NOT LISTED FOR SALE

5 Choctaw Ln Highlands, NC 28741

Estimated Value: $927,000 - $1,116,000

3 Beds
3.5 Baths
-- Sq Ft
1.35 Acres

Last Sold October 06, 2022

Last sale price $725,000

Est. 37% increase in value since last sale

Current estimated payment $5,532/month

5 Days on Market

Highlights

  • Fitness Center
  • Pond View
  • Deck
  • Home fronts a pond
  • Community Lake
  • Wood Flooring

About This Home

As of October 2022

The Hideaway at Choctaw combines peaceful seclusion with the convenience of being in-town. Located on a 1.35-acre lot, this home has a unique style incorporating large tree-trunk columns and embraces the location on a small private pond with multiple areas to enjoy the outdoors. The main level has a living room with gas fireplace that opens to a large, screened porch. The master suite has a stone fireplace and spacious bath with a soaking tub and shower. There is a walk-in closet as well as a walk-in lockable owner's closet. The kitchen has access to the carport and a deck and is adjacent to the dining room. Upstairs has a den, bedroom and hall bath as well as an ensuite bedroom and bath. All the baths have been recently updated. There is a firepit area, a dock on the pond and plenty of yard area to play. This cottage has rental history and will be subject to any decision made regarding future rentals in R-1 neighborhoods by the Highlands Town Board. It is being sold turnkey with furniture, appliances, kitchenware, linen with a few exclusions.

Last Agent to Sell the Property

CARL ROMBERG

Christie's International Real Estate Highlands-Cashiers Brokerage Phone: 8285264663 License #289175 Listed on: 08/28/2022

Last Buyer's Agent

Dorothy Swearingen

NCMountainLife.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,116

Year Built

  • Built in 1978

Lot Details

  • 1.35 Acre Lot
  • Home fronts a pond
  • Garden

Home Design

  • Split Level Home
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Skylights
  • Stone Fireplace
  • Living Room with Fireplace
  • Heated Enclosed Porch
  • Pond Views
  • Dryer

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Attached Garage
  • 1 Carport Space

Outdoor Features

  • Balcony
  • Deck
  • Fire Pit

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 7449271009

Community Details

Overview

  • No Home Owners Association
  • Community Lake

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,116

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.35
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: 4th Street south to a right on Cherokee Drive, right on Choctaw Road, straight on Choctaw Lane,1st driveway on the right, look for 2 stone columns with lanterns.
  • Architectural Style: Bungalow, Split Level
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Multi/Split
  • New Construction: No
  • Year Built: 1978
  • Attribution Contact: 8285264663
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space, Exterior Entry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Insert, Living Room, Primary Bedroom, Stone
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Separate/Formal Dining Room, Garden Tub/Roman Tub, Pantry, Walk-In Closet(s)
  • Window Features: Skylight(s)

Exterior Features

  • Lot Features: Level, Partially Cleared, Pond on Lot
  • Pool Features: Community
  • View: Pond
  • View: Yes
  • Waterfront Features: Pond, Deeded Access
  • Disclosures: Licensed Vacation Rental
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Balcony, Fire Pit, Garden
  • Other Structures: Shed(s)
  • Patio And Porch Features: Rear Porch, Deck, Front Porch, Heated, Porch, Screened, Balcony
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Attached, Carport, Gravel

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Septic Permit 3 Bedroom, Septic Tank
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fitness Center, Lake, Pool, Tennis Court(s), Trails/Paths, Water Access
  • Association: No

Lot Info

  • Lot Size Sq Ft: 58806.0
  • Parcel #: 7449271009
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3116.04
  • Tax Lot: 2
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2022
Closed on
Nov 7, 2022
Sold by
Sbar Shannon Jill
Bought by
Maxena Llc
Seller's Agent
CARL ROMBERG
Christie's International Real Estate Highlands-Cashiers
Buyer's Agent
Dorothy Swearingen
NCMountainLife.com
List Price
$749,000
Sold Price
$725,000
Premium/Discount to List
-$24,000
-3.2%
Current Estimated Value
$995,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,826
Avg. Annual Appreciation
11.12%

Purchase Details

Listed on
Aug 28, 2022
Closed on
Sep 30, 2022
Sold by
Beale Howard Leo and Beale Leslie L
Bought by
Sbar Shannon Jill
Seller's Agent
CARL ROMBERG
Christie's International Real Estate Highlands-Cashiers
Buyer's Agent
Dorothy Swearingen
NCMountainLife.com
List Price
$749,000
Sold Price
$725,000
Premium/Discount to List
-$24,000
-3.2%

Purchase Details

Listed on
Apr 12, 2019
Closed on
Nov 20, 2019
Sold by
Newton Peggy S
Bought by
Beale Howard Leo and Beale Leslie L
Seller's Agent
CARL ROMBERG
Christie's International Real Estate Highlands-Cashiers
Buyer's Agent
Steve Castellaw
Christie's International Real Estate Highlands-Cashiers
List Price
$489,000
Sold Price
$384,500
Premium/Discount to List
-$104,500
-21.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.73%
Original Mortgage
$307,600
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2010
Sold by
Wardlaw Parrott Virginia W and Wardlaw Virginia W
Bought by
Newton Randall M and Newton Peggy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Maxena Llc -- --
Sbar Shannon Jill $725,000 --
Beale Howard Leo $384,500 None Available
Newton Randall M $539,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beale Howard Leo $307,600
Previous Owner Newton Randall M $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2022 10/06/22 Sold $725,000 -3.2% --
09/24/2022 09/24/22 Pending -- -- --
08/28/2022 08/28/22 For Sale $749,000 +94.8% --
11/22/2019 11/22/19 Sold $384,500 -21.4% -- View Prior Sale
11/19/2019 11/19/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $489,000 -- --
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 $3,021 $739,610 $141,240 $598,370
2024 $3,021 $739,610 $141,240 $598,370
2023 $3,116 $739,610 $141,240 $598,370
2022 $3,116 $511,380 $132,680 $378,700
2021 $3,116 $512,880 $132,680 $380,200
2020 $2,986 $512,880 $132,680 $380,200
2018 $2,976 $549,990 $216,220 $333,770
2017 $0 $549,990 $216,220 $333,770
2016 $2,976 $549,990 $216,220 $333,770
2015 $2,953 $549,990 $216,220 $333,770
2014 $2,512 $557,030 $176,260 $380,770
2013 -- $557,030 $176,260 $380,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 100681

APN: 7449271009