NOT LISTED FOR SALE

237 Double Branch Trail Highlands, NC 28741

Estimated Value: $3,968,000 - $4,739,000

4 Beds
6 Baths
-- Sq Ft
2.34 Acres

Last Sold May 17, 2013

Last sale price $2,150,000

Est. 98% increase in value since last sale

Current estimated payment $23,803/month

28 Days on Market

Highlights

  • Gated Community
  • 2.34 Acre Lot
  • Vaulted Ceiling
  • Golf Course View
  • Deck
  • Wood Flooring

About This Home

As of May 2013

Live in the prestigious 24 hour guarded-gated community of Old Edwards Club at the Cove. This 4 bedroom home has incredible long range views. Quality construction, designer touches throughout: red oak floors, Viking appliances, Custom Cabinets, stone counter-tops throughout the home, ceramic tile and slate floors in showers, wine closet on terrace level, all this and 4 stone fireplaces.

Last Agent to Sell the Property

Pat Allen

Allen Tate/Pat Allen Realty Group Brokerage Phone: 8285268784 Listed on: 03/22/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,525

Year Built

  • Built in 2005

Lot Details

  • 2.34

HOA Fees

  • $256 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Property Views

  • Golf Course
  • Mountain

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Wet Bar
  • Central Vacuum
  • Wired For Sound
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Screened Porch
  • Crawl Space
  • Home Security System
  • Dryer

Kitchen

  • Double Convection Oven
  • Propane Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Utilities

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

Additional Features

  • Deck
  • 2.34 Acre Lot

Listing and Financial Details

  • Tax Lot 74,75,76
  • Assessor Parcel Number 7551-67-7136

Community Details

Overview

  • Highlands Cove Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,525

Year Built

Built in 2005

Lot Details

0

HOA Fees

$256 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.34
  • Road Surface Type: Paved
  • Subdivision Name: Highlands Cove
  • Directions: HWY 64 to Old Edwards Club at Highlands Cove. Drive past the Guard shack stay on Highlands Cove Drive to Broadview Drive - take a left on Double Branch Road - house is on the left.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 2005
  • Attribution Contact: 8285268784
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Convection Oven, Double Oven, Dryer, Dishwasher, Exhaust Fan, Electric Oven, Disposal, Ice Maker, Microwave, Propane Cooktop, Refrigerator, Wine Cooler, Warming Drawer, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Wet Bar, Built-in Features, Ceiling Fan(s), Central Vacuum, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Sound

Exterior Features

  • Lot Features: Level
  • View: Golf Course, Mountain(s)
  • View: Yes
  • Construction Type: Frame, Stone, Wood Siding
  • Exterior Features: Satellite Dish
  • Patio And Porch Features: Covered, Deck, Porch, Screened
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Security: Security System
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas, Heat Pump
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 3075.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 101930.4
  • Parcel #: 7551-67-7136
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 7524.8
  • Tax Lot: 74,75,76
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2013
Closed on
May 9, 2013
Sold by
Sykes John H and Sykes Susan W
Bought by
Creel Michael A and Creel Kathy R
Seller's Agent
Pat Allen
Allen Tate/Pat Allen Realty Group
List Price
$2,295,000
Sold Price
$2,150,000
Premium/Discount to List
-$145,000
-6.32%
Current Estimated Value
$4,259,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,109,367
Avg. Annual Appreciation
5.64%

Purchase Details

Closed on
Aug 10, 2005
Sold by
Koenig Enterprises Inc
Bought by
Sykes John H and Sykes Susan W
Source: Public Records

Range of Values:

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Average Value
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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
Creel Michael A $2,150,000 None Available
Sykes John H $2,257,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2013 05/17/13 Sold $2,150,000 -6.3% --
05/02/2013 05/02/13 Pending -- -- --
04/03/2013 04/03/13 For Sale $2,295,000 -- --
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 $14,501 $3,815,937 $550,000 $3,265,937
2024 $9,238 $2,430,980 $550,000 $1,880,980
2023 $9,238 $2,430,980 $550,000 $1,880,980
2022 $9,238 $2,430,980 $550,000 $1,880,980
2021 $9,238 $2,430,980 $550,000 $1,880,980
2020 $8,497 $2,080,910 $550,000 $1,530,910
2019 $8,497 $2,080,910 $550,000 $1,530,910
2018 $8,497 $2,080,910 $550,000 $1,530,910
2017 $8,289 $2,080,910 $550,000 $1,530,910
2015 $8,002 $2,080,910 $550,000 $1,530,910
2011 -- $2,649,930 $550,000 $2,099,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 76844

APN: 7551-67-7136