NOT LISTED FOR SALE

265 Chestnut Ridge Rd Highlands, NC 28741

Estimated Value: $748,000 - $1,221,000

3 Beds
3 Baths
664 Sq Ft
$1,377/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2020

Last sale price $430,000 $648 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $5,102 / mo

14 Days on Market

Highlights

  • Mountain View
  • Vaulted Ceiling
  • Furnished
  • Deck
  • Wood Flooring
  • Screened Porch

About This Home

As of March 2020

"Horse Cove is a magical Highlands neighborhood located 3 miles/7 mins from the hustle & bustle of Main St. but has maintained a charm that can only be found in a genuine mountain neighborhood that has been developed over decades rather than on a developer's drafting table".Serenity and tranquility await in this well-maintained home surrounded by a rhododendron forest visible from a large deck beckoning you to sit and relax and take in the ridge line mountain view. Located in one of the prettiest areas of Highlands surrounded by horse farms, farmhouses, and a rock-face mountain-Horse Cove has little traffic and only sounds of birds chirping in the day and katydids as night falls. Walk into this lovely home with a great room with vaulted ceilings, hardwood floors and a large wood-burning stone fireplace that is open to the dining room and kitchen. An addition created a huge "bunk room" that could sleep 8 easily and a separate entry door and private bath ...this would make this home a great rental! A lovely screened porch complete with TV allows you to enjoy games while enjoying cool mountain air. The master bedroom is spacious and opens onto the porch. Upstairs is an office/den area and a guest room and bath. The garage area is heated and allows for lots of storage space. The home is encapsulated and is meticulously maintained! There is gated access to the homes in this lovely area. Just a short drive to downtown Highlands with award-winning restaurants, great shopping, playhouses, concerts, waterfalls, mountain views, and hiking galore! After all a change of scenery is always good and we have the best!

Last Agent to Sell the Property

Pat Allen

Pat Allen Realty Group Brokerage Phone: 8285268784 License #224082 Listed on: 02/10/2020

Co-Listed By

Julie Osborn

Pat Allen Realty Group Brokerage Phone: 8285268784 License #277868

Last Buyer's Agent

Mary Abranyi

Berkshire Hathaway HomeServices Meadows Mountain Realty - HF License #216995

Berkshire Hathaway HomeServices Meadows Mountain Realty - HF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,222

Year Built

  • Built in 1990

Lot Details

  • 1 Acre Lot
  • Fenced
  • Lot Has A Rolling Slope

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Mountain Views
  • Dryer

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • Rustic Falls Subdivision

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 7459546247

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,222

Year Built

Built in 1990

Lot Details

1 Acres

HOA Fees

$35 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Road Surface Type: Gravel, Paved
  • Co List Office Mls Id: 214
  • Co List Office Phone: 828-526-8784
  • Subdivision Name: Rustic Falls
  • Directions: From Main Street Highlands take Horse Cove Road approximately 4 miles. Turn Right onto Walkingstick Road then turn Left on Chestnut Ridge Road. Proceed through gate approximately .3 miles to house on right.
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1990
  • Attribution Contact: 8285268784
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Gas Oven, Microwave, Refrigerator, Washer
  • Has Basement: Exterior Entry, Encapsulated, Full, Interior Entry, Other, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter, Living Room, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Skylight(s)

Exterior Features

  • Fencing: Fenced
  • Lot Features: Rolling Slope
  • View: Mountain(s)
  • View: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Satellite Dish
  • Patio And Porch Features: Rear Porch, Deck, Porch, Screened, Side Porch
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Other, See Remarks
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Trails/Paths
  • Association Fee: 425.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 7459546247

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 1221.6
  • Tax Lot: 32
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2020
Closed on
Mar 24, 2020
Sold by
Bought by
Seller's Agent
Pat Allen
Pat Allen Realty Group
Buyer's Agent
Mary Abranyi
Berkshire Hathaway HomeServices Meadows Mountain Realty - HF
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%
Current Estimated Value
$914,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$484,550
Avg. Annual Appreciation
12.77%
Original Mortgage
$344,000
Outstanding Balance
$304,080
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$610,470

Purchase Details

Closed on
Oct 20, 2004
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$430,000 None Available
$365,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $344,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/31/2020 03/31/20 Sold $430,000 -4.4% $648 / Sq Ft
02/25/2020 02/25/20 Pending -- -- --
02/10/2020 02/10/20 For Sale $450,000 -- $678 / Sq Ft
Source: Highlands-Cashiers Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,876 $607,480 $74,390 $533,090
2024 $1,876 $607,480 $74,390 $533,090
2023 $1,307 $607,480 $74,390 $533,090
2022 $1,307 $278,810 $42,930 $235,880
2021 $1,307 $278,810 $42,930 $235,880
2020 $1,236 $278,810 $42,930 $235,880
2018 $1,018 $256,470 $42,000 $214,470
2017 $1,018 $256,470 $42,000 $214,470
2016 $1,018 $256,470 $42,000 $214,470
2015 $995 $256,470 $42,000 $214,470
2014 $1,494 $493,910 $89,250 $404,660
2013 -- $493,910 $89,250 $404,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 92875

APN: 7459546247

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