NOT LISTED FOR SALE

505 King Gap Rd Highlands, NC 28741

Estimated Value: $949,000 - $1,076,000

3 Beds
2 Baths
2,156 Sq Ft
$467/Sq Ft Est. Value

Last Sold September 21, 2015

Last sale price $250,000 $116 Per Sq Ft

Est. 303% increase in value since last sale

Current estimated payment $5,626/month

253 Days on Market

Highlights

  • Gated Community
  • Community Lake
  • Deck
  • View of Trees or Woods
  • Clubhouse
  • Vaulted Ceiling

About This Home

As of September 2015

This charming, 3/2 VIEW home is ready for you to move right in and start your mountain adventure! Large open living room with a vaulted ceiling and a gas log fireplace with brick surround, well laid-out kitchen combines with breakfast dining area. A split floor-plan, Graceful arched doorways, closet space galore!All of this is enhanced by fabulous long-range westerly views—jetted tub in the master bath even has a view! House sits on almost an acre offering privacy, 1 Car Attached Garage.

Last Buyer's Agent

Betty Holt

Berkshire Hathaway HomeServices Meadows Mountain Realty

Berkshire Hathaway HomeServices Meadows Mountain Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,467

Year Built

  • Built in 2005

Lot Details

  • 0.98 Acre Lot
  • Lot Has A Rolling Slope

HOA Fees

  • $208 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Property Views

  • Woods
  • Mountain

Home Design

  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Recirculated Exhaust Fan
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Unfinished Basement

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

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Spring water is a source of water for the property
  • Private Water Source
  • Septic Tank

Listing and Financial Details

  • Tax Lot 9/10
  • Assessor Parcel Number 7419533128

Community Details

Overview

  • King Mountain Club Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,467

Year Built

Built in 2005

Lot Details

0.98 Acres

HOA Fees

$208 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.98
  • Road Surface Type: Paved
  • Subdivision Name: King Mountain Club
  • Directions: Owner-Occupied, MUST CALL to see. Call LA for gate code and lock box code, (NOT ON A SUPRA!) Follow the road (King Gap Road) up past switchback, Home will be on the RIGHT!
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2005
  • Attribution Contact: 8285264983
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Oven, Refrigerator, Washer, Water Purifier
  • Has Basement: Crawl Space, Exterior Entry, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room, Masonry
  • Fireplace: Yes
  • Flooring: Laminate, Tile
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Jetted Tub, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior Features

  • Lot Features: Partially Cleared, Rolling Slope, Rock Outcropping
  • Pool Features: Community
  • View: Mountain(s), Trees/Woods
  • View: Yes
  • Construction Type: Fiber Cement
  • Exterior Features: Barbecue, Satellite Dish
  • Foundation Details: Block
  • Patio And Porch Features: Rear Porch, Deck
  • Roof: Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, One Car Garage, Garage Door Opener, Gravel

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Private, Spring

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Lake, Pool, Tennis Court(s)
  • Association Fee: 2500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 42688.8
  • Parcel #: 7419533128
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 1466.53
  • Tax Lot: 9/10
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2019
Sold by
Deal Johnny H and Deal Deborah A
Bought by
Grimes Donna K
Current Estimated Value
$1,007,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$297,857
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$710,029

Purchase Details

Closed on
Sep 22, 2005
Sold by
Barnett C Keith and Barnett Mary Louise
Bought by
Worley Mary Louise
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
Grimes Donna K $425,000 None Available
Worley Mary Louise -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grimes Donna K $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2015 09/21/15 Sold $250,000 -23.1% $116 / Sq Ft
08/28/2015 08/28/15 Pending -- -- --
11/05/2014 11/05/14 For Sale $325,000 -- $151 / Sq Ft
Source: Highlands-Cashiers Board of REALTORS®

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 $2,091 $632,060 $75,000 $557,060
2024 $2,086 $632,060 $75,000 $557,060
2023 $2,066 $630,460 $75,000 $555,460
2022 $2,066 $426,940 $75,000 $351,940
2021 $2,066 $426,940 $75,000 $351,940
2020 $1,958 $426,940 $75,000 $351,940
2018 $1,385 $324,320 $75,000 $249,320
2017 $1,385 $324,320 $75,000 $249,320
2016 $1,385 $324,320 $75,000 $249,320
2015 $1,362 $324,320 $75,000 $249,320
2014 $1,467 $444,120 $100,000 $344,120
2013 -- $444,120 $100,000 $344,120
Source: Public Records

Agents Affiliated with this Home

  • B

    Buyer's Agent in 2015

    Betty Holt

    Berkshire Hathaway HomeServices Meadows Mountain Realty

    28 in this area

    40 Total Sales

    Betty Holt
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 80698

APN: 7419533128

North Carolina Macon County Highlands 28741

505 King Gap Rd, Highlands, NC

Not Listed for Sale

Detached

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