NOT LISTED FOR SALE

196 Lake Villas Way Highlands, NC 28741

Estimated Value: $2,205,430 - $2,725,000

4 Beds
3.5 Baths
-- Sq Ft
16,117 Sq Ft Lot

Last Sold November 13, 2015

Last sale price $600,000

Est. 303% increase in value since last sale

Current estimated payment $13,211/month

492 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Spa
  • Docks
  • Fitness Center
  • Gated Community

About This Home

As of November 2015

This wonderful Lake Villa features outstanding views of the Lake Ravenel and the Cullasaja Club 13th fairway across from the lake. Master on main with sitting room, two guest bedrooms upstairs, a guest suite above the garage, granite kitchen countertops and your own private boat dock are just a few of the features of this outstanding villa. The dining area opens to an enclosed porch which is perfect for taking in the peaceful surrounds.

Last Agent to Sell the Property

Josephine Lovell

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 06/21/2014

Highlands Sotheby's International Realty - DT

Last Buyer's Agent

Kyle McKim

Weichert Realtors Highland Properties

Weichert Realtors Highland Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,598

Year Built

  • Built in 1998

Lot Details

  • 0.37 Acre Lot
  • Lake Front

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Lake
  • Golf Course

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
  • Crawl Space
  • Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Spa
  • Docks
  • Deck

Utilities

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

Listing and Financial Details

  • Tax Lot LV #01
  • Assessor Parcel Number 7551615121

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

$2,598

Year Built

Built in 1998

Lot Details

0.37 Acres

HOA Fees

$300 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.37
  • Road Surface Type: Paved
  • Water Body Name: Lake Ravenel
  • 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 to second stop sign. Turn left on to Garnet Rock Trail and then left on to Lake Villas Way. 196 Lake Villas Way is on the left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1998
  • Attribution Contact: 8285268300
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Oven, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Stone
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Walk-In Closet(s)

Exterior Features

  • Lot Features: Level
  • Pool Features: Community
  • View: Golf Course, Lake
  • View: Yes
  • Waterfront Features: Lake, Deeded Access
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Dock
  • Patio And Porch Features: Deck, Porch, Screened
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: 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: 3600.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 16117.2
  • Parcel #: 7551615121
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 2598.22
  • Tax Lot: LV #01
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2021
Sold by
Hempen Rodney Lee and Hempen Deborah S
Bought by
192 Lake Villas Way Llc
Current Estimated Value
$2,415,358

Purchase Details

Closed on
Oct 8, 2003
Sold by
Lovell Jerry
Bought by
Toole, Jay E
Source: Public Records
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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
192 Lake Villas Way Llc $1,450,000 None Available
Toole, Jay E $650,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2015 11/13/15 Sold $600,000 -19.9% --
10/27/2015 10/27/15 Pending -- -- --
06/21/2014 06/21/14 For Sale $749,000 -- --
Source: Highlands-Cashiers Board of REALTORS®

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 $4,125 $1,385,440 $250,000 $1,135,440
2024 $4,125 $1,385,440 $250,000 $1,135,440
2023 $2,798 $1,385,440 $250,000 $1,135,440
2022 $2,798 $625,490 $150,000 $475,490
2021 $2,798 $625,490 $150,000 $475,490
2020 $2,639 $625,490 $150,000 $475,490
2018 $2,888 $776,280 $300,000 $476,280
2017 $0 $776,280 $300,000 $476,280
2016 $2,888 $776,280 $300,000 $476,280
2015 $2,865 $776,280 $300,000 $476,280
2014 $2,598 $877,160 $300,000 $577,160
2013 -- $877,160 $300,000 $577,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 79833

APN: 7551615121

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