NOT LISTED FOR SALE

653 Summer Hill Rd Cullowhee, NC 28723

Estimated Value: $2,118,000 - $3,627,000

2 Beds
3.5 Baths
-- Sq Ft
1 Acres

Last Sold January 19, 2022

Last sale price $2,250,000

Est. 23% increase in value since last sale

Current estimated payment $15,387/month

64 Days on Market

Highlights

  • Lake Front
  • Panoramic View
  • Community Lake
  • Docks
  • Gated Community
  • Deck

About This Home

As of January 2022

This is lake living at its absolute finest in one of the premier, gated communities on Lake Glenville. Beautiful, extensive landscaping beckons you to the front door where, upon entry, a bank of windows across the large living room showcases a spectacular lake view. The cathedral ceilings bring in the light and beauty. An open deck, screened porch and three other porches offer cool mountain breezes and views at every turn. The kitchen has all updated appliances, including a Wolf range. The large owners' suite conveniently sits on the main level and comes complete with an adjoining porch. Family and friends will have ample space to relax and enjoy themselves downstairs in the family room. Also downstairs, the guest bedroom and bonus room both have private baths. An upstairs loft offers flexible space for whatever you might need or imagine - an office, a studio or just a cozy place to read and nap. Meander down to the fire pit and your own private dock on lit, stone steps. Enjoy all the lake has to offer - sunset cruises, water skiing, fishing, paddling and swimming - right from your backyard!

Last Agent to Sell the Property

Chuck Self

Silver Creek Real Estate Group, Inc. Brokerage Phone: 8287431999 License #274065 Listed on: 09/21/2021

Last Buyer's Agent

John Sheehan

Mountain Life Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,430

Year Built

  • Built in 2002

Lot Details

  • 1 Acre Lot
  • Lake Front
  • West Facing Home
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Garden

Property Views

  • Lake
  • Panoramic
  • Mountain

Home Design

  • Traditional Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1.5-Story Property
  • Furnished
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Stone Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Screened Porch
  • Finished Basement
  • Heated Basement
  • Dryer

Kitchen

  • Breakfast Bar
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Docks
  • Deck
  • Fire Pit

Utilities

  • Cooling System Powered By Gas
  • Central Air
  • Heating Available
  • Shared Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 7554-92-2436

Community Details

Overview

  • Property has a Home Owners Association
  • Summer Hill Subdivision
  • Community Lake

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,430

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Road Surface Type: Paved
  • Water Body Name: Lake Glenville
  • Subdivision Name: Summer Hill
  • Directions: From the Cashiers crossroads, take Hwy. 107 North and turn left onto North Norton Road (at Blue Ridge School). Continue for approx. 5 miles to right onto Lloyd Hooper Road (at Glenshore sign). Enter at white gates on right-hand side into Summer Hill subdivision. Follow Summer Hill Road for approx. 3/4 mile and #653 will be on the left.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 2002
  • Attribution Contact: 8287431999
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Oven, Microwave, Refrigerator, Washer
  • Has Basement: Finished, Heated
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Living Room, Stone
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Wood
  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Jetted Tub, Walk-In Closet(s)
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Partially Cleared, Rolling Slope, Wooded
  • View: Lake, Mountain(s), Panoramic
  • View: Yes
  • Waterfront Features: Lake
  • Construction Type: Frame
  • Direction Faces: West
  • Exterior Features: Dock, Fire Pit, Garden, Satellite Dish
  • Patio And Porch Features: Rear Porch, Covered, Deck, Enclosed, Screened, Side Porch, Wrap Around
  • Roof: Shingle

Garage/Parking

  • Parking Features: Paved, Parking Lot

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Gas
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Sewer: Septic Permit 2 Bedroom, Septic Tank
  • Utilities: High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Gated, Lake, Park
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 7554-92-2436
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 5430.0
  • Tax Lot: 4
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2021
Closed on
Jan 6, 2022
Sold by
Frey Qualified Personal Residence Trust
Bought by
Singer Jeffrey A and Singer Cheryl A
Seller's Agent
Chuck Self
Silver Creek Real Estate Group, Inc.
Buyer's Agent
John Sheehan
Mountain Life Real Estate, LLC
List Price
$2,995,000
Sold Price
$2,250,000
Premium/Discount to List
-$745,000
-24.87%
Current Estimated Value
$2,763,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$513,869
Avg. Annual Appreciation
-1.50%
Original Mortgage
$1,800,000
Outstanding Balance
$1,672,626
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$455,514

Purchase Details

Closed on
Dec 19, 2012
Sold by
Frey Lorraine
Bought by
Ferey M Wiliam and Ferey Lorraine

Purchase Details

Closed on
Dec 18, 2012
Sold by
Frey M William and The M William Frey Revocable T
Bought by
Grey Lorraine

Purchase Details

Closed on
Oct 24, 2005
Sold by
Surette Richard and Surette Patti
Bought by
Livin Frey M William and William Frey Revocable Livin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Singer Jeffrey A $2,250,000 April L Sgro Pllc
Ferey M Wiliam -- None Available
Grey Lorraine -- None Available
Livin Frey M William $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Singer Jeffrey A $1,800,000
Previous Owner Livin Frey M William $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2022 01/19/22 Sold $2,250,000 -24.9% --
01/05/2022 01/05/22 Pending -- -- --
09/21/2021 09/21/21 For Sale $2,995,000 -- --
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
2025 $9,499 $2,499,607 $800,000 $1,699,607
2024 $5,701 $1,500,220 $500,000 $1,000,220
2023 $6,267 $1,500,220 $500,000 $1,000,220
2022 $5,731 $1,369,420 $500,000 $869,420
2021 $5,204 $1,369,420 $500,000 $869,420
2020 $5,287 $1,290,040 $500,000 $790,040
2019 $5,287 $1,290,040 $500,000 $790,040
2018 $5,287 $1,290,040 $500,000 $790,040
2017 $5,158 $1,290,040 $500,000 $790,040
2015 $4,960 $1,290,040 $500,000 $790,040
2011 -- $1,636,370 $800,000 $836,370
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Chuck Self

    Silver Creek Real Estate Group, Inc.

    (828) 734-7302

    11 in this area

    84 Total Sales

    Chuck Self
    Section Image
  • John Sheehan

    Buyer's Agent in 2022

    John Sheehan

    Mountain Life Real Estate, LLC

    (404) 790-9716

    5 in this area

    51 Total Sales

    John Sheehan
    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 97507

APN: 7554-92-2436

North Carolina Jackson County Cullowhee 28723

653 Summer Hill Rd, Cullowhee, NC

This home is located at 653 Summer Hill Rd, Cullowhee, NC 28723 since 21 September 2021 and is currently estimated at $2,763,869. This property was built in 2002. 653 Summer Hill Rd is a home located in Jackson County with nearby schools including Blue Ridge School and Smoky Mountain High School.

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