NOT LISTED FOR SALE

563 Lower Hawk Mountain Rd Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $171,673 - $551,000

1 Bed
1 Bath
650 Sq Ft
$559/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $193,500 $298 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,080/month

1 Day on Market

Highlights

  • Open Floorplan
  • Cathedral Ceiling
  • Home fronts a stream
  • Private Lot
  • Wood Flooring
  • Fire Pit

About This Home

As of August 2020

Step back in time and savor this quaint chestnut log cabin, the sounds of Pounding Mill Branch, and
the rocking chair front porch. Down from the cabin, go through the garden gate to studio, garden,
and deck beside the stream and waterfall.The property encompasses over 400' of Pounding Mill Branch with numerous small cascades. The cabin has been lovingly maintained & features a true great room with stone fireplace in the living area, vaulted ceiling, and kitchen and dining area opposite the living area.Enjoy the rocking chair front porch, the fire pit, & pure mountain peacefulness. The studio in the garden has been renovated and is amenable to artists, writers or any type of craft or hobby you may enjoy. Five star vacation rental!

Last Agent to Sell the Property

Mary Coker

Looking Glass Realty, Sapphire License #79808 Listed on: 06/07/2020

Last Buyer's Agent

Kenneth McCall

Lake Toxaway Co. License #197685

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • Home fronts a stream
  • Private Lot

Home Design

  • Cabin
  • Log Siding

Interior Spaces

  • 1 Full Bathroom
  • Open Floorplan
  • Cathedral Ceiling
  • Window Treatments
  • Wood Flooring
  • Crawl Space

Additional Features

  • Fire Pit
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 8523-21-8307-000

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cabin
  • Ratio Close Price By List Price: 0.97727
  • Ratio Close Price By Original Li: 0.97727
  • Ratio Current Price By Acre: 38015.72
  • Ratio Current Price By Sq Ft: 297.69
  • Year Built: 1958
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Doors and Windows: Screen Door(s)
  • Equipment: Dryer, Gas Range, Refrigerator, Washer
  • Fireplace Description: Great Room, Propane
  • Flooring: Wood
  • Interior Amenities: Cathedral Ceiling(s), Open Floorplan, Window Treatments
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 650
  • Total Sq Ft: 650

Exterior Features

  • Construction: Log
  • Construction Type: Site Built
  • Exterior Features: Fire pit

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Heating: Gas Space Heater
  • Sewer: Septic Installed
  • Water: Spring
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Private, Stream/Creek
  • Lot Size Area: 5.090
  • Parcel Number: 8523-21-8307-000

Tax Info

  • Tax Value: 154380.00
  • Tax Location: Transylvania

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2020
Closed on
Jul 30, 2020
Sold by
King Ruckus Llc
Bought by
Miller Louise Johnson
Seller's Agent
Mary Coker
Looking Glass Realty, Sapphire
Buyer's Agent
Kenneth McCall
Lake Toxaway Co.
List Price
$198,000
Sold Price
$193,500
Premium/Discount to List
-$4,500
-2.27%
Total Days on Market
1
Current Estimated Value
$363,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,058
Avg. Annual Appreciation
13.98%

Purchase Details

Listed on
Jun 20, 2016
Closed on
Jan 25, 2018
Sold by
Danford Howard Richard and Danford Susan Dean
Bought by
King Ruckus Llc
Seller's Agent
Mary Coker
Looking Glass Realty Sapphire
Buyer's Agent
Non Member
Non-Member Office
List Price
$200,000
Sold Price
$150,000
Premium/Discount to List
-$50,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%
Original Mortgage
$115,000
Interest Rate
3.93%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 1, 1995
Bought by
Danford Howard R
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
Miller Louise Johnson $193,500 None Available
King Ruckus Llc $155,000 None Available
Danford Howard R $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Ruckus Llc $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $193,500 -2.3% $298 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
06/07/2020 06/07/20 For Sale $198,000 +32.0% $305 / Sq Ft
01/25/2018 01/25/18 Sold $150,000 -25.0% $231 / Sq Ft
11/23/2017 11/23/17 Pending -- -- --
06/20/2016 06/20/16 For Sale $200,000 -- $308 / 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 $467 $70,930 $20,000 $50,930
2023 $313 $70,930 $20,000 $50,930
2022 $313 $70,930 $20,000 $50,930
2021 $463 $70,930 $20,000 $50,930
2020 $444 $63,730 $0 $0
2019 $440 $63,730 $0 $0
2018 $360 $63,730 $0 $0
2017 $356 $63,730 $0 $0
2016 $355 $63,730 $0 $0
2015 $290 $68,510 $20,000 $48,510
2014 $290 $68,510 $20,000 $48,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3628588

Canopy MLS (Canopy Realtor® Association)

APN: 8523-31-2086-000