NOT LISTED FOR SALE

159 Falling Water Dr Highlands, NC 28741

Estimated Value: $1,989,946 - $2,648,000

3 Beds
2.5 Baths
-- Sq Ft
27,878 Sq Ft Lot

Last Sold April 21, 2021

Last sale price $1,345,000

Est. 70% increase in value since last sale

Current estimated payment $12,508/month

92 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Views
  • Outdoor Fireplace
  • Wood Flooring
  • Home fronts a stream

About This Home

As of April 2021

This lovely home is move in ready and is in excellent condition. Level landscaped lot with Everything you need on the main level. Living room, kitchen, dining room, laundry, powder room, master bedroom and master bath. Fine quality finishes with vaulted ceilings in living kitchen and dining areas. Huge Carolina room has gas log fireplace and overlooks a wonderful rushing stream. Upstairs has a loft, office, and 2 additional bedrooms with a large hall bath. A do not miss property with lovely grounds and ready for a new owner!.

Last Agent to Sell the Property

Terry Potts

Country Club Properties Brokerage Phone: 8285262520 Listed on: 12/14/2020

Last Buyer's Agent

Pat Allen

Pat Allen Realty Group License #224082

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,774

Year Built

  • Built in 2014

Lot Details

  • 0.64 Acre Lot
  • Home fronts a stream
  • Lot Has A Rolling Slope

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Property Views

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Outdoor Fireplace

Utilities

  • Central Air
  • Heat Pump System
  • Shared Well

Community Details

  • Falling Waters Subdivision

Listing and Financial Details

  • Tax Lot VH3 & 3A
  • Assessor Parcel Number 7530203568

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,774

Year Built

Built in 2014

Lot Details

0.64 Acres

HOA Fees

$225 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.64
  • Subdivision Name: Falling Waters
  • Directions: Hwy 106 turn right onto Mountain Laurel Drive, left onto Moonlight Lane, right onto Falling Waters Drive to 159 on left. Additional access from Owl Gap Rd. to Falling Waters Drive
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 2014
  • Attribution Contact: 8285262520
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Outside
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s)

Exterior Features

  • Lot Features: Partially Cleared, Rolling Slope
  • View: Creek/Stream
  • View: Yes
  • Waterfront Features: Stream
  • Construction Type: Wood Siding
  • Exterior Features: Satellite Dish
  • Patio And Porch Features: Rear Porch, Deck
  • Roof: Shingle

Garage/Parking

  • Parking Features: Gravel, None

Utilities

  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Gas, Heat Pump
  • Heating Yn: Yes
  • Sewer: Sewer Applied for Permit
  • Utilities: High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association Fee: 2700.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 27878.4
  • Parcel #: 7530203568
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 2773.6
  • Tax Lot: VH3 & 3A
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2024
Sold by
Sieg Patricia Idelle King
Bought by
Watson Keith D and Watson Elaine M
Current Estimated Value
$2,292,982

Purchase Details

Listed on
Dec 14, 2020
Closed on
Apr 20, 2021
Sold by
Ford Mark B and Ford Teresa L
Bought by
Sieg Patricia Idelle King
Seller's Agent
Terry Potts
Country Club Properties
Buyer's Agent
Pat Allen
Pat Allen Realty Group
List Price
$1,295,000
Sold Price
$1,345,000
Premium/Discount to List
$50,000
3.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.48%
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
Watson Keith D $1,775,000 None Listed On Document
Sieg Patricia Idelle King $1,345,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2021 04/21/21 Sold $1,345,000 +3.9% --
03/18/2021 03/18/21 Pending -- -- --
12/15/2020 12/15/20 For Sale $1,295,000 -- --
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 -- $1,418,320 $284,180 $1,134,140
2024 $4,220 $1,418,320 $284,180 $1,134,140
2023 $4,208 $1,418,320 $284,180 $1,134,140
2022 $2,940 $658,660 $203,210 $455,450
2021 $2,940 $658,660 $203,210 $455,450
2020 $2,774 $658,660 $203,210 $455,450
2018 $2,411 $643,610 $134,040 $509,570
2017 $2,411 $643,610 $134,040 $509,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 95425

APN: 7530203568

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