NOT LISTED FOR SALE

415 Foreman Rd Highlands, NC 28741

Estimated Value: $1,721,000 - $2,121,000

2 Beds
1 Bath
-- Sq Ft
5.37 Acres

Last Sold September 29, 2023

Last sale price $1,750,000

Est. 13% increase in value since last sale

Current estimated payment $10,818/month

122 Days on Market

Highlights

  • View of Trees or Woods
  • Wood Flooring
  • Covered Patio or Porch
  • 5.37 Acre Lot
  • No HOA
  • 2 Car Detached Garage

About This Home

As of September 2023

This is an exceptional opportunity to own over five acres of stunning land, situated within walking distance to everything that Highlands has to offer! Immerse yourself in the vibrant cultural scene of the new Performing Arts Center, or stay active with fitness classes, swimming, or pickleball at the recreation center. Alternatively, take a short stroll to the serene Mirror Lake and enjoy a day of fishing, canoeing, or paddleboarding. The property is surrounded by a meandering creek, featuring a couple of charming waterfalls that provide a soothing backdrop for your daily routine. The cabin on the property is ideal as a getaway home or guest house and has been fully renovated to an impeccable standard. No detail has been overlooked, with a new roof, flooring, electrical, and plumbing. The home is insulated with foam and the crawlspace has been encapsulated, ensuring maximum energy efficiency. New Jeldwen windows and solid core doors have been installed throughout, providing a modern and stylish aesthetic. The updated kitchen is perfectly positioned for entertaining guests and family gatherings. The stone fireplace creates a cozy and welcoming atmosphere for winter nights, while the covered deck spanning the entire back of the home provides the perfect setting for summertime relaxation, with the sound of the creek providing a tranquil backdrop. The cabin's interior is characterized by ship lap walls, wood floors, and ceilings that add to the home's rustic charm. The bright and airy bedrooms boast generous closets and easy access to the upscale bathroom, complete with modern finishes. The property can be subdivided into four parcels each with five-bedroom septic permit. One is accessed from Foreman Rd and is surrounded by the creek, while the other is accessed from Cullasaja Drive and offers the potential for a mountain view. Overall, this property offers an exceptional opportunity to own a stunning piece of land in the heart of Highlands, with endless possibilities.

Last Agent to Sell the Property

Mitzi Rauers

Berkshire Hathaway HomeServices Meadows Mountain Realty Brokerage Phone: 8285261717 Listed on: 04/25/2023

Berkshire Hathaway HomeServices Meadows Mountain Realty

Co-Listed By

Thomas Goldacker

Berkshire Hathaway HomeServices Meadows Mountain Realty Brokerage Phone: 8285261717

Last Buyer's Agent

Mitzi Rauers

Berkshire Hathaway HomeServices Meadows Mountain Realty Brokerage Phone: 8285261717 Listed on: 04/25/2023

Berkshire Hathaway HomeServices Meadows Mountain Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,038

Year Built

  • Built in 1976

Lot Details

  • 5.37 Acre Lot
  • Home fronts a stream
  • South Facing Home
  • Lot Has A Rolling Slope

Parking

  • 2 Car Detached Garage

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Views of Woods
  • Interior and Exterior Basement Entry
  • Dryer

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • City Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1,2,3,4
  • Assessor Parcel Number 7540-33-1729

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,038

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.37
  • Co List Office Mls Id: 203
  • Co List Office Phone: 828-526-1717
  • Subdivision Name: None
  • Directions: Highway 64 E (Cashiers Road) to Foreman Road on the left. 415 is on the right.
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1976
  • Attribution Contact: 8285261717
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Disposal, Refrigerator, Washer
  • Has Basement: Exterior Entry, Encapsulated, Interior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s)

Exterior Features

  • Lot Features: Flag Lot, Rolling Slope, Subdivided, City Lot, Waterfall
  • View: Creek/Stream, Trees/Woods
  • View: Yes
  • Waterfront Features: Stream
  • Construction Type: Wood Siding
  • Direction Faces: South
  • Exterior Features: Other
  • Foundation Details: Block
  • Patio And Porch Features: Rear Porch, Covered
  • Roof: Metal

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas, None
  • Heating Yn: No
  • Sewer: Septic Permit 2 Bedroom, Sewer Applied for Permit
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 233917.2
  • Parcel #: 7540-33-1729
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 4037.96
  • Tax Lot: 1,2,3,4
  • Tax Year: 2021

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
Sep 22, 2023
Sold by
Ipfi 1 Llc
Bought by
Cloyd Investments Llc
Seller's Agent
Mitzi Rauers
Berkshire Hathaway HomeServices Meadows Mountain Realty
Buyer's Agent
Mitzi Rauers
Berkshire Hathaway HomeServices Meadows Mountain Realty
List Price
$1,995,000
Sold Price
$1,750,000
Premium/Discount to List
-$245,000
-12.28%
Views
271
Current Estimated Value
$1,968,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,839
Avg. Annual Appreciation
5.21%

Purchase Details

Listed on
Feb 24, 2021
Closed on
Apr 26, 2021
Sold by
Hendricks Karen P and Bryant Hendricks J
Bought by
Ipfi 1 Llc
Seller's Agent
Terry Potts
Country Club Properties
Buyer's Agent
Terry Potts
Country Club Properties
List Price
$895,000
Sold Price
$815,000
Premium/Discount to List
-$80,000
-8.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.95%
Original Mortgage
$652,000
Interest Rate
3.05%
Mortgage Type
Credit Line Revolving
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
Cloyd Investments Llc $1,750,000 None Listed On Document
Ipfi 1 Llc $815,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ipfi 1 Llc $652,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2023 09/29/23 Sold $1,750,000 -12.3% --
08/27/2023 08/27/23 Pending -- -- --
04/26/2023 04/26/23 For Sale $1,995,000 +144.8% --
04/26/2021 04/26/21 Sold $815,000 -8.9% -- View Prior Sale
02/26/2021 02/26/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $895,000 -- --
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 -- $1,759,170 $1,319,410 $439,760
2024 $7,004 $1,759,170 $1,319,410 $439,760
2023 $4,038 $2,324,630 $1,884,870 $439,760
2022 $4,038 $670,070 $579,960 $90,110
2021 $4,038 $670,070 $579,960 $90,110
2020 $3,868 $670,070 $579,960 $90,110
2018 $3,624 $673,810 $579,960 $93,850
2017 -- $673,810 $579,960 $93,850
2016 $3,624 $673,810 $579,960 $93,850
2015 -- $673,810 $579,960 $93,850
2014 $3,364 $751,490 $633,660 $117,830
2013 -- $751,490 $633,660 $117,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 101949

APN: 7540331729