NOT LISTED FOR SALE

47 Galax Ct Highlands, NC 28741

Estimated Value: $2,337,000 - $2,945,929

4 Beds
5 Baths
2,716 Sq Ft
$960/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $1,450,000 $534 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $14,466/month

About This Home

As of December 2020

This home is delightful for entertaining family or friends and exudes a warm mountain feel. Beautiful hardwood floors highlight the main level and the large great room. A separate dining room has a custom built table that seats up to twelve people. The kitchen features top of the line appliances and overlooks the great room and folding doors can close it off for privacy. There is an adjoining breakfast area to the kitchen. The large master suite is on the main level with doors opening to the deck. Two large and beautifully furnished bedrooms are on the upper level and both have large baths. An office is also located on the upper with skylights and total privacy. A 4th bedroom/bunkroom is being completed on the lower level with a full bath. It features slate floors, ship-lap walls and plaster ceiling. Two sets of custom made hickory bunk beds lend a rustic air to the light filled room that looks over the backyard. The deck overlooks a private lot which is part of the 3.38 acres that come with this property. This is part of the additional lot which is attached to the property. The two car garage is on the terrace level of this home. This home was professionally decorated, most of the furnishings stay with the home. The home is totally wired for sound. The grounds feature privacy hedges, specimen plantings, boxwoods and rhododendron. The main level HVAC unit has been replaced this year as well as a new washer. This home is in absolute "Move In" condition and when you see it, it is very obvious that it has been well cared for by the owners. This property is located in a highly desirable neighborhood with its own stocked fishing pond. It is very close to downtown Highlands which features many "fine dining" restaurants, two live playhouses, the Bascom Gallery and many luxury shops for everyone. You do not see many properties come on the market with a great floor plan, professionally decorated and in mint condition.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Dec 7, 2020
Sold by
Cromartie Thomas and Cromartie Alyson
Bought by
Tezel Ali Isik and Tezel Billye C
Seller's Agent
Steve Castellaw
Christie's International Real Estate Highlands-Cashiers
Buyer's Agent
Steve Castellaw
Christie's International Real Estate Highlands-Cashiers
List Price
$1,695,000
Sold Price
$1,450,000
Premium/Discount to List
-$245,000
-14.45%
Current Estimated Value
$2,606,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,156,482
Avg. Annual Appreciation
12.85%
Original Mortgage
$800,000
Outstanding Balance
$707,959
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$1,898,523
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tezel Ali Isik $1,450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tezel Ali Isik $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/04/2020 12/04/20 Sold $1,450,000 -14.5% -- View Prior Sale
11/03/2020 11/03/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $1,695,000 +54.1% --
04/02/2018 04/02/18 Sold $1,100,000 -24.1% -- View Prior Sale
03/01/2018 03/01/18 Pending -- -- --
04/15/2016 04/15/16 For Sale $1,450,000 -- --

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 $7,767 $1,954,250 $613,760 $1,340,490
2024 -- $1,954,250 $613,760 $1,340,490
2023 $6,805 $1,942,130 $613,760 $1,328,370
2022 $6,805 $1,141,840 $400,000 $741,840
2021 $6,805 $1,141,840 $400,000 $741,840
2020 $6,516 $1,141,840 $400,000 $741,840
2018 $0 $862,030 $352,390 $509,640
Source: Public Records

Agents Affiliated with this Home

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