NOT LISTED FOR SALE

897 Nicholson Cove Rd Cullowhee, NC 28723

Estimated Value: $276,432 - $361,000

2 Beds
2.5 Baths
-- Sq Ft
5 Acres

Last Sold May 19, 2015

Last sale price $120,000

Est. 166% increase in value since last sale

Current estimated payment $1,806/month

157 Days on Market

Highlights

  • 5 Acre Lot
  • Open to Family Room
  • Board and Batten Siding
  • No HOA
  • Porch
  • Ceiling Fan

About This Home

As of May 2015

Private, and very unique property consisting of a 2 bedroom, 2 & 1/2 bath modified A-Frame house on approximately 5 acres (part of 7.68 acres). Wonderful long range views from every balcony in this house, and peace and quiet throughout the property. Home features three living levels, and an unfinished basement with plenty of headroom and storage space. Perfect for family retreats, or possible vacation rental. Most furnishings are included, with the exception of a few antiques, and family heirlooms. Sellers will provide a list of items that do not convey. Shares a common well with sellers small guest house on the remainder of the acreage. Driveway is gravel but flat part way, and concrete the remainder of the way to the house. Move in ready. Just buy your groceries and start your unwinding process.

Last Buyer's Agent

Adam Koonts

Keller Williams Great Smokies - Sylva License #276429

Keller Williams Great Smokies - Sylva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,302

Year Built

  • Built in 2003

Lot Details

  • 5

Parking

  • No Garage

Home Design

  • Metal Roof
  • Board and Batten Siding
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Washer

Kitchen

  • Open to Family Room
  • Breakfast Bar

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Laundry in Basement

Schools

  • Cullowhee Valley Elementary And Middle School
  • Smoky Mountain High School

Utilities

  • Space Heater
  • Heating System Uses Propane
  • Shared Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Porch
  • 5 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7578814525

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,302

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 5
  • Ownership: More than One Year
  • Directions: 107 South to Caney fork Road. Approximately 3.8 miles to a right on John's Creek Road. 4/10 mile to Nicholson Cove Road. Approximately 9/10 mile to house on the left.
  • Architectural Style: Other-See Remarks
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 2003
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8285864616
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Washer, Other-See Remarks, Refrigerator
  • Has Basement: Exterior Entry, Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Doors-Insulated
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Other, Breakfast Bar, Kitchen/FR Combo, Ceiling Fan(s)
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: Second
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom3 Level: Second
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: Unrestricted
  • View: No
  • Home Warranty: No
  • Construction Type: Board & Batten Siding, Wood Siding
  • Exterior Features: Other
  • Patio And Porch Features: Porch
  • Roof: Other, Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, None-Carport

Utilities

  • Laundry Features: In Basement
  • Heating: Electric, Propane, Space Heater/Stove
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Shared Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Cullowhee Valley
  • High School: Smoky Mountain
  • Middle Or Junior School: Cullowhee Valley

Lot Info

  • Lot Size Sq Ft: 217800
  • Parcel #: 7578814525
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Book Number: 1134/754

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2014
Closed on
May 19, 2015
Sold by
Leidigh Henry H and Leidigh Jenny G
Bought by
Stokely George R and Stokely Melanie J
Buyer's Agent
Adam Koonts
Keller Williams Great Smokies - Sylva
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$318,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,716
Avg. Annual Appreciation
9.88%
Original Mortgage
$96,000
Outstanding Balance
$74,196
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$244,520
Source: Public Records

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
Stokely George R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stokely George R $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2015 05/19/15 Sold $120,000 0.0% --
03/30/2015 03/30/15 Pending -- -- --
10/23/2014 10/23/14 For Sale $120,000 -- --
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 $1,302 $342,500 $45,700 $296,800
2024 $818 $215,360 $50,160 $165,200
2023 $943 $215,360 $50,160 $165,200
2022 $943 $215,360 $50,160 $165,200
2021 $818 $215,360 $50,160 $165,200
2020 $721 $167,530 $34,650 $132,880
2019 $721 $167,530 $34,650 $132,880
2018 $721 $167,530 $34,650 $132,880
2017 $704 $167,530 $34,650 $132,880
2015 -- $167,530 $34,650 $132,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 25950627

APN: 7578-81-5534