T
Seller's Agent in 2020
Ted Schmidt
Carolina Select Real Estate, Inc.
91 Falls Cove Rd Cullowhee, NC 28723
Estimated Value: $356,000 - $446,000
2
Beds
1.5
Baths
--
Sq Ft
1.07
Acres
Highlights
- View of Trees or Woods
- Wooded Lot
- Furnished
- Deck
- Wood Flooring
- No HOA
About This Home
As of July 2020Cedar Log home in quiet setting close to Lake Glenville. AirBnB possibilities - one bedroom and one bath upstairs, and one bedroom with bathroom (shower) downstairs. Central air/heat upstairs and gas log fireplace. Garden area, garden shed and tool work room. Owner says there is deeded lake access, but it is overgrown. Owner has not been in house in three years, and is limited in terms of knowledge of working systems. Being sold "as is". Suggest you do inspections. Systems appear to work. Central air/heat is 4 years old. Great home for summer retreat, rental investment or starter home. Some rooms could be repurposed to better fit buyer's needs. Bathrooms are functional but may be ready for updating.
Last Agent to Sell the Property
Ted Schmidt
Carolina Select Real Estate, Inc. Brokerage Phone: 8282792732 License #275691 Listed on: 09/20/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $907
Year Built
- Built in 1988
Lot Details
- 1.07 Acre Lot
- Lot Has A Rolling Slope
- Cleared Lot
- Wooded Lot
- Garden
Home Design
- Metal Roof
- Concrete Siding
- Block Exterior
- Log Siding
Interior Spaces
- 2-Story Property
- Furnished
- Fireplace
- Views of Woods
- Dryer
Kitchen
- Recirculated Exhaust Fan
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
Basement
- Heated Basement
- Walk-Out Basement
Parking
- Detached Garage
- 1 Carport Space
Outdoor Features
- Deck
- Covered Patio or Porch
Utilities
- Central Air
- Heat Pump System
- Private Water Source
- Well
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 7553-98-0317
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 20, 2019
Closed on
Jul 15, 2020
Sold by
Owens Dorothy and Owens Harry E
Bought by
Medford Penelope Jo
Seller's Agent
Ted Schmidt
Carolina Select Real Estate, Inc.
Buyer's Agent
Dan Allen
Silver Creek Real Estate Group, Inc.
List Price
$250,000
Sold Price
$231,000
Premium/Discount to List
-$19,000
-7.6%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,470
Avg. Annual Appreciation
10.43%
Original Mortgage
$233,333
Outstanding Balance
$206,904
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$190,566
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Medford Penelope Jo | $231,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Medford Penelope Jo | $233,333 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/15/2020 07/15/20 | Sold | $231,000 | -7.6% | -- |
| 06/01/2020 06/01/20 | Pending | -- | -- | -- |
| 09/21/2019 09/21/19 | For Sale | $250,000 | -- | -- |
Source: Highlands-Cashiers Board of REALTORS®
Tax History Compared to Growth
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 | $1,415 | $372,275 | $71,970 | $300,305 |
| 2024 | $878 | $230,980 | $44,320 | $186,660 |
| 2023 | $1,071 | $230,980 | $44,320 | $186,660 |
| 2022 | $1,071 | $230,980 | $44,320 | $186,660 |
| 2021 | $878 | $230,980 | $44,320 | $186,660 |
| 2020 | $907 | $204,000 | $60,000 | $144,000 |
| 2019 | $907 | $204,000 | $60,000 | $144,000 |
| 2018 | $907 | $204,000 | $60,000 | $144,000 |
| 2017 | $886 | $204,000 | $60,000 | $144,000 |
| 2015 | $760 | $204,000 | $60,000 | $144,000 |
| 2011 | -- | $224,890 | $80,000 | $144,890 |
Source: Public Records
Agents Affiliated with this Home
-
-
Dan Allen
Buyer's Agent in 2020
Dan Allen
Silver Creek Real Estate Group, Inc.
(828) 508-2107
46 in this area
161 Total Sales
Map
Source: Highlands-Cashiers Board of REALTORS®
MLS Number: 92097
APN: 7553-98-0317
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