NOT LISTED FOR SALE

83 Ledbetter Rd Cullowhee, NC 28723

Estimated Value: $377,881 - $399,000

4 Beds
2 Baths
1,715 Sq Ft
$225/Sq Ft Est. Value

Last Sold June 05, 2020

Last sale price $249,000 $145 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,145/month

29 Days on Market

Highlights

  • River Front
  • Valley View
  • Wood Flooring
  • Open Floorplan
  • Raised Ranch Architecture
  • Main Floor Primary Bedroom

About This Home

As of June 2020

River Front. Easy Access. Fully furnished. In-Law suite. Enjoy sounds of the Tuckasegee River while being close to endless outdoor activities with easy access to amenities and Western Carolina University. This Income producing short term rental is ideal for a family who needs separate living areas or continued use as a short term rental. Current sublease rates for nearby university could potentially gross over 33k a year and short term rental history currently generates 18k a year with potential to generate substantially more. Please see full virtual open house video walk thru on this site. or go to https://youtu.be/Bo_OkxZykKA

Last Agent to Sell the Property

Jon Tharp

Keller Williams Realty Of Franklin Brokerage Phone: 8285240100 License #305462 Listed on: 04/06/2020

Keller Williams Realty Of Franklin

Last Buyer's Agent

Kenna Faber

Kenna Faber Real Estate License #250396

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $628

Year Built

  • Built in 1971

Lot Details

  • 1.4 Acre Lot
  • River Front
  • Property fronts a state road

Home Design

  • Raised Ranch Architecture
  • Shingle Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 1,715 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Living Area on First Floor
  • Valley Views

Kitchen

  • Electric Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Fireplace in Basement
  • Finished Basement Bathroom
  • Basement with some natural light

Parking

  • No Garage
  • Paved Parking
  • Open Parking

Outdoor Features

  • Outbuilding

Utilities

  • Window Unit Cooling System
  • Heating System Uses Propane
  • Baseboard Heating
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 7559471148

Home Details

Home Type

Single Family

Est. Annual Taxes

$628

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.4
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Ownership: More than One Year
  • Directions: Traveling N on 107 from downtown Sylva, | L at old cullowhee rd | R at monteith Gap | R on ledbedder | L at first driveway
  • Architectural Style: Raised Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 1971
  • Kitchen Level: Basement
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8285240100
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Refrigerator, Exhaust Fan, Dryer, Washer, Electric Oven/Range
  • Has Basement: Full, Daylight, Finished, Exterior Entry, Finished Bath, Heated
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Doors-Insulated
  • Fireplace Features: Basement, Insert, Gas Log
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Ceramic Tile Bath, In-law Quarters, Living/Dining Room, Main Level Living, Open Floorplan, Primary on Main Level
  • Living Area: 1715
  • Window Features: Insulated Windows, Window Treatments
  • Room Bedroom2 Level: First
  • Room Bedroom4 Area: 109.1667
  • Room Bedroom4 Level: Basement
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 109.1667
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 83.25
  • Room Living Room Area: 318.9167
  • Room Bedroom3 Level: Basement
  • Room Kitchen Area: 96.25
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 12
  • Room Master Bedroom Area: 120
  • Room Dining Room Area: 62.5

Exterior Features

  • Lot Features: Unrestricted
  • View: View Year Round, Long Range View, Short Range View, Valley, View-Winter
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding, Stone
  • Other Structures: Outbuilding/Workshop
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: No Garage, Paved Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Propane, Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Public
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 60984
  • Parcel #: 7559471148
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 627.74
  • Tax Book Number: 1959

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2021
Sold by
Alvarez Ayala Angel
Bought by
Alvarez Ayala Angel and Alvarez Geisha
Current Estimated Value
$386,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,350
Outstanding Balance
$225,620
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$160,600

Purchase Details

Listed on
Apr 6, 2020
Closed on
Jun 4, 2020
Sold by
Nizam Farrukh and Nizam Lisa
Bought by
Alvarez Ayala Angel
Seller's Agent
Jon Tharp
Keller Williams Realty Of Franklin
Buyer's Agent
Kenna Faber
Kenna Faber Real Estate
List Price
$249,000
Sold Price
$249,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.63%
Original Mortgage
$249,000
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Closed on
Oct 26, 2012
Sold by
Alberts Cullowhee Llc
Bought by
Nizam Farrukh and Nizam Lisa
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
Alvarez Ayala Angel -- Mortgage Connect Lp
Alvarez-Ayala Angel -- None Listed On Document
Alvarez Ayala Angel $249,000 None Available
Nizam Farrukh $147,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez-Ayala Angel $249,350
Closed Alvarez-Ayala Angel $249,350
Previous Owner Alvarez Ayala Angel $249,000
Previous Owner Nizam Farrukh $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2020 06/05/20 Sold $249,000 0.0% $145 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $249,000 -- $145 / 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 $1,273 $335,087 $134,400 $200,687
2024 $914 $240,540 $120,960 $119,580
2023 $1,039 $240,540 $120,960 $119,580
2022 $1,039 $240,540 $120,960 $119,580
2021 $963 $240,540 $120,960 $119,580
2020 $628 $143,090 $80,640 $62,450
2019 $628 $143,090 $80,640 $62,450
2018 $628 $143,090 $80,640 $62,450
2017 $613 $143,090 $80,640 $62,450
2015 $494 $143,090 $80,640 $62,450
2011 -- $146,380 $67,200 $79,180
Source: Public Records

Agents Affiliated with this Home

  • Jon Tharp

    Seller's Agent in 2020

    Jon Tharp

    Keller Williams Realty Of Franklin

    (828) 200-7004

    6 in this area

    171 Total Sales

    Jon Tharp
    Section Image

  • K

    Buyer's Agent in 2020

    Kenna Faber

    Kenna Faber Real Estate

    (828) 331-9807

    6 in this area

    80 Total Sales

    Kenna Faber
    Section Image
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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26015259

APN: 7559-47-1148

North Carolina Jackson County Cullowhee 28723

83 Ledbetter Rd, Cullowhee, NC

This home is located at 83 Ledbetter Rd, Cullowhee, NC 28723 since 06 April 2020 and is currently estimated at $386,220, approximately $225 per square foot. This property was built in 1971. 83 Ledbetter Rd is a home located in Jackson County with nearby schools including Cullowhee Valley School and Smoky Mountain High School.

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