson Cove. At the fork, bear right. This is the driveway for the house.
  • Architectural Style: Traditional, Ranch/Single, Cottage, Cabin
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1981
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8283494600
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Microwave, Washer, Gas Oven/Range, Refrigerator
  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: New Kitchen, Kitchen/Dining Room, Main Level Living, Ceiling Fan(s)
  • Window Features: Screens
  • Room Bedroom2 Level: First
  • Room Bedroom3 Area: 113.3333
  • Room Bedroom2 Area: 109.5556
  • Room Living Room Area: 204.4444
  • Room Bedroom3 Level: First

Exterior Features

  • Lot Features: Level Yard, Private, Allow RVs, Wooded, Hilly/Steep, Rolling, Level, Open Lot, Unrestricted
  • View: No
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Rustic Appearance
  • Other Structures: Outbuilding/Workshop, Barn(s), Storage Building/Shed
  • Patio And Porch Features: Deck, Screened Porch/Deck, Porch
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, None-Carport

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Wood, Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Gas Company: Propane Tank: Leased

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 230868
  • Parcel #: 7578738886
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 417.34
  • Tax Book Number: 2062

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Feb 6, 2020
Sold by
Barnes Larry and Barnes Elizabeth
Bought by
Delozier Lori E
Seller's Agent
Connie Millsaps
RE/MAX Elite Realty
Buyer's Agent
Board Member Non
List Price
$159,900
Sold Price
$159,900
Current Estimated Value
$259,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,190
Avg. Annual Appreciation
8.88%
Original Mortgage
$151,905
Outstanding Balance
$134,857
Interest Rate
3.74%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$124,233

Purchase Details

Closed on
Dec 31, 2014
Sold by
Strickland Karen C and Peters Howard H
Bought by
Barnes Larry and Barnes Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Delozier Lori E $160,000 None Available
Barnes Larry $77,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delozier Lori E $151,905
Previous Owner Barnes Larry $61,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2020 02/07/20 Sold $159,900 0.0% --
01/08/2020 01/08/20 Pending -- -- --
10/11/2019 10/11/19 For Sale $159,900 -- --
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
2025 $919 $241,876 $59,740 $182,136
2024 $608 $160,060 $54,760 $105,300
2023 $733 $160,060 $54,760 $105,300
2022 $733 $160,060 $54,760 $105,300
2021 $608 $160,060 $54,760 $105,300
2020 $417 $87,720 $48,270 $39,450
2019 $417 $87,720 $48,270 $39,450
2018 $414 $87,720 $48,270 $39,450
2017 $405 $86,810 $47,360 $39,450
2015 -- $86,810 $47,360 $39,450
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26013888

APN: 7578-73-8886