NOT LISTED FOR SALE

1388 Cullasaja Dr Highlands, NC 28741

Estimated Value: $440,000 - $646,000

2 Beds
2 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold February 24, 2022

Last sale price $350,000

Est. 51% increase in value since last sale

Current estimated payment $2,963/month

117 Days on Market

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • Wood Flooring
  • Deck
  • Vaulted Ceiling
  • No HOA

About This Home

As of February 2022

Located near Mirror Lake, a short distance from Downtown Highlands, a property offering for those seeking that "Highlands Palate" in a smaller, funky cottage. Soak in the pine walls, wood flooring & and ceilings that take you back to '30's Highlands-style cabins. If a "project" is something you would not shy away from, you're in luck with this +/- 960 square feet of open canvass, and fully justified as neighboring property values are high in the section of Mirror Lake. Please view this unique layout featuring a lower-level kitchen, bedroom and full bath. Ascend the stairs to the upper-level to discover the additional bedroom and vaulted Family Room which opens to the covered deck. There's plenty of room outside to dream and expand to your heart's content. Highlands, NC. is the last best place to be in the Western North Carolina mountains. People are friendly here and respect others in the same way they respect the environment. Hiking, Fly Fishing, Birding, Golf, Kayaking, Stand-Up Paddleboarding...you name it! Downtown is a hybrid mix of retail, restaurants, cultural events, concerts, and more. As. we like to say...."come for the weekend, stay for a lifetime"!

Last Agent to Sell the Property

Patrick Gleeson

Christie's International Real Estate Highlands-Cashiers Brokerage Phone: 8285268118 Listed on: 09/09/2021

Christie's International Real Estate Highlands-Cashiers

Last Buyer's Agent

Patrick Gleeson

Christie's International Real Estate Highlands-Cashiers Brokerage Phone: 8285268118 Listed on: 09/09/2021

Christie's International Real Estate Highlands-Cashiers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $992

Year Built

  • Built in 1937

Lot Details

  • 10,019 Sq Ft Lot
  • Steep Slope
  • Wooded Lot

Parking

  • Driveway

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Views of Woods
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • No Cooling
  • Heating Available
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cullasaja Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7540-35-0633

Home Details

Home Type

Single Family

Est. Annual Taxes

$992

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Subdivision Name: Cullasaja Heights
  • Directions: Leaving Highlands, travel 64W (Cashiers Road). Just past the baseball park, veer LEFT onto Cullasaja Drive to 1388 on your RIGHT.
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1937
  • Attribution Contact: 8285268118
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Oven, Refrigerator
  • Has Basement: Exterior Entry, Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Tile, Wood
  • Interior Amenities: Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Steep Slope, Wooded
  • View: Trees/Woods
  • View: Yes
  • Construction Type: Wood Siding
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Deck, Front Porch, Porch
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway, Gravel, Parking Lot, Unpaved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 10018.8
  • Parcel #: 7540-35-0633
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 991.89
  • Tax Lot: 0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Feb 15, 2022
Sold by
Cottage And Cabin Llc
Bought by
Gainey Nathan Preston and Knuckles Kristin Lynn
Seller's Agent
Patrick Gleeson
Christie's International Real Estate Highlands-Cashiers
Buyer's Agent
Patrick Gleeson
Christie's International Real Estate Highlands-Cashiers
List Price
$469,000
Sold Price
$350,000
Premium/Discount to List
-$119,000
-25.37%
Current Estimated Value
$528,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,266
Avg. Annual Appreciation
13.09%
Original Mortgage
$280,000
Outstanding Balance
$260,989
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$281,928

Purchase Details

Closed on
Jun 9, 2021
Sold by
Chapman C Dan C and Chapman Joann
Bought by
Cottage And Cabin Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
2.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 10, 2010
Sold by
Chapman C Dan and Chapman Joann
Bought by
Chapman C Dan and Chapman Joann

Purchase Details

Closed on
Jul 10, 2008
Sold by
Cooper Robert A and Derry Brenda Cooper
Bought by
Chapman C Dan and Chapman Joann

Purchase Details

Closed on
Apr 7, 2008
Sold by
Ellsworth Suzanne M
Bought by
Suz Enterprises Inc
Source: Public Records

Range of Values:

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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
Gainey Nathan Preston $350,000 Neumann Law Group Pllc
Cottage And Cabin Llc $295,000 None Available
Chapman C Dan -- --
Chapman C Dan $125,000 None Available
Suz Enterprises Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gainey Nathan Preston $280,000
Previous Owner Cottage And Cabin Llc $236,000
Previous Owner Cottage And Cabin Llc $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2022 02/24/22 Sold $350,000 -25.4% --
02/04/2022 02/04/22 Pending -- -- --
09/09/2021 09/09/21 For Sale $469,000 -- --
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 $1,770 $421,650 $149,450 $272,200
2023 $1,032 $421,650 $149,450 $272,200
2022 $1,032 $157,500 $64,760 $92,740
2021 $1,032 $157,500 $64,760 $92,740
2020 $992 $157,500 $64,760 $92,740
2018 $884 $150,560 $85,780 $64,780
2017 $884 $150,560 $85,780 $64,780
2016 $884 $150,560 $85,780 $64,780
2015 $861 $150,560 $85,780 $64,780
2014 $766 $158,430 $86,090 $72,340
2013 -- $158,430 $86,090 $72,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 97427

APN: 7540350633