NOT LISTED FOR SALE

11e Summit Falls Rd Sapphire, NC 28774

Sapphire Neighborhood

Estimated Value: $89,000 - $791,000

2.01 Acres
$167,827 Price per Acre
87,556 Sq Ft Lot

Last Sold July 14, 2022

Last sale price $50,000

Est. 575% increase in value since last sale

Current estimated payment $1,794/month

99 Days on Market

Highlights

  • Golf Course Community
  • Panoramic View
  • Clubhouse
  • Fitness Center
  • 2.01 Acre Lot
  • Community Pool

About This Lot

As of July 2022

Fantastic large 2.01 acre view lot in Sapphire Valley at over 3500 feet of elevation. Panoramic view, pie shaped, with easy building site. Comes with Sapphire valley Amenities that include private Lake Fairfield access, fitness center, walking track, miniature golf course, 18 Hole Championship golf course , nine hole walking golf course, eight court tennis facility, recreation center, indoor and outdoor pools.

Last Buyer's Agent

Kristen Hitchcock

Landmark Realty Group - Frank Allen, Cashiers

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $403

Lot Details

  • 2.01 Acre Lot
  • Home fronts a stream
  • Cul-De-Sac
  • Lot Has A Rolling Slope

Property Views

  • Panoramic
  • Mountain

Listing and Financial Details

  • Tax Lot 11E
  • Assessor Parcel Number 8502-27-7911

Community Details

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Additional Features

  • Property has a Home Owners Association
  • Clubhouse

Property Details

Property Type

Land

Est. Annual Taxes

$403

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 2.01
  • Road Surface Type: Paved
  • Water Body Name: Fairfield Lake
  • Directions: From the Crossroads of Hwy 64 and Hwy 107 in Cashiers, proceed east on Hwy 64 through Sapphire Valley approximately 5 miles and turn left on Tower Rd. at the Holly Forest/Sapphire High/ Falcon Ridge sign. Proceed about one mile to Summit Falls Rd. on the left. Follow to end of cul-de-sac at the lot is there marked with Lot number and orange survey flags.
  • Carport Y N: No
  • Garage Yn: No
  • Attribution Contact: 8287436445
  • PropertySubTypeAdditional: Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Cul-De-Sac, Flag Lot, Rolling Slope
  • Pool Features: Community
  • View: Mountain(s), Panoramic
  • View: Yes
  • Waterfront Features: Stream, Deeded Access

Utilities

  • Sewer: Septic Permit 3 Bedroom
  • Water Source: Not Connected (at lot)

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Other, Playground, Pool, Tennis Court(s), Trails/Paths, Water Access
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 87555.6
  • Parcel #: 8502-27-7911
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 403.3
  • Tax Lot: 11E
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Jul 12, 2022
Sold by
Scott & Tammy Deppe Living Trust
Bought by
Dearmas Fabtan C and De Armas Michael
Buyer's Agent
Kristen Hitchcock
Landmark Realty Group - Frank Allen, Cashiers
List Price
$85,000
Sold Price
$50,000
Premium/Discount to List
-$35,000
-41.18%
Current Estimated Value
$337,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,333
Avg. Annual Appreciation
73.08%

Purchase Details

Closed on
Feb 6, 2013
Sold by
Deppe Tammy K and Deppe Scott A
Bought by
Deppe Scott A and Deppe Tammy

Purchase Details

Closed on
Feb 10, 2005
Sold by
Davis James B and Davis Marie
Bought by
Deppe Tammy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.72%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Dearmas Fabtan C $50,000 J Edwin Henson Pllc
Deppe Scott A -- None Available
Deppe Tammy K $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deppe Tammy K $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2022 07/14/22 Sold $50,000 -41.2% --
06/17/2022 06/17/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $85,000 -- --
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 $380 $100,000 $100,000 $0
2024 $380 $100,000 $100,000 $0
2023 $409 $100,000 $100,000 $0
2022 $409 $100,000 $100,000 $0
2021 $380 $100,000 $100,000 $0
2020 $403 $100,000 $100,000 $0
2019 $403 $100,000 $100,000 $0
2018 $403 $100,000 $100,000 $0
2017 $393 $100,000 $100,000 $0
2015 $454 $100,000 $100,000 $0
2011 -- $152,230 $152,230 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Buyer's Agent in 2022

    Kristen Hitchcock

    Landmark Realty Group - Frank Allen, Cashiers

    (828) 545-0648

    7 in this area

    27 Total Sales

    Kristen Hitchcock
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 98445

APN: 8502-27-7911

North Carolina Jackson County Sapphire 28774 Sapphire

11e Summit Falls Rd, Sapphire, NC

Not Listed for Sale

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