NOT LISTED FOR SALE

478 Panther Ridge Unit 16, 1/2 17 Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $2,808,928

4 Beds
6 Baths
5,920 Sq Ft
$474/Sq Ft Est. Value

Last Sold January 19, 2022

Last sale price $2,400,000 $405 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $16,133/month

435 Days on Market

Highlights

  • Golf Course Community
  • Community Lake
  • Post and Beam
  • Fitness Center
  • Clubhouse
  • Wood Flooring

About This Home

As of January 2022

This is a gorgeous, immaculately maintained post and beam home on a large private lot with views of two lakes, a large waterfall and rockfaces. This is the epitome of a mountain view home. The massive wooden beams throughout the house says "mountains" and the dynamic views say, "relax and enjoy cool mountain air and multicolored ridges and clear sparkling waters"! This home is made for family and friends with multiple sleeping areas and space separation for many activities. Every bedroom looks out at the botanically diverse (1600 species) mountains of the southern Appalachians at 3,000'+ elevation. How many homes can you sit on the sunny deck and enjoy two lakes, a waterfall and vertical rock faces of rugged mountains. The privacy of the location and large lot is not easy find in many areas. The home is made for entertaining and making memories with friends and family hiking, fishing, boating, floating rivers, or competing in pickle ball, tennis, golf, croquet or fishing. PR-16

Last Agent to Sell the Property

Jerry Starr

Lake Toxaway Co. License #52035 Listed on: 09/30/2020

Last Buyer's Agent

Reginald Heinitsh

Lake Toxaway Co. License #229715

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • 2.41

HOA Fees

  • $201 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Post and Beam

Interior Spaces

  • 6 Full Bathrooms
  • Wood Burning Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Oven
  • Kitchen Island

Flooring

  • Wood
  • Tile

Schools

  • Tc Henderson Elementary School

Additional Features

  • Many Trees
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 8513-74-7201-000
  • Tax Block PR

Community Details

Overview

  • Lake Toxaway Comunity Association, Phone Number (828) 966-9453
  • Built by Robets
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Golf Course Community
  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

HOA Fees

$201 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2.5 Story
  • Architectural Style: Post and Beam
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.96000
  • Ratio Close Price By Original Li: 0.96000
  • Ratio Current Price By Acre: 995850.62
  • Ratio Current Price By Sq Ft: 405.41
  • Year Built: 2008
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Partially Finished, Concrete
  • Upper Level Sq Ft: 977
  • Full Bathrooms: 6
  • Total Bathrooms: 6.00
  • Total Bedrooms: 4
  • Doors and Windows: g-Insulated Door(s), Insulated Windows, Screen Door(s)
  • Equipment: Beverage Refrigerator, Cable Prewire, Ceiling Fan(s), Cooktop Gas, Dishwasher, Double Oven, Dryer, Electric Dryer Hookup, Exhaust Hood, Generator, Microwave, Oven, Propane, Refrigerator
  • Fireplace Description: FAMILYRM, Living Room, Porch, Wood Burning
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 828-966-9453
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Kitchen Island, Pantry
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Additional: 718
  • Lower Level Sq Ft: 1968
  • Main Level Sq Ft: 2975
  • Total Sq Ft: 5920
  • Sq Ft Unheated Lower: 262
  • Sq Ft Unheated Total: 262

Exterior Features

  • Construction: Fiber Cement, Glass, Rough Sawn
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Driveway, Garage - 2 Car, Garage Door Opener, Parking Space - 4+
  • Sq Ft Garage: 674

Utilities

  • Heating: Central Air, Heat Pump - AC, Multizone A/C, MultiZone Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric, g-On-Demand Water Heater

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Golf Course, Lake, Outdoor Pool, Picnic Area, Playground
  • Association Fee: 2413.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Lake Toxaway Comunity Association
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: TC Henderson
  • Middle School: Unspecified
  • High School: Unspecified
  • Middle Or Junior School: Unspecified

Lot Info

  • Lot Features: Long Range View, Mountain View, Natural Waterfall, Sloping, Trees, Water view, Year Round View
  • Lot Size Area: 2.410
  • Parcel Number: 8513-74-7201-000
  • Plat Book Slide: 14/159

Building Info

  • Builder Name: Robets

Tax Info

  • Tax Value: 1756550.00
  • Tax Block: PR
  • Tax Location: Lake Toxaway

MLS Schools

  • Elementary School: TC Henderson
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2020
Closed on
Jan 17, 2022
Sold by
Norton James G and Norton Annie Y
Bought by
Giglio Anthony L and Giglio Stacey
Seller's Agent
Jerry Starr
Lake Toxaway Co.
Buyer's Agent
Reginald Heinitsh
Lake Toxaway Co.
List Price
$2,500,000
Sold Price
$2,400,000
Premium/Discount to List
-$100,000
-4%
Total Days on Market
435
Current Estimated Value
$2,808,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,928
Avg. Annual Appreciation
4.78%
Original Mortgage
$1,800,000
Outstanding Balance
$1,679,121
Interest Rate
3.11%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,129,807

Purchase Details

Closed on
Jun 8, 2010
Sold by
Leddick Kenneth F and Leddick Barbara L
Bought by
Norton James G and Clark Annie Y
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 Buyer Sale Price Title Company
Giglio Anthony L $4,800 Jones Shelton
Norton James G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giglio Anthony L $1,800,000
Previous Owner Norton James G $500,000
Previous Owner Norton James G $644,000
Previous Owner Norton Janes G $453,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2022 01/19/22 Sold $2,400,000 -4.0% $405 / Sq Ft
12/09/2021 12/09/21 Pending -- -- --
09/30/2020 09/30/20 For Sale $2,500,000 -- $422 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $12,304 $1,869,010 $330,000 $1,539,010
2023 $12,304 $1,869,010 $330,000 $1,539,010
2022 $12,304 $1,869,010 $330,000 $1,539,010
2021 $12,210 $1,869,010 $330,000 $1,539,010
2020 $10,439 $1,499,890 $0 $0
2019 $10,364 $1,499,890 $0 $0
2018 $8,480 $1,499,890 $0 $0
2017 $8,383 $1,499,890 $0 $0
2016 $8,353 $1,499,890 $0 $0
2015 $6,166 $1,455,600 $300,000 $1,155,600
2014 $6,166 $1,455,600 $300,000 $1,155,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3667818

Canopy MLS (Canopy Realtor® Association)

APN: 8513-74-7201-000