NOT LISTED FOR SALE

1024 Bowery Rd Highlands, NC 28741

Estimated Value: $1,053,000 - $2,037,000

2 Beds
2 Baths
-- Sq Ft
4.87 Acres

Last Sold October 27, 2020

Last sale price $590,000

Est. 172% increase in value since last sale

Current estimated payment $8,944/month

280 Days on Market

Highlights

  • View of Trees or Woods
  • Deck
  • Wooded Lot
  • 4.87 Acre Lot
  • Contemporary Architecture
  • Vaulted Ceiling

About This Home

As of October 2020

Rare opportunity to own a home on Bowery Road with 4.87 acres of developable land. Build small guest homes for income producing property or a family compound. The home was built by a locally famous builder, Dead Eye Potts. With the collaboration of the original owner and Dead Eye, the house was designed and built with warm contemporary lines that are current today. A spacious 2 bedroom home with bonus loft space, easily enclosed if you want, and an art studio. The home has elevated roof lines which showcase a vaulted ceiling in the master bedroom. The upper bedroom also has vaulted ceilings along with the spacious loft. This two bedroom, two bath home lives large. The exterior wood on the home is Cypress from Louisiana, which is unique for the area. This home was loved and lived in by a locally beloved artist and a woman who held many interests. With a little updating, it will make a fabulous in town home to make your own! A short walk to the Land Trust Trail path on Bowery Road.

Last Agent to Sell the Property

Pam Nellis

Christie's International Real Estate Highlands-Cashiers Brokerage Phone: 8285264663 Listed on: 11/22/2019

Last Buyer's Agent

Anna Wilson

Country Club Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,961

Year Built

  • Built in 1981

Lot Details

  • 4.87 Acre Lot
  • Wooded Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Views of Woods
  • Dishwasher
  • Dryer

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Baseboard Heating
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7550-22-2195

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,961

Year Built

Built in 1981

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.87
  • Subdivision Name: None
  • Directions: From Main Street take Horse Cove Road to Bowery Road, turn left and continue to the house on the left.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1981
  • Attribution Contact: 8285264663
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Refrigerator, Washer
  • Has Basement: Crawl Space, Exterior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Living Room, Masonry, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Separate/Formal Dining Room, Pantry, Vaulted Ceiling(s)
  • Window Features: Skylight(s)

Exterior Features

  • Lot Features: Level, Wooded
  • View: Trees/Woods
  • View: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: None
  • Patio And Porch Features: Rear Porch, Deck
  • Roof: Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Circular Driveway, Garage, One Car Garage, Garage Door Opener, Gravel

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Gas, Other, See Remarks
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 212137.2
  • Parcel #: 7550-22-2195
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 4960.83
  • Tax Lot: 0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2019
Closed on
Oct 26, 2020
Sold by
Wambsgans Donald M and Kolb Estate North Carolina Rev
Bought by
Shahidi Sammar and Costello Lawton Marion
Seller's Agent
Pam Nellis
Christie's International Real Estate Highlands-Cashiers
Buyer's Agent
Anna Wilson
Country Club Properties
List Price
$650,000
Sold Price
$590,000
Premium/Discount to List
-$60,000
-9.23%
Current Estimated Value
$1,605,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,015,176
Avg. Annual Appreciation
22.56%
Original Mortgage
$489,228
Outstanding Balance
$435,343
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,169,833

Purchase Details

Closed on
Aug 6, 2020
Sold by
Wambsgans Donald M
Bought by
Wambsgans Donald M and Kolb Estate North Carolina Rev Re Tr
Source: Public Records

Range of Values:

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Average Value
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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
Shahidi Sammar $590,000 None Available
Wambsgans Donald M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shahidi Sammar $489,228
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2020 10/27/20 Sold $590,000 -9.2% --
10/23/2020 10/23/20 Pending -- -- --
11/22/2019 11/22/19 For Sale $650,000 -- --
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 $5,209 $1,300,560 $822,160 $478,400
2024 $5,209 $1,300,560 $822,160 $478,400
2023 $5,232 $1,300,560 $822,160 $478,400
2022 $5,232 $873,690 $572,710 $300,980
2021 $5,193 $867,040 $572,710 $294,330
2020 $4,974 $867,040 $572,710 $294,330
2018 $3,036 $561,550 $258,050 $303,500
2017 $3,036 $561,550 $258,050 $303,500
2016 $3,036 $561,550 $258,050 $303,500
2015 $3,013 $561,550 $258,050 $303,500
2014 $2,799 $622,640 $237,370 $385,270
2013 -- $622,640 $237,370 $385,270
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Pam Nellis

    Christie's International Real Estate Highlands-Cashiers

    (828) 787-1895

    44 in this area

    57 Total Sales

    Pam Nellis
    Section Image

  • A

    Buyer's Agent in 2020

    Anna Wilson

    Country Club Properties

    (828) 526-2520

    14 in this area

    15 Total Sales

    Anna Wilson
    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 92491

APN: 7550222195

North Carolina Macon County Highlands 28741

1024 Bowery Rd, Highlands, NC

This home is located at 1024 Bowery Rd, Highlands, NC 28741 since 22 November 2019 and is currently estimated at $1,605,176. This property was built in 1981. 1024 Bowery Rd is a home located in Macon County with nearby schools including Highlands School, Macon Middle School, and Mountain View Intermediate School.

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