NOT LISTED FOR SALE

Lot 12 London Knob Rd Cullowhee, NC 28723

Estimated Value: $122,000 - $265,000

1.61 Acres
$111,594 Price per Acre
70,132 Sq Ft Lot

Last Sold May 26, 2022

Last sale price $175,000

Est. 7% increase in value since last sale

Current estimated payment $1,246/month

11 Days on Market

About This Lot

As of May 2022

Active septic permit and water. Just build your custom home on this lake view lot. Natural boulder features to allow for stunning landscaping. Top of the knob rolls off quickly on backside to afford easy basement space, while front is gentle for ease of access and level entry into home. A lifetime of beautiful views await as you overlook Lake Glenville in all seasons. Top of the knob, gated access and near the end of the private, paved road. Privacy and views. What are you waiting for?

Last Agent to Sell the Property

Rick Creel

Landmark Realty Group - Frank Allen, Cashiers Brokerage Phone: 8287430510 Listed on: 04/06/2022

Last Buyer's Agent

Kathryn Nicholson

Silver Creek Real Estate Group, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $584

Lot Details

  • 1.61 Acre Lot
  • Steep Slope

HOA Fees

  • $167 Monthly HOA Fees

Additional Features

  • Lake Views
  • Shared Well

Community Details

  • Gated Community

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 7554-77-8303

Property Details

Property Type

Land

Est. Annual Taxes

$584

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 1.61
  • Water Body Name: Lake Glenville
  • Directions: After entering gate at Glenshore, take Glenshore Dr. to Intersection and go right (this is also Glenshore Dr. as it loops around back to this intersection). Then take next left onto London Knob and stay right to top. Lot 12 is just past house in switchback. Lot 12 rests between the 2 homes.
  • Carport Y N: No
  • Garage Yn: No
  • Attribution Contact: 8287430510
  • PropertySubTypeAdditional: Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Level, Steep Slope
  • View: Lake
  • View: Yes

Utilities

  • Sewer: Septic Permit 3 Bedroom, Sewer Applied for Permit
  • Water Source: Not Connected, Shared Well

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 2000.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 70131.6
  • Parcel #: 7554-77-8303
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 584.1
  • Tax Lot: 12
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2022
Closed on
May 19, 2022
Sold by
Equity Trust Company
Bought by
Graham 2020 Revocable Trust
Seller's Agent
Rick Creel
Landmark Realty Group - Frank Allen, Cashiers
Buyer's Agent
Kathryn Nicholson
Silver Creek Real Estate Group, Inc.
List Price
$185,000
Sold Price
$175,000
Premium/Discount to List
-$10,000
-5.41%
Current Estimated Value
$186,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,667
Avg. Annual Appreciation
-0.18%

Purchase Details

Closed on
Aug 22, 2017
Sold by
National Advisors Trust Company Fsb
Bought by
Equity Trust Company
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
Graham 2020 Revocable Trust $175,000 Coward Kimberly R
Equity Trust Company -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $175,000 -5.4% --
05/20/2022 05/20/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $185,000 -- --
Source: Highlands-Cashiers Board 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
2024 $570 $150,000 $150,000 $0
2023 $614 $150,000 $150,000 $0
2022 $614 $150,000 $150,000 $0
2021 $584 $150,000 $150,000 $0
2020 $807 $200,000 $200,000 $0
2019 $807 $200,000 $200,000 $0
2018 $807 $200,000 $200,000 $0
2017 $787 $200,000 $200,000 $0
2015 $745 $300,000 $300,000 $0
2011 -- $250,000 $250,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 98658

APN: 7554-77-8303