NOT LISTED FOR SALE

548 Watson Branch Rd Cullowhee, NC 28723

Estimated Value: $292,145

2 Beds
1 Bath
480 Sq Ft
$609/Sq Ft Est. Value

Sale Details

Date Sold: June 5, 2025

Last sale price $296,500 $618 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,647 / mo

15 Days on Market

Highlights

  • 12.57 Acre Lot
  • Deck
  • Private Lot
  • Open Floorplan
  • Contemporary Architecture
  • Partially Wooded Lot

About This Home

As of June 2025

Discover your own mountain sanctuary with 12.57+/- acres of unrestricted land near Western Carolina University. There is a two bedroom, 1 bath home on the property that could potentially be converted into two units. From the top of this property, there are a few potential building sites with stunning long range views. ATV trails are already in place, along with a workshop. Endless opportunities await your dreams for this beautiful, private property. High speed internet available.

Last Agent to Sell the Property

Melissa Rogers

Keller Williams Great Smokies - Sylva Brokerage Phone: 8285864616 License #303085 Listed on: 04/15/2025

Keller Williams Great Smokies - Sylva

Last Buyer's Agent

Rebekah Smith

Bryson City Realty Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $784

Year Built

  • Built in 1990

Lot Details

  • 12.57 Acre Lot
  • Private Lot
  • Partially Wooded Lot

Parking

  • No Garage

Home Design

  • Contemporary Architecture
  • Cottage
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding
  • Block And Beam Construction

Interior Spaces

  • Open Floorplan
  • Insulated Windows
  • Insulated Doors
  • Combination Kitchen and Dining Room

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement

Outdoor Features

  • Deck

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Heating System Powered By Leased Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Watson Branch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7660113073

Home Details

Home Type

Single Family

Est. Annual Taxes

$784

Year Built

Built in 1990

Lot Details

12.57 Acres

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 12.57
  • Ownership: More than One Year
  • Subdivision Name: Watson Branch
  • Directions: From Old 107, turn onto Wayehutta Rd. Turn onto Watson Branch Rd. Follow to 548. Watch for real estate sign. GPS will not get you to this property.
  • Architectural Style: Contemporary, Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1990
  • NAV27_rets_property_type: Residential
  • NAV27_AllowsVacationRentalYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Gas Oven/Range, Refrigerator
  • Has Basement: Full
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Doors-Insulated
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Combination
  • Interior Amenities: Kitchen/Dining Room, Open Floorplan
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: Basement
  • Master Bedroom Master Bedroom Level: First

Exterior Features

  • Lot Features: Private, Unrestricted
  • View: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Vinyl Siding, Block
  • Patio And Porch Features: Deck
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Floor Furnace
  • 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: 547549.2
  • Parcel #: 7660113073

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 783.63
  • Tax Book Number: 2222

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2025
Closed on
Jun 2, 2025
Sold by
Snyder William Doyle and Snyder Linda G
Bought by
Reed Fredrick Gerald
Seller's Agent
Melissa Rogers
Keller Williams Great Smokies - Sylva
Buyer's Agent
Rebekah Smith
Bryson City Realty Group, LLC
List Price
$300,000
Sold Price
$296,500
Premium/Discount to List
-$3,500
-1.17%
Views
41
Current Estimated Value
$292,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,355
Avg. Annual Appreciation
-1.63%
Original Mortgage
$50,000
Outstanding Balance
$44,128
Interest Rate
8.1%
Mortgage Type
New Conventional
Estimated Equity
$248,017

Purchase Details

Listed on
Oct 27, 2017
Closed on
Sep 18, 2018
Sold by
Ketting Neil H and Ketting Ilona A
Bought by
Snyde William D and Snyder Linda G
Seller's Agent
Jennifer Bartlett
RE/MAX Awenasa Realty
Buyer's Agent
Mike Potts
Keller Williams Great Smokies - Sylva
List Price
$127,850
Sold Price
$127,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.36%
Original Mortgage
$129,850
Interest Rate
4.8%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records
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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
Reed Fredrick Gerald $296,500 None Listed On Document
Reed Fredrick Gerald $296,500 None Listed On Document
Snyde William D $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Fredrick Gerald $50,000
Closed Reed Fredrick Gerald $50,000
Open Reed Fredrick Gerald $260,988
Closed Reed Fredrick Gerald $260,988
Previous Owner Snyde William D $129,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/05/2025 06/05/25 Sold $296,500 -1.2% $618 / Sq Ft
04/30/2025 04/30/25 Pending -- -- --
04/15/2025 04/15/25 For Sale $300,000 +134.6% $625 / Sq Ft
09/21/2018 09/21/18 Sold $127,850 0.0% $266 / Sq Ft View Prior Sale
08/22/2018 08/22/18 Pending -- -- --
10/31/2017 10/31/17 For Sale $127,850 -- $266 / Sq Ft
Source: Carolina Smokies Association of REALTORS®

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 $1,055 $277,690 $109,560 $168,130
2024 $699 $183,850 $90,570 $93,280
2023 $784 $183,850 $90,570 $93,280
2022 $784 $183,850 $90,570 $93,280
2021 $699 $183,850 $90,570 $93,280
2020 $766 $184,050 $96,090 $87,960
2019 $766 $184,050 $96,090 $87,960
2018 $801 $193,220 $105,260 $87,960
2017 $782 $193,220 $105,260 $87,960
2015 $692 $193,220 $105,260 $87,960
2011 -- $224,650 $163,890 $60,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26040583

APN: 7660-11-3073

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