NOT LISTED FOR SALE

516 Lower Lake Rd Highlands, NC 28741

Estimated Value: $2,919,000 - $5,759,000

6 Beds
4 Baths
-- Sq Ft
7.27 Acres Lot

Sale Details

Date Sold: April 22, 2015

Last sale price $1,331,590

Est. 248% increase in value since last sale

Current estimated payment $29,590 / mo

906 Days on Market

Highlights

  • Lake View
  • Community Lake
  • Vaulted Ceiling
  • 7.27 Acre Lot
  • Deck
  • 5-minute walk to Sunset Rock and Ravenel Park

About This Home

As of April 2015

Escape to this historic, 1920s Highlands estate & luxuriate in privacy on 7.27 +/- acres, w/an easy walk to Main St. The 4 BR/3 BA main house features gorgeous woodwork, large stone fireplace in the living & dining rooms, large country kitchen, laundry/mud room, and library. The charming, 2 BR/1 BA guest house has wood floors throughout, a claw foot tub/shower in the bathroom & an open deck.

Last Agent to Sell the Property

Susie DeVille

deVille Realty Group Brokerage Phone: 8285268118 License #190715 Listed on: 09/03/2012

Last Buyer's Agent

Alicen Phillips

Country Club Prop. / Mt. Fresh License #190827

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,400

Year Built

  • Built in 1920

Lot Details

  • 7.27 Acre Lot
  • Lot Has A Rolling Slope
  • Garden

Property Views

  • Lake
  • Woods

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Crawl Space
  • Dryer

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • 1 Carport Space
  • Circular Driveway

Outdoor Features

  • Deck
  • Patio

Utilities

  • No Cooling
  • Baseboard Heating
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 7540704995

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,400

Year Built

Built in 1920

Lot Details

7.27 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 7.27
  • Road Surface Type: Gravel
  • Subdivision Name: None
  • Directions: From Highlands' Main Street, take a left onto 6th Street and a right onto Lower Lake Road. Follow around the lake and continue on to #516 on the left. *PLEASE NOTE: THERE ARE NO SEPTIC RECORDS FOR THIS PROPERTY. WE CANNOT WARRANT THE SIZE OF THE DRAINFIELD.*
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1920
  • Attribution Contact: 8285268118
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Electric Oven, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace Features: Living Room, Other, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Separate/Formal Dining Room, Garden Tub/Roman Tub, Pantry, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Other, Partially Cleared, Rolling Slope
  • View: Lake, Trees/Woods
  • View: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Garden, Other
  • Patio And Porch Features: Deck, Patio
  • Roof: Metal

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Circular Driveway, Carport, Gravel

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake, Other, Park, Trails/Paths
  • Association: No

Lot Info

  • Lot Size Sq Ft: 316681.2
  • Parcel #: 7540704995
  • Zoning Description: Residential

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 9400.3
  • Tax Lot: 0
  • 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

Closed on
Oct 1, 1996
Sold by
Bought by
Current Estimated Value
$4,630,124
Source: Public Records
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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
-- --
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
04/22/2015 04/22/15 Sold $1,331,590 -49.8% --
02/27/2015 02/27/15 Pending -- -- --
09/03/2012 09/03/12 For Sale $2,650,000 -- --
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 -- $5,796,860 $3,635,000 $2,161,860
2024 -- $5,796,860 $3,635,000 $2,161,860
2023 $12,483 $5,796,860 $3,635,000 $2,161,860
2022 $12,483 $2,087,800 $1,000,000 $1,087,800
2021 $12,483 $2,091,600 $1,000,000 $1,091,600
2020 $11,954 $2,091,600 $1,000,000 $1,091,600
2018 $8,810 $1,645,620 $1,230,080 $415,540
2017 -- $1,881,500 $1,230,080 $651,420
2016 $10,045 $1,881,500 $1,230,080 $651,420
2015 -- $1,881,500 $1,230,080 $651,420
2014 $9,729 $2,188,250 $1,574,680 $613,570
2013 -- $2,188,250 $1,574,680 $613,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 75971

APN: 7540704995

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