NOT LISTED FOR SALE

154 Homestead Rd Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $3,329,984

4 Beds
4.5 Baths
4,900 Sq Ft
$680/Sq Ft Est. Value

Last Sold July 23, 2020

Last sale price $2,100,000 $429 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $19,365/month

453 Days on Market

Highlights

  • Marina
  • Fitness Center
  • Community Lake
  • Golf Course Community
  • Lake View
  • Clubhouse

About This Home

As of July 2020

As you enter this home on the cobblestone driveway, the first thing that you notice is the attention to detail. The exterior features are a slate roof, stone, cedar shake and bark siding. Once you enter you are immediately drawn to the views of both Lake Toxaway and the Blue Ridge Escarpment. The living room features huge windows, a massive stone fireplace and open floor plan with well appointed eat-in kitchen and dining room.Off of the kitchen there is an inviting screened in porch with a grill area and fireplace.Master suite on main floor with attached office,walk-in closest and luxurious bathroom. Upstairs is a library/reading room with bedroom and bath. The lower level has a cozy media room, a massage and exercise room,wine cellar, 2 bedrooms, 2 baths, & a large covered deck. 2 car attached garage. The house is at the end of a quiet cul-de-sac. Makes a great place for entertaining. Golf cart distance to the club. This 10 year old home is being sold completely furnished!

Last Agent to Sell the Property

Chip Freeman

Lake Toxaway Company Brokerage Phone: 8289664260 Listed on: 03/12/2019

Last Buyer's Agent

Art Fisher

Fisher Realty Highlands

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,660

Year Built

  • Built in 2008

Lot Details

  • 1 Acre Lot
  • Cul-De-Sac
  • Wooded Lot

HOA Fees

  • $198 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Lake
  • Woods
  • Mountain

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Slate Roof
  • Wood Siding
  • Block Exterior

Interior Spaces

  • 3-Story Property
  • Furnished
  • Built-In Features
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Screened Porch
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Outdoor Fireplace

Utilities

  • Zoned Cooling
  • Heat Pump System
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 8522-05-5533-000

Community Details

Overview

  • Lake Toxaway Estates Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,660

Year Built

Built in 2008

Lot Details

0

HOA Fees

$198 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Road Surface Type: Paved
  • Water Body Name: Lake Toxaway
  • Subdivision Name: Lake Toxaway Estates
  • Directions: Enter main gate to Lake Toxaway Estates off Hwy 64W onto West Club Blvd. Follow to 3-way stop. Turn right staying on West Club Blvd. Turn left onto Seminole Way. Turn right onto Homestead Rd, #154 is last driveway straight at top of hill at the end of the cul-de-sac. Look for two stone pillars.
  • Architectural Style: Craftsman
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2008
  • Attribution Contact: 8289664260
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Oven, Refrigerator, Washer
  • Has Basement: Full, Finished, Heated
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Outside, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Built-in Features, Separate/Formal Dining Room, Eat-in Kitchen, Garden Tub/Roman Tub, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Cul-De-Sac, Other, Partially Cleared, Wooded
  • Pool Features: Community
  • View: Lake, Mountain(s), Trees/Woods
  • View: Yes
  • Waterfront Features: Deeded Access
  • Construction Type: Block, Frame, Stone, Wood Siding
  • Exterior Features: Satellite Dish
  • Foundation Details: Block, Poured, Pillar/Post/Pier
  • Patio And Porch Features: Rear Porch, Covered, Deck, Porch, Screened, Side Porch
  • Roof: Slate

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Two Car Garage, Other

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Radon Mitigation System
  • Cooling: Electric, Heat Pump, Zoned
  • Cooling Y N: Yes
  • Heating: Gas, Multi-Fuel
  • Heating Yn: Yes
  • Sewer: Sewer Applied for Permit, Septic Tank
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Lake, Marina, Pool, Putting Green, Tennis Court(s), Water Access
  • Association Fee: 2371.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 8522-05-5533-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 6659.74
  • Tax Lot: 7
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2019
Closed on
Jul 7, 2020
Sold by
Funk Tommy R
Bought by
Fitzgerald William and Fitzgerald Dorothea
Seller's Agent
Chip Freeman
Lake Toxaway Company
Buyer's Agent
Art Fisher
Fisher Realty Highlands
List Price
$2,750,000
Sold Price
$2,100,000
Premium/Discount to List
-$650,000
-23.64%
Current Estimated Value
$3,329,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,229,984
Avg. Annual Appreciation
9.50%
Original Mortgage
$1,470,000
Outstanding Balance
$1,308,784
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$2,021,200

Purchase Details

Closed on
Sep 26, 2006
Sold by
Suarez Oscar and Suarez Leonor M
Bought by
Funk Tommy R
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
Fitzgerald William $2,100,000 None Available
Funk Tommy R $425,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fitzgerald William $1,470,000
Previous Owner Funk Tommy R $900,000
Previous Owner Funk Tommy $900,000
Previous Owner Funk Tommy R $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2020 07/23/20 Sold $2,100,000 -23.6% $429 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
03/12/2019 03/12/19 For Sale $2,750,000 -- $561 / 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 $12,274 $2,554,370 $225,000 $2,329,370
2024 $11,014 $1,673,050 $275,000 $1,398,050
2023 $11,014 $1,673,050 $275,000 $1,398,050
2022 $11,014 $1,673,050 $275,000 $1,398,050
2021 $10,930 $1,673,050 $275,000 $1,398,050
2020 $8,198 $1,177,880 $0 $0
2019 $8,139 $1,177,880 $0 $0
2018 $6,660 $1,177,880 $0 $0
2017 $6,583 $1,177,880 $0 $0
2016 $6,560 $1,177,880 $0 $0
2015 $6,409 $1,512,950 $425,000 $1,087,950
2014 $6,409 $1,512,950 $425,000 $1,087,950
Source: Public Records

Agents Affiliated with this Home

  • Chip Freeman

    Seller's Agent in 2020

    Chip Freeman

    Lake Toxaway Company

    (828) 712-6446

    50 in this area

    53 Total Sales

    Chip Freeman
    Section Image
  • Art Fisher

    Buyer's Agent in 2020

    Art Fisher

    Fisher Realty Highlands

    (828) 506-4895

    74 in this area

    186 Total Sales

    Art Fisher
    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 90357

APN: 8522-05-5533-000

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

154 Homestead Rd, Lake Toxaway, NC

This home is located at 154 Homestead Rd, Lake Toxaway, NC 28747 since 12 March 2019 and is currently estimated at $3,329,984, approximately $679 per square foot. This property was built in 2008. 154 Homestead Rd is a home located in Transylvania County.

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