NOT LISTED FOR SALE

251 Mills Creek Point Rd Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $1,550,942

3 Beds
4 Baths
3,494 Sq Ft
$444/Sq Ft Est. Value

Last Sold August 24, 2016

Last sale price $900,000 $258 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $9,375/month

304 Days on Market

Highlights

  • Marina
  • Fitness Center
  • 2.51 Acre Lot
  • Golf Course Community
  • Panoramic View
  • Community Lake

About This Home

As of August 2016

This high quality custom built home has one of Lake Toxaway's most spectacular views; it overlooks Lake Toxaway, Lake Cardinal, and 50+ mile view of multiple mountain ranges. Enjoy a breathtaking panoramic view from every room. The living room has cathedral ceilings with two floor-to-ceiling walls of windows and a massive, native stone, masonry fireplace. The gourmet kitchen has ample counter space, an island, a breakfast bar, a commercial gas stove with dual electric ovens and a view that makes cooking a delight. The master suite has the second native stone fireplace, a large walk-in closet, a private balcony and a spacious master bath with dual vanities, shower and jet tub with lake and mountain views. Also connected to the master suite is a sitting room/media room perfect for unwinding at day's end, The main floor also has a large men's den with a wet bar, room for a billiard table and room for lounging in front of the television or playing cards. Two arched doorways lead from the den to the screened outdoor kitchen overlooking the craggy stone faces Panthertail Mountain and the beautiful blue waters of Lake Cardinal. With a large outdoor fireplace and a 48 grill/rotisserie, one can enjoy the cool summer breezes or the brilliant colors of the October leaves. The screened porch has the sound of falling water from the custom-built waterfall that runs next to the porch and under the covered walkway to the two car garage. The second story of this home has two guest rooms with in-suite baths connected by a loft. This is a home in which friends and family will marvel at the vistas, comfort, privacy and mountain greenery.

Alan Cone

Keller Williams Great Smokies Brokerage Phone: 8284820986 Listed on: 06/01/2015

Keller Williams Great Smokies

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,037

Year Built

  • Built in 1998

Lot Details

  • 2.51 Acre Lot
  • Steep Slope
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Lake
  • Panoramic
  • Mountain

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling Fan
  • Stone Fireplace
  • Screened Porch
  • Crawl Space
  • Home Security System
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Outdoor Water Feature
  • Outdoor Fireplace

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot TMV-98
  • Assessor Parcel Number 8513-21-7060-000

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
  • Putting Green

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,037

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.51
  • Water Body Name: Lake Toxaway
  • Subdivision Name: Lake Toxaway Estates
  • Directions: Take US 64 to Lake Toxaway main entrance, follow West Club Blvd to stop sign, go straight on Chestnut Trace to stop sign, turn left, at the pond take left fork & follow Toxaway Drive to pond, turn right onto Moltz Road stay right onto Mills Creek Point look for 251 by driveway. Lot: TMV-98 (Toxaway Mountain, Phase 5, Lot 98)
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1998
  • Attribution Contact: 8284820986
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Double Oven, Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Oven, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Primary Bedroom, Outside, Stone
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Wet Bar, Breakfast Bar, Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, Jetted Tub, Kitchen Island, Pantry, Walk-In Closet(s)

Exterior Features

  • Lot Features: Partially Cleared, Rolling Slope, Steep Slope, Wooded
  • Pool Features: Community
  • View: Lake, Mountain(s), Panoramic
  • View: Yes
  • Waterfront Features: Deeded Access
  • Construction Type: Stone, Wood Siding
  • Exterior Features: Balcony, Other, Breezeway, Water Feature
  • Foundation Details: Slab
  • Patio And Porch Features: Rear Porch, Deck, Patio, Screened, Side Porch, Wrap Around, Balcony
  • Roof: Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Circular Driveway, Detached, Garage, Two Car Garage, Garage Door Opener, Paved

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System
  • Cooling: Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Lake, Marina, Playground, Park, Pool, Putting Green, Tennis Court(s), Trails/Paths, Water Access
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 109335.6
  • Parcel #: 8513-21-7060-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 6036.76
  • Tax Lot: TMV-98
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2015
Closed on
Aug 19, 2016
Sold by
Krueger Karen C and Money Purchase Pension Plan
Bought by
Wolford Thomas L and Wolford Lisa M
Buyer's Agent
Alan Cone
Keller Williams Great Smokies
List Price
$1,095,000
Sold Price
$900,000
Premium/Discount to List
-$195,000
-17.81%
Total Days on Market
304
Current Estimated Value
$1,550,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$650,942
Avg. Annual Appreciation
6.39%
Original Mortgage
$225,000
Outstanding Balance
$182,084
Interest Rate
3.42%
Mortgage Type
Commercial
Estimated Equity
$1,368,858

Purchase Details

Closed on
May 1, 1996
Bought by
Krueger Karen C Mdpa
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
Wolford Thomas L $900,000 None Available
Krueger Karen C Mdpa $199,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolford Thomas L $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2016 08/24/16 Sold $900,000 -17.8% $258 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
06/03/2015 06/03/15 For Sale $1,095,000 -- $313 / 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 $8,032 $1,217,820 $325,000 $892,820
2023 $8,033 $1,217,820 $325,000 $892,820
2022 $8,033 $1,217,820 $325,000 $892,820
2021 $7,712 $1,177,940 $325,000 $852,940
2020 $6,805 $975,130 $0 $0
2019 $6,752 $975,130 $0 $0
2018 $5,525 $975,130 $0 $0
2017 $5,260 $983,640 $0 $0
2016 $5,478 $983,640 $0 $0
2015 -- $1,244,950 $450,000 $794,950
2014 -- $1,244,950 $450,000 $794,950
Source: Public Records

Agents Affiliated with this Home

  • A

    Buyer's Agent in 2016

    Alan Cone

    Keller Williams Great Smokies

    (828) 507-1522

    1 in this area

    210 Total Sales

    Alan Cone
    Section Image
See All Agents

Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 81949

APN: 8513-21-7060-000

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

251 Mills Creek Point Rd, Lake Toxaway, NC

This home is located at 251 Mills Creek Point Rd, Lake Toxaway, NC 28747 since 01 June 2015 and is currently estimated at $1,550,942, approximately $443 per square foot. This property was built in 1998. 251 Mills Creek Point Rd is a home located in Transylvania County.

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