NOT LISTED FOR SALE

26 Cherry Tree Ln Highlands, NC 28741

Estimated Value: $2,584,000 - $3,704,000

4 Beds
4 Baths
2,754 Sq Ft
$1,166/Sq Ft Est. Value

Last Sold March 16, 2020

Last sale price $1,550,000 $563 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $17,725/month

Highlights

  • Lake Front
  • Golf Course Community
  • Gated Community
  • Docks
  • Fitness Center
  • Built-In Refrigerator

About This Home

As of March 2020

Looking for something special? This is it! Amazing views of Lake Ravenel can be enjoyed both inside and out. This sophisticated and comfortable home is rare to find on a flat lot in the mountains.

Last Agent to Sell the Property

Josephine Lovell

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 03/02/2020

Highlands Sotheby's International Realty - DT

Last Buyer's Agent

Josephine Lovell

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 03/02/2020

Highlands Sotheby's International Realty - DT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,184

Year Built

  • Built in 1999

Lot Details

  • 0.6 Acre Lot
  • Lake Front

HOA Fees

  • $448 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Stone Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Workshop
  • Lake Views
  • Crawl Space
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Propane Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Outdoor Features

  • Docks
  • Deck
  • Porch

Utilities

  • Central Air
  • Heating Available
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 7551512890

Community Details

Overview

  • Cullasaja Club Subdivision
  • Community Lake

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,184

Year Built

Built in 1999

Lot Details

0.6 Acres

HOA Fees

$448 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.6
  • 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 over bridge. Turn left on to Cherry Tree Lane - 26 Cherry Tree Lane is the first home on the left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1999
  • Attribution Contact: 8285268300
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Negotiable
  • Appliances: Built-In Refrigerator, Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Propane Cooktop, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Stone
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, Jetted Tub, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s), Workshop
  • Window Features: Skylight(s), Window Treatments

Exterior Features

  • Lot Features: Level
  • Pool Features: Community
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Deeded Access
  • Construction Type: Frame, Stone, Wood Siding
  • Exterior Features: Dock
  • Other Structures: Workshop
  • Patio And Porch Features: Rear Porch, Deck, Front Porch, Porch
  • Roof: Wood

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Garage, Two Car Garage, Paved

Utilities

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

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Gated, Lake, Playground, Pool, Putting Green, Tennis Court(s), Water Access
  • Association Fee: 5380.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 26136.0
  • Parcel #: 7551512890
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 5184.45
  • Tax Lot: 5
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
Mar 12, 2020
Sold by
Shuford James E and Shuford Arlene B
Bought by
Moore James H and Moore Evanda G
Seller's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
Buyer's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
List Price
$1,595,000
Sold Price
$1,550,000
Premium/Discount to List
-$45,000
-2.82%
Current Estimated Value
$3,211,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,661,435
Avg. Annual Appreciation
12.89%

Purchase Details

Closed on
Dec 1, 2010
Sold by
Kinsella James J
Bought by
Shuford James E and Shuford Arlene B

Purchase Details

Closed on
Apr 21, 2009
Sold by
Montgomery Kerry T and Kinsella Terry T
Bought by
Kinsella James J

Purchase Details

Closed on
Sep 2, 2005
Sold by
Procopio Louella L and Procopio Frank
Bought by
Kinsella James J and Montgomery Kerry T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
5.78%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Moore James H $15,500 None Available
Shuford James E $1,200,000 None Available
Kinsella James J -- None Available
Kinsella James J $1,400,000 None Available
Kinsella James J $1,400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kinsella James J $980,000
Previous Owner Kinsella James J $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2020 03/16/20 Sold $1,550,000 -2.8% $563 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $1,595,000 -- $579 / Sq Ft
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 $6,803 $2,311,560 $450,000 $1,861,560
2024 $6,803 $2,311,560 $450,000 $1,861,560
2023 $5,617 $2,311,560 $450,000 $1,861,560
2022 $5,617 $1,281,060 $450,000 $831,060
2021 $5,617 $1,281,060 $450,000 $831,060
2020 $5,292 $1,281,060 $450,000 $831,060
2018 $4,617 $1,256,820 $500,000 $756,820
2017 $4,617 $1,256,820 $500,000 $756,820
2016 $4,617 $1,256,820 $500,000 $756,820
2015 $4,594 $1,256,820 $500,000 $756,820
2014 $4,243 $1,448,200 $510,840 $937,360
2013 -- $1,448,200 $510,840 $937,360
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Josephine Lovell

    Highlands Sotheby's International Realty - DT

    (828) 226-6303

    122 in this area

    153 Total Sales

    Josephine Lovell
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 93041

APN: 7551512890

North Carolina Macon County Highlands 28741

26 Cherry Tree Ln, Highlands, NC

Not Listed for Sale

Detached

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