NOT LISTED FOR SALE

300 Cowee Gap Ln Highlands, NC 28741

Estimated Value: $1,458,000 - $2,514,000

4 Beds
4.5 Baths
-- Sq Ft
13.49 Acres

Last Sold June 24, 2013

Last sale price $1,125,000

Est. 77% increase in value since last sale

Current estimated payment $10,827/month

101 Days on Market

Highlights

  • RV Access or Parking
  • 13.49 Acre Lot
  • Traditional Architecture
  • Panoramic View
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of June 2013

Stately Mountain residence perched to take advantage of great long mountain views is conveniently located between Cashiers and Highlands. Heritage landscape and ground offering additional building sites. Small 2BR/1BA old guest house needs updating.

Last Agent to Sell the Property

Beth Townsend

McKee Properties Brokerage Phone: 8287433411 License #176215 Listed on: 02/02/2013

Co-Listed By

Terry Potts

Country Club Properties Brokerage Phone: 8287433411

Last Buyer's Agent

Terry Potts

Country Club Properties Brokerage Phone: 8287433411

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,926

Year Built

  • Built in 1990

Lot Details

  • 13.49 Acre Lot
  • Lot Has A Rolling Slope
  • Garden

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • RV Access or Parking

Property Views

  • Panoramic
  • Mountain

Home Design

  • Traditional Architecture
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Stone Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Workshop
  • Wood Flooring
  • Unfinished Basement
  • Interior and Exterior Basement Entry
  • Dryer

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Balcony
  • Patio

Utilities

  • No Cooling
  • Central Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7551-95-1543

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,926

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 13.49
  • Road Surface Type: Paved
  • Co List Office Mls Id: 5
  • Co List Office Phone: 828-526-2520
  • Subdivision Name: None
  • Directions: From Cashiers take Hwy 64 West approx 5.2 miles, then Right onto Cowee Gap Lane. Follow this for 3/1 mile and bear left between two stone columns. Lane dead-ends into property.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1990
  • Attribution Contact: 8287433411
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Microwave, Washer
  • Has Basement: Exterior Entry, Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Pantry, Vaulted Ceiling(s), Workshop
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Partially Cleared, Rolling Slope, Subdivided
  • View: Mountain(s), Panoramic
  • View: Yes
  • Disclosures: Other
  • Construction Type: Frame, Stone, Wood Siding
  • Exterior Features: Balcony, Garden
  • Other Structures: Residence, Workshop
  • Patio And Porch Features: Front Porch, Patio, Balcony
  • Roof: Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Circular Driveway, Garage, Two Car Garage, Paved, RV Access/Parking

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Central, Oil
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 587624.4
  • Parcel #: 7551-95-1543
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Lot: N/A
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2013
Closed on
Jun 20, 2013
Sold by
Macmillan Hugh F
Bought by
Cowee Gap Lane Llc
Seller's Agent
Beth Townsend
McKee Properties
Buyer's Agent
Terry Potts
Country Club Properties
List Price
$1,295,000
Sold Price
$1,125,000
Premium/Discount to List
-$170,000
-13.13%
Current Estimated Value
$1,986,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$861,000
Avg. Annual Appreciation
4.71%
Original Mortgage
$900,000
Outstanding Balance
$638,208
Interest Rate
3.42%
Mortgage Type
Unknown
Estimated Equity
$1,347,792
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
Cowee Gap Lane Llc $1,125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cowee Gap Lane Llc $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2013 06/24/13 Sold $1,125,000 -13.1% --
05/25/2013 05/25/13 Pending -- -- --
02/12/2013 02/12/13 For Sale $1,295,000 -- --
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 $4,926 $1,296,201 $525,000 $771,201
2024 $2,962 $779,420 $325,950 $453,470
2023 $3,314 $779,420 $325,950 $453,470
2022 $3,177 $745,940 $326,390 $419,550
2021 $2,835 $745,940 $326,390 $419,550
2020 $2,927 $687,380 $301,860 $385,520
2019 $2,892 $687,380 $301,860 $385,520
2018 $2,892 $687,380 $301,860 $385,520
2017 $2,823 $687,380 $301,860 $385,520
2015 $3,843 $989,240 $603,720 $385,520
2011 -- $1,289,100 $827,100 $462,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 76559

APN: 7551-95-1543