360 Cherokee Trace Lake Toxaway, NC 28747
Lake Toxaway Neighborhood
4
Beds
3
Baths
2,106
Sq Ft
0.92
Acres
Highlights
- Marina
- Wooded Lot
- Furnished
- Golf Course View
- Wood Flooring
- Covered patio or porch
About This Home
As of November 2023Rustically charming 4 bedroom log cabin nestled on a private lot on Lake Toxaway's award winning golf course. This home boasts a cozy living room with a stone wood burning fireplace, eat in banquette area, 2 bedrooms on the main floor, 2 bedrooms upstairs and a spacious bonus room on the basement level. The covered back porch is the perfect getaway with ample space and the sound of a running stream nearby. Ideally located less than 700 yards from LT's wonderful amenities: club, marina & inn. Excellent rental history.
Last Agent to Sell the Property
Lake Toxaway Company Brokerage Phone: 8289664260 Listed on: 07/10/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,145
Year Built
- Built in 1977
Lot Details
- 0.92 Acre Lot
- Wooded Lot
Parking
- 2 Carport Spaces
Home Design
- Metal Roof
- Log Siding
Interior Spaces
- 1.5-Story Property
- Furnished
- Wood Burning Fireplace
- Living Room with Fireplace
- Golf Course Views
- Dryer
Kitchen
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Partially Finished Basement
- Walk-Out Basement
- Interior and Exterior Basement Entry
Outdoor Features
- Covered patio or porch
Utilities
- Zoned Heating and Cooling
- Heat Pump System
- Well
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Tax Lot 53
- Assessor Parcel Number 8512-77-8449-000
Community Details
Overview
- Property has a Home Owners Association
- Lake Toxaway Estates Subdivision
Recreation
- Marina
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 10, 2023
Closed on
Oct 26, 2023
Sold by
Khawly Ramon George and Khawly Wendolyn Miller
Bought by
4238 Real Estate Holdings Llc
Seller's Agent
Mo Mitchell
Lake Toxaway Company
Buyer's Agent
Reginald Heinitsh
Lake Toxaway Company
List Price
$889,000
Sold Price
$815,000
Premium/Discount to List
-$74,000
-8.32%
Views
28
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,077
Avg. Annual Appreciation
13.97%
Original Mortgage
$815,208
Outstanding Balance
$587,909
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$438,031
Purchase Details
Listed on
Aug 24, 2020
Closed on
Dec 28, 2020
Sold by
Khawly Ramon and Khawly Wendolyn
Bought by
Dooley 2020
Seller's Agent
Mish Nichols
Lake Toxaway Company
Buyer's Agent
Susan Campbell
Beverly-Hanks And Associates
List Price
$525,000
Sold Price
$485,000
Premium/Discount to List
-$40,000
-7.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.05%
Original Mortgage
$285,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 25, 2006
Sold by
Smith Raymond C
Bought by
Williams Edward Miller and Williams Carolyn Singleton
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,500
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Similar Homes in Lake Toxaway, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $815,000 | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $485,000 | None Available | |
| Warranty Deed | $490,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $815,208 | New Conventional | |
| Previous Owner | $285,000 | New Conventional | |
| Previous Owner | $280,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $465,500 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/01/2023 11/01/23 | Sold | $815,000 | -8.3% | $387 / Sq Ft |
| 09/01/2023 09/01/23 | Pending | -- | -- | -- |
| 07/10/2023 07/10/23 | For Sale | $889,000 | +83.3% | $422 / Sq Ft |
| 12/29/2020 12/29/20 | Sold | $485,000 | -7.6% | $230 / Sq Ft |
| 11/16/2020 11/16/20 | Pending | -- | -- | -- |
| 08/24/2020 08/24/20 | For Sale | $525,000 | -- | $249 / Sq Ft |
Source: Highlands-Cashiers Board of REALTORS®
Tax History Compared to Growth
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 | $3,145 | $477,690 | $100,000 | $377,690 |
| 2023 | $3,145 | $477,690 | $100,000 | $377,690 |
| 2022 | $3,145 | $477,690 | $100,000 | $377,690 |
| 2021 | $3,121 | $477,690 | $100,000 | $377,690 |
| 2020 | $2,665 | $382,890 | $0 | $0 |
| 2019 | $2,646 | $382,890 | $0 | $0 |
| 2018 | $2,183 | $382,890 | $0 | $0 |
| 2017 | $2,159 | $382,890 | $0 | $0 |
| 2016 | $2,152 | $382,890 | $0 | $0 |
| 2015 | $2,097 | $490,530 | $250,000 | $240,530 |
| 2014 | $2,097 | $490,530 | $250,000 | $240,530 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
Mo Mitchell
Lake Toxaway Company
(828) 553-3319
76 in this area
76 Total Sales
-
Seller Co-Listing Agent in 2023
Mish Nichols
Lake Toxaway Company
(704) 576-5511
65 in this area
67 Total Sales
-
R
Buyer's Agent in 2023
Reginald Heinitsh
Lake Toxaway Company
(803) 413-7883
24 in this area
24 Total Sales
-
Buyer's Agent in 2020
Susan Campbell
Beverly-Hanks And Associates
(828) 556-1184
12 in this area
114 Total Sales
Map
Source: Highlands-Cashiers Board of REALTORS®
MLS Number: 102488
APN: 8512-77-8449-000
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