NOT LISTED FOR SALE

569 Walnut Gap Rd Cullowhee, NC 28723

Estimated Value: $479,553 - $577,000

3 Beds
1 Bath
1,241 Sq Ft
$420/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $380,000 $306 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,872/month

1 Day on Market

Highlights

  • Water Views
  • Heavily Wooded Lot
  • Private Lot
  • 7.74 Acre Lot
  • Deck
  • Pine Flooring

About This Home

As of October 2021

This is truly a one of a kind property. Several waterfalls on property, and paths that run along creeks and waterfalls. The house is located next to a stepping stone natural waterfall that provides a beautiful view of the creek and that pleasant sound of rushing water. A gazebo is located creekside for reading or just relaxing. Very private setting with long easy access driveway. Elevation over 4,000' for cool summer and fall days. House is turnkey for rental or second home. Everything is included from all furniture to place settings and cleaning supplies. Stone fireplace that was once wood burning is now gas logs. Could easily be converted back to wood. The deck has just been replaced in it's entirety, and offers the ultimate spot to enjoy the sunshine and listen to the rush of water below. Wonderful path on the property for great walks along the creek.

Last Agent to Sell the Property

Jack Lurie

Lurie Realty Brokerage Phone: 2392339006 License #305067 Listed on: 09/16/2021

Last Buyer's Agent

Jack Lurie

Lurie Realty Brokerage Phone: 2392339006 License #305067 Listed on: 09/16/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $903

Year Built

  • Built in 1977

Lot Details

  • 7.74 Acre Lot
  • Home fronts a stream
  • Private Lot
  • Heavily Wooded Lot

Parking

  • No Garage

Home Design

  • Rustic Architecture
  • Cabin
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,241 Sq Ft Home
  • 1.5-Story Property
  • Furnished
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Stone Fireplace
  • Insulated Windows
  • Window Screens
  • Combination Dining and Living Room
  • Water Views
  • Partial Basement
  • Electric Oven or Range

Flooring

  • Pine Flooring
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Powered By Owned Propane
  • Baseboard Heating
  • Water Filtration System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Walnut Gap Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7544025316

Home Details

Home Type

Single Family

Est. Annual Taxes

$903

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 7.74
  • Road Frontage Type: Community
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Subdivision Name: Walnut Gap
  • Directions: From Franklin: Highlands Rd towards Highlands to left on Walnut Creek Rd. Approx 6 miles to right on Walnut Gap Rd. Approx 1/2 mile to driveway on left. From Sylva: 107 towards Glenville to right on Pine Creek Rd. Approx 6 miles to left on Walnut Gap Rd. Approx 1/2 mile to driveway on left. Can also take Cullowhee Mountain Rd to Pine Creek Rd instead of 107.
  • Architectural Style: Cabin
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Year Built: 1977
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Electric Water Heater, Water Filter System, Refrigerator, Dryer, Washer, Electric Oven/Range
  • Has Basement: Partial
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Doors-Screens
  • Fireplace Features: Wood Burning, Gas Log, Stone
  • Fireplace: Yes
  • Flooring: Carpet, Pine, Vinyl
  • Interior Amenities: Living/Dining Room, Large Master Bedroom
  • Living Area: 1241
  • Main Level Bathrooms: 1
  • Window Features: Screens, Insulated Windows
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 68.0833
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom2 Area: 121.9167
  • Room Living Room Area: 37.8333
  • Room Bedroom3 Level: First
  • Room Kitchen Area: 74.2708
  • Master Bedroom Master Bedroom Width: 20.9167
  • Room Master Bedroom Area: 287.6042

Exterior Features

  • Lot Features: Private, Elevation over 3000, Elevation over 4000, Wooded, Other-See Remarks
  • View: Water
  • View: Yes
  • Waterfront Features: Stream/Creek
  • Home Warranty: No
  • Waterfront Elevation: 4080
  • Construction Type: Wood Siding
  • Exterior Features: Rustic Appearance
  • Patio And Porch Features: Deck
  • Roof: Metal

Garage/Parking

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

Utilities

  • Laundry Features: First Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Propane, Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well, Private
  • Gas Company: Propane Tank: Owned

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 337154.4
  • Parcel #: 7544025316
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 902.91
  • Tax Book Number: 936

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Oct 8, 2021
Sold by
Shroka Edna M
Bought by
Moore Jeffrey Thomas and Moore Casey Bailey
Seller's Agent
Jack Lurie
Lurie Realty
Buyer's Agent
Jack Lurie
Lurie Realty
List Price
$380,000
Sold Price
$380,000
Current Estimated Value
$521,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,638
Avg. Annual Appreciation
7.83%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moore Jeffrey Thomas $375,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $380,000 0.0% $306 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/18/2021 09/18/21 For Sale $380,000 -- $306 / 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 $1,563 $411,323 $170,360 $240,963
2024 $1,019 $268,110 $123,540 $144,570
2023 $1,223 $268,110 $123,540 $144,570
2022 $1,223 $268,110 $123,540 $144,570
2021 $786 $206,960 $66,770 $140,190
2020 $742 $163,110 $53,430 $109,680
2019 $742 $163,110 $53,430 $109,680
2018 $742 $163,110 $53,430 $109,680
2017 $726 $163,110 $53,430 $109,680
2015 $705 $163,110 $53,430 $109,680
2011 -- $208,330 $78,260 $130,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26021066

APN: 7544-02-5316