NOT LISTED FOR SALE

135 Island Point Rd 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 February 28, 2021

Last sale price $537,500

Est. 67% increase in value since last sale

Current estimated payment $5,822/month

606 Days on Market

Highlights

  • Marina
  • Community Lake
  • Community Playground
  • Lake Front

About This Lot

As of February 2021

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

Last Listed By

Art Fisher

Fisher Realty Highlands Brokerage Phone: 8289669290 Listed on: 03/21/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,652

Year Built

  • 2023

Lot Details

  • 1 Acre Lot
  • Lake Front

HOA Fees

  • $122 Monthly HOA Fees

Property Views

  • Lake Views

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 8522-48-3115-000

Community Details

Overview

  • Community Lake

Recreation

  • Marina
  • Community Playground

Property Details

Property Type

Land

Est. Annual Taxes

$3,652

Year Built

2023

Lot Details

0

HOA Fees

$122 per month

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 1.0
  • Road Surface Type: Paved
  • Water Body Name: Lake Toxaway
  • Directions: Hwy 64 to Hwy 281 North. Follow 281 N about 1 mile and just after the Lake Toxaway Fire Department turn left on Cold Mountain Road. Take first left on Island Point Road. Lot is on your left.
  • Carport Y N: No
  • Garage Yn: No
  • Attribution Contact: 8289669290
  • Special Features: None
  • Year Built (Public Record): 2023

Exterior Features

  • Lot Features: Level, Partially Cleared
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Deeded Access
  • Exterior Features: Barbecue

Utilities

  • Utilities: Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Lake, Marina, Playground, Park, Trails/Paths, Water Access
  • Association Fee: 1468.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 8522-48-3115-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 3651.56
  • Tax Lot: 17
  • Tax Year: 2020

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 Highlands
List Price
$625,000
Sold Price
$537,500
Premium/Discount to List
-$87,500
-14%
Total Days on Market
606
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
02/28/2021 02/28/21 Sold $537,500 -14.0% --
11/18/2020 11/18/20 Pending -- -- --
03/22/2019 03/22/19 For Sale $625,000 -- --
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
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 Highlands

    (828) 506-4895

    79 in this area

    194 Total Sales

    Art Fisher
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 90426

APN: 8522-48-3115-000

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

135 Island Point Rd, Lake Toxaway, NC

This home is located at 135 Island Point Rd, 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 is a home located in Transylvania County.

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