NOT LISTED FOR SALE

56 Satulah Ridge Rd Highlands, NC 28741

Estimated Value: $844,000 - $1,412,000

3 Beds
3 Baths
1,876 Sq Ft
$590/Sq Ft Est. Value

Last Sold July 26, 2013

Last sale price $135,000 $72 Per Sq Ft

Est. 720% increase in value since last sale

Current estimated payment $6,112/month

146 Days on Market

Highlights

  • View of Trees or Woods
  • No HOA
  • 2 Car Garage
  • Deck
  • Ceiling Fan
  • Lot Has A Rolling Slope

About This Home

As of July 2013

Great starter home or investment opportunity within walking distance to Main St. Highlands. Includes a large utility building and roomy parking in back. Fannie Mae Homepath Property Purchase for as little as 3%down. Property approved for Homepath Mortgage Financing and Homepath Renovation Mortgage Financing. Sq. Footage taken from county records.

Last Agent to Sell the Property

David Bee

Prestige Realty Group, LLC Brokerage Phone: 8285269999 Listed on: 01/20/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,611

Year Built

  • Built in 1978

Lot Details

  • 0.52 Acre Lot
  • Lot Has A Rolling Slope

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Fireplace Features Masonry
  • Views of Woods
  • Partially Finished Basement
  • Interior and Exterior Basement Entry

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Heating System Uses Oil

Community Details

  • No Home Owners Association
  • Satulah Ridge Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 7449670979

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,611

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.52
  • Subdivision Name: Satulah Ridge
  • Directions: Wilson Rd to Satulah Ridge Rd on the right. #56 is on the left. Look for sign.
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1978
  • Attribution Contact: 8285269999
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: 1028
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Exterior Entry, Garage Access, Interior Entry, Other, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Lot Features: Rolling Slope
  • View: Trees/Woods
  • View: Yes
  • Construction Type: Wood Siding
  • Foundation Details: Block
  • Other Structures: Workshop
  • Patio And Porch Features: Deck
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: None
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Other
  • Association: No

Lot Info

  • Lot Size Sq Ft: 22651.2
  • Parcel #: 7449670979
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 1610.79
  • Tax Lot: 13
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2013
Closed on
Jun 21, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Jenkins Robert Samuel
Seller's Agent
David Bee
Prestige Realty Group, LLC
List Price
$162,000
Sold Price
$135,000
Premium/Discount to List
-$27,000
-16.67%
Current Estimated Value
$1,107,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$972,087
Avg. Annual Appreciation
18.76%
Original Mortgage
$193,600
Outstanding Balance
$143,474
Interest Rate
4%
Mortgage Type
Construction
Estimated Equity
$963,613

Purchase Details

Closed on
Jan 30, 2013
Sold by
Jenkins James R and Jenkins James Robert
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 7, 2006
Sold by
Jenkins Angela L
Bought by
Jenkins James Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,399
Interest Rate
6.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Jenkins Robert Samuel -- None Available
Federal National Mortgage Association $353,792 None Available
Jenkins James Robert -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jenkins Robert Samuel $193,600
Previous Owner Jenkins James Robert $289,399
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2013 07/26/13 Sold $135,000 -16.7% $72 / Sq Ft
07/10/2013 07/10/13 Pending -- -- --
01/21/2013 01/21/13 For Sale $162,000 -- $86 / Sq Ft
Source: Highlands-Cashiers Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $2,838 $694,520 $138,530 $555,990
2024 $2,838 $694,520 $138,530 $555,990
2023 $2,826 $694,520 $138,530 $555,990
2022 $2,336 $379,900 $80,870 $299,030
2021 $2,336 $379,900 $80,870 $299,030
2020 $2,240 $379,900 $80,870 $299,030
2018 $1,856 $336,160 $84,660 $251,500
2017 $1,856 $336,160 $84,660 $251,500
2016 $1,856 $336,160 $84,660 $251,500
2015 $1,833 $336,160 $84,660 $251,500
2014 $1,665 $363,780 $172,640 $191,140
2013 -- $363,780 $172,640 $191,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 76461

APN: 7449670979