$645,000
SOLD MAY 25, 2018
2 Beds
2 Baths
928 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$695 Per Sq Ft

7% Below List Price

165 Days on Market

Highlights

  • Marina
  • Docks
  • Fitness Center
  • Lake Front
  • Golf Course Community
  • Community Lake

About This Home

As of May 2018

Lakefront cottage on private Lake Toxaway with a private dock plus Deeded covered boatslip with solar lift included, community heated pool and tennis court. Lawn maintenance in HOA fee. Cottage totally remodeled in 2013 with new hardwoods throughout, 6 skylights added, granite kitchen and bathrooms, complete paint, master deck added and main living deck expanded, all new appliances, lighting fixtures, and plumbing fixtures, whole house water filtration including a UV tank. Annual lake maintenance fee in addition to Toxaway Point HOA fee. Lake maintenance fee was $256 for 2017.

Last Agent to Sell the Property

Ross Hyett

Lake Toxaway Company Brokerage Phone: 8289664029 Listed on: 10/28/2017

Co-Listed By

Non Member

Non-Member Office Brokerage Phone: 8289664029

Last Buyer's Agent

Ross Hyett

Lake Toxaway Company Brokerage Phone: 8289664029 Listed on: 10/28/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,664

Year Built

  • Built in 1984

Lot Details

  • 8,276 Sq Ft Lot
  • Lake Front
  • Lot Has A Rolling Slope
  • Cleared Lot

HOA Fees

  • $371 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Tar and Gravel Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Lake Views
  • Walk-Out Basement
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Docks
  • Deck
  • Covered patio or porch

Utilities

  • Cooling Available
  • Heat Pump System
  • Private Water Source
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 8522-45-3701-000

Community Details

Overview

  • Lake Toxaway Estates Subdivision
  • Community Lake

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,664

Year Built

Built in 1984

Lot Details

0

HOA Fees

$371 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Water Body Name: Lake Toxaway
  • Co List Office Mls Id: 104
  • Co List Office Phone: 828-743-0423
  • Subdivision Name: Lake Toxaway Estates
  • Directions: Hwy 64 to Hwy 281N (Blue Ridge Road) to left into Toxaway Point to 5th Chalet on left.
  • Architectural Style: Bungalow, Contemporary
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1984
  • Attribution Contact: 8289664029
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Disposal, Refrigerator, Washer
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Vaulted Ceiling(s)
  • Window Features: Skylight(s)

Exterior Features

  • Lot Features: Cleared, Rolling Slope
  • Pool Features: Community
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Dock
  • Foundation Details: Block, Slab
  • Patio And Porch Features: Rear Porch, Covered, Deck, Porch
  • Roof: Tar/Gravel

Garage/Parking

  • Parking Features: None, Paved

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Fitness Center, Golf, Lake, Marina, Playground, Pool, Putting Green, Tennis Court(s), Trails/Paths
  • Association Fee: 4456.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 8276.4
  • Parcel #: 8522-45-3701-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 2664.33
  • Tax Lot: 5
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2024
Sold by
Feit Jonathan D and Feit Elizbeth A
Bought by
Key West Holdings Llc and 47 Toxaway Point Registered Series
Current Estimated Value
$1,631,586

Purchase Details

Listed on
Oct 28, 2017
Closed on
May 25, 2018
Sold by
Granieri Robert and Mccall Clary
Bought by
Feit Jonathan D and Feit Elizabeth A
Seller's Agent
Ross Hyett
Lake Toxaway Company
Buyer's Agent
Ross Hyett
Lake Toxaway Company
List Price
$695,000
Sold Price
$645,000
Premium/Discount to List
-$50,000
-7.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.06%
Original Mortgage
$350,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 28, 2017
Closed on
May 11, 2018
Sold by
Granieri Robet and Mccall Clary
Bought by
Feit Jonathan D and Feit Elizabeth A
Seller's Agent
Ross Hyett
Lake Toxaway Company
Buyer's Agent
Ross Hyett
Lake Toxaway Company
List Price
$695,000
Sold Price
$645,000
Premium/Discount to List
-$50,000
-7.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 3, 2008
Closed on
Sep 12, 2013
Sold by
Timmerman Marilyn S
Bought by
Granieri Robert and Mccall Clary
Seller's Agent
Tom McAllister
Prestige Mountain Properties
Buyer's Agent
Non Member
Non-Member Office
List Price
$629,000
Sold Price
$458,250
Premium/Discount to List
-$170,750
-27.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Original Mortgage
$366,600
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2007
Sold by
Timmerman Marilyn S and Timmerman Norris W
Bought by
Timmerman Marilyn S and Timmerman Norris W
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 $1,435,000 None Listed On Document
Warranty Deed $645,000 None Available
Warranty Deed -- None Available
Warranty Deed $458,500 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $336,900 New Conventional
Previous Owner $343,000 New Conventional
Previous Owner $350,000 New Conventional
Previous Owner $360,000 Assumption
Previous Owner $366,600 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2018 05/25/18 Sold $645,000 -7.2% $695 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
10/28/2017 10/28/17 For Sale $695,000 +51.7% $749 / Sq Ft
09/16/2013 09/16/13 Sold $458,250 -27.1% $494 / Sq Ft
08/20/2013 08/20/13 Pending -- -- --
08/03/2008 08/03/08 For Sale $629,000 -- $678 / 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 $4,020 $610,700 $400,000 $210,700
2023 $4,121 $604,260 $400,000 $204,260
2022 $4,137 $604,260 $400,000 $204,260
2021 $4,123 $604,260 $400,000 $204,260
2020 $3,525 $476,710 $0 $0
2019 $3,546 $476,710 $0 $0
2018 $2,695 $476,710 $0 $0
2017 $2,726 $476,710 $0 $0
2016 $2,710 $476,710 $0 $0
2015 -- $606,170 $500,000 $106,170
2014 -- $606,170 $500,000 $106,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 87146

APN: 8522-45-3701-000