NOT LISTED FOR SALE

425 E Ridge Rd Cashiers, NC 28717

Estimated Value: $3,039,261 - $4,376,000

4 Beds
4.5 Baths
3,712 Sq Ft
$999/Sq Ft Est. Value

Last Sold October 04, 2019

Last sale price $1,760,000 $474 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $20,612/month

92 Days on Market

Highlights

  • Panoramic View
  • Deck
  • Outdoor Fireplace
  • Gated Community
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of October 2019

This fully furnished turnkey home is situated at 4,000 feet in the prestigious Cedar Hill community, this mountaintop getaway is based on a design by renowned local designer Travis Mileti. Featuring old-school appointments throughout, including a sliding barn door to the butler's pantry, shiplap wall coverings throughout and rustic, wooden window shutters, this home is the perfect meeting of comfortable, mountain-inspired design with modern, state-of-the-art creature comforts and fixtures. A multi-level deck featuring a covered porch and prominent stone fireplace offers the ideal setting for outdoor entertaining, with breathtaking views to the east of the striking 144-foot granite cliffs of Lonesome Valley and Bald Rock - among the largest exposed rock faces in the southeast - as well as Toxaway Mountain and Sapphire Valley. If cooler weather prompts company to move indoors, the spacious lower level features a full-service wet bar and ample sleeping arrangements, with two guest rooms and a pair of bunkrooms downstairs in addition to the two master bedrooms on the upper level. The open layout kitchen conjures images of friends and family gathering around the sprawling kitchen peninsula, topped with Cambria Quartz countertops, enjoying time together over food and a glass of wine from the adjoining wet bar and wine cooler. Another imposing stone fireplace is the focal point of the great room, which features a towering cathedral ceiling and offers its own incredible views of the surrounding mountain ranges.

Last Agent to Sell the Property

Jochen Lucke

Silver Creek Real Estate Group, Inc. Brokerage Phone: 8287431999 Listed on: 06/05/2019

Last Buyer's Agent

Jochen Lucke

Silver Creek Real Estate Group, Inc. Brokerage Phone: 8287431999 Listed on: 06/05/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,658

Year Built

  • Built in 2014

Lot Details

  • 0.92 Acre Lot

HOA Fees

  • $145 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Property Views

  • Panoramic
  • Golf Course

Home Design

  • Wood Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Finished Basement
  • Heated Basement
  • Home Security System
  • Dryer

Kitchen

  • Breakfast Bar
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Fireplace

Utilities

  • Central Heating and Cooling System
  • Private Water Source

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 7582-41-9253

Community Details

Overview

  • Cedar Hill Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,658

Year Built

Built in 2014

Lot Details

0

HOA Fees

$145 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.92
  • Road Surface Type: Paved
  • Subdivision Name: Cedar Hill
  • Directions: From the Crossroads take Highway 64 East to Cedar Hill on right. Take an immediate left onto East Rochester Drive, then left on Parson's View to first right on East Ridge Road. Follow to the top and the home is at the end of the cul-de-sac on the left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2014
  • Attribution Contact: 8287431999
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Cooktop, Disposal, Ice Maker, Microwave, Wine Cooler, Washer
  • Has Basement: Finished, Heated
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Outside
  • Fireplace: Yes
  • Flooring: Stone, Wood
  • Interior Amenities: Wet Bar, Breakfast Bar, Ceiling Fan(s), Separate/Formal Dining Room, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior Features

  • Lot Features: Partially Cleared
  • View: Golf Course, Panoramic
  • View: Yes
  • Construction Type: Stone, Wood Siding
  • Exterior Features: Gas Grill, Satellite Dish
  • Patio And Porch Features: Rear Porch, Covered, Deck, Front Porch, Porch
  • Roof: Wood

Garage/Parking

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

Utilities

  • Security: Security System
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Gated, Trails/Paths
  • Association Fee: 1735.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 40075.2
  • Parcel #: 7582-41-9253
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 4658.0
  • Tax Lot: 22
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2021
Sold by
Elliott Richard and Elliott Andrea
Bought by
Elliott Richard H and Tile Richsrd H Elliott Jr Revocable Tr
Current Estimated Value
$3,707,631

Purchase Details

Listed on
Mar 30, 2018
Closed on
May 22, 2018
Sold by
Jeffrey D Allen Ret
Bought by
Richter Laurie
Seller's Agent
Jochen Lucke
Silver Creek Real Estate Group, Inc.
Buyer's Agent
Hazel Fisher
Hazel R. Fisher and Associates
List Price
$1,675,000
Sold Price
$1,625,000
Premium/Discount to List
-$50,000
-2.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.59%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Elliott Richard H -- None Available
Richter Laurie $1,625,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2019 10/04/19 Sold $1,760,000 -2.2% $474 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
06/05/2019 06/05/19 For Sale $1,799,000 +10.7% $485 / Sq Ft
05/24/2018 05/24/18 Sold $1,625,000 -3.0% $438 / Sq Ft View Prior Sale
05/15/2018 05/15/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $1,675,000 -- $451 / 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 $10,646 $2,801,567 $550,000 $2,251,567
2024 $6,905 $1,817,210 $500,000 $1,317,210
2023 $7,580 $1,817,210 $500,000 $1,317,210
2022 $7,580 $1,817,210 $500,000 $1,317,210
2021 $6,905 $1,817,210 $500,000 $1,317,210
2020 $4,657 $1,128,810 $250,000 $878,810
2019 $4,657 $1,128,810 $250,000 $878,810
2018 $4,657 $1,128,810 $250,000 $878,810
2017 $4,545 $1,128,810 $250,000 $878,810
2015 $1,866 $1,128,810 $250,000 $878,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 91152

APN: 7582-41-9253