$150,000
SOLD JAN 25, 2018

563 Lower Hawk Mountain Rd Lake Toxaway, NC 28747

Lake Toxaway Neighborhood
1 Bed
1 Bath
650 Sq Ft
5.09 Acres

Recently Sold

$231 Per Sq Ft

25% Below List Price

520 Days on Market

Highlights

  • Docks
  • 5.09 Acre Lot
  • Vaulted Ceiling
  • View of Trees or Woods
  • Wooded Lot
  • Wood Flooring

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 - at this point the stream has a beautiful waterfall to enjoy from the deck or from the hammock beside the water. The pool at the base of the waterfall is a great place for children to play. 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. Perfect escape for a couple with one bedroom and bath with antique pedestal tub. Enjoy the rocking chair front porch, or the fire pit, picnic table and grill just outside. The studio in the garden has been renovated and is amenable to artists, writers or any type of craft or hobby you may enjoy. An attached tool shed houses the garden implements. Later, if you wish to build a larger home or more than one, there is a valid septic permit for four bedrooms - either one large home or two. A unique property not often found with this degree of privacy so close to main roads and activities.

Last Agent to Sell the Property

Mary Coker

Looking Glass Realty Sapphire Brokerage Phone: 8289669209 Listed on: 06/20/2016

Last Buyer's Agent

Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $753

Year Built

  • Built in 1955

Lot Details

  • 5.09 Acre Lot
  • Home fronts a stream
  • Steep Slope
  • Wooded Lot
  • Garden

Home Design

  • Metal Roof
  • Log Siding

Interior Spaces

  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Window Treatments
  • Living Room with Fireplace
  • Views of Woods
  • Crawl Space
  • Microwave
  • Dryer

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Docks
  • Covered patio or porch
  • Fire Pit

Utilities

  • No Cooling
  • Heating Available
  • Spring water is a source of water for the property
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number **

Home Details

Home Type

Single Family

Est. Annual Taxes

$753

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.09
  • Road Surface Type: Gravel
  • Subdivision Name: None
  • Directions: US Hwy 64 in Lake Toxaway to NC 281 North. 281N to left on Cold Mountain Road to first right - stay to the immediate right beside Lake Toxaway Methodist Church on Lower Hawk Mountain Road. One-half mile to first driveway on left - paved drive up to cabin.
  • Architectural Style: Log Home
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1955
  • Attribution Contact: 8289669209
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Gas Oven, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Partially Cleared, Rolling Slope, Steep Slope, Subdivided, Wooded, Waterfall
  • View: Creek/Stream, Trees/Woods
  • View: Yes
  • Waterfront Features: Stream
  • Construction Type: Log
  • Exterior Features: Dock, Fire Pit, Garden
  • Other Structures: Workshop
  • Patio And Porch Features: Covered, Front Porch, Porch
  • Roof: Metal

Garage/Parking

  • Parking Features: None, Paved

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: None
  • Water Source: Spring

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 221720.4
  • Parcel #: **
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 753.0
  • Tax Lot: na
  • Tax Year: 2015

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
520
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

Range of Values:

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Average Value
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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 $193,500 None Available
Warranty Deed $155,000 None Available
Deed $30,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $115,000 Seller Take Back
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: 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 $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: Highlands-Cashiers Board of REALTORS®

MLS Number: 84239

APN: 8523-31-2086-000