NOT LISTED FOR SALE

1025 Big Bear Pen Rd Highlands, NC 28741

Estimated Value: $1,183,000 - $1,710,507

5 Beds
3 Baths
1,616 Sq Ft
$922/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $648,000 $401 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $8,135/month

80 Days on Market

Highlights

  • Mountain View
  • Vaulted Ceiling
  • No HOA
  • Deck
  • Wood Flooring
  • Porch

About This Home

As of February 2021

"Skyla" is offered to the market for the very first time and it is the quintessential old Highlands "charmer." As a former holiday home, this residence is bursting with stories of elegant cocktail parties, visits from prominent executives and politicians and endless summers of quality family time. Skyla was built in 1946 on the historic Big Bearpen Mountain surrounded by woodlands and walking trails offering peace, and privacy. The layout has been updated since it was originally built and now offers five bedrooms, three bathrooms. Air-conditioning has been added, the bathrooms have been updated and walls removed to improve the flow from one space to the next. The former porch is now a much-used dining room/den with a cozy gas stone floor to ceiling fireplace. The French doors open out to a covered back porch where you will love to enjoy an alfresco repast, and a cocktail or two. Some of the features are the Knotty Pine walls and ceilings, the two masonry stone floor to ceiling fireplaces and it is believed to have hardwood floors underneath the carpet, except the Kitchen area, and a slate floor in the den. Improvements throughout the home include beautiful landscaping, ceiling fans throughout, new windows, a storage shed, and a resurfaced driveway. Skyla was originally used from June to Labor Day, but since being updated, it is now a comfortable mountain hideaway year-round. You can enjoy a board game by the fire or take a walk through the woods down to the little waterfall affectionately known as the Fairy Dell or sit on the porch and watch the clouds float through the amazing view of Wildcat Cliffs. The current owners have enjoyed this beautiful home for 73 years and are excited to now pass it onto new owners who can create their own lifelong memories within the grounds of this historic home.

Last Agent to Sell the Property

Mitzi Rauers

Berkshire Hathaway HomeServices Meadows Mountain Realty Brokerage Phone: 8285261717 Listed on: 10/20/2020

Berkshire Hathaway HomeServices Meadows Mountain Realty

Co-Listed By

Judy Michaud

Berkshire Hathaway HomeServices Meadows Mountain Realty Brokerage Phone: 8285261717

Last Buyer's Agent

CARL ROMBERG

Christie's International Real Estate Highlands-Cashiers License #289175

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,629

Year Built

  • Built in 1946

Lot Details

  • 0.6 Acre Lot
  • Lot Has A Rolling Slope

Home Design

  • Metal Roof
  • Asbestos

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Ventless Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Mountain Views
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Slate Flooring
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Big Bear Pen Subdivision

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 7540748480

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,629

Year Built

Built in 1946

Lot Details

0.6 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.6
  • Co List Office Mls Id: 14
  • Co List Office Phone: 828-526-1717
  • Subdivision Name: Big Bear Pen
  • Directions: Take Hwy 64 from Highlands. Turn left onto Chesnut Street. Go straight through the 4-way stop. Turn left onto Big Bear Pen. Continue up past the sharpe curve. Look for the "Sykla" sign at 1611 on the right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1946
  • Attribution Contact: 8285261717
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Ice Maker, Refrigerator, Washer
  • Has Basement: Crawl Space, Dirt Floor, Exterior Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Den, Gas Log, Living Room, Stone, Ventless
  • Fireplace: Yes
  • Flooring: Carpet, Slate, Vinyl, Wood
  • Interior Amenities: Wet Bar, Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Pantry, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Partially Cleared, Rolling Slope
  • View: Mountain(s)
  • View: Yes
  • Disclosures: Licensed Vacation Rental
  • Construction Type: Asbestos
  • Other Structures: Shed(s)
  • Patio And Porch Features: Rear Porch, Deck, Front Porch, Porch
  • Roof: Metal

Garage/Parking

  • Parking Features: None, Paved

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric, Whole House Fan
  • Cooling Y N: Yes
  • Heating: Central, Electric, Gas
  • 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: 26136.0
  • Parcel #: 7540748480
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3628.7
  • Tax Lot: 43
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2020
Closed on
Feb 22, 2021
Sold by
Potter Katherine and Griffith Leila T
Bought by
Potter Gregory L and Gipp Harold E
Seller's Agent
Mitzi Rauers
Berkshire Hathaway HomeServices Meadows Mountain Realty
Buyer's Agent
CARL ROMBERG
Christie's International Real Estate Highlands-Cashiers
List Price
$749,900
Sold Price
$648,000
Premium/Discount to List
-$101,900
-13.59%
Current Estimated Value
$1,490,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$842,127
Avg. Annual Appreciation
17.85%
Original Mortgage
$518,400
Outstanding Balance
$463,250
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$1,026,877

Purchase Details

Closed on
Jul 27, 2016
Sold by
Dupree Cuyler
Bought by
Potter Katherine

Purchase Details

Closed on
Dec 30, 2011
Sold by
First American Bank And Trut Co
Bought by
Dupree Cuyler Trussell and Potter Mary Katherine Dupree

Purchase Details

Closed on
Oct 25, 2005
Sold by
First American Bank And Trust Company
Bought by
First American Bank And Trust Company

Purchase Details

Closed on
Oct 4, 2005
Sold by
Little Lagrance G
Bought by
Griffith Leila T and Griffith Lagrange G
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
Potter Gregory L $648,000 None Available
Haines Edward Christopher $648,000 None Listed On Document
Potter Katherine -- None Available
Dupree Cuyler Trussell -- None Available
First American Bank And Trust Company -- None Available
First American Bank And Trust Co -- None Available
Griffith Leila T $2,500 None Available
Griffith Leila T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haines Edward Christopher $518,400
Closed Haines Edward Christopher $518,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2021 02/19/21 Sold $648,000 -13.6% $401 / Sq Ft
02/14/2021 02/14/21 Pending -- -- --
10/26/2020 10/26/20 For Sale $749,900 -- $464 / Sq Ft
Source: Highlands-Cashiers Board of REALTORS®

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 $4,566 $1,136,230 $300,000 $836,230
2024 $3,584 $1,136,230 $300,000 $836,230
2023 $3,801 $582,900 $300,000 $282,900
2022 $3,801 $629,670 $300,000 $329,670
2021 $3,801 $629,670 $300,000 $329,670
2020 $3,642 $629,670 $300,000 $329,670
2018 $3,638 $676,360 $289,800 $386,560
2017 $3,638 $676,360 $289,800 $386,560
2016 $3,638 $676,360 $289,800 $386,560
2015 $3,615 $676,360 $289,800 $386,560
2014 $3,242 $723,640 $342,000 $381,640
2013 -- $723,640 $342,000 $381,640
Source: Public Records

Agents Affiliated with this Home

  • Mitzi Rauers

    Seller's Agent in 2021

    Mitzi Rauers

    Berkshire Hathaway HomeServices Meadows Mountain Realty

    (828) 526-1717

    130 in this area

    159 Total Sales

    Mitzi Rauers
    Section Image
  • Judy Michaud

    Seller Co-Listing Agent in 2021

    Judy Michaud

    Berkshire Hathaway HomeServices Meadows Mountain Realty

    (828) 526-1717

    135 in this area

    181 Total Sales

    Judy Michaud
    Section Image
  • CARL ROMBERG

    Buyer's Agent in 2021

    CARL ROMBERG

    Christie's International Real Estate Highlands-Cashiers

    (678) 936-9309

    24 in this area

    29 Total Sales

    CARL ROMBERG
    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 95108

APN: 7540748480

North Carolina Macon County Highlands 28741

1025 Big Bear Pen Rd, Highlands, NC

Not Listed for Sale

Detached

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