NOT LISTED FOR SALE

781 Split Rail Row Highlands, NC 28741

Estimated Value: $2,872,000 - $3,983,193

5 Beds
5.5 Baths
-- Sq Ft
3.63 Acres

Last Sold September 29, 2020

Last sale price $1,700,000

Est. 111% increase in value since last sale

Current estimated payment $20,949/month

Highlights

  • Panoramic View
  • 3.63 Acre Lot
  • Cathedral Ceiling
  • Gated Community
  • Deck
  • Wood Flooring

About This Home

As of September 2020

Beatrice Potter has a bedroom in this magical and whimsical home full of energy and joy! The amazing view is so surreal it feels as though you are on another planet! Striking distance to downtown Highlands, you feel as though you are in the middle of Yosemite! Freshly maintained with new paint, new full house air conditioning, new lighting fixtures, a waterfall feature and beautiful landscaping, this family home is ready for your so jump in and start making memories. Only minutes to the quaint downtown area of Highlands, North Carolina, you can enjoy the five star restaurants, world-class shopping, art galleries and theatre.

Last Agent to Sell the Property

Josephine Lovell

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 08/13/2020

Highlands Sotheby's International Realty - DT

Last Buyer's Agent

Terry Potts

Country Club Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,299

Year Built

  • Built in 1976

Lot Details

  • 3.63 Acre Lot
  • Steep Slope
  • Garden

Property Views

  • Panoramic
  • Mountain

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Unfinished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Crawl Space

Parking

  • Attached Garage
  • 1 Carport Space

Outdoor Features

  • Deck
  • Outdoor Water Feature

Utilities

  • Central Air
  • Baseboard Heating
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 7550513203

Community Details

Overview

  • No Home Owners Association
  • Sagee Mountain Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,299

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.63
  • Road Surface Type: Paved
  • Subdivision Name: Sagee Mountain
  • Directions: From downtown Highlands head east on Horse Cove Road. Turn left on Bowery Road for 1.4 miles and turn right on Spilt Rail Road. The home will be on the left through a gated drive.
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1976
  • Attribution Contact: 8285268300
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Crawl Space, Exterior Entry, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Living Room, Other, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Cathedral Ceiling(s), Kitchen Island, Walk-In Closet(s)

Exterior Features

  • Lot Features: Borders National Forest, Partially Cleared, Rolling Slope, Rock Outcropping, Steep Slope
  • View: Mountain(s), Panoramic, Rocks
  • View: Yes
  • Construction Type: Frame, Stone, Stucco, Wood Siding
  • Exterior Features: Garden, Water Feature
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Roof: Metal

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Multi-Fuel
  • Heating Yn: Yes
  • Sewer: Other, Septic Tank
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Near National Forest, Trails/Paths
  • Association: No

Lot Info

  • Lot Size Sq Ft: 158122.8
  • Parcel #: 7550513203
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 11299.17
  • Tax Lot: 3
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Sep 29, 2020
Sold by
Omapa Limited Partnership
Bought by
Kimmel Rebecca and 781 Split Rail Row Land Trust
Seller's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
Buyer's Agent
Terry Potts
Country Club Properties
List Price
$1,750,000
Sold Price
$1,700,000
Premium/Discount to List
-$50,000
-2.86%
Current Estimated Value
$3,589,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,889,064
Avg. Annual Appreciation
14.68%
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
Kimmel Rebecca $1,700,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2020 09/29/20 Sold $1,700,000 -2.9% --
09/15/2020 09/15/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $1,750,000 -- --
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
2024 -- $3,121,940 $1,100,000 $2,021,940
2023 $13,520 $3,121,940 $1,100,000 $2,021,940
2022 $13,520 $2,286,710 $1,100,000 $1,186,710
2021 $10,872 $1,835,280 $1,100,000 $735,280
2020 $11,299 $1,994,150 $1,100,000 $894,150
2018 $9,847 $1,861,850 $1,100,000 $761,850
2017 $0 $1,861,850 $1,100,000 $761,850
2016 $9,847 $1,861,850 $1,100,000 $761,850
2015 $9,824 $1,861,850 $1,100,000 $761,850
2014 $8,724 $1,975,290 $750,000 $1,225,290
2013 -- $1,975,290 $750,000 $1,225,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 94343

APN: 7550513203