NOT LISTED FOR SALE

1520 Cullasaja Club Dr Highlands, NC 28741

Estimated Value: $1,108,532 - $1,400,000

3 Beds
3 Baths
-- Sq Ft
0.95 Acres

Last Sold October 21, 2020

Last sale price $600,000

Est. 114% increase in value since last sale

Current estimated payment $7,811/month

173 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Community Lake
  • Fitness Center
  • View of Trees or Woods
  • Clubhouse

About This Home

As of October 2020

Enjoy simplified mountain living in this adorable cottage home across from the heart of Cullasaja Club with all of its popular amenities including the fitness center with classes, the heated swimming pool, the tennis courts, the croquet lawns, the driving range and the clubhouse. This precious home invites you to step up to the front porch and enter the bright, light interior with the kitchen, dining and great open with large floor to ceiling windows allowing natural light to brighten your days. With the master suite on the main level opening to a screened porch and another guest suite on the main, you can send the kids upstairs to enjoy the second guest suite and loft to play games on the card table. (Membership to Cullasaja Club is by invitation at market rate. Homeowners can enjoy Lake Ravenel for boating, fishing, kayaking and rafting).

Last Agent to Sell the Property

Josephine Lovell

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 02/25/2020

Highlands Sotheby's International Realty - DT

Last Buyer's Agent

Josephine Lovell

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 02/25/2020

Highlands Sotheby's International Realty - DT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,764

Year Built

  • Built in 1994

Lot Details

  • 0.95 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Garden

HOA Fees

  • $457 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Window Treatments
  • Living Room with Fireplace
  • Workshop
  • Screened Porch
  • Views of Woods
  • Unfinished Basement
  • Exterior Basement Entry
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating Available
  • Private Water Source
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 331
  • Assessor Parcel Number 7550-36-0530

Community Details

Overview

  • Cullasaja Club Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Putting Green

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,764

Year Built

Built in 1994

Lot Details

0

HOA Fees

$457 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.95
  • Road Surface Type: Paved
  • Subdivision Name: Cullasaja Club
  • Directions: From downtown Highlands, take Hwy 64E towards Cashiers. Turn right at Cullasaja Club entrance and go past security gate. Follow Cullasaja Club Drive past clubhouse and 1520 Cullasaja Club Drive will be on the left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1994
  • Attribution Contact: 8285268300
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Exterior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room, Masonry
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Jetted Tub, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s), Workshop
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Rolling Slope, Wooded
  • Pool Features: Community
  • View: Trees/Woods
  • View: Yes
  • Waterfront Features: Deeded Access
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Garden
  • Foundation Details: Block
  • Other Structures: Workshop
  • Patio And Porch Features: Rear Porch, Covered, Deck, Front Porch, Porch, Screened
  • Roof: Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, One Car Garage, Golf Cart Garage, Paved

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Cable Available
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Gated, Lake, Playground, Pool, Putting Green, Tennis Court(s), Water Access
  • Association Fee: 5485.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 41382.0
  • Parcel #: 7550-36-0530
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 2764.0
  • Tax Lot: 331
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2020
Closed on
Oct 18, 2020
Sold by
Carroll Jorene and Paez Monica
Bought by
Bewley Thomas J and Bewley Rebecca
Seller's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
Buyer's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
List Price
$650,000
Sold Price
$600,000
Premium/Discount to List
-$50,000
-7.69%
Current Estimated Value
$1,281,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$681,883
Avg. Annual Appreciation
16.94%
Original Mortgage
$480,000
Outstanding Balance
$428,860
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$853,023
Source: Public Records

Range of Values:

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Average Value
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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
Bewley Thomas J $600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bewley Thomas J $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2020 10/21/20 Sold $600,000 -7.7% --
09/22/2020 09/22/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $650,000 -- --
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 $4,428 $1,165,344 $250,000 $915,344
2024 $2,323 $611,410 $200,000 $411,410
2023 $2,323 $611,410 $200,000 $411,410
2022 $2,323 $611,410 $200,000 $411,410
2021 $2,323 $611,410 $200,000 $411,410
2020 $2,691 $635,040 $250,000 $385,040
2019 $2,658 $635,040 $250,000 $385,040
2018 $2,658 $635,040 $250,000 $385,040
2017 $2,595 $635,040 $250,000 $385,040
2015 $2,964 $865,950 $360,000 $505,950
2011 -- $993,100 $341,470 $651,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 92991

APN: 7550-36-0530