NOT LISTED FOR SALE

610 Whetstone Gap Rd Unit 51 Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $483,000 - $943,000

2 Beds
3 Baths
2,234 Sq Ft
$274/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $259,500 $116 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $3,447/month

48 Days on Market

Highlights

  • Spa
  • Cathedral Ceiling
  • Wet Bar
  • Traditional Architecture
  • Porte-Cochere
  • Walk-In Closet

About This Home

As of September 2020

Looking for peace, comfort and serenity with access to the 50,000 acre George’s State Park Right out your back door, water falls and hiking trails? This updated, rustic and charming home nestled in the woods is a 2 bedroom 3 bath equipped with a hot tub, stainless appliances and that mountain touch you have been looking for. This home features an open living area, cathedral ceilings and plenty of space for family or entertaining. Just a short trail walk located behind the home will lead you to the Toxaway Falls and river which can be heard from the back deck. If furnishings are desired just ask.

Last Agent to Sell the Property

Jake Tibstra

Looking Glass Realty, Connestee Falls License #316224 Listed on: 06/07/2020

Last Buyer's Agent

Jake Raines

Petit Properties Inc License #283310

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • Open Lot
  • Many Trees

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • Porte-Cochere

Home Design

  • Traditional Architecture

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Storage Room
  • Pull Down Stairs to Attic

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Spa
  • Fire Pit
  • Shed

Farming

  • Machine Shed

Utilities

  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Whetstone Gap Poa

Listing and Financial Details

  • Assessor Parcel Number 8522-70-4272-000

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.96648
  • Ratio Close Price By Original Li: 0.96648
  • Ratio Current Price By Acre: 576666.67
  • Ratio Current Price By Sq Ft: 116.16
  • Year Built: 1973
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Security System, Washer, Wine Refrigerator
  • Fireplace Description: FAMILYRM, Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Tile
  • Interior Amenities: Attic Stairs Pulldown, Cable Available, Cathedral Ceiling(s), Hot Tub, Pantry, Split BR Plan, Storage Unit, Walk-In Closet(s), Walk-In Pantry, Wet Bar
  • Laundry Location: Basement
  • Room Count: 2
  • Sq Ft Basement: 1122
  • Main Level Sq Ft: 1112
  • Total Sq Ft: 2234

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Fire pit, Hot Tub, Porte-cochere, Satellite Internet Available, Shed(s), Tractor Shed, Wired Internet Available

Garage/Parking

  • Driveway: Concrete
  • Parking: Parking Space - 3

Utilities

  • Heating: Wall Unit - AC
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 250.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Whetstone Gap POA
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: 190x100
  • Lot Features: Long Range View, Mountain View, Open Lot, Trees, Winter View
  • Lot Size Area: 0.450
  • Parcel Number: 8522-70-4272-000
  • Plat Reference Section Pages: 16/279

Tax Info

  • Tax Value: 146590.00
  • Tax Location: Lake Toxaway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2021
Sold by
Lezotte Adam Michael and Lezotte Liliana Villaveces
Bought by
Nettles Brian R and Nettles Georgia
Current Estimated Value
$612,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,100
Outstanding Balance
$180,754
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$443,744

Purchase Details

Listed on
Jun 7, 2020
Closed on
Aug 31, 2020
Sold by
Merchant Jason G
Bought by
Zotte Adam Michael Le and Zotte Liliana Viflaveces
Seller's Agent
Jake Tibstra
Looking Glass Realty, Connestee Falls
Buyer's Agent
Jake Raines
Petit Properties Inc
List Price
$268,500
Sold Price
$259,500
Premium/Discount to List
-$9,000
-3.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.95%
Original Mortgage
$207,600
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2014
Sold by
Fordyce Raymond Boyd and Fordyce Nila M
Bought by
Merchant Jason G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,400
Interest Rate
4.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nettles Brian R $420,000 None Available
Zotte Adam Michael Le $259,500 None Available
Merchant Jason G $146,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nettles Brian R $196,100
Previous Owner Zotte Adam Michael Le $207,600
Previous Owner Merchant Jason G $131,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $259,500 -3.4% $116 / Sq Ft
07/25/2020 07/25/20 Pending -- -- --
06/07/2020 06/07/20 For Sale $268,500 -- $120 / 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
2025 $2,300 $478,760 $30,000 $448,760
2024 $1,735 $263,610 $30,000 $233,610
2023 $1,735 $263,610 $30,000 $233,610
2022 $1,735 $263,610 $30,000 $233,610
2021 $1,682 $263,610 $30,000 $233,610
2020 $1,020 $146,590 $0 $0
2019 $1,013 $146,590 $0 $0
2018 $829 $146,590 $0 $0
2017 $819 $146,590 $0 $0
2016 $816 $146,590 $0 $0
2015 $585 $145,180 $30,000 $115,180
2014 $585 $145,180 $30,000 $115,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3628539

Canopy MLS (Canopy Realtor® Association)

APN: 8522-70-4272-000