NOT LISTED FOR SALE

Estimated Value: $1,112,000

3 Beds
2 Baths
1,920 Sq Ft
$579/Sq Ft Est. Value

Last Sold December 18, 2017

Last sale price $500,000 $260 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $7,457/month

13 Days on Market

Highlights

  • Waterfront
  • Ranch Style House
  • Vinyl Flooring
  • Community Lake
  • Fireplace

About This Home

As of December 2017

This exceptional Lake Toxaway property has been owned by the same family since 1976. The small cottage is in need of renovation, but the price is for the land so that the new buyer can either renovate the existing or tear it down and build a new custom home. This is a fantastic lot that has a very easy topography, and it is perfect distance from the entrance of the community. There is a boathouse for keeping your boat under cover and it has a storage area as well. Great opportunity!

Last Listed By

Josh Burdette

Looking Glass Realty License #194386 Listed on: 09/08/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 0.84

HOA Fees

  • $180 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Vinyl Flooring
  • Crawl Space

Additional Features

  • Waterfront
  • Well

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 8522027090000
  • Tax Block B

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.64935
  • Ratio Close Price By Original Li: 0.64935
  • Ratio Current Price By Acre: 595238.10
  • Ratio Current Price By Sq Ft: 260.42
  • Year Built: 1965
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Block, Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Exhaust Hood, Refrigerator
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • H O A Management Phone: 8289669453
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1920
  • Total Sq Ft: 1920

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Boat House
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway

Utilities

  • Heating: Electric Hot Air, No A/C
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 2164.00
  • 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: Waterfront, Lake Access
  • Lot Size Area: 0.840
  • Parcel Number: 8522027090000
  • Plat Book Slide: 2/156
  • Plat Reference Section Pages: 246

Tax Info

  • Tax Value: 752460.00
  • Tax Amount Ncm: 4232.00
  • Tax Block: B
  • Tax Location: Transylvania

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2021
Sold by
B & A Real Estate Llc
Bought by
Toxaway Property Llc
Total Days on Market
13
Current Estimated Value
$1,112,000

Purchase Details

Listed on
Sep 8, 2017
Closed on
Dec 18, 2017
Sold by
Rice Edwin R
Bought by
Brevard Properties Llc
Seller's Agent
Josh Burdette
Looking Glass Realty
Buyer's Agent
Team Looking Glass Realty
Looking Glass Realty
List Price
$770,000
Sold Price
$500,000
Premium/Discount to List
-$270,000
-35.06%

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
Toxaway Property Llc -- None Available
Brevard Properties Llc $500,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2017 12/18/17 Sold $500,000 -35.1% $260 / Sq Ft
09/21/2017 09/21/17 Pending -- -- --
09/08/2017 09/08/17 For Sale $770,000 -- $401 / 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
2023 -- $672,620 $650,000 $22,620
2022 $0 $672,620 $650,000 $22,620
2021 $0 $672,620 $650,000 $22,620
2020 $4,652 $668,390 $0 $0
2019 $4,619 $668,390 $0 $0
2018 $4,254 $752,460 $0 $0
2017 $4,232 $752,460 $0 $0
2016 $3,821 $752,460 $0 $0
2015 $3,821 $895,600 $750,000 $145,600
2014 $3,821 $895,600 $750,000 $145,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3319087

Canopy MLS (Canopy Realtor® Association)

APN: 8522-02-7090-000