NOT LISTED FOR SALE

186 Overlook Villas Dr Highlands, NC 28741

Estimated Value: $1,281,000 - $1,887,000

3 Beds
3.5 Baths
-- Sq Ft
0.33 Acres

Last Sold October 13, 2017

Last sale price $655,000

Est. 143% increase in value since last sale

Current estimated payment $9,349/month

144 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Community Lake
  • Fitness Center
  • Mountain View
  • Clubhouse

About This Home

As of October 2017

In demand Overlook Villa just became available. Home features Heart Pine wood floors, decks of both levels facing Black Rock Mountain and Horse Cove. Easy walking distance to the clubhouse, swimming pool, tennis, golf and activity center. Located half-way between Highlands and Cashiers, you can enjoy each community in a ten minute drive. Highlands is called the Aspen of the East with its award winning restaurants, spas, art galleries, world-class shopping, a famous regional art center called the Bascom, a Playhouse, a Performing Arts Center and numerous hiking trails and waterfalls.

Last Agent to Sell the Property

Josephine Lovell

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 04/25/2017

Highlands Sotheby's International Realty - DT

Last Buyer's Agent

CARL ROMBERG

Christie's International Real Estate Highlands-Cashiers License #289175

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,958

Year Built

  • Built in 2006

Lot Details

  • 0.33 Acre Lot
  • Lot Has A Rolling Slope

HOA Fees

  • $332 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Stone Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Mountain Views
  • Dryer
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source
  • Cable TV Available

Listing and Financial Details

  • Tax Lot OL #18
  • Assessor Parcel Number 7550-36-3493

Community Details

Overview

  • Cullasaja Club Subdivision
  • Community Lake

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,958

Year Built

Built in 2006

Lot Details

0

HOA Fees

$332 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.33
  • Road Surface Type: Paved
  • Subdivision Name: Cullasaja Club
  • Directions: From downtown Highlands, take Hwy 64E towards Cashiers. Turn right at Cullasaja Club entrance. Go past security gate and follow Cullasaja Club Drive past three stop signs. Turn left on to Overlook Villas Drive. 186 Overlook Villas Drive is at the end of the road on the left.
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2006
  • Attribution Contact: 8285268300
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Stone
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s)

Exterior Features

  • Lot Features: Rolling Slope
  • Pool Features: Community
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Deeded Access
  • Construction Type: Frame, Stone, Wood Siding
  • Exterior Features: None
  • Patio And Porch Features: Deck, Porch, Screened
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Gated, Lake, Pool, Putting Green, Tennis Court(s), Water Access
  • Association Fee: 3982.5
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 14374.8
  • Parcel #: 7550-36-3493
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 3958.03
  • Tax Lot: OL #18
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2017
Closed on
Oct 11, 2017
Sold by
Forrest Frank R and Forrest Rosalie T
Bought by
I W Land Partners Llc
Seller's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
Buyer's Agent
CARL ROMBERG
Christie's International Real Estate Highlands-Cashiers
List Price
$749,000
Sold Price
$655,000
Premium/Discount to List
-$94,000
-12.55%
Current Estimated Value
$1,589,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$934,272
Avg. Annual Appreciation
11.74%

Purchase Details

Closed on
Mar 24, 2006
Sold by
Johnson Chalres
Bought by
Register David
Source: Public Records

Range of Values:

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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
I W Land Partners Llc $655,000 None Available
Register David $16,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forrest Frank R $686,000
Previous Owner Forrest Frank R $681,830
Previous Owner Register Samuel David $780,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2017 10/13/17 Sold $655,000 -12.6% --
10/13/2017 10/13/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $749,000 -- --
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 $6,602 $1,737,326 $150,000 $1,587,326
2024 $2,654 $698,300 $100,000 $598,300
2023 $2,968 $698,300 $100,000 $598,300
2022 $2,968 $698,300 $100,000 $598,300
2021 $2,654 $698,300 $100,000 $598,300
2020 $2,865 $677,440 $100,000 $577,440
2019 $2,830 $677,440 $100,000 $577,440
2018 $2,830 $677,440 $100,000 $577,440
2017 $2,763 $677,440 $100,000 $577,440
2015 $2,973 $677,440 $100,000 $577,440
2011 -- $996,150 $100,000 $896,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 85809

APN: 7550-36-3493