NOT LISTED FOR SALE

329 Sequoyah Dr Highlands, NC 28741

Estimated Value: $1,002,000 - $1,383,000

3 Beds
3 Baths
1,008 Sq Ft
$1,166/Sq Ft Est. Value

Last Sold August 02, 2016

Last sale price $370,000 $367 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $6,391/month

828 Days on Market

Highlights

  • Lake Front
  • Community Lake
  • Vaulted Ceiling
  • Docks
  • Wooded Lot
  • Wood Flooring

About This Home

As of August 2016

Charming log cabin home situated on Lake Sequoyah providing wonderful year-round lake views from large covered porch. Lakefront property with dock and canoe. The main living area features a floor to ceiling stone fireplace, vaulted ceilings, and hardwood floors. Recent kitchen remodel features granite counter-tops and stainless steel appliances. Bathrooms were recently remodeled as well. The master bedroom is on the Upper Level. A spacious loft for additional sleeping area or home office is also on the upper level. 2nd Master bedroom/Guest Suite on lower level w/private deck and private entrance. A third bedroom is on the main level. An excellent investment property with a strong rental history. Currently in a rental program. Close to Main Street in Highlands

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,594

Year Built

  • Built in 1982

Lot Details

  • 0.47 Acre Lot
  • Lake Front
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Garden

Home Design

  • Metal Roof
  • Log Siding

Interior Spaces

  • Furnished
  • Vaulted Ceiling
  • Stone Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Lake Views
  • Finished Basement
  • Interior and Exterior Basement Entry
  • Dryer

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Docks
  • Covered Patio or Porch

Utilities

  • No Cooling
  • Baseboard Heating
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sequoyah Ridge Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 7530765174

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,594

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.47
  • Water Body Name: Lake Sequoyah
  • Subdivision Name: Sequoyah Ridge
  • Directions: From Main Street Highlands take Hwy 64 towards Franklin. Go past the Veranda restaurant and over the bridge turn right on Webbmont Rd. On Webbmont take the first right to Sequoyah Drive. Follow the one way sign on Sequoyah Drive to the house which will be on the right. It is a shorter distance and easier access to the driveway if you go down the wrong way on Sequoyah Drive for a short distance.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1982
  • Attribution Contact: 8285264663
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Microwave, Refrigerator, Washer
  • Has Basement: Exterior Entry, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Stone
  • Fireplace: Yes
  • Flooring: Slate, Tile, Wood
  • Interior Amenities: Pantry, Vaulted Ceiling(s)
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Partially Cleared, Rolling Slope, Wooded
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Deeded Access
  • Disclosures: Licensed Vacation Rental
  • Construction Type: Log
  • Exterior Features: Dock, Garden
  • Foundation Details: Block
  • Patio And Porch Features: Rear Porch, Covered, Porch
  • Roof: Metal

Garage/Parking

  • Parking Features: None, Paved

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake, Water Access
  • Association: No

Lot Info

  • Lot Size Sq Ft: 20473.2
  • Parcel #: 7530765174
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2594.41
  • Tax Lot: 17
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2014
Closed on
Jul 18, 2016
Sold by
Harrison Jill C and Harrison Frank E
Bought by
Henze Kevin and Henze Brooke
List Price
$579,000
Sold Price
$370,000
Premium/Discount to List
-$209,000
-36.1%
Current Estimated Value
$1,174,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$804,904
Avg. Annual Appreciation
13.01%
Original Mortgage
$277,500
Outstanding Balance
$173,788
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$1,001,116

Purchase Details

Closed on
Jul 14, 2003
Sold by
Harrison Jill C
Bought by
Harrison Jill C
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
Henze Kevin $370,000 Attorney
Harrison Jill C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henze Kevin $277,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2016 08/02/16 Sold $370,000 -36.1% $367 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
03/21/2014 03/21/14 For Sale $579,000 -- $574 / 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 $2,980 $730,990 $265,640 $465,350
2024 $2,980 $730,990 $265,640 $465,350
2023 $2,517 $730,990 $265,640 $465,350
2022 $2,517 $410,800 $250,000 $160,800
2021 $2,517 $410,800 $250,000 $160,800
2020 $2,413 $410,800 $250,000 $160,800
2018 $2,594 $477,170 $262,260 $214,910
2017 $2,594 $477,170 $262,260 $214,910
2016 $2,594 $477,170 $262,260 $214,910
2015 $2,571 $477,170 $262,260 $214,910
2014 $3,226 $720,200 $442,330 $277,870
2013 -- $720,200 $442,330 $277,870
Source: Public Records

Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 78962

APN: 7530765174