NOT LISTED FOR SALE

40 Toxaway Landing Dr Unit Chalet 2 Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $638,000 - $1,629,000

3 Beds
2 Baths
1,332 Sq Ft
$703/Sq Ft Est. Value

Last Sold October 19, 2021

Last sale price $450,000 $338 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $5,448/month

311 Days on Market

Highlights

  • Open Floorplan
  • Private Lot
  • Cottage
  • Community Lake
  • Engineered Wood Flooring
  • Fireplace

About This Home

As of October 2021

Well maintained mountain chalet with access to a private dock and fishing shed on beautiful Lake Toxaway. The open living/dining/kitchen enjoys the stone fireplace and gentle view. The sun porch opens up the whole outdoors & provides additional dining, a quiet get-a-way for reading, games or just sitting. Private master suite upstairs with two guest bedrooms on the main. A large covered patio allows outside grilling and dining by a spring fed brook. Just a short stroll along the private path leads to the private dock (complete with a fishing shack) where the day can be spent enjoying all sorts of water sports; casting a rod, swimming, paddle boarding, kayaking or just sitting. Not to large; Not to small; Not to far-a-way; Not to close; This one is Just Right!

Last Agent to Sell the Property

Hazel Fisher

Hazel R. Fisher & Associates License #119323 Listed on: 09/22/2020

Last Buyer's Agent

Hazel Fisher

Hazel R. Fisher & Associates License #119323 Listed on: 09/22/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 7,405

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Open Floorplan
  • Fireplace
  • Window Treatments
  • Crawl Space

Flooring

  • Engineered Wood
  • Tile

Utilities

  • Septic Tank
  • High Speed Internet

Additional Features

  • Shed
  • Private Lot

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 8522-28-9364-000
  • Tax Block 4 D&E rev

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Cottage
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.90909
  • Ratio Close Price By Original Li: 0.90909
  • Ratio Current Price By Acre: 2647058.82
  • Ratio Current Price By Sq Ft: 337.84
  • Year Built: 1970
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 420
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Dryer, Electric Dryer Hookup, Electric Oven, Electric Range, Exhaust Hood, Microwave, Refrigerator
  • Fireplace Description: Gas Vented, Great Room, Propane
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • Interior Amenities: Open Floorplan, Window Treatments
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 912
  • Total Sq Ft: 1332

Exterior Features

  • Construction: Vinyl, Wood
  • Construction Type: Site Built
  • Exterior Features: Shed(s), Wired Internet Available

Garage/Parking

  • Driveway: Asphalt
  • Parking: Parking Space - 2

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Community Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake

Schools

  • Elementary School: TC Henderson
  • Middle School: Rosman
  • High School: Rosman

Lot Info

  • Lot Dimension: 59X130
  • Lot Features: Lake, Lake Access, Mountain View, Paved Frontage, Private, Year Round View
  • Lot Size Area: 0.170
  • Parcel Number: 8522-28-9364-000
  • Plat Book Slide: F12/S363
  • Plat Reference Section Pages: 150

Tax Info

  • Tax Value: 320830.00
  • Tax Block: 4 D&E rev
  • Tax Location: Transylvania

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
Oct 19, 2021
Sold by
Jones Harry L
Bought by
40 Toxaway Landing Llc
Seller's Agent
Hazel Fisher
Hazel R. Fisher & Associates
Buyer's Agent
Hazel Fisher
Hazel R. Fisher & Associates
List Price
$495,000
Sold Price
$450,000
Premium/Discount to List
-$45,000
-9.09%
Total Days on Market
311
Current Estimated Value
$936,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,784
Avg. Annual Appreciation
22.38%
Original Mortgage
$315,000
Outstanding Balance
$217,122
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$719,662

Purchase Details

Closed on
Sep 14, 2007
Sold by
Smith Joe T and Smith Joan L
Bought by
Jones Harry L

Purchase Details

Closed on
Jun 6, 2007
Sold by
Smith Joe T and Smith Joan L
Bought by
Hoover Judith A and Judith A Hoover Trust
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
40 Toxaway Landing Llc $450,000 None Available
Jones Harry L $450,000 Chicago Title Insurance Comp
Hoover Judith A $1,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 40 Toxaway Landing Llc $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2021 10/19/21 Sold $450,000 -9.1% $338 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
09/22/2020 09/22/20 For Sale $495,000 -- $372 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,266 $344,290 $175,000 $169,290
2023 $2,266 $344,290 $175,000 $169,290
2022 $2,002 $306,490 $175,000 $131,490
2021 $2,002 $306,490 $175,000 $131,490
2020 $2,233 $320,830 $0 $0
2019 $2,217 $320,830 $0 $0
2018 $1,814 $320,830 $0 $0
2017 $1,793 $320,830 $0 $0
2016 $1,787 $320,830 $0 $0
2015 $1,903 $449,140 $175,000 $274,140
2014 $1,903 $449,140 $175,000 $274,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3665279

Canopy MLS (Canopy Realtor® Association)

APN: 8522-28-9364-000