NOT LISTED FOR SALE

500 Cotswold Way Highlands, NC 28741

Estimated Value: $1,967,000 - $2,498,850

4 Beds
4.5 Baths
-- Sq Ft
2.1 Acres

Last Sold November 20, 2013

Last sale price $725,000

Est. 224% increase in value since last sale

Current estimated payment $13,050/month

403 Days on Market

Highlights

  • Panoramic View
  • Fireplace in Kitchen
  • Traditional Architecture
  • 2.1 Acre Lot
  • Deck
  • Cathedral Ceiling

About This Home

As of November 2013

Fabulous foreclosure home in The Cotswolds with wonderful mountain views. Some features include hardwood floors, custom lighting, tile floors, granite countertops, 3 stone fireplaces (living room, kitchen and deck), large deck to enjoy the views, cathedral ceilings, grand spiral staircase, formal dining room, 2 car garage. 4200 elevation. Borders USFS. Level lot. $5,000 appliance package credit with full price offers.

Last Agent to Sell the Property

Catherine Garren (MLS Only)

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 09/06/2012

Highlands Sotheby's International Realty - DT

Last Buyer's Agent

Kyle McKim

Weichert Realtors Highland Properties

Weichert Realtors Highland Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,344

Year Built

  • Built in 2008

Lot Details

  • 2.1 Acre Lot
  • Lot Has A Rolling Slope

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Circular Driveway

Property Views

  • Panoramic
  • Mountain

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace

Kitchen

  • Breakfast Bar
  • Kitchen Island
  • Fireplace in Kitchen

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Unfinished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Fireplace

Utilities

  • Zoned Heating and Cooling System
  • Private Water Source
  • Septic Tank
  • Cable TV Available

Community Details

  • The Cotswolds Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 7531607185

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,344

Year Built

Built in 2008

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.1
  • Road Surface Type: Paved
  • Subdivision Name: The Cotswolds
  • Directions: From Highlands. 64 West. Right on Webbmont. Right into the Cotswolds. House on left.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2008
  • Attribution Contact: 8285268300
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Crawl Space, Exterior Entry, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Kitchen, Living Room, Outside, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Jetted Tub, Kitchen Island, Pantry, Walk-In Closet(s)

Exterior Features

  • Lot Features: Borders National Forest, Level, Rolling Slope
  • View: Mountain(s), Panoramic
  • View: Yes
  • Construction Type: Stone, Wood Siding
  • Exterior Features: None
  • Patio And Porch Features: Covered, Deck, Porch
  • Roof: Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 91476.0
  • Parcel #: 7531607185
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 4343.93
  • Tax Lot: 5
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2012
Closed on
Nov 18, 2013
Sold by
First Citizens Bank & Trust Co
Bought by
Owens Bryan and Owens Sharon
Seller's Agent
Catherine Garren (MLS Only)
Highlands Sotheby's International Realty - DT
Buyer's Agent
Kyle McKim
Weichert Realtors Highland Properties
List Price
$915,000
Sold Price
$725,000
Premium/Discount to List
-$190,000
-20.77%
Current Estimated Value
$2,351,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,626,463
Avg. Annual Appreciation
9.71%
Original Mortgage
$417,000
Interest Rate
3.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 8, 2012
Sold by
Graham Barbara J and Graham Carey F
Bought by
First Citizens Bank & Trust Co

Purchase Details

Closed on
May 24, 2007
Sold by
B & C Mountain Development Llc
Bought by
Graham Carey E and Graham Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,075,000
Interest Rate
6.62%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 19, 2006
Sold by
Pearson Wayne and Pearson Patricia B
Bought by
B & C Mountain Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,000
Interest Rate
6.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 3, 2005
Sold by
Goffin Peter L and Goffin Cynthia
Bought by
Pearson L Wayne
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
Owens Bryan $725,000 None Available
First Citizens Bank & Trust Co $774,000 None Available
Graham Carey E -- None Available
B & C Mountain Investments Llc $485,000 None Available
B & C Mountain Investments Llc $485,000 None Available
Pearson L Wayne $3,825,000 None Available
Pearson L Wayne $382,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owens Bryan Keith $377,000
Closed Owens Bryan $417,000
Previous Owner Graham Carey E $1,075,000
Previous Owner B & C Mountain Investments Llc $321,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2013 11/20/13 Sold $725,000 -20.8% --
11/05/2013 11/05/13 Pending -- -- --
09/06/2012 09/06/12 For Sale $915,000 -- --
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
2024 -- $1,701,380 $250,000 $1,451,380
2023 $5,068 $1,701,380 $250,000 $1,451,380
2022 $5,068 $1,153,470 $250,000 $903,470
2021 $5,068 $1,153,470 $250,000 $903,470
2020 $4,776 $1,153,470 $250,000 $903,470
2018 $4,054 $1,100,210 $341,880 $758,330
2017 $0 $1,100,210 $341,880 $758,330
2016 $4,054 $1,100,210 $341,880 $758,330
2015 -- $1,100,210 $341,880 $758,330
2014 $4,344 $1,483,310 $437,350 $1,045,960
2013 -- $1,483,310 $437,350 $1,045,960
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Catherine Garren (MLS Only)

    Highlands Sotheby's International Realty - DT

    (828) 226-5870

    37 in this area

    60 Total Sales

    Catherine Garren (MLS Only)
    Section Image

  • K

    Buyer's Agent in 2013

    Kyle McKim

    Weichert Realtors Highland Properties

    (828) 526-5522

    30 in this area

    72 Total Sales

    Kyle McKim
    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 75986

APN: 7531607185

North Carolina Macon County Highlands 28741

500 Cotswold Way, Highlands, NC

This home is located at 500 Cotswold Way, Highlands, NC 28741 since 06 September 2012 and is currently estimated at $2,351,463. This property was built in 2008. 500 Cotswold Way is a home located in Macon County with nearby schools including Highlands School, Macon Middle School, and Mountain View Intermediate School.

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