NOT LISTED FOR SALE

463 Monte Vista Rd Cashiers, NC 28717

Estimated Value: $2,355,000

3 Beds
4.5 Baths
-- Sq Ft
7 Acres

Last Sold February 21, 2020

Last sale price $750,000

Est. 214% increase in value since last sale

Current estimated payment $12,997/month

109 Days on Market

Highlights

  • Spa
  • 7 Acre Lot
  • Cathedral Ceiling
  • View of Trees or Woods
  • Deck
  • Wood Flooring

About This Home

As of February 2020

MOTIVATED SELLER! Located just minutes from the Cashiers Crossroads is a very unique farmhouse on 7 +/- acres. Constructed by a local craftsman for his own enjoyment, this 3 BR, 3.5 bath home with private in-law suite apartment incorporates interior and exterior spaces for ultimate beauty and privacy right in town. The main house has a classic mountain exterior with a wraparound, partially screened porch - perfect for enjoying an estate-sized property and gardens. Inside, extensive built-ins, solid wood floors, barn doors, ship lap and white-washed tongue-and-groove ceilings are just a few of the fine carpentry details contributing to this home's cozy mountain feel. The main floor is well designed for entertaining and features a spacious eat-in kitchen with island that opens to a large family room with a wood-burning stove. The formal dining room is in view of a library/family room with ample built-in shelving. The large master suite is convenient yet private. Plus, two well-appointed guest rooms make this floor plan even more functional. For additional entertaining or a private retreat, the back yard includes a fantastic, fully enclosed pavilion-style studio/game room, complete with stone fireplace, cathedral ceiling, bar with ice, fridge, wine cooler and a covered deck with hot tub. Other incredible feature of this home are its detached 2-car garage with a mother-in-law suite apartment above, workshop, barn/shed, additional large capacity well on the property, and frontage on the paved portion of Mote Vista Road. This very level acreage in town is rare - finding it with a beautiful home and extensive, well maintained gardens, with separate quarters for guests (or income) is certainly an incredible opportunity. The convenience of in-town living with nearby shopping, fine dining, and a slate of special events on the Village Green is in high demand. This property could very well lend itself to a Bed & Breakfast, wedding venue, private estate, or rental property.

Last Agent to Sell the Property

Kati Miller

Caliber Fine Properties Brokerage Phone: 8283337446 Listed on: 10/11/2019

Co-Listed By

Ali Moody

Caliber Fine Properties Brokerage Phone: 8283337446 License #268695

Last Buyer's Agent

Michael Cox

Betsy Paul Properties, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,428

Year Built

  • Built in 1994

Lot Details

  • 7 Acre Lot
  • Cleared Lot
  • Garden

Parking

  • 2 Car Detached Garage
  • Circular Driveway

Home Design

  • Farmhouse Style Home
  • Pillar, Post or Pier Foundation
  • Shingle Roof

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Workshop
  • Screened Porch
  • Views of Woods
  • Home Security System

Kitchen

  • Convection Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Spa
  • Deck
  • Outdoor Water Feature

Farming

  • Pasture

Utilities

  • Central Air
  • Heat Pump System
  • Shared Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot C
  • Assessor Parcel Number 7572-61-4664

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,428

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 7.0
  • Co List Office Mls Id: 333
  • Co List Office Phone: 828-333-7446
  • Subdivision Name: None
  • Directions: From Cashiers Crossroads take US 64 East to Monte Vista Road on Right. Turn right and proceed .2 miles to destination on left (look for Parmelee sign).
  • Architectural Style: Farmhouse, Post and Beam
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1994
  • Attribution Contact: 8283337446
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Convection Oven, Dishwasher, Electric Oven, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s), Workshop

Exterior Features

  • Lot Features: Cleared, Level, Other, Pasture
  • View: Trees/Woods
  • View: Yes
  • Exterior Features: Garden, Satellite Dish, Water Feature
  • Foundation Details: Block, Pillar/Post/Pier
  • Other Structures: Shed(s)
  • Patio And Porch Features: Rear Porch, Covered, Deck, Front Porch, Porch, Screened
  • Roof: Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Circular Driveway, Detached, Garage, Two Car Garage, Gravel

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Gas, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 304920.0
  • Parcel #: 7572-61-4664
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 3428.28
  • Tax Lot: C
  • Tax Year: 2019

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Feb 21, 2020
Sold by
Parmelee David R and Parmelee Nancy L
Bought by
Jennings Richard G and Jennings Sarah V
Seller's Agent
Kati Miller
Caliber Fine Properties
Buyer's Agent
Michael Cox
Betsy Paul Properties, Inc.
List Price
$999,000
Sold Price
$750,000
Premium/Discount to List
-$249,000
-24.92%
Current Estimated Value
$2,355,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,605,000
Avg. Annual Appreciation
22.27%
Original Mortgage
$675,000
Outstanding Balance
$597,665
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,757,335

Purchase Details

Closed on
Jul 9, 2012
Sold by
Parmelee David R and Parmelee Frances H
Bought by
Parmelee David R
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
Jennings Richard G $750,000 None Available
Parmelee David R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jennings Richard G $675,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2020 02/21/20 Sold $750,000 -24.9% --
01/30/2020 01/30/20 Pending -- -- --
10/12/2019 10/12/19 For Sale $999,000 -- --
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 $7,319 $1,925,989 $477,240 $1,448,749
2024 $2,965 $780,340 $227,340 $553,000
2023 $2,965 $780,340 $227,340 $553,000
2022 $3,320 $780,340 $227,340 $553,000
2021 $2,965 $780,340 $227,340 $553,000
2020 $3,428 $829,230 $312,480 $516,750
2019 $3,428 $829,230 $312,480 $516,750
2018 $3,428 $829,230 $312,480 $516,750
2017 $3,345 $829,230 $312,480 $516,750
2015 $3,070 $829,230 $312,480 $516,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 92237

APN: 7572-61-4664