NOT LISTED FOR SALE

168 Summit Ridge Rd Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $1,426,333

3 Beds
4.5 Baths
-- Sq Ft
1.85 Acres

Last Sold November 09, 2017

Last sale price $475,000

Est. 200% increase in value since last sale

Current estimated payment $8,392/month

1,475 Days on Market

Highlights

  • Marina
  • Panoramic View
  • Community Lake
  • Golf Course Community
  • 1.85 Acre Lot
  • Clubhouse

About This Home

As of November 2017

Price reduced AGAIN! Sitting on top of the world on an oversized lot, this charming family home boasts dramatic mountain views and natural privacy. Light and open, there's room for the whole clan in the 3 bedrooms and 2 bonus rooms. Ceiling high stone fireplace, lower level family room, great open kitchen. The view is killer. The 4000+ ft elevation means it's always cooler here. Sold completely furnished. A most welcoming mountain home.

Mo Mitchell

Lake Toxaway Company Brokerage Phone: 8289664260 Listed on: 05/17/2010

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,092

Year Built

  • Built in 1995

Lot Details

  • 1.85 Acre Lot
  • Wooded Lot

Property Views

  • Panoramic
  • Mountain

Home Design

  • Traditional Architecture
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Furnished
  • Built-In Features
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Stone Fireplace
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Dryer
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Attached Garage
  • 2 Carport Spaces

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

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

Listing and Financial Details

  • Tax Lot TMIV-25R
  • Assessor Parcel Number 8512-19-9365-000

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,092

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.85
  • Subdivision Name: Lake Toxaway Estates
  • Directions: From the main entrance to Lake Toxaway Estates on Hwy 64, go to the 2nd stop sign (3.5 mi). Turn left, then immediately bear left up Toxaway Mountain. Follow Toxaway Drive until the road divides with trees in the middle...just before that, turn left on Summit Ridge Road. Look for 168 on the right.
  • Architectural Style: Tri-Level, Traditional
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1995
  • Attribution Contact: 8289664260
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Oven, Microwave, Refrigerator, Washer
  • Has Basement: Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room, Masonry, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Breakfast Bar, Built-in Features, Eat-in Kitchen, Pantry, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Other, Wooded
  • Pool Features: Community
  • View: Mountain(s), Panoramic
  • View: Yes
  • Waterfront Features: Deeded Access
  • Construction Type: Frame, Stone, Wood Siding
  • Foundation Details: Block
  • Patio And Porch Features: Rear Porch, Covered, Deck, Front Porch, Side Porch
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 2.0
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Carport, Paved

Utilities

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

Condo/Co-op/Association

  • Community Features: Clubhouse, Golf, Lake, Marina, Playground, Pool, Tennis Court(s), Trails/Paths, Water Access
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 80586.0
  • Parcel #: 8512-19-9365-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 4091.99
  • Tax Lot: TMIV-25R
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2010
Closed on
Dec 15, 2017
Sold by
Tharp John S and Tharp Elizabeth H
Bought by
Tharp Family Llc
Buyer's Agent
Mo Mitchell
Lake Toxaway Company
List Price
$749,000
Sold Price
$475,000
Premium/Discount to List
-$274,000
-36.58%
Total Days on Market
1475
Current Estimated Value
$1,426,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$951,333
Avg. Annual Appreciation
15.61%

Purchase Details

Closed on
Sep 7, 2017
Sold by
Hackney William R and Hackney Gayle G
Bought by
Tharp John S and Tharp Elizabeth H

Purchase Details

Closed on
Mar 1, 2002
Bought by
Hackney William R
Source: Public Records

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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
Tharp Family Llc -- Chicago Title Insurance Comp
Tharp John S $475,000 None Available
Hackney William R $975,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2017 11/09/17 Sold $475,000 -36.6% --
11/03/2017 11/03/17 Pending -- -- --
09/26/2013 09/26/13 For Sale $749,000 -- --
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 $4,627 $702,860 $200,000 $502,860
2023 $4,627 $702,860 $200,000 $502,860
2022 $4,627 $702,860 $200,000 $502,860
2021 $4,592 $702,860 $200,000 $502,860
2020 $4,711 $676,850 $0 $0
2019 $4,677 $676,850 $0 $0
2018 $3,827 $739,350 $0 $0
2017 $4,107 $734,780 $0 $0
2016 $4,092 $734,780 $0 $0
2015 $4,236 $999,950 $300,000 $699,950
2014 $4,236 $999,950 $300,000 $699,950
Source: Public Records

Agents Affiliated with this Home

  • Mo Mitchell

    Buyer's Agent in 2017

    Mo Mitchell

    Lake Toxaway Company

    (828) 553-3319

    74 in this area

    74 Total Sales

    Mo Mitchell
    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 78254

APN: 8512-19-9365-000

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

168 Summit Ridge Rd, Lake Toxaway, NC

This home is located at 168 Summit Ridge Rd, Lake Toxaway, NC 28747 since 17 May 2010 and is currently priced at $1,426,333. This property was built in 1995. 168 Summit Ridge Rd is a home located in Transylvania County.

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