NOT LISTED FOR SALE

Estimated Value: $2,277,080 - $3,048,000

3 Beds
5 Baths
2,799 Sq Ft
$931/Sq Ft Est. Value

Last Sold December 20, 2017

Last sale price $965,000 $345 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $15,415/month

394 Days on Market

Highlights

  • Golf Course Community
  • Waterfront
  • Clubhouse
  • Fitness Center
  • Community Lake
  • Private Lot

About This Home

As of December 2017

This charming lakefront cottage is located on an outstanding lot with wide open views of Lake Toxaway. The home features 3 bedrooms, 5 bathrooms, large entertainment room with stone fireplace, dining area and plenty of space to pack in a large family. The spacious master suite features a his and her bath and overlooks the lake. Downstairs is a perfect place for guest overflow. Outside you will find an inviting covered porch overlooking a small landscaped trout pond with the lake beyond.

Last Agent to Sell the Property

Chip Freeman

Lake Toxaway Co. License #85712 Listed on: 09/04/2016

Last Buyer's Agent

Chip Freeman

Lake Toxaway Co. License #85712 Listed on: 09/04/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • Waterfront
  • Private Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • Attached Garage

Interior Spaces

  • 5 Full Bathrooms
  • Wood Burning Fireplace
  • Wood Flooring

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number 8512-92-9823-000
  • Tax Block B

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

HOA Fees

$180 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.83913
  • Ratio Close Price By Original Li: 0.83913
  • Ratio Current Price By Acre: 910377.36
  • Ratio Current Price By Sq Ft: 344.77
  • Year Built: 1978
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished, Block
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Total Bedrooms: 3
  • Equipment: Disposal, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Freezer, Electric Oven
  • Fireplace Description: Wood Burning
  • Fireplace: Yes
  • Flooring: Wood
  • H O A Management Phone: 8289669453
  • Laundry Location: Basement
  • Room Count: 1
  • Sq Ft Additional: 576
  • Sq Ft Basement: 850
  • Main Level Sq Ft: 1949
  • Total Sq Ft: 2799
  • Sq Ft Unheated Lower: 576
  • Sq Ft Unheated Total: 576

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Boat Ramp, Club House, Fitness Center, Golf Course, Lake, Playground, Outdoor Pool, Security, Walking Trails
  • Association Fee: 2164.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Lake Toxaway Community Association
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Mountain View, Waterfront, Water view, Lake Access, Lake, Private, Trees, Views, Wooded, Year Round View
  • Lot Size Area: 1.060
  • Parcel Number: 8512-92-9823-000

Tax Info

  • Tax Value: 1022660.00
  • Tax Amount Ncm: 5400.00
  • Tax Block: B
  • Tax Location: Transylvania

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2016
Closed on
Dec 15, 2017
Sold by
Gerhardt Kathryn M and King Gene K
Bought by
Goldsmith Manning G and Goldsmith Ruth H
Seller's Agent
Chip Freeman
Lake Toxaway Co.
Buyer's Agent
Chip Freeman
Lake Toxaway Co.
List Price
$1,150,000
Sold Price
$965,000
Premium/Discount to List
-$185,000
-16.09%
Total Days on Market
394
Current Estimated Value
$2,606,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,641,027
Avg. Annual Appreciation
14.24%
Original Mortgage
$772,000
Outstanding Balance
$658,465
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,947,562

Purchase Details

Listed on
Sep 4, 2016
Closed on
Nov 17, 2017
Sold by
King Gene K and King Susan M
Bought by
King Gene K
Seller's Agent
Chip Freeman
Lake Toxaway Co.
Buyer's Agent
Chip Freeman
Lake Toxaway Co.
List Price
$1,150,000
Sold Price
$965,000
Premium/Discount to List
-$185,000
-16.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$772,000
Outstanding Balance
$658,465
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,947,562

Purchase Details

Closed on
Dec 29, 2004
Sold by
Mcafee Stanley Ketron and Mcafee John Cordon
Bought by
Gerthardt A W and Gerhardt Kathryn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving
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
Goldsmith Manning G $965,000 None Available
King Gene K -- None Available
Gerthardt A W $1,085,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goldsmith Manning G $772,000
Previous Owner Gerhardt Ai W $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2017 12/20/17 Sold $965,000 -16.1% $345 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
09/04/2016 09/04/16 For Sale $1,150,000 -- $411 / 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 $7,275 $1,102,050 $800,000 $302,050
2023 $7,276 $1,102,050 $800,000 $302,050
2022 $7,278 $1,102,050 $800,000 $302,050
2021 $7,200 $1,102,050 $800,000 $302,050
2020 $7,118 $1,022,660 $0 $0
2019 $7,067 $1,022,660 $0 $0
2018 $5,782 $1,022,660 $0 $0
2017 $5,773 $1,022,660 $0 $0
2016 $5,754 $1,022,660 $0 $0
2015 $4,963 $1,170,030 $1,000,000 $170,030
2014 $4,963 $1,170,030 $1,000,000 $170,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3212899

Canopy MLS (Canopy Realtor® Association)

APN: 8512-92-9823-000