NOT LISTED FOR SALE

2641 Cold Mountain Rd Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $1,676,371

2 Beds
4 Baths
-- Sq Ft
1.57 Acres

Last Sold August 11, 2017

Last sale price $1,030,000

Est. 63% increase in value since last sale

Current estimated payment $10,072/month

57 Days on Market

Highlights

  • Marina
  • Docks
  • Deck
  • Lake Front
  • Panoramic View
  • Wood Burning Stove

About This Home

As of August 2017

This peaceful and private retreat on beautiful Lake Cardinal was featured on the Travel Channel. It has 300 ft of shoreline and it's charming style is reminiscent of the 1981 film On Golden Pond. The 65 acre fresh water lake is fed by the Toxaway River, there are rainbow trout, blue gill and bass available to the residents on Lake Cardinal. There are many hand hewn wood pegged beams and posts throughout this home. The foyer walls are lined with wide plank cherry and some of the doors are reclaimed barn doors. The cabinets in the kitchen are beautiful cherry, furniture quality. Wood floors are reclaimed heart pine. A spacious solarium off of the kitchen affords a picturesque dining and lounging area. Just outside the great room and solarium are decks for sunning and entertaining. The dwelling is sited on a gently sloped lot, close to the lake. The oversized dock accommodates an octagonal picnic table and still leaves room for lots of lake (toys). It is the perfect setting for swimmers, as well as canoeing, kayaking and paddle boarding. It's very safe and quiet as no gas motor boats are allowed. The great room has a large stack stone fireplace to the ceiling. Portions of the home are flat sided logs with chinking. Beautiful beam ceilings with hand hewn antique wood beams. The great room and master suite open up to spacious decks. There is a bunk room that sleeps 4 complete with a bath on the ground level of this home over looking the lake. Extra storage and equipment room and 2 car garage are also on this level. Full bath off the kitchen and laundry room serve as powder room/guest bath as well as being easily accessible to the lake and loft above the kitchen. The master suite has a functioning antique wood burning stove, it also features a private sunning deck just outside the whirlpool tub area. On the opposite side of this home is a spacious bedroom suite with it's own den/sitting room with trundle bed. The country club and golf course are just 5 minutes away.

Last Listed By

Kathy Balistreri

Balistreri Realty Brokerage Phone: 8288834848 Listed on: 06/14/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,935

Year Built

  • Built in 1986

Lot Details

  • 1.57 Acre Lot
  • Lake Front
  • Lot Has A Rolling Slope

Parking

  • 2 Car Garage

Property Views

  • Lake
  • Panoramic
  • Mountain

Home Design

  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Home Security System
  • Dryer
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Outdoor Features

  • Docks
  • Deck

Utilities

  • Cooling Available
  • Heat Pump System
  • Baseboard Heating
  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 017
  • Assessor Parcel Number 8513-73-0265-000

Community Details

Overview

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

Recreation

  • Marina
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,935

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.57
  • Water Body Name: Lake Cardinal
  • Subdivision Name: Lake Toxaway Estates
  • Directions: From 281 turn left onto Cold Mountain Rd. Continue approx. 2.6 miles and the house is on the left. Look for Fox Crossing sign on the left (split rail fence lines this property at the edge of the road)
  • Architectural Style: Post and Beam
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1986
  • Attribution Contact: 8288834848
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Primary Bedroom, Wood Burning, Wood BurningStove
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Wood
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Garden Tub/Roman Tub, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Rolling Slope
  • View: Lake, Mountain(s), Panoramic
  • View: Yes
  • Waterfront Features: Lake, Deeded Access
  • Construction Type: Stone, Wood Siding
  • Exterior Features: Dock
  • Patio And Porch Features: Rear Porch, Deck

Garage/Parking

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

Utilities

  • Security: Security System
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Marina, Playground, Water Access
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 68389.2
  • Parcel #: 8513-73-0265-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 6935.07
  • Tax Lot: 017
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2017
Closed on
Jul 25, 2017
Sold by
Stanback William C and Stanback Nancy P
Bought by
Kincheloe Andrew H and Kincheloe Amy R
Seller's Agent
Kathy Balistreri
Balistreri Realty
List Price
$1,149,000
Sold Price
$1,030,000
Premium/Discount to List
-$119,000
-10.36%
Total Days on Market
57
Current Estimated Value
$1,676,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$646,371
Avg. Annual Appreciation
6.43%
Original Mortgage
$824,000
Outstanding Balance
$694,289
Interest Rate
3.88%
Mortgage Type
Commercial
Estimated Equity
$982,082
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
Kincheloe Andrew H $1,030,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kincheloe Andrew H $824,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2017 08/11/17 Sold $1,030,000 -10.4% --
07/19/2017 07/19/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $1,149,000 -- --
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 $7,942 $1,206,410 $665,000 $541,410
2023 $7,942 $1,206,410 $665,000 $541,410
2022 $7,942 $1,206,410 $665,000 $541,410
2021 $7,881 $1,206,410 $665,000 $541,410
2020 $8,806 $1,265,230 $0 $0
2019 $8,743 $1,265,230 $0 $0
2018 $7,154 $1,288,480 $0 $0
2017 $6,960 $1,245,300 $0 $0
2016 $6,935 $1,245,300 $0 $0
2015 -- $1,537,270 $1,000,000 $537,270
2014 -- $1,537,270 $1,000,000 $537,270
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kathy Balistreri

    Balistreri Realty

    (828) 883-4848

    30 in this area

    40 Total Sales

    Kathy Balistreri
    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 86298

APN: 8513-73-0265-000

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

2641 Cold Mountain Rd, Lake Toxaway, NC

This home is located at 2641 Cold Mountain Rd, Lake Toxaway, NC 28747 since 14 June 2017 and is currently estimated at $1,676,371. This property was built in 1986. 2641 Cold Mountain Rd is a home located in Transylvania County.

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