NOT LISTED FOR SALE

58 Sagee Woods Dr Highlands, NC 28741

Estimated Value: $3,074,000 - $3,718,000

5 Beds
4.5 Baths
5,201 Sq Ft
$668/Sq Ft Est. Value

Last Sold October 24, 2022

Last sale price $2,850,000 $548 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $19,704/month

306 Days on Market

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • Outdoor Fireplace
  • 1.87 Acre Lot
  • Marble Flooring
  • Cathedral Ceiling

About This Home

As of October 2022

Great design is not about the size of the space or the budget you spend. It is a reflection of knowing who you are and what makes you comfortable, and living confidently and happily with the objects you share in your home. Welcome to such an estate at 58 Sagee Woods Drive. This elegant home adds immense pleasure to your life by enjoying the great room with library nook, the gourmet kitchen open to the hearth room with fireplace, casual dining area and screened Carolina room with fireplace. The primary bedroom is on the main with two guest suites on the upper level, an office and flex room. A separate guest house is above the carriage house with a bedroom, morning kitchen, living area and bathroom. Sagee Woods is the “filet” section of Highlands with million dollar homes on both sides of the road leading to the most expensive estate ever sold on the entire Plateau, Sagee Manor. The beautiful landscaping and circular drive provides a great sense of arrival to this grand estate. Only minutes to the quaint downtown area of Highlands, North Carolina, you can enjoy the five star restaurants, world-class shopping, art galleries and theatre. Owner/Brokers.

Last Agent to Sell the Property

Josephine Lovell

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 11/06/2021

Highlands Sotheby's International Realty - DT

Last Buyer's Agent

Steve Castellaw

Christie's International Real Estate Highlands-Cashiers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,380

Year Built

  • Built in 2003

Lot Details

  • 1.87 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Workshop
  • Screened Porch
  • Views of Woods
  • Home Security System
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Unfinished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Outdoor Fireplace

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Sagee Mountain Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 7550410795 & 7550-41-1832

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,380

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.87
  • Road Surface Type: Paved
  • Subdivision Name: Sagee Mountain
  • Directions: From downtown Highlands head east on Horse Cove Road. Turn left onto Bowery Road. Continue on Bowery Road for approximately 1.4 miles and turn left on to Sagee Woods Drive. 58 Sagee Woods Drive is the first home on the left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2003
  • Attribution Contact: 8285268300
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Double Oven, Dryer, Dishwasher, Freezer, Disposal, Gas Oven, Ice Maker, Refrigerator, Washer
  • Has Basement: Crawl Space, Exterior Entry, Concrete, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Den, Gas Log, Living Room, Outside, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Brick, Marble, Tile, Wood
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, Kitchen Island, Walk-In Closet(s), Workshop

Exterior Features

  • Lot Features: Wooded
  • View: Trees/Woods
  • View: Yes
  • Construction Type: Stone, Wood Siding
  • Other Structures: Guest House
  • Patio And Porch Features: Front Porch, Porch, Screened
  • Roof: Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Additional Parking, Attached, Driveway, Detached, Garage, Two Car Garage, Golf Cart Garage, Paved

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 81457.2
  • Parcel #: 7550410795 & 7550-41-1832
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 9379.83
  • Tax Lot: 8
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2021
Closed on
Oct 21, 2022
Sold by
Vermeer Properties Llc
Bought by
Carmichael William B and Carmichael Elizabeth T
Seller's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
Buyer's Agent
Steve Castellaw
Christie's International Real Estate Highlands-Cashiers
List Price
$3,350,000
Sold Price
$2,850,000
Premium/Discount to List
-$500,000
-14.93%
Current Estimated Value
$3,473,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$623,653
Avg. Annual Appreciation
7.16%
Original Mortgage
$2,280,000
Outstanding Balance
$2,174,738
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,298,915

Purchase Details

Listed on
Aug 13, 2020
Closed on
Oct 7, 2020
Sold by
Mcknight James Patrick and Mcknight Deborah
Bought by
Vermeer Properties Llc
Seller's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
Buyer's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
List Price
$1,950,000
Sold Price
$1,833,333
Premium/Discount to List
-$116,667
-5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.01%

Purchase Details

Closed on
May 27, 2008
Sold by
Britt Johm M and Britt Patricia H
Bought by
Mcknight James Patrick and Mcknight Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,876
Interest Rate
5.96%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Carmichael William B $2,850,000 --
Vermeer Properties Llc -- None Available
Mcknight James Patrick $980,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carmichael William B $2,280,000
Previous Owner Mcknight James P $1,141,000
Previous Owner Mcknight James Patrick $1,141,000
Previous Owner Mcknight James P $250,000
Previous Owner Mcknight James P $908,400
Previous Owner Mcknight James Patrick $1,172,500
Previous Owner Mcknight James Patrick $176,876
Previous Owner Mcknight James Patrick $1,010,082
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2022 10/24/22 Sold $2,850,000 -14.9% $548 / Sq Ft
10/12/2022 10/12/22 Pending -- -- --
11/06/2021 11/06/21 For Sale $3,350,000 +82.7% $644 / Sq Ft
10/07/2020 10/07/20 Sold $1,833,333 -6.0% $352 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $1,950,000 -- $375 / 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
2024 $11,076 $2,675,240 $225,000 $2,450,240
2023 $10,161 $2,700,240 $250,000 $2,450,240
2022 $10,161 $1,626,960 $200,000 $1,426,960
2021 $10,161 $1,714,060 $200,000 $1,514,060
2020 $9,393 $1,654,460 $200,000 $1,454,460
2018 $7,414 $1,397,240 $205,820 $1,191,420
2017 $0 $1,397,240 $205,820 $1,191,420
2016 $7,414 $1,397,240 $205,820 $1,191,420
2015 $7,391 $1,397,240 $205,820 $1,191,420
2014 $6,691 $1,511,170 $198,880 $1,312,290
2013 -- $1,511,170 $198,880 $1,312,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 97858

APN: 7550410795