NOT LISTED FOR SALE

478 Panther Ridge Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $2,808,928

4 Beds
6 Baths
-- Sq Ft
2.41 Acres

Last Sold January 19, 2022

Last sale price $2,400,000

Est. 17% increase in value since last sale

Current estimated payment $16,793/month

434 Days on Market

Highlights

  • Marina
  • 2.41 Acre Lot
  • Deck
  • Lake View
  • Community Lake
  • Wooded Lot

About This Home

As of January 2022

This is the perfect mountain home that so many people are looking for to build memories for the extended family. The post and beam construction has an elegant rustic feel and this large home will accommodate the kids and grandkids. Plenty of space for recreational and electronic gaming and yet separated from other members wanting peace and serenity, The house has 4 bedrooms and two bonus rooms and air conditioned/heated storage. The 5 porch areas will accommodate any large party group with open covered and screened decks. The three masonry fireplaces exhibits quality and provides the mountain touch of a crackling fire and the smell of wood smoke. Each bedroom has a separate bathroom which are quite spacious. The home is being sold mostly furnished but usable on the day of closing. There is a large office space/overflow sleeping area over the garage, The garage has 4 doors so you drive in and drive out. Unusually large, level paved driveway/parking area will accommodate numerous guest cars. The wood, tile and granite in the house yells quality and craftsmanship throughout. you aare about a mile from the country club, marina, tennis, pickle ball, and croquet courts and the pro shop and golf courts. Outstanding fishing is available in Lake Toxaway featuring brown and rainbow trout, walleye, large and smallmouth bass, blue gill, shellcrackers and huge catfish. The Panthertown Wilderness area is on the north side of our property and the Gorges State Park is on the south side of our property. Lake Toxaway is the largest private lake in North Carolina and we do not allow jet skis on the lake. The POA provides 24 hour roving patrol security. Around our property are several great restaurants and many others nearby.The average high temperature in the summer is 75 degrees and low is 60 degrees. Winter time high is 52 and low is 27. Three 5" snow falls are an average winter snowfall.

Reginald Heinitsh

Lake Toxaway Company Brokerage Phone: 8289664260 Listed on: 09/29/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,439

Year Built

  • Built in 2008

Lot Details

  • 2.41 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • Wet Bar
  • Partially Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Screened Porch
  • Dryer

Kitchen

  • Breakfast Bar
  • Double Oven
  • Propane Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

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

Finished Basement

  • Heated Basement
  • Fireplace in Basement

Outdoor Features

  • Deck
  • Outdoor Fireplace

Utilities

  • Humidity Control
  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 16 & 1/2 17
  • Assessor Parcel Number 8513-74-7201-000

Community Details

Overview

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

Recreation

  • Marina
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,439

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.41
  • Road Surface Type: Paved
  • Subdivision Name: Lake Toxaway Estates
  • Directions: Take US 64 to NC 281 (Blue Ridge Road) at the LT fire department turn left and follow Cold Mountain to Panther Ridge Road (2+ miles) turn right on to Panther Ridge follow to sharp right turn, next driveway on the right, 478 on mail box. Paved driveway.
  • Architectural Style: Traditional, Post and Beam
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 2008
  • Attribution Contact: 8289664260
  • Special Features: VirtualTour

Interior Features

  • Furnished: Partially
  • Appliances: Double Oven, Dryer, Dishwasher, Exhaust Fan, Freezer, Disposal, Microwave, Propane Cooktop, Refrigerator, Wine Cooler, Washer
  • Has Basement: Encapsulated, Finished, Heated, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: Basement, Living Room, Masonry, Outside, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Tile, Wood
  • Interior Amenities: Wet Bar, Breakfast Bar, Ceiling Fan(s), Separate/Formal Dining Room, Jetted Tub, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Instant Hot Water

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Waterfall
  • View: Lake, Mountain(s), Rocks
  • View: Yes
  • Waterfront Features: Deeded Access
  • Disclosures: Flood Plain Disclosure
  • Construction Type: Fiber Cement
  • Foundation Details: Poured
  • Patio And Porch Features: Rear Porch, Covered, Deck, Front Porch, Porch, Screened
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Humidity Control, Heat Pump, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Humidity Control, Heat Pump, Zoned
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Septic Tank
  • Utilities: Cable Available, Fiber Optic Available, High Speed Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Lake, Marina, Near National Forest, Playground, Trails/Paths, Water Access
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 104979.6
  • Parcel #: 8513-74-7201-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 10439.23
  • Tax Lot: 16 & 1/2 17
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2020
Closed on
Jan 17, 2022
Sold by
Norton James G and Norton Annie Y
Bought by
Giglio Anthony L and Giglio Stacey
Buyer's Agent
Reginald Heinitsh
Lake Toxaway Company
List Price
$2,500,000
Sold Price
$2,400,000
Premium/Discount to List
-$100,000
-4%
Total Days on Market
434
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% --
12/09/2021 12/09/21 Pending -- -- --
09/30/2020 09/30/20 For Sale $2,500,000 -- --
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 $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

  • R

    Buyer's Agent in 2022

    Reginald Heinitsh

    Lake Toxaway Company

    (803) 413-7883

    26 in this area

    26 Total Sales

    Reginald Heinitsh
    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 94835

APN: 8513-74-7201-000

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

478 Panther Ridge, Lake Toxaway, NC

This home is located at 478 Panther Ridge, Lake Toxaway, NC 28747 since 29 September 2020 and is currently estimated at $2,808,928. This property was built in 2008. 478 Panther Ridge is a home located in Transylvania County.

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