NOT LISTED FOR SALE

280 Cherokee Cir Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $482,000 - $716,000

2 Beds
2 Baths
1,753 Sq Ft
$333/Sq Ft Est. Value

Last Sold February 01, 2018

Last sale price $255,000 $145 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,423/month

56 Days on Market

Highlights

  • Community Lake
  • Wooded Lot
  • Wood Flooring
  • Deck
  • Cathedral Ceiling
  • Furnished

About This Home

As of February 2018

Immaculate newly roofed cabin with open living, fireplace, 2 nice size bedrooms (one main floor; one up) and tremendous porches and decks. Relax and escape from the bustle of "Main Street" in this true mountain retreat. One owner and move-in ready. Fully furnished situated in a restricted community boasting two lakes, paved roads, complete water system and recreation park. Close to ATL & GSP. Western North Carolina is a vacation, adventure and retirement destination with much to offer. This home is in Lake Toxaway, midway between Cashiers and Brevard NC. Asheville airport is a 55 minute drive. Culture, shopping and sport abound in the county. Tens of thousands of national and state forest grace this land of waterfalls. A must to see.

Last Agent to Sell the Property

Fred Markert

Fred Markert Realty, Inc. Brokerage Phone: 8289664960 License #194439 Listed on: 10/16/2017

Last Buyer's Agent

Susan Breedlove

WNCproperty.com Inc. License #32729

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 1998

Lot Details

  • 1 Acre Lot
  • Wooded Lot

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Furnished
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Workshop
  • Screened Porch
  • Wood Flooring
  • Dishwasher
  • Dryer

Bedrooms and Bathrooms

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

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source
  • Septic Tank

Community Details

  • Indian Lake Estates Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 32/18
  • Assessor Parcel Number 8523-45-0635/8523-45-1666

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,200

Year Built

Built in 1998

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Water Body Name: Indian Lake
  • Subdivision Name: Indian Lake Estates
  • Directions: U S 64 to 281 North to Slick Fisher Rd. Proceed 1.5 mi to Indian Lake Est on right. Follow Indian Lake Rd to Hiwassee bear right. Take first right on Cherokee Cir and follow to 280 Cherokee on right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1998
  • Attribution Contact: 8289664960
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Refrigerator, Washer
  • Has Basement: Full, Concrete, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Cathedral Ceiling(s), Walk-In Closet(s), Workshop

Exterior Features

  • Lot Features: Wooded
  • View: Seasonal View
  • Construction Type: Wood Siding
  • Patio And Porch Features: Rear Porch, Deck, Front Porch, Screened, Side Porch, Wrap Around
  • Roof: Shingle

Garage/Parking

  • Parking Features: Gravel, None

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 1500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 8523-45-0635/8523-45-1666
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 1200.0
  • Tax Lot: 32/18
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2017
Closed on
Feb 1, 2018
Sold by
Robert Gibson Associates Inc
Bought by
Newman William A and Newman Charlotte D
Seller's Agent
Fred Markert
Fred Markert Realty, Inc.
Buyer's Agent
Susan Breedlove
WNCproperty.com Inc.
List Price
$269,000
Sold Price
$255,000
Premium/Discount to List
-$14,000
-5.2%
Current Estimated Value
$575,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,815
Avg. Annual Appreciation
11.46%

Purchase Details

Closed on
Jul 1, 1988
Bought by
Robert Gibson Associates
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Newman William A $225,500 None Available
Robert Gibson Associates $12,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2018 02/01/18 Sold $255,000 -5.2% $145 / Sq Ft
01/12/2018 01/12/18 Pending -- -- --
10/16/2017 10/16/17 For Sale $269,000 -- $153 / 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 $1,736 $263,780 $30,000 $233,780
2023 $1,736 $263,780 $30,000 $233,780
2022 $1,736 $263,780 $30,000 $233,780
2021 $1,723 $263,780 $30,000 $233,780
2020 $1,423 $204,480 $0 $0
2019 $1,413 $204,480 $0 $0
2018 $1,156 $204,480 $0 $0
2017 $1,143 $204,480 $0 $0
2016 $1,139 $204,480 $0 $0
2015 -- $219,030 $30,000 $189,030
2014 -- $219,030 $30,000 $189,030
Source: Public Records

Agents Affiliated with this Home

  • Fred Markert

    Seller's Agent in 2018

    Fred Markert

    Fred Markert Realty, Inc.

    (828) 553-3303

    2 in this area

    7 Total Sales

    Section Image

  • S

    Buyer's Agent in 2018

    Susan Breedlove

    WNCproperty.com Inc.

    (828) 553-8944

    11 in this area

    15 Total Sales

    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 87092

APN: 8523-45-0635-000

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

280 Cherokee Cir, Lake Toxaway, NC

This home is located at 280 Cherokee Cir, Lake Toxaway, NC 28747 since 16 October 2017 and is currently estimated at $583,797, approximately $333 per square foot. This property was built in 1998. 280 Cherokee Cir is a home located in Transylvania County.

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