NOT LISTED FOR SALE

10 Billy Cabin Rd Highlands, NC 28741

Estimated Value: $783,000 - $1,009,000

2 Beds
2 Baths
-- Sq Ft
0.41 Acres

Last Sold October 03, 2019

Last sale price $175,000

Est. 411% increase in value since last sale

Current estimated payment $5,533/month

65 Days on Market

Highlights

  • Lake Front
  • Deck
  • Workshop
  • Community Lake
  • No HOA
  • Circular Driveway

About This Home

As of October 2019

FIXER UPPER - WALK TO MIRROR LAKE AND TOWN. Exceptional location with view of Mirror Lake off Hicks Road. Beautiful corner lot, town water and sewer. One owner. Home needs a lot of remodeling but owners started with a new roof and updated kitchen in 2018. The home has a full unfinished basement with separate entrance, plumbed for third bathroom. Single garage, paved circular driveway, beautiful mature rhododendren and fenced back yard. Great rental potential. Better grab this one quick!

Last Agent to Sell the Property

DEBRA D ROGERS

Country Club Properties Brokerage Phone: 8285262520 Listed on: 05/20/2019

Last Buyer's Agent

DEBRA D ROGERS

Country Club Properties Brokerage Phone: 8285262520 Listed on: 05/20/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,676

Year Built

  • Built in 1978

Lot Details

  • 0.41 Acre Lot
  • Lake Front
  • Fenced
  • Lot Has A Rolling Slope
  • Cleared Lot

Parking

  • 1 Car Attached Garage
  • Circular Driveway

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Workshop
  • Lake Views

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • No Heating
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cullasaja Heights Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 10 & 11
  • Assessor Parcel Number 7540159889

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,676

Year Built

Built in 1978

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Subdivision Name: Cullasaja Heights
  • Directions: From Highlands take Hwy. 64 W to Right onto Mirror Lake Road, cross the bridge and take immediate Right onto Hicks Road, house is on the corner of Hicks Rd. and Billy Cabin Road.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One, Two
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1978
  • Attribution Contact: 8285262520
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Disposal, Gas Oven, Refrigerator
  • Has Basement: Full, Concrete, Bath/Stubbed, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Separate/Formal Dining Room, Pantry, Workshop

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cleared, Rolling Slope
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Construction Type: Wood Siding
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Side Porch
  • Roof: Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Circular Driveway, Garage, One Car Garage, Paved

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake
  • Association: No

Lot Info

  • Lot Size Sq Ft: 17859.6
  • Parcel #: 7540159889
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 1675.89
  • Tax Lot: 10 & 11
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2019
Closed on
Sep 20, 2019
Sold by
Spring Melinda Russell and Womack Melinda R
Bought by
Moore Edward J and Moore Kay M
Seller's Agent
DEBRA D ROGERS
Country Club Properties
Buyer's Agent
DEBRA D ROGERS
Country Club Properties
List Price
$268,000
Sold Price
$175,000
Premium/Discount to List
-$93,000
-34.7%
Current Estimated Value
$893,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$718,408
Avg. Annual Appreciation
29.37%
Original Mortgage
$140,000
Outstanding Balance
$122,376
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$771,032
Source: Public Records
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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
Moore Edward J $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Edward J $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2019 10/03/19 Sold $175,000 -34.7% --
09/16/2019 09/16/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $268,000 -- --
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
2025 -- $605,850 $211,560 $394,290
2024 -- $605,850 $211,560 $394,290
2023 $1,959 $605,850 $211,560 $394,290
2022 $1,959 $315,520 $116,600 $198,920
2021 $1,959 $315,520 $116,600 $198,920
2020 $1,879 $315,520 $116,600 $198,920
2018 $1,676 $301,810 $135,300 $166,510
2017 $876 $301,810 $135,300 $166,510
2016 $1,676 $301,810 $135,300 $166,510
2015 $1,653 $301,810 $135,300 $166,510
2014 $2,144 $473,020 $264,200 $208,820
2013 -- $473,020 $264,200 $208,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 90961

APN: 7540159889