NOT LISTED FOR SALE

626 W Club Blvd Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $2,418,337 - $3,114,000

3 Beds
5 Baths
7,200 Sq Ft
$394/Sq Ft Est. Value

Last Sold December 20, 2017

Last sale price $965,000 $134 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $15,360/month

511 Days on Market

Highlights

  • Marina
  • Docks
  • Fitness Center
  • Lake Front
  • Golf Course Community
  • Community Lake

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 three bedrooms, five 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 to add a few bunks, and have an additional area for overflow. Outside you will find an inviting covered porch overlooking a small landscaped trout pond with the lake beyond. A path will take you through the garden to a grassy yard with a lakeside fire pit next to the dock and boathouse. The home is located on North Carolina's largest private lake and adjacent to Panthertown Valley National Forest with over 6,000 acres of waterfalls and trails to explore. Membership to Lake Toxaway Country Club is available subject to membership application approval.

Last Agent to Sell the Property

Chip Freeman

Lake Toxaway Company Brokerage Phone: 8289664260 Listed on: 05/10/2016

Last Buyer's Agent

Chip Freeman

Lake Toxaway Company Brokerage Phone: 8289664260 Listed on: 05/10/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,740

Year Built

  • Built in 1978

Lot Details

  • 1.06 Acre Lot
  • Lake Front
  • Cleared Lot
  • Garden

Parking

  • Attached Garage

Property Views

  • Lake
  • Pond

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Full Bathrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement

Outdoor Features

  • Docks
  • Covered Patio or Porch
  • Fire Pit

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 8512-92-9823-000

Community Details

Overview

  • Property has a Home Owners Association
  • Lake Toxaway Estates Subdivision
  • Community Lake

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,740

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.06
  • Water Body Name: Lake Toxaway
  • Subdivision Name: Lake Toxaway Estates
  • Directions: From Hwy 64 enter into main entrance of Lake Toxaway Estates. Home on right approx .7 mile. Shared Driveway, second home.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1978
  • Attribution Contact: 8289664260
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Oven, Freezer, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Finished, Heated, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Breakfast Bar, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Cleared, Pond on Lot
  • Pool Features: Community
  • View: Lake, Pond
  • View: Yes
  • Waterfront Features: Lake
  • Construction Type: Wood Siding
  • Exterior Features: Dock, Fire Pit, Garden
  • Foundation Details: Block
  • Patio And Porch Features: Rear Porch, Covered
  • Roof: Shingle

Garage/Parking

  • Parking Features: Attached, Concrete

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Fitness Center, Golf, Lake, Marina, Playground, Pool, Trails/Paths
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 46173.6
  • Parcel #: 8512-92-9823-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 5740.0
  • Tax Lot: 39
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 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 Company
Buyer's Agent
Chip Freeman
Lake Toxaway Company
List Price
$1,150,000
Sold Price
$965,000
Premium/Discount to List
-$185,000
-16.09%
Current Estimated Value
$2,694,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,729,812
Avg. Annual Appreciation
13.87%
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
May 10, 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 Company
Buyer's Agent
Chip Freeman
Lake Toxaway Company
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

Range of Values:

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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
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% $134 / Sq Ft
12/02/2017 12/02/17 Pending -- -- --
05/10/2016 05/10/16 For Sale $1,150,000 -- $160 / Sq Ft
Source: Highlands-Cashiers Board of REALTORS®

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

  • Chip Freeman

    Seller's Agent in 2017

    Chip Freeman

    Lake Toxaway Company

    (828) 712-6446

    48 in this area

    51 Total Sales

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 83838

APN: 8512-92-9823-000

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

626 W Club Blvd, Lake Toxaway, NC

This home is located at 626 W Club Blvd, Lake Toxaway, NC 28747 since 10 May 2016 and is currently estimated at $2,837,446, approximately $394 per square foot. This property was built in 1978. 626 W Club Blvd is a home located in Transylvania County.

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