NOT LISTED FOR SALE

40 Mountain Brook Way Highlands, NC 28741

Estimated Value: $73,000 - $526,000

0.75 Acre
$270,544 Price per Acre
32,670 Sq Ft Lot

Last Sold May 25, 2023

Last sale price $65,000 $74 Per Sq Ft

Est. 212% increase in value since last sale

Current estimated payment $1,114/month

20 Days on Market

About This Lot

As of May 2023

This home is located at 40 Mountain Brook Way, Highlands, NC 28741 since 04 April 2023 and is currently estimated at $202,908, approximately $229 per square foot. 40 Mountain Brook Way is a home located in Macon County with nearby schools including Highlands School, Macon Middle School, and Mountain View Intermediate School.

Last Agent to Sell the Property

Craig Berry (MLS Only)

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 04/04/2023

Highlands Sotheby's International Realty - DT

Last Buyer's Agent

Rachel Wavra

Silver Creek Real Estate Group, Inc.

Property Details

Property Type

  • Land

Lot Details

  • 0.75 Acre Lot
  • Home fronts a stream
  • Cleared Lot

Utilities

  • Shared Well
  • Septic Tank

Additional Features

  • Property Views

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 7520550177

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.75
  • Directions: From Highlands Take The Franklin Road to a left on Turtle Pond. Stay to the left on Turtle Pond where it meets up with Dendy Orchard. Turtle Pond now turns to gravel. Stay on this road until you get to Mountain Brook Way on the right.
  • Carport Y N: No
  • Garage Yn: No
  • Attribution Contact: 8285268300
  • PropertySubTypeAdditional: Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Cleared
  • View: Rocks, Creek/Stream
  • View: Yes
  • Waterfront Features: Stream

Utilities

  • Sewer: Septic Permit 3 Bedroom, Septic Tank
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Other
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 32670.0
  • Parcel #: 7520550177
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 1910.56
  • Tax Lot: 1
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2025
Sold by
Feyerabend Joey Lawrence and Feyerabend Tiffany Nicol
Bought by
Gibson William Craig and Gibson Cheryl Rene
Current Estimated Value
$202,908

Purchase Details

Listed on
Apr 4, 2023
Closed on
May 26, 2023
Sold by
Longrun Equity Llc
Bought by
Feyerabend Joey Lawrence and Feyerabend Tiffany Nicole
Seller's Agent
Craig Berry (MLS Only)
Highlands Sotheby's International Realty - DT
Buyer's Agent
Rachel Wavra
Silver Creek Real Estate Group, Inc.
List Price
$100,000
Sold Price
$65,000
Premium/Discount to List
-$35,000
-35%
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.75%
Original Mortgage
$48,750
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2016
Closed on
Sep 28, 2017
Sold by
Martin William R and Martin Barbara W
Bought by
Longrun Equity Llc
Seller's Agent
Alicen Phillips
Country Club Prop. / Mt. Fresh
Buyer's Agent
Betty Holt
Berkshire Hathaway HomeServices Meadows Mountain Realty
List Price
$369,000
Sold Price
$265,000
Premium/Discount to List
-$104,000
-28.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-22.02%

Purchase Details

Listed on
Jun 8, 2014
Closed on
Aug 22, 2014
Sold by
Deutsche Bank National Tr Co
Bought by
Martin William R
Buyer's Agent
Frank Moffitt
Moffitt Real Estate
List Price
$91,000
Sold Price
$91,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.65%
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
Gibson William Craig $95,000 None Listed On Document
Gibson William Craig $95,000 None Listed On Document
Feyerabend Joey Lawrence $65,000 None Listed On Document
Longrun Equity Llc $265,000 None Available
Martin William R $91,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Feyerabend Joey Lawrence $48,750
Previous Owner Long Run Equity Llc $274,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $65,000 -35.0% $74 / Sq Ft
04/05/2023 04/05/23 For Sale $100,000 -62.3% $113 / Sq Ft
09/29/2017 09/29/17 Sold $265,000 -28.2% $300 / Sq Ft
09/18/2017 09/18/17 Pending -- -- --
06/29/2016 06/29/16 For Sale $369,000 +305.5% $417 / Sq Ft
09/04/2014 09/04/14 Sold $91,000 0.0% $38 / Sq Ft
08/05/2014 08/05/14 Pending -- -- --
06/13/2014 06/13/14 For Sale $91,000 -- $38 / 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 -- $69,060 $69,060 $0
2023 $200 $69,060 $69,060 $0
2022 $1,911 $376,400 $47,390 $329,010
2021 $1,911 $419,200 $47,390 $371,810
2020 $1,805 $419,200 $47,390 $371,810
2018 $1,767 $464,670 $72,190 $392,480
2017 $0 $464,670 $72,190 $392,480
2016 $1,767 $464,670 $72,190 $392,480
2015 $1,595 $464,670 $72,190 $392,480
2014 $1,924 $642,980 $151,880 $491,100
2013 -- $642,980 $151,880 $491,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 101799

APN: 7520550177