NOT LISTED FOR SALE

881 Flat Mountain Estates Rd Highlands, NC 28741

Estimated Value: $893,000 - $1,123,899

3 Beds
2 Baths
-- Sq Ft
1.17 Acres

Last Sold May 03, 2017

Last sale price $435,000

Est. 131% increase in value since last sale

Current estimated payment $5,746/month

209 Days on Market

Highlights

  • Mountain View
  • Cathedral Ceiling
  • Circular Driveway
  • Deck
  • Wood Flooring
  • Cul-De-Sac

About This Home

As of May 2017

View, Views, Views, plus the privacy of being at the end of the cu-de-sac! Located in the desirable neighborhood of Flat Mountain Estates. Enjoy entertaining your friends and family off the large deck as you watch the most glorious sunsets or bring them inside to sit by the cozy/ warm huge stone wood burning floor to ceiling fireplace. One of the BEST mountain views anywhere and close to Highlands! Would also be a good rental income opportunity. Priced right and ready sell!

Last Agent to Sell the Property

Mitzi Rauers

Berkshire Hathaway HomeServices Meadows Mountain Realty Brokerage Phone: 8285261717 Listed on: 08/19/2016

Berkshire Hathaway HomeServices Meadows Mountain Realty

Last Buyer's Agent

David Bee

Prestige Realty Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,014

Year Built

  • Built in 1990

Lot Details

  • 1.17 Acre Lot
  • Cul-De-Sac

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Mountain Views
  • Dryer
  • Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Carport Spaces
  • Circular Driveway

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Septic Tank
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Flat Mountain Estate Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 7531702055

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,014

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.17
  • Road Surface Type: Paved
  • Subdivision Name: Flat Mountain Estate
  • Directions: 64 from Highlands towards Cashiers. Turn left onto Flat Mountain Road. Follow approximately 1.8 miles. Turn left onto Flat Mountain Estates Road. Follow to the end. Home is the last home on the Right.
  • Architectural Style: Bungalow, Craftsman
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1990
  • Attribution Contact: 8285261717
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, Pantry
  • Window Features: Skylight(s)

Exterior Features

  • Lot Features: Cul-De-Sac
  • View: Mountain(s)
  • View: Yes
  • Construction Type: Frame, Wood Siding
  • Patio And Porch Features: Rear Porch, Deck
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 2.0
  • Covered Parking Spaces: 2.0
  • Parking Features: Circular Driveway, Carport, Gravel

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric, Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Private

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 50965.2
  • Parcel #: 7531702055
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 2013.7
  • Tax Lot: 10
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2016
Closed on
May 1, 2017
Sold by
Perry Steven Richard and Perry Elizabeth Walker
Bought by
Marchiselli Robyn
Seller's Agent
Mitzi Rauers
Berkshire Hathaway HomeServices Meadows Mountain Realty
Buyer's Agent
David Bee
Prestige Realty Group, LLC
List Price
$494,500
Sold Price
$435,000
Premium/Discount to List
-$59,500
-12.03%
Current Estimated Value
$1,006,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$571,225
Avg. Annual Appreciation
10.84%
Original Mortgage
$209,000
Outstanding Balance
$176,051
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$842,717

Purchase Details

Closed on
Feb 12, 2013
Sold by
Perry Steven R and Perry Elizabeth Walker
Bought by
Perry Steven Richard
Source: Public Records

Range of Values:

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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
Marchiselli Robyn $435,000 None Available
Perry Steven Richard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marchiselli Robyn $209,000
Previous Owner Perry Steven R $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2017 05/03/17 Sold $435,000 -12.0% --
03/17/2017 03/17/17 Pending -- -- --
08/19/2016 08/19/16 For Sale $494,500 -- --
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 -- $776,090 $259,350 $516,740
2023 $2,270 $776,090 $259,350 $516,740
2022 $2,270 $502,800 $196,560 $306,240
2021 $2,270 $502,800 $196,560 $306,240
2020 $2,143 $502,800 $196,560 $306,240
2018 $2,014 $533,270 $151,200 $382,070
2017 $0 $533,270 $151,200 $382,070
2016 $2,014 $533,270 $151,200 $382,070
2015 $1,991 $533,270 $151,200 $382,070
2014 $2,288 $769,520 $298,280 $471,240
2013 -- $769,520 $298,280 $471,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 84634

APN: 7531702055