$235,000
SOLD JUL 24, 2014

424 Cherokee Trace Lake Toxaway, NC 28747

Lake Toxaway Neighborhood
3 Beds
3 Baths
3,064 Sq Ft
0.86 Acres

Recently Sold

$77 Per Sq Ft

3% Below List Price

15 Days on Market

Highlights

  • Golf Course View
  • Cathedral Ceiling
  • 2 Car Detached Garage
  • Deck
  • Circular Driveway
  • Walk-In Closet

About This Home

As of January 2021

Incredible value for this Lake Toxaway Estates home with some golf course views. Wonderful full length screened porch.

Last Agent to Sell the Property

David Bee

Prestige Realty Group, LLC Brokerage Phone: 8285261717 Listed on: 06/20/2014

Last Buyer's Agent

Marsha Bricker

Landmark Realty Group - Sapphire/Burlingame

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

Parking

  • 2 Car Detached Garage
  • Circular Driveway

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Golf Course Views
  • Finished Basement
  • Interior and Exterior Basement Entry

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Well
  • Septic Tank

Community Details

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

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 8512-77-6180-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,862

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.86
  • Water Body Name: Lake Toxaway
  • Subdivision Name: Lake Toxaway Estates
  • Directions: Hwy 64 to main entrance of Lake Toxaway Estates (West Club Drive) Continue straight on Chestnut Trace until second stop. Right onto Cherokee Trace. Follow to 424 on Right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1988
  • Attribution Contact: 8285261717
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Exterior Entry, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Walk-In Closet(s)

Exterior Features

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

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 37461.6
  • Parcel #: 8512-77-6180-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 2862.45
  • Tax Lot: 50
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 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 - Sapphire/Burlingame
Buyer's Agent
Kathy Balistreri
Balistreri Realty
List Price
$448,900
Sold Price
$500,000
Premium/Discount to List
$51,100
11.38%
Total Days on Market
15
Current Estimated Value
$1,012,559

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
17.31%

Purchase Details

Listed on
Jun 20, 2014
Closed on
Jul 18, 2014
Sold by
The Bank Of New York Mellon
Bought by
Sapphire Springs Developments Inc
Seller's Agent
David Bee
Prestige Realty Group, LLC
Buyer's Agent
Marsha Bricker
Landmark Realty Group - Sapphire/Burlingame
List Price
$243,000
Sold Price
$235,000
Premium/Discount to List
-$8,000
-3.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.40%

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
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 Type Sale Price Title Company
Warranty Deed $500,000 None Available
Special Warranty Deed $235,000 None Available
Trustee Deed $418,200 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $60,000 Unknown
Previous Owner $400,000 Commercial
Previous Owner $35,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2021 01/06/21 Sold $500,000 +11.4% $163 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
06/05/2019 06/05/19 For Sale $448,900 +91.0% $147 / Sq Ft
07/24/2014 07/24/14 Sold $235,000 -3.3% $77 / Sq Ft
07/07/2014 07/07/14 Pending -- -- --
06/21/2014 06/21/14 For Sale $243,000 -- $79 / 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 $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 - Sapphire/Burlingame

    (828) 553-2357

    24 in this area

    234 Total Sales

    Marsha Bricker
    Section Image

  • K

    Buyer's Agent in 2021

    Kathy Balistreri

    Balistreri Realty

    (828) 883-4848

    30 in this area

    40 Total Sales

    Kathy Balistreri
    Section Image

  • D

    Seller's Agent in 2014

    David Bee

    Prestige Realty Group, LLC

    4 Total Sales

    David Bee
    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 79832

APN: 8512-77-6180-000

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

424 Cherokee Trace, Lake Toxaway, NC

This home is located at 424 Cherokee Trace, Lake Toxaway, NC 28747 and is currently priced at $235,000, approximately $76 per square foot. This property was built in 1988. 424 Cherokee Trace is a home located in Transylvania County.

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