This bung style home offers 1 bedroom and 1 bathroom with approximately 480 square feet of living space on a 12.57 acre lot. The foreclosure deed has been recorded, allowing for shorter closing timelines. This is a cash or cash equivalent purchase only with no inspection or financing contingencies. No Buyer Premium on this property. It is a criminal offense to trespass on this property. The seller has closing representation in this transaction. The buyer has the right to select their own title/closing company, or may use the sellers title company. The buyer is responsible for all closing costs in this transaction. This asset is currently impacted by state redemption, ratification or confirmation guidelines. Closing timelines and process could be impacted until expiration of this time period. The estimated expiration of the applicable redemption, ratification or confirmation is end of 10/2026
Auction

Est. $135,000
548 Watson Branch Rd, Cullowhee, NC 28723
1beds
480sqft
Single Family Residence
Built in 1990
12.57 Acres Lot
$316,500 Zestimate®
$281/sqft
$-- HOA
Overview
- 1 day
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Zillow last checked:
Source: Xome
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Has basement: No
Interior area
- Total structure area: 480
- Total interior livable area: 480 sqft
Property
Features
- Stories: 1
Lot
- Size: 12.57 Acres
Details
- Parcel number: 7660113073
- Special conditions: Auction
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1990
Community & HOA
Location
- Region: Cullowhee
Financial & listing details
- Price per square foot: $281/sqft
- Tax assessed value: $277,690
- Annual tax amount: $946
- Date on market: 11/1/2026
- Lease term: Contact For Details
Estimated market value
$316,500
Estimated sales range
Not available
$1,296/mo
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $946 +20.7% | $277,690 +51% |
| 2024 | $784 | $183,850 |
| 2023 | $784 | $183,850 |
| 2022 | $784 +6.1% | $183,850 |
| 2021 | $739 -3.6% | $183,850 -0.1% |
| 2020 | $766 | $184,050 |
| 2019 | $766 -4.3% | $184,050 -4.7% |
| 2018 | $801 | $193,220 |
| 2017 | $801 +2.5% | $193,220 |
| 2015 | $782 +13% | $193,220 -14% |
| 2011 | $692 | $224,650 |
Find assessor info on the county website
