NOT LISTED FOR SALE

1618 Cherokee Trace Cashiers, NC 28717

Sapphire Neighborhood

Estimated Value: $5,265,873 - $7,174,000

5 Beds
8 Baths
-- Sq Ft
3.41 Acres

Last Sold April 02, 2018

Last sale price $2,794,000

Est. 108% increase in value since last sale

Current estimated payment $33,328/month

9 Days on Market

Highlights

  • Gated Community
  • 3.41 Acre Lot
  • Deck
  • Built-In Refrigerator
  • Mountain View
  • Vaulted Ceiling

About This Home

As of April 2018

A McKee Development Neighborhood - This extraordinary home is proudly poised on 3.5 acres inside award winning community and golf club, Wade Hampton. It boasts expansive views of Whiteside Mountain, Chimneytop Mountain and those in between. Designed by renowned architect Al Platt, this home offers exceptional attention to detail and quality, and offers both luxury and functionality. Each room in the house offers beautiful mountain views and the finest current finishes. The living room and Carolina porch are perfect for entertaining with a wonderful circular flow and large handsome fireplaces. The master bedroom, located on the main level, is large and luxurious with a large bright bathroom and separate walk in closets. Each of the 4 guest bedrooms is a large suite that will welcome your guests with warm bright ambiance and mountain views. One of the guest suites is located over the two car garage offering separate accommodations for guests who love privacy. The lower level is a playtime and fitness paradise with large family room complete with kitchenette, a well-appointed workout room and a bright art studio. The exterior of this home offers the ideal spaces for family, friends, and pets to play, with extensive hardscapes including cascading water feature, beautiful low maintenance landscaping, flat lawn area, and fire-pit. Don't miss this beauty!

Last Agent to Sell the Property

Elizabeth Harris

McKee Properties Brokerage Phone: 8287433411 License #215864 Listed on: 03/22/2018

Last Buyer's Agent

Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,403

Year Built

  • Built in 2013

Lot Details

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Frame Construction
  • Wood Roof
  • Metal Roof
  • Wood Siding
  • Concrete Siding

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Wired For Sound
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Screened Porch
  • Mountain Views
  • Home Security System
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Built-In Refrigerator
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Stone
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Finished Basement

  • Interior Basement Entry
  • Fireplace in Basement

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Deck
  • Outdoor Water Feature
  • Outdoor Fireplace
  • Fire Pit

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Private Water Source
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Tax Lot S-3
  • Assessor Parcel Number 7581-41-6451

Community Details

Overview

  • Property has a Home Owners Association
  • Wade Hampton Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,403

Year Built

Built in 2013

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.41
  • Road Surface Type: Paved
  • Subdivision Name: Wade Hampton
  • Directions: Hwy 107 South. Left into Wade Hampton (McKee Properties must notify gate attendant of your arrival prior to your arrival). Shorter travel time to this home if you use the back gate. From back gate: Proceed up hill on Cherokee Trace. Follow to 1618 on the left, two houses past Wild Azalea Trail.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2013
  • Attribution Contact: 8287433411
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Negotiable
  • Appliances: Built-In Refrigerator, Dryer, Dishwasher, Disposal, Gas Oven, Ice Maker, Microwave, Washer
  • Accessibility Features: Accessible Entrance
  • Has Basement: Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Basement, Living Room, Masonry, Outside, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Concrete, Stone, Tile, Wood
  • Interior Amenities: Wet Bar, Built-in Features, Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Jetted Tub, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Sound

Exterior Features

  • Lot Features: Other, Pond on Lot, Rolling Slope
  • View: Mountain(s)
  • View: Yes
  • Disclosures: Other
  • Construction Type: Frame, Concrete, Stone, Wood Siding
  • Exterior Features: Fire Pit, Garden, Gas Grill, Water Feature
  • Foundation Details: Poured
  • Patio And Porch Features: Rear Porch, Covered, Deck, Screened, Side Porch
  • Roof: Metal, Wood

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Two Car Garage, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Gated
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 148539.6
  • Parcel #: 7581-41-6451
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 12403.48
  • Tax Lot: S-3
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2018
Closed on
Mar 26, 2018
Sold by
Mason Thomas P
Bought by
Hull 2000 Lllp
Seller's Agent
Elizabeth Harris
McKee Properties
Buyer's Agent
Non Member
Non-Member Office
List Price
$3,500,000
Sold Price
$2,794,000
Premium/Discount to List
-$706,000
-20.17%
Current Estimated Value
$5,819,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,025,414
Avg. Annual Appreciation
6.39%

Purchase Details

Closed on
Feb 8, 2017
Sold by
Mason Holly H
Bought by
Mason Thomas P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,126,600
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 23, 2011
Sold by
Oehmig William C and Oehmig Alice
Bought by
Mason Thomas P and Mason Holly H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.24%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Hull 2000 Lllp $2,794,000 --
Mason Thomas P -- None Available
Mason Thomas P $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mason Thomas P $2,126,600
Previous Owner Mason Thomas P $2,200,000
Previous Owner Mason Thomas P $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2018 04/02/18 Sold $2,794,000 -20.2% --
03/23/2018 03/23/18 For Sale $3,500,000 -- --
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 $19,442 $5,116,339 $1,000,000 $4,116,339
2024 $10,699 $2,815,420 $500,000 $2,315,420
2023 $11,686 $2,815,420 $500,000 $2,315,420
2022 $11,686 $2,815,420 $500,000 $2,315,420
2021 $10,699 $2,815,420 $500,000 $2,315,420
2020 $11,212 $2,749,160 $500,000 $2,249,160
2019 $12,716 $3,121,910 $750,000 $2,371,910
2018 $12,716 $3,121,910 $750,000 $2,371,910
2017 $12,403 $3,121,910 $750,000 $2,371,910
2015 $11,605 $3,121,910 $750,000 $2,371,910
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Elizabeth Harris

    McKee Properties

    Section Image

  • N

    Buyer's Agent in 2018

    Non Member

    Non-Member Office

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 87833

APN: 7581-41-6451

North Carolina Jackson County Cashiers 28717 Sapphire

1618 Cherokee Trace, Cashiers, NC

This home is located at 1618 Cherokee Trace, Cashiers, NC 28717 since 22 March 2018 and is currently estimated at $6,219,937. This property was built in 2013. 1618 Cherokee Trace is a home located in Jackson County with nearby schools including Blue Ridge School, Smoky Mountain High School, and Summit Charter School.

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