$300,000
SOLD FEB 4, 2014

1241 King Gap Rd Highlands, NC 28741

4 Beds
6 Baths
-- Sq Ft
1.29 Acres

Recently Sold

33% Below List Price

24 Days on Market

Highlights

  • Panoramic View
  • Community Lake
  • Deck
  • Gated Community
  • Clubhouse
  • Cathedral Ceiling

About This Home

As of February 2014

Panoramic views in this 4BD/4BA home in the gated community of King Mountain Club. Spacious wrap around deck, open floor plan and large stone fireplace on both levels, make this a perfect home for entertaining. All 4 bedrooms have their own private baths. Close to club house and amenities.

Last Agent to Sell the Property

David Bee

Prestige Realty Group, LLC Brokerage Phone: 8285269999 Listed on: 12/20/2013

Co-Listed By

Christal Green

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285269999

Last Buyer's Agent

Mark Rosenthal

Landmark Realty Group - Highlands

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,138

Year Built

  • Built in 1990

Lot Details

  • 1.29 Acre Lot
  • Lot Has A Rolling Slope

HOA Fees

  • $208 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Circular Driveway

Property Views

  • Panoramic
  • Mountain

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Finished Basement

  • Heated Basement
  • Interior and Exterior Basement Entry

Outdoor Features

  • Deck
  • Wrap Around Porch

Utilities

  • Cooling System Powered By Gas
  • Central Air
  • Private Water Source
  • Septic Tank

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 7419642866

Community Details

Overview

  • King Mountain Club Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,138

Year Built

Built in 1990

Lot Details

0

HOA Fees

$208 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.29
  • Road Surface Type: Paved
  • Co List Office Mls Id: 236
  • Co List Office Phone: 828-526-9999
  • Subdivision Name: King Mountain Club
  • Directions: From Highlands take 106S. Go approx. 8 miles to King Mountain Club on right. Call for gate code. Stay straight and go past clubhouse. Take right on Phillips Dr. and take next left on King Gap rd. House will be on left and has gazebo in front.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1990
  • Attribution Contact: 8285269999
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Oven, Microwave, Refrigerator
  • Has Basement: Exterior Entry, Finished, Heated, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Jetted Tub, Pantry, Walk-In Closet(s)

Exterior Features

  • Lot Features: Rolling Slope
  • Pool Features: Community
  • View: Mountain(s), Panoramic
  • View: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Barbecue, Satellite Dish
  • Other Structures: Gazebo
  • Patio And Porch Features: Rear Porch, Covered, Deck, Front Porch, Porch, Wrap Around
  • Roof: Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Circular Driveway, Garage, Two Car Garage, Paved

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Gas
  • Cooling Y N: Yes
  • Electric: Generator
  • Sewer: Septic Tank
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Lake, Pool, Tennis Court(s), Trails/Paths
  • Association Fee: 2500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 56192.4
  • Parcel #: 7419642866
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 3138.02
  • Tax Lot: 55
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2013
Closed on
Jan 22, 2014
Sold by
Bank Of America Na
Bought by
Rosenthal Laura and Rosenthal Mark
Seller's Agent
David Bee
Prestige Realty Group, LLC
Buyer's Agent
Mark Rosenthal
Landmark Realty Group - Highlands
List Price
$450,000
Sold Price
$300,000
Premium/Discount to List
-$150,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.84%

Purchase Details

Closed on
Jul 23, 2013
Sold by
Lettow Carl F and Lettow Faye L
Bought by
Bank Of America Na
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $300,000 None Available
Trustee Deed $412,250 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 For Sale $2,800,000 +833.3% --
02/04/2014 02/04/14 Sold $300,000 -33.3% --
01/16/2014 01/16/14 Pending -- -- --
12/22/2013 12/22/13 For Sale $450,000 -- --
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
2024 $2,501 $763,640 $150,000 $613,640
2023 $2,489 $763,640 $150,000 $613,640
2022 $2,704 $566,100 $150,000 $416,100
2021 $2,704 $566,100 $150,000 $416,100
2020 $2,561 $566,100 $150,000 $416,100
2018 $2,493 $603,230 $150,000 $453,230
2017 $2,493 $603,230 $150,000 $453,230
2016 $2,493 $603,230 $150,000 $453,230
2015 $2,470 $603,230 $150,000 $453,230
2014 $3,138 $976,440 $150,000 $826,440
2013 -- $976,440 $150,000 $826,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 78642

APN: 7419642866