NOT LISTED FOR SALE

1561 Cullasaja Dr Highlands, NC 28741

Estimated Value: $854,000 - $1,029,000

4 Beds
2.5 Baths
-- Sq Ft
0.51 Acres

Last Sold July 07, 2020

Last sale price $501,516

Est. 82% increase in value since last sale

Current estimated payment $5,253/month

218 Days on Market

Highlights

  • View of Trees or Woods
  • Deck
  • Traditional Architecture
  • Community Lake
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of July 2020

When John Muir said "the mountains are calling and I must go" he could have been talking about this cabin. Located in the shadows of Mirror Lake lies this storied cottage, originally constructed in the 40's, on a large lot with an old syrup kettle fire-pit to gather around. The phrase "Family Friendly" is true here, with three upstairs bedrooms well-separated from a 4th bedroom on the main floor. Both full bathrooms have undergone renovations with tiled showers and more. The main floor living areas flow "Highlands Style" from the natural stone fireplace in the family room to the newly-tiled kitchen/dining area, the perfect place to enjoy coffee and breakfast, with plenty of natural light in every room of the cottage. Transition to several outdoor living spaces including a screened-in porch and covered decks front & back (bring rocking chairs). An Americana Looking single car garage, canoe storage, workshop completes this iconic in-town property. If you've had one visit to Highlands, by now you're hooked. The outdoor beauty is defined by it's multitude of offerings...Hiking, Fly Fishing, Canoeing, Paddle-Boarding, and Kayaking on Mirror Lake. Downtown Highlands with it's shop-til-you-drop retail, award winning restaurants, a Relais & Chateaux Inn and Spa (Old Edwards Inn), theatre, concerts, and Festivals captivates family, friends, and guests of all kinds.

Last Agent to Sell the Property

Patrick Gleeson

Christie's International Real Estate Highlands-Cashiers Brokerage Phone: 8285268118 Listed on: 10/18/2019

Christie's International Real Estate Highlands-Cashiers

Co-Listed By

Deborah Gleeson

Christie's International Real Estate Highlands-Cashiers Brokerage Phone: 8285268118

Last Buyer's Agent

Terry Potts

Country Club Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,113

Year Built

  • Built in 1940

Lot Details

  • 0.51 Acre Lot
  • Lot Has A Rolling Slope
  • Garden

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Furnished
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Stone Fireplace
  • Fireplace Features Masonry
  • Window Treatments
  • Living Room with Fireplace
  • Screened Porch
  • Views of Woods
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Partially Finished Basement

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

Outdoor Features

  • Deck
  • Fire Pit

Utilities

  • No Cooling
  • Heating Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mirror Lake Subdivision
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 7540-25-2182

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,113

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.51
  • Road Surface Type: Paved
  • Co List Office Mls Id: 244
  • Co List Office Phone: 828-526-8118
  • Subdivision Name: Mirror Lake
  • Directions: From main street Highlands, take 64W towards Cashiers. Just before Memorial Park, take a left onto Cullasaja Dr. 1561 is on the left.
  • Architectural Style: Bungalow, Other, Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1940
  • Attribution Contact: 8285268118
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space, Exterior Entry, Concrete, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Masonry, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Eat-in Kitchen, Vaulted Ceiling(s)
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Partially Cleared, Rolling Slope
  • View: Trees/Woods
  • View: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Fire Pit, Garden
  • Other Structures: Workshop
  • Patio And Porch Features: Covered, Deck, Front Porch, Porch, Screened, Side Porch
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, One Car Garage, None, Parking Lot

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas
  • Heating Yn: Yes
  • Sewer: Sewer Applied for Permit
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake, Park
  • Association: No

Lot Info

  • Lot Size Sq Ft: 22215.6
  • Parcel #: 7540-25-2182
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 2112.68
  • Tax Lot: none
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2019
Closed on
Jul 6, 2020
Sold by
Mirgorod George and Mirgorod Jennifer K
Bought by
Cameron Donald L and Cameron Debra Porter
Seller's Agent
Patrick Gleeson
Christie's International Real Estate Highlands-Cashiers
Buyer's Agent
Terry Potts
Country Club Properties
List Price
$575,000
Sold Price
$501,516
Premium/Discount to List
-$73,484
-12.78%
Current Estimated Value
$915,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,634
Avg. Annual Appreciation
13.50%
Original Mortgage
$401,212
Outstanding Balance
$360,320
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$595,354

Purchase Details

Listed on
May 31, 2012
Closed on
May 20, 2013
Sold by
Whitehead R K and Whitehead Laura L
Bought by
Mirgorod George and Mirgorod Jennifer K
Seller's Agent
Doug Helms
Christie's International Real Estate Highlands-Cashiers
Buyer's Agent
Thomas Goldacker
Berkshire Hathaway HomeServices Meadows Mountain Realty
List Price
$525,000
Sold Price
$408,500
Premium/Discount to List
-$116,500
-22.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.92%

Purchase Details

Closed on
Aug 1, 2012
Sold by
Cornish Tamara R
Bought by
Gmac Mortgage 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
Cameron Donald L $501,500 First American Title
Mirgorod George $408,500 None Available
Gmac Mortgage Llc $49,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cameron Donald L $401,212
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2020 07/07/20 Sold $501,516 -12.8% --
06/24/2020 06/24/20 Pending -- -- --
11/02/2019 11/02/19 For Sale $575,000 +40.8% --
05/22/2013 05/22/13 Sold $408,500 -22.2% --
05/22/2013 05/22/13 Pending -- -- --
05/31/2012 05/31/12 For Sale $525,000 -- --
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 $2,913 $700,700 $216,570 $484,130
2023 $2,278 $700,700 $216,570 $484,130
2022 $2,278 $360,500 $91,330 $269,170
2021 $2,278 $370,000 $91,330 $278,670
2020 $2,126 $359,530 $91,330 $268,200
2019 $2,113 $359,530 $91,330 $268,200
2018 $2,191 $400,070 $145,330 $254,740
2017 -- $400,070 $145,330 $254,740
2016 $2,191 $400,070 $145,330 $254,740
2015 -- $400,070 $145,330 $254,740
2014 $1,738 $380,370 $162,790 $217,580
2013 -- $380,370 $162,790 $217,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 92382

APN: 7540252182