NOT LISTED FOR SALE

39 Cherry Tree Ln Highlands, NC 28741

Estimated Value: $1,108,000 - $2,035,000

4 Beds
4 Baths
1,629 Sq Ft
$1,039/Sq Ft Est. Value

Last Sold October 27, 2017

Last sale price $600,000 $368 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $10,904/month

103 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Community Lake
  • Fitness Center
  • Lake View
  • Clubhouse

About This Home

As of October 2017

This open and bright family home is located on a quiet road and has a nice view of Lake Ravenel. Master on main with a second great room and guest bedroom downstairs and a spacious loft and third guest bedroom upstairs. Plenty of deck space to enjoy the spectacular Highlands season. Also includes 1/4 ownership of Lot #7.

Last Agent to Sell the Property

Josephine Lovell

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 05/12/2017

Highlands Sotheby's International Realty - DT

Last Buyer's Agent

Judy Michaud

Berkshire Hathaway HomeServices Meadows Mountain Realty

Berkshire Hathaway HomeServices Meadows Mountain Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,946

Year Built

  • Built in 1995

Lot Details

  • 0.65 Acre Lot

HOA Fees

  • $404 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Lake Views
  • Crawl Space
  • Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 8/7s
  • Assessor Parcel Number 7551514615

Community Details

Overview

  • Cullasaja Club Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Putting Green

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,946

Year Built

Built in 1995

Lot Details

0.65 Acres

HOA Fees

$404 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.65
  • Road Surface Type: Paved
  • Water Body Name: Lake Ravenel
  • Subdivision Name: Cullasaja Club
  • Directions: From Downtown Highlands, take Hwy 64E towards Cashiers. Turn right at Cullasaja Club entrance. Go past security gate and go over bridge. Turn left on Cherry Tree Lane. 39 Cherry Tree Lane is at the end on the right.
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1995
  • Attribution Contact: 8285268300
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Oven, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Kitchen Island, Walk-In Closet(s)

Exterior Features

  • Lot Features: Level
  • View: Lake
  • View: Yes
  • Waterfront Features: Deeded Access
  • Construction Type: Frame, Wood Siding
  • Exterior Features: None
  • Patio And Porch Features: Rear Porch, Covered, Front Porch, Porch, Screened
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Carport, Paved

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Gated, Lake, Putting Green, Tennis Court(s), Water Access
  • Association Fee: 4845.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 28314.0
  • Parcel #: 7551514615
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 2945.87
  • Tax Lot: 8/7s
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2017
Closed on
Oct 27, 2017
Sold by
Parham Jimmy W and Parham Elizabeth Ann
Bought by
Baldwin Joseph Lewis
Seller's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
Buyer's Agent
Judy Michaud
Berkshire Hathaway HomeServices Meadows Mountain Realty
List Price
$699,000
Sold Price
$600,000
Premium/Discount to List
-$99,000
-14.16%
Current Estimated Value
$1,692,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,092,746
Avg. Annual Appreciation
13.16%
Original Mortgage
$400,000
Outstanding Balance
$219,660
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$1,473,086

Purchase Details

Closed on
May 21, 2008
Sold by
Dement Carolyn Beth and Dement G W
Bought by
Parham Jimmy W and Parham Elizabeth Ann

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%
Mortgage Type
New Conventional
Source: Public Records
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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
Baldwin Joseph Lewis $600,000 None Available
Parham Jimmy W $610,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baldwin Joseph Lewis $400,000
Previous Owner Parham Jimmy W $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2017 10/27/17 Sold $600,000 -14.2% $368 / Sq Ft
10/08/2017 10/08/17 Pending -- -- --
05/12/2017 05/12/17 For Sale $699,000 -- $429 / Sq Ft
Source: Highlands-Cashiers Board of REALTORS®

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 -- $1,083,580 $100,000 $983,580
2024 -- $1,083,580 $100,000 $983,580
2023 $3,241 $1,083,580 $100,000 $983,580
2022 $2,561 $570,530 $100,000 $470,530
2021 $2,561 $570,530 $100,000 $470,530
2020 $2,417 $570,530 $100,000 $470,530
2018 $2,573 $688,680 $200,000 $488,680
2017 $2,573 $688,680 $200,000 $488,680
2016 $2,573 $688,680 $200,000 $488,680
2015 $2,550 $688,680 $200,000 $488,680
2014 $3,051 $1,034,460 $245,700 $788,760
2013 -- $1,034,460 $245,700 $788,760
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Josephine Lovell

    Highlands Sotheby's International Realty - DT

    (828) 226-6303

    122 in this area

    153 Total Sales

    Josephine Lovell
    Section Image
  • Judy Michaud

    Buyer's Agent in 2017

    Judy Michaud

    Berkshire Hathaway HomeServices Meadows Mountain Realty

    (828) 526-1717

    135 in this area

    181 Total Sales

    Judy Michaud
    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 85986

APN: 7551514615

North Carolina Macon County Highlands 28741

39 Cherry Tree Ln, Highlands, NC

Not Listed for Sale

Detached

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