NOT LISTED FOR SALE

223 Sequoyah Dr Highlands, NC 28741

Estimated Value: $642,000 - $922,000

2 Beds
2.5 Baths
912 Sq Ft
$884/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $430,000 $471 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,948/month

139 Days on Market

Highlights

  • Lake View
  • Deck
  • Covered Patio or Porch
  • Community Lake
  • Wood Flooring
  • Circular Driveway

About This Home

As of February 2021

Perched atop a knoll in the desirable Webbmont area and gazing over Lake Sequoyah, this 2BR/2.5BA cottage with bonus room and full bath on the lower level, is the perfect place to escape from the worries and stresses of city life. Located less than 2 miles from the center of Highlands' quaint shopping and dining district, this cottage features a stone fireplace that lends warmth to a cozy living room with wood-beams, skylight, hardwood floors and a stunning view of the lake . The partially covered expansive deck is perfect for viewing gorgeous sunsets and starry nights, lounging on a sunny day or just taking in the beauty of the lake, mountains and beautiful natural surroundings. The dining area is enhanced with a bay window and the renovated kitchen features new appliances, granite countertops and a tile backsplash. Plenty of sleeping quarters with 2 bedrooms on the upper level and flex room for additional sleeping area on lower level plus 2-1/2 baths with individual heaters and a full-size laundry room with washer & dryer. There is a large crawlspace for great storage. This home has been a popular vacation rental property for 15 years. ‘Lakeview Cottage' has had many repeat renters and can be a good income source to help offset monthly mortgage payments. The house has been well-maintained and is in a great location-close to On the Verandah restaurant!

Last Agent to Sell the Property

Julie Osborn

Pat Allen Realty Group Brokerage Phone: 8285268784 License #277868 Listed on: 09/11/2020

Co-Listed By

Pat Allen

Pat Allen Realty Group Brokerage Phone: 8285268784 License #224082

Last Buyer's Agent

Julie Osborn

Pat Allen Realty Group Brokerage Phone: 8285268784 License #277868 Listed on: 09/11/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,679

Year Built

  • Built in 1975

Lot Details

  • 0.28 Acre Lot
  • Lot Has A Rolling Slope
  • Garden

Parking

  • Circular Driveway

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Living Room with Fireplace
  • Lake Views
  • Basement
  • Interior and Exterior Basement Entry
  • Dryer

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Septic Tank
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Sequoyah Ridge Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 7530753735

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,679

Year Built

Built in 1975

Lot Details

0.28 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Co List Office Mls Id: 214
  • Co List Office Phone: 828-526-8784
  • Subdivision Name: Sequoyah Ridge
  • Directions: From Main Street in Highlands: Take Hwy 64 West towards Franklin past On the Verandah and turn right after bridge onto Webbmont Road. Turn Right onto Sequoyah Ridge Road then turn right onto Sequoyah Drive. House is #223 on right.
  • Architectural Style: Bungalow, Craftsman
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1975
  • Attribution Contact: 8285268784
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Oven, Ice Maker, Microwave, Refrigerator, Washer
  • Has Basement: Exterior Entry, Interior Entry, Partial
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Skylight(s), Window Treatments

Exterior Features

  • Lot Features: Partially Cleared, Rolling Slope
  • View: Lake
  • View: Yes
  • Disclosures: Other, Licensed Vacation Rental
  • Construction Type: Wood Siding
  • Exterior Features: Garden
  • Foundation Details: Block
  • Patio And Porch Features: Rear Porch, Covered, Deck
  • Roof: Shingle

Garage/Parking

  • Parking Features: Circular Driveway, Gravel, Parking Lot

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake, Trails/Paths
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 12196.8
  • Parcel #: 7530753735
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 1679.08
  • Tax Lot: 11
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Feb 26, 2021
Sold by
Highlands Rentals Llc
Bought by
Mountain Cay Properties Llc
Seller's Agent
Julie Osborn
Pat Allen Realty Group
Buyer's Agent
Julie Osborn
Pat Allen Realty Group
List Price
$485,000
Sold Price
$430,000
Premium/Discount to List
-$55,000
-11.34%
Current Estimated Value
$806,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,433
Avg. Annual Appreciation
13.49%

Purchase Details

Closed on
Sep 18, 2014
Sold by
Flaschner Alan Mark and Flaschner Christine Ann
Bought by
Highlands Rentals Llc

Purchase Details

Closed on
Aug 11, 2011
Sold by
Highlands Rentals Llc
Bought by
Henry William C and Henry Paige S

Purchase Details

Closed on
Aug 5, 2005
Sold by
Flaschner Mark and Flaschner Christine
Bought by
Highland Rentals Llc
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
Mountain Cay Properties Llc $430,000 None Available
Highlands Rentals Llc -- None Available
Henry William C -- None Available
Highland Rentals Llc -- None Available
Highlands Rentals Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $430,000 -11.3% $471 / Sq Ft
02/19/2021 02/19/21 Pending -- -- --
09/11/2020 09/11/20 For Sale $485,000 -- $532 / Sq Ft
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 -- $489,100 $157,250 $331,850
2024 -- $489,100 $157,250 $331,850
2023 $18 $489,100 $157,250 $331,850
2022 $1,798 $288,150 $102,820 $185,330
2021 $1,798 $288,150 $102,820 $185,330
2020 $1,679 $279,950 $102,820 $177,130
2018 $1,480 $264,460 $115,190 $149,270
2017 $1,480 $264,460 $115,190 $149,270
2016 $1,480 $264,460 $115,190 $149,270
2015 $1,457 $264,460 $115,190 $149,270
2014 $1,411 $305,700 $154,830 $150,870
2013 -- $305,700 $154,830 $150,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 94655

APN: 7530753735

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