47 Lake Trail Rd
Cullowhee, NC 28723
3 bd 3 ba 2,684 sqft Built 1995 Lot 39,204 sqft single_family
Most recent sale
$1,600,000
Dec 3, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 3, 2021 | Sold | $1,600,000 | MLS #97993 |
| Apr 30, 2018 | Sold | $500,000 | MLS #87062 |
| Oct 11, 2017 | Listed | $599,000 | MLS #87062 |
| Oct 2, 2017 | Listing removed | $629,000 | Cashiers |
| Jun 15, 2017 | Price changed | $629,000 | MLS #84206 |
| Jul 13, 2016 | Price changed | $649,000 | MLS #84206 |
| Aug 28, 2015 | Listed | $695,000 | MLS #84206 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $696,712 | $350,000 | $1,046,712 | $3,623 |
| 2023 | $320,320 | $300,000 | $620,320 | $2,664 |
| 2022 | $320,320 | $300,000 | $620,320 | $2,664 |
| 2021 | $320,320 | $300,000 | $620,320 | $2,513 |
| 2020 | $169,270 | $300,000 | $469,270 | $1,976 |
| 2019 | $169,270 | $300,000 | $469,270 | $1,976 |
| 2018 | $169,270 | $300,000 | $469,270 | $1,976 |
| 2017 | $169,270 | $300,000 | $469,270 | $1,929 |
| 2016 | $169,270 | $300,000 | $469,270 | $1,929 |
| 2015 | $191,980 | $450,000 | $641,980 | $1,997 |
| 2014 | $191,980 | $450,000 | $641,980 | $1,881 |
| 2013 | $191,980 | $450,000 | $641,980 | $1,881 |
| 2012 | $191,980 | $450,000 | $641,980 | $1,881 |
| 2011 | $191,980 | $450,000 | $641,980 | $1,881 |
| 2010 | $191,980 | $450,000 | $641,980 | $1,881 |
| 2009 | $191,980 | $450,000 | $641,980 | $1,881 |
| 2008 | $191,980 | $450,000 | $641,980 | $1,881 |
| 2006 | — | $350,000 | $350,000 | $1,750 |
Property facts
Year built
1995
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,684 sqft
Lot size
39,204 sqft
ZIP code
28723
City
Cullowhee
Street
Lake Trail Rd
Coordinates
35.17755, -83.17298
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$9,600
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 47 Lake Trail Rd last sell?
47 Lake Trail Rd most recently sold on Dec 3, 2021 for $1,600,000.
What is the current tax assessment for 47 Lake Trail Rd?
The most recent total assessment for 47 Lake Trail Rd (year 2025) is $1,046,712 with $3,623 in property tax.
How does 47 Lake Trail Rd's assessment compare to its last sale price?
The current assessment is 34.6% below the last sale price of $1,600,000.
When was 47 Lake Trail Rd built?
47 Lake Trail Rd was built in 1995.
How does 47 Lake Trail Rd compare to others on Lake Trail Rd?
We do not currently track other properties on Lake Trail Rd.
What are the property facts for 47 Lake Trail Rd?
47 Lake Trail Rd is a 3 bed, 3 bath, 2,684 sqft, 39,204 sqft lot single_family.
Is 47 Lake Trail Rd a flip candidate?
No — 47 Lake Trail Rd does not appear in our flips dataset.
Is 47 Lake Trail Rd a tax-appeal candidate?
No — 47 Lake Trail Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-4.2%
Implied 1-yr
-16.8%
2026 Q3
$371.1K
2026 Q4
$349.7K
ZIP 28723 — Median Price History + Forecast
Explore nearby
Geography