NOT LISTED FOR SALE

333 Sequoyah Dr Highlands, NC 28741

Estimated Value: $906,000 - $1,348,000

3 Beds
2 Baths
-- Sq Ft
0.82 Acres

Last Sold October 19, 2023

Last sale price $805,000

Est. 31% increase in value since last sale

Current estimated payment $6,545/month

147 Days on Market

Highlights

  • Lake Front
  • Community Lake
  • Wood Flooring
  • Docks
  • Deck
  • Furnished

About This Home

As of October 2023

What you've always wanted- a cottage on the lake! This two-level, turn-key home is in town and not only has a fantastic view of Lake Sequoyah, but the sellers made sure the access to the lake and private dock is as easy as possible. The main level has a fully stocked, renovated kitchen, one full bath, two bedrooms, and a large living/dining room with a stone fireplace that is wood-burning. There are several entrances to the spacious, covered porch with a porch swing, plenty of other seating, dining, and a gas grill. The grill is attached to the house propane tank, which means no more lugging those portable tanks around. The lower level has a large family room, one full bath, and two large bedrooms. The utility room is also there with the gas furnace and washer and dryer. The outdoor area is ready for you to enjoy the best of mountain life. An arbor leads you down the easy stairway to the lake where you will find a private dock and boat slip- perfect for your kayak or canoe. If you're not into boating, enjoy the lake view from the covered deck, take a seat on the lake steps, or sit on the dock to get some sun. This property has three bedrooms, but the septic tank is for four bedrooms, so you may choose to add a bedroom. This home has a rental history, but not much because the sellers choose to live here half of the year, and you will also find that once you're here, you won't want to leave either. This home has no air-conditioning but has not been needed by anyone who has stayed there. Yes, it's getting warmer every year, but Highlands, NC is still one of the cooler places in the south, where you're meant to enjoy the outdoors as you live under the canopy of trees. So, have a mint julep, a glass of wine in the afternoon, or a cup of coffee in the morning on the porch while you're wrapped in a good book and a comfortable light blanket. This home has been meticulously maintained and is turn-key ready for you to take the helm.

Last Buyer's Agent

Melissa Frazier

RE/MAX Summit Properties License #329215

RE/MAX Summit Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,699

Year Built

  • Built in 1959

Lot Details

  • 0.82 Acre Lot
  • Lake Front
  • Lot Has A Rolling Slope

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Lake Views
  • Dryer

Kitchen

  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry

Outdoor Features

  • Docks
  • Deck
  • Covered Patio or Porch
  • Outdoor Water Feature
  • Arbor

Utilities

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

Community Details

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

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 7530765252

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,699

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.82
  • Road Surface Type: Paved
  • Water Body Name: Sequoyah
  • Subdivision Name: Sequoyah Ridge
  • Directions: From Main Street, take 64W towards Franklin. After the bridge at Lake Sequoyah, turn right onto Webbmont Road. Take the first right, Sequoyah Ridge. Second right (wrong way), it's the 2nd driveway. #333 is posted. If you come the correct way, you can't make the turn into the driveway.
  • Architectural Style: Bungalow, Other
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1959
  • Attribution Contact: 8285263717
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Oven, Ice Maker, Microwave, Refrigerator, Washer
  • Has Basement: Finished, Interior Entry, Other, Concrete, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Partially Cleared, Rolling Slope
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Disclosures: Licensed Vacation Rental
  • Construction Type: Fiber Cement, Frame, Wood Siding
  • Exterior Features: Dock, Other, Arbor, Water Feature
  • Patio And Porch Features: Covered, Deck, Front Porch, Other, Porch, Side Porch
  • Roof: Shingle

Garage/Parking

  • Parking Features: None, Paved

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Central, Gas
  • Heating Yn: Yes
  • Sewer: Septic Permit 4 Bedroom, Septic Tank
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake
  • Association: No

Lot Info

  • Lot Size Sq Ft: 35719.2
  • Parcel #: 7530765252
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 2699.33
  • Tax Lot: 18
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
Oct 19, 2023
Sold by
Lipskin Joanne Mataxas and Lipskin Robert
Bought by
Funderburk Dwight E and Funderburk Kathryn S
Buyer's Agent
Melissa Frazier
RE/MAX Summit Properties
List Price
$925,000
Sold Price
$805,000
Premium/Discount to List
-$120,000
-12.97%
Views
109
Current Estimated Value
$1,050,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,533
Avg. Annual Appreciation
12.62%
Original Mortgage
$644,000
Outstanding Balance
$631,336
Interest Rate
7.12%
Mortgage Type
Construction
Estimated Equity
$419,197

Purchase Details

Listed on
May 27, 2016
Closed on
Oct 28, 2016
Sold by
Khan Ishtiaq and Khan Marie
Bought by
Lipskin Joanne Mataxas and Lipskin Robert
Seller's Agent
Lynn Kimball
Berkshire Hathaway HomeServices Meadows Mountain Realty - HF
List Price
$320,000
Sold Price
$280,000
Premium/Discount to List
-$40,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.38%

Purchase Details

Closed on
Dec 15, 2010
Sold by
Khan Ishtiaq A
Bought by
Khan Ishtiaq A and Khan Virginia H

Purchase Details

Closed on
Oct 28, 2009
Sold by
Khan Virginia H
Bought by
Khan Ishtiaq A
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
Funderburk Dwight E $810,000 None Listed On Document
Funderburk Dwight E $810,000 None Listed On Document
Lipskin Joanne Mataxas $280,000 Attorney
Khan Ishtiaq A -- None Available
Khan Ishtiaq A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Funderburk Dwight E $644,000
Closed Funderburk Dwight E $644,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2023 10/19/23 Sold $805,000 -6.3% --
10/18/2023 10/18/23 Pending -- -- --
08/16/2023 08/16/23 Price Changed $859,500 -7.1% --
05/23/2023 05/23/23 For Sale $925,000 +230.4% --
11/02/2016 11/02/16 Sold $280,000 -12.5% -- View Prior Sale
10/26/2016 10/26/16 Pending -- -- --
05/27/2016 05/27/16 For Sale $320,000 -- --
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 -- $751,180 $348,340 $402,840
2024 -- $751,180 $348,340 $402,840
2023 $2,699 $486,120 $348,340 $137,780
2022 $2,699 $440,830 $250,000 $190,830
2021 $2,699 $441,830 $250,000 $191,830
2020 $2,588 $441,830 $250,000 $191,830
2018 $2,774 $511,460 $348,340 $163,120
2017 $2,774 $511,460 $348,340 $163,120
2016 $2,533 $465,520 $302,400 $163,120
2015 -- $465,520 $302,400 $163,120
2014 $3,156 $704,220 $489,600 $214,620
2013 -- $704,220 $489,600 $214,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 102178

APN: 7530765252