NOT LISTED FOR SALE

551 Cobb Rd Highlands, NC 28741

Estimated Value: $2,652,889 - $3,874,000

3 Beds
3 Baths
1,800 Sq Ft
$1,693/Sq Ft Est. Value

Sale Details

Date Sold: November 14, 2018

Last sale price $1,275,000 $708 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $17,152 / mo

613 Days on Market

Highlights

  • View of Trees or Woods
  • No HOA
  • Walk-In Closet
  • Wood Flooring
  • Screened Porch
  • Kitchen Island

About This Home

As of November 2018

New listing located on the Highlands Country Club campus. The quintessential blend of Old Highlands charm and five star updates. Acre lot with breathtaking gardens bordered with mature boxwood. Three bedrooms, three baths, Living Room with original stone fireplace, Owner's lounge with fireplace and large screened porch with stone fireplace. Black steel framed windows and doors Easy cart access to golf course and clubhouse..Five minutes to the town of Highlands.

Last Buyer's Agent

Steve Castellaw

Christie's International Real Estate Highlands-Cashiers License #271559

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,275

Year Built

  • Built in 1970

Lot Details

  • 1 Acre Lot
  • Garden

Parking

  • 1 Carport Space

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace
  • Screened Porch
  • Views of Woods
  • Crawl Space
  • Dryer

Kitchen

  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Highlands CC Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7530822214

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,275

Year Built

Built in 1970

Lot Details

1 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Subdivision Name: Highlands CC
  • Directions: 106 S to first entrance to Cobb Road. Right on Cobb Road to 551 Cobb Road on the right.
  • Architectural Style: Bungalow
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1970
  • Attribution Contact: 8285264321
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Oven, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Den, Living Room
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Kitchen Island, Walk-In Closet(s)

Exterior Features

  • Lot Features: Level
  • View: None, Trees/Woods
  • View: No
  • Construction Type: Brick, Wood Siding
  • Exterior Features: Garden, Satellite Dish
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch, Screened
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Carport, Paved

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 7530822214

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 4275.39
  • Tax Lot: 0
  • Tax Year: 2016

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
Feb 18, 2017
Closed on
Nov 6, 2018
Sold by
Bought by
Buyer's Agent
Steve Castellaw
Christie's International Real Estate Highlands-Cashiers
List Price
$1,395,000
Sold Price
$1,275,000
Premium/Discount to List
-$120,000
-8.6%
Current Estimated Value
$3,046,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,771,972
Avg. Annual Appreciation
12.20%

Purchase Details

Closed on
Jul 9, 2018
Sold by
Bought by

Purchase Details

Closed on
Jan 4, 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
$600,000
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
$1,275,000 None Available
-- None Available
$1,000,000 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
Previous Owner $600,000
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
04/24/2025 04/24/25 Off Market $1,275,000 -- --
11/14/2018 11/14/18 Sold $1,275,000 -8.6% $708 / Sq Ft
10/26/2018 10/26/18 Pending -- -- --
02/19/2017 02/19/17 For Sale $1,395,000 -- $775 / Sq Ft
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 $8,537 $2,151,020 $500,000 $1,651,020
2024 $8,537 $2,151,020 $500,000 $1,651,020
2023 $7,792 $2,151,020 $500,000 $1,651,020
2022 $7,792 $1,310,120 $500,000 $810,120
2021 $7,792 $1,310,120 $500,000 $810,120
2020 $7,460 $1,310,120 $500,000 $810,120
2018 $4,275 $798,090 $450,000 $348,090
2017 $4,275 $798,090 $450,000 $348,090
2016 $4,275 $798,090 $450,000 $348,090
2015 $4,252 $798,090 $450,000 $348,090
2014 $3,797 $850,350 $450,000 $400,350
2013 -- $850,350 $450,000 $400,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 85275

APN: 7530822214

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