NOT LISTED FOR SALE

580 Whetstone Gap Rd Unit 49 Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $349,739 - $834,000

3 Beds
2 Baths
1,706 Sq Ft
$301/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $242,500 $142 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $3,031/month

10 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Fireplace
  • Wooded Lot
  • Cottage

About This Home

As of July 2021

One level home with 1 car garage attached with mountain views in beautiful Lake Toxaway. Your backyard backs right up to the Gorges State Park. This 3 bedroom/2 bathroom home has a huge rock fireplace in the living room, open floor plan, wood floors and a cozy home feeling when you walk through the door. Home is located about 25 minutes from Brevard and Cashiers. This home would be a great year round home or vacation rental.

Last Agent to Sell the Property

Cindy Petit

Petit Properties Inc License #260192 Listed on: 05/17/2021

Last Buyer's Agent

Steph Caldwell

Mosaic Community Lifestyle Realty License #289187

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • Wooded Lot
  • Many Trees

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Cottage

Interior Spaces

  • 2 Full Bathrooms
  • Open Floorplan
  • Fireplace

Flooring

  • Wood
  • Vinyl

Additional Features

  • Outbuilding
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 8522-70-5402-000
  • Tax Block 123

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

HOA Fees

$21 per month

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.01464
  • Ratio Close Price By Original Li: 1.01464
  • Ratio Current Price By Acre: 621794.87
  • Ratio Current Price By Sq Ft: 142.15
  • Year Built: 1968
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Brick
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Fixture Exception Description: Kitchen Nook fixture over the table
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Open Floorplan
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1706
  • Total Sq Ft: 1706

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Outbuilding

Garage/Parking

  • Driveway: Gravel
  • Parking: Garage - 1 Car

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 250.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: TC Henderson
  • Middle School: Rosman
  • High School: Rosman

Lot Info

  • Lot Features: Mountain View, Trees, Views, Wooded
  • Lot Size Area: 0.390
  • Parcel Number: 8522-70-5402-000
  • Plat Book Slide: 3

Tax Info

  • Tax Value: 218040.00
  • Tax Block: 123
  • Tax Location: Transylvania

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Jun 22, 2021
Sold by
Whetstone Gap Road Llc
Bought by
Nulisch Joy
Seller's Agent
Cindy Petit
Petit Properties Inc
Buyer's Agent
Steph Caldwell
Mosaic Community Lifestyle Realty
List Price
$239,000
Sold Price
$242,500
Premium/Discount to List
$3,500
1.46%
Total Days on Market
10
Current Estimated Value
$513,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,435
Avg. Annual Appreciation
21.36%
Original Mortgage
$218,250
Outstanding Balance
$200,162
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$313,773

Purchase Details

Closed on
Dec 1, 2004
Bought by
Whetstone Gap Road Llc
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
Nulisch Joy $242,500 None Available
Whetstone Gap Road Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nulisch Joy $218,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $242,500 +1.5% $142 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $239,000 0.0% $140 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $239,000 -- $140 / 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 $1,494 $226,880 $30,000 $196,880
2023 $1,432 $217,500 $30,000 $187,500
2022 $1,432 $217,500 $30,000 $187,500
2021 $1,421 $217,500 $30,000 $187,500
2020 $1,518 $218,040 $0 $0
2019 $1,507 $218,040 $0 $0
2018 $1,233 $218,040 $0 $0
2017 $1,219 $218,040 $0 $0
2016 $1,214 $218,040 $0 $0
2015 -- $263,390 $75,000 $188,390
2014 -- $263,390 $75,000 $188,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3738920

Canopy MLS (Canopy Realtor® Association)

APN: 8522-70-5402-000