NOT LISTED FOR SALE

Estimated Value: $1,561,000 - $3,998,000

2 Beds
3 Baths
3,686 Sq Ft
$697/Sq Ft Est. Value

Last Sold October 19, 2018

Last sale price $965,000 $262 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $14,933/month

5 Days on Market

Highlights

  • Marina
  • Spa
  • Clubhouse
  • Lake Front
  • Community Lake
  • Deck

About This Home

As of October 2018

Lakefront Chalet located on NC largest private lake. Renovated with new architectural features. A gently sloping lakefront lot located on one of the best coves where children can swim, raft, kayak, paddle board or play on floats without being in danger of boats or large wakes. Located on East Shore Drive with flat paved quiet roads for walking or bicycling. All required living amenities on the main level connected by covered walkway to a three car garage with additional storage. Boathouse connected to the home by skywalk which easily enables for meals or gatherings with direct access to the home. Two beautiful native stone fireplaces, a wet bar, and a therapeutic SPA. Stone patio and fire pit on the waters edge for fun cool evenings on the lake. Wooded lot provides privacy from neighbors. Landscaped for year around flowering enjoyment Membership to Lake Toxaway Country Club available. 5 restaurants within 5 minutes. Medical facility, pharmacy, and shopping at main entrance.

Last Agent to Sell the Property

Will Heinitsh

Lake Toxaway Company Brokerage Phone: 8289664260 Listed on: 08/15/2018

Last Buyer's Agent

John Heinitsh

Lake Toxaway Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,657

Year Built

  • Built in 1981

Lot Details

  • 0.43 Acre Lot
  • Lake Front

Parking

  • 3 Car Garage

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Wet Bar
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Wood Flooring
  • Lake Views
  • Dryer

Kitchen

  • Double Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Fireplace in Basement

Outdoor Features

  • Spa
  • Balcony
  • Deck

Utilities

  • Cooling Available
  • Central Heating
  • Heat Pump System
  • Baseboard Heating
  • Well
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 8522-24-1877-000

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Marina
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,657

Year Built

Built in 1981

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.43
  • Water Body Name: Lake Toxaway
  • Subdivision Name: Lake Toxaway Estates
  • Directions: 730 North East Shore Dr is located .7 miles off US Hwy 64 Just after the LakeToxaway Dam. Hwy 64 runs from Hendersonvile NC to Franklin NC. From Ashveille take I-26 to Hwy- 280 W by the airport to reach Hwy 64 in Brevard and head West. From Greenville take I-26 to Hwy 64 in Hendersonville and head West. From Atlanta take I-85 to SC Hwy-11 to NC Hwy 130 To reach Hwy 64 and head East.
  • Architectural Style: A-Frame
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1981
  • Attribution Contact: 8289664260
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Double Oven, Dryer, Dishwasher, Electric Cooktop, Refrigerator, Washer
  • Has Basement: Partial, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Basement, Insert, Gas Log, Wood Burning, Wood BurningStove
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Wet Bar, Ceiling Fan(s)

Exterior Features

  • Lot Features: Level
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Construction Type: Wood Siding
  • Exterior Features: Balcony
  • Other Structures: Boat House
  • Patio And Porch Features: Rear Porch, Deck, Front Porch, Balcony
  • Roof: Shingle

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Garage, Three Car Garage, Gravel

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Baseboard, Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Lake, Marina, Near National Forest, Playground
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 18730.8
  • Parcel #: 8522-24-1877-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 4657.37
  • Tax Lot: 27
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2018
Closed on
Oct 16, 2018
Sold by
Renka Alexander Roger Allan and Renka Alexander Renee
Bought by
Calrke Ricahrd D and Clarke Suzanne S
Seller's Agent
Will Heinitsh
Lake Toxaway Company
Buyer's Agent
John Heinitsh
Lake Toxaway Company
List Price
$995,000
Sold Price
$965,000
Premium/Discount to List
-$30,000
-3.02%
Total Days on Market
5
Current Estimated Value
$2,570,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,605,348
Avg. Annual Appreciation
15.87%
Original Mortgage
$675,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2016
Sold by
Alexander Roger A and Alexander Renee R
Bought by
Alexander Roger Allan and Alexander Renee Renka

Purchase Details

Closed on
Oct 1, 1990
Bought by
Alexander Roger A and Alexander Renee R
Source: Public Records

Similar Homes in Lake Toxaway, NC

  • 239 Island Point Rd, Lake Toxaway, NC 28747

    $2,750,000

    • 3 Beds
    • 4 Baths
    • 239 Island Point Rd
    • Lake Toxaway, NC

    This 3 bedroom lake home has a lovely view and a great location just off the "Big Lake". Living room on main level has stone fireplace and sliders opening to the deck. The family room below offers extra living and recreation area and walk-out access to the yard. The kitchen was remodeled in 2018. Spacious dining room opens to covered deck. Very light and cheery interiors with great views!

    Kathy Balistreri Balistreri Realty

    Section Image
  • 1048 Cherokee Trace, Lake Toxaway, NC 28747

    $2,795,000

    • 3 Beds
    • 4.5 Baths
    • 2,789 Sq Ft
    • 1048 Cherokee Trace
    • Lake Toxaway, NC

    Located in the prestigious Lake Toxaway Estates, this stunning 3 bedroom, 4.5 bath home offers refined mountain living with sweeping views and a prime golf course location. Built in 2021/22 on 1.2 beautifully landscaped acres, the home enjoys unobstructed views of Lake Toxaway Country Club's 18th green and 10th tee box. Step inside to soaring cathedral ceilings, shiplap accents, and abundant

    Cindy Petit Petit Properties Inc

    Section Image
  • 228 Mills Creek Trace, Lake Toxaway, NC 28747

    $3,125,000

    • 4 Beds
    • 4.5 Baths
    • 228 Mills Creek Trace
    • Lake Toxaway, NC

    Overlooking the scenic 4th hole, this stunning 4-bedroom, 4.5-bath retreat is perfect for entertaining. The heart of the home is the expansive living room featuring a massive native stone fireplace and reclaimed timber trusses. The kitchen boasts stainless appliances, granite countertops, and ample storage space. The main level flows to the screened porch with a second fireplace, offering

    Ross Hyett Lake Toxaway Company

    Section Image
  • 1052 Toxaway Dr, Lake Toxaway, NC 28747

    $2,800,000

    • 4 Beds
    • 4.5 Baths
    • 5,659 Sq Ft
    • 1052 Toxaway Dr
    • Lake Toxaway, NC

    Welcome to your personal mountain oasis in the heart of the Blue Ridge Mountains, where the allure of the 'Land of Waterfalls' connects with a luxury community. This English-cottage meets mountain-lodge residence offers the perfect blend of rustic charm and modern comfort. Perched atop a mountain, it boasts unparalleled long-range views and breathtaking sunrises. Explore nearby hiking trails or

    Toni Ewing Asheville Crafted Real Estate, LLC

    Section Image
  • 355 Doghobble Rd, Lake Toxaway, NC 28747

    $2,200,000

    • 4 Beds
    • 4.5 Baths
    • 3,158 Sq Ft
    • 355 Doghobble Rd
    • Lake Toxaway, NC

    Discover a mountain masterpiece in the exclusive Richland Ridge Conservation Community. This stunning home conceived by Platt Architecture offers breathtaking long-range mountain views from nearly every room. Situated on one of only 25 home sites, this property is surrounded by over 500 acres of permanently protected land & river, ensuring privacy for generations to come. Tastefully curated

    Nancy Witek Allen Tate/Beverly-Hanks Fletcher

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Calrke Ricahrd D $965,000 None Available
Alexander Roger Allan -- None Available
Alexander Roger A $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clarke Richard Douglas $652,330
Closed Calrke Ricahrd D $675,500
Previous Owner Alexander Roger A $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2018 10/19/18 Sold $965,000 -3.0% $262 / Sq Ft
09/28/2018 09/28/18 Pending -- -- --
08/15/2018 08/15/18 For Sale $995,000 -- $270 / 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 $6,881 $1,083,270 $700,000 $383,270
2023 $6,738 $1,068,270 $700,000 $368,270
2022 $7,050 $1,068,270 $700,000 $368,270
2021 $6,433 $981,850 $700,000 $281,850
2020 $5,733 $820,480 $0 $0
2019 $5,691 $820,480 $0 $0
2018 $4,657 $820,480 $0 $0
2017 $4,605 $820,480 $0 $0
2016 $4,589 $820,480 $0 $0
2015 $3,865 $918,960 $700,000 $218,960
2014 $3,865 $918,960 $700,000 $218,960
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 89198

APN: 8522-24-1877-000