NOT LISTED FOR SALE

359 Chestnut Ridge Rd Highlands, NC 28741

Estimated Value: $765,075

3 Beds
2 Baths
636 Sq Ft
$1,203/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $518,000 $814 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,224/month

38 Days on Market

Highlights

  • Gated Community
  • Deck
  • Vaulted Ceiling
  • View of Trees or Woods
  • Wooded Lot
  • Wood Flooring

About This Home

As of September 2021

Charming post and beam cabin in the quaint Horse Cove area just minutes from Main Street in Highlands. Dining and living areas share a double sided wood burning fireplace and open to the back deck overlooking the native woodlands. Ample kitchen and breakfast bar and two guest bedrooms and bath complete the main level. The private master suite is located on the second level and features a vaulted ceiling, gas log fireplace, private balcony and large master bath with walk in closet. Inside steps lead to an unfinished full basement and workshop area that could be additional living space. The property has town of Highlands wireless internet, central heat and air, double garage and plenty of extra parking. Rustic Falls is a gated community.

Last Agent to Sell the Property

Molly Leonard

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 06/09/2021

Highlands Sotheby's International Realty - DT

Last Buyer's Agent

Susan Mills

Keller Williams Great Smokies

Keller Williams Great Smokies

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,341

Year Built

  • Built in 1995

Lot Details

  • 1.05 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Garden

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Furnished or left unfurnished upon request
  • Wired For Sound
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Stone Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Workshop
  • Views of Woods
  • Dryer

Kitchen

  • Breakfast Bar
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Unfinished Basement

  • Walk-Out Basement
  • Interior Basement Entry

Outdoor Features

  • Balcony
  • Deck
  • Porch

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 7459539926

Community Details

Overview

  • Rustic Falls Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,341

Year Built

Built in 1995

Lot Details

0

HOA Fees

$35 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.05
  • Road Surface Type: Gravel
  • Subdivision Name: Rustic Falls
  • Directions: Main Street Highlands to Horse Cove Road 3.6 miles to Walkingstick Road. Right on Walkingstick Road to entrance to Rustic Falls on left (Chestnut Ridge). Call office for gate code
  • Architectural Style: Craftsman, Post and Beam
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1995
  • Attribution Contact: 8285268300
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Oven, Refrigerator, Washer
  • Has Basement: Interior Entry, Concrete, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room, Primary Bedroom, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s), Wired for Sound, Workshop
  • Window Features: Skylight(s), Window Treatments

Exterior Features

  • Lot Features: Partially Cleared, Rolling Slope, Wooded
  • View: Trees/Woods
  • View: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Balcony, Garden
  • Foundation Details: Block
  • Patio And Porch Features: Rear Porch, Deck, Front Porch, Porch, Balcony
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Sewer Applied for Permit, Septic Tank
  • Utilities: Other, See Remarks
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 425.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 45738.0
  • Parcel #: 7459539926
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 1341.28
  • Tax Lot: 35
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Sep 9, 2021
Sold by
Thompson Cynthia C and Miller Steven J
Bought by
Pollard Stephen E and The Stephen Pollard Living Tru
Seller's Agent
Molly Leonard
Highlands Sotheby's International Realty - DT
Buyer's Agent
Susan Mills
Keller Williams Great Smokies
List Price
$549,000
Sold Price
$518,000
Premium/Discount to List
-$31,000
-5.65%
Current Estimated Value
$765,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,075
Avg. Annual Appreciation
10.03%

Purchase Details

Closed on
May 15, 2006
Sold by
Baker Barry and Baker Debra Jo
Bought by
Thompson Cynthia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.44%
Mortgage Type
New Conventional
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
Pollard Stephen E $518,000 None Available
Thompson Cynthia C $375,000 None Available
Thompson Cynthia C $375,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thompson Cynthia C $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2021 09/15/21 Sold $518,000 -5.6% $814 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $549,000 -- $863 / 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 $1,595 $483,340 $76,270 $407,070
2024 $1,595 $483,340 $76,270 $407,070
2023 $1,583 $483,340 $76,270 $407,070
2022 $1,418 $283,040 $44,180 $238,860
2021 $1,418 $304,740 $44,180 $260,560
2020 $1,341 $304,740 $44,180 $260,560
2018 $1,093 $277,250 $43,660 $233,590
2017 $0 $277,250 $43,660 $233,590
2016 $1,093 $277,250 $43,660 $233,590
2015 $1,070 $277,250 $43,660 $233,590
2014 $1,219 $398,370 $53,010 $345,360
2013 -- $398,370 $53,010 $345,360
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 96706

APN: 7459539926