NOT LISTED FOR SALE

316 Little Elbow Mountain Rd Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $387,000 - $551,000

3 Beds
2 Baths
1,323 Sq Ft
$337/Sq Ft Est. Value

Last Sold February 28, 2017

Last sale price $173,000 $131 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $2,596/month

471 Days on Market

Highlights

  • 2 Acre Lot
  • Deck
  • Wood Flooring
  • Mountain View
  • Cathedral Ceiling
  • Furnished

About This Home

As of February 2017

Privacy, beautiful grounds, and a comfortable home designed to enjoy the natural surroundings await you on this 2 acre parcel. Covered front porch with a swing just waiting for you as well as an all season back porch with heat and AC (if needed!) The all season porch adjoins kitchen & grilling deck. There are three bedrooms and two baths - the master bedroom and bath are on the main level. The upstairs two bedrooms share a Jack and Jill bath. Living and dining space features cathedral ceiling, skylights, glass doors to front porch, and is a light and inviting space. The heated full basement contains the laundry, workshop area, lots of storage area and room to create whatever you choose. Double carport, year round mountain views, and beautifully landscaped grounds are the finishing touches. Location is private, yet convenient to major roads. Approximately equidistant from either Brevard or Cashiers for shopping and enjoying the events the two have to offer. Near Pisgah and Nantahala National Forests as well as Gorges State Park, the county is known as "the land of the waterfalls" and you will enjoy treks to visit the many spectacular waterfalls within the area. Enjoy this home as a summer retreat from the heat of southern summers or reside year round and enjoy a wonderful four season climate.

Last Agent to Sell the Property

Mary Coker

Looking Glass Realty Sapphire Brokerage Phone: 8289669209 Listed on: 09/13/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $644

Year Built

  • Built in 1974

Lot Details

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

Parking

  • 2 Carport Spaces

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Stone Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Workshop
  • Heated Enclosed Porch
  • Mountain Views
  • Dryer

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Deck
  • Glass Enclosed

Utilities

  • Central Heating
  • Heating System Uses Oil
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 8523-04-9078-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$644

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.0
  • Road Surface Type: Gravel
  • Subdivision Name: None
  • Directions: US 64 in Lake Toxaway to NC 281 North to left on Slick Fisher Road to left on Little Elbow Mountain Road to #316 - number on mailbox.
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1974
  • Attribution Contact: 8289669209
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Double Oven, Dryer, Dishwasher, Electric Oven, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Full, Heated, Interior Entry, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room, Stone
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Pantry, Workshop
  • Window Features: Skylight(s), Window Treatments

Exterior Features

  • Lot Features: Partially Cleared, Rolling Slope
  • View: Mountain(s)
  • View: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Garden, Satellite Dish
  • Foundation Details: Slab
  • Other Structures: Workshop
  • Patio And Porch Features: Rear Porch, Covered, Deck, Front Porch, Glass Enclosed, Heated, Porch, Screened
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Other
  • Heating: Central, Gas, Oil
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: High Speed Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 87120.0
  • Parcel #: 8523-04-9078-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 644.0
  • Tax Lot: 9
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2015
Closed on
Mar 1, 2017
Sold by
Zobel Laura and Staats Jennifer
Bought by
Zoble William Grant and Reese Melinda Jane
Seller's Agent
Mary Coker
Looking Glass Realty Sapphire
List Price
$239,000
Sold Price
$173,000
Premium/Discount to List
-$66,000
-27.62%
Current Estimated Value
$451,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,471
Avg. Annual Appreciation
11.50%
Original Mortgage
$155,700
Outstanding Balance
$130,373
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$303,324

Purchase Details

Closed on
Jul 1, 1995
Bought by
Staats Gary A Heirs
Source: Public Records

Range of Values:

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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
Zoble William Grant $173,000 None Available
Staats Gary A Heirs $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zoble William Grant $155,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2017 02/28/17 Sold $173,000 -27.6% $131 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
09/15/2015 09/15/15 For Sale $239,000 -- $181 / 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 $1,232 $187,210 $30,000 $157,210
2023 $1,232 $187,210 $30,000 $157,210
2022 $1,232 $187,210 $30,000 $157,210
2021 $1,223 $187,210 $30,000 $157,210
2020 $1,192 $171,250 $0 $0
2019 $1,183 $171,250 $0 $0
2018 $892 $169,640 $0 $0
2017 $867 $155,150 $0 $0
2016 $864 $155,150 $0 $0
2015 $562 $132,710 $20,000 $112,710
2014 $562 $132,710 $20,000 $112,710
Source: Public Records

Agents Affiliated with this Home

  • Mary Coker

    Seller's Agent in 2017

    Mary Coker

    Looking Glass Realty Sapphire

    (828) 553-2523

    11 in this area

    52 Total Sales

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 82673

APN: 8523-04-9078-000

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

316 Little Elbow Mountain Rd, Lake Toxaway, NC

This home is located at 316 Little Elbow Mountain Rd, Lake Toxaway, NC 28747 since 13 September 2015 and is currently estimated at $446,021, approximately $337 per square foot. This property was built in 1974. 316 Little Elbow Mountain Rd is a home located in Transylvania County.

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