NOT LISTED FOR SALE

1588 Fairway Dr Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $798,446 - $2,160,000

3 Beds
3 Baths
2,364 Sq Ft
$553/Sq Ft Est. Value

Last Sold December 21, 2017

Last sale price $414,000 $175 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $7,488/month

163 Days on Market

Highlights

  • Golf Course Community
  • Golf Course View
  • Wooded Lot
  • Gated Community
  • Community Lake
  • Vaulted Ceiling

About This Home

As of December 2017

An authentic hand hewn log home with all the comforts of modern day living. This is one of those unique homes with an irreplaceable character that captures the essence of mountain living. The great room has high cathedral ceilings with a bold rock fireplace attracting you to the main living area. The outdoor living spaces are private with an enchanting view across the 3rd fairway with Toxaway mountain in the backdrop. As for location you're very close to community amenities. See Video!

Last Agent to Sell the Property

Paul Wilander

Looking Glass Realty Brevard Brokerage Phone: 8289669209 Listed on: 05/12/2017

Last Buyer's Agent

Ross Hyett

Lake Toxaway Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,561

Year Built

  • Built in 1994

Lot Details

  • 0.57 Acre Lot
  • Wooded Lot

Property Views

  • Golf Course
  • Woods
  • Mountain

Home Design

  • Shingle Roof
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Wood Flooring
  • Crawl Space
  • Dryer

Kitchen

  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 8513-70-3795-000

Community Details

Overview

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

Recreation

  • Golf Course Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,561

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.57
  • Water Body Name: Lake Toxaway
  • Subdivision Name: Lake Toxaway Estates
  • Directions: From 64/281 take 281 to left onto Cold Mountain Rd for 1.5 miles to slight left onto N Club Blvd (see Lake Toxaway Estates Sign) Cross over the dam to a left onto Fairway Drive. The property will be on your right.
  • Architectural Style: Log Home
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1994
  • Attribution Contact: 8289669209
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Level, Partially Cleared, Wooded
  • View: Golf Course, Mountain(s), Trees/Woods
  • View: Yes
  • Construction Type: Log Siding
  • Other Structures: Shed(s)
  • Patio And Porch Features: Rear Porch, Enclosed, Front Porch, Porch, Screened, Side Porch
  • Roof: Shingle

Garage/Parking

  • Parking Features: Gravel, None

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: None
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Gated, Lake
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 24829.2
  • Parcel #: 8513-70-3795-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 2561.0
  • Tax Lot: 38
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2017
Closed on
Dec 13, 2017
Sold by
Hendrick Frank O and Hendrick Portia P
Bought by
Harker David B and Harker Susan W
Seller's Agent
Paul Wilander
Looking Glass Realty Brevard
Buyer's Agent
Ross Hyett
Lake Toxaway Company
List Price
$449,000
Sold Price
$414,000
Premium/Discount to List
-$35,000
-7.8%
Current Estimated Value
$1,307,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$893,612
Avg. Annual Appreciation
16.06%
Original Mortgage
$351,900
Outstanding Balance
$295,969
Interest Rate
3.81%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,011,643

Purchase Details

Closed on
Sep 30, 2006
Sold by
Hall Harry G and Hall Linda G
Bought by
Burch Cass and Burch Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,524
Interest Rate
6.45%
Mortgage Type
Unknown

Purchase Details

Closed on
May 1, 1994
Bought by
Hendrick Frank O and Hendrick Portia
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
Harker David B $414,000 None Available
Burch Cass $180,000 None Available
Hendrick Frank O $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harker David B $351,900
Previous Owner Hendrick Frank $42,524
Previous Owner Hendrick Frank $103,475
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2017 12/21/17 Sold $414,000 -7.8% $175 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
05/12/2017 05/12/17 For Sale $449,000 -- $190 / 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 $5,020 $1,003,620 $200,000 $803,620
2024 $2,950 $404,910 $100,000 $304,910
2023 $2,965 $404,910 $100,000 $304,910
2022 $2,648 $402,200 $100,000 $302,200
2021 $2,628 $402,200 $100,000 $302,200
2020 $3,201 $459,940 $0 $0
2019 $3,178 $459,940 $0 $0
2018 $2,601 $459,940 $0 $0
2017 $2,571 $459,940 $0 $0
2016 $2,561 $459,940 $0 $0
2015 $2,246 $526,330 $250,000 $276,330
2014 $2,246 $526,330 $250,000 $276,330
Source: Public Records

Agents Affiliated with this Home

  • Paul Wilander

    Seller's Agent in 2017

    Paul Wilander

    Looking Glass Realty Brevard

    (828) 577-1263

    6 in this area

    12 Total Sales

    Paul Wilander
    Section Image
  • Ross Hyett

    Buyer's Agent in 2017

    Ross Hyett

    Lake Toxaway Company

    (828) 553-0411

    74 in this area

    77 Total Sales

    Ross Hyett
    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 85989

APN: 8513-70-3795-000

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

1588 Fairway Dr, Lake Toxaway, NC

This home is located at 1588 Fairway Dr, Lake Toxaway, NC 28747 since 12 May 2017 and is currently estimated at $1,307,612, approximately $553 per square foot. This property was built in 1994. 1588 Fairway Dr is a home located in Transylvania County.

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