NOT LISTED FOR SALE

289 Chestnut Ridge Rd Highlands, NC 28741

Estimated Value: $909,000 - $965,372

3 Beds
4.5 Baths
696 Sq Ft
$1,350/Sq Ft Est. Value

Last Sold August 04, 2017

Last sale price $322,000 $463 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $5,175/month

70 Days on Market

Highlights

  • Gated Community
  • 1.99 Acre Lot
  • Wooded Lot
  • View of Trees or Woods
  • Deck
  • Cathedral Ceiling

About This Home

As of August 2017

Rustic Elegance in Horse Cove! Nestled in the serenity of gated Rustic Falls, this home offers everything one dreams of in a mountain cabin. Soaring cathedral ceilings, hardwood floors, multiple fireplaces, master on main, gorgeous granite and stainless kitchen, 2 generous bedrooms and baths up and an In-Law suite down, this home has it all! Relax and enjoy cool mountain breezes from one of two large decks. Enjoy entertaining friends and family in either the beautiful open dining area or on the beautifully designed screened porch. This is true mountain living at its best! Offered for $349,000. Fireplace Features: 2 or more

Last Agent to Sell the Property

Sherman Pope

Berkshire Hathaway HomeServices Meadows Mountain Realty - CA Brokerage Phone: 8285268784 Listed on: 04/13/2017

Berkshire Hathaway HomeServices Meadows Mountain Realty - CA

Last Buyer's Agent

Sheryl Wilson

Highlands Sotheby's International Realty

Highlands Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,688

Year Built

  • Built in 1986

Lot Details

  • 1.99 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $25 Monthly HOA Fees

Property Views

  • Woods
  • Mountain

Home Design

  • Shingle Roof
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Dryer

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Partially Finished Basement

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

Parking

  • Attached Garage
  • 2 Carport Spaces

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 33 & 34
  • Assessor Parcel Number 7459536929

Community Details

Overview

  • Rustic Falls Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,688

Year Built

Built in 1986

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.99
  • Road Surface Type: Gravel
  • Subdivision Name: Rustic Falls
  • Directions: From Highlands take Horsecove Road down the mountain and turn right on Walkingstick Road. Gate will be about 1/10th mile on the left. Must have Gate code.
  • Architectural Style: Log Home
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1986
  • Attribution Contact: 8285268784
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Oven, Microwave, Refrigerator, Wine Cooler, Washer
  • Has Basement: Exterior Entry, Full, Heated, Interior Entry, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Den, Gas Log, Living Room, Primary Bedroom, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Wet Bar, Breakfast Bar, Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Jetted Tub, Kitchen Island, Pantry, Walk-In Closet(s)
  • Window Features: Skylight(s)

Exterior Features

  • Lot Features: Partially Cleared, Rolling Slope, Wooded
  • View: Mountain(s), Seasonal View, Trees/Woods
  • View: Yes
  • Construction Type: Log
  • Exterior Features: Satellite Dish
  • Other Structures: Shed(s)
  • Patio And Porch Features: Rear Porch, Covered, Deck, Enclosed, Front Porch, Porch, Screened, Side Porch
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 2.0
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Carport, Gravel, Paved

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Satellite Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 86684.4
  • Parcel #: 7459536929
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 1688.0
  • Tax Lot: 33 & 34
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2018
Sold by
Cox Brabdon and Cox Allison
Bought by
Coleman Samuel W and Coleman Shelly W
Current Estimated Value
$939,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Outstanding Balance
$259,887
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$679,957

Purchase Details

Listed on
Apr 13, 2017
Closed on
Jul 24, 2017
Sold by
Todd William J and Todd Elizabeth S
Bought by
Cox Brandon and Cox Allison
Seller's Agent
Sherman Pope
Berkshire Hathaway HomeServices Meadows Mountain Realty - CA
Buyer's Agent
Sheryl Wilson
Highlands Sotheby's International Realty
List Price
$349,000
Sold Price
$322,000
Premium/Discount to List
-$27,000
-7.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.99%
Original Mortgage
$305,700
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2011
Sold by
Dowling Cyrilla
Bought by
Todd William J
Source: Public Records

Range of Values:

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Average Value
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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
Coleman Samuel W $399,000 None Available
Cox Brandon $322,000 None Available
Todd William J $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman Samuel W $299,250
Previous Owner Cox Brandon $305,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2017 08/04/17 Sold $322,000 -7.7% $463 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
04/18/2017 04/18/17 For Sale $349,000 -- $501 / 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 $2,003 $623,660 $111,490 $512,170
2024 $2,003 $623,660 $111,490 $512,170
2023 $1,851 $623,660 $111,490 $512,170
2022 $1,851 $390,050 $63,430 $326,620
2021 $1,851 $405,450 $63,430 $342,020
2020 $1,749 $405,450 $63,430 $342,020
2018 $1,687 $442,590 $62,690 $379,900
2017 $0 $442,590 $62,690 $379,900
2016 $1,687 $442,590 $62,690 $379,900
2015 $1,664 $442,590 $62,690 $379,900
2014 $2,216 $744,350 $159,850 $584,500
2013 -- $744,350 $159,850 $584,500
Source: Public Records

Agents Affiliated with this Home

  • Sherman Pope

    Seller's Agent in 2017

    Sherman Pope

    Berkshire Hathaway HomeServices Meadows Mountain Realty - CA

    (828) 342-4277

    10 in this area

    35 Total Sales

    Sherman Pope
    Section Image

  • S

    Buyer's Agent in 2017

    Sheryl Wilson

    Highlands Sotheby's International Realty

    (828) 337-0706

    5 in this area

    8 Total Sales

    Sheryl Wilson
    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 85739

APN: 7459536929

North Carolina Macon County Highlands 28741

289 Chestnut Ridge Rd, Highlands, NC

This home is located at 289 Chestnut Ridge Rd, Highlands, NC 28741 since 13 April 2017 and is currently estimated at $939,843, approximately $1,350 per square foot. This property was built in 1986. 289 Chestnut Ridge Rd is a home located in Macon County with nearby schools including Highlands School, Macon Middle School, and Mountain View Intermediate School.

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