NOT LISTED FOR SALE

392 Montreat Dr Glenville, NC 28736

Estimated Value: $1,552,000 - $2,622,000

4 Beds
4.5 Baths
4,454 Sq Ft
$494/Sq Ft Est. Value

Last Sold March 30, 2021

Last sale price $1,300,000 $292 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $12,171/month

145 Days on Market

Highlights

  • Gated Community
  • Vaulted Ceiling
  • Wood Flooring
  • 2.58 Acre Lot
  • Outdoor Fireplace
  • Covered Patio or Porch

About This Home

As of March 2021

This beautiful quality-constructed home is close to town and in the prestigious gated community of Cedar Meadows . Enjoy privacy at the end of the road and feel insulated. Careful placement of this home at 3650+ feet enables the rare but highly sought views of Cowrock Mountain and Bald Rock. This home features a huge great room with high ceilings, and just enough wood to keep the home's elegant features at the forefront. The tall stone fireplaces and outdoor living spaces make this home seem even larger. The master suite is on the main with its own stone fireplace, cedar walk-in closets and deck access. Outdoor screen room accents the view of the Rock Cliff and beyond. The upper level also captures the mountain views, a large loft space with laurel railings and vaulted wood ceilings between two additional master suites for the guests. The lower level features a large open playroom/game room to outfit with your own entertainment. And additional bedroom space allows you and your guests to spread out and enjoy the solitude. The lower level deck is also screened allowing you to bring in the outside for enjoyment. The mountain retreat of a lifetime can be yours.

Last Agent to Sell the Property

Ron Hensley

Landmark Realty Group - Frank Allen, Cashiers Brokerage Phone: 8287430510 Listed on: 09/02/2020

Last Buyer's Agent

Andrea Gabbard

Highlands Sotheby's International Realty - DT

Highlands Sotheby's International Realty - DT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,330

Year Built

  • Built in 2003

Lot Details

  • 2.58 Acre Lot
  • Steep Slope
  • Garden

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Siding

Interior Spaces

  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Dryer
  • Finished Basement

Kitchen

  • Breakfast Bar
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace

Utilities

  • Central Heating and Cooling System
  • Shared Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot D
  • Assessor Parcel Number 7583-22-8970

Community Details

Overview

  • Property has a Home Owners Association
  • Cedar Meadows Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,330

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.58
  • Road Surface Type: Paved
  • Subdivision Name: Cedar Meadows
  • Directions: From the Cashiers crossroads, take Hwy 64 East to left on Cedar Creek Road for 1 1/2 miles, then turn right into Cedar Meadows through gate. Follow Montreat Drive. Home is at the end
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 2003
  • Attribution Contact: 8287430510
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Ice Maker, Microwave, Refrigerator, Wine Cooler, Washer
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Outside
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior Features

  • Lot Features: Partially Cleared, Steep Slope
  • View: Rocks
  • Construction Type: Frame, Concrete, Wood Siding
  • Exterior Features: Garden, Satellite Dish
  • Patio And Porch Features: Rear Porch, Covered, Front Porch, Porch
  • Roof: Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Two Car Garage, Paved

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: High Speed Internet Available, Other, See Remarks
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Gated
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 112384.8
  • Parcel #: 7583-22-8970
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 4329.71
  • Tax Lot: D
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2020
Closed on
Mar 24, 2021
Sold by
Ryan Thomas William
Bought by
Merlis Investments Llc
Seller's Agent
Ron Hensley
Landmark Realty Group - Frank Allen, Cashiers
Buyer's Agent
Andrea Gabbard
Highlands Sotheby's International Realty - DT
List Price
$1,395,000
Sold Price
$1,300,000
Premium/Discount to List
-$95,000
-6.81%
Current Estimated Value
$2,201,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$901,567
Avg. Annual Appreciation
12.19%

Purchase Details

Closed on
Sep 17, 2019
Sold by
Niesen-Ryan Donna
Bought by
Ryuan Thomas W

Purchase Details

Closed on
Jan 4, 2017
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Niesen Ryan Thomas William and Niesen Ryan Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,400
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2015
Sold by
Beavers Richard B and Beavers Barbara L
Bought by
Christiana Trust and Bcat 2015 14Btt

Purchase Details

Closed on
Feb 25, 2005
Sold by
D F Miller Pa
Bought by
Beavers Richard B and Beavers Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Merlis Investments Llc $1,300,000 None Available
Ryuan Thomas W -- --
Niesen Ryan Thomas William $518,000 None Available
Christiana Trust $675,000 None Available
Beavers Richard B $708,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Niesen Ryan Thomas William $414,400
Previous Owner Beavers Richard B $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2021 03/30/21 Sold $1,300,000 -6.8% $292 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
09/03/2020 09/03/20 For Sale $1,395,000 -- $313 / 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 $7,765 $2,043,534 $240,270 $1,803,264
2024 $4,463 $1,174,572 $264,610 $909,962
2023 $5,234 $1,244,170 $264,610 $979,560
2022 $5,234 $1,244,170 $264,610 $979,560
2021 $4,966 $1,244,170 $264,610 $979,560
2020 $4,435 $1,073,570 $200,000 $873,570
2019 $4,435 $1,073,570 $200,000 $873,570
2018 $4,435 $1,073,570 $200,000 $873,570
2017 $4,327 $1,073,570 $200,000 $873,570
2015 $4,075 $1,073,570 $200,000 $873,570
2011 -- $1,332,290 $228,950 $1,103,340
Source: Public Records

Agents Affiliated with this Home

  • Ron Hensley

    Seller's Agent in 2021

    Ron Hensley

    Landmark Realty Group - Frank Allen, Cashiers

    (828) 399-0028

    16 in this area

    81 Total Sales

    Ron Hensley
    Section Image

  • A

    Buyer's Agent in 2021

    Andrea Gabbard

    Highlands Sotheby's International Realty - DT

    (828) 200-6742

    3 in this area

    91 Total Sales

    Andrea Gabbard
    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 94573

APN: 7583-22-8970

North Carolina Jackson County Glenville 28736

392 Montreat Dr, Glenville, NC

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