NOT LISTED FOR SALE

579 Chestnut St Highlands, NC 28741

Estimated Value: $1,066,000 - $1,423,000

2 Beds
1 Bath
-- Sq Ft
0.48 Acres

Last Sold May 18, 2021

Last sale price $540,000

Est. 117% increase in value since last sale

Current estimated payment $6,564/month

93 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Wood Siding
  • Traditional Architecture
  • No HOA
  • Heating System Uses Oil

About This Home

As of May 2021

This is a lovely, walk to town 2 Bedroom, 1 Bath old Highlands Cottage situated on a +/- .48 near level lot. This home has pine paneling and wood flooring, an oil furnace and is connected to public water/sewer. The home has potential to expand with an R-2 zone rating. This is the perfect home for those who want to be close to Highlands with its many shops, fine restaurants, and the Highlands Playhouse. Enjoy an easy stroll to downtown Highlands or to the Highlands Performing Arts Center located just down the street.

Last Agent to Sell the Property

Sheryl Wilson

Highlands Sotheby's International Realty Brokerage Phone: 8285268300 Listed on: 12/19/2020

Highlands Sotheby's International Realty

Last Buyer's Agent

Josephine Lovell

Highlands Sotheby's International Realty - DT

Highlands Sotheby's International Realty - DT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,146

Year Built

  • Built in 1960

Lot Details

  • 0.48 Acre Lot
  • Cleared Lot

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Window Treatments
  • Interior Basement Entry

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7540522054

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,146

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.48
  • Subdivision Name: None
  • Directions: From Highlands take North 4th Street to Chestnut Street. The house is located on the right, 579 Chestnut Street.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1960
  • Attribution Contact: 8285268300
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Cooktop, Refrigerator
  • Has Basement: Interior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Tile, Wood
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Cleared, Level
  • View: None
  • View: No
  • Construction Type: Wood Siding
  • Exterior Features: None
  • Foundation Details: Block
  • Patio And Porch Features: Rear Porch, Deck
  • Roof: Shingle

Garage/Parking

  • Parking Features: None, Paved

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Lot Info

  • Lot Size Sq Ft: 20908.8
  • Parcel #: 7540522054
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2145.72
  • Tax Lot: 0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2020
Closed on
May 14, 2021
Sold by
Irwin Douglas D and Irwin Glenda
Bought by
Colson Jennifer Barben
Seller's Agent
Sheryl Wilson
Highlands Sotheby's International Realty
Buyer's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
List Price
$625,000
Sold Price
$540,000
Premium/Discount to List
-$85,000
-13.6%
Current Estimated Value
$1,173,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$633,833
Avg. Annual Appreciation
19.20%
Original Mortgage
$518,785
Outstanding Balance
$73,898
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$1,099,935

Purchase Details

Closed on
Dec 7, 2020
Sold by
Langley Phil
Bought by
Langley Denise Irwin
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Colson Jennifer Barben $540,000 None Available
Langley Denise Irwin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colson Jennifer Barben $518,785
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2021 05/18/21 Sold $540,000 -13.6% --
04/19/2021 04/19/21 Pending -- -- --
12/20/2020 12/20/20 For Sale $625,000 -- --
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 $4,012 $994,590 $465,120 $529,470
2024 $4,012 $994,590 $465,120 $529,470
2023 $2,238 $994,590 $465,120 $529,470
2022 $2,238 $363,100 $205,970 $157,130
2021 $2,238 $363,100 $205,970 $157,130
2020 $2,146 $363,100 $205,970 $157,130
2018 $2,093 $381,410 $220,320 $161,090
2017 $2,093 $381,410 $220,320 $161,090
2016 $2,093 $381,410 $220,320 $161,090
2015 -- $381,410 $220,320 $161,090
2014 $1,384 $299,610 $165,120 $134,490
2013 -- $299,610 $165,120 $134,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 95451

APN: 7540522054