$2,150,000
SOLD DEC 11, 2020

429 Panther Ridge Lake Toxaway, NC 28747

Lake Toxaway Neighborhood
4 Beds
6 Baths
5,078 Sq Ft
2.61 Acres

Recently Sold

$423 Per Sq Ft

9% Below List Price

43 Days on Market

Highlights

  • Marina
  • Fitness Center
  • Built-In Refrigerator
  • Golf Course Community
  • Lake View
  • 2.61 Acre Lot

About This Home

As of December 2020

An Al Platt mountain contemporary masterpiece. Completely renovated with breathtaking lake and mountain views in two directions which the current owner opened up even more. The indoor living is open, fresh, light and the very definition of luxury; but comfort and relaxation are everywhere. The spacious outdoor living areas capture those views and give you a covered, screened outdoor living room, dining room, fireplace and tv viewing area that make it hard to find reasons to go inside. An elevator seamlessly connects the levels. Lake Toxaway Estates is a lovely, established mountain community built around North Carolina's largest private lake. Membership to Lake Toxaway Country Club is per application and gives access to all the amenities of the community.

Last Agent to Sell the Property

Chip Freeman

Lake Toxaway Company Brokerage Phone: 8289664260 Listed on: 09/08/2020

Last Buyer's Agent

Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,941

Year Built

  • Built in 2012

Lot Details

  • 2.61 Acre Lot
  • Cleared Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Block Exterior

Interior Spaces

  • Elevator
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Lake Views
  • Dryer
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Convection Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Balcony
  • Fire Pit

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 13R
  • Assessor Parcel Number 8513-74-3256-000

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,941

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.61
  • Subdivision Name: Lake Toxaway Estates
  • Directions: From Hwy 64, Take Blue Ridge Road and turn left on to Cold Mountain Road just past Lake Toxaway Fire Department. Follow Cold Mountain Road to a right onto Panther Ridge Road. Follow up the mountain to number #429 on your left (in a curve).
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 2012
  • Attribution Contact: 8289664260
  • Special Features: None

Interior Features

  • Furnished: Negotiable
  • Appliances: Built-In Refrigerator, Convection Oven, Double Oven, Dryer, Dishwasher, Exhaust Fan, Electric Oven, Disposal, Gas Oven, Indoor Grill, Microwave, Refrigerator, Washer
  • Has Basement: Finished, Concrete
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Built-in Features, Eat-in Kitchen, Elevator, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior Features

  • Lot Features: Cleared, Other, Wooded, Waterfall
  • Pool Features: Community
  • View: Lake, Seasonal View
  • View: Yes
  • Waterfront Features: Deeded Access
  • Construction Type: Block, Frame, Stone, Wood Siding
  • Exterior Features: Balcony, Fire Pit
  • Patio And Porch Features: Rear Porch, Covered, Enclosed, Front Porch, Porch, Screened, Side Porch, Balcony
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric, Gas, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Electric, Gas, Heat Pump
  • Heating Yn: Yes
  • Sewer: Sewer Applied for Permit, Septic Tank
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Lake, Marina, Playground, Park, Pool, Tennis Court(s), Trails/Paths, Water Access
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 113691.6
  • Parcel #: 8513-74-3256-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 8941.44
  • Tax Lot: 13R
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2023
Sold by
Karen M Webster Irrevocable Trust
Bought by
Karen M Webster Irrevocable Trust
Total Days on Market
43
Current Estimated Value
$3,101,560

Purchase Details

Listed on
Sep 8, 2020
Closed on
Dec 7, 2020
Sold by
429 Panther Ridge Llc
Bought by
Webster Karen M and The Karen M Webster Irrevocable Trust
Seller's Agent
Chip Freeman
Lake Toxaway Company
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$2,375,000
Sold Price
$2,150,000
Premium/Discount to List
-$225,000
-9.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%

Purchase Details

Listed on
Jul 24, 2018
Closed on
Oct 23, 2018
Sold by
Sultan Shahid and Sultan Kelli M
Bought by
429 Panther Ridge Llc
Seller's Agent
Susan Chambers-Roemisch
Lake Toxaway Company
Buyer's Agent
Chip Freeman
Lake Toxaway Company
List Price
$1,649,000
Sold Price
$1,550,000
Premium/Discount to List
-$99,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.69%

Purchase Details

Closed on
Jul 22, 2010
Sold by
Rossman Irving
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 1, 1993
Bought by
Sultan Shahid and Sultan Kelli M
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 -- --
Warranty Deed $2,150,000 None Available
Warranty Deed $1,550,000 None Available
Trustee Deed $394,202 None Available
Deed $67,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,148,000 Commercial
Previous Owner $417,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $2,150,000 -9.5% $423 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $2,375,000 +53.2% $468 / Sq Ft
10/29/2018 10/29/18 Sold $1,550,000 -6.0% $305 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
07/24/2018 07/24/18 For Sale $1,649,000 -- $325 / 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 -- $1,921,410 $300,000 $1,621,410
2023 $12,649 $1,921,410 $300,000 $1,621,410
2022 $12,280 $1,865,350 $300,000 $1,565,350
2021 $12,186 $1,865,350 $300,000 $1,565,350
2020 $8,941 $1,284,690 $0 $0
2019 $8,877 $1,284,690 $0 $0
2018 $7,264 $1,284,690 $0 $0
2017 $7,180 $1,284,690 $0 $0
2016 $7,154 $1,284,690 $0 $0
2015 -- $835,030 $300,000 $535,030
2014 -- $835,030 $300,000 $535,030
Source: Public Records

Agents Affiliated with this Home

  • Chip Freeman

    Seller's Agent in 2020

    Chip Freeman

    Lake Toxaway Company

    (828) 712-6446

    50 in this area

    53 Total Sales

    Chip Freeman
    Section Image

  • N

    Buyer's Agent in 2020

    Non Member

    NON-MEMBER OFFICE

  • S

    Seller's Agent in 2018

    Susan Chambers-Roemisch

    Lake Toxaway Company

    (828) 966-4260

    6 in this area

    8 Total Sales

    Susan Chambers-Roemisch
    Section Image
See All Agents

Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 94630

APN: 8513-74-3256-000

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

429 Panther Ridge, Lake Toxaway, NC

This home is located at 429 Panther Ridge, Lake Toxaway, NC 28747 and is currently priced at $2,150,000, approximately $423 per square foot. This property was built in 2012. 429 Panther Ridge is a home located in Transylvania County.

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