NOT LISTED FOR SALE

Estimated Value: $913,785 - $1,573,000

3 Beds
3.5 Baths
1,987 Sq Ft
$561/Sq Ft Est. Value

Last Sold July 28, 2021

Last sale price $695,000 $350 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $6,509/month

36 Days on Market

Highlights

  • Golf Course Community
  • Open Floorplan
  • Clubhouse
  • Fitness Center
  • Community Lake
  • Wooded Lot

About This Home

As of July 2021

This Seminole cottage is located on the 11th hole of The Lake Toxaway golf course and is walking distance to the Lake Toxaway Country Club, marina and Greystone Inn. Surrounded by rhododendron with a welcoming front yard the home offers an open floor plan with living, dining, kitchen and Master bedroom all on the main level. The wood burning stone fireplace adds warmth and charm. The large covered porch offers both sitting areas and dining space. There is a golf cart pad underneath the home for parking and ample storage area. The patio is perfect for those family gatherings on cool summer nights. This home has a very strong rental history and is ready for the 2021 season! One of the owners is a NC licensed real estate agent and broker.

Last Agent to Sell the Property

Will Heinitsh

Lake Toxaway Co. License #265116 Listed on: 05/14/2021

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • Wooded Lot

HOA Fees

  • $201 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 8512-98-3042-000
  • Tax Block I

Community Details

Overview

  • Lake Toxaway Community Association, Phone Number (828) 966-9453
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

HOA Fees

$201 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Cottage
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 1390000.00
  • Ratio Current Price By Sq Ft: 349.77
  • Year Built: 1998
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 720
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Disposal, Dryer, Electric Oven, Microwave, Refrigerator, Washer
  • Fireplace Description: Great Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 8289669453
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Cable Available, Cathedral Ceiling(s), Garden Tub, Open Floorplan, Pantry, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1267
  • Total Sq Ft: 1987
  • Sq Ft Unheated Basement: 363
  • Sq Ft Unheated Main: 400
  • Sq Ft Unheated Total: 763

Exterior Features

  • Construction: Shingle, Stone, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway, Golf Cart Garage

Utilities

  • Heating: Central Air, Gas Floor Furnace, Heat Pump - AC
  • Sewer: Septic Installed
  • Water: Shared Well
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Golf Course, Lake, Outdoor Pool, Recreation Area, Security, Tennis Court(s), Walking Trails
  • Association Fee: 2413.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Lake Toxaway Community Association
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Golf Course View, On Golf Course, Wooded
  • Lot Size Area: 0.500
  • Parcel Number: 8512-98-3042-000
  • Plat Book Slide: 19/221
  • Plat Reference Section Pages: 515

Tax Info

  • Tax Value: 430620.00
  • Tax Block: I
  • Tax Location: Transylvania

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jul 27, 2021
Sold by
597 Seminole Llc
Bought by
Fasulo Brian
Seller's Agent
Will Heinitsh
Lake Toxaway Co.
Buyer's Agent
Non Member
Canopy Administration
List Price
$695,000
Sold Price
$695,000
Current Estimated Value
$1,114,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,380
Avg. Annual Appreciation
11.54%

Purchase Details

Listed on
Apr 30, 2018
Closed on
Aug 29, 2019
Sold by
Williams John I and Williams Jennifer O
Bought by
597 Seminole Llc
Seller's Agent
Chip Freeman
Lake Toxaway Co.
Buyer's Agent
Will Heinitsh
Lake Toxaway Co.
List Price
$525,000
Sold Price
$400,000
Premium/Discount to List
-$125,000
-23.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.54%

Purchase Details

Closed on
Jun 27, 2007
Sold by
Mccoy Sandra L
Bought by
Williamsa John I and Williams Jennifer O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,800
Interest Rate
6.75%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Fasulo Brian $695,000 Neumann Law Firm Pllc
597 Seminole Llc $400,000 None Available
Williamsa John I $640,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fasulo Brian $556,000
Previous Owner Williams John I $627,839
Previous Owner Williamsa John I $620,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2021 07/28/21 Sold $695,000 0.0% $350 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $695,000 +73.8% $350 / Sq Ft
08/30/2019 08/30/19 Sold $400,000 -17.5% $211 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
05/22/2019 05/22/19 Price Changed $485,000 -7.6% $256 / Sq Ft
04/30/2018 04/30/18 For Sale $525,000 -- $277 / 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 $2,835 $430,620 $100,000 $330,620
2023 $2,835 $430,620 $100,000 $330,620
2022 $2,835 $430,620 $100,000 $330,620
2021 $2,813 $430,620 $100,000 $330,620
2020 $3,257 $467,900 $0 $0
2019 $3,233 $467,900 $0 $0
2018 $2,646 $467,900 $0 $0
2017 $2,615 $467,900 $0 $0
2016 $2,606 $467,900 $0 $0
2015 $2,699 $637,210 $230,000 $407,210
2014 $2,699 $637,210 $230,000 $407,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3740177

Canopy MLS (Canopy Realtor® Association)

APN: 8512-98-3042-000