NOT LISTED FOR SALE

261 Satulah Ridge Rd Highlands, NC 28741

Estimated Value: $1,249,000 - $1,517,264

3 Beds
3.5 Baths
386 Sq Ft
$3,647/Sq Ft Est. Value

Last Sold August 06, 2014

Last sale price $405,000 $1,049 Per Sq Ft

Est. 248% increase in value since last sale

Current estimated payment $7,712/month

248 Days on Market

Highlights

  • Mountain View
  • Wood Burning Stove
  • Wood Flooring
  • Deck
  • Vaulted Ceiling
  • No HOA

About This Home

As of August 2014

Unique property located in downtown Highlands! Three separate cottages for independant living/rentals or family compound. Newly appointed with hardwoods, kitchens, granite, updated baths and fireplaces or wood stove. Each unit is done differently in luxury style! Rent 2 and live in the main cottage or enjoy family gatherings in the GREAT outdoor porch complete with large fireplace and television for watching football games or entertaining friends! You will love this scenario of separate living and walk to town location! Unbelievable price for 3 units or a family compound. Quality construction throughout.This is a must see property.Furnishings are negotiable.

Last Agent to Sell the Property

Pat Allen

Allen Tate/Pat Allen Realty Group Brokerage Phone: 8285268784 Listed on: 11/05/2013

Co-Listed By

Julie Osborn

Allen Tate/Pat Allen Realty Group Brokerage Phone: 8285268784

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $618

Year Built

  • Built in 2013

Lot Details

  • 0.44 Acre Lot
  • Lot Has A Rolling Slope
  • Garden

Home Design

  • Shingle Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Workshop
  • Screened Porch
  • Mountain Views
  • Basement
  • Crawl Space
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Zoned Heating and Cooling System
  • Space Heater
  • Heat Pump System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Satulah Ridge Subdivision

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 7449670151

Home Details

Home Type

Single Family

Est. Annual Taxes

$618

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.44
  • Co List Office Mls Id: 214
  • Co List Office Phone: 828-526-8784
  • Subdivision Name: Satulah Ridge
  • Directions: Go Main Street past Mountain Fresh Grocery.Turn R onto Leonard Road. Turn slight L onto Wilson Road. Take the 2nd L onto Satulah Ridge Rd. Home will be on R.
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2013
  • Attribution Contact: 8285268784
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Freezer, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space, Concrete
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Starter, Living Room, Other, Wood Burning, Wood BurningStove
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile, Wood
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Jetted Tub, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Workshop
  • Window Features: Skylight(s)

Exterior Features

  • Lot Features: Level, Rolling Slope
  • View: Mountain(s)
  • View: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Balcony, Garden, Breezeway
  • Other Structures: Workshop
  • Patio And Porch Features: Covered, Deck, Enclosed, Porch, Screened, Side Porch, Balcony
  • Roof: Metal, Shingle

Garage/Parking

  • Parking Features: Paved, Parking Lot

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Other, Wall Unit(s), Zoned
  • Cooling Y N: Yes
  • Heating: Gas, Heat Pump, Other, Space Heater, See Remarks, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 19166.4
  • Parcel #: 7449670151
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 617.62
  • Tax Lot: 28
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2013
Closed on
Aug 6, 2014
Sold by
Cole Scott and Cole Sheila A
Bought by
Tri Real Estate North Carolina Llc
Seller's Agent
Pat Allen
Allen Tate/Pat Allen Realty Group
List Price
$435,000
Sold Price
$405,000
Premium/Discount to List
-$30,000
-6.9%
Current Estimated Value
$1,407,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,002,816
Avg. Annual Appreciation
11.72%
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
Tri Real Estate North Carolina Llc $405,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2014 08/06/14 Sold $405,000 -6.9% $1,049 / Sq Ft
08/01/2014 08/01/14 Pending -- -- --
11/05/2013 11/05/13 For Sale $435,000 -- $1,127 / Sq Ft
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 $4,110 $1,019,660 $130,680 $888,980
2024 $4,110 $1,019,660 $130,680 $888,980
2023 $3,711 $1,019,660 $130,680 $888,980
2022 $3,711 $614,250 $73,180 $541,070
2021 $3,711 $614,250 $73,180 $541,070
2020 $3,555 $614,250 $73,180 $541,070
2018 $2,820 $520,300 $77,440 $442,860
2017 -- $520,300 $77,440 $442,860
2016 $3,067 $567,300 $77,440 $489,860
2015 -- $567,300 $77,440 $489,860
2014 $2,516 $558,010 $111,510 $446,500
2013 -- $146,010 $111,510 $34,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 78461

APN: 7449670151