NOT LISTED FOR SALE

1509 Cold Mountain Rd Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $2,847,127 - $3,940,000

3 Beds
4 Baths
5,440 Sq Ft
$648/Sq Ft Est. Value

Last Sold May 23, 2016

Last sale price $1,050,000 $193 Per Sq Ft

Est. 233% increase in value since last sale

Current estimated payment $20,009/month

884 Days on Market

Highlights

  • Marina
  • Docks
  • Fitness Center
  • Lake Front
  • Golf Course Community
  • Community Lake

About This Home

As of May 2016

If you have seen this house before, you haven't seen it at all. Seller has invested thousands in a designer supervised renovation...and you won't believe the difference! Well maintained lake house with flat lakeside yard with seawall and dock. Five choices for bedrooms/office/den/bonus room on three levels. Large upper and lower decks and screened porch. Three fireplaces, large kitchen, built in kitchen booth and table stay, abundant storage. Level walk out to the lake and lake views everywhere.

Last Agent to Sell the Property

Susan Chambers-Roemisch

Lake Toxaway Company Brokerage Phone: 8289664260 Listed on: 05/25/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,051

Year Built

  • Built in 1988

Lot Details

  • 0.59 Acre Lot
  • Lake Front
  • Garden

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • Stone Fireplace
  • Living Room with Fireplace
  • Workshop
  • Screened Porch
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement

Outdoor Features

  • Docks
  • Deck

Utilities

  • Cooling Available
  • Heat Pump System
  • Private Water Source
  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot E 21
  • Assessor Parcel Number 8523-01-2013-000

Community Details

Overview

  • Lake Toxaway Estates Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Putting Green

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,051

Year Built

Built in 1988

Lot Details

0

HOA Fees

$167 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.59
  • Water Body Name: Lake Toxaway
  • Co List Office Mls Id: 258
  • Co List Office Phone: 828-966-4260
  • Subdivision Name: Lake Toxaway Estates
  • Directions: -From US64E: turn onto NC281N; at fire station turn left onto Cold Mtn Rd and proceed to 1509 on the left. From Country Club: turn right from club at 3 stop signs onto Cold Mtn Rd and proceed to 1509 on the right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1988
  • Attribution Contact: 8289664260
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Double Oven, Dryer, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Basement, Living Room, Primary Bedroom, Stone
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Cathedral Ceiling(s), Central Vacuum, Eat-in Kitchen, Kitchen Island, Workshop

Exterior Features

  • Lot Features: Level
  • Pool Features: Community
  • View: Lake, Mountain(s)
  • View: Yes
  • Waterfront Features: Lake
  • Construction Type: Stone, Wood Siding
  • Exterior Features: Dock, Garden
  • Patio And Porch Features: Rear Porch, Covered, Deck, Screened
  • Roof: Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Garage, Two Car Garage, Paved

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Lake, Marina, Playground, Park, Pool, Putting Green, Tennis Court(s), Trails/Paths
  • Association Fee: 2003.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 25700.4
  • Parcel #: 8523-01-2013-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 5051.0
  • Tax Lot: E 21
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2012
Closed on
May 19, 2016
Sold by
Taylor Nancy M and William John Taylor Revocable
Bought by
Williams Ralph F and Williams Jean C
Seller's Agent
Susan Chambers-Roemisch
Lake Toxaway Company
List Price
$1,295,000
Sold Price
$1,050,000
Premium/Discount to List
-$245,000
-18.92%
Current Estimated Value
$3,497,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,447,849
Avg. Annual Appreciation
14.60%
Original Mortgage
$700,000
Outstanding Balance
$564,972
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$3,122,768

Purchase Details

Closed on
Apr 1, 1989
Bought by
Taylor William J-Trustee
Source: Public Records

Range of Values:

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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
Williams Ralph F $1,050,000 None Available
Taylor William J-Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Ralph F $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2016 05/23/16 Sold $1,050,000 -18.9% $193 / Sq Ft
05/18/2016 05/18/16 Pending -- -- --
10/09/2013 10/09/13 For Sale $1,295,000 -- $238 / 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
2024 $8,292 $1,236,450 $750,000 $486,450
2023 $8,300 $1,236,450 $750,000 $486,450
2022 $8,309 $1,236,450 $750,000 $486,450
2021 $8,078 $1,236,450 $750,000 $486,450
2020 $7,351 $1,076,490 $0 $0
2019 $7,265 $1,051,370 $0 $0
2018 $5,944 $1,051,370 $0 $0
2017 $5,876 $1,038,440 $0 $0
2016 $5,783 $1,038,440 $0 $0
2015 $5,033 $1,188,090 $750,000 $438,090
2014 $5,033 $1,188,090 $750,000 $438,090
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Susan Chambers-Roemisch

    Lake Toxaway Company

    (828) 966-4260

    6 in this area

    7 Total Sales

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 78347

APN: 8523-01-2013-000

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

1509 Cold Mountain Rd, Lake Toxaway, NC

This home is located at 1509 Cold Mountain Rd, Lake Toxaway, NC 28747 since 25 May 2012 and is currently estimated at $3,526,376, approximately $648 per square foot. This property was built in 1988. 1509 Cold Mountain Rd is a home located in Transylvania County.

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