NOT LISTED FOR SALE

692 Walnut Gap Rd Cullowhee, NC 28723

Estimated Value: $1,127,444

6 Beds
5.5 Baths
-- Sq Ft
7.92 Acres

Last Sold October 06, 2020

Last sale price $670,000

Est. 68% increase in value since last sale

Current estimated payment $6,524/month

156 Days on Market

Highlights

  • 7.92 Acre Lot
  • Deck
  • Outdoor Fireplace
  • Mountain View
  • Cathedral Ceiling
  • Wood Flooring

About This Home

As of October 2020

You will never want to leave this mountain paradise! 7.92 unrestricted acres of one of the best maintained properties ever. Easy access to Lake Glenville boat ramp and beach minutes away and a place to store your boat, RV and other toys. High elevation and complete peace, quiet and privacy. Enter through the landscaped gate on gentle driveway which takes you past the historic 1949 renovated cabin featuring 2 bedrooms, two baths, furnished, laundry area and adjoining paver patio with standing stone fireplace. Picturesque barn and horse stables with fenced pasture areas, outdoor pavilion with large deck and brick oven on the way to the beautiful 3 level log home with 4 bedrooms, 4 baths, bonus spaces, move in ready. Chef's kitchen with lots of cabinets and granite countertops. Headwaters of Taylor Creek adjoin the property and plenty of sitting areas all around, and garden spaces abound!

Last Listed By

William Kruckenberger

Sapphire Valley Real Estate Brokerage Phone: 8287430466 Listed on: 02/29/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,556

Year Built

  • Built in 2008

Lot Details

  • 7.92 Acre Lot
  • Home fronts a stream
  • Fenced
  • Lot Has A Rolling Slope
  • Garden

Parking

  • 1 Car Garage
  • 2 Carport Spaces
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1.5-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Stone Fireplace
  • Living Room with Fireplace
  • Mountain Views
  • Home Security System
  • Dryer

Kitchen

  • Breakfast Bar
  • Microwave
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Outdoor Fireplace
  • Fire Pit
  • Porch

Farming

  • Pasture

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Private Water Source
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Walnut Gap Subdivision

Listing and Financial Details

  • Tax Lot 692, 690
  • Assessor Parcel Number 7534-91-3411

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,556

Year Built

Built in 2008

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 7.92
  • Co List Office Mls Id: 269
  • Co List Office Phone: 828-743-0466
  • Subdivision Name: Walnut Gap
  • Directions: From Cashiers take 107 North past the lake and turn left on Pine Creek Rd. Go across the dam, past the second boat ramp and bear right at the fork to stay on Pine Creek. Stay on Pine Creek and turn left on Walnut Gap Rd. At first fork, take the center road to stay on Walnut Gap. Go to 692 Walnut Gap Rd. which will be the first paved drive on the right with gates on either side at entrance.
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 2008
  • Attribution Contact: 8287430466
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Appliances: Dryer, Disposal, Gas Oven, Microwave, Refrigerator, Washer
  • Has Basement: Full, Finished, Heated, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Gas Log, Living Room, Outside, Stone
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)

Exterior Features

  • Fencing: Fenced
  • Lot Features: Pasture, Partially Cleared, Rolling Slope
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Stream
  • Construction Type: Log Siding
  • Exterior Features: Fire Pit, Garden, Gas Grill, Satellite Dish
  • Foundation Details: Block
  • Other Structures: Barn(s), Guest House, Gazebo, Residence, Shed(s)
  • Patio And Porch Features: Rear Porch, Deck, Front Porch, Porch
  • Roof: Metal, Shingle

Garage/Parking

  • Carport Spaces: 2.0
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 1.0
  • Parking Features: Carport, Garage, One Car Garage, Garage Door Opener, Paved, Parking Lot

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Gas, Heat Pump, Multi-Fuel
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Satellite Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Lot Info

  • Lot Size Sq Ft: 344995.2
  • Parcel #: 7534-91-3411
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 2556.37
  • Tax Lot: 692, 690
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2020
Closed on
Oct 6, 2020
Sold by
Bonestroo Anne B
Bought by
Driggers Charles P and Driggers Erica R
Seller's Agent
William Kruckenberger
Sapphire Valley Real Estate
Buyer's Agent
William Kruckenberger
Sapphire Valley Real Estate
List Price
$698,000
Sold Price
$670,000
Premium/Discount to List
-$28,000
-4.01%
Total Days on Market
156
Current Estimated Value
$1,127,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,444
Avg. Annual Appreciation
11.90%

Purchase Details

Closed on
May 15, 2006
Sold by
Deano David D and Deano Karen A
Bought by
Martinez Maria I

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
Driggers Charles P $670,000 None Available
Martinez Maria I $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Antonio $275,000
Previous Owner Martinez Antonio $125,374
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2020 10/06/20 Sold $670,000 -4.0% --
08/31/2020 08/31/20 Pending -- -- --
02/29/2020 02/29/20 For Sale $698,000 +13.5% --
08/30/2018 08/30/18 Sold $615,000 -11.6% --
07/20/2018 07/20/18 Pending -- -- --
05/22/2018 05/22/18 For Sale $696,000 -- --
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 $2,555 $672,320 $147,050 $525,270
2023 $2,892 $672,320 $147,050 $525,270
2022 $2,892 $672,320 $147,050 $525,270
2021 $2,555 $672,320 $147,050 $525,270
2020 $2,556 $607,830 $152,280 $455,550
2019 $2,556 $607,830 $152,280 $455,550
2018 $2,556 $607,830 $152,280 $455,550
2017 $2,496 $607,830 $152,280 $455,550
2015 $2,028 $607,830 $152,280 $455,550
2011 -- $645,250 $157,530 $487,720
Source: Public Records

Agents Affiliated with this Home

  • William Kruckenberger

    Seller's Agent in 2020

    William Kruckenberger

    SAPPHIRE VALLEY REAL ESTATE

    (828) 506-8398

    1 in this area

    102 Total Sales

    William Kruckenberger
    Section Image

  • R

    Seller Co-Listing Agent in 2020

    Rene' Gibson

    SAPPHIRE VALLEY REAL ESTATE

    (828) 508-5091

    3 in this area

    7 Total Sales

    Rene' Gibson
    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 93034

APN: 7534-91-3411

North Carolina Jackson County Cullowhee 28723

692 Walnut Gap Rd, Cullowhee, NC

Homes for Sale in Cullowhee, NC

This home is located at 692 Walnut Gap Rd, Cullowhee, NC 28723 since 29 February 2020 and is currently priced at $1,127,444. This property was built in 2008. 692 Walnut Gap Rd is a home located in Jackson County with nearby schools including Blue Ridge School and Smoky Mountain High School.

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