$225,000
SOLD JUL 11, 2017

526 Whetstone Gap Rd Lake Toxaway, NC 28747

Lake Toxaway Neighborhood
3 Beds
2 Baths
1,668 Sq Ft
0.43 Acres

Recently Sold

$135 Per Sq Ft

1% Below List Price

182 Days on Market

Highlights

  • View of Trees or Woods
  • Vaulted Ceiling
  • Wood Flooring
  • Wooded Lot
  • Traditional Architecture
  • No HOA

About This Home

As of December 2023

Private, peaceful 3/2 mountain home located in a lightly deed restricted community with year round road maintenance. Open floor plan, kitchen features lazy susans and pullouts in all lower cabinet, ceiling fans in every room, vaulted ceilings throughout, under a pest contract, 850 gal. fresh water storage system located under the house to include water filtration system. Plenty of room in unfinished basement for storage. Driveway is paved. Enjoy winter nights in front of your beautiful stone fireplace, when spring arrives move out onto the screened porch and feel like you are in a forest tree house looking over Gorges State Park with amazing mountain winter views. This is a well established quiet neighborhood for retirement or a starter home. A great year round home or summer/winter retreat. Minutes from local waterfalls and hiking trails. Priced to sell, a must see!

Last Agent to Sell the Property

Susan Breedlove

WNCproperty.com Inc. Brokerage Phone: 8289664026 License #32729 Listed on: 11/09/2016

Last Buyer's Agent

Susan Breedlove

WNCproperty.com Inc. Brokerage Phone: 8289664026 License #32729 Listed on: 11/09/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,089

Year Built

  • Built in 2001

Lot Details

  • 0.43 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Garden

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Stone Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Screened Porch
  • Views of Woods
  • Dryer

Kitchen

  • Breakfast Bar
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Whetstone Gap Subdivision

Listing and Financial Details

  • Tax Lot 46 Revised
  • Assessor Parcel Number 8522-70-5770-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,089

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.43
  • Subdivision Name: Whetstone Gap
  • Directions: Take Rosman Highway East (Highway 64 East) to right onto Whetstone Gap Road (it is just after road construction). Go approx. 1/2 mile on your right, look for mailbox with 526 and split rail fence.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2001
  • Attribution Contact: 8289664026
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Gas Oven, Refrigerator, Washer
  • Has Basement: Dirt Floor, Exterior Entry, Other, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room, Stone
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Borders National Forest, Partially Cleared, Rolling Slope, Wooded
  • View: Seasonal View, Trees/Woods
  • View: Yes
  • Construction Type: Fiber Cement
  • Exterior Features: Garden, Satellite Dish
  • Foundation Details: Block
  • Patio And Porch Features: Rear Porch, Covered, Front Porch, Porch, Screened, Wrap Around
  • Roof: Shingle

Garage/Parking

  • Parking Features: Paved

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: High Speed Internet Available, Satellite Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 18730.8
  • Parcel #: 8522-70-5770-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 1088.74
  • Tax Lot: 46 Revised
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
Nov 30, 2023
Sold by
Ostler Jeffery Brent and Ostler Teresa C
Bought by
Ampova Dona Lynn and Ampov Stojancho
Seller's Agent
Mo Mitchell
Lake Toxaway Company
Buyer's Agent
Non Member
Non-Member Office
List Price
$375,000
Sold Price
$375,000
Views
79
Current Estimated Value
$432,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,882
Avg. Annual Appreciation
8.50%
Original Mortgage
$368,207
Interest Rate
7.63%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 9, 2016
Closed on
Jul 11, 2017
Sold by
Kickhofel Morrill L and Kickhofel Morrill Kim
Bought by
Ostler Jeffrey Brent and Ostler Teresa C
Seller's Agent
Susan Breedlove
WNCproperty.com Inc.
Buyer's Agent
Susan Breedlove
WNCproperty.com Inc.
List Price
$227,500
Sold Price
$225,000
Premium/Discount to List
-$2,500
-1.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%
Original Mortgage
$180,000
Interest Rate
3.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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 Type Sale Price Title Company
Warranty Deed $375,000 None Listed On Document
Warranty Deed $375,000 None Listed On Document
Warranty Deed $225,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $370,279 FHA
Closed $368,207 FHA
Previous Owner $180,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2023 12/05/23 Sold $375,000 0.0% $225 / Sq Ft
10/10/2023 10/10/23 For Sale $375,000 +66.7% $225 / Sq Ft
07/11/2017 07/11/17 Sold $225,000 -1.1% $135 / Sq Ft
06/30/2017 06/30/17 Pending -- -- --
11/10/2016 11/10/16 For Sale $227,500 -- $136 / 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
2025 $1,782 $370,790 $30,000 $340,790
2024 $1,419 $215,600 $30,000 $185,600
2023 $1,419 $215,600 $30,000 $185,600
2022 $1,419 $215,600 $30,000 $185,600
2021 $1,409 $215,600 $30,000 $185,600
2020 $1,361 $195,500 $0 $0
2019 $1,351 $195,500 $0 $0
2018 $1,105 $195,500 $0 $0
2017 $1,093 $195,500 $0 $0
2016 $1,089 $195,500 $0 $0
2015 -- $215,260 $52,500 $162,760
2014 -- $215,260 $52,500 $162,760
Source: Public Records

Agents Affiliated with this Home

  • Mo Mitchell

    Seller's Agent in 2023

    Mo Mitchell

    Lake Toxaway Company

    (828) 553-3319

    71 in this area

    71 Total Sales

    Mo Mitchell
    Section Image
  • Mish Nichols

    Seller Co-Listing Agent in 2023

    Mish Nichols

    Lake Toxaway Company

    (704) 576-5511

    64 in this area

    66 Total Sales

    Mish Nichols
    Section Image

  • N

    Buyer's Agent in 2023

    Non Member

    Non-Member Office

  • S

    Seller's Agent in 2017

    Susan Breedlove

    WNCproperty.com Inc.

    (828) 553-8944

    9 in this area

    13 Total Sales

    Susan Breedlove
    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 85021

APN: 8522-70-5770-000

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

526 Whetstone Gap Rd, Lake Toxaway, NC

This home is located at 526 Whetstone Gap Rd, Lake Toxaway, NC 28747 and is currently priced at $225,000, approximately $134 per square foot. This property was built in 2001. 526 Whetstone Gap Rd is a home located in Transylvania County.

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