NOT LISTED FOR SALE

1097 Cold Mountain Rd Unit 41 Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $2,061,672 - $3,450,000

4 Beds
2.5 Baths
2,802 Sq Ft
$1,002/Sq Ft Est. Value

Last Sold May 01, 2019

Last sale price $1,250,000 $446 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $16,546/month

246 Days on Market

Highlights

  • Golf Course Community
  • Spa
  • Community Lake
  • Fitness Center
  • Waterfront
  • Clubhouse

About This Home

As of May 2019

Absolutely prime, well maintained lakefront home situated on one of Lake Toxaway’s finest sites. This 4BR/2.5BA lakehouse features one of Lake Toxaway's biggest views of the lake with Toxaway Mountain in the background. New roof, sea wall, renovated boathouse with open sundeck for entertaining, dock, firepit and large level backyard make this an absolute must see!!

Last Agent to Sell the Property

Art Fisher

Fisher Realty - 10 Park Place License #169780 Listed on: 06/21/2018

Last Buyer's Agent

Art Fisher

Fisher Realty - 10 Park Place License #169780 Listed on: 06/21/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • Waterfront
  • Private Lot

HOA Fees

  • $180 Monthly HOA Fees

Home Design

  • Stone Siding

Interior Spaces

  • Fireplace
  • Oven

Flooring

  • Wood
  • Tile

Outdoor Features

  • Spa
  • Fire Pit

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number 8523-00-8004-000
  • Tax Block 81

Community Details

Overview

  • Ipm Corporation Association, Phone Number (828) 966-9453
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.91575
  • Ratio Close Price By Original Li: 0.91575
  • Ratio Current Price By Acre: 1760563.38
  • Ratio Current Price By Sq Ft: 446.11
  • Year Built: 1969
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer
  • Fireplace Description: Den, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 828-966-9453
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Basement: 1160
  • Main Level Sq Ft: 1642
  • Total Sq Ft: 2802

Exterior Features

  • Construction: Stone, Wood
  • Construction Type: Site Built
  • Exterior Features: Hot Tub, Fire pit
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Carport - 2 Car

Utilities

  • Heating: Heat Pump - AC, Oil Hot Air
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Golf Course, Lake, Playground, Outdoor Pool, Recreation Area, Security, Walking Trails
  • Association Fee: 2164.00
  • Association Fee Frequency: Annually
  • HOA Management Company: IPM Corporation
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: TC Henderson
  • Middle School: Rosman
  • High School: Rosman

Lot Info

  • Lot Features: Lake Access, Paved Frontage, Private, Waterfront, Year Round View
  • Lot Size Area: 0.710
  • Parcel Number: 8523-00-8004-000
  • Plat Book Slide: 14
  • Plat Reference Section Pages: 89-91

Tax Info

  • Tax Value: 1236660.00
  • Tax Block: 81
  • Tax Location: Lake Toxaway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2021
Sold by
Uskup Ilhan Thomas and Uskup Anne Wood
Bought by
Uskup I Thomas I and Uskup Anne Wood
Total Days on Market
246
Current Estimated Value
$2,806,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$996,500
Outstanding Balance
$901,243
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$1,594,195

Purchase Details

Listed on
Jun 21, 2018
Closed on
Apr 23, 2019
Sold by
Fox John T and Fox Julie M
Bought by
Uskup Illhan Thomas and Uskup Anne Wood
Seller's Agent
Art Fisher
Fisher Realty - 10 Park Place
Buyer's Agent
Art Fisher
Fisher Realty - 10 Park Place
List Price
$1,365,000
Sold Price
$1,250,000
Premium/Discount to List
-$115,000
-8.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.00%
Original Mortgage
$1,000,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 7, 2010
Sold by
Montgomery Family Investments Llc
Bought by
Fox John T and Fox Julie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Uskup I Thomas I -- None Available
Uskup Illhan Thomas $1,250,000 None Available
Fox John T $1,017,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uskup I Thomas I $996,500
Closed Uskup Illhan Thomas $1,000,000
Previous Owner Fox John T $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2019 05/01/19 Sold $1,250,000 -8.4% $446 / Sq Ft
02/22/2019 02/22/19 Pending -- -- --
06/21/2018 06/21/18 For Sale $1,365,000 -- $487 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $7,360 $1,118,060 $850,000 $268,060
2023 $7,360 $1,118,060 $850,000 $268,060
2022 $7,360 $1,118,060 $850,000 $268,060
2021 $7,304 $1,118,060 $850,000 $268,060
2020 $8,607 $1,236,660 $0 $0
2019 $8,545 $1,236,660 $0 $0
2018 $6,992 $1,236,660 $0 $0
2017 $6,912 $1,236,660 $0 $0
2016 $6,887 $1,236,660 $0 $0
2015 -- $1,419,840 $1,250,000 $169,840
2014 -- $1,419,840 $1,250,000 $169,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3405103

Canopy MLS (Canopy Realtor® Association)

APN: 8523-00-8004-000