NOT LISTED FOR SALE

412 Cherokee Trace Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $676,679 - $1,886,000

3 Beds
4 Baths
-- Sq Ft
0.55 Acres

Last Sold August 29, 2023

Last sale price $605,000

Est. 70% increase in value since last sale

Current estimated payment $5,784/month

258 Days on Market

Highlights

  • Marina
  • Community Lake
  • Vaulted Ceiling
  • Golf Course View
  • Deck
  • Wood Flooring

About This Home

As of August 2023

Charming 3 bedroom, 4 bath home on the 18th fairway in Lake Toxaway Estates. Great room with fireplace opens up to a large deck overlooking the golf course. Family room with fireplace, guest suite and bonus room with bath on the lower level. Gentle yard, 2 car detached garage. Close to the Club, Marnina and the Greystone Inn. Some amenities are only available through Club Membership.

Last Agent to Sell the Property

Kathy Balistreri

Balistreri Realty Brokerage Phone: 8288834848 Listed on: 10/25/2022

Co-Listed By

Melisa Collins

Balistreri Realty Brokerage Phone: 8288834848

Last Buyer's Agent

Mo Mitchell

Lake Toxaway Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,125

Year Built

  • Built in 1979

Lot Details

  • 0.55 Acre Lot
  • Lot Has A Rolling Slope

Parking

  • 2 Car Detached Garage

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Partially Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Golf Course Views

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number 8512-77-7214-000

Community Details

Overview

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

Recreation

  • Marina
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,125

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.55
  • Co List Office Mls Id: 176
  • Co List Office Phone: 828-883-4848
  • Subdivision Name: Lake Toxaway Estates
  • Directions: From Hwy 64 Main Entrance to Lake Toxaway Estates. Follow West Club toward the club. At the last stop sign turn right toward the club. Take first right Cherokee Trace to 412 on the right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1979
  • Attribution Contact: 8288834848
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Partially
  • Appliances: Dishwasher, Electric Oven, Disposal, Refrigerator
  • Has Basement: Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Basement, Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Vaulted Ceiling(s)

Exterior Features

  • Lot Features: On Golf Course, Partially Cleared, Rolling Slope
  • View: Golf Course
  • View: Yes
  • Waterfront Features: Deeded Access
  • Construction Type: Wood Siding
  • Patio And Porch Features: Rear Porch, Covered, Deck
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Permit 3 Bedroom, Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Lake, Marina, Playground, Park, Trails/Paths, Water Access
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 23958.0
  • Parcel #: 8512-77-7214-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 1125.49
  • Tax Lot: 51
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Aug 11, 2023
Sold by
Soliday Jane Campbell and Soliday Gary P
Bought by
Mosely Marie and Mosely John David
Seller's Agent
Kathy Balistreri
Balistreri Realty
Buyer's Agent
Mo Mitchell
Lake Toxaway Company
List Price
$679,000
Sold Price
$605,000
Premium/Discount to List
-$74,000
-10.9%
Views
174
Current Estimated Value
$1,027,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$422,048
Avg. Annual Appreciation
18.68%
Original Mortgage
$544,500
Outstanding Balance
$534,989
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$311,304

Purchase Details

Closed on
Apr 1, 1989
Bought by
Soliday Jane Campbell
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
Mosely Marie $605,000 None Listed On Document
Soliday Jane Campbell $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mosely Marie $544,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2023 08/29/23 Sold $605,000 -7.6% --
07/12/2023 07/12/23 Price Changed $655,000 -3.5% --
07/11/2023 07/11/23 Pending -- -- --
10/25/2022 10/25/22 For Sale $679,000 -- --
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 $2,251 $341,940 $100,000 $241,940
2023 $2,251 $341,940 $100,000 $241,940
2022 $2,251 $341,940 $100,000 $241,940
2021 $2,234 $341,940 $100,000 $241,940
2020 $3,338 $479,610 $0 $0
2019 $3,314 $479,610 $0 $0
2018 $2,712 $479,610 $0 $0
2017 $2,681 $479,610 $0 $0
2016 $2,671 $479,610 $0 $0
2015 -- $610,510 $250,000 $360,510
2014 -- $610,510 $250,000 $360,510
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kathy Balistreri

    Balistreri Realty

    (828) 883-4848

    28 in this area

    38 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2023

    Melisa Collins

    Balistreri Realty

    (828) 553-0753

    2 in this area

    5 Total Sales

    Section Image
  • Mo Mitchell

    Buyer's Agent in 2023

    Mo Mitchell

    Lake Toxaway Company

    (828) 553-3319

    73 in this area

    73 Total Sales

    Section Image
  • Mish Nichols

    Buyer Co-Listing Agent in 2023

    Mish Nichols

    Lake Toxaway Company

    (704) 576-5511

    64 in this area

    66 Total Sales

    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 101069

APN: 8512-77-7214-000

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

412 Cherokee Trace, Lake Toxaway, NC

This home is located at 412 Cherokee Trace, Lake Toxaway, NC 28747 since 25 October 2022 and is currently estimated at $1,032,920. This property was built in 1979. 412 Cherokee Trace is a home located in Transylvania County.

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