NOT LISTED FOR SALE

55 Toxaway Shores Unit 15 Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $1,202,779 - $1,335,000

2 Beds
2.5 Baths
1,992 Sq Ft
3,790 Sq Ft Lot

Last Sold March 12, 2024

Last sale price $1,200,000 $602 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,427/month

Highlights

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

About This Home

As of March 2024

Discover serene lakeside living in this Lake Toxaway condominium with spectacular views down the lake and beyond. This well appointed condo has a lovely kitchen with ample storage space, a large great room, two bedrooms in addition to a bonus room, as well as two and half bathrooms. Toxaway Shores has all the coveted amenities - private pool, private tennis/pickleball court, a wrap-around dock with your own boat slip, a community clubhouse as well as a lush green lawn to celebrate the day or special festivities. Enjoy sunrises and sunsets for days to come in this picturesque lakeside condominium.

Last Agent to Sell the Property

Mo Mitchell

Lake Toxaway Company Brokerage Phone: 8289664260 Listed on: 02/06/2024

Co-Listed By

Mish Nichols

Lake Toxaway Company Brokerage Phone: 8289664260

Last Buyer's Agent

Ross Hyett

Lake Toxaway Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,633

Year Built

  • Built in 1974

Lot Details

  • Lake Front
  • Cleared Lot

Home Design

  • Traditional Architecture
  • Split Level Home
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Furnished or left unfurnished upon request
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Lake Views
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Docks
  • Balcony
  • Arbor

Utilities

  • Central Heating and Cooling System
  • Shared Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 8513-90-9145-416

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,633

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Water Body Name: Lake Toxaway
  • Co List Office Mls Id: 258
  • Co List Office Phone: 828-966-4260
  • Subdivision Name: Lake Toxaway Estates
  • Directions: Hwy 64 to Blue Ridge Road (Hwy 281N) to left on Cold Mountain Road to left into Toxaway Shores to Unit 15.
  • Architectural Style: Split Level, Traditional
  • Building Name: Toxaway Shores
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Multi/Split
  • New Construction: No
  • Year Built: 1974
  • Attribution Contact: 8289664260
  • Special Features: None

Interior Features

  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Oven, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Vaulted Ceiling(s)
  • Window Features: Skylight(s)

Exterior Features

  • Lot Features: Cleared, Level
  • Pool Features: Community
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Construction Type: Wood Siding
  • Exterior Features: Balcony, Dock, Arbor, Satellite Dish
  • Foundation Details: Slab
  • Patio And Porch Features: Rear Porch, Covered, Screened, Balcony
  • Roof: Shingle

Garage/Parking

  • Parking Features: Paved, Parking Lot

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Permit 2 Bedroom, Septic Tank
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Lake, Marina, Playground, Pool, Putting Green, Tennis Court(s), Trails/Paths
  • Association: Yes
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 8513-90-9145-416

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 3632.89
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2024
Closed on
Mar 7, 2024
Sold by
Lastrapes William Dean and Lastrapes Jane R
Bought by
Adkinson Michael H and Cheatham Mari Lynn
Seller's Agent
Mo Mitchell
Lake Toxaway Company
Buyer's Agent
Ross Hyett
Lake Toxaway Company
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Total Days on Market
0
Views
12
Current Estimated Value
$1,269,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,195
Avg. Annual Appreciation
4.66%

Purchase Details

Closed on
Sep 9, 2020
Sold by
Jameson Louis Norwood and Jameson Maribeth
Bought by
Lastrapes William Dean and Lastrapes Jane R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1992
Bought by
Jameson Louis N
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
Adkinson Michael H $1,200,000 None Listed On Document
Lastrapes William Dean $560,000 None Available
Jameson Louis N $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lastrapes William Dean $448,000
Previous Owner Jameson Louis N $269,072
Previous Owner Jameson Louis Norwood $416,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2024 03/12/24 Sold $1,200,000 -4.0% $602 / Sq Ft
02/06/2024 02/06/24 For Sale $1,250,000 -- $628 / 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 $3,633 $551,860 $125,000 $426,860
2023 $3,633 $551,860 $125,000 $426,860
2022 $3,633 $551,860 $125,000 $426,860
2021 $3,605 $551,860 $125,000 $426,860
2020 $3,286 $406,810 $0 $0
2019 $3,286 $406,810 $0 $0
2018 $2,300 $406,810 $0 $0
2017 $2,361 $406,810 $0 $0
2016 $2,358 $406,810 $0 $0
2015 $2,515 $572,220 $450,000 $122,220
2014 $2,515 $572,220 $450,000 $122,220
Source: Public Records

Agents Affiliated with this Home

  • Mo Mitchell

    Seller's Agent in 2024

    Mo Mitchell

    Lake Toxaway Company

    (828) 553-3319

    74 in this area

    74 Total Sales

    Mo Mitchell
    Section Image
  • Mish Nichols

    Seller Co-Listing Agent in 2024

    Mish Nichols

    Lake Toxaway Company

    (704) 576-5511

    64 in this area

    66 Total Sales

    Mish Nichols
    Section Image
  • Ross Hyett

    Buyer's Agent in 2024

    Ross Hyett

    Lake Toxaway Company

    (828) 553-0411

    78 in this area

    82 Total Sales

    Ross Hyett
    Section Image
See All Agents

Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 103665

APN: 8513-90-9145-416

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

55 Toxaway Shores Unit 15, Lake Toxaway, NC

This home is located at 55 Toxaway Shores Unit 15, Lake Toxaway, NC 28747 since 06 February 2024 and is currently estimated at $1,269,195, approximately $637 per square foot. This property was built in 1974. 55 Toxaway Shores Unit 15 is a home located in Transylvania County.

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