NOT LISTED FOR SALE

81 Edwards Ln Highlands, NC 28741

Estimated Value: $2,910,835 - $3,257,000

3 Beds
3.5 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold December 11, 2020

Last sale price $1,925,000

Est. 59% increase in value since last sale

Current estimated payment $17,529/month

Highlights

  • Gated Community
  • Built-In Refrigerator
  • Deck
  • View of Trees or Woods
  • Community Lake
  • Marble Flooring

About This Home

As of December 2020

Located in the premier Old Edwards community of Satulah, this wonderful home has been well cared for and is an easy walk to everything Highlands has to offer. With a stone and wood facade, the home has a European flair. The manicured front features stone paver in the driveway and large walking stones to the front door. The living room is large and boasts cathedral ceilings with wood beams, gleaming hardwood floors and beautiful built-ins beside the stone fireplace. French doors draw you outside to the screened porch with a second fireplace. In addition, there is a stone patio and a beautiful water feature that flows by the home. The dining room has coffered wood ceiling and flows easily to the living room and kitchen. The kitchen has custom cabinetry, granite countertops and a glass subway patterned backsplash. The master suite is a delight with his and her closets plus a bath featuring Carrera tile. Upstairs there is a sitting area/loft which is perfect for an office or great for children to play. On this upper level there are two large guest suites. The community is gated and has a wonderful common area with pond and fire pit. This is HIghlands at its finest. Wonderful architecture, quality craftsmanship and perfect location!

Last Agent to Sell the Property

Judy Michaud

Berkshire Hathaway HomeServices Meadows Mountain Realty Brokerage Phone: 8285261717 Listed on: 09/11/2020

Berkshire Hathaway HomeServices Meadows Mountain Realty

Co-Listed By

Mitzi Rauers

Berkshire Hathaway HomeServices Meadows Mountain Realty Brokerage Phone: 8285261717

Last Buyer's Agent

Judy Michaud

Berkshire Hathaway HomeServices Meadows Mountain Realty Brokerage Phone: 8285261717 Listed on: 09/11/2020

Berkshire Hathaway HomeServices Meadows Mountain Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,696

Year Built

  • Built in 2010

Lot Details

  • 3,049 Sq Ft Lot
  • Cleared Lot

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Frame Construction
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wired For Sound
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Screened Porch
  • Views of Woods
  • Home Security System
  • Dryer

Kitchen

  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Attached Garage
  • 1 Carport Space
  • Driveway

Outdoor Features

  • Deck
  • Outdoor Water Feature
  • Outdoor Fireplace

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 7449396576

Community Details

Overview

  • Satulah Village South Subdivision
  • Community Lake

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,696

Year Built

Built in 2010

Lot Details

3,049 Sq Ft Lot

HOA Fees

$500 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Co List Office Mls Id: 14
  • Co List Office Phone: 828-526-1717
  • Subdivision Name: Satulah Village - South
  • Directions: From Main Street Highlands- turn Up the Hill towards Hwy 28. At top of hill go straight on Satulah Road. Turn right into Satulah- The Private Residences at the Old Edwards Inn & Spa. Go around the circle- 2nd Cottage from the right #81
  • Architectural Style: Craftsman
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2010
  • Attribution Contact: 8285261717
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Refrigerator, Dryer, Dishwasher, Disposal, Gas Oven, Microwave, Warming Drawer, Washer
  • Has Basement: Crawl Space, Exterior Entry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Masonry, Outside, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Other, Walk-In Closet(s), Wired for Sound

Exterior Features

  • Lot Features: Cleared, Level
  • View: Trees/Woods
  • View: Yes
  • Construction Type: Frame, Stone, Wood Siding
  • Exterior Features: None, Satellite Dish, Water Feature
  • Patio And Porch Features: Rear Porch, Covered, Deck, Screened
  • Roof: Wood

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Attached, Carport, Driveway, Parking Lot

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available, Satellite Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Lake, Other
  • Association Fee: 6000.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 3049.2
  • Parcel #: 7449396576
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 8696.04
  • Tax Lot: 2
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Dec 11, 2020
Sold by
Rhodes Paul T and Rhodes June B
Bought by
Schlapkohl Peter and Schlapkohl Susan H
Seller's Agent
Judy Michaud
Berkshire Hathaway HomeServices Meadows Mountain Realty
Buyer's Agent
Judy Michaud
Berkshire Hathaway HomeServices Meadows Mountain Realty
List Price
$2,000,000
Sold Price
$1,925,000
Premium/Discount to List
-$75,000
-3.75%
Current Estimated Value
$3,067,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,142,459
Avg. Annual Appreciation
9.17%

Purchase Details

Listed on
Jun 20, 2013
Closed on
Oct 21, 2013
Sold by
Pettway George H
Bought by
Rhodes Paul T and Trust June B Rhodes
Buyer's Agent
Judy Michaud
Berkshire Hathaway HomeServices Meadows Mountain Realty
List Price
$1,500,000
Sold Price
$1,225,000
Premium/Discount to List
-$275,000
-18.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%

Purchase Details

Closed on
Jun 10, 2010
Sold by
Pettway George H and Pettway Bonnie H
Bought by
Pettway George H and George H Pettway Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 4, 2010
Sold by
Old Edwards Development Llc
Bought by
Pettway George H and George H Pettway Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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

Date Buyer Sale Price Title Company
Schlapkohl Peter $1,925,000 None Available
Rhodes Paul T $1,225,000 None Available
Pettway George H -- --
Pettway George H $1,050,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pettway George H $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2020 12/11/20 Sold $1,925,000 -3.8% --
10/12/2020 10/12/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $2,000,000 +63.3% --
10/23/2013 10/23/13 Sold $1,225,000 -18.3% -- View Prior Sale
09/22/2013 09/22/13 Pending -- -- --
06/20/2013 06/20/13 For Sale $1,500,000 -- --
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 $7,647 $1,923,480 $250,000 $1,673,480
2024 -- $1,923,480 $250,000 $1,673,480
2023 $9,083 $1,923,480 $250,000 $1,673,480
2022 $9,083 $1,530,300 $250,000 $1,280,300
2021 $9,083 $1,530,300 $250,000 $1,280,300
2020 $8,696 $1,530,300 $250,000 $1,280,300
2018 $7,346 $1,384,240 $250,000 $1,134,240
2017 $7,346 $1,384,240 $250,000 $1,134,240
2016 $7,346 $1,384,240 $250,000 $1,134,240
2015 $7,323 $1,384,240 $250,000 $1,134,240
2014 $4,894 $1,100,830 $50,000 $1,050,830
2013 -- $1,088,150 $50,000 $1,038,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 94685

APN: 7449396576

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