NOT LISTED FOR SALE

140 Cowee Ridge Rd Highlands, NC 28741

Estimated Value: $954,000 - $1,816,000

3 Beds
3 Baths
-- Sq Ft
3.63 Acres

Last Sold June 07, 2018

Last sale price $635,000

Est. 118% increase in value since last sale

Current estimated payment $7,641/month

2 Days on Market

Highlights

  • Spa
  • View of Trees or Woods
  • Deck
  • Gated Community
  • 3.63 Acre Lot
  • Wooded Lot

About This Home

As of June 2018

Enjoy breathtaking views of Whiteside Mountain from this beautifully sited and well appionted cabin. Savor the privacy that its 3.6+/- wooded acres offer in a gated community between Highlands and Cashiers. The Cowee Ridge community of 27 homes is just 8 minutes from downtown Highlands and 10 minutes from the Cashiers. 3 Bedroom and 3 Baths, level walk in driveway, 2 Screen Porches, 2 Decks, Hot Tub, Lower Level Family Room, Fireplace and Fully Furnished with few exclusions. This home has a very active VRBO rental history we can share and more rentals booked for the Summer. Perfect location to enjoy the restaurants and hiking in both Cashiers and Highlands communities. Perfect Investment Property and wonderful for your Personal Home.

Last Agent to Sell the Property

Bill Gilmore

Highlands Cove Realty at Old Edwards Club Brokerage Phone: 8285268128 Listed on: 04/21/2018

Highlands Cove Realty at Old Edwards Club

Last Buyer's Agent

Bill Gilmore

Highlands Cove Realty at Old Edwards Club Brokerage Phone: 8285268128 Listed on: 04/21/2018

Highlands Cove Realty at Old Edwards Club

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,102

Year Built

  • Built in 2007

Lot Details

  • 3.63 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $125 Monthly HOA Fees

Property Views

  • Woods
  • Mountain

Home Design

  • Shingle Roof
  • Wood Siding
  • Concrete Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Screened Porch
  • Wood Flooring
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Crawl Space

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Spa
  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Shared Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 7551-66-5065

Community Details

Overview

  • Cowee Ridge Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,102

Year Built

Built in 2007

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.63
  • Road Surface Type: Paved
  • Subdivision Name: Cowee Ridge
  • Directions: Gate Code in Showing Instructions. From Highlands take 64 East turn left on East Over Drive (before Romans Roofing) take your first left on Cowee Ridge the home will be the 2nd on the left #140. From Cashiers just past Romans Roofing turn right on East Over Drive. PARKING - PULL ALL THE WAY TO THE END OF DRIVE AND TURN AROUND AND FACE OUT.
  • Architectural Style: Bungalow, Craftsman
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2007
  • Attribution Contact: 8285268128
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Furnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Oven, Ice Maker, Microwave, Refrigerator, Washer
  • Accessibility Features: Accessible Entrance
  • Has Basement: Crawl Space, Exterior Entry, Encapsulated, Walk-Out Access
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter, Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Garden Tub/Roman Tub, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Partially Cleared, Rolling Slope, Wooded
  • View: Mountain(s), Trees/Woods
  • View: Yes
  • Disclosures: Licensed Vacation Rental
  • Construction Type: Concrete, Stone, Wood Siding
  • Patio And Porch Features: Rear Porch, Covered, Deck, Porch, Screened, Side Porch
  • Roof: Shingle

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric, Other, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Gas, Zoned
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 1500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 158122.8
  • Parcel #: 7551-66-5065
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2102.22
  • Tax Lot: 2
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2021
Sold by
Bavely Michael and Bavely Caitlan
Bought by
Mos Partners Llc
Current Estimated Value
$1,387,039

Purchase Details

Listed on
Apr 21, 2018
Closed on
Jun 4, 2018
Sold by
Cowee Ridge Properties Llc
Bought by
Bavely Michael and Bavely Caitlan
Seller's Agent
Bill Gilmore
Highlands Cove Realty at Old Edwards Club
Buyer's Agent
Bill Gilmore
Highlands Cove Realty at Old Edwards Club
List Price
$649,000
Sold Price
$635,000
Premium/Discount to List
-$14,000
-2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.15%
Original Mortgage
$508,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2017
Sold by
Palmer Kevin L and Thomas Ellicott J
Bought by
Cowee Ridge Properties Llc

Purchase Details

Closed on
Jul 14, 2006
Sold by
Cowee Ridge Properties Llc
Bought by
Palmer Kevin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 22, 2005
Sold by
Palmer Kevin L and Ellicott Joseph Thomas
Bought by
Cowee Rdg Properties Llc
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
Mos Partners Llc -- None Available
Bavely Michael $635,000 None Available
Cowee Ridge Properties Llc -- None Available
Palmer Kevin L -- None Available
Palmer Kevin L -- None Available
Cowee Rdg Properties Llc -- None Available
Palmer Kevin L $90,000 None Available
Cowee Ridge Properties Llc -- None Available
Palmer Kevin L $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bavely Michael $508,000
Previous Owner Palmer Kevin L $543,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2018 06/07/18 Sold $635,000 -2.2% --
04/29/2018 04/29/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $649,000 -- --
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 $2,905 $963,180 $235,420 $727,760
2024 $2,905 $963,180 $235,420 $727,760
2023 $2,893 $963,180 $235,420 $727,760
2022 $2,834 $633,980 $150,000 $483,980
2021 $2,834 $633,980 $150,000 $483,980
2020 $2,674 $633,980 $150,000 $483,980
2018 $2,102 $557,870 $122,660 $435,210
2017 $2,102 $557,870 $122,660 $435,210
2016 $2,102 $557,870 $122,660 $435,210
2015 $2,079 $557,870 $122,660 $435,210
2014 $2,082 $698,060 $232,090 $465,970
2013 -- $698,060 $232,090 $465,970
Source: Public Records

Agents Affiliated with this Home

  • Bill Gilmore

    Seller's Agent in 2018

    Bill Gilmore

    Highlands Cove Realty at Old Edwards Club

    (404) 478-8495

    7 in this area

    22 Total Sales

    Bill Gilmore
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 88139

APN: 7551665065

North Carolina Macon County Highlands 28741

140 Cowee Ridge Rd, Highlands, NC

This home is located at 140 Cowee Ridge Rd, Highlands, NC 28741 since 21 April 2018 and is currently estimated at $1,387,039. This property was built in 2007. 140 Cowee Ridge Rd is a home located in Macon County with nearby schools including Highlands School, Macon Middle School, and Mountain View Intermediate School.

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