NOT LISTED FOR SALE

20 Horseplay Ln Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $327,151 - $530,000

3 Beds
3 Baths
2,284 Sq Ft
$177/Sq Ft Est. Value

Last Sold July 22, 2020

Last sale price $155,000 $68 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $2,353/month

11 Days on Market

Highlights

  • View of Trees or Woods
  • Wood Flooring
  • Double Oven
  • Wooded Lot
  • No HOA
  • Eat-In Kitchen

About This Home

As of July 2020

If you're looking for an investment opportunity, look no further! Multiple possibilities with this one - one example is move into the main level with 3 beds and 2 baths, while converting the upstairs into an apartment for rental income and increasing the equity at the same time! The kitchen has an industrial refrigerator and all stainless appliances, coupled with large prep space and bar to make this a great space to work in. Beds are all on one side of the home, with a jack-and-jill style bath between. Master bath was remodeled with nice tile, vanity, and fixtures. Upstairs has additional outside entrances, but are blocked off due to decks/stairs needing replacement. Full bathroom and a small kitchenette already exist up here, but it's still a blank slate for your own personal touch! While fully livable, some extra work would go a long way to make this a beautiful home! Outside is a small peninsula surrounded by a creek, which would make a great outdoor space to relax or cookout on.

Last Agent to Sell the Property

Scott R Smith

Looking Glass Realty Sapphire Brokerage Phone: 8289669209 Listed on: 06/11/2020

Last Buyer's Agent

Jimmy Wynn

WNCproperty.com Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,041

Year Built

  • Built in 1983

Lot Details

  • 1.34 Acre Lot
  • Wooded Lot

Parking

  • 1 Car Garage

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Views of Woods
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Ductless Heating Or Cooling System
  • Central Air
  • Heating Available
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 8532-75-7488-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,041

Year Built

Built in 1983

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.336
  • Subdivision Name: None
  • Directions: Take US 64 E towards Cashiers. House is on the right, across from TC Henderson and next to the community center.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1983
  • Attribution Contact: 8289669209
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Double Oven, Dryer, Dishwasher, Exhaust Fan, Electric Oven, Gas Oven, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Tile, Wood
  • Interior Amenities: Eat-in Kitchen

Exterior Features

  • Lot Features: Other, Wooded
  • View: Trees/Woods
  • View: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Other
  • Foundation Details: Block
  • Patio And Porch Features: Front Porch
  • Roof: Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Garage, One Car Garage, Gravel

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Ductless
  • Cooling Y N: Yes
  • Heating: Ductless, Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Other, See Remarks
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Other
  • Association: No

Lot Info

  • Lot Size Sq Ft: 58370.4
  • Parcel #: 8532-75-7488-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 1041.27
  • Tax Lot: 4
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2020
Closed on
Jul 22, 2020
Sold by
Mckinney Rachel Erin Leary and Mckinney Eric Douglas
Bought by
Mcdonald Chris Alan and Mcdonald Marina Atanasova
Seller's Agent
Scott R Smith
Looking Glass Realty Sapphire
Buyer's Agent
Jimmy Wynn
WNCproperty.com Inc.
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%
Total Days on Market
11
Current Estimated Value
$404,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,288
Avg. Annual Appreciation
21.76%
Original Mortgage
$139,500
Outstanding Balance
$103,022
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$301,266

Purchase Details

Closed on
Feb 9, 2018
Sold by
Gilbert John M
Bought by
Leary Rachel Erin and Mckinney Eric Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,588
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 2000
Bought by
Goodwin Shelia Ann
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
Mcdonald Chris Alan $155,000 None Available
Leary Rachel Erin $105,500 None Available
Goodwin Shelia Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonald Chris Alan $139,500
Previous Owner Mckinney Rachel Erin $121,336
Previous Owner Leary Rachel Erin $103,588
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2020 07/22/20 Sold $155,000 -6.1% $68 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $165,000 -- $72 / 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 $991 $150,530 $30,000 $120,530
2023 $991 $150,530 $30,000 $120,530
2022 $991 $150,530 $30,000 $120,530
2021 $983 $150,530 $30,000 $120,530
2020 $1,049 $150,690 $0 $0
2019 $1,041 $150,690 $0 $0
2018 $852 $150,690 $0 $0
2017 $842 $150,690 $0 $0
2016 $839 $150,690 $0 $0
2015 $781 $163,450 $30,150 $133,300
2014 $781 $163,450 $30,150 $133,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Scott R Smith

    Looking Glass Realty Sapphire

    (828) 506-2117

    5 in this area

    34 Total Sales

    Scott R Smith
    Section Image

  • J

    Buyer's Agent in 2020

    Jimmy Wynn

    WNCproperty.com Inc.

    (828) 506-2700

    6 in this area

    14 Total Sales

    Jimmy Wynn
    Section Image
See All Agents

Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 93679

APN: 8532-75-7488-000

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

20 Horseplay Ln, Lake Toxaway, NC

This home is located at 20 Horseplay Ln, Lake Toxaway, NC 28747 since 11 June 2020 and is currently estimated at $404,288, approximately $177 per square foot. This property was built in 1983. 20 Horseplay Ln is a home located in Transylvania County.

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