NOT LISTED FOR SALE

481 Center Dr Highlands, NC 28741

Estimated Value: $1,126,594 - $1,924,000

3 Beds
3.5 Baths
-- Sq Ft
0.48 Acres

Last Sold May 03, 2013

Last sale price $485,800

Est. 216% increase in value since last sale

Current estimated payment $8,288/month

1,128 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Detached Garage
  • Wood Flooring
  • Circular Driveway
  • Porch

About This Home

As of May 2013

Renovated home so close to Highlands! On Little Bearpen, just a 2-3 minute drive to Main Street. Owners bought it, reconfigured the space: large kitchen, living room (w/ fireplace), sunroom, three bedrooms and baths, all on one level with large finishable space below. Nice yard (partly fenced). Some winter view. Originally priced at $779k, most recently at $599k. A great location, a great buy!

Last Agent to Sell the Property

Bert Mobley

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 02/19/2010

Highlands Sotheby's International Realty - DT

Last Buyer's Agent

Keturah Paulk

Country Club Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,120

Year Built

  • Built in 1986

Lot Details

  • 0.48 Acre Lot

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Mountain Views
  • Basement
  • Exterior Basement Entry

Kitchen

  • Eat-In Kitchen
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • Detached Garage
  • 2 Carport Spaces
  • Circular Driveway

Outdoor Features

  • Glass Enclosed
  • Porch

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Greenwood Forest Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 7540448256

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,120

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.48
  • Subdivision Name: Greenwood Forest
  • Directions: From the middle of Highlands, 64 towards Cashiers past the ballfield. Right on Little Bearpen: to top, bearing right on Center Drive. House is fifth on the right.
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1986
  • Attribution Contact: 8285268300
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Exhaust Fan, Refrigerator
  • Has Basement: Exterior Entry, Partial
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Separate/Formal Dining Room, Eat-in Kitchen, Walk-In Closet(s)

Exterior Features

  • Lot Features: Level
  • View: Mountain(s), Seasonal View
  • View: Yes
  • Disclosures: Other
  • Construction Type: Stone, Wood Siding
  • Patio And Porch Features: Glass Enclosed, Porch
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 2.0
  • Covered Parking Spaces: 2.0
  • Parking Features: Circular Driveway, Carport, Detached, Gravel

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Other
  • Association: No

Lot Info

  • Lot Size Sq Ft: 20908.8
  • Parcel #: 7540448256
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 3120.0
  • Tax Lot: 8
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2010
Closed on
May 3, 2013
Sold by
Pihakis Nick R and Pihakis Suzanne
Bought by
Worrell James Lawson and Worrell Lu R
Seller's Agent
Bert Mobley
Highlands Sotheby's International Realty - DT
Buyer's Agent
Keturah Paulk
Country Club Properties
List Price
$675,000
Sold Price
$485,800
Premium/Discount to List
-$189,200
-28.03%
Current Estimated Value
$1,534,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,048,349
Avg. Annual Appreciation
9.46%

Purchase Details

Closed on
Jun 17, 2005
Sold by
Broadaway Rufus K and Broadaway Marion D
Bought by
Pihakis Nick R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,200
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2005
Sold by
Broadaway Rufus K and Broadaway Marion D
Bought by
Pinhakis Nick R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,200
Interest Rate
5.66%
Mortgage Type
New Conventional
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
Worrell James Lawson $486,000 None Available
Pihakis Nick R $508,000 None Available
Pinhakis Nick R $508,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pihakis Nick R $457,200
Previous Owner Pinhakis Nick R $457,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2013 05/03/13 Sold $485,800 -28.0% --
03/25/2013 03/25/13 Pending -- -- --
02/20/2010 02/20/10 For Sale $675,000 -- --
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 $3,195 $760,720 $250,000 $510,720
2024 -- $760,720 $250,000 $510,720
2023 $3,899 $760,720 $250,000 $510,720
2022 $3,899 $638,540 $250,000 $388,540
2021 $3,899 $646,440 $250,000 $396,440
2020 $3,705 $640,940 $250,000 $390,940
2018 $3,362 $623,640 $229,500 $394,140
2017 $0 $623,640 $229,500 $394,140
2016 $3,137 $580,830 $229,500 $351,330
2015 -- $580,830 $229,500 $351,330
2014 $3,229 $720,760 $231,170 $489,590
2013 -- $720,760 $231,170 $489,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 69816

APN: 7540448256