NOT LISTED FOR SALE

1118 Toxaway Dr Unit TMII-17 Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $2,079,582 - $2,461,000

4 Beds
3 Baths
3,107 Sq Ft
$743/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $1,610,000 $518 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $13,662/month

2 Days on Market

Highlights

  • Golf Course Community
  • Open Floorplan
  • Clubhouse
  • Fitness Center
  • Community Lake
  • Pond

About This Home

As of September 2021

Located at 3900+ ft elevation this quintessential mountain house, designed by renowned architect, Al Platt, has a rustic flair. The spectacular panoramic view encompassing both Lake Toxaway & mountains to the Blue Ridge Parkway can be seen from all but one room. The main level has antique, wide-width Heart pine floors, wide-width pine walls, wood beams, and a floor-to-ceiling stacked stone masonry fireplace. Porches wrap around this house and give you ample room to enjoy the cool summer breezes.

Last Agent to Sell the Property

Carol Watkins

Landmark Realty Group License #207100 Listed on: 07/17/2021

Last Buyer's Agent

John Heinitsh

Lake Toxaway Co. License #39648

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • Level Lot

HOA Fees

  • $201 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Cabin
  • Slab Foundation
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Insulated Windows
  • Crawl Space

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Pond
  • Separate Outdoor Workshop

Utilities

  • Heating System Uses Propane
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 8512-38-6658

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

HOA Fees

$201 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Cabin
  • Ratio Close Price By List Price: 1.09153
  • Ratio Close Price By Original Li: 1.07692
  • Ratio Current Price By Acre: 1066225.17
  • Ratio Current Price By Sq Ft: 518.18
  • Year Built: 1995
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished, Block, Crawl Space, Slab
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: g-Insulated Door(s), Insulated Windows, Screen Door(s)
  • Equipment: Ceiling Fan(s), Dishwasher, Disposal, Dryer, Electric Oven, Exhaust Fan, Gas Range, Microwave, Refrigerator, Security System, Washer
  • Fixture Exception Description: Deer and Elk Mounts on fireplaces
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Marble, Tile, Wood
  • H O A Management Phone: 828-966-9453
  • Interior Amenities: Cable Available, Cathedral Ceiling(s), Open Floorplan, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Basement: 1171
  • Main Level Sq Ft: 1936
  • Total Sq Ft: 3107

Exterior Features

  • Construction: Stone, Wood
  • Construction Type: Site Built
  • Exterior Features: Workshop

Garage/Parking

  • Driveway: Stone
  • Parking: Attached Garage, Garage - 2 Car, Garage Door Opener, Parking Space - 2

Utilities

  • Heating: Central Air, Propane
  • Sewer: Septic Installed
  • Water: Community Well
  • Water Heater: Propane

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Golf Course, Lake, Playground, Pond, Security, Tennis Court(s), Walking Trails
  • Association Fee: 2413.00
  • Association Fee Frequency: Annually
  • HOA Management Company: IPM
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Artificial Waterfall, Lake Access, Level, Long Range View, Mountain View, Paved Frontage, Pond, Steep, Water view, Year Round View
  • Lot Size Area: 1.510
  • Parcel Number: 8512-38-6658
  • Plat Book Slide: 3/328

Tax Info

  • Tax Value: 721720.00
  • Tax Location: Lake Toxaway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2021
Closed on
Sep 3, 2021
Sold by
Peeler David L and Peeler Patricia W
Bought by
Bryant Sherry Lee
Seller's Agent
Carol Watkins
Landmark Realty Group
Buyer's Agent
John Heinitsh
Lake Toxaway Co.
List Price
$1,495,000
Sold Price
$1,610,000
Premium/Discount to List
$115,000
7.69%
Total Days on Market
2
Current Estimated Value
$2,308,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$698,527
Avg. Annual Appreciation
10.23%
Original Mortgage
$125,000
Outstanding Balance
$112,846
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$2,195,681

Purchase Details

Closed on
Nov 13, 2014
Sold by
Peeler Patricia W
Bought by
Peeler David L and Peeler Patricia W

Purchase Details

Closed on
Mar 1, 1995
Bought by
Peeler David L
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
Bryant Sherry Lee $1,610,000 None Available
Peeler David L -- None Available
Peeler David L $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bryant Sherry Lee $125,000
Previous Owner Peeler David L $400,000
Previous Owner Peeler David L $707,000
Previous Owner Peeler David L $449,500
Previous Owner Peeler Patricia W $358,000
Previous Owner Peeler David L $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $1,610,000 +9.2% $518 / Sq Ft
07/20/2021 07/20/21 Price Changed $1,475,000 -1.3% $475 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/17/2021 07/17/21 For Sale $1,495,000 -- $481 / 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 $6,026 $915,380 $200,000 $715,380
2023 $6,026 $915,380 $200,000 $715,380
2022 $6,026 $915,380 $200,000 $715,380
2021 $4,889 $750,650 $200,000 $550,650
2020 $5,023 $721,720 $0 $0
2019 $4,987 $721,720 $0 $0
2018 $4,081 $721,720 $0 $0
2017 $4,034 $721,720 $0 $0
2016 $4,019 $721,720 $0 $0
2015 $3,150 $743,700 $225,000 $518,700
2014 $3,150 $743,700 $225,000 $518,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3763810

Canopy MLS (Canopy Realtor® Association)

APN: 8512-38-6658-000