NOT LISTED FOR SALE

299 Cheney Ln Highlands, NC 28741

Estimated Value: $646,000 - $3,534,410

2 Beds
2 Baths
-- Sq Ft
66.05 Acres

Last Sold July 29, 2016

Last sale price $1,998,000

Est. 5% increase in value since last sale

Current estimated payment $11,653/month

3 Days on Market

Highlights

  • 66.05 Acre Lot
  • Deck
  • Wooded Lot
  • Mountain View
  • Wood Burning Stove
  • No HOA

About This Home

As of July 2016

Just minutes from downtown Highlands, this hidden gem of +/- 66 acres of natural beauty includes meadows, a creek and mountain views. Perfect for horses, development, or a family compoundthe possibilities are only limited to your imagination. A small home can be a guest house while you build your estate home. Freedom to roam hiking trails or ride horses. Breathe fresh mountain air, cool summertime breezes or watch gentle snowflakes in winter. Gently rolling meadows and pastures await you.

Last Agent to Sell the Property

Pat Allen

Allen Tate/Pat Allen Realty Group Brokerage Phone: 8285268784 Listed on: 05/18/2016

Co-Listed By

Julie Osborn

Allen Tate/Pat Allen Realty Group Brokerage Phone: 8285268784

Last Buyer's Agent

Pat Allen

Allen Tate/Pat Allen Realty Group Brokerage Phone: 8285268784 Listed on: 05/18/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,022

Year Built

  • Built in 1948

Lot Details

  • 66.05 Acre Lot
  • Fenced
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Wooded Lot
  • Garden

Parking

  • 3 Car Detached Garage
  • 1 Carport Space
  • Driveway

Home Design

  • Frame Construction
  • Shingle Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Wood Burning Stove
  • Living Room with Fireplace
  • Mountain Views
  • Crawl Space

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Spring water is a source of water for the property
  • Septic Tank
  • Cable TV Available

Additional Features

  • Deck
  • Pasture

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7541431010

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,022

Year Built

Built in 1948

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 66.05
  • Water Body Name: No Name Known
  • Co List Office Mls Id: 214
  • Co List Office Phone: 828-526-8784
  • Subdivision Name: None
  • Directions: From Main Street in Highlands: Turn onto Hwy 64 East towards Cashiers and follow approximately 2.5 miles. Turn Left onto Flat Mountain Road and follow approximately .4 miles. Turn Right onto Cheney Lane and follow approximately .3 miles to property on Left.
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1948
  • Attribution Contact: 8285268784
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Oven
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Carpet, Laminate

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cleared, Level, Pasture, Partially Cleared, Rolling Slope, Wooded
  • View: Mountain(s)
  • View: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Garden
  • Other Structures: Residence, Shed(s)
  • Patio And Porch Features: Deck, Side Porch
  • Roof: Metal, Shingle

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 4.0
  • Garage Spaces: 3.0
  • Parking Features: Carport, Driveway, Detached, Garage, Three Car Garage, Gravel, Unpaved

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Spring

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 2877138.0
  • Parcel #: 7541431010
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 8022.0
  • Tax Lot: NA
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2016
Closed on
Jul 29, 2016
Sold by
Cheney Lane Farm Limited Co
Bought by
Cheney Maple Farm Llc
Seller's Agent
Pat Allen
Allen Tate/Pat Allen Realty Group
Buyer's Agent
Pat Allen
Allen Tate/Pat Allen Realty Group
List Price
$1,998,000
Sold Price
$1,998,000
Current Estimated Value
$2,090,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,205
Avg. Annual Appreciation
0.49%

Purchase Details

Closed on
Jun 16, 2004
Sold by
Rippetoe Frances Hedden
Bought by
Cheney Lane Farm Limited Co
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cheney Maple Farm Llc -- None Available
Cheney Lane Farm Limited Co $3,025,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2016 07/29/16 Sold $1,998,000 0.0% --
06/21/2016 06/21/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $1,998,000 -- --
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
2025 $8,540 $2,885,690 $2,720,690 $165,000
2024 $8,540 $2,885,690 $2,720,690 $165,000
2023 $7,117 $2,885,690 $2,720,690 $165,000
2022 $7,117 $1,606,940 $1,505,940 $101,000
2021 $7,117 $1,629,940 $1,505,940 $124,000
2020 $6,704 $1,629,940 $1,505,940 $124,000
2018 $8,045 $2,209,650 $2,080,570 $129,080
2017 $8,045 $2,209,650 $2,080,570 $129,080
2016 $8,045 $2,209,650 $2,080,570 $129,080
2015 $8,022 $2,209,650 $2,080,570 $129,080
2014 $8,823 $3,038,590 $2,886,380 $152,210
2013 -- $3,038,590 $2,886,380 $152,210
Source: Public Records

Agents Affiliated with this Home

  • Pat Allen

    Seller's Agent in 2016

    Pat Allen

    Allen Tate/Pat Allen Realty Group

    (828) 200-9179

    88 in this area

    105 Total Sales

    Pat Allen
    Section Image
  • Julie Osborn

    Seller Co-Listing Agent in 2016

    Julie Osborn

    Allen Tate/Pat Allen Realty Group

    (828) 200-6165

    92 in this area

    135 Total Sales

    Julie Osborn
    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 83911

APN: 7541431010

North Carolina Macon County Highlands 28741

299 Cheney Ln, Highlands, NC

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