NOT LISTED FOR SALE

342 Timber Ridge Dr Cashiers, NC 28717

Estimated Value: $1,083,000 - $1,470,781

3 Beds
3 Baths
-- Sq Ft
3.22 Acres

Last Sold December 09, 2016

Last sale price $495,000

Est. 164% increase in value since last sale

Current estimated payment $7,409/month

213 Days on Market

Highlights

  • Home fronts a pond
  • 3.22 Acre Lot
  • Vaulted Ceiling
  • Pond View
  • Deck
  • Covered Patio or Porch

About This Home

As of December 2016

Gorgeous well designed contemporary home fronting on beautifully landscaped pond. Very secluded 3.2 acre tract with waterfall walking distance to town. Three bedroom, three full bath home features extensive rock work throughout. Renovated and very appealing. Designed by Architect, Dan Duckham, and inspired by Frank Lloyd Wright. Fireplace Features: 2 or more

Last Agent to Sell the Property

Marty Jones

RE/MAX Summit Properties Brokerage Phone: 8287436445 Listed on: 03/23/2016

RE/MAX Summit Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,317

Year Built

  • Built in 2001

Lot Details

  • 3.22 Acre Lot
  • Home fronts a pond
  • Home fronts a stream
  • Garden

HOA Fees

  • $104 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Pond Views
  • Crawl Space
  • Dryer

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Stone
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

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

Community Details

  • Timber Ridge Subdivision

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 7571-25-0130

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,317

Year Built

Built in 2001

Lot Details

0

HOA Fees

$104 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.22
  • Subdivision Name: Timber Ridge
  • Directions: 107 South to Old School Rd (AT CORNUCOPIA). To second right on Zeb Alley. Left on Mitten Lane. To Timber Ridge Rd.Third Drive on right after gate. #342
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2001
  • Attribution Contact: 8287436445
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Disposal, Refrigerator, Trash Compactor, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Stone, Tile
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Skylight(s)

Exterior Features

  • Lot Features: Level, Pond on Lot
  • View: Pond
  • View: Yes
  • Waterfront Features: Pond, Stream
  • Construction Type: Frame, Stone, Wood Siding
  • Exterior Features: Garden
  • Patio And Porch Features: Covered, Deck
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Two Car Garage, Gravel

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Other, See Remarks
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 1250.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 140263.2
  • Parcel #: 7571-25-0130
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 2317.0
  • Tax Lot: 38
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2016
Closed on
Dec 9, 2016
Sold by
Johnson Lucas Martyn and Johnson Lucas Christine
Bought by
Waters Jeffrey K and Litton Brad
Seller's Agent
Marty Jones
RE/MAX Summit Properties
List Price
$539,900
Sold Price
$495,000
Premium/Discount to List
-$44,900
-8.32%
Current Estimated Value
$1,309,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$814,195
Avg. Annual Appreciation
11.55%
Original Mortgage
$396,000
Outstanding Balance
$319,415
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$989,780
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
Waters Jeffrey K $495,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waters Jeffrey K $396,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2016 12/09/16 Sold $495,000 -8.3% --
12/05/2016 12/05/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $539,900 -- --
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 $5,022 $1,321,470 $300,000 $1,021,470
2024 $2,833 $745,480 $150,000 $595,480
2023 $3,177 $745,480 $150,000 $595,480
2022 $2,665 $620,540 $150,000 $470,540
2021 $2,358 $620,540 $150,000 $470,540
2020 $2,347 $561,020 $150,000 $411,020
2019 $2,347 $561,020 $150,000 $411,020
2018 $2,347 $561,020 $150,000 $411,020
2017 $2,290 $561,020 $150,000 $411,020
2015 $2,550 $561,020 $150,000 $411,020
2011 -- $827,630 $172,430 $655,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 83383

APN: 7571-25-0130