NOT LISTED FOR SALE

1656 Big Bear Pen Rd Highlands, NC 28741

Highlands Area

Estimated Value: $3,312,531

3 Beds
5 Baths
2,574 Sq Ft
$1,287/Sq Ft Est. Value

Sale Details

Date Sold: March 6, 2020

Last sale price $1,575,000 $612 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $19,070 / mo

28 Days on Market

Highlights

  • Built-In Refrigerator
  • Deck
  • Wood Flooring
  • Mountain View
  • Vaulted Ceiling
  • Outdoor Water Feature

About This Home

As of March 2020

What kind of house can measure up to such a spectacular view of Whiteside Mountain on a flat estate with a croquet lawn? To borrow from Walt Whitman: "When the materials are all prepared and ready, the architects appear." This architectural masterpiece was remodeled by Thomas Craig adding a Grand Salon that befits Beauty and the Beast dancing the waltz! Angled toward Whiteside Mountain, the house communes with nature. Its rich paneling and moldings have a warmth that invites one to appreciate all the architectural specialties including antique doors from France and antique stone fireplaces from Europe. The kitchen is large and lively leading to the aristocratic dining room which opens to the porch gazing at Whiteside Mountain. The master and luxurious master bath with specialty tiles are on the main level with a cozy study. Two bedrooms on the upper level share a bath with a museum room dedicated to World War II. The lower level has a large bonus room with gas fireplace that is used for sleeping with a full bath. A two-car garage is attached as well as a porte-cochere. A darling playhouse is in the corner of the lawn for the little ones' imagination. The croquet lawn sits politely beside the drive. Big Bearpen is an extremely popular community with easy access to Greenway Trail and Kelsey Trail. This is the crown jewel of Big Bear Pen!!

Last Agent to Sell the Property

Josephine Lovell

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 License #197852 Listed on: 12/26/2019

Highlands Sotheby's International Realty - DT

Last Buyer's Agent

Mitzi Rauers

Berkshire Hathaway HomeServices Meadows Mountain Realty License #281469

Berkshire Hathaway HomeServices Meadows Mountain Realty
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,776

Year Built

  • Built in 1982

Lot Details

  • 33,541 Sq Ft Lot
  • Garden

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 1 Carport Space
  • Circular Driveway

Home Design

  • Frame Construction
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Partially Furnished
  • Wired For Sound
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Stone Fireplace
  • Fireplace Features Masonry
  • Window Treatments
  • Living Room with Fireplace
  • Workshop
  • Screened Porch
  • Mountain Views
  • Home Security System

Kitchen

  • Breakfast Bar
  • Propane Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Built-In Refrigerator
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Basement

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

Outdoor Features

  • Deck
  • Patio
  • Outdoor Water Feature

Location

  • City Lot

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Community Details

  • Big Bear Pen Subdivision

Listing and Financial Details

  • Tax Lot 24/25/pt 35
  • Assessor Parcel Number 7540843177

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,776

Year Built

Built in 1982

Lot Details

0.77 Acres

HOA Fees

$83 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.77
  • Subdivision Name: Big Bear Pen
  • Directions: From Highlands take Cashiers Road, then right on Chestnut Street, through stop sign, bear left up Big Bear Pen continue past Upper Lake, bear right at first hairpin to top. House at fork.
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1982
  • Attribution Contact: 8285268300
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Partially
  • Appliances: Built-In Refrigerator, Dishwasher, Exhaust Fan, Electric Oven, Freezer, Disposal, Ice Maker, Microwave, Propane Cooktop, Wine Cooler, Warming Drawer
  • Has Basement: Crawl Space, Exterior Entry, Concrete, Walk-Out Access
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Starter, Living Room, Masonry, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Wet Bar, Breakfast Bar, Built-in Features, Ceiling Fan(s), Jetted Tub, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s), Workshop, Wired for Sound
  • Window Features: Skylight(s), Window Treatments

Exterior Features

  • Lot Features: Level, City Lot
  • View: Mountain(s), Rocks
  • View: Yes
  • Construction Type: Frame, Stone, Wood Siding
  • Exterior Features: Garden, Satellite Dish, Water Feature
  • Foundation Details: Block, Poured
  • Patio And Porch Features: Rear Porch, Deck, Front Porch, Patio, Porch, Screened
  • Roof: Wood

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Circular Driveway, Carport, Garage, Two Car Garage, Gravel

Utilities

  • Security: Security System
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Gas, Geothermal
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Septic Tank
  • Utilities: Satellite Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None, Trails/Paths
  • Association Fee: 990.0
  • Association Fee Frequency: Annually
  • Association: No

Lot Info

  • Lot Size Sq Ft: 33541.2
  • Parcel #: 7540843177
  • Zoning Description: Residential

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 7775.53
  • Tax Lot: 24/25/pt 35
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2019
Closed on
Feb 28, 2020
Sold by
Bought by
Seller's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
Buyer's Agent
Mitzi Rauers
Berkshire Hathaway HomeServices Meadows Mountain Realty
List Price
$1,495,000
Sold Price
$1,575,000
Premium/Discount to List
$80,000
5.35%
Current Estimated Value
$3,312,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,737,531
Avg. Annual Appreciation
12.18%
Original Mortgage
$600,000
Outstanding Balance
$510,911
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$2,801,620

Purchase Details

Closed on
Apr 1, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,575,000 None Available
$454,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $600,000
Previous Owner $100,000
Previous Owner $100,000
Previous Owner $977,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/06/2020 03/06/20 Sold $1,575,000 +5.4% $612 / Sq Ft
01/25/2020 01/25/20 Pending -- -- --
12/27/2019 12/27/19 For Sale $1,495,000 -- $581 / Sq Ft
Source: Highlands-Cashiers Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,791 $2,471,490 $400,000 $2,071,490
2025 $9,791 $2,471,490 $400,000 $2,071,490
2024 $9,791 $2,471,490 $400,000 $2,071,490
2023 $8,135 $2,170,860 $400,000 $1,770,860
2022 $8,135 $1,368,590 $400,000 $968,590
2021 $8,135 $1,368,590 $400,000 $968,590
2020 $7,789 $1,368,590 $400,000 $968,590
2018 $6,674 $1,255,970 $381,210 $874,760
2017 $6,674 $1,255,970 $381,210 $874,760
2016 $6,674 $1,255,970 $381,210 $874,760
2015 -- $1,255,970 $381,210 $874,760
2014 $5,996 $1,352,520 $467,870 $884,650
2013 -- $1,352,520 $467,870 $884,650
Source: Public Records

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 92593

APN: 7540843177

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