NOT LISTED FOR SALE

Estimated Value: $4,641,020 - $6,030,000

3 Beds
4.5 Baths
4,173 Sq Ft
$1,258/Sq Ft Est. Value

Last Sold September 25, 2018

Last sale price $2,400,000 $575 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $29,185/month

Highlights

  • Waterfront
  • Community Lake
  • Wood Flooring
  • A-Frame Home
  • Private Lot
  • Porte-Cochere

About This Home

As of September 2018

Located on the north side of Indian Trace, this magnificent oversized 1.8 acre lot offers some of the best big water and mountain views on Lake Toxaway. Gently sloping topography with approx. 280 feet of prime lake frontage with a dock, boathouse and seawall are in. The home was originally constructed in 1965 with renovations completed in 1981. An additional guest quarters “the cabin” is connected by covered outdoor walkway. The property is less than a mile to the lake toxaway country club, marina and Greystone Inn.

Last Agent to Sell the Property

Will Heinitsh

Lake Toxaway Co. License #265116 Listed on: 07/16/2018

Last Buyer's Agent

Chip Freeman

Lake Toxaway Co. License #85712

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • Waterfront
  • Private Lot
  • Open Lot

HOA Fees

  • $198 Monthly HOA Fees

Parking

  • Porte-Cochere
  • Gravel Driveway

Home Design

  • A-Frame Home

Interior Spaces

  • Fireplace
  • Wood Flooring

Utilities

  • Well

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 8522-16-4555-000
  • Tax Block D

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

HOA Fees

$198 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: A-Frame
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.96000
  • Ratio Close Price By Original Li: 0.96000
  • Ratio Current Price By Acre: 1297297.30
  • Ratio Current Price By Sq Ft: 575.13
  • Year Built: 1965
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Disposal, Dryer, Wall Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Fixture Exception Description: Propane tanks leased
  • Flooring: Carpet, Wood
  • H O A Management Phone: 828-966-9453
  • Laundry Location: Main
  • Room Count: 3
  • Second Living Quarters: Guest House, Exterior Not Connected, Exterior Connected
  • Second Living Quarters Hla: 715
  • Sq Ft Basement: 858
  • Main Level Sq Ft: 3315
  • Total Sq Ft: 4173

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Porte-cochere

Garage/Parking

  • Driveway: Gravel
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air, Electric Baseboard Heat, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 2371.00
  • Association Fee Frequency: Annually
  • HOA Management Company: LTCA/IPM
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: per plat
  • Lot Features: Waterfront, Water view, Open Lot, Lake, Private, Year Round View
  • Lot Size Area: 1.850
  • Parcel Number: 8522-16-4555-000

Tax Info

  • Tax Value: 1863170.00
  • Tax Block: D
  • Tax Location: Transylvania

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2018
Closed on
Sep 17, 2018
Sold by
Frye Jamesc and Phyfer Lorie Frye
Bought by
Sumter Frederick Neal and Sumter Rosa Tarbutton
Seller's Agent
Will Heinitsh
Lake Toxaway Co.
Buyer's Agent
Chip Freeman
Lake Toxaway Co.
List Price
$2,500,000
Sold Price
$2,400,000
Premium/Discount to List
-$100,000
-4%
Current Estimated Value
$5,109,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,709,754
Avg. Annual Appreciation
11.34%

Purchase Details

Closed on
Nov 1, 2001
Bought by
Frye Helen
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
Sumter Frederick Neal $2,400,000 None Available
Frye Helen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tarbutton Sumter Iii Frederick Neal $1,264,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2018 09/25/18 Sold $2,400,000 -4.0% $575 / Sq Ft
07/16/2018 07/16/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $2,500,000 -- $599 / 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 $12,129 $2,379,690 $1,800,000 $579,690
2023 $15,666 $2,379,690 $1,800,000 $579,690
2022 $15,666 $2,379,690 $1,800,000 $579,690
2021 $15,547 $2,379,690 $1,800,000 $579,690
2020 $14,130 $2,030,230 $0 $0
2019 $14,029 $2,030,230 $0 $0
2018 $10,534 $1,863,170 $0 $0
2017 $10,417 $1,863,170 $0 $0
2016 $10,379 $1,863,170 $0 $0
2015 -- $2,161,180 $1,750,000 $411,180
2014 -- $2,161,180 $1,750,000 $411,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3414042

Canopy MLS (Canopy Realtor® Association)

APN: 8522-16-4555-000