NOT LISTED FOR SALE

85 Splendor Cove Rd Cullowhee, NC 28723

Estimated Value: $1,238,000 - $2,273,000

4 Beds
3 Baths
-- Sq Ft
44,867 Sq Ft Lot

Last Sold October 02, 2015

Last sale price $521,500

Est. 231% increase in value since last sale

Current estimated payment $9,475/month

1,325 Days on Market

Highlights

  • Lake Front
  • Cathedral Ceiling
  • Covered Patio or Porch
  • Docks
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of October 2015

Lake Glenville lake front home on very flat property. Faces west for great sunsets. It has all the charm of the original 1950 mountain home with the convenience of modern remodel and additions. 3 bedrooms and all living areas on one floor with an additional loft bunk room. Great covered porch, huge covered picnic area, dock, and lakeside deck. Wonderful yard for lakeside activities.

Last Agent to Sell the Property

Ray Trine

Silver Creek Real Estate Group, Inc. Brokerage Phone: 8287431999 Listed on: 09/26/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,400

Year Built

  • Built in 1950

Lot Details

  • 1.03 Acre Lot
  • Lake Front

Property Views

  • Lake
  • Mountain

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Stone Fireplace
  • Living Room with Fireplace
  • Crawl Space
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Propane Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Docks
  • Covered Patio or Porch

Utilities

  • Cooling Available
  • Central Heating
  • Private Water Source
  • Septic Tank

Community Details

  • Property has a Home Owners Association
  • Sunset Cove Subdivision

Listing and Financial Details

  • Tax Lot 1,1A
  • Assessor Parcel Number 7565-00-9970

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,400

Year Built

Built in 1950

Lot Details

1.03 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.03
  • Road Surface Type: Paved
  • Water Body Name: Lake Glenville
  • Subdivision Name: Sunset Cove
  • Directions: Take Highway 107 to Pine Creek Road - turn into Sunset Cove next to entrance of Andrews Park - go down the paved road to the gravel drive on left - take gravel drive to first house on right - red paint and red/brown shingles
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1950
  • Attribution Contact: 8287431999
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Disposal, Gas Oven, Propane Cooktop, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Stone
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Eat-in Kitchen, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior Features

  • Lot Features: Level
  • View: Lake, Mountain(s)
  • View: Yes
  • Waterfront Features: Lake
  • Construction Type: Wood Siding
  • Exterior Features: Dock
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Porch
  • Roof: Shingle

Garage/Parking

  • Parking Features: Gravel, Parking Lot

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Satellite Internet Available
  • Water Source: Private

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 44866.8
  • Parcel #: 7565-00-9970
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 2400.0
  • Tax Lot: 1,1A
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2011
Closed on
Sep 30, 2015
Sold by
Schoepfer Joseph O
Bought by
Mckeeby Benjamin and Mckeeby Stacy
Seller's Agent
Ray Trine
Silver Creek Real Estate Group, Inc.
List Price
$995,000
Sold Price
$521,500
Premium/Discount to List
-$473,500
-47.59%
Current Estimated Value
$1,725,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,203,910
Avg. Annual Appreciation
12.13%
Original Mortgage
$416,000
Outstanding Balance
$327,859
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$1,397,551

Purchase Details

Listed on
Sep 26, 2011
Closed on
Aug 20, 2015
Sold by
Yu Frank Joseph
Bought by
Schoepfer Joseph O
Seller's Agent
Ray Trine
Silver Creek Real Estate Group, Inc.
List Price
$995,000
Sold Price
$521,500
Premium/Discount to List
-$473,500
-47.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Outstanding Balance
$327,859
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$1,397,551

Purchase Details

Closed on
Dec 17, 2014
Sold by
Boring Patrick
Bought by
Schoepfer Joseph O

Purchase Details

Closed on
Dec 8, 2014
Sold by
Boring Michael and Boring Mandy
Bought by
Schoepfer Joseph O

Purchase Details

Closed on
Dec 4, 2014
Sold by
Boring Harrison
Bought by
Schoepfer Joseph O
Source: Public Records
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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
Mckeeby Benjamin -- None Available
Schoepfer Joseph O -- None Available
Schoepfer Joseph O -- None Available
Schoepfer Joseph O -- None Available
Schoepfer Joseph O -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckeeby Benjamin $416,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2015 10/02/15 Sold $521,500 -47.6% --
09/09/2015 09/09/15 Pending -- -- --
09/27/2011 09/27/11 For Sale $995,000 -- --
Source: Highlands-Cashiers Board of REALTORS®

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 $5,966 $1,569,983 $800,000 $769,983
2024 $2,551 $671,330 $300,000 $371,330
2023 $2,888 $671,330 $300,000 $371,330
2022 $2,888 $671,330 $300,000 $371,330
2021 $2,551 $671,330 $300,000 $371,330
2020 $3,062 $733,200 $400,000 $333,200
2019 $3,062 $733,200 $400,000 $333,200
2018 $3,062 $733,200 $400,000 $333,200
2017 $2,989 $733,200 $400,000 $333,200
2015 $2,545 $733,200 $400,000 $333,200
2011 -- $818,740 $400,000 $418,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 73991

APN: 7565-00-9970

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