NOT LISTED FOR SALE

57 Timoshaw Trail Cullowhee, NC 28723

Estimated Value: $167,000 - $382,000

2 Beds
2 Baths
-- Sq Ft
1.67 Acres

Last Sold January 28, 2021

Last sale price $165,000

Est. 65% increase in value since last sale

Current estimated payment $1,597/month

97 Days on Market

Highlights

  • View of Trees or Woods
  • Traditional Architecture
  • Baseboard Heating
  • Deck
  • Tile Flooring
  • Fenced

About This Home

As of January 2021

This wonderful two-bedroom, two-bath mountain home is situated at 4,200 feet of elevation on 1.67 +/- acres, promising lovely summers, and soft breezes. This mountain getaway offers an open and flowing floor plan with plenty of windows for natural light. A wood-burning fireplace on the main level offers a cozy spot to relax on cool mountain nights. The grassy, level backyard is the perfect place for children or pets to explore with plenty of space toadd a fire pit area or a small garden. This home is only minutes from Lake Glenville and the public Pine Creek boat launch and also convenient to Cashiers, Highlands, and Franklin. This would be a great property for someone handy to enjoy and fix up further or for anyone who just wants a place to escape to the mountains!

Last Listed By

Eddy McDonald

Silver Creek Real Estate Group - H Brokerage Phone: 8287431999 Listed on: 07/22/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $630

Year Built

  • Built in 1978

Lot Details

  • 1.67 Acre Lot
  • Fenced
  • Lot Has A Rolling Slope
  • Cleared Lot

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1-Story Property
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Views of Woods
  • Dishwasher
  • Finished Basement

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Baseboard Heating
  • Well
  • Septic Tank

Community Details

  • Walnut Gap Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7534-92-2485

Home Details

Home Type

Single Family

Est. Annual Taxes

$630

Year Built

Built in 1978

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.67
  • Subdivision Name: Walnut Gap
  • Directions: From the Crossroads, take Highway 107 North to Pine Creek Road on your left. Follow Pine Creek Road to Walnut Gap on your left. Turn left and proceed to Timoshaw Trail on the right. Once you turn right, first house on the left.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1978
  • Attribution Contact: 8287431999
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Oven
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Masonry
  • Fireplace: Yes
  • Flooring: Laminate, Tile

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cleared, Rolling Slope
  • View: Trees/Woods
  • View: Yes
  • Construction Type: Frame
  • Exterior Features: Satellite Dish
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Front Porch
  • Roof: Metal

Garage/Parking

  • Parking Features: Gravel, None

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 250.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 72745.2
  • Parcel #: 7534-92-2485
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 630.0
  • Tax Lot: 0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2020
Closed on
Dec 31, 2020
Sold by
West Jerry C and West Hannah D
Bought by
Denisoff Alex and Denisoff Alisa
Seller's Agent
Eddy McDonald
Silver Creek Real Estate Group - H
Buyer's Agent
John Sheehan
Mountain Life Real Estate, LLC
List Price
$185,000
Sold Price
$165,000
Premium/Discount to List
-$20,000
-10.81%
Total Days on Market
97
Current Estimated Value
$272,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,107
Avg. Annual Appreciation
12.25%
Original Mortgage
$132,000
Outstanding Balance
$119,075
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$153,032

Purchase Details

Closed on
Jun 1, 2007
Sold by
Smith Rebecca S
Bought by
West Jerry C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.25%
Mortgage Type
New Conventional

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
Denisoff Alex $165,000 None Available
West Jerry C $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denisoff Alex $132,000
Previous Owner West Jerry C $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2021 01/28/21 Sold $165,000 -10.8% --
12/24/2020 12/24/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $185,000 -- --
Source: Highlands-Cashiers Board 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
2024 $641 $168,760 $39,700 $129,060
2023 $816 $168,760 $39,700 $129,060
2022 $816 $168,760 $39,700 $129,060
2021 $641 $168,760 $39,700 $129,060
2020 $629 $135,190 $27,960 $107,230
2019 $629 $135,190 $27,960 $107,230
2018 $629 $135,190 $27,960 $107,230
2017 $616 $135,190 $27,960 $107,230
2015 $524 $119,710 $27,960 $91,750
2011 -- $147,590 $39,600 $107,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 94083

APN: 7534-92-2485