NOT LISTED FOR SALE

525 Cabin Ridge Cullowhee, NC 28723

Estimated Value: $428,000 - $477,000

3 Beds
2 Baths
2,052 Sq Ft
$221/Sq Ft Est. Value

Last Sold February 13, 2023

Last sale price $389,000 $190 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,575/month

25 Days on Market

Highlights

  • Custom Home
  • Open Floorplan
  • Deck
  • 3.99 Acre Lot
  • Heavily Wooded Lot
  • Private Lot

About This Home

As of February 2023

Full cathedral wall of glass windows/doors to allow the sunshine in. Walk out onto the screened porch with your morning or evening beverage of choice. WIRED FOR WHOLE HOUSE GENERATOR. Split floor plan gives added quiet time. The spacious kitchen boasts stunning new CURAVA {recycled glass} countertops, double wall ovens and gas cook top. The soaring cathedral ceiling and beautiful hardwood flooring in the great room will impress you from the minute you arrive. French doors in the great room open to a large screened porch. Large master suite has a wonderful soaking tub, double sinks, his & hers closets, hardwood flooring and french doors opening to a deck with a mountain view. Split floor plan offers 2 additional bedrooms one with hardwood floor. Bathrooms and laundry room boasts new tile flooring. Appliances have been removed except for double wall oven and countertop gas stove. Propane from Freeman Gas. Frontier Fiber Internet IIRC. Recent home inspection available upon signed contract.

Last Agent to Sell the Property

Joe Coone

Keller Williams - Great Smokies - Bc Brokerage Email: 8284885777, pmcdowell@kw.com License #310951 Listed on: 12/19/2022

Keller Williams - Great Smokies - Bc

Last Buyer's Agent

Michael Peak

Mason Peak Mountain Properties, LLC License #308526

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,158

Year Built

  • Built in 2006

Lot Details

  • 3.99 Acre Lot
  • Private Lot
  • Level Lot
  • Open Lot
  • Heavily Wooded Lot

Home Design

  • Custom Home
  • Shingle Roof
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 2,052 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Insulated Windows
  • Insulated Doors
  • Living Area on First Floor
  • Combination Kitchen and Dining Room
  • Screened Porch
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • 2 Attached Carport Spaces

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Cooling Available
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Water Filtration System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Higher Ground Gardens Subdivision
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 7548717777

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,158

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 3.99
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Subdivision Name: Higher Ground Gardens
  • Directions: From Sylva: S. 107 to R. at Cullowhee Mtn. Rd (where JC Rec Center is located). Go 1 mile and stay right- go .3 miles and turn right on Pressley Creek- go .7 miles and turn left on Cabin Ridge Rd- go .5 miles to house # 525.
  • Architectural Style: Custom
  • Carport Y N: Yes
  • Garage Yn: No
  • Year Built: 2006
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8284885777, pmcdowell@kw.com
  • NAV27_AllowsVacationRentalYN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Water Filter System, Other-See Remarks
  • Has Basement: Exterior Entry, Crawl Space, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Doors-Insulated
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Ceramic Tile
  • Interior Amenities: Breakfast Bar, Cathedral/Vaulted Ceiling, Soaking Tub, Kitchen Island, Kitchen/Dining Room, Kitchen/FR Combo, Large Master Bedroom, Main Level Living, Primary w/Ensuite, Primary on Main Level, Open Floorplan, Split Bedroom, Walk-In Closet(s), Other
  • Living Area: 2052
  • Main Level Bathrooms: 2
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: First
  • Room Family Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 17
  • Room Master Bedroom Area: 340

Exterior Features

  • Lot Features: Level, Open Lot, Private, Rolling, Wooded
  • View: Long Range View, Short Range View, View-Winter, View Year Round
  • View: Yes
  • Home Warranty: No
  • Waterfront Elevation: 2400
  • Construction Type: HardiPlank Type
  • Other Structures: Storage Building/Shed
  • Patio And Porch Features: Deck, Porch, Screened Porch/Deck
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: Carport-Double Attached

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • 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: 173804.4
  • Parcel #: 7548717777
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1157.94
  • Tax Book Number: 002253

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2022
Closed on
Feb 13, 2023
Sold by
Spong John Ilich
Bought by
Salters Ronald Wayne and Mccloud Donna Jo
Seller's Agent
Joe Coone
Keller Williams - Great Smokies - Bc
Buyer's Agent
Michael Peak
Mason Peak Mountain Properties, LLC
List Price
$414,900
Sold Price
$389,000
Premium/Discount to List
-$25,900
-6.24%
Views
99
Current Estimated Value
$454,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,333
Avg. Annual Appreciation
5.71%
Original Mortgage
$214,000
Outstanding Balance
$207,511
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$241,645

Purchase Details

Listed on
Aug 13, 2019
Closed on
Nov 6, 2019
Sold by
Newkirk Al G
Bought by
Ilich and Spong John
Seller's Agent
Kim Preston
Keller Williams Great Smokies - Sylva
Buyer's Agent
Joe Coone
Keller Williams - Great Smokies - Bc
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%
Original Mortgage
$260,988
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 2006
Sold by
Grimes Jeffrey Robert and Grimes Penney Sanders
Bought by
Newkirk Al G and Newkirk Kandi R
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
Salters Ronald Wayne $389,000 --
Ilich $285,000 --
Newkirk Al G $37,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salters Ronald Wayne $214,000
Previous Owner Ilich $260,988
Previous Owner Newkirk Al G $291,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2023 02/13/23 Sold $389,000 -6.2% $190 / Sq Ft
01/14/2023 01/14/23 Pending -- -- --
12/19/2022 12/19/22 For Sale $414,900 +45.6% $202 / Sq Ft
11/07/2019 11/07/19 Sold $285,000 0.0% $139 / Sq Ft
10/08/2019 10/08/19 Pending -- -- --
08/14/2019 08/14/19 For Sale $285,000 -- $139 / 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
2025 $1,848 $486,317 $72,960 $413,357
2024 $1,158 $304,720 $68,760 $235,960
2023 $1,283 $304,720 $68,760 $235,960
2022 $1,283 $304,720 $68,760 $235,960
2021 $1,194 $304,720 $68,760 $235,960
2020 $1,106 $269,070 $73,740 $195,330
2019 $1,106 $269,070 $73,740 $195,330
2018 $1,106 $269,070 $73,740 $195,330
2017 $1,080 $269,070 $73,740 $195,330
2015 $1,079 $269,070 $73,740 $195,330
2011 -- $355,280 $61,050 $294,230
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Joe Coone

    Keller Williams - Great Smokies - Bc

    (828) 736-1977

    2 in this area

    42 Total Sales

    Joe Coone
    Section Image
  • Michael Peak

    Buyer's Agent in 2023

    Michael Peak

    Mason Peak Mountain Properties, LLC

    (828) 371-1104

    3 in this area

    68 Total Sales

    Michael Peak
    Section Image
  • Kim Preston

    Seller's Agent in 2019

    Kim Preston

    Keller Williams Great Smokies - Sylva

    (828) 506-7306

    10 in this area

    86 Total Sales

    Kim Preston
    Section Image
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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26029284

APN: 7548-71-7777

North Carolina Jackson County Cullowhee 28723

525 Cabin Ridge, Cullowhee, NC

This home is located at 525 Cabin Ridge, Cullowhee, NC 28723 since 19 December 2022 and is currently estimated at $454,333, approximately $221 per square foot. This property was built in 2006. 525 Cabin Ridge is a home located in Jackson County with nearby schools including Cullowhee Valley School and Smoky Mountain High School.

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