NOT LISTED FOR SALE

466 Meadow Ridge Dr Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $2,209,760

4 Beds
6 Baths
-- Sq Ft
7.2 Acres

Last Sold June 16, 2021

Last sale price $1,665,000

Est. 33% increase in value since last sale

Current estimated payment $13,282/month

1 Day on Market

Highlights

  • Marina
  • Panoramic View
  • 7.2 Acre Lot
  • Golf Course Community
  • Built-In Refrigerator
  • Community Lake

About This Home

As of June 2021

Perched high in the heavens on Meadow Ridge, this custom home designed by Timberlake boasts thrilling panoramic views of Lake Toxaway, Lake Cardinal and the mountains beyond. The expansive lot encompasses over seven acres, ensuring privacy for its new owner. Three of the four bedrooms display the awe-inspiring views, and six bathrooms ensure guests' comfort. On the lower level, guests can hang out at the bar or at the ping pong table before stepping onto the covered deck to admire Lake Toxaway glimmering in the distance. Fine finishes complete the luxury experience, featuring hand-scraped quarter sawn white oak floors, Hammerton interior and exterior lighting, and two stacked stone fireplaces. Nature lovers will prize this home's close proximity to Panthertown Preserve, the beautiful 6,300-acre National Forest known as the "Yosemite of the East."

Last Agent to Sell the Property

Jochen Lucke

Silver Creek Real Estate Group, Inc. Brokerage Phone: 8287431999 Listed on: 04/12/2021

Last Buyer's Agent

Faye Wurm

Berkshire Hathaway HomeServices Meadows Mountain Realty - HF

Berkshire Hathaway HomeServices Meadows Mountain Realty - HF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,701

Year Built

  • Built in 2000

Lot Details

  • 7.2 Acre Lot
  • Wooded Lot

HOA Fees

  • $201 Monthly HOA Fees

Parking

  • Circular Driveway

Property Views

  • Lake
  • Panoramic
  • Mountain

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Roof

Interior Spaces

  • 1.5-Story Property
  • Wet Bar
  • Stone Fireplace
  • Screened Porch
  • Wood Flooring
  • Home Security System
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Propane Cooktop
  • Microwave
  • Built-In Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Shared Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5 Rev
  • Assessor Parcel Number 8513-13-3700-000

Community Details

Overview

  • Lake Toxaway Estates Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Putting Green

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,701

Year Built

Built in 2000

Lot Details

0

HOA Fees

$201 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 7.2
  • Subdivision Name: Lake Toxaway Estates
  • Directions: Enter Lake Toxaway Estates from Highway 64 and follow West Club Blvd through first stop, continue up Chestnut Trace. Left onto Fairway. Turn onto Toxaway Drive and follow to Meadow Ridge signs. 466 on right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 2000
  • Attribution Contact: 8287431999
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Built-In Refrigerator, Dryer, Dishwasher, Microwave, Propane Cooktop, Washer
  • Has Basement: Exterior Entry, Full, Finished, Heated, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: Stone
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Wet Bar, Eat-in Kitchen, Pantry, Walk-In Closet(s)

Exterior Features

  • Lot Features: Partially Cleared, Wooded
  • Pool Features: Community
  • View: Lake, Mountain(s), Panoramic
  • View: Yes
  • Construction Type: Frame
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Porch, Screened
  • Roof: Shingle, Wood

Garage/Parking

  • Parking Features: Circular Driveway, Gravel

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump, Multi-Fuel
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Septic Tank
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Golf, Lake, Marina, Playground, Park, Pool, Putting Green, Tennis Court(s), Trails/Paths
  • Association Fee: 2413.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 313632.0
  • Parcel #: 8513-13-3700-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 6701.0
  • Tax Lot: 5 Rev
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
Jun 14, 2021
Sold by
Follmann Ronald W and Follmann Marilyn S
Bought by
Sadowski Gary and Sadowski Deann
Seller's Agent
Jochen Lucke
Silver Creek Real Estate Group, Inc.
Buyer's Agent
Faye Wurm
Berkshire Hathaway HomeServices Meadows Mountain Realty - HF
List Price
$1,698,000
Sold Price
$1,665,000
Premium/Discount to List
-$33,000
-1.94%
Current Estimated Value
$2,209,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$544,760
Avg. Annual Appreciation
6.73%

Purchase Details

Closed on
Aug 1, 1999
Bought by
Follman Ronald W and Follman Marilyn J
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
Sadowski Gary $1,665,000 None Available
Follman Ronald W $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Follmann Ronald W $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Sold $1,665,000 -1.9% --
05/21/2021 05/21/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $1,698,000 -- --
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 $10,524 $1,540,730 $400,000 $1,140,730
2023 $10,143 $1,540,730 $400,000 $1,140,730
2022 $10,143 $1,540,730 $400,000 $1,140,730
2021 $10,066 $1,540,730 $400,000 $1,140,730
2020 $6,701 $962,790 $0 $0
2019 $6,653 $962,790 $0 $0
2018 $5,444 $962,790 $0 $0
2017 $5,381 $962,790 $0 $0
2016 $5,362 $962,790 $0 $0
2015 $4,343 $1,151,700 $450,000 $701,700
2014 $4,343 $1,072,700 $450,000 $622,700
Source: Public Records

Agents Affiliated with this Home

  • Jochen Lucke

    Seller's Agent in 2021

    Jochen Lucke

    Silver Creek Real Estate Group, Inc.

    (828) 226-1126

    3 in this area

    152 Total Sales

    Section Image
  • Faye Wurm

    Buyer's Agent in 2021

    Faye Wurm

    Berkshire Hathaway HomeServices Meadows Mountain Realty - HF

    (828) 200-1345

    1 in this area

    75 Total Sales

    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 96164

APN: 8513-13-3700-000

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

466 Meadow Ridge Dr, Lake Toxaway, NC

This home is located at 466 Meadow Ridge Dr, Lake Toxaway, NC 28747 since 12 April 2021 and is currently estimated at $2,209,760. This property was built in 2000. 466 Meadow Ridge Dr is a home located in Transylvania County.

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