NOT LISTED FOR SALE

159 Raintree Ln Highlands, NC 28741

Estimated Value: $543,000 - $861,000

2 Beds
2 Baths
-- Sq Ft
2.53 Acres

Last Sold June 01, 2020

Last sale price $299,000

Est. 123% increase in value since last sale

Current estimated payment $3,607/month

2 Days on Market

Highlights

  • View of Trees or Woods
  • Spring on Lot
  • Cathedral Ceiling
  • 2.53 Acre Lot
  • Wooded Lot
  • Traditional Architecture

About This Home

As of June 2020

Charming cottage nestled on a 2.53 acre wooded property that is peaceful yet only 3 miles to Main Street Highlands. This home is currently a very successful VRBO, but could equally be a charming mountain retreat. The Tree House is conveniently located three miles East of downtown Highlands near the Highlands-Cashiers Hospital. This charming cottage offers beautiful woodland views overlooking the 2.5 acre property. This property features two driveways that offer ample parking. The home features a beautiful wood burning stone fireplace, soaring vaulted wood ceilings, wood floors throughout the home, a master bedroom on the main floor and full length covered porches on both the front and back of the home. The property can be subdivided and offers a second level home site.

Last Agent to Sell the Property

Brian Renfro

Landmark Realty Group - Highlands Brokerage Phone: 8285264663 Listed on: 05/06/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,053

Year Built

  • Built in 2001

Lot Details

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

Home Design

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

Interior Spaces

  • 1.5-Story Property
  • Furnished or left unfurnished upon request
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Views of Woods
  • Dryer

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Spring on Lot
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating Available
  • Private Water Source
  • Septic Tank

Community Details

  • No Home Owners Association
  • Meadows Subdivision

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 7551-33-5574

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,053

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.53
  • Road Surface Type: Paved
  • Subdivision Name: Meadows
  • Directions: From Highlands proceed from 4th Street/US 64 to Cherrywood Dr on the left at the Highlands Fire substation just past the hospital. Proceed to Raintree on the right. Continue to 159 on the left (continue to the right on Raintree at fork). There are two driveways that are both marked with the house number (the second driveway is the front door but there is room for multiple cars in the first drive)
  • Architectural Style: Bungalow, Cottage, Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 2001
  • Attribution Contact: 8285264663
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Gas Oven, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space, Dirt Floor, Exterior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Rolling Slope, Spring, Wooded
  • View: Trees/Woods
  • View: Yes
  • Disclosures: Licensed Vacation Rental
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Satellite Dish
  • Foundation Details: Block
  • Patio And Porch Features: Rear Porch, Covered, Front Porch, Porch
  • Roof: Shingle

Garage/Parking

  • Parking Features: Gravel, None

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 110206.8
  • Parcel #: 7551-33-5574
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1053.05
  • Tax Lot: 36
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2020
Closed on
Jun 1, 2020
Sold by
Highlands Treehouse Llc
Bought by
Dunn Christopher K and Dunn Sarah N
Seller's Agent
Brian Renfro
Landmark Realty Group - Highlands
List Price
$299,000
Sold Price
$299,000
Current Estimated Value
$667,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,267
Avg. Annual Appreciation
15.50%

Purchase Details

Closed on
Jul 19, 2013
Sold by
Callahan Vernon E and Callahan Gaybrilla
Bought by
Young Lawrence A and Young Debroah W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dunn Christopher K $299,000 None Available
Young Lawrence A $235,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2020 06/01/20 Sold $299,000 0.0% --
05/25/2020 05/25/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $299,000 -- --
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 -- $416,330 $125,910 $290,420
2024 $1,324 $416,330 $125,910 $290,420
2023 $1,126 $416,330 $125,910 $290,420
2022 $1,126 $236,730 $64,130 $172,600
2021 $1,126 $236,730 $64,130 $172,600
2020 $1,066 $236,730 $64,130 $172,600
2018 $1,088 $275,900 $105,620 $170,280
2017 -- $275,900 $105,620 $170,280
2016 $1,088 $275,900 $105,620 $170,280
2015 -- $275,900 $105,620 $170,280
2014 $1,002 $322,800 $127,950 $194,850
2013 -- $322,800 $127,950 $194,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 93387

APN: 7551335574