Seller's Agent in 2024
Julie Osborn
Allen Tate/Pat Allen Realty Group
(828) 200-6165
101 in this area
147 Total Sales
278 Upper Lake Rd Highlands, NC 28741
Estimated Value: $623,000 - $739,470
2
Beds
2
Baths
884
Sq Ft
$769/Sq Ft
Est. Value
Highlights
- Cathedral Ceiling
- No HOA
- Eat-In Kitchen
- Wood Flooring
- Porch
- Cooling Available
About This Home
As of January 2024Welcome to this adorable and beautifully renovated 1940s cottage, brimming with timeless charm and modern conveniences. Step inside to discover a delightful living and kitchen area with vaulted ceilings, exuding natural light and a spacious feel thanks to the tasteful use of tongue and groove planks. The original features, such as the wormy chestnut walls, pine floors, and doors, have been lovingly preserved, creating a warm and inviting ambiance throughout. The kitchen boasts a perfect blend of old-world charm and contemporary functionality, featuring stainless appliances harmoniously paired with the original farmhouse sink. The thoughtful addition of a second bathroom ensures enhanced comfort and privacy for everyone. A hidden gem awaits in the form of a versatile bonus room adjacent to the kitchen. Whether you seek extra sleeping space, a game room, or a spot for your furry friends, this space caters to your needs. Outside, the gentle lot is adorned with apple trees and offers ample gardening space for your green thumb endeavors. Settle in on the spacious front porch and watch in awe as mama doe and her speckled baby frolic among the trees, savoring apple treats, creating a serene and picturesque scene. Perfectly situated near a tranquil lake and a convenient hiking trailhead, this cottage invites you to embrace an active outdoor lifestyle. And when you crave a dose of small-town charm, a leisurely stroll to Main Street will lead you to shopping, restaurants and summer concerts and festivals at nearby Kelsey Hutchinson Park. This charming cottage seamlessly blends the allure of the past with the comforts of the present, making it an ideal place to call home. Don't miss the opportunity to experience the enchantment of this meticulously renovated gem!
Last Agent to Sell the Property
Allen Tate/Pat Allen Realty Group Brokerage Phone: 8285268784 Listed on: 07/27/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,111
Year Built
- Built in 1947
Lot Details
- 0.48 Acre Lot
- Lot Has A Rolling Slope
- Cleared Lot
- Garden
Home Design
- Shingle Roof
- Metal Roof
- Asbestos
Interior Spaces
- 1-Story Property
- Cathedral Ceiling
- Ceiling Fan
- Window Treatments
- Dryer
Kitchen
- Eat-In Kitchen
- Microwave
- Dishwasher
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Crawl Space
Outdoor Features
- Porch
Utilities
- Cooling Available
- Heat Pump System
- Septic Tank
- Cable TV Available
Community Details
- No Home Owners Association
- Bear Pen Subdivision
Listing and Financial Details
- Tax Lot 75
- Assessor Parcel Number 7540820536
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 27, 2023
Closed on
Jan 5, 2024
Sold by
Mathis Samuel A and Mathis Martha H
Bought by
Redmond Nathaniel Douglas and Redmond Rebecca Brand
Seller's Agent
Julie Osborn
Allen Tate/Pat Allen Realty Group
Buyer's Agent
Chuck Self
Silver Creek Real Estate Group, Inc.
List Price
$725,000
Sold Price
$670,000
Premium/Discount to List
-$55,000
-7.59%
Views
227
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,368
Avg. Annual Appreciation
0.85%
Original Mortgage
$470,000
Outstanding Balance
$387,119
Interest Rate
7.29%
Mortgage Type
Seller Take Back
Estimated Equity
$292,249
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Redmond Nathaniel Douglas | $670,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Redmond Nathaniel Douglas | $470,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/05/2024 01/05/24 | Sold | $670,000 | -4.1% | $758 / Sq Ft |
| 12/22/2023 12/22/23 | Pending | -- | -- | -- |
| 09/23/2023 09/23/23 | Price Changed | $699,000 | -3.6% | $791 / Sq Ft |
| 07/27/2023 07/27/23 | For Sale | $725,000 | +234.1% | $820 / Sq Ft |
| 08/22/2013 08/22/13 | Sold | $217,000 | -42.9% | $245 / Sq Ft |
| 08/05/2013 08/05/13 | Pending | -- | -- | -- |
| 02/10/2012 02/10/12 | For Sale | $379,900 | -- | $430 / Sq Ft |
Source: Highlands-Cashiers Board of REALTORS®
Tax History Compared to Growth
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 | -- | $477,410 | $60,000 | $417,410 |
| 2023 | $1,111 | $261,700 | $60,000 | $201,700 |
| 2022 | $1,111 | $171,050 | $60,000 | $111,050 |
| 2021 | $1,111 | $171,050 | $60,000 | $111,050 |
| 2020 | $1,068 | $171,050 | $60,000 | $111,050 |
| 2018 | $889 | $151,580 | $61,690 | $89,890 |
| 2017 | -- | $151,580 | $61,690 | $89,890 |
| 2016 | $889 | $151,580 | $61,690 | $89,890 |
| 2015 | -- | $151,580 | $61,690 | $89,890 |
| 2014 | $1,054 | $224,140 | $112,280 | $111,860 |
| 2013 | -- | $211,670 | $99,810 | $111,860 |
Source: Public Records
Agents Affiliated with this Home
-
Julie Osborn
-
Pat Allen
Seller Co-Listing Agent in 2024
Pat Allen
Allen Tate/Pat Allen Realty Group
(828) 200-9179
96 in this area
118 Total Sales
-
Chuck Self
C
Buyer's Agent in 2024
Chuck Self
Silver Creek Real Estate Group, Inc.
(828) 734-7302
9 in this area
85 Total Sales
-
John Bynum
J
Seller's Agent in 2013
John Bynum
Berkshire Hathaway HomeServices Meadows Mountain Realty - HF
(828) 200-0144
27 in this area
42 Total Sales
Map
Source: Highlands-Cashiers Board of REALTORS®
MLS Number: 102609
APN: 7540821540
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