$72,006
SOLD JUN 26, 2017
2 Beds
1 Bath
819 Sq Ft
0.42 Acres

Recently Sold

$88 Per Sq Ft

141 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Fenced Yard
  • Living Area on First Floor
  • Cottage
  • Porch

About This Home

As of December 2023

Cozy summer cabin in Lake Toxaway, NC. Nestled privately in a natural landscape with the National Forest across the street makes this a perfect vacation home. This getaway cottage features hardwood floors, pine paneled walls and stone fireplace as well as a large screened sleeping porch. It offers a wonderful sanctuary away from the everyday stresses of modern life.

Last Agent to Sell the Property

Daniel Seay

Carolina Mountain Brokers Brokerage Phone: 8284210321 License #53078 Listed on: 12/30/2016

Last Buyer's Agent

Daniel Seay

Carolina Mountain Brokers Brokerage Phone: 8284210321 License #53078 Listed on: 12/30/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $381

Year Built

  • Built in 1965

Lot Details

  • 0.42 Acre Lot
  • Fenced Yard

Parking

  • No Garage

Home Design

  • Cottage
  • Rustic Architecture
  • Cabin
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 819 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Window Screens
  • Living Area on First Floor
  • Crawl Space
  • No Kitchen Appliances

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Wood
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Wolf Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8523481554000

Home Details

Home Type

Single Family

Est. Annual Taxes

$381

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.42
  • Road Surface Type: Gravel
  • Ownership: Less than One Year
  • Subdivision Name: Wolf Ridge
  • Directions: From Highlands take 64 E 23 miles where it runs into NC 281 bear left onto 281 go 3.5 miles turn left onto Shelton Rd go 1/2 mile and turn left onto Wolf Ridge Rd go to right onto Coyote Rd to #7 on the left
  • Architectural Style: Cottage, Cabin
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1965
  • Attribution Contact: 8284210321
  • Special Features: 1028

Interior Features

  • Appliances: Electric Water Heater, None
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Stone
  • Fireplace: Yes
  • Flooring: Vinyl, Hardwood
  • Interior Amenities: Main Level Living, Ceiling Fan(s)
  • Living Area: 819
  • Window Features: Screens

Exterior Features

  • Fencing: Fenced Yard
  • Lot Features: None
  • View: No
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Rustic Appearance
  • Patio And Porch Features: Porch
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, None-Carport

Utilities

  • Heating: Wood
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 18295.2
  • Parcel #: 8523481554000
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 381.36
  • Tax Book Number: 771

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Dec 11, 2023
Sold by
Sumner Timothy P and Sumner Claudia T
Bought by
Spurgeon Theron and Spurgeon Rebekah
Seller's Agent
Karl Small
Tryon Horse & Home LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$247,000
Sold Price
$232,500
Premium/Discount to List
-$14,500
-5.87%
Total Days on Market
141
Views
26
Current Estimated Value
$298,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,045
Avg. Annual Appreciation
18.54%

Purchase Details

Listed on
May 18, 2017
Closed on
May 8, 2017
Sold by
Pnc Bank Na
Bought by
Sumner Timothy P
Seller's Agent
Daniel Seay
Carolina Mountain Brokers
Buyer's Agent
Daniel Seay
Carolina Mountain Brokers
List Price
$74,005
Sold Price
$72,006
Premium/Discount to List
-$1,999
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.89%
Original Mortgage
$54,003
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2016
Sold by
Shea Daniel T and Shea Wanda
Bought by
Pnc Bank N A

Purchase Details

Closed on
Sep 1, 1985
Bought by
Shea Daniel T
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $232,500 None Listed On Document
Special Warranty Deed $72,005 Nationallink
Trustee Deed $45,000 None Available
Deed $32,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $54,003 New Conventional
Previous Owner $85,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2023 12/11/23 Sold $232,500 -5.9% $274 / Sq Ft
10/05/2023 10/05/23 For Sale $247,000 +243.0% $292 / Sq Ft
06/26/2017 06/26/17 Sold $72,006 0.0% $88 / Sq Ft
06/26/2017 06/26/17 Sold $72,006 -2.7% $88 / Sq Ft
05/27/2017 05/27/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $74,005 +2.8% $90 / Sq Ft
04/21/2017 04/21/17 Pending -- -- --
01/05/2017 01/05/17 For Sale $72,006 -- $88 / Sq Ft
Source: Carolina Smokies Association 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 $618 $93,940 $25,000 $68,940
2023 $618 $93,940 $25,000 $68,940
2022 $618 $93,940 $25,000 $68,940
2021 $614 $93,940 $25,000 $68,940
2020 $477 $68,480 $0 $0
2019 $473 $68,480 $0 $0
2018 $387 $68,480 $0 $0
2017 $383 $68,480 $0 $0
2016 $381 $68,480 $0 $0
2015 -- $73,780 $20,000 $53,780
2014 -- $73,780 $20,000 $53,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26003890

APN: 8523-48-1554-000