NOT LISTED FOR SALE

68 Toxaway Point Unit 3 Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $564,000 - $1,096,000

2 Beds
2 Baths
-- Sq Ft
$388/mo HOA Fee

Last Sold April 13, 2021

Last sale price $320,000

Est. 138% increase in value since last sale

Current estimated payment $4,840/month

601 Days on Market

Highlights

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

About This Home

As of April 2021

Condominium Living on Historic Lake Toxaway. This two bedroom, two bath, 1200 square foot getaway is priced to sell! Native stone wood burning fireplace for those cozy nights. Dock space for boat directly in front of Condominium. Huge Lake and Mountain View. Great way to get on the lake at an affordable price. Tennis court and in-ground swimming pool in Toxaway Point.

Last Agent to Sell the Property

Ross Hyett

Lake Toxaway Company Brokerage Phone: 8289664260 Listed on: 06/22/2019

Last Buyer's Agent

Andrea Hamilton

Lake Toxaway Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,228

Year Built

  • Built in 1975

Lot Details

  • Lake Front
  • Lot Has A Rolling Slope
  • Cleared Lot

HOA Fees

  • $388 Monthly HOA Fees

Property Views

  • Lake
  • Mountain

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Stone Fireplace
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Carpet
  • Dryer

Kitchen

  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Docks
  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Shared Well
  • Septic Tank
  • Shared Septic

Listing and Financial Details

  • Assessor Parcel Number 8522-45-2822-418

Community Details

Overview

  • Lake Toxaway Estates Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Putting Green

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,228

Year Built

Built in 1975

Lot Details

0

HOA Fees

$388 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Water Body Name: Lake Toxaway
  • Subdivision Name: Lake Toxaway Estates
  • Directions: Hwy 64 to Blue Ridge Road (Hwy 281N)to Toxaway Point. Pass the tennis court go straight up hill and Bldg C, Unit 3 is directly in front of you.
  • Architectural Style: Traditional
  • Building Name: Toxaway Point
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1975
  • Attribution Contact: 8289664260
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Masonry, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Breakfast Bar

Exterior Features

  • Lot Features: Cleared, Rolling Slope
  • Pool Features: Community
  • View: Lake, Mountain(s)
  • View: Yes
  • Waterfront Features: Lake
  • Construction Type: Wood Siding
  • Exterior Features: Dock
  • Foundation Details: Slab
  • Patio And Porch Features: Rear Porch, Patio
  • Roof: Shingle

Garage/Parking

  • Parking Features: None, Paved

Utilities

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

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Lake, Marina, Playground, Pool, Putting Green, Tennis Court(s), Trails/Paths
  • Association Fee: 4660.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 8522-45-2822-418

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 2228.07
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2019
Closed on
Apr 9, 2021
Sold by
Silverstein Louise T Chapin and Revocable Trust Of Catherine W
Bought by
Black Lance Edward
Seller's Agent
Ross Hyett
Lake Toxaway Company
Buyer's Agent
Andrea Hamilton
Lake Toxaway Company
List Price
$349,000
Sold Price
$320,000
Premium/Discount to List
-$29,000
-8.31%
Total Days on Market
601
Current Estimated Value
$762,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,550
Avg. Annual Appreciation
23.34%
Original Mortgage
$240,000
Outstanding Balance
$217,394
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$545,156

Purchase Details

Closed on
May 1, 1987
Bought by
Chapin Louise T Trustee
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
Black Lance Edward $320,000 None Available
Chapin Louise T Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Lance Edward $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2021 04/13/21 Sold $320,000 -8.3% --
03/30/2021 03/30/21 Pending -- -- --
06/22/2019 06/22/19 For Sale $349,000 -- --
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 $2,051 $311,530 $115,000 $196,530
2023 $2,051 $311,530 $115,000 $196,530
2022 $2,051 $311,530 $115,000 $196,530
2021 $2,035 $311,530 $115,000 $196,530
2020 $2,743 $394,070 $0 $0
2019 $2,723 $394,070 $0 $0
2018 $2,228 $394,070 $0 $0
2017 $2,202 $394,070 $0 $0
2016 $2,195 $394,070 $0 $0
2015 -- $406,290 $300,000 $106,290
2014 -- $406,290 $300,000 $106,290
Source: Public Records

Agents Affiliated with this Home

  • Ross Hyett

    Seller's Agent in 2021

    Ross Hyett

    Lake Toxaway Company

    (828) 553-0411

    78 in this area

    82 Total Sales

    Ross Hyett
    Section Image
  • Andrea Hamilton

    Buyer's Agent in 2021

    Andrea Hamilton

    Lake Toxaway Company

    (828) 507-6134

    17 in this area

    26 Total Sales

    Andrea Hamilton
    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 91304

APN: 8522-45-2822-418

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

68 Toxaway Point Unit 3, Lake Toxaway, NC

This home is located at 68 Toxaway Point Unit 3, Lake Toxaway, NC 28747 since 22 June 2019 and is currently estimated at $762,550. This property was built in 1975. 68 Toxaway Point Unit 3 is a home located in Transylvania County.

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