NOT LISTED FOR SALE

872 Cabin Ridge Cullowhee, NC 28723

Estimated Value: $413,000 - $608,106

3 Beds
2.5 Baths
2,934 Sq Ft
$169/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $285,000 $97 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,760/month

233 Days on Market

Highlights

  • Private Lot
  • Shed
  • Gas Log Fireplace
  • Wooded Lot

About This Home

As of July 2020

Experience comfortable mountain living nestled in a beautiful private wooded setting. This custom built 3 BR/2.5 BA home is located only minutes from Western Carolina University & the Jackson County Rec Center. This home would be ideal for a large and/or growing family. Spectacular year round views, radiant floor heating, master bedroom with bathroom en suite on the main level, garage and laundry room also on the main level. The loft area has beautiful hardwood flooring with 2 bonus rooms that could be used in several ways such as media room, arts and crafts, library and more. The versatile lower level could serve various needs such as additional bedrooms or a completely separate, spacious apartment with outside entrance. This home also has a generator for use in power outages.
PRICED TO SELL AT $69,150 BELOW TAX VALUE!!

Last Agent to Sell the Property

Lisa Pilkington

RE/MAX Executive License #313070 Listed on: 10/06/2019

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • Private Lot
  • Wooded Lot

Parking

  • Gravel Driveway

Interior Spaces

  • Gas Log Fireplace
  • Laminate Flooring

Outdoor Features

  • Shed

Utilities

  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 7548-61-6106

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Ratio Close Price By List Price: 0.90476
  • Ratio Close Price By Original Li: 0.87692
  • Ratio Current Price By Acre: 52680.22
  • Ratio Current Price By Sq Ft: 97.14
  • Year Built: 2004
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance, Concrete
  • Upper Level Sq Ft: 532
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Dryer, Gas Oven, Gas Range, Generator, Microwave, Radon Mitigation System, Refrigerator, Washer
  • Fireplace Description: Gas Logs
  • Flooring: Laminate Wood
  • Laundry Location: Main, Laundry Room
  • Room Count: 3
  • Sq Ft Basement: 1201
  • Main Level Sq Ft: 1201
  • Total Sq Ft: 2934

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Gravel
  • Parking: Garage - 2 Car

Utilities

  • Heating: Propane, Radiant Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Cullowhee Valley
  • Middle School: Unspecified
  • High School: Smoky Mountain

Lot Info

  • Lot Features: Long Range View, Mountain View, Private, Wooded
  • Lot Size Area: 5.410
  • Parcel Number: 7548-61-6106
  • Zoning Specification: RES

Tax Info

  • Tax Value: 384150.00
  • Tax Location: Jackson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2019
Closed on
Jul 10, 2020
Sold by
Hester Judy D
Bought by
Bibby Robert Paul and Naegler Julie
Seller's Agent
Lisa Pilkington
RE/MAX Executive
Buyer's Agent
Non Member
Canopy Administration
List Price
$315,000
Sold Price
$285,000
Premium/Discount to List
-$30,000
-9.52%
Current Estimated Value
$486,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,891
Avg. Annual Appreciation
11.26%
Original Mortgage
$256,500
Outstanding Balance
$209,108
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$280,949
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
Bibby Robert Paul $285,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bibby Robert Paul $256,500
Previous Owner Hester Thomas A $25,000
Previous Owner Hester Judy $25,000
Previous Owner Dickerman Mark S $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $285,000 -9.5% $97 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
04/08/2020 04/08/20 Price Changed $315,000 0.0% $107 / Sq Ft
04/08/2020 04/08/20 For Sale $315,000 +10.5% $107 / Sq Ft
04/06/2020 04/06/20 Off Market $285,000 -- --
10/06/2019 10/06/19 For Sale $325,000 -- $111 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,144 $300,980 $90,560 $210,420
2023 $1,269 $300,980 $90,560 $210,420
2022 $1,269 $300,980 $90,560 $210,420
2021 $1,144 $300,980 $90,560 $210,420
2020 $1,544 $384,150 $106,650 $277,500
2019 $1,544 $384,150 $106,650 $277,500
2018 $1,544 $384,150 $106,650 $277,500
2017 $1,505 $384,150 $106,650 $277,500
2015 $1,413 $384,150 $106,650 $277,500
2011 -- $508,240 $134,280 $373,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3557302

Canopy MLS (Canopy Realtor® Association)

APN: 7548-61-6106