NOT LISTED FOR SALE

1737 Toxaway Dr Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $1,799,295

3 Beds
3.5 Baths
3,092 Sq Ft
$582/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $1,600,000 $517 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $10,611/month

90 Days on Market

Highlights

  • 2.33 Acre Lot
  • Cathedral Ceiling
  • Covered patio or porch
  • Mountain View
  • Wood Flooring
  • Community Playground

About This Home

As of March 2022

Picturesque, private mountain cottage nestled on Toxaway Mountain with a lovely cathedral ceiling in the great room coupled with handsome heart pine floors. Spacious, open floor plan with a master on the main level. Two bedrooms downstairs complete with their own bathrooms in addition to a comfortable sitting area. This home boasts a lovely outdoor side porch perfect for entertaining, relaxing and admiring the year round mountain views.

Last Agent to Sell the Property

Mo Mitchell

Lake Toxaway Company Brokerage Phone: 8289664260 Listed on: 09/21/2021

Co-Listed By

Mish Nichols

Lake Toxaway Company Brokerage Phone: 8289664260

Last Buyer's Agent

Ross Hyett

Lake Toxaway Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,242

Year Built

  • Built in 2003

Lot Details

  • 2.33

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Mountain Views
  • Dryer
  • Partially Finished Basement

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Heating Available
  • Spring water is a source of water for the property
  • Septic Tank
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • 2.33 Acre Lot

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 8512-29-7234-000

Community Details

Overview

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

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,242

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.33
  • Co List Office Mls Id: 258
  • Co List Office Phone: 828-966-4260
  • Subdivision Name: Lake Toxaway Estates
  • Directions: From Lake Toxaway Estates Main entrance, follow West Club Blvd to first stop sign. Stay straight onto Chestnut Trace to next stop sign. Turn left at stop sign bearing to the left onto Toxaway Drive. Stay on Toxaway Drive to the top of the mountain, for 1.4 miles looking for mailbox on the left. Gravel driveway.
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 2003
  • Attribution Contact: 8289664260
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Freezer, Disposal, Gas Oven, Microwave, Refrigerator, Washer, Water Purifier
  • Has Basement: Partially Finished, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Jetted Tub

Exterior Features

  • Lot Features: Other, Partially Cleared
  • View: Mountain(s)
  • View: Yes
  • Exterior Features: Other
  • Foundation Details: Poured
  • Patio And Porch Features: Covered, Side Porch
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other, See Remarks
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Spring

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 101494.8
  • Parcel #: 8512-29-7234-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 5241.89
  • Tax Lot: 32
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2021
Closed on
Mar 9, 2022
Sold by
Smith Micheal D and Harden Dolly
Bought by
Marks Norman and Marks Paige P
Seller's Agent
Mo Mitchell
Lake Toxaway Company
Buyer's Agent
Ross Hyett
Lake Toxaway Company
List Price
$1,650,000
Sold Price
$1,600,000
Premium/Discount to List
-$50,000
-3.03%
Total Days on Market
90
Current Estimated Value
$1,799,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,295
Avg. Annual Appreciation
3.72%
Original Mortgage
$1,120,000
Outstanding Balance
$1,038,139
Interest Rate
2.38%
Mortgage Type
New Conventional
Estimated Equity
$761,156

Purchase Details

Closed on
Apr 9, 2009
Sold by
Toxaway Holdings Llc
Bought by
Smith Michael D
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
Marks Norman $1,600,000 Henson & Black Pllc
Smith Michael D $850,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marks Norman $1,120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $1,600,000 -3.0% $517 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
10/18/2021 10/18/21 For Sale $1,650,000 -- $534 / 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 $6,121 $844,090 $200,000 $644,090
2023 $6,149 $844,090 $200,000 $644,090
2022 $5,282 $802,370 $200,000 $602,370
2021 $5,242 $802,370 $200,000 $602,370
2020 $5,048 $725,240 $0 $0
2019 $5,011 $725,240 $0 $0
2018 $4,101 $725,240 $0 $0
2017 $4,053 $725,240 $0 $0
2016 $4,039 $725,240 $0 $0
2015 $3,266 $761,540 $240,000 $521,540
2014 $3,266 $761,540 $240,000 $521,540
Source: Public Records

Agents Affiliated with this Home

  • Mo Mitchell

    Seller's Agent in 2022

    Mo Mitchell

    Lake Toxaway Company

    (828) 553-3319

    74 in this area

    74 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
  • Ross Hyett

    Buyer's Agent in 2022

    Ross Hyett

    Lake Toxaway Company

    (828) 553-0411

    78 in this area

    82 Total Sales

    Ross Hyett
    Section Image
See All Agents

Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 97718

APN: 8512-29-7234-000

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

1737 Toxaway Dr, Lake Toxaway, NC

This home is located at 1737 Toxaway Dr, Lake Toxaway, NC 28747 since 21 September 2021 and is currently estimated at $1,799,295, approximately $581 per square foot. This property was built in 2003. 1737 Toxaway Dr is a home located in Transylvania County.

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