NOT LISTED FOR SALE

551 King Gap Rd Highlands, NC 28741

Estimated Value: $1,493,602 - $2,640,000

5 Beds
5.5 Baths
530 Sq Ft
$3,709/Sq Ft Est. Value

Sale Details

Date Sold: August 8, 2012

Last sale price $560,000 $1,057 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $10,866 / mo

668 Days on Market

Highlights

  • Home fronts a pond
  • Gated Community
  • Deck
  • Panoramic View
  • Clubhouse
  • Cathedral Ceiling

About This Home

As of August 2012

The most breathtaking, 180 degree views you will ever see! Absolutely impeccable, exquisite estate situated on an easy-laying lot. Pristine (3BR/4.5BA) main house w/features galore: his/her baths & offices, game room w/bar area, screened porch, multi-level decking, fire pit, 30K gallon Koi pond w/waterfalls & flower garden. Adorable 2BR/1BA guest house has open living/dining/kitchen & fireplace.

Last Agent to Sell the Property

Susie DeVille

deVille Realty Group Brokerage Phone: 8285268118 License #190715 Listed on: 09/21/2010

Last Buyer's Agent

Judy Michaud

Berkshire Hathaway HomeServices Meadows Mountain Realty License #136884

Berkshire Hathaway HomeServices Meadows Mountain Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,071

Year Built

  • Built in 1978

Lot Details

  • 1.44 Acre Lot
  • Home fronts a pond
  • Lot Has A Rolling Slope

Parking

  • 2 Car Garage
  • Circular Driveway

Property Views

  • Pond
  • Panoramic
  • Mountain

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Workshop
  • Screened Porch
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Propane Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Unfinished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry

Outdoor Features

  • Deck
  • Outdoor Water Feature
  • Fire Pit

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Septic Tank

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 7419535128

Community Details

Overview

  • Property has a Home Owners Association
  • King Mountain Club Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,071

Year Built

Built in 1978

Lot Details

1.44 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.44
  • Road Surface Type: Paved
  • Subdivision Name: King Mountain Club
  • Directions: Hwy. 106 South to a right into King Mountain Club (call for gate code). Follow King Gap Road to #551 on the right. Community amenities include Club House, tennis courts, and pool. Furnishings are negotiable. *Bunk room in the guest house (2nd bedroom) does not have a closet.*
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1978
  • Attribution Contact: 8285268118
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: 1028
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Disposal, Microwave, Propane Cooktop, Refrigerator, Washer
  • Has Basement: Exterior Entry, Garage Access, Interior Entry, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Living Room, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Wet Bar, Breakfast Bar, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, Jetted Tub, Walk-In Closet(s), Workshop

Exterior Features

  • Lot Features: Borders National Forest, Level, Pond on Lot, Rolling Slope
  • Pool Features: Community
  • View: Mountain(s), Panoramic, Pond
  • View: Yes
  • Waterfront Features: Pond
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Fire Pit, Other, Satellite Dish, Water Feature
  • Other Structures: Residence
  • Patio And Porch Features: Rear Porch, Deck, Porch, Screened
  • Roof: Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 62726.4
  • Parcel #: 7419535128
  • Zoning Description: Residential

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 3070.77
  • Tax Lot: 12
  • Tax Year: 2010

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 21, 2010
Closed on
Aug 3, 2012
Sold by
Bought by
Seller's Agent
Susie DeVille
deVille Realty Group
Buyer's Agent
Judy Michaud
Berkshire Hathaway HomeServices Meadows Mountain Realty
List Price
$1,375,000
Sold Price
$560,000
Premium/Discount to List
-$815,000
-59.27%
Current Estimated Value
$1,965,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,405,901
Avg. Annual Appreciation
9.43%
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
$560,000 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
Closed $100,000
Closed $220,000
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
08/08/2012 08/08/12 Sold $560,000 -59.3% $1,057 / Sq Ft
07/23/2012 07/23/12 Pending -- -- --
09/23/2010 09/23/10 For Sale $1,375,000 -- $2,594 / 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 $2,979 $870,100 $150,000 $720,100
2024 $2,979 $870,100 $150,000 $720,100
2023 $3,270 $807,990 $150,000 $657,990
2022 $3,270 $643,110 $150,000 $493,110
2021 $3,270 $689,410 $150,000 $539,410
2020 $2,811 $689,410 $150,000 $539,410
2018 $2,628 $637,020 $150,000 $487,020
2017 $2,628 $637,020 $150,000 $487,020
2016 $2,628 $637,020 $150,000 $487,020
2015 $2,605 $637,020 $150,000 $487,020
2014 $3,071 $955,020 $150,000 $805,020
2013 -- $955,020 $150,000 $805,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 71749

APN: 7419535128

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