$875,000
SOLD APR 29, 2025

560 N 5th St Highlands, NC 28741

2 Beds
1 Bath
354 Sq Ft
0.36 Acres

Recently Sold

$2,472 Per Sq Ft

20 Days on Market

Highlights

  • View of Trees or Woods
  • Garden
  • 4-minute walk to Kelsey-Hutchinson Founders Park
  • No HOA
  • Central Heating

About This Home

As of April 2025

CHARMING HIGHLANDS COTTAGE on COVETED NORTH 5Th STREET. Nestled in the heart of Highlands on the prestigious North 5th Street - often called the RODEO DRIVE of HIGHLANDS - this original Highlands Cottage is a rare gem in the most sought-after location. Offering 2 bedrooms and 1 bath, this cozy retreat is just steps away from world-class shopping, dining, and all the charm downtown Highlands has to offer. Enjoy level roads and sidewalks, perfect for a leisurely stroll with your dog, a morning walk with your spouse, or simply soaking in the beauty o the day. The home's secluded backyard provides a peaceful escape, offering privacy while keeping you close to everything. Whether you're looking for a weekend getaway or a perfect in-town retreat, this Highlands cottage is a truly special find. Don't miss the opportunity to own a piece of Highlands history in an unbeatable location!

Last Agent to Sell the Property

Andrea Gabbard

Highlands Sotheby's International Realty - DT Listed on: 03/11/2025

Highlands Sotheby's International Realty - DT

Last Buyer's Agent

Andrea Gabbard

Highlands Sotheby's International Realty - DT Listed on: 03/11/2025

Highlands Sotheby's International Realty - DT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,083

Year Built

  • Built in 1954

Lot Details

  • 0.36 Acre Lot
  • Garden

Interior Spaces

  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Views of Woods

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 332
  • Assessor Parcel Number 7540512516

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,083

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.36
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: not in a subdivision
  • Directions: From Old Edwards Inn - head down Main street toward N 5th Street. Turn Left onto N 5th street. #560 will be on your left. We will leave the light on for you (-;
  • New Construction: No
  • Year Built: 1954
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Masonry
  • Fireplaces: 1
  • Fireplace: Yes

Exterior Features

  • View: Other, Trees/Woods
  • View: Yes
  • Exterior Features: Garden, Private Yard

Garage/Parking

  • Parking Features: Additional Parking

Utilities

  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public, See Remarks

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7540512516
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 3083.4
  • Tax Lot: 332
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2025
Closed on
Apr 29, 2025
Sold by
Fifth Street Of Highlands Llc
Bought by
Underwood John
Seller's Agent
Andrea Gabbard
Highlands Sotheby's International Realty - DT
Buyer's Agent
Andrea Gabbard
Highlands Sotheby's International Realty - DT
List Price
$875,000
Sold Price
$875,000
Views
9
Current Estimated Value
$952,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,498
Avg. Annual Appreciation
11.98%
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 Type Sale Price Title Company
Warranty Deed $875,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2025 04/29/25 Sold $875,000 0.0% $2,472 / Sq Ft
03/31/2025 03/31/25 Pending -- -- --
03/12/2025 03/12/25 Price Changed $875,000 0.0% $2,472 / Sq Ft
03/12/2025 03/12/25 For Sale $875,000 0.0% $2,472 / Sq Ft
03/12/2025 03/12/25 Off Market $875,000 -- --
03/11/2025 03/11/25 For Sale $895,000 -- $2,528 / 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 $3,095 $760,390 $532,800 $227,590
2024 $3,095 $760,390 $532,800 $227,590
2023 $1,909 $760,390 $532,800 $227,590
2022 $1,909 $306,130 $200,450 $105,680
2021 $1,909 $307,130 $200,450 $106,680
2020 $1,832 $307,130 $200,450 $106,680
2018 $1,653 $297,480 $186,840 $110,640
2017 $1,653 $297,480 $186,840 $110,640
2016 $1,653 $297,480 $186,840 $110,640
2015 $1,630 $297,480 $186,840 $110,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 1000260

APN: 7540512516