589 Summit Ridge Rd Lake Toxaway, NC 28747
Lake Toxaway Neighborhood
4
Beds
6
Baths
5,095
Sq Ft
2.29
Acres
Highlights
- Water Views
- Circular Driveway
- 1-Story Property
- Fireplace in Primary Bedroom
- Laundry Room
- Forced Air Heating and Cooling System
About This Home
As of April 2025For Comp purposes only.
Last Agent to Sell the Property
Lake Toxaway Co. Brokerage Email: cfree@laketoxaway.com License #85712 Listed on: 01/25/2025
Last Buyer's Agent
Lake Toxaway Co. Brokerage Email: cfree@laketoxaway.com License #85712 Listed on: 01/25/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,805
Year Built
- Built in 1994
HOA Fees
- $441 Monthly HOA Fees
Parking
- 2 Car Garage
- Circular Driveway
Property Views
- Water
- Mountain
Home Design
- Wood Siding
Interior Spaces
- 1-Story Property
- Living Room with Fireplace
Kitchen
- Oven
- Gas Cooktop
- Range Hood
- Dishwasher
Bedrooms and Bathrooms
- Fireplace in Primary Bedroom
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Interior Basement Entry
- Crawl Space
Outdoor Features
- Fireplace in Patio
- Outdoor Fireplace
Utilities
- Forced Air Heating and Cooling System
- Septic Tank
- Cable TV Available
Community Details
- Ltca Association, Phone Number (828) 966-9453
- Lake Toxaway Estates Subdivision
- Mandatory home owners association
Listing and Financial Details
- Assessor Parcel Number 8512-27-0721-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 25, 2025
Closed on
Apr 23, 2025
Sold by
Balentine North Carolina Residence Trust and Balentine Nancy G
Bought by
Huffman Timothy C
Seller's Agent
Chip Freeman
Lake Toxaway Co.
Buyer's Agent
Chip Freeman
Lake Toxaway Co.
List Price
$3,200,000
Sold Price
$3,200,000
Total Days on Market
0
Views
3
Purchase Details
Closed on
Oct 27, 2016
Sold by
Balentine Robert M
Bought by
Balentine Nancy G and Item Iv Trust Under Balentine North Caro
Purchase Details
Closed on
Apr 1, 1993
Bought by
Balentine Robert M Jr Trustee
Similar Homes in Lake Toxaway, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,200,000 | None Listed On Document | |
| Special Warranty Deed | -- | None Available | |
| Deed | $435,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $500,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2025 04/25/25 | Sold | $3,200,000 | 0.0% | $628 / Sq Ft |
| 01/25/2025 01/25/25 | Pending | -- | -- | -- |
| 01/25/2025 01/25/25 | For Sale | $3,200,000 | -- | $628 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $12,805 | $1,945,100 | $375,000 | $1,570,100 |
| 2023 | $12,805 | $1,945,100 | $375,000 | $1,570,100 |
| 2022 | $12,805 | $1,945,100 | $375,000 | $1,570,100 |
| 2021 | $12,707 | $1,945,100 | $375,000 | $1,570,100 |
| 2020 | $13,720 | $1,996,200 | $0 | $0 |
| 2019 | $13,794 | $1,996,200 | $0 | $0 |
| 2018 | $11,287 | $1,996,200 | $0 | $0 |
| 2017 | $11,157 | $1,996,200 | $0 | $0 |
| 2016 | $11,117 | $1,996,200 | $0 | $0 |
| 2015 | $9,876 | $2,331,380 | $750,000 | $1,581,380 |
| 2014 | $9,876 | $2,331,380 | $750,000 | $1,581,380 |
Source: Public Records
Agents Affiliated with this Home
-
Chip Freeman
Seller's Agent in 2025
Chip Freeman
Lake Toxaway Co.
(828) 712-6446
50 in this area
53 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4252181
APN: 8512-27-0721-000
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