NOT LISTED FOR SALE

Estimated Value: $1,115,033 - $2,223,000

3 Beds
3 Baths
3,000 Sq Ft
$475/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $753,000 $251 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $8,464/month

35 Days on Market

Highlights

  • Creek On Lot
  • Wood Flooring
  • Walk-In Closet
  • Ranch Style House
  • Recreation Facilities
  • Breakfast Bar

About This Home

As of May 2021

Imagine the income! This 3/3 + Lake Toxaway golf course home grossed $42,000 in 2020 (details available). Walk or take the golf cart to the close by LT marina and the historic Greystone Inn perched on the banks of North Carolina’s largest and finest private lake. The home is fresh with mountain appeal, private and overlooks the entirety of hole number five of the Lake Toxaway Country Club golf course (membership optional and available). Three bedrooms on the main floor allows the golf cottage (3200+/- sq ft) to accommodate three couples plus scads more space downstairs (media room, office area, overflow room and pub). Superior hand laid rock surrounds the wood burning fireplace on the main with an additional gas fired free standing stove making the downstairs cozy. The 50’ partially covered deck overlooks the golf course below. Granite in kitchen, spacious master with vaulted ceiling and lots of light. Ceramic walk-in shower with frameless glass door. Furnishings negotiable.

Last Agent to Sell the Property

Fred Markert

WNCPROPERTY.COM License #194439 Listed on: 02/25/2021

Last Buyer's Agent

Dave Guest

Lake Toxaway Co. License #220212

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • 2

HOA Fees

  • $208 Monthly HOA Fees

Home Design

  • Ranch Style House

Interior Spaces

  • Wood Burning Fireplace
  • Insulated Windows
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Additional Features

  • Creek On Lot
  • Home fronts a stream
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 8513-50-0783-000
  • Tax Block L

Community Details

Overview

  • Ipm Corp Association, Phone Number (828) 966-9453

Amenities

  • Picnic Area

Recreation

  • Recreation Facilities
  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95437
  • Ratio Close Price By Original Li: 0.95437
  • Ratio Current Price By Acre: 376500.00
  • Ratio Current Price By Sq Ft: 251.00
  • Year Built: 1986
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Block
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Central Vacuum, Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Fireplace Description: Gas Unvented, Wood Burning
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 8289669453
  • Interior Amenities: Breakfast Bar, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Lower
  • Room Count: 1
  • Sq Ft Basement: 1500
  • Main Level Sq Ft: 1500
  • Total Sq Ft: 3000

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Parking: Carport - 1 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Picnic Area, Playground, Recreation Area, Walking Trails
  • Association Fee: 2500.00
  • Association Fee Frequency: Annually
  • HOA Management Company: IPM CORP
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Creekfront, Golf Course View, On Golf Course, Stream/Creek
  • Lot Size Area: 2.000
  • Parcel Number: 8513-50-0783-000
  • Plat Book Slide: F8/850
  • Plat Reference Section Pages: F8/850

Tax Info

  • Tax Value: 453870.00
  • Tax Block: L
  • Tax Location: Transylvania

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
May 6, 2021
Sold by
Wagner Peter and Wagner Diane F
Bought by
Anderson Charles Leonard and Anderson Therine Torrey
Seller's Agent
Fred Markert
WNCPROPERTY.COM
Buyer's Agent
Dave Guest
Lake Toxaway Co.
List Price
$789,000
Sold Price
$753,000
Premium/Discount to List
-$36,000
-4.56%
Total Days on Market
35
Current Estimated Value
$1,425,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$672,508
Avg. Annual Appreciation
14.07%
Original Mortgage
$548,250
Outstanding Balance
$502,099
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$781,219

Purchase Details

Closed on
Sep 1, 1994
Bought by
Wagner Peter and Wagner Diane F
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
Anderson Charles Leonard $753,000 None Available
Wagner Peter $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Charles Leonard $548,250
Previous Owner Wagner Peter J $432,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $753,000 -4.6% $251 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $789,000 -- $263 / 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 $3,053 $453,870 $175,000 $278,870
2023 $3,057 $453,870 $175,000 $278,870
2022 $3,054 $453,870 $175,000 $278,870
2021 $2,965 $453,870 $175,000 $278,870
2020 $3,406 $489,320 $0 $0
2019 $3,381 $489,320 $0 $0
2018 $2,767 $489,320 $0 $0
2017 $2,735 $378,350 $0 $0
2016 $2,107 $378,350 $0 $0
2015 $2,148 $507,010 $230,000 $277,010
2014 $2,148 $507,010 $230,000 $277,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3712149

Canopy MLS (Canopy Realtor® Association)

APN: 8513-50-0783-000