NOT LISTED FOR SALE

142 Lake Point Dr Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $4,401,499 - $6,966,000

3 Beds
6.5 Baths
6,575 Sq Ft
$836/Sq Ft Est. Value

Last Sold September 02, 2022

Last sale price $4,050,000 $616 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $31,699/month

Highlights

  • Marina
  • Spa
  • Deck
  • Lake Front
  • Community Lake
  • Contemporary Architecture

About This Home

As of September 2022

Unique opportunity to own 300' of frontage on beautiful Lake Toxaway, North Carolina's largest private lake.This home has been thoughtfully renovated to enjoy the breathtaking views on this quiet cove.The lush landscaping and numerous outdoor amenities - fire pit, outdoor porches, and basketball court are not to be missed. Updated with a state of the art kitchen, newly remodeled master suite, tasteful decor throughout as well as a new installed hot tub. Experience lake living at it's best!

Last Agent to Sell the Property

Mo Mitchell

Lake Toxaway Company Brokerage Phone: 8289664260 Listed on: 08/06/2022

Co-Listed By

Mish Nichols

Lake Toxaway Company Brokerage Phone: 8289664260

Last Buyer's Agent

Chip Freeman

Lake Toxaway Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,739

Year Built

  • Built in 1969

Lot Details

  • 1.03 Acre Lot
  • Lake Front
  • Lot Has A Rolling Slope
  • Cleared Lot

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Fireplace
  • Screened Porch
  • Lake Views
  • Dryer
  • Finished Basement

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Spa
  • Balcony
  • Deck
  • Fire Pit

Utilities

  • Ductless Heating Or Cooling System
  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 25-R
  • Assessor Parcel Number 8522-12-1537-000

Community Details

Overview

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

Recreation

  • Marina
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,739

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.03
  • 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 Lake Toxaway Estates from Highway 64 at 2nd entrance on West Club. Pass guard house on West Club and continue straight until you see Lake Point Drive on your right. Turn right and #142 down on the right before the road ends.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1969
  • Attribution Contact: 8289664260
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Washer
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Wet Bar, Breakfast Bar, Ceiling Fan(s), Kitchen Island

Exterior Features

  • Lot Features: Cleared, Rolling Slope
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Construction Type: Wood Siding
  • Exterior Features: Fire Pit, Other
  • Foundation Details: Block
  • Other Structures: Boat House
  • Patio And Porch Features: Balcony, Rear Porch, Covered, Deck, Porch, Screened
  • Roof: Shingle

Garage/Parking

  • Parking Features: Other, Paved

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Ductless
  • Cooling Y N: Yes
  • Heating: Ductless, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Lake, Marina, Playground, Park, Trails/Paths
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 44866.8
  • Parcel #: 8522-12-1537-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 11738.74
  • Tax Lot: 25-R
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2022
Closed on
Sep 1, 2022
Sold by
Thies Wendy M and Thies Dennis P
Bought by
Medici Frank T and Medici Elizabeth M
Seller's Agent
Mo Mitchell
Lake Toxaway Company
Buyer's Agent
Chip Freeman
Lake Toxaway Company
List Price
$4,200,000
Sold Price
$4,050,000
Premium/Discount to List
-$150,000
-3.57%
Views
11
Current Estimated Value
$5,498,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,448,166
Avg. Annual Appreciation
10.69%

Purchase Details

Closed on
May 20, 2021
Sold by
Thies Dennis P and Thies Wendy M
Bought by
Bourne Laura S and Bourne David B

Purchase Details

Closed on
May 26, 2011
Sold by
Fazio Thomas J and Fazio Susan K
Bought by
Thies Dennis P and Thies Wendy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$930,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Medici Frank T $4,050,000 Goosmann Rose Colvard & Cramer
Bourne Laura S $300,000 None Available
Thies Dennis P $1,240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thies Dennis P $802,000
Previous Owner Thies Dennis P $930,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2022 09/02/22 Sold $4,050,000 -3.6% $616 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/07/2022 08/07/22 For Sale $4,200,000 -- $639 / 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 $21,585 $4,472,300 $1,150,000 $3,322,300
2024 $11,694 $1,752,540 $1,000,000 $752,540
2023 $11,703 $1,752,540 $1,000,000 $752,540
2022 $11,739 $6,602,540 $5,850,000 $752,540
2021 $10,661 $1,602,540 $850,000 $752,540
2020 $10,114 $1,419,250 $0 $0
2019 $10,032 $1,419,250 $0 $0
2018 $8,237 $1,419,250 $0 $0
2017 $8,133 $1,419,250 $0 $0
2016 $8,136 $1,419,250 $0 $0
2015 $6,293 $1,638,670 $1,100,000 $538,670
2014 $6,293 $1,634,450 $1,100,000 $534,450
Source: Public Records

Agents Affiliated with this Home

  • Mo Mitchell

    Seller's Agent in 2022

    Mo Mitchell

    Lake Toxaway Company

    (828) 553-3319

    73 in this area

    73 Total Sales

    Mo Mitchell
    Section Image
  • Mish Nichols

    Seller Co-Listing Agent in 2022

    Mish Nichols

    Lake Toxaway Company

    (704) 576-5511

    64 in this area

    66 Total Sales

    Mish Nichols
    Section Image
  • Chip Freeman

    Buyer's Agent in 2022

    Chip Freeman

    Lake Toxaway Company

    (828) 712-6446

    50 in this area

    53 Total Sales

    Chip Freeman
    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 100571

APN: 8522-12-1537-000

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

142 Lake Point Dr, Lake Toxaway, NC

This home is located at 142 Lake Point Dr, Lake Toxaway, NC 28747 since 06 August 2022 and is currently estimated at $5,498,166, approximately $836 per square foot. This property was built in 1969. 142 Lake Point Dr is a home located in Transylvania County.

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