$910,000
SOLD OCT 1, 2014

131 Ravenel Point Highlands, NC 28741

5 Beds
3.5 Baths
200 Sq Ft
1.5 Acres

Recently Sold

$4,550 Per Sq Ft

9% Below List Price

2 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • Community Lake
  • Golf Course Community
  • 1.5 Acre Lot
  • Clubhouse

About This Home

As of January 2024

Wonderful point of Lake Ravenel has main home and guest home on two lots. First time on the market and an amazing opportunity priced at $995,000. Beautiful gardens and a gazebo on the lake provide a dream for a mountain gardener.

Last Agent to Sell the Property

Josephine Lovell

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 07/23/2014

Highlands Sotheby's International Realty - DT

Last Buyer's Agent

Josephine Lovell

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 07/23/2014

Highlands Sotheby's International Realty - DT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,697

Year Built

  • Built in 1991

Lot Details

  • 1.5 Acre Lot
  • Lake Front
  • Cleared Lot

HOA Fees

  • $566 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Lake Views
  • Crawl Space

Kitchen

  • <<doubleOvenToken>>
  • <<microwave>>
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Glass Enclosed

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 308/309
  • Assessor Parcel Number 7551414353

Community Details

Overview

  • Cullasaja Club Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Putting Green

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,697

Year Built

Built in 1991

Lot Details

0

HOA Fees

$566 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.5
  • Road Surface Type: Paved
  • Water Body Name: Ravenel
  • Subdivision Name: Cullasaja Club
  • Directions: From downtown Highlands, take Hwy 64E towards Cashiers. Turn right at Cullasaja Club entrance. Go past security gate and follow Cullasaja Club Drive over bridge. Turn right on to Ravenel Point. 131 Ravenel Point is at the end of the cul-de-sac on the right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1991
  • Attribution Contact: 8285268300
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Double Oven, Dishwasher, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Tray Ceiling(s), Ceiling Fan(s), Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Cleared
  • Pool Features: Community
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Deeded Access
  • Construction Type: Frame, Wood Siding
  • Other Structures: Residence
  • Patio And Porch Features: Glass Enclosed
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Clubhouse, Golf, Gated, Lake, Pool, Putting Green, Tennis Court(s), Water Access
  • Association Fee: 6790.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 65340.0
  • Parcel #: 7551414353
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 7697.23
  • Tax Lot: 308/309
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2024
Sold by
Sam L Scalise Revocable Trust and Scalise Sam L
Bought by
Brown David L and Brown Patricia
Current Estimated Value
$4,511,852

Purchase Details

Listed on
Jun 6, 2016
Closed on
Aug 26, 2016
Sold by
Lupoli John R and Lupoli Anita S
Bought by
Carrig Kenneth J and Carrig Elizabeth M
Seller's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
List Price
$2,695,000
Sold Price
$2,975,000
Premium/Discount to List
$280,000
10.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%

Purchase Details

Listed on
Jul 23, 2014
Closed on
Sep 30, 2014
Sold by
Weaver Herbert B and Kenreich Holly W
Bought by
Lupoli John
Seller's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
Buyer's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
List Price
$995,000
Sold Price
$910,000
Premium/Discount to List
-$85,000
-8.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
85.33%
Original Mortgage
$810,000
Interest Rate
4.17%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 27, 2012
Sold by
Weaver Herbert B
Bought by
Weaver Herbert B Jr Tr
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
Warranty Deed $4,445,000 None Listed On Document
Warranty Deed $2,975,000 Attorney
Warranty Deed $910,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $810,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $4,950,000 -0.9% $24,750 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
10/21/2023 10/21/23 For Sale $4,995,000 +67.9% $24,975 / Sq Ft
08/31/2016 08/31/16 Sold $2,975,000 +10.4% $14,875 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
06/07/2016 06/07/16 For Sale $2,695,000 +196.2% $13,475 / Sq Ft
10/01/2014 10/01/14 Sold $910,000 -8.5% $4,550 / Sq Ft
09/05/2014 09/05/14 Pending -- -- --
08/02/2014 08/02/14 For Sale $995,000 -- $4,975 / 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
2024 -- $450,000 $450,000 $0
2023 $7,289 $3,194,050 $450,000 $2,744,050
2022 $7,289 $1,666,960 $450,000 $1,216,960
2021 $7,289 $1,669,960 $450,000 $1,219,960
2020 $6,866 $1,669,960 $450,000 $1,219,960
2018 $6,111 $1,645,600 $550,000 $1,095,600
2017 $0 $1,645,600 $550,000 $1,095,600
2016 $4,510 $1,200,760 $550,000 $650,760
2015 $3,964 $1,200,760 $550,000 $650,760
2014 $5,970 $2,023,070 $765,450 $1,257,620
2013 -- $2,023,070 $765,450 $1,257,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 80174

APN: 7551414353