NOT LISTED FOR SALE

323-12 Overlook Rd Unit 12 Sapphire, NC 28774

Sapphire Neighborhood

Estimated Value: $406,000 - $603,000

2 Beds
2 Baths
1,501 Sq Ft
871 Sq Ft Lot

Last Sold February 21, 2023

Last sale price $327,500 $218 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,641/month

91 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Golf Course View
  • Golf Course Community
  • Spa
  • Community Lake

About This Home

As of February 2023

A rare find in Sapphire Valley! All you need is your toothbrush. A totally furnished all ONE LEVEL home. Currently it is a revenue producing VRBO and would make a perfect year-round home or use as an additional income maker. Low HOA Fees with this home. Annual road and trash fee are included with the full use of the Sapphire Amenities which include full use of Lake Fairfield, indoor and outdoor pools, fitness center, walking track, tennis facility, ski resort. The duplex design is perfect for maximum privacy. The home features central electric heat and cooling. The kitchen is modern with all modern appliances and has an eat in space in the kitchen. One of the bedrooms even has a mini-kitchen included. The bedroom suites are very large open areas with lots of light that open to a wonderful private deck that open to a wooded area. The nine foot ceilings give a larger feel and the newer more modern design. Low HOA Fees with this home. Annual road and trash fee are included with the full use of the Sapphire Amenities which include direct walking access to 77 acre Lake Fairfield for swimming, boating, fishing, kayaking and canoeing. There are two huge master bathrooms inside the space of the bedroom. There are two gas fireplaces, one in the main living area and one in a master suite.This floorplan exudes the feeling of open space and comfortable living. Summerwood Villa is the best representation of both condominium living and the quietness of home serenity

Last Buyer's Agent

John Barrow

Cashiers Sotheby's International Realty

Cashiers Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,065

Year Built

  • Built in 1999

Lot Details

  • Lake Front
  • North Facing Home
  • Cleared Lot

Parking

  • 2 Parking Spaces

Property Views

  • Golf Course
  • Woods
  • Mountain

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Furnished
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Propane Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Unfinished Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Spa
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Hot Water Heating System
  • Shared Well
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 7592-13-1635

Community Details

Overview

  • Property has a Home Owners Association
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,065

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Water Body Name: Fairfield Lake
  • Directions: Hwy 64 from Cashiers Crossroads approximately 5 miles east to Sapphire Valley...Turn left at signs for Lake Fairfield and the Hilltop Condominiums and follow directional signs to Summerwood Villas
  • Architectural Style: Ranch, Traditional
  • Building Name: Summerwood Villas
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1999
  • Attribution Contact: 8287436445
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Double Oven, Dryer, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Oven, Disposal, Ice Maker, Microwave, Propane Cooktop, Refrigerator, Washer
  • Has Basement: Crawl Space, Dirt Floor, Exterior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Other, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Jetted Tub, Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Cleared, Level, On Golf Course
  • Pool Features: Community
  • View: Golf Course, Mountain(s), Trees/Woods
  • View: Yes
  • Waterfront Features: Lake, Deeded Access
  • Construction Type: Wood Siding
  • Direction Faces: North
  • Patio And Porch Features: Rear Porch, Covered, Deck, Front Porch, Porch
  • Roof: Shingle

Garage/Parking

  • Parking Features: Additional Parking, None, Paved
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump, Hot Water
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Cable Available, Fiber Optic Available, High Speed Internet Available
  • Water Source: Other, Shared Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Lake, Playground, Pool, Tennis Court(s), Water Access
  • Association: Yes
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 7592-13-1635

Tax Info

  • Tax Annual Amount: 1065.07
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2022
Closed on
Feb 21, 2023
Sold by
Slocum Neal A and Slocum Babette
Bought by
Young Susan J
Buyer's Agent
John Barrow
Cashiers Sotheby's International Realty
List Price
$435,000
Sold Price
$327,500
Premium/Discount to List
-$107,500
-24.71%
Views
2
Current Estimated Value
$473,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,502
Avg. Annual Appreciation
15.69%

Purchase Details

Listed on
Jun 23, 2020
Closed on
Aug 18, 2020
Sold by
Wallis John B and John F Wallis Trust
Bought by
Slocum Neal A and Mccarron Babette
List Price
$249,500
Sold Price
$244,000
Premium/Discount to List
-$5,500
-2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.44%
Original Mortgage
$180,000
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Young Susan J $327,500 --
Slocum Neal A $244,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Slocum Neal A $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2023 02/21/23 Sold $327,500 -13.7% $218 / Sq Ft
12/09/2022 12/09/22 Price Changed $379,500 -12.8% $253 / Sq Ft
10/02/2022 10/02/22 For Sale $435,000 +78.3% $290 / Sq Ft
08/20/2020 08/20/20 Sold $244,000 -2.2% $163 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $249,500 -- $166 / 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 $1,592 $418,885 $60,000 $358,885
2024 $873 $229,620 $50,000 $179,620
2023 $1,065 $229,620 $50,000 $179,620
2022 $1,065 $229,620 $50,000 $179,620
2021 $873 $229,620 $50,000 $179,620
2020 $933 $210,540 $50,000 $160,540
2019 $933 $210,540 $50,000 $160,540
2018 $933 $210,540 $50,000 $160,540
2017 $912 $210,540 $50,000 $160,540
2015 $818 $210,540 $50,000 $160,540
2011 -- $246,450 $50,000 $196,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 100892

APN: 7592-13-1635