NOT LISTED FOR SALE

Estimated Value: $423,000 - $1,607,003

3 Beds
2 Baths
-- Sq Ft
0.25 Acres

Last Sold September 26, 2022

Last sale price $1,582,500

Est. 24% decrease in value since last sale

Current estimated payment $7,134/month

18 Days on Market

Highlights

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

About This Home

As of September 2022

Wonderful opportunity to purchase lake front property on Lake Toxaway at an unbelievable price. The property features a gentle slope down to the lake and long range views across Lake Toxaway towards "the cut" and views of Lakeside Mountain. Located in a quiet cove with deep water, this original Lake Toxaway home is so well maintained and ready to occupy and/or a great investment property with good rental history in the past. Updates include concrete fiber board on the exterior, metal roof and updated kitchen and baths. There are 2 bedrooms and 1 bath on the main level and a upper level bedroom and bath that makes a nice master. The main living space features a stone fireplace, an open kitchen and living room, breakfast bar and dining area with lovely views towards the lake. The larger than typical 2 car garage is perfect for a workshop, storing lake equipment, or easily finished for extra living space. The cozy screen porch, large deck, and gentle slope down to the lake make the outdoor living space conducive to entertaining as well as exceptional family time. The dock on the lake is accessible by golf cart.

Last Agent to Sell the Property

Cindy Bishop

Lake Toxaway Company Brokerage Phone: 8289664260 Listed on: 08/12/2022

Last Buyer's Agent

Ross Hyett

Lake Toxaway Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,272

Year Built

  • Built in 1977

Lot Details

  • 10,890 Sq Ft Lot
  • Lake Front
  • Lot Has A Rolling Slope

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Mountain

Home Design

  • Metal Roof

Interior Spaces

  • 1.5-Story Property
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Workshop
  • Screened Porch
  • Crawl Space
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Docks
  • Deck
  • Fire Pit

Utilities

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

Listing and Financial Details

  • Tax Lot 6442
  • Assessor Parcel Number 8522286442000

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,272

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.249
  • Water Body Name: Lake Toxaway
  • Subdivision Name: Lake Toxaway Estates
  • Directions: NC 281 to Cold Mountain Road. Second left on Innsbrook at Toxaway Landing Entrance. First right on Toxaway Landing, home at the end of the street on the left.
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1977
  • Attribution Contact: 8289664260
  • Special Features: None

Interior Features

  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Workshop

Exterior Features

  • Lot Features: Level, Partially Cleared, Rolling Slope
  • Pool Features: Community
  • View: Lake, Mountain(s)
  • View: Yes
  • Waterfront Features: Lake
  • Disclosures: Other
  • Construction Type: Fiber Cement
  • Exterior Features: Dock, Fire Pit
  • Patio And Porch Features: Deck, Enclosed, Porch, Screened, Wrap Around
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Two Car Garage, Garage Door Opener, Paved, Parking Lot

Utilities

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

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Lake, Marina, Park, Pool, Putting Green, Tennis Court(s)
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 10890.0
  • Parcel #: 8522286442000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 4272.0
  • Tax Lot: 6442
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2022
Closed on
Sep 1, 2022
Sold by
Jeanne Young Foster Trust
Bought by
Roe Robert K and Roe Karen A
Seller's Agent
Cindy Bishop
Lake Toxaway Company
Buyer's Agent
Ross Hyett
Lake Toxaway Company
List Price
$1,350,000
Sold Price
$1,582,500
Premium/Discount to List
$232,500
17.22%
Total Days on Market
18
Current Estimated Value
$1,203,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$378,999
Avg. Annual Appreciation
-9.71%

Purchase Details

Closed on
Oct 2, 2015
Sold by
Foster Jeanne Y
Bought by
Foster Jeanne Young and Jeanne Young Foster Trust

Purchase Details

Closed on
Aug 1, 1996
Bought by
Foster Robert H and Foster Jeanne Y
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
Roe Robert K -- --
Foster Jeanne Young -- None Available
Foster Robert H -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2022 09/26/22 Sold $1,582,500 +17.2% --
09/01/2022 09/01/22 Pending -- -- --
08/13/2022 08/13/22 For Sale $1,350,000 -- --
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 $4,535 $688,900 $500,000 $188,900
2023 $4,272 $648,970 $500,000 $148,970
2022 $4,272 $648,970 $500,000 $148,970
2021 $4,240 $648,970 $500,000 $148,970
2020 $5,091 $731,530 $0 $0
2019 $5,055 $731,530 $0 $0
2018 $4,136 $731,530 $0 $0
2017 $4,089 $731,530 $0 $0
2016 $4,074 $731,530 $0 $0
2015 -- $857,490 $750,000 $107,490
2014 -- $857,490 $750,000 $107,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 100608

APN: 8522-28-6442-000