$410,000
SOLD MAR 6, 2022

Lot 1 Club Dr Cashiers, NC 28717

2.05 Acres
$200,000 Price per Acre
89,298 Sq Ft Lot

Recently Sold

17% Below List Price

96 Days on Market

Highlights

  • Fitness Center
  • 2.05 Acre Lot
  • Community Lake
  • Gated Community
  • Mountain View
  • Clubhouse

About This Lot

As of March 2022

Located in the much-desired gated community of Chattooga Club, just out of Cashiers and squarely in the middle of high-end neighborhoods such as Wade Hampton and High Hampton, this lot is quite likely the best "water" property in the entire area. The falls of Fowler Creek lie just below, offering the full rushing water amenity that so many buyers desire. The 2.05 acre lot is relatively flat and buildable and, depending on where the new owner decides to build, offers a potential Whiteside Mountain view as well. It offers pretty much everything a discerning buyer will want, but at a price far below the numbers people are paying for lots just down the road--and those lots don't have the added advantage of being on a waterfall. The current owners are, included in the price, willing to share the architectural work they have done, giving a new owner a heads up on the process from the beginning. Recent survey work and septic evaluation are also included. The current owners looked for years for the best "audible water" lot they could find, and this was it, but circumstances changed, resulting in this availability. Highlighted in recent issues of both Garden and Gun and Robb Report, the area is one of the most talked-about spots in the Southeast. And for good reason. This lot at this price--with this added water advantage--is absolutely worth a look! Membership in Chattooga Club is not required, but if desired (pending the proper application and approval process) would be a great plus.

Last Agent to Sell the Property

Bert Mobley

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 11/09/2021

Highlands Sotheby's International Realty - DT

Last Buyer's Agent

Dorothy Swearingen

NCMountainLife.com

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,815

Lot Details

  • 2.05 Acre Lot
  • Home fronts a stream
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $204 Monthly HOA Fees

Additional Features

  • Mountain Views
  • Private Water Source

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 7571-92-7228

Community Details

Overview

  • Community Lake

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,815

Lot Details

0

HOA Fees

$204 per month

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 2.05
  • Water Body Name: Fowler Creek
  • Directions: From Cashiers, take 107 south past High Hampton. Immediately past the Historical Society, take a right into Chattooga Club: gate code required (call listing office or agent). Bear left at the first intersection and cross the bridge. The lot begins on the right. Continue up the hill and bear right: the lot continues on the right, ending at the electrical box (see survey tape).
  • Carport Y N: No
  • Garage Yn: No
  • Attribution Contact: 8285268300
  • PropertySubTypeAdditional: Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Level, Other, Rolling Slope, Wooded, Waterfall
  • Pool Features: Community
  • View: Mountain(s), Other, Creek/Stream
  • View: Yes
  • Waterfront Features: Stream
  • Exterior Features: Barbecue

Utilities

  • Sewer: Septic Permit 5 or More Bedroom, Sewer Applied for Permit
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated, Lake, Park, Pool, Tennis Court(s), Trails/Paths
  • Association Fee: 2450.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 89298.0
  • Parcel #: 7571-92-7228
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 1814.85
  • Tax Lot: 1
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2021
Closed on
Mar 7, 2022
Sold by
Herrington Paul D and Herrington Terri L
Bought by
Cook Allan Bruce and Cook Barbara Ann
Seller's Agent
Bert Mobley
Highlands Sotheby's International Realty - DT
Buyer's Agent
Dorothy Swearingen
NCMountainLife.com
List Price
$495,000
Sold Price
$410,000
Premium/Discount to List
-$85,000
-17.17%
Current Estimated Value
$497,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,168
Avg. Annual Appreciation
5.70%

Purchase Details

Listed on
Aug 3, 2020
Closed on
Mar 5, 2021
Sold by
Warren Lindsey and Warren Stacy R
Bought by
Herrington Paul D and Herrington Terri L
Seller's Agent
Linda Pridgen
Silver Creek Real Estate Group, Inc.
Buyer's Agent
Bert Mobley
Highlands Sotheby's International Realty - DT
List Price
$395,000
Sold Price
$350,000
Premium/Discount to List
-$45,000
-11.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.96%
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 Type Sale Price Title Company
Warranty Deed $410,000 Coward Hicks & Siler Pa
Warranty Deed $350,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $303,000 Unknown
Previous Owner $288,392 Unknown
Previous Owner $301,500 Unknown
Previous Owner $307,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2022 03/06/22 Sold $410,000 -17.2% --
02/15/2022 02/15/22 Pending -- -- --
11/10/2021 11/10/21 For Sale $495,000 +41.4% --
03/04/2021 03/04/21 Sold $350,000 -11.4% --
02/25/2021 02/25/21 Pending -- -- --
08/04/2020 08/04/20 For Sale $395,000 -- --
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 $1,805 $475,000 $475,000 $0
2024 $1,710 $450,000 $450,000 $0
2023 $1,842 $450,000 $450,000 $0
2022 $1,842 $450,000 $450,000 $0
2021 $1,752 $450,000 $450,000 $0
2020 $1,815 $450,000 $450,000 $0
2019 $1,815 $450,000 $450,000 $0
2018 $1,815 $450,000 $450,000 $0
2017 $1,770 $450,000 $450,000 $0
2015 $1,788 $450,000 $450,000 $0
2011 -- $600,000 $600,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 97880

APN: 7571-92-7228