$369,000
SOLD AUG 5, 2021

221 Toxaway Falls Dr Unit 4 Lake Toxaway, NC 28747

Lake Toxaway Neighborhood
2 Beds
2 Baths
1,232 Sq Ft
$398/mo HOA Fee

Recently Sold

$300 Per Sq Ft

13% Below List Price

67 Days on Market

Highlights

  • Panoramic View
  • Traditional Architecture
  • Community Pool
  • Deck
  • Wood Flooring
  • Covered patio or porch

About This Home

As of August 2021

A gorgeous waterfall and a great opportunity to reside in Toxaway Falls, these units rarely come on the market. The condo is located at walk-in level with stunning views of the waterfall. All new appliances, new commodes, new wine coolers, new gas logs in the fireplace, and new faucets, along with raised vanities, are included in the major upgrades. A wood ceiling was added in the bathroom, as well as a new shower door in the master bath. All rooms were freshly painted, with fresh Karastan wool carpet in the living room. Come and relax on the back deck overlooking the incredible waterfall. Offering great rental potential, this home is an investor's dream.

Last Agent to Sell the Property

Jodi Moore

Silver Creek Real Estate Group, Inc. Brokerage Phone: 8287431999 Listed on: 05/07/2021

Last Buyer's Agent

Mary Coker

Looking Glass Realty Sapphire

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $920

Year Built

  • Built in 1981

Lot Details

  • Steep Slope

HOA Fees

  • $398 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Window Treatments
  • Living Room with Fireplace
  • Panoramic Views
  • Crawl Space
  • Dryer

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 8522-52-3554-404

Community Details

Overview

  • Toxaway Falls Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$920

Year Built

Built in 1981

Lot Details

0

HOA Fees

$398 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: Toxaway Falls
  • Directions: From Cashiers take Highway 64 East past Lake Toxaway Estates main entrance. Once you reach the Falls Restaurant on the right turn into parking lot and then veer to the right and then turn left on Toxaway Falls Drive. At bottom of road go over wood bridge and then turn left and follow around till you get to the unit on the left. Unit is #4 on main level in middle. Parking out front.
  • Architectural Style: Traditional
  • Building Name: Toxaway Falls
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1981
  • Attribution Contact: 8287431999
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Oven, Microwave, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Steep Slope, Waterfall
  • Pool Features: Community
  • View: Panoramic
  • View: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: None
  • Patio And Porch Features: Covered, Deck, Porch
  • Roof: Shingle

Garage/Parking

  • Parking Features: Additional Parking, None, Paved

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Cable Available, High Speed Internet Available

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 4781.72
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 8522-52-3554-404

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 920.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Aug 5, 2021
Sold by
Trisolin1 Robert E and Trisolin1 Robert D
Bought by
Doyle Thomas J
Seller's Agent
Jodi Moore
Silver Creek Real Estate Group, Inc.
Buyer's Agent
Mary Coker
Looking Glass Realty Sapphire
List Price
$424,900
Sold Price
$369,000
Premium/Discount to List
-$55,900
-13.16%
Total Days on Market
67
Current Estimated Value
$549,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,163
Avg. Annual Appreciation
10.91%

Purchase Details

Closed on
Nov 1, 2014
Bought by
Walthew John K and Walthew Shirley H
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 Type Sale Price Title Company
Warranty Deed $369,000 Coward Hicks & Siler Pa
Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2021 08/05/21 Sold $369,000 -13.2% $300 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
05/08/2021 05/08/21 For Sale $424,900 +203.5% $345 / Sq Ft
12/18/2015 12/18/15 Sold $140,000 0.0% $114 / Sq Ft
12/18/2015 12/18/15 Sold $140,000 -11.9% $114 / Sq Ft
12/11/2015 12/11/15 Pending -- -- --
12/04/2015 12/04/15 Pending -- -- --
12/02/2015 12/02/15 For Sale $159,000 0.0% $129 / Sq Ft
11/04/2015 11/04/15 For Sale $159,000 -- $129 / 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 $957 $145,370 $15,000 $130,370
2023 $957 $145,370 $15,000 $130,370
2022 $957 $145,370 $15,000 $130,370
2021 $950 $145,370 $15,000 $130,370
2020 $920 $132,170 $0 $0
2019 $913 $132,170 $0 $0
2018 $747 $132,170 $0 $0
2017 $739 $132,170 $0 $0
2016 $736 $132,170 $0 $0
2015 -- $175,040 $75,000 $100,040
2014 -- $175,040 $75,000 $100,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 96426

APN: 8522-52-3554-404