NOT LISTED FOR SALE

724 Lost Trail Highlands, NC 28741

Estimated Value: $2,248,000 - $3,638,924

4 Beds
4 Baths
3,380 Sq Ft
$785/Sq Ft Est. Value

Last Sold November 29, 2018

Last sale price $1,034,825 $306 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $14,936/month

27 Days on Market

Highlights

  • Golf Course Community
  • Spa
  • 2.41 Acre Lot
  • Fitness Center
  • Gated Community
  • Mountain View

About This Home

As of November 2018

Unbelievable view of Whiteside Mountain adjacent to the National Forest with walking trails and waterfalls. Great family home with extreme privacy. Three great rooms, lots of decks and four bedroom suites make this a truly wonderful mountain retreat. Located inside the gates of Cullasaja Club, you can join the club at the market rate upon club approval. Cullasaja Club features a wide variety of amenities including an Arnold Palmer golf course, an elegant clubhouse with several dining venues, an outdoor pool, a fitness center with a weight room, an aerobic room, a classroom, tennis courts and a croquet lawn. This is in addition to the activities available on Lake Ravenel such as canoeing, fishing, paddle-boarding, rafting and driving around in your fishing boat with an electric motor. Located half-way between Highlands and Cashiers, you can enjoy each community in a ten minute drive. Highlands is called the Aspen of the East with its award winning restaurants, spas, art galleries, world-class shopping, a famous regional art center called the Bascom, a Playhouse, a Performing Arts Center and numerous hiking trails and waterfalls.

Last Agent to Sell the Property

Josephine Lovell

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 08/23/2018

Highlands Sotheby's International Realty - DT

Last Buyer's Agent

Dorothy Swearingen

NCMountainLife.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,907

Year Built

  • Built in 1996

Lot Details

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

HOA Fees

  • $332 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Wood Roof
  • Wood Siding

Interior Spaces

  • Furnished
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Stone Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Mountain Views
  • Exterior Basement Entry
  • Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Outdoor Features

  • Spa
  • Deck
  • Covered Patio or Porch
  • Outdoor Water Feature

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 161
  • Assessor Parcel Number 7550-57-9358

Community Details

Overview

  • Cullasaja Club Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Putting Green

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,907

Year Built

Built in 1996

Lot Details

0

HOA Fees

$332 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.41
  • Road Surface Type: Paved
  • Subdivision Name: Cullasaja Club
  • Directions: From downtown Highlands, take Hwy 64E towards Cashiers. Turn right at Cullasaja Club entrance and go past security gate. Follow Cullasaja Club Drive past clubhouse and turn left on to Lost Trail. 724 Lost Trail is at the end of the cul-de-sac on the left.
  • Architectural Style: Tri-Level
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1996
  • Attribution Contact: 8285268300
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Oven, Disposal, Microwave, Washer
  • Has Basement: Exterior Entry
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Den, Living Room, Stone
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Borders National Forest, Partially Cleared, Rolling Slope, Waterfall
  • Pool Features: Community
  • View: Mountain(s), Creek/Stream
  • View: Yes
  • Waterfront Features: Deeded Access
  • Construction Type: Frame, Stone, Wood Siding
  • Exterior Features: Garden, Water Feature
  • Patio And Porch Features: Rear Porch, Covered, Deck, Porch
  • Roof: Wood

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Two Car Garage, Paved

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Gas, Heat Pump
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Gated, Lake, Near National Forest, Pool, Putting Green, Tennis Court(s), Water Access
  • Association Fee: 3980.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 104979.6
  • Parcel #: 7550-57-9358
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 3907.32
  • Tax Lot: 161
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2018
Closed on
Nov 29, 2018
Sold by
Ishee Jonathan N and Ishee Anne
Bought by
Howard Michael and Bisso Catherine
Seller's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
Buyer's Agent
Dorothy Swearingen
NCMountainLife.com
List Price
$1,200,000
Sold Price
$1,034,825
Premium/Discount to List
-$165,175
-13.76%
Current Estimated Value
$2,654,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,619,906
Avg. Annual Appreciation
14.58%

Purchase Details

Listed on
Nov 1, 2013
Closed on
Sep 10, 2014
Sold by
Hathcock Susan Frances and Hatchcock Roy Lyn
Bought by
Ishee Jonathan N
Seller's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
Buyer's Agent
Josephine Lovell
Highlands Sotheby's International Realty - DT
List Price
$1,095,000
Sold Price
$950,000
Premium/Discount to List
-$145,000
-13.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.05%
Original Mortgage
$500,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Howard Michael $1,035,000 --
Ishee Jonathan N $950,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ishee Jonathan N $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2018 11/29/18 Sold $1,034,825 -13.8% $306 / Sq Ft
10/23/2018 10/23/18 Pending -- -- --
08/23/2018 08/23/18 For Sale $1,200,000 +26.3% $355 / Sq Ft
09/11/2014 09/11/14 Sold $950,000 -13.2% $281 / Sq Ft View Prior Sale
08/25/2014 08/25/14 Pending -- -- --
11/01/2013 11/01/13 For Sale $1,095,000 -- $324 / 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 $8,509 $2,239,194 $400,000 $1,839,194
2024 $4,584 $1,206,420 $300,000 $906,420
2023 $4,815 $1,147,980 $300,000 $847,980
2022 $4,815 $1,147,980 $300,000 $847,980
2021 $4,030 $1,060,590 $300,000 $760,590
2020 $4,186 $994,230 $300,000 $694,230
2019 $4,136 $994,230 $300,000 $694,230
2018 $4,136 $994,230 $300,000 $694,230
2017 $4,036 $994,230 $300,000 $694,230
2015 $4,021 $1,094,230 $400,000 $694,230
2011 -- $1,350,490 $412,280 $938,210
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Josephine Lovell

    Highlands Sotheby's International Realty - DT

    (828) 226-6303

    124 in this area

    156 Total Sales

    Josephine Lovell
    Section Image
  • Dorothy Swearingen

    Buyer's Agent in 2018

    Dorothy Swearingen

    NCMountainLife.com

    (828) 553-3391

    20 in this area

    89 Total Sales

    Dorothy Swearingen
    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 89258

APN: 7550-57-9358

North Carolina Jackson County Highlands 28717

724 Lost Trail, Highlands, NC

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