NOT LISTED FOR SALE

500 Cotswold Way Highlands, NC 28741

Estimated Value: $1,816,000 - $3,125,000

4 Beds
4.5 Baths
-- Sq Ft
2.1 Acres Lot

Sale Details

Date Sold: November 20, 2013

Last sale price $725,000

Est. 269% increase in value since last sale

Current estimated payment $16,964 / mo

424 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 License #180014 Listed on: 09/06/2012

Highlands Sotheby's International Realty - DT

Last Buyer's Agent

Kyle McKim

Weichert Realtors Highland Properties License #169237

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

2.1 Acres

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, Wine Cellar, 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

Rental Info

  • Lease Term: Other

Tax Info

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2012
Closed on
Nov 18, 2013
Sold by
Bought by
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
$2,673,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,948,725
Avg. Annual Appreciation
10.96%
Original Mortgage
$417,000
Outstanding Balance
$303,042
Interest Rate
3.6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,370,683

Purchase Details

Closed on
Aug 8, 2012
Sold by
Bought by

Purchase Details

Closed on
May 24, 2007
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Oct 3, 2005
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$725,000 None Available
$774,000 None Available
-- None Available
$485,000 None Available
$485,000 None Available
$3,825,000 None Available
$382,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $417,000
Previous Owner $1,075,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 -- $1,701,380 $250,000 $1,451,380
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

    36 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

    23 in this area

    69 Total Sales

    Kyle McKim
    Section Image
See All Agents

Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 75986

APN: 7531607185

North Carolina Macon County Highlands 28741

500 Cotswold Way, Highlands, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.