NOT LISTED FOR SALE

221 Cherokee Cir Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $638,994 - $747,000

3 Beds
3 Baths
1,973 Sq Ft
$350/Sq Ft Est. Value

Last Sold June 05, 2018

Last sale price $285,000 $144 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $3,805/month

244 Days on Market

Highlights

  • River View
  • Deck
  • Traditional Architecture
  • Community Lake
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of June 2018

Immaculate year-round home nestled in active, deed restricted community. Paved roads, water system, two lakes, picnic area and dock shared by the community. Exteriorly, this home has it all: Big View, privacy with approximately 2 acres, lush landscape, practically level lot, walking distance to lakes and great neighbors. On the inside, the home provides: hardwood floors, roomy kitchen, 3 bedrooms on main level, two car garage, loft, formal dining, french doors to screened porch, fabulously large workshop and a gigantic deck. Meticulously maintained and loved. Same owner since built in 1992-93. Plenty of extra parking with easy ground level access to front door. 3/3 with ample room for expansion. Come see this unbelievable value. Won't last long.

Last Agent to Sell the Property

Fred Markert

Fred Markert Realty, Inc. Brokerage Phone: 8289664960 License #194439 Listed on: 07/21/2017

Last Buyer's Agent

Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,492

Year Built

  • Built in 1993

Lot Details

  • 1.05

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Workshop
  • Screened Porch
  • River Views
  • Dryer
  • Basement

Kitchen

  • Breakfast Bar
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Septic Tank

Community Details

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

Listing and Financial Details

  • Tax Lot 23,24,25,31
  • Assessor Parcel Number 8523358867,6992,9603&36806

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,492

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Water Body Name: Indian Lake
  • Subdivision Name: Indian Lake Estates
  • Directions: Take 281N from US 64 in Toxaway. Bear left at Slick Fisher Rd. Proceed 1.5 miles to entrance to Indian Lake Estates. Bear right on Hiwassee, pass lakes and turn right on Cherokee Circle. Home on left.
  • Architectural Style: Cottage, Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1993
  • Attribution Contact: 8289664960
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Refrigerator, Washer
  • Has Basement: Other, Concrete
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Breakfast Bar, Vaulted Ceiling(s), Workshop

Exterior Features

  • Lot Features: Level, Partially Cleared
  • View: River
  • Waterfront Features: Deeded Access
  • Construction Type: Wood Siding
  • Exterior Features: Satellite Dish
  • Foundation Details: Block, Poured
  • Patio And Porch Features: Rear Porch, Covered, Deck, Screened
  • Roof: Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake, Park, Water Access
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Parcel #: 8523358867,6992,9603&36806
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 1492.37
  • Tax Lot: 23,24,25,31
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2018
Sold by
Mettler Edward John and Mettler Marie Louise
Bought by
Firebaugh Richard L and Firebaugh Cassandra A
Total Days on Market
244
Current Estimated Value
$665,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Outstanding Balance
$213,283
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$504,962

Purchase Details

Listed on
Jul 21, 2017
Closed on
May 9, 2018
Sold by
Noyes Lois E and Bell Lois E
Bought by
Mettler Edward John and Mettler Marie Louise
Seller's Agent
Fred Markert
Fred Markert Realty, Inc.
Buyer's Agent
Non Member
Non-Member Office
List Price
$369,000
Sold Price
$285,000
Premium/Discount to List
-$84,000
-22.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.70%
Original Mortgage
$199,750
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Firebaugh Richard L $305,000 None Available
Mettler Edward John $271,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Firebaugh Richard L $244,000
Previous Owner Mettler Edward John $199,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2018 06/05/18 Sold $285,000 -22.8% $144 / Sq Ft
03/23/2018 03/23/18 Pending -- -- --
07/21/2017 07/21/17 For Sale $369,000 -- $187 / 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 $2,142 $325,370 $40,500 $284,870
2023 $2,142 $325,370 $40,500 $284,870
2022 $2,142 $325,370 $40,500 $284,870
2021 $2,126 $325,370 $40,500 $284,870
2020 $1,677 $241,000 $0 $0
2019 $1,665 $241,000 $0 $0
2018 $1,363 $241,000 $0 $0
2017 $1,347 $241,000 $0 $0
2016 $1,342 $241,000 $0 $0
2015 $1,098 $259,170 $40,500 $218,670
2014 $1,098 $259,170 $40,500 $218,670
Source: Public Records

Agents Affiliated with this Home

  • Fred Markert

    Seller's Agent in 2018

    Fred Markert

    Fred Markert Realty, Inc.

    (828) 553-3303

    2 in this area

    7 Total Sales

    Section Image

  • N

    Buyer's Agent in 2018

    Non Member

    Non-Member Office

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 86597

APN: 8523-35-8867-000

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

221 Cherokee Cir, Lake Toxaway, NC

This home is located at 221 Cherokee Cir, Lake Toxaway, NC 28747 since 21 July 2017 and is currently estimated at $690,999, approximately $350 per square foot. This property was built in 1993. 221 Cherokee Cir is a home located in Transylvania County.

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