NOT LISTED FOR SALE

131 Homestead Rd Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $1,351,000 - $2,115,000

5 Beds
5 Baths
3,550 Sq Ft
$468/Sq Ft Est. Value

Last Sold July 19, 2019

Last sale price $570,000 $161 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $9,520/month

2,048 Days on Market

Highlights

  • Marina
  • Fitness Center
  • Community Lake
  • Golf Course Community
  • Lake View
  • Clubhouse

About This Home

As of July 2019

With sparkling, brand new renovations and the vision of a professional designer, today this house has come into its own with great style and a mountain feel. The completely re done kitchen opens out to the soaring architecturally coffered ceilings of the great room. The whole space is bathed in wonderful light. You'll open the front door and head right to the spacious deck where Lake Toxaway and the distant mountains beckon. This is a house built for a weekend full of guests, offering both gathering spaces and private get away areas. Tucked away from the road, privacy and quiet abound, and you won't want to go back home.

Last Agent to Sell the Property

Susan Chambers-Roemisch

Lake Toxaway Company Brokerage Phone: 8289664260 Listed on: 10/22/2013

Last Buyer's Agent

Dave Guest

Lake Toxaway Company License #220212

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,074

Year Built

  • Built in 1995

Lot Details

  • 1.37 Acre Lot
  • Cul-De-Sac

Property Views

  • Lake
  • Mountain

Home Design

  • Contemporary Architecture
  • Shingle Roof

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot HR 9
  • Assessor Parcel Number 8522-05-5889-000

Community Details

Overview

  • Property has a Home Owners Association
  • Lake Toxaway Estates Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,074

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.37
  • Water Body Name: Lake Toxaway
  • Co List Office Mls Id: 258
  • Co List Office Phone: 828-966-4260
  • Subdivision Name: Lake Toxaway Estates
  • Directions: enter main gate off Hyw 64W onto West Club Blvd to 3way stop - turn right - turn left onto Seminole Way - turn right onto Homestead Rd - #131 is last driveway on left at top of hill.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1995
  • Attribution Contact: 8289664260
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Microwave, Refrigerator, Washer
  • Has Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Kitchen Island

Exterior Features

  • Lot Features: Cul-De-Sac, Other
  • Pool Features: Community
  • View: Lake, Mountain(s), Other
  • View: Yes
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Balcony, Rear Porch, Deck
  • Roof: Shingle

Garage/Parking

  • Parking Features: None, Paved

Utilities

  • Security: Security System
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Lake, Marina, Park, Pool, Putting Green, Tennis Court(s), Trails/Paths
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 59677.2
  • Parcel #: 8522-05-5889-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 4074.0
  • Tax Lot: HR 9
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2023
Sold by
Shields Michael K and Shields Marion C
Bought by
Michael K Shields Revocable Trust and Marion C Shields Revocable Trust
Total Days on Market
2048
Current Estimated Value
$1,661,767

Purchase Details

Closed on
Oct 1, 1994
Bought by
Cline Wanda C
Source: Public Records

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
Michael K Shields Revocable Trust -- --
Cline Wanda C $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cline Henry D $250,000
Previous Owner Cline Henry D $300,000
Previous Owner Benedict Lloyd H $369,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2019 07/19/19 Sold $570,000 -24.0% $161 / Sq Ft
07/17/2019 07/17/19 Pending -- -- --
10/22/2013 10/22/13 For Sale $750,000 -- $211 / 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 $5,575 $1,160,210 $252,200 $908,010
2024 $4,497 $683,090 $225,000 $458,090
2023 $4,585 $683,090 $225,000 $458,090
2022 $4,599 $683,090 $225,000 $458,090
2021 $4,560 $683,090 $225,000 $458,090
2020 $4,285 $615,650 $0 $0
2019 $4,222 $610,980 $0 $0
2018 $3,454 $610,980 $0 $0
2017 $3,415 $610,980 $0 $0
2016 $3,403 $610,980 $0 $0
2015 $3,465 $838,620 $270,000 $568,620
2014 $3,465 $838,620 $270,000 $568,620
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Susan Chambers-Roemisch

    Lake Toxaway Company

    (828) 966-4260

    6 in this area

    7 Total Sales

    Section Image

  • D

    Buyer's Agent in 2019

    Dave Guest

    Lake Toxaway Company

    (828) 553-9481

    15 in this area

    16 Total Sales

    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 78403

APN: 8522-05-5889-000

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

131 Homestead Rd, Lake Toxaway, NC

This home is located at 131 Homestead Rd, Lake Toxaway, NC 28747 since 22 October 2013 and is currently estimated at $1,661,767, approximately $468 per square foot. This property was built in 1995. 131 Homestead Rd is a home located in Transylvania County.

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