NOT LISTED FOR SALE

Estimated Value: $1,701,000 - $2,110,000

3 Beds
3 Baths
2,130 Sq Ft
$855/Sq Ft Est. Value

Last Sold July 30, 2024

Last sale price $1,600,000 $751 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $10,872/month

167 Days on Market

Highlights

  • Boat or Launch Ramp
  • Access To Lake
  • Waterfront
  • Golf Course Community
  • Fitness Center
  • Open Floorplan

About This Home

As of July 2024

One of the best lakefront values on Lake Toxaway, this charming, one-level light-filled 3 BR, 3 BA home is situated on a gentle lot overlooking a quiet cove on the big lake. This wonderful lake retreat features 3 bedrooms and a large office on the main floor, vaulted ceilings, flat circular driveway, expansive back deck overlooking the lake, large stationary dock. A gentle backyard with beautiful seating area and lakeside firepit make this home your perfect lake house at Lake Toxaway. Home is being offered turn key furnished with boat.

Last Agent to Sell the Property

Art Fisher

Fisher Realty - 10 Park Place Brokerage Email: artfisher@fisherrealtync.com License #169780 Listed on: 01/22/2024

Last Buyer's Agent

Art Fisher

Fisher Realty - 10 Park Place Brokerage Email: artfisher@fisherrealtync.com License #169780 Listed on: 01/22/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,142

Year Built

  • Built in 1982

Lot Details

  • Waterfront
  • Private Lot
  • Wooded Lot

HOA Fees

  • $307 Monthly HOA Fees

Home Design

  • Arts and Crafts Architecture
  • Cottage
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Wired For Data
  • Built-In Features
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Insulated Windows
  • French Doors
  • Mud Room
  • Entrance Foyer
  • Living Room with Fireplace
  • Water Views
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Circular Driveway

Outdoor Features

  • Access To Lake
  • Boat or Launch Ramp
  • Deck
  • Fire Pit
  • Front Porch

Schools

  • T.C. Henderson Elementary School
  • Rosman Middle School
  • Rosman High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Propane
  • Underground Utilities
  • Propane
  • Septic Tank
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 8523-01-6153-000

Community Details

Overview

  • Ipm Corporation Association, Phone Number (828) 966-9453
  • Lake Toxaway Estates Subdivision

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Sport Court
  • Indoor Game Court
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Putting Green
  • Dog Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,142

Year Built

Built in 1982

Lot Details

0

HOA Fees

$307 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts, Cottage
  • Year Built: 1982
  • Restrictions: Architectural Review,Building,Deed,Livestock Restriction,Manufactured Home Not Allowed,Modular Not Allowed,Short Term Rental Allowed,Square Feet,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: Deed & Subdivision
  • Second Living Quarters: None
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 751.17
  • Geocode Confidence: High
  • Attribution Contact: artfisher@fisherrealtync.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Built-in Features, Cable Prewire, Cathedral Ceiling(s), Drop Zone, Entrance Foyer, Open Floorplan, Split Bedroom, Vaulted Ceiling(s), Other - See Remarks
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2130
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 184
  • Sq Ft Unheated Total: 184
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Washer
  • Other Equipment: Fuel Tank(s)
  • Above Grade Finished Sq Ft: 2130
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: French Doors, Insulated Door(s)
  • Fireplace Features: Gas, Living Room, Wood Burning
  • Living Area: 2130
  • Window Features: Insulated Window(s)
  • Bedroom Main: 3
  • Room Count: 11

Exterior Features

  • Exterior Features: Fire Pit, Other - See Remarks
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Water, Year Round
  • Water Body Name: Lake Toxaway
  • Waterfront Features: Boat Ramp, Dock
  • Waterfront Elevation: 3000
  • Construction Type: Wood
  • Other Structures: None
  • Patio And Porch Features: Deck, Front Porch, Rear Porch, Side Porch, Other - See Remarks

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Circular Driveway, Attached Garage, Other - See Remarks

Utilities

  • Heating: Forced Air, Heat Pump, Propane
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room, Main Level, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Security Service, Smoke Detector(s)
  • Cooling: Central Air, Heat Pump
  • Utilities: Cable Available, Cable Connected, Electricity Connected, Fiber Optics, Phone Connected, Propane, Satellite Internet Available, Underground Utilities, Wired Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Dog Park, Fitness Center, Game Court, Golf, Lake Access, Outdoor Pool, Picnic Area, Playground, Putting Green, Recreation Area, Sport Court, Tennis Court(s), Walking Trails, Other
  • Association Fee: 3687
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Association Name: IPM Corporation
  • Phone: 828-966-9453
  • ResoAssociationFeeFrequency: Annually
  • Association Email: www.ipmhoa.com

Association/Amenities

  • Association Annual Expense: 3687.00

Schools

  • Middle Or Junior School: Rosman
  • HOA Subject To: Required

Lot Info

  • Lot Features: Private, Wooded, Views, Waterfront, Other - See Remarks
  • Lot Size Area: 0.58
  • Lot Size Units: Acres
  • Parcel Number: 8523-01-6153-000
  • Zoning: None
  • Plat Book Slide: 2/177
  • Development Status: Completed
  • Horse Amenities: None
  • ResoLotSizeUnits: Acres
  • Zoning Specification: None

MLS Schools

  • Elementary School: T.C. Henderson
  • High School: Rosman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
Jul 29, 2024
Sold by
Sutton Bacon Jr Ellis and Whieman Natalie
Bought by
Lightning Bug Llc
Seller's Agent
Art Fisher
Fisher Realty - 10 Park Place
Buyer's Agent
Art Fisher
Fisher Realty - 10 Park Place
List Price
$2,150,000
Sold Price
$1,600,000
Premium/Discount to List
-$550,000
-25.58%
Views
101
Current Estimated Value
$1,820,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,243
Avg. Annual Appreciation
13.48%

Purchase Details

Listed on
Jun 10, 2015
Closed on
Sep 15, 2016
Sold by
Johnson John R and Johnson Judith A
Bought by
Bacon Ellis Sutton and Bacon Natalie Whiteman
Buyer's Agent
John Heinitsh
Lake Toxaway Company
List Price
$739,000
Sold Price
$625,000
Premium/Discount to List
-$114,000
-15.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.67%
Original Mortgage
$417,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2006
Sold by
Johnson Judith A and Johnson John R
Bought by
Johnson John R and Johnson Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1986
Bought by
Johnson John R and Johnson Judith A
Source: Public Records

Range of Values:

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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
Lightning Bug Llc $1,600,000 None Listed On Document
Bacon Ellis Sutton $625,000 None Available
Johnson John R -- None Available
Johnson John R $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whiteman Bacon Jr Ellis Sutton $625,400
Previous Owner Bacon Ellis Sutton $417,000
Previous Owner Bacon Ellis Sutton $83,000
Previous Owner Johnson John R $100,000
Previous Owner Johnson John R $335,000
Previous Owner Johnson John R $392,000
Previous Owner Johnson John R $410,000
Previous Owner Johnson John R $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2024 07/30/24 Sold $1,600,000 -11.1% $751 / Sq Ft
05/02/2024 05/02/24 Price Changed $1,799,000 -5.3% $845 / Sq Ft
04/22/2024 04/22/24 Price Changed $1,899,000 -5.0% $892 / Sq Ft
03/18/2024 03/18/24 Price Changed $1,999,000 -7.0% $938 / Sq Ft
01/22/2024 01/22/24 For Sale $2,150,000 +244.0% $1,009 / Sq Ft
09/15/2016 09/15/16 Sold $625,000 -15.4% $279 / Sq Ft
07/23/2016 07/23/16 Pending -- -- --
06/10/2015 06/10/15 For Sale $739,000 -- $330 / 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 $6,142 $932,950 $750,000 $182,950
2023 $6,142 $932,950 $750,000 $182,950
2022 $6,142 $932,950 $750,000 $182,950
2021 $6,095 $932,950 $750,000 $182,950
2020 $4,905 $704,720 $0 $0
2019 $4,870 $704,720 $0 $0
2018 $3,984 $704,720 $0 $0
2017 $3,939 $705,400 $0 $0
2016 $3,928 $705,400 $0 $0
2015 $4,093 $919,550 $750,000 $169,550
2014 $4,093 $919,550 $750,000 $169,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4102706

Canopy MLS (Canopy Realtor® Association)

APN: 8523-01-6153-000