NOT LISTED FOR SALE

1981 Cold Mountain Rd Unit EE5 Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $2,801,507 - $4,424,000

3 Beds
3 Baths
2,091 Sq Ft
$1,756/Sq Ft Est. Value

Last Sold January 23, 2020

Last sale price $1,100,000 $526 Per Sq Ft

Est. 234% increase in value since last sale

Current estimated payment $21,535/month

Highlights

  • Golf Course Community
  • Waterfront
  • Community Lake
  • Fitness Center
  • Open Floorplan
  • Clubhouse

About This Home

As of January 2020

Fun 3 bedroom, 3 bath, 2091 sq. ft. mountain contemporary/chalet on Historic Lake Toxaway with views of Toxaway Mountain. Very nice open floor plan with dining room, living room, and kitchen all as one. Walk down the asphalt path to the patio top of the boat house, then down to the oversize boat dock for your fun on the lake.

Last Agent to Sell the Property

Ross Hyett

Lake Toxaway Co. License #200495 Listed on: 12/10/2019

Last Buyer's Agent

Kenneth McCall

Lake Toxaway Co. License #197685

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 0.72

HOA Fees

  • $198 Monthly HOA Fees

Home Design

  • Transitional Architecture

Interior Spaces

  • 3 Full Bathrooms
  • Open Floorplan
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Wood Flooring
  • Crawl Space
  • Kitchen Island

Additional Features

  • Waterfront
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 8513-81-5552-000
  • Tax Block EE

Community Details

Overview

  • Ipm Association, Phone Number (828) 966-9453
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0

HOA Fees

$198 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.88000
  • Ratio Close Price By Original Li: 0.88000
  • Ratio Current Price By Acre: 1527777.78
  • Ratio Current Price By Sq Ft: 526.06
  • Year Built: 1979
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 498
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Convection Oven, Cooktop Gas, Dishwasher, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Fireplace Description: Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • H O A Management Phone: 828-966-9453
  • Interior Amenities: Cathedral Ceiling(s), Kitchen Island, Open Floorplan, Vaulted Ceiling
  • Laundry Location: Upper
  • Room Count: 1
  • Main Level Sq Ft: 1593
  • Total Sq Ft: 2091

Exterior Features

  • Construction: Rough Sawn, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Carport - 2 Car, Parking Space - 1

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Golf Course, Lake, Outdoor Pool, Playground, Recreation Area, Tennis Court(s), Walking Trails
  • Association Fee: 2371.00
  • Association Fee Frequency: Annually
  • HOA Management Company: IPM
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Lake Access, Mountain View, Paved Frontage, Sloping, Water view, Waterfront
  • Lot Size Area: 0.720
  • Parcel Number: 8513-81-5552-000
  • Plat Book Slide: slide 88
  • Plat Reference Section Pages: 88

Tax Info

  • Tax Value: 1100620.00
  • Tax Block: EE
  • Tax Location: Brevard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2019
Closed on
Jan 9, 2020
Sold by
Kimmey J Lansing J and Kimmey Susan P
Bought by
Hampton Thomas A and Hampton Elizabeth L
Seller's Agent
Ross Hyett
Lake Toxaway Co.
Buyer's Agent
Kenneth McCall
Lake Toxaway Co.
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Total Days on Market
0
Current Estimated Value
$3,671,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,571,836
Avg. Annual Appreciation
25.11%
Original Mortgage
$850,000
Outstanding Balance
$755,840
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$2,915,996

Purchase Details

Closed on
Mar 1, 1999
Bought by
Kimmey Lansing and Kimmey Susan P
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
Hampton Thomas A $1,100,000 None Available
Kimmey Lansing $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hampton Thomas A $850,000
Previous Owner Ki Mmey I I I John Lansi Ng $420,000
Previous Owner Kimmey Lansing J $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2020 01/23/20 Sold $1,100,000 -12.0% $526 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
12/10/2019 12/10/19 For Sale $1,250,000 -- $598 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $9,647 $1,413,500 $850,000 $563,500
2023 $9,665 $1,413,500 $850,000 $563,500
2022 $9,684 $1,413,500 $850,000 $563,500
2021 $7,593 $1,391,150 $850,000 $541,150
2020 $7,850 $1,100,620 $0 $0
2019 $7,785 $1,100,620 $0 $0
2018 $6,378 $1,100,620 $0 $0
2017 $6,173 $1,100,620 $0 $0
2016 $6,150 $1,100,620 $0 $0
2015 $5,512 $1,296,390 $1,100,000 $196,390
2014 $5,512 $1,296,390 $1,100,000 $196,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3575341

Canopy MLS (Canopy Realtor® Association)

APN: 8513-81-5552-000