424 Cherokee Trace Unit 50 Lake Toxaway, NC 28747
Lake Toxaway NeighborhoodEstimated Value: $835,235 - $1,394,000
3
Beds
3
Baths
3,064
Sq Ft
$330/Sq Ft
Est. Value
Highlights
- Golf Course View
- Deck
- Wood Flooring
- Open Floorplan
- Contemporary Architecture
- Screened Porch
About This Home
As of January 2021Amazing transformation from ugly duckling to magnificent swan. From the fabulous landscaping including a newly installed patio fire pit to the completely remodeled kitchen and baths to the new flooring and cabinetry this conveniently located golf course home is a perfect mountain retreat. The covered back porch spans the length of the house for great outdoor living and on those cooler days sit in front of either the upstairs or downstairs fireplace. Just sit back and enjoy the view! One of the best values in Lake Toxaway Estates.
Last Agent to Sell the Property
Landmark Realty Group Brokerage Email: mbricker@FisherRealtyNC.com License #144642 Listed on: 06/05/2019
Last Buyer's Agent
Non Member
Canopy Administration
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,862
Year Built
- Built in 1988
Lot Details
- 0.86 Acre Lot
- Lot Has A Rolling Slope
HOA Fees
- $198 Monthly HOA Fees
Parking
- 2 Car Detached Garage
- Basement Garage
- Circular Driveway
Home Design
- Contemporary Architecture
- Wood Siding
Interior Spaces
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Family Room with Fireplace
- Great Room with Fireplace
- Screened Porch
- Wood Flooring
- Golf Course Views
- Laundry Room
Kitchen
- Gas Cooktop
- Kitchen Island
Bedrooms and Bathrooms
- 3 Full Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Outdoor Features
- Deck
- Patio
- Fire Pit
Schools
- T.C. Henderson Elementary School
- Rosman Middle School
- Rosman High School
Utilities
- Heat Pump System
- Electric Water Heater
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 8512-77-6180-000
Community Details
Overview
- Ipm Association, Phone Number (828) 966-9453
- Lake Toxaway Estates Subdivision
- Mandatory home owners association
Recreation
- Recreation Facilities
- Community Playground
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 5, 2019
Closed on
Jan 4, 2021
Sold by
Sapphire Springs Development Inc
Bought by
Wheeler John M and Wheeler Sarah F
Seller's Agent
Marsha Bricker
Landmark Realty Group
Buyer's Agent
Non Member
Canopy Administration
List Price
$539,000
Sold Price
$500,000
Premium/Discount to List
-$39,000
-7.24%
Total Days on Market
521
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
$512,559
Avg. Annual Appreciation
18.26%
Purchase Details
Closed on
Jul 18, 2014
Sold by
The Bank Of New York Mellon
Bought by
Sapphire Springs Developments Inc
Purchase Details
Closed on
Apr 18, 2014
Sold by
Livingston Virginia L
Bought by
The Bank Of New York Mellon and The Bank Of New York
Similar Homes in Lake Toxaway, NC
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wheeler John M | $500,000 | None Available | |
| Sapphire Springs Developments Inc | $235,000 | None Available | |
| The Bank Of New York Mellon | $418,200 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Livingston Virginia L | $60,000 | |
| Previous Owner | Livingston Virginia L | $400,000 | |
| Previous Owner | Livingston Virginia L | $35,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/06/2021 01/06/21 | Sold | $500,000 | -7.2% | $163 / Sq Ft |
| 11/07/2020 11/07/20 | Pending | -- | -- | -- |
| 11/06/2020 11/06/20 | Price Changed | $539,000 | 0.0% | $176 / Sq Ft |
| 11/06/2020 11/06/20 | For Sale | $539,000 | +7.8% | $176 / Sq Ft |
| 12/23/2019 12/23/19 | Off Market | $500,000 | -- | -- |
| 11/07/2019 11/07/19 | For Sale | $399,000 | 0.0% | $130 / Sq Ft |
| 10/24/2019 10/24/19 | Pending | -- | -- | -- |
| 08/23/2019 08/23/19 | Price Changed | $399,000 | -6.1% | $130 / Sq Ft |
| 07/18/2019 07/18/19 | Price Changed | $425,000 | -5.3% | $139 / Sq Ft |
| 06/05/2019 06/05/19 | For Sale | $448,900 | -- | $147 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
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 | $2,862 | $434,770 | $100,000 | $334,770 |
| 2023 | $2,862 | $434,770 | $100,000 | $334,770 |
| 2022 | $2,862 | $434,770 | $100,000 | $334,770 |
| 2021 | $2,840 | $434,770 | $100,000 | $334,770 |
| 2020 | $3,754 | $539,310 | $0 | $0 |
| 2019 | $3,727 | $539,310 | $0 | $0 |
| 2018 | $3,049 | $539,310 | $0 | $0 |
| 2017 | $3,014 | $539,310 | $0 | $0 |
| 2016 | $3,003 | $539,310 | $0 | $0 |
| 2015 | $2,582 | $609,420 | $210,000 | $399,420 |
| 2014 | $2,582 | $609,420 | $210,000 | $399,420 |
Source: Public Records
Agents Affiliated with this Home
-
Marsha Bricker
Seller's Agent in 2021
Marsha Bricker
Landmark Realty Group
(828) 553-2357
24 in this area
234 Total Sales
-
N
Buyer's Agent in 2021
Non Member
NC_CanopyMLS
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3515228
APN: 8512-77-6180-000
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