NOT LISTED FOR SALE

481 Richland Ridge Rd Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $954,000 - $1,298,000

4 Beds
3.5 Baths
2,111 Sq Ft
$557/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $850,000 $403 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,924/month

157 Days on Market

Highlights

  • River Front
  • 3.69 Acre Lot
  • Near a National Forest
  • Second Garage
  • Mountain View
  • Cathedral Ceiling

About This Home

As of March 2022

Custom home designed by Parker Platt has incredible views and was built on one of the prime lots in the Richland Ridge Conservation Neighborhood in Lake Toxaway. Views all the way to the Blue Ridge Parkway with direct views of Devils Courthouse, Pilot Mountain and more. Interior of home is full of custom features, open floor plan opening onto large generous sized covered porch. Home has energy efficient features like radiant floor heat on all levels including recreation area on lower level. Lower level is plumbed for a full bath but currently just has a half bath. Lower level has lots of flexible space. Richland Ridge is a super special place with common area, over a mile West Fork River frontage and hiking trails, open conservation land and pastures along with river and gardens and 100's of conserved acres that back up to Pisgah National Forest. Truly one of the ares best kept secrets in a special area of Lake Toxaway, Transylvania County. Home borders Pisgah National Forest.

Last Agent to Sell the Property

Paul Wilander

Looking Glass Realty Sapphire Brokerage Phone: 8289669209 Listed on: 09/02/2021

Last Buyer's Agent

Non Member

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 3.69 Acre Lot
  • River Front

Parking

  • 2 Car Attached Garage
  • Second Garage

Home Design

  • Cottage
  • Metal Roof
  • Wood Siding
  • Block Exterior

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Workshop
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main

Basement

  • Block Basement Construction
  • Laundry in Basement

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Balcony
  • Enclosed patio or porch
  • Fire Pit

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Well
  • Septic Tank
  • Septic Permit Issued
  • Private Sewer

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 8533775669000

Community Details

Overview

  • Property has a Home Owners Association
  • Richland Ridge Subdivision
  • Near a National Forest

Amenities

  • Picnic Area

Recreation

  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Adjoins National Forest
  • Lot Size Acres: 3.69
  • Lot Size: 3.69
  • Subdivision Name: Richland Ridge
  • Directions: Hwy 64 to Silversteen Rd, Follow Silversteen Road through Pisgah National Forest along the West Fork River, once you past Diamond Creek Rd look for next road on the Left Richland Creek Road, take Richland Creek Road to next Left on Richland Ridge Rd, follow up to first home on the left #481 has a circle driveway, suggest pulling in second drive.
  • Architectural Style: Cottage/Bungalow
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2001
  • Kitchen Level: Main
  • Attribution Contact: 8289669209
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Oven/Range-Dual Fuel, Dishwasher, Freezer, Refrigerator
  • Accessibility Features: Handicap Accessible
  • Has Basement: Block
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Concrete, Wood, Tile
  • Interior Amenities: Breakfast Bar, Built-in Features, Workshop, Cathedral Ceiling(s), Ceiling Fan(s), Pantry, Central Vacuum
  • Main Level Bedrooms: 3
  • Room Bedroom4 Level: Upper
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Main
  • Room Bedroom2 Level: Main
  • Room Family Room Level: Main
  • Room Office Level: Main
  • Dining Room Dining Room Level: Main

Exterior Features

  • View: Long, Mountain(s), Year Round
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block, Wood Siding
  • Exterior Features: Balcony, Fire Pit
  • Other Structures: Shed(s), Gazebo
  • Patio And Porch Features: Back, Enclosed, Porch, Balcony, Front, Side, Covered
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Paved, Attached, Double Garage
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: In Basement
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Natural Gas, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Permit, Private Sewer, Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Adjoins National Forest, Walking/Bike Trails, Picnic Area
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 160736.4
  • Farm Land Area Units: Square Feet
  • Parcel #: 8533775669000
  • Zoning: No
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 553680
  • Tax Lot: 11
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Mar 15, 2022
Sold by
Lawton Winston John and Parker Amy
Bought by
Hay Emily C
Seller's Agent
Paul Wilander
Looking Glass Realty Sapphire
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$874,500
Sold Price
$850,000
Premium/Discount to List
-$24,500
-2.8%
Total Days on Market
157
Current Estimated Value
$1,174,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,848
Avg. Annual Appreciation
10.61%
Original Mortgage
$375,000
Outstanding Balance
$353,237
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$821,611

Purchase Details

Closed on
Dec 1, 2003
Bought by
Winston John L
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
Hay Emily C $850,000 Jordan Donald E
Winston John L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hay Emily C $375,000
Previous Owner Wilston John L $417,000
Previous Owner Winston John Lawton $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $850,000 -2.8% $403 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
09/02/2021 09/02/21 For Sale $874,500 -- $414 / 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 $3,949 $599,910 $250,000 $349,910
2023 $3,949 $599,910 $250,000 $349,910
2022 $3,650 $553,680 $250,000 $303,680
2021 $3,622 $553,680 $250,000 $303,680
2020 $3,264 $468,090 $0 $0
2019 $3,241 $468,090 $0 $0
2018 $2,965 $468,090 $0 $0
2017 $2,942 $468,090 $0 $0
2016 $2,911 $468,090 $0 $0
2015 $1,560 $339,220 $100,000 $239,220
2014 $1,560 $339,220 $100,000 $239,220
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Paul Wilander

    Looking Glass Realty Sapphire

  • N

    Buyer's Agent in 2022

    Non Member

    NON-MEMBER OFFICE

See All Agents

Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 97358

APN: 8533-77-5669-000

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

481 Richland Ridge Rd, Lake Toxaway, NC

This home is located at 481 Richland Ridge Rd, Lake Toxaway, NC 28747 since 02 September 2021 and is currently estimated at $1,174,848, approximately $556 per square foot. This property was built in 2001. 481 Richland Ridge Rd is a home located in Transylvania County.

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