NOT LISTED FOR SALE

3309 Horse Cove Rd Highlands, NC 28741

Estimated Value: $2,258,000 - $3,722,500

5 Beds
5 Baths
517 Sq Ft
$5,377/Sq Ft Est. Value

Last Sold May 09, 2014

Last sale price $1,340,000 $2,592 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $17,795/month

1,308 Days on Market

Highlights

  • Home fronts a pond
  • 5.85 Acre Lot
  • Farmhouse Style Home
  • Pond View
  • Wood Flooring
  • No HOA

About This Home

As of May 2014

Tucked away in Horse Cove is this wonderful Kingdom well suited for nature lovers and equestrian people. A charming 1930 eclectic farmhouse has been lovingly renovated with a screened porch and a flat yard that connects to your own lake. 2 bedrooms, 2 baths on the main level, one is a master suite that is unbelievable! Living room features painted paneling and heart pine floors. Stone fireplace.

Last Agent to Sell the Property

Terry Potts

Country Club Properties Brokerage Phone: 8285262520 Listed on: 08/26/2010

Last Buyer's Agent

Bert Mobley

Highlands Sotheby's International Realty - DT

Highlands Sotheby's International Realty - DT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,480

Year Built

  • Built in 1935

Lot Details

  • 5.85 Acre Lot
  • Home fronts a pond
  • Lot Has A Rolling Slope

Home Design

  • Farmhouse Style Home
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Stone Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Pond Views

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7459175018

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,480

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.85
  • Road Surface Type: Gravel
  • Subdivision Name: None
  • Directions: HORSE COVE ROAD TO 3309 HORSE COVE ROAD
  • Architectural Style: Farmhouse
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1935
  • Attribution Contact: 8285262520
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Disposal, Gas Oven, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Stone
  • Fireplace: Yes
  • Flooring: Tile, Wood

Exterior Features

  • Lot Features: Pond on Lot, Rolling Slope
  • View: Pond, Creek/Stream
  • View: Yes
  • Waterfront Features: Pond
  • Construction Type: Wood Siding
  • Exterior Features: Satellite Dish
  • Other Structures: Barn(s)
  • Patio And Porch Features: Porch, Screened
  • Roof: Other

Garage/Parking

  • Parking Features: Gravel, None

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 254826.0
  • Parcel #: 7459175018
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 3480.02
  • Tax Lot: 0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2022
Sold by
Baxter Robert L and Baxter Diane L
Bought by
Baxter Family Living Trust
Current Estimated Value
$3,261,125

Purchase Details

Listed on
Aug 26, 2010
Closed on
Apr 22, 2014
Sold by
Morris William T and Morris Susanne D
Bought by
Baxter Robert L and Baxter Diane L
Seller's Agent
Terry Potts
Country Club Properties
Buyer's Agent
Bert Mobley
Highlands Sotheby's International Realty - DT
List Price
$1,850,000
Sold Price
$1,340,000
Premium/Discount to List
-$510,000
-27.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Original Mortgage
$871,000
Interest Rate
3.61%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 2, 2009
Sold by
Morris William T and Morris Suzanne D
Bought by
Morris William T and Morris Suzanne D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2007
Sold by
Morris William T and Morris Susanne D
Bought by
Morris William T and Morris Susanne D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2007
Sold by
Harlan Forest Llc
Bought by
Morris William T and Morris Susanne D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.15%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Baxter Family Living Trust -- Neumann Law Office Pllc
Baxter Robert L $1,340,000 None Available
Morris William T -- None Available
Morris William T -- None Available
Morris William T $1,250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baxter Robert L $100,000
Previous Owner Baxter Robert L $400,000
Previous Owner Baxter Robert L $50,000
Previous Owner Baxter Robert L $871,000
Previous Owner Morris William T $409,000
Previous Owner Morris William T $417,000
Previous Owner Morris William T $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2014 05/09/14 Sold $1,340,000 -27.6% $2,592 / Sq Ft
04/08/2014 04/08/14 Pending -- -- --
09/07/2010 09/07/10 For Sale $1,850,000 -- $3,578 / 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
2024 -- $1,993,490 $1,128,090 $865,400
2023 $5,869 $1,993,490 $1,128,090 $865,400
2022 $5,869 $1,255,970 $731,330 $524,640
2021 $5,869 $1,339,670 $731,330 $608,340
2020 $5,530 $1,339,670 $731,330 $608,340
2018 $4,881 $1,330,160 $658,200 $671,960
2017 $0 $1,330,160 $658,200 $671,960
2016 $4,881 $1,330,160 $658,200 $671,960
2015 -- $1,330,160 $658,200 $671,960
2014 $3,480 $1,184,380 $611,780 $572,600
2013 -- $1,183,340 $610,740 $572,600
Source: Public Records

Agents Affiliated with this Home

  • Terry Potts

    Seller's Agent in 2014

    Terry Potts

    Country Club Properties

    (828) 787-2001

    156 in this area

    169 Total Sales

    Section Image

  • B

    Buyer's Agent in 2014

    Bert Mobley

    Highlands Sotheby's International Realty - DT

    (404) 497-5487

    18 in this area

    20 Total Sales

    Section Image
See All Agents

Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 71633

APN: 7459175018

North Carolina Macon County Highlands 28741

3309 Horse Cove Rd, Highlands, NC

This home is located at 3309 Horse Cove Rd, Highlands, NC 28741 since 26 August 2010 and is currently estimated at $2,779,875, approximately $5,376 per square foot. This property was built in 1935. 3309 Horse Cove Rd is a home located in Macon County with nearby schools including Highlands School, Macon Middle School, and Mountain View Intermediate School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes