$845,000
SOLD MAR 23, 2021
3 Beds
4 Baths
1,910 Sq Ft
4.19 Acres

Recently Sold

$442 Per Sq Ft

45 Days on Market

Highlights

  • Marina
  • Fitness Center
  • Mountain View
  • Golf Course Community
  • 4.19 Acre Lot
  • Community Lake

About This Home

As of March 2021

Perched on four gently rolling acres overlooking serene Lake Cardinal, this charming home is surrounded by lush moss gardens and exquisite nature. The desirable open floor plan and large custom windows strategically placed throughout allow for spectacular year round views of both Lake Cardinal and Toxaway Mountain. This inviting home features on the main level: a great room with tall ceilings, a handsome stone fireplace, dining area, a kitchen - all with breathtaking views of the lake and mountains. The master bedroom is on the main level, and 2 guest bedrooms on the upper mezzanine. The lower level boasts a large family room, 2 bonus rooms and attached baths. With over 1,600 square feet of porches on both the main and lower level in addition to a cozy outdoor fire pit, this home is ideal for outdoor living and entertaining. It is a private oasis yet only a short distance from the popular community amenities and the award winning Lake Toxaway Country Club (for members). Please note: no septic permit on file with the Transylvania County health department. Most furnishings remain. An exclusion list will be made available to interested buyers.

Last Agent to Sell the Property

Mo Mitchell

Lake Toxaway Company Brokerage Phone: 8289664260 Listed on: 02/05/2021

Co-Listed By

Mish Nichols

Lake Toxaway Company Brokerage Phone: 8289664260

Last Buyer's Agent

Kathy Balistreri

Balistreri Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,219

Year Built

  • Built in 1973

Lot Details

  • 4.19 Acre Lot
  • Lot Has A Rolling Slope
  • Garden

Parking

  • 2 Carport Spaces

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Partially Furnished
  • Wood Flooring
  • Mountain Views
  • Finished Basement
  • Walk-Out Basement
  • Dishwasher
  • Dryer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Covered patio or porch
  • Fire Pit

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 9R
  • Assessor Parcel Number 8513-72-4707-000

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,219

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.19
  • Water Body Name: Lake Toxaway
  • Co List Office Mls Id: 258
  • Co List Office Phone: 828-966-4260
  • Subdivision Name: Lake Toxaway Estates
  • Directions: From Highway 64, turn onto Blue Ridge Road (also known as NC-281 N), take a left onto Cold Mountain Road and follow the road for 2.4 miles, pass the "panther ridge" stone sign, then look for driveway on your right with carved bear holding up sign for "2454."
  • Architectural Style: Bungalow
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1973
  • Attribution Contact: 8289664260
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Refrigerator, Washer
  • Has Basement: Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Flooring: Brick, Wood

Exterior Features

  • Lot Features: Level, Other, Rolling Slope
  • Pool Features: Community
  • View: Mountain(s)
  • View: Yes
  • Disclosures: Other
  • Construction Type: Wood Siding
  • Exterior Features: Fire Pit, Garden
  • Other Structures: Workshop
  • Patio And Porch Features: Covered, Front Porch
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 2.0
  • Covered Parking Spaces: 2.0
  • Parking Features: Carport, Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Stable(s), Lake, Marina, Playground, Pool, Tennis Court(s), Trails/Paths
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 182516.4
  • Parcel #: 8513-72-4707-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 3219.14
  • Tax Lot: 9R
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Mar 4, 2021
Sold by
Jackson Robert T and Nelson Linda S
Bought by
Chappell Edwin Tyler and Chappell Sarah D
Seller's Agent
Mo Mitchell
Lake Toxaway Company
Buyer's Agent
Kathy Balistreri
Balistreri Realty
List Price
$845,000
Sold Price
$845,000
Current Estimated Value
$1,684,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$839,209
Avg. Annual Appreciation
22.04%

Purchase Details

Listed on
May 18, 2010
Closed on
Jul 18, 2012
Sold by
Nix J Elmer J and Nix Rosemary C
Bought by
Jackson Robert T and Nelson Linda S
Seller's Agent
Dave Guest
Lake Toxaway Co.
Buyer's Agent
Roy Brasington
Lake Toxaway Co.
List Price
$739,000
Sold Price
$452,500
Premium/Discount to List
-$286,500
-38.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$352,500
Interest Rate
3.68%
Mortgage Type
New Conventional
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 $845,000 None Available
Warranty Deed $453,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $548,250 New Conventional
Previous Owner $150,000 Credit Line Revolving
Previous Owner $352,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2021 03/23/21 Sold $845,000 0.0% $442 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $845,000 +86.7% $442 / Sq Ft
07/26/2012 07/26/12 Sold $452,500 -38.8% $137 / Sq Ft
07/22/2012 07/22/12 Pending -- -- --
05/18/2010 05/18/10 For Sale $739,000 -- $224 / 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 $4,494 $682,630 $250,000 $432,630
2023 $4,494 $682,630 $250,000 $432,630
2022 $4,494 $682,630 $250,000 $432,630
2021 $3,601 $682,630 $250,000 $432,630
2020 $3,219 $462,520 $0 $0
2019 $3,196 $462,520 $0 $0
2018 $2,615 $462,520 $0 $0
2017 $2,585 $462,520 $0 $0
2016 $2,576 $462,520 $0 $0
2015 -- $717,670 $500,000 $217,670
2014 -- $717,670 $500,000 $217,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 95665

APN: 8513-72-4707-000