Seller's Agent in 2023
Julie Osborn
Pat Allen Realty Group
(828) 200-6165
89 in this area
124 Total Sales
128 Summit Trail Highlands, NC 28741
Estimated Value: $1,864,000 - $2,049,400
4
Beds
4
Baths
--
Sq Ft
26,572
Sq Ft Lot
Highlights
- Panoramic View
- Vaulted Ceiling
- Screened Porch
- Deck
- Wood Flooring
- Eat-In Kitchen
About This Home
As of November 2023THE BEST VIEW IN HIGHGATE! Stunning panoramic southern and western layered mountain views abound from this newly renovated home in Highgate. Recently undergoing an extensive nine-month renovation, this property has been transformed into a luxurious haven. A thoughtful removal of a wall has opened up the view from the front foyer, creating a more spacious and inviting entrance. The oversized metal and glass front door exudes sophistication and sets the tone for the grandeur within. Step inside and be captivated by the elegance of heated tile floors in the living room, providing both comfort and style. Unwind and indulge in the free-standing master bathroom bathtub, while enjoying a relaxing soak. The presence of two wood-burning fireplaces adds warmth and coziness to the ambiance. With four bedrooms and four bathrooms, this home offers ample space and privacy for its occupants. The main and lower living areas provide flexibility for relaxation and entertainment. Step outside into the large screened porch and enjoy breathtaking mountain views, cool breezes and unbelievable sunsets. Bathed in southern and western exposure, the entire home enjoys an abundance of natural light throughout the day, creating a bright and airy ambiance. 128 Summit Trail is the perfect spot to unwind, savor our glorious sunsets, and embrace the scenic beauty that surrounds us and makes Highlands a truly special haven. Located at an elevation above 4,100 feet, this home benefits from cool mountain breezes, providing a welcome respite from the summer heat. Its proximity to the esteemed Mountain Laurel Tennis Club, downtown Highlands and Glen Falls ensures easy access to recreational and social amenities. Experience the epitome of comfort, style, and natural beauty in this remarkable mountain retreat.
Last Agent to Sell the Property
Pat Allen Realty Group Brokerage Phone: 8285268784 License #277868 Listed on: 07/04/2023
Last Buyer's Agent
Art Fisher
Fisher Realty Highlands License #169780
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,138
Year Built
- Built in 2000
Lot Details
- 0.61 Acre Lot
- Steep Slope
- Cleared Lot
- Garden
HOA Fees
- $225 Monthly HOA Fees
Property Views
- Panoramic
- Mountain
Home Design
- Shingle Roof
- Wood Siding
Interior Spaces
- 1.5-Story Property
- Wet Bar
- Vaulted Ceiling
- Wood Burning Fireplace
- Stone Fireplace
- Living Room with Fireplace
- Screened Porch
- Dryer
Kitchen
- Eat-In Kitchen
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Wine Cooler
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Crawl Space
Outdoor Features
- Deck
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Private Water Source
- Private Sewer
- Cable TV Available
Community Details
- Highgate Subdivision
Listing and Financial Details
- Tax Lot 32
- Assessor Parcel Number 7530-31-3145
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 4, 2023
Closed on
Nov 8, 2023
Sold by
Jam Holdings And Investments Llc
Bought by
Krishnamurthy Karthik and Krishnamurthy Anesa
Seller's Agent
Julie Osborn
Pat Allen Realty Group
Buyer's Agent
Art Fisher
Fisher Realty Highlands
List Price
$1,950,000
Sold Price
$1,775,000
Premium/Discount to List
-$175,000
-8.97%
Views
161
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,600
Avg. Annual Appreciation
3.64%
Original Mortgage
$1,420,000
Outstanding Balance
$1,389,264
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$539,336
Purchase Details
Listed on
May 13, 2022
Closed on
Oct 21, 2022
Sold by
Green Gary V and Green Linda S
Bought by
Jam Holdings And Investments Llc
Seller's Agent
Julie Osborn
Pat Allen Realty Group
Buyer's Agent
Julie Osborn
Pat Allen Realty Group
List Price
$1,300,000
Sold Price
$1,100,000
Premium/Discount to List
-$200,000
-15.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.73%
Original Mortgage
$1,021,700
Interest Rate
6.02%
Mortgage Type
Construction
Purchase Details
Closed on
May 17, 2005
Sold by
Tar Dawgs Inc
Bought by
Green Gary V and Green Linda S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$835,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Krishnamurthy Karthik | $1,775,000 | None Listed On Document | |
| Jam Holdings And Investments Llc | $1,100,000 | -- | |
| Green Gary V | -- | -- | |
| Green Gary V | -- | None Available | |
| Green Gary V | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Krishnamurthy Karthik | $1,420,000 | |
| Previous Owner | Jam Holdings And Investments Llc | $1,021,700 | |
| Previous Owner | Green Gary V | $835,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/14/2023 11/14/23 | Sold | $1,775,000 | -6.3% | -- | |
| 11/05/2023 11/05/23 | Pending | -- | -- | -- | |
| 09/21/2023 09/21/23 | Price Changed | $1,895,000 | -2.8% | -- | |
| 07/04/2023 07/04/23 | For Sale | $1,950,000 | +77.3% | -- | |
| 10/26/2022 10/26/22 | Sold | $1,100,000 | -15.4% | -- | View Prior Sale |
| 09/21/2022 09/21/22 | Pending | -- | -- | -- | |
| 05/13/2022 05/13/22 | For Sale | $1,300,000 | -- | -- |
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 | $4,464 | $1,502,620 | $300,000 | $1,202,620 |
| 2024 | $4,464 | $1,502,620 | $300,000 | $1,202,620 |
| 2023 | $41 | $1,238,470 | $300,000 | $938,470 |
| 2022 | $4,138 | $937,210 | $300,000 | $637,210 |
| 2021 | $4,138 | $937,210 | $300,000 | $637,210 |
| 2020 | $3,901 | $937,210 | $300,000 | $637,210 |
| 2018 | $3,589 | $971,050 | $400,000 | $571,050 |
| 2017 | $3,589 | $971,050 | $400,000 | $571,050 |
| 2016 | $3,589 | $971,050 | $400,000 | $571,050 |
| 2015 | $3,566 | $971,050 | $400,000 | $571,050 |
| 2014 | $2,886 | $976,940 | $400,000 | $576,940 |
| 2013 | -- | $976,940 | $400,000 | $576,940 |
Source: Public Records
Agents Affiliated with this Home
-
Julie Osborn
-
Pat Allen
Seller Co-Listing Agent in 2023
Pat Allen
Pat Allen Realty Group
(828) 200-9179
79 in this area
94 Total Sales
-
A
Buyer's Agent in 2023
Art Fisher
Fisher Realty Highlands
Map
Source: Highlands-Cashiers Board of REALTORS®
MLS Number: 102454
APN: 7530313145
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