NOT LISTED FOR SALE

761 Arnold Rd Highlands, NC 28741

Estimated Value: $2,066,000 - $4,199,853

4 Beds
5 Baths
-- Sq Ft
4.4 Acres

Last Sold July 13, 2015

Last sale price $1,060,000

Est. 176% increase in value since last sale

Current estimated payment $16,409/month

361 Days on Market

Highlights

  • Lake Front
  • 4.4 Acre Lot
  • Deck
  • Gated Community
  • Community Lake
  • Wooded Lot

About This Home

As of July 2015

LAKE FRONTAGE ACREAGE with charming 4BR/5BA home and room to build a guest cottage or expand existing home. Large family room on lower level, bonus room over garage. In gated community just outside Highlands on Atlanta side. Land slopes gently to Lake Sequoyah. Platform deck at edge of lake for relaxing. Canoe/fish off large private community dock. Perfect for HCC members who want to live close by but not on campus. Native rhododendrons, mountain laurel and azaleas grace property.

Last Agent to Sell the Property

Molly Leonard

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 05/07/2014

Highlands Sotheby's International Realty - DT

Last Buyer's Agent

Susie DeVille

deVille Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,227

Year Built

  • Built in 2004

Lot Details

  • 4.4 Acre Lot
  • Lake Front
  • Wooded Lot
  • Garden

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Wood Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Stone Fireplace
  • Window Treatments
  • Exterior Basement Entry
  • Home Security System
  • Dryer

Kitchen

  • Microwave
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Cooling Available
  • Central Heating
  • Space Heater
  • Private Water Source
  • Septic Tank

Listing and Financial Details

  • Tax Lot 2 and 2A
  • Assessor Parcel Number 7530649025

Community Details

Overview

  • Sequoyah Lake Subdivision
  • Community Lake

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,227

Year Built

Built in 2004

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.4
  • Road Surface Type: Gravel
  • Water Body Name: Lake Sequoyah
  • Subdivision Name: Sequoyah Lake
  • Directions: Hwy. 106 toward Dillard. Right on Arnold Road. Go thru gate (call for gate code) to 761 on right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2004
  • Attribution Contact: 8285268300
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Gas Oven, Microwave, Refrigerator, Washer
  • Has Basement: Exterior Entry, Other
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Slate, Tile, Wood
  • Interior Amenities: Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Skylight(s), Window Treatments

Exterior Features

  • Lot Features: Level, Partially Cleared, Wooded
  • View: Lake, Mountain(s)
  • View: Yes
  • Waterfront Features: Lake, Deeded Access
  • Construction Type: Wood Siding
  • Exterior Features: Garden, Satellite Dish
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Wood

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Additional Parking, Garage, Two Car Garage, Gravel

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas, Space Heater
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Gated, Lake, Park, Water Access
  • Association Fee: 3000.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 191664.0
  • Parcel #: 7530649025
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 5226.99
  • Tax Lot: 2 and 2A
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2014
Closed on
Jul 8, 2015
Sold by
Giles Karen Tukeva
Bought by
Wheeler John A and Wheeler Carrie A
Seller's Agent
Molly Leonard
Highlands Sotheby's International Realty - DT
Buyer's Agent
Susie DeVille
deVille Realty Group
List Price
$1,475,000
Sold Price
$1,060,000
Premium/Discount to List
-$415,000
-28.14%
Current Estimated Value
$2,922,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,862,213
Avg. Annual Appreciation
10.39%
Original Mortgage
$500,000
Outstanding Balance
$390,822
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$2,531,391

Purchase Details

Closed on
May 17, 2006
Sold by
Giles Bill H and Giles Karen T
Bought by
Giles Bill H and Bill H Giles Revocable Trust
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
Wheeler John A $1,060,000 None Available
Giles Bill H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheeler John A $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2015 07/13/15 Sold $1,060,000 -28.1% --
06/26/2015 06/26/15 Pending -- -- --
05/15/2014 05/15/14 For Sale $1,475,000 -- --
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 $7,994 $2,714,860 $1,069,780 $1,645,080
2024 $7,994 $2,714,860 $1,069,780 $1,645,080
2023 $8,143 $2,714,860 $1,069,780 $1,645,080
2022 $8,143 $1,861,870 $852,480 $1,009,390
2021 $8,143 $1,868,670 $852,480 $1,016,190
2020 $7,671 $1,868,670 $852,480 $1,016,190
2018 $5,701 $1,558,000 $852,480 $705,520
2017 $0 $1,558,000 $852,480 $705,520
2016 $5,701 $1,558,000 $852,480 $705,520
2015 $5,678 $1,558,000 $852,480 $705,520
2014 $5,227 $1,789,930 $1,098,500 $691,430
2013 -- $1,789,930 $1,098,500 $691,430
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Molly Leonard

    Highlands Sotheby's International Realty - DT

    13 in this area

    13 Total Sales

    Molly Leonard
    Section Image
  • Susie DeVille

    Buyer's Agent in 2015

    Susie DeVille

    deVille Realty Group

    (828) 371-2079

    8 in this area

    8 Total Sales

    Susie DeVille
    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 79475

APN: 7530649025

North Carolina Macon County Highlands 28741

761 Arnold Rd, Highlands, NC

This home is located at 761 Arnold Rd, Highlands, NC 28741 since 07 May 2014 and is currently estimated at $2,922,213. This property was built in 2004. 761 Arnold Rd is a home located in Macon County with nearby schools including Highlands School, Macon Middle School, and Mountain View Intermediate School.

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