NOT LISTED FOR SALE

189 Cowee Gap Ln Highlands, NC 28741

Estimated Value: $1,731,000 - $1,992,000

5 Beds
4 Baths
-- Sq Ft
2.7 Acres

Last Sold May 12, 2017

Last sale price $1,500,000

Est. 24% increase in value since last sale

Current estimated payment $10,251/month

5 Days on Market

Highlights

  • 2.7 Acre Lot
  • Wood Flooring
  • Screened Porch
  • Wood Burning Stove
  • No HOA
  • Workshop

About This Home

As of May 2017

Family estate with guest house, bunkhouse and potting shed. Sited on the Eastern Continental Divide, you can have a long range view as well as the Whiteside Mountain Bear Shadow view.

Last Agent to Sell the Property

Josephine Lovell

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 03/09/2017

Highlands Sotheby's International Realty - DT

Last Buyer's Agent

Josephine Lovell

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 03/09/2017

Highlands Sotheby's International Realty - DT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,296

Year Built

  • Built in 1972

Lot Details

  • 2.7 Acre Lot
  • Cleared Lot
  • Garden

Parking

  • 3 Car Detached Garage

Home Design

  • Shingle Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Window Treatments
  • Workshop
  • Screened Porch
  • Home Security System
  • Basement

Kitchen

  • Breakfast Bar
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Shared Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7551946804

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,296

Year Built

Built in 1972

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.7
  • Subdivision Name: None
  • Directions: Go 64 East past Roman's Roofing on left and the next road is Cowee Gap Lane. Proceed to 189.
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1972
  • Attribution Contact: 8285268300
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Cooktop, Exhaust Fan, Gas Oven, Microwave, Refrigerator, Wine Cooler, Humidifier
  • Has Basement: Concrete
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Den, Masonry, Wood Burning, Wood BurningStove
  • Fireplace: Yes
  • Flooring: Stone, Tile, Wood
  • Interior Amenities: Breakfast Bar, Built-in Features, Separate/Formal Dining Room, Kitchen Island, Workshop
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Cleared
  • Construction Type: Stone, Wood Siding
  • Exterior Features: Garden
  • Foundation Details: Block
  • Other Structures: Residence
  • Patio And Porch Features: Screened
  • Roof: Metal, Shingle

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage, Three Car Garage, Gravel

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Gas, Heat Pump
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Septic Tank
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Trails/Paths
  • Association: No

Lot Info

  • Lot Size Sq Ft: 117612.0
  • Parcel #: 7551946804
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 4295.8
  • Tax Lot: NA
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2017
Closed on
May 11, 2017
Sold by
Shaffner Margaret
Bought by
Razorback Holdings Llc
Seller's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
Buyer's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
List Price
$1,690,000
Sold Price
$1,500,000
Premium/Discount to List
-$190,000
-11.24%
Current Estimated Value
$1,861,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,500
Avg. Annual Appreciation
2.58%
Original Mortgage
$1,200,000
Outstanding Balance
$235,408
Interest Rate
4.08%
Mortgage Type
Unknown
Estimated Equity
$1,626,093

Purchase Details

Listed on
Mar 9, 2017
Closed on
May 5, 2017
Sold by
Shaffner Margaret R
Bought by
Shaffner Randolph and Shaffner Margaret R
Seller's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
Buyer's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
List Price
$1,690,000
Sold Price
$1,500,000
Premium/Discount to List
-$190,000
-11.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$235,408
Interest Rate
4.08%
Mortgage Type
Unknown
Estimated Equity
$1,626,093
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
Razorback Holdings Llc $750,000 None Available
Shaffner Randolph -- None Available
Shaffner Margaret R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Razorback Holdings Llc $1,200,000
Closed Razorback Holdings Llc $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2017 05/12/17 Sold $1,500,000 -11.2% --
05/05/2017 05/05/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $1,690,000 -- --
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 $5,854 $1,540,541 $350,000 $1,190,541
2024 $2,803 $737,680 $98,780 $638,900
2023 $3,129 $737,680 $98,780 $638,900
2022 $347 $85,120 $85,120 $0
2021 $323 $85,120 $85,120 $0
2020 $165 $40,200 $40,200 $0
2019 $163 $40,200 $40,200 $0
2018 $163 $40,200 $40,200 $0
2017 $159 $40,200 $40,200 $0
2015 $155 $40,200 $40,200 $0
2011 -- $53,600 $53,600 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Josephine Lovell

    Highlands Sotheby's International Realty - DT

    (828) 226-6303

    14 in this area

    157 Total Sales

    Josephine Lovell
    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 85929

APN: 7551-94-6766

North Carolina Jackson County Highlands 28717

189 Cowee Gap Ln, Highlands, NC

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