NOT LISTED FOR SALE

985 Cullowhee Mountain Rd Cullowhee, NC 28723

Estimated Value: $254,000 - $302,000

8.15 Acres
$34,110 Price per Acre
355,014 Sq Ft Lot

Last Sold June 29, 2017

Last sale price $148,000

Est. 279% increase in value since last sale

Current estimated payment $3,063/month

105 Days on Market

Highlights

  • Wooded Lot
  • Home fronts a stream
  • Level Lot
  • Pasture

About This Lot

As of June 2017

Easy access via state road, 50 % open flat to rolling..tillable/50% wooded..could be easily cleared and added as pasture. 2 creeks ..... Tilley and Wilson (cullowhee ) Great tributary creek as border another along another border. 1 mile to WCU campus & Tuckasegee River, 3 miles to Sylva(county seat of Jackson County), within one hour of; Downtown Asheville, Asheville Regional Airport, Blue Ridge Parkway, Smoky Mountains National Park.

Last Agent to Sell the Property

Billy May

Keller Williams Professionals License #182476 Listed on: 10/23/2016

Keller Williams Professionals

Last Buyer's Agent

Billy May

Keller Williams Professionals License #182476 Listed on: 10/23/2016

Keller Williams Professionals

Property Details

Property Type

  • Land

Lot Details

  • Home fronts a stream
  • Level Lot
  • Wooded Lot
  • Many Trees

Farming

  • Pasture

Listing and Financial Details

  • Assessor Parcel Number 7558-03-8868

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Acreage
  • Ratio Close Price By List Price: 0.89697
  • Ratio Close Price By Original Li: 0.89697
  • Ratio Current Price By Acre: 18159.51
  • Additional Information: Tax Information
  • Special Features: None

Exterior Features

  • Publically Maintained Road: Yes
  • Cleared Acres: 4.00

Lot Info

  • Lot Dimension: irregular
  • Lot Features: Level, Pasture, Stream/Creek, Trees, Wooded
  • Parcel Number: 7558-03-8868
  • Zoning: Residential
  • Zoning Specification: R-1
  • Wooded Acres: 4.00

Tax Info

  • Tax Value: 166260.00
  • Tax Amount Ncm: 515.00
  • Tax Location: Jackson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2021
Sold by
Tinsel Town Inc
Bought by
The Bcnc Inc
Current Estimated Value
$560,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$156,875
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$121,125

Purchase Details

Listed on
Oct 23, 2016
Closed on
Jun 19, 2017
Sold by
Purcell Sharon S and Purcell Robert W
Bought by
Tinsel Town Inc
Seller's Agent
Billy May
Keller Williams Professionals
Buyer's Agent
Billy May
Keller Williams Professionals
List Price
$165,000
Sold Price
$148,000
Premium/Discount to List
-$17,000
-10.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
Original Mortgage
$98,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2017
Sold by
Jarboe Margaret and Gill Pearl
Bought by
Purcell Sharon S and Taylor Brenda S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The Bcnc Inc $325,000 None Available
Tinsel Town Inc $148,000 None Available
Purcell Sharon S -- None Available
Purcell Sharon S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Bcnc Inc $175,000
Previous Owner Tinsel Town Inc $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2017 06/29/17 Sold $148,000 -10.3% --
02/05/2017 02/05/17 Pending -- -- --
10/23/2016 10/23/16 For Sale $165,000 -- --
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
2025 $1,411 $371,250 $371,250 $0
2024 $1,072 $282,150 $282,150 $0
2023 $1,072 $282,150 $282,150 $0
2022 $1,072 $282,150 $282,150 $0
2021 $1,072 $282,150 $282,150 $0
2020 $536 $141,080 $141,080 $0
2019 $536 $141,080 $141,080 $0
2018 $536 $141,080 $141,080 $0
2017 $516 $141,080 $141,080 $0
2015 $466 $139,370 $139,370 $0
2011 -- $166,260 $166,260 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3225178

Canopy MLS (Canopy Realtor® Association)

APN: 7558-03-8868