NOT LISTED FOR SALE

111 Upper Lake Rd Highlands, NC 28741

Estimated Value: $2,055,000 - $3,021,000

4 Beds
4.5 Baths
4,948 Sq Ft
$525/Sq Ft Est. Value

Last Sold September 23, 2020

Last sale price $1,200,000 $243 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $14,257/month

360 Days on Market

Highlights

  • View of Trees or Woods
  • 1.89 Acre Lot
  • Vaulted Ceiling
  • Built-In Refrigerator
  • Wooded Lot
  • Traditional Architecture

About This Home

As of September 2020

Located in the prestigious Big Bear Pen area In-town in Highlands, this stately yet elegant home was built with attention to every detail. Solid construction is prevalent throughout and notable accents, such as custom light fixtures and sinks, abound in every direction. From the moment you enter the home you are filled with a sense of grandeur. Custom mill work, from the solid front door to the tongue and groove ceilings to the wooden accent beams to the built-in cabinetry and seating areas will leave you in awe. A substantial kitchen features high end appliances, plenty of cabinetry and plenty of space for friends and family to gather and enjoy each other while entertaining. A variety of dining area options will let you choose your in-home meal venue: simple meals at the chef's table in the kitchen, casual meals while enjoying the foliage beyond on the screened porch or formal and traditional meals while listening to relaxing music through the in house speaker system in the elegant formal dining room, perhaps. Afterwards, enjoy settling in by a roaring fire in the massive stone fireplace in the great room or go back out on the porch to savor a sky full of stars. Thoughtfully planned and designed, you will not be disappointed. The master on main suite is private and laundry is conveniently located off of the kitchen area, so there are no stairs over which to fret. Generously sized guest bedrooms and baths upstairs provide a cozy and private area for company and a 2 car garage with a covered walkway to the home provide shelter during inclement weather. There is wine storage on the lower level and the crawl space was recently encapsulated. Hiking trails are just a few short minutes away and downtown Highlands is a walkable distance for those wishing to meander back and forth from town. Come be enthralled by this beautiful home and see why so many people are escaping the stresses of big city life for the calmer lifestyle offered in our special little town.

Last Agent to Sell the Property

Julie Osborn

Allen Tate/Pat Allen Realty Group Brokerage Phone: 8285268784 Listed on: 08/31/2019

Co-Listed By

Pat Allen

Allen Tate/Pat Allen Realty Group Brokerage Phone: 8285268784

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,884

Year Built

  • Built in 2001

Lot Details

  • 1.89 Acre Lot
  • Steep Slope
  • Wooded Lot
  • Garden

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Wired For Sound
  • Built-In Features
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Stone Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Screened Porch
  • Views of Woods
  • Home Security System
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Propane Cooktop
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Crawl Space

Outdoor Features

  • Patio

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Cable TV Available

Community Details

  • Rhododendron Trail Subdivision

Listing and Financial Details

  • Tax Lot 31/30
  • Assessor Parcel Number 7540724507

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,884

Year Built

Built in 2001

Lot Details

0

HOA Fees

$63 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.89
  • Co List Office Mls Id: 214
  • Co List Office Phone: 828-526-8784
  • Subdivision Name: Rhododendron Trail
  • Directions: From Main Street in Highlands: Turn Left onto N 5th Street and follow to Right onto Chestnut Street. Follow to Left onto Big Bear Pen Road. Follow to Right onto Upper Lake Road. Home will first driveway on Right, 111 Upper Lake Road.
  • Architectural Style: Cottage, Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2001
  • Attribution Contact: 8285268784
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Negotiable
  • Appliances: Built-In Oven, Built-In Refrigerator, Double Oven, Dryer, Dishwasher, Disposal, Microwave, Propane Cooktop, Refrigerator, Washer
  • Has Basement: Crawl Space, Encapsulated, Full, Finished, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Brick, Carpet, Tile, Wood
  • Interior Amenities: Built-in Features, Tray Ceiling(s), Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Sound
  • Window Features: Skylight(s), Window Treatments

Exterior Features

  • Lot Features: Level, Rolling Slope, Steep Slope, Wooded
  • View: Trees/Woods
  • View: Yes
  • Construction Type: Stone, Wood Siding
  • Exterior Features: Garden, Breezeway, Satellite Dish
  • Patio And Porch Features: Rear Porch, Covered, Front Porch, Patio, Porch, Screened
  • Roof: Wood

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Garage, Two Car Garage, Garage Door Opener, Gravel, Paved

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System
  • Cooling: Central Air, Electric, Heat Pump, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Gas, Heat Pump
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Trails/Paths
  • Association Fee: 750.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 82328.4
  • Parcel #: 7540724507
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 8883.56
  • Tax Lot: 31/30
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2019
Closed on
Sep 23, 2020
Sold by
Blount W Frank W and Blount Mary Elen
Bought by
Carty James M and Mcardle Karen
Seller's Agent
Julie Osborn
Allen Tate/Pat Allen Realty Group
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Current Estimated Value
$2,597,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,397,640
Avg. Annual Appreciation
15.72%

Purchase Details

Closed on
Jul 12, 2006
Sold by
Hart Archibald and Hart Kathy D
Bought by
Blount Frank W and Blount Mary Ellen M
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
Carty James M $1,200,000 None Available
Blount Frank W $1,550,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2020 09/23/20 Sold $1,200,000 -4.0% $243 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
08/31/2019 08/31/19 For Sale $1,250,000 -- $253 / Sq Ft
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 $7,496 $1,884,900 $285,990 $1,598,910
2024 $7,496 $1,884,900 $285,990 $1,598,910
2023 $7,003 $1,884,900 $285,990 $1,598,910
2022 $7,003 $1,278,500 $300,000 $978,500
2021 $9,293 $1,566,030 $300,000 $1,266,030
2020 $8,897 $1,566,030 $300,000 $1,266,030
2018 $7,778 $1,466,710 $281,950 $1,184,760
2017 $0 $1,466,710 $281,950 $1,184,760
2016 $7,778 $1,466,710 $281,950 $1,184,760
2015 $7,755 $1,466,710 $281,950 $1,184,760
2014 $6,800 $1,536,130 $277,760 $1,258,370
2013 -- $1,536,130 $277,760 $1,258,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 91885

APN: 7540724507