NOT LISTED FOR SALE

891 Cobb Rd Highlands, NC 28741

Estimated Value: $4,254,553 - $5,491,000

4 Beds
4.5 Baths
288 Sq Ft
$16,487/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $2,150,000 $7,465 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $25,883/month

19 Days on Market

Highlights

  • Lake Front
  • Built-In Refrigerator
  • Vaulted Ceiling
  • Docks
  • Deck
  • Wood Flooring

About This Home

As of May 2019

Immerse yourself in this tranquil lakefront setting and live in this thoughtfully designed home situated on one of the most desired streets in Highlands Country Club. Quiet and secluded with a long driveway, the home is barely visible from the road. This idyllic retreat, is designed to offer views of nature, mature landscaping and tranquil views of the lake from almost every window. An open floorplan & quality features, including gleaming oak flooring, native stone fireplace, tall windows and a vaulted ceiling lined with timber to add a dramatic tone to the living area The quietly sophisticated ambience of the formal dining room sets a benchmark in gracious living whether you are enjoying a candlelit dinner for two or enjoying the company of friends. A spacious, well-appointed kitchen with beautiful cabinetry, spacious granite countertops and tile backsplash, designed to suit all occasions from entertaining guests to relaxing after a day at work or play. The orientation of the home ensures natural light is maximized and offers the flexibility of additional living spaces, with a keeping room off the kitchen complete with gas fireplace, stunning carved wood bar and casual dining area. Step out of your kitchen and living area to a welcoming deck overlooking the lake where there is plenty of space to entertain a crowd or just spend a quiet morning with a cup of coffee and a good book. This well-planned house allows a seamless flow between indoors and outdoors, ideal for entertaining. The luxurious master suite has 5 star written all over it. His and her closets with handsome built-in wardrobes and a recently remodeled, lavish master bath. A two-car garage is connected to the house for easy access with packages. The spacious one-bedroom guest house above is so comfortable that guests will want to stay forever. Beautiful gardens are an ideal backdrop for the outdoor living areas which includes a lovely yard, a firepit to enjoy on those cool summer evenings.

Last Agent to Sell the Property

Judy Michaud

Berkshire Hathaway HomeServices Meadows Mountain Realty Brokerage Phone: 8285261717 Listed on: 03/01/2019

Berkshire Hathaway HomeServices Meadows Mountain Realty

Last Buyer's Agent

Susie DeVille

deVille Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,185

Year Built

  • Built in 1972

Lot Details

  • 1.21 Acre Lot
  • Lake Front
  • Lot Has A Rolling Slope
  • Garden

HOA Fees

  • $116 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Living Room with Fireplace
  • Screened Porch
  • Lake Views
  • Partially Finished Basement
  • Exterior Basement Entry
  • Home Security System
  • Dryer

Kitchen

  • Double Oven
  • Propane Cooktop
  • Built-In Refrigerator
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Docks
  • Deck
  • Fire Pit

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Community Details

  • Highlands CC Subdivision

Listing and Financial Details

  • Tax Lot 43 & 1/2 44
  • Assessor Parcel Number 7530723987

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,185

Year Built

Built in 1972

Lot Details

0

HOA Fees

$116 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.21
  • Road Surface Type: Paved
  • Water Body Name: Lake Sequoyah
  • Subdivision Name: Highlands CC
  • Directions: Highway 106 to the second Cobb Road (if you are coming from Highlands). The home will be on the left.
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1972
  • Attribution Contact: 8285261717
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Built-In Refrigerator, Double Oven, Dryer, Dishwasher, Disposal, Propane Cooktop, Washer
  • Has Basement: Exterior Entry, Concrete, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Den, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Separate/Formal Dining Room, Garden Tub/Roman Tub, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Skylight(s), Window Treatments

Exterior Features

  • Lot Features: Level, Rolling Slope
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Construction Type: Stone, Wood Siding
  • Exterior Features: Dock, Fire Pit, Garden
  • Foundation Details: Block
  • Other Structures: Guest House
  • Patio And Porch Features: Rear Porch, Covered, Deck, Screened

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Detached, Garage, Two Car Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1397.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 52707.6
  • Parcel #: 7530723987
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 10184.91
  • Tax Lot: 43 & 1/2 44
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2019
Closed on
May 6, 2019
Sold by
Reames Walter F and Reames Amanda
Bought by
Hope Family Lake Home Llc
Seller's Agent
Judy Michaud
Berkshire Hathaway HomeServices Meadows Mountain Realty
Buyer's Agent
Susie DeVille
deVille Realty Group
List Price
$2,495,000
Sold Price
$2,150,000
Premium/Discount to List
-$345,000
-13.83%
Current Estimated Value
$4,748,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,598,138
Avg. Annual Appreciation
12.69%

Purchase Details

Closed on
Mar 19, 2002
Sold by
Mcafee Dwayne L Trustee
Bought by
Reames Walter F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hope Family Lake Home Llc $2,150,000 None Available
Reames Walter F $1,650,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2019 05/10/19 Sold $2,150,000 -13.8% $7,465 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $2,495,000 -- $8,663 / Sq Ft
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 $11,554 $3,303,750 $1,000,000 $2,303,750
2024 $6,624 $1,792,270 $1,000,000 $792,270
2023 $12,342 $2,320,220 $1,000,000 $1,320,220
2022 $12,342 $2,085,510 $1,000,000 $1,085,510
2021 $12,342 $2,086,010 $1,000,000 $1,086,010
2020 $11,815 $2,086,010 $1,000,000 $1,086,010
2018 $10,185 $1,926,290 $1,200,000 $726,290
2017 $10,185 $1,926,290 $1,200,000 $726,290
2016 $11,734 $2,222,090 $1,200,000 $1,022,090
2015 $11,711 $2,222,090 $1,200,000 $1,022,090
2014 $11,283 $2,559,550 $1,422,960 $1,136,590
2013 -- $2,559,550 $1,422,960 $1,136,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 90280

APN: 7530723987