NOT LISTED FOR SALE

275 Upper Lake Rd Highlands, NC 28741

Estimated Value: $2,022,000 - $2,648,000

3 Beds
3.5 Baths
-- Sq Ft
0.77 Acres

Last Sold October 02, 2020

Last sale price $1,350,000

Est. 69% increase in value since last sale

Current estimated payment $12,978/month

Highlights

  • Lake Front
  • Community Lake
  • Spring on Lot
  • Home fronts a pond
  • Deck
  • Wooded Lot

About This Home

As of October 2020

This beautiful one and a half story stone English cottage with exquisite landscaping is a perfect get a way for your family. The home has brick floors upon entering and wide plank heart pine floors throughout. The master is on the main with a beautiful bath adjoining. A screened porch and open deck covers the back of the home and overlooks a forest of rhododendron leading to the lake with a wonderful stone setting by the water. The kitchen is a gourmet's dream with everything you would want to prepare a feast for your entire family. Upstairs are two large bedrooms with two full bath and a bonus room.

Last Agent to Sell the Property

Scott Poss

Poss Realty Group - Scaly Brokerage Phone: 8285260021 Listed on: 08/29/2020

Last Buyer's Agent

Julie Osborn

Allen Tate/Pat Allen Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,822

Year Built

  • Built in 1996

Lot Details

  • 0.77 Acre Lot
  • Home fronts a pond
  • Home fronts a stream
  • Lake Front
  • Lot Has A Rolling Slope
  • Wooded Lot

Property Views

  • Lake
  • Pond
  • Woods

Home Design

  • Wood Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Furnished or left unfurnished upon request
  • Wired For Sound
  • Built-In Features
  • Ceiling Fan
  • Stone Fireplace
  • Fireplace Features Masonry
  • Window Treatments
  • Living Room with Fireplace
  • Screened Porch
  • Wood Flooring

Kitchen

  • Propane Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Spring on Lot
  • Deck
  • Outdoor Water Feature
  • Fire Pit

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

  • Property has a Home Owners Association
  • Rhododendron Trail Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 7540822322

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,822

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.77
  • Road Surface Type: Gravel
  • Water Body Name: Laurel Lake
  • Subdivision Name: Rhododendron Trail
  • Directions: From Highlands Main Street, take left on 4th St to Stop Sign at end, take right on Chestnut then left on Big Bear Pen to Upper Lake Road then left at fork on Upper Lake to property on right
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1996
  • Attribution Contact: 8285260021
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Negotiable
  • Appliances: Built-In Oven, Dishwasher, Exhaust Fan, Microwave, Propane Cooktop, Refrigerator
  • Has Basement: Crawl Space, Exterior Entry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Masonry, Stone
  • Fireplace: Yes
  • Flooring: Brick, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Pantry, Walk-In Closet(s), Wired for Sound
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Pond on Lot, Rolling Slope, Spring, Wooded
  • View: Lake, Pond, Trees/Woods
  • View: Yes
  • Waterfront Features: Lake, Pond, Stream
  • Construction Type: Stone, Wood Siding
  • Exterior Features: Fire Pit, Water Feature
  • Foundation Details: Poured
  • Patio And Porch Features: Deck, Porch, Screened
  • Roof: Wood

Garage/Parking

  • Parking Features: Gravel, None

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 33541.2
  • Parcel #: 7540822322
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 5821.63
  • Tax Lot: 28
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2020
Closed on
Sep 24, 2020
Sold by
Gardner Louise P and Gardner Robert E
Bought by
Chilson Greg E and Chilson Andrea Monette
Seller's Agent
Scott Poss
Poss Realty Group - Scaly
Buyer's Agent
Julie Osborn
Allen Tate/Pat Allen Realty Group
List Price
$1,250,000
Sold Price
$1,350,000
Premium/Discount to List
$100,000
8%
Current Estimated Value
$2,277,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$927,841
Avg. Annual Appreciation
11.27%

Purchase Details

Closed on
Aug 17, 2018
Sold by
Armstrong Jeanne T and Seals Marvin
Bought by
Gardner Louise P

Purchase Details

Closed on
Sep 15, 2003
Sold by
Armstrong Jeanne T
Bought by
Armstrong Jeanne T
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
Chilson Greg E $1,350,000 None Available
Gardner Louise P $1,050,000 None Available
Armstrong Jeanne T -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $1,350,000 +8.0% --
09/17/2020 09/17/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $1,250,000 -- --
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
2024 $6,804 $1,708,130 $402,520 $1,305,610
2023 $6,792 $1,708,130 $402,520 $1,305,610
2022 $6,079 $1,018,110 $400,000 $618,110
2021 $6,079 $1,018,110 $400,000 $618,110
2020 $5,822 $1,018,110 $400,000 $618,110
2018 $4,385 $818,920 $300,000 $518,920
2017 $0 $818,920 $300,000 $518,920
2016 $4,385 $818,920 $300,000 $518,920
2015 -- $818,920 $300,000 $518,920
2014 $5,468 $1,231,990 $515,220 $716,770
2013 -- $1,231,990 $515,220 $716,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 94568

APN: 7540822322