NOT LISTED FOR SALE

135 Island Point Rd Unit 17A/Block F Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $898,211

1 Acre
$898,211 Price per Acre
43,560 Sq Ft Lot

Last Sold March 01, 2021

Last sale price $537,500

Est. 67% increase in value since last sale

Current estimated payment $5,822/month

607 Days on Market

Highlights

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

About This Lot

As of March 2021

Near flat lakefront homesite with boathouse in place. Conveniently located on Island Point Road.

Last Agent to Sell the Property

Art Fisher

Fisher Realty - 10 Park Place Brokerage Email: artfisher@fisherrealtync.com License #169780 Listed on: 03/21/2019

Last Buyer's Agent

Jerry Starr

Lake Toxaway Co. License #52035

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,894

Year Built

  • 2023

Lot Details

  • 1 Acre Lot
  • Waterfront
  • Level Lot
  • Wooded Lot
  • Possible uses of the property include Private Estate, Residential

HOA Fees

  • $122 Monthly HOA Fees

Basement

  • Basement Fills Entire Space Under The House

Parking

  • Garage
  • Basement Garage

Schools

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

Utilities

  • Propane
  • Well Required
  • Septic Needed
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 8522-48-3115-000
  • Tax Block F

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Putting Green
  • Trails
  • Access To Lake
  • Boat or Launch Ramp

Property Details

Property Type

Land

Est. Annual Taxes

$7,894

Year Built

2023

Lot Details

0

HOA Fees

$122 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Livestock Restriction,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Attribution Contact: artfisher@fisherrealtync.com
  • Special Features: None
  • Year Built (Public Record): 2023

Interior Features

  • Possible Use: Private Estate, Residential
  • Has Basement: Basement
  • Basement YN: Yes
  • Room Count: 0

Exterior Features

  • Exterior Features: Other - See Remarks
  • Water Body Name: Lake Toxaway
  • Waterfront Features: Boat Ramp, Lake
  • Waterfront Elevation: 3000
  • Other Structures: Other - See Remarks, None

Utilities

  • Sewer: Septic Needed
  • Security: Security Service
  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Propane
  • Water Source: Well Needed

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Lake Access, Outdoor Pool, Putting Green, Recreation Area, Tennis Court(s), Walking Trails
  • Association Fee: 1468
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: IPM Corporation
  • Phone: 828-966-9453
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

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

Lot Info

  • Lot Features: Level, Waterfront, Wooded
  • Lot Size Area: 1
  • Lot Size Units: Acres
  • Parcel Number: 8522-48-3115-000
  • Zoning: None
  • Plat Book Slide: 10/1010
  • Can Be Subdivided: 0
  • Lot Size Acres: 1
  • Lot Size: Irreg
  • Lot Size Sq Ft: 43560
  • ResoLotSizeUnits: Acres
  • Zoning Specification: None

Tax Info

  • Tax Block: F

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2019
Closed on
Feb 24, 2021
Sold by
Chapman Sara S and Chapman Donald C
Bought by
Smith Sam J and Smith Patricia L
Seller's Agent
Art Fisher
Fisher Realty - 10 Park Place
Buyer's Agent
Jerry Starr
Lake Toxaway Co.
List Price
$625,000
Sold Price
$537,500
Premium/Discount to List
-$87,500
-14%
Total Days on Market
607
Current Estimated Value
$898,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,711

Purchase Details

Closed on
Dec 30, 2015
Sold by
Chapman Donald C
Bought by
Toxaway Cove Llc

Purchase Details

Closed on
Dec 1, 2004
Bought by
Chapman Donald C
Source: Public Records

Range of Values:

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Average Value
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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
Smith Sam J $537,500 None Available
Toxaway Cove Llc $201,000 None Available
Chapman Donald C $685,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Sold $537,500 -10.3% --
11/17/2020 11/17/20 Pending -- -- --
08/26/2020 08/26/20 Price Changed $599,000 -4.2% --
03/21/2019 03/21/19 For Sale $625,000 -- --
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 $7,894 $1,402,820 $500,000 $902,820
2023 $3,417 $519,040 $500,000 $19,040
2022 $3,417 $519,040 $500,000 $19,040
2021 $3,391 $519,040 $500,000 $19,040
2020 $3,652 $524,650 $0 $0
2019 $3,625 $524,650 $0 $0
2018 $2,966 $524,650 $0 $0
2017 $2,932 $524,650 $0 $0
2016 $2,922 $524,650 $0 $0
2015 -- $725,690 $700,000 $25,690
2014 -- $725,690 $700,000 $25,690
Source: Public Records

Agents Affiliated with this Home

  • Art Fisher

    Seller's Agent in 2021

    Art Fisher

    Fisher Realty - 10 Park Place

    (828) 506-4895

    79 in this area

    193 Total Sales

    Art Fisher
    Section Image

  • J

    Buyer's Agent in 2021

    Jerry Starr

    Lake Toxaway Co.

See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3487131

Canopy MLS (Canopy Realtor® Association)

APN: 8522-48-3115-000

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

135 Island Point Rd Unit 17A/Block F, Lake Toxaway, NC

This home is located at 135 Island Point Rd Unit 17A/Block F, Lake Toxaway, NC 28747 since 21 March 2019 and is currently priced at $898,211. This property was built in 2023. 135 Island Point Rd Unit 17A/Block F is a home located in Transylvania County.

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