NOT LISTED FOR SALE

251 Island Point Rd Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $1,404,000 - $3,873,000

4 Beds
2 Baths
2,392 Sq Ft
$1,006/Sq Ft Est. Value

Last Sold September 14, 2021

Last sale price $1,495,000 $625 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $14,040/month

Highlights

  • Waterfront
  • Traditional Architecture
  • Wood Flooring
  • Community Lake
  • Cathedral Ceiling
  • Circular Driveway

About This Home

As of September 2021

Tastefully renovated & well maintained on a level lakefront lot with boathouse & dock, paved circular drive, lakeside fire pit & a "Love Shack". Appointed in a mountain lake fashion w/a stone fireplace gracing the living/dining room & sliders opening to a lakeside deck. A galley kitchen is fully equipped & provides space for a breakfast area. 2 bedrooms on the main level, 1 bedroom & a bunk room on the lower & a fabulous detached guest cottage.

Last Agent to Sell the Property

Hazel Fisher

Hazel R. Fisher & Associates License #119323 Listed on: 07/14/2021

Last Buyer's Agent

Hazel Fisher

Hazel R. Fisher & Associates License #119323 Listed on: 07/14/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 0.5

Parking

  • Circular Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 2 Full Bathrooms
  • Cathedral Ceiling
  • Fireplace

Flooring

  • Wood
  • Tile

Additional Features

  • Fire Pit
  • Waterfront
  • Septic Tank

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 8522-37-8757-000

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.93730
  • Ratio Close Price By Original Li: 0.93730
  • Ratio Current Price By Acre: 2990000.00
  • Ratio Current Price By Sq Ft: 625.00
  • Year Built: 1965
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Equipment: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Exhaust Fan, Microwave, Refrigerator, Washer
  • Fireplace Description: FAMILYRM, Living Room
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Cathedral Ceiling(s)
  • Laundry Location: Basement
  • Room Count: 2
  • Sq Ft Basement: 1092
  • Main Level Sq Ft: 1300
  • Total Sq Ft: 2392

Exterior Features

  • Construction: Stone Veneer, Wood
  • Construction Type: Site Built
  • Exterior Features: Fire pit

Garage/Parking

  • Driveway: Asphalt, Circular
  • Parking: Driveway

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee Frequency: Annually
  • HOA Management Company: 2272
  • Hoa Subject To Dues: Voluntary

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Lake, Paved Frontage, Waterfront, Year Round View
  • Lot Size Area: 0.500
  • Parcel Number: 8522-37-8757-000
  • Plat Reference Section Pages: 2/169

Tax Info

  • Tax Value: 973530.00
  • Tax Location: Transylvania

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2024
Sold by
Andjen Trust
Bought by
Reciprocity Trust and Mcalexander-Holmes
Total Days on Market
0
Current Estimated Value
$2,405,938

Purchase Details

Listed on
Jul 14, 2021
Closed on
Aug 30, 2021
Sold by
Kinda Lousy Llc
Bought by
Mcalexander Holmes Deborah and Andjen Trust
Seller's Agent
Hazel Fisher
Hazel R. Fisher & Associates
Buyer's Agent
Hazel Fisher
Hazel R. Fisher & Associates
List Price
$1,595,000
Sold Price
$1,495,000
Premium/Discount to List
-$100,000
-6.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.64%
Original Mortgage
$1,745,246
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 1, 2019
Sold by
Hartley David A and Hartley Mia
Bought by
Kinda Lousy Llc

Purchase Details

Closed on
Jan 1, 2003
Bought by
Hartley David A
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
Reciprocity Trust -- None Listed On Document
Mcalexander Holmes Deborah $1,495,000 None Available
Kinda Lousy Llc -- None Available
Hartley David A $1,210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcalexander Holmes Deborah $1,745,246
Previous Owner Hartley Mia $388,750
Previous Owner Hartley David A $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2021 09/14/21 Sold $1,495,000 -6.3% $625 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $1,595,000 -- $667 / 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
2024 $6,409 $973,530 $750,000 $223,530
2023 $6,409 $973,530 $750,000 $223,530
2022 $6,409 $973,530 $750,000 $223,530
2021 $6,360 $973,530 $750,000 $223,530
2020 $7,181 $1,031,820 $0 $0
2019 $7,130 $1,031,820 $0 $0
2018 $5,834 $1,031,820 $0 $0
2017 $5,767 $1,031,820 $0 $0
2016 $5,746 $1,031,820 $0 $0
2015 $5,135 $1,212,130 $1,000,000 $212,130
2014 $5,135 $1,212,130 $1,000,000 $212,130
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Hazel Fisher

    Hazel R. Fisher & Associates

    (828) 966-9012

    59 in this area

    64 Total Sales

    Hazel Fisher
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3763764

Canopy MLS (Canopy Realtor® Association)

APN: 8522-37-8757-000

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

251 Island Point Rd, Lake Toxaway, NC

This home is located at 251 Island Point Rd, Lake Toxaway, NC 28747 since 14 July 2021 and is currently estimated at $2,405,938, approximately $1,005 per square foot. This property was built in 1965. 251 Island Point Rd is a home located in Transylvania County.

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