NOT LISTED FOR SALE

781 Chestnut Trace Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $802,305

3 Beds
2.5 Baths
2,019 Sq Ft
$397/Sq Ft Est. Value

Last Sold September 14, 2021

Last sale price $650,000 $322 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,727/month

34 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Cottage
  • Deck
  • Main Floor Primary Bedroom
  • Attached Garage

About This Home

As of September 2021

Charming home perched on the hillside of Chestnut Trace with spectacular year round mountain views. A beautiful stone wall encompasses the exterior of this three bedroom home, and the adjoining lot provides additional privacy. This home comes mostly furnished! Close to the club amenities, yet private and peaceful. Country club amenities available through approved application. Enjoy the cool mountain breezes of North Carolina's largest private lake and beautiful waterfalls and hiking nearby.

Last Agent to Sell the Property

Mo Mitchell

Lake Toxaway Company Brokerage Phone: 8289664260 Listed on: 06/24/2021

Co-Listed By

Mish Nichols

Lake Toxaway Company Brokerage Phone: 8289664260

Last Buyer's Agent

Ross Hyett

Lake Toxaway Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,687

Year Built

  • Built in 1990

Lot Details

  • 1.59

Parking

  • Attached Garage

Home Design

  • Cottage
  • Shingle Roof

Interior Spaces

  • Partially Furnished
  • Ceiling Fan
  • Stone Fireplace
  • Mountain Views
  • Unfinished Basement
  • Interior and Exterior Basement Entry
  • Laundry on main level

Kitchen

  • Electric Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Tax Lot 9 & 11
  • Assessor Parcel Number 8512689120,8512689288

Community Details

Overview

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

Amenities

  • Picnic Area
  • Community Pavilion

Recreation

  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,687

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Other
  • Lot Size: .667 & .925
  • Water Body Name: Lake Toxaway
  • Co List Office Mls Id: 258
  • Co List Office Phone: 828-966-4260
  • Subdivision Name: Lake Toxaway Estates
  • Directions: From Brevard-head up Hwy 64, turn right on to Blue Ridge Road, turn left onto Cold Mtn Rd, slight left onto North Club, turn left to stay on North Club, turn right onto Fairway Dr., turn left onto Chestnut Trace, look for double mailboxes on the right, turn right and 1st house on the right.
  • Architectural Style: Cottage/Bungalow
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1990
  • Kitchen Level: Main
  • Attribution Contact: 8289664260
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Appliances: Oven/Range-Electric, Dishwasher, Freezer, Microwave, Refrigerator
  • Has Basement: Interior Entry, Exterior Entry, Unfinished, Garage Door
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Stone
  • Fireplace: Yes
  • Flooring: Carpet, Wood, Tile
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Main Level Bedrooms: 1
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Upper
  • Room Bedroom2 Level: Upper
  • Room Family Room Level: Main
  • Dining Room Dining Room Level: Main

Exterior Features

  • Lot Features: Partially Cleared
  • View: Long, Mountain(s), Year Round
  • View: Yes
  • Exterior Features: None
  • Patio And Porch Features: Back, Deck
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Stone, Attached

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Walking/Bike Trails, Adjoins National Forest, Pavilion, Lake/Pond, Picnic Area, Playground
  • Association: Yes

Lot Info

  • Farm Land Area Units: Square Feet
  • Parcel #: 8512689120,8512689288
  • Zoning: No

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 3687.48
  • Tax Lot: 9 & 11
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Aug 26, 2021
Sold by
Berlanga Jose A and Kinnibrugh Polly A
Bought by
Harris Joshua A and Harris Ana V
Seller's Agent
Mo Mitchell
Lake Toxaway Company
Buyer's Agent
Ross Hyett
Lake Toxaway Company
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$802,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,305
Avg. Annual Appreciation
5.20%
Original Mortgage
$520,000
Outstanding Balance
$478,288
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$313,710

Purchase Details

Closed on
Nov 5, 2007
Sold by
Mantle Robert Leo and Mantle Jean Lowry
Bought by
Berlanga Jose A and Kinnibrugh Polly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 1, 1985
Bought by
Berlanga Jose A
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Harris Joshua A $650,000 First American Mortgage Sln
Berlanga Jose A $635,000 None Available
Berlanga Jose A $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Joshua A $520,000
Previous Owner Berlanga Jose A $368,400
Previous Owner Kinnibrugh Polly A $417,000
Previous Owner Berlanga Jose A $508,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2021 09/14/21 Sold $650,000 0.0% $322 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
06/26/2021 06/26/21 For Sale $650,000 -- $322 / 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 $3,555 $539,150 $80,000 $459,150
2023 $3,553 $539,150 $80,000 $459,150
2022 $3,002 $456,050 $80,000 $376,050
2021 $2,979 $456,050 $80,000 $376,050
2020 $3,186 $457,810 $0 $0
2019 $3,163 $457,810 $0 $0
2018 $2,588 $457,810 $0 $0
2017 $2,559 $457,810 $0 $0
2016 $2,550 $457,810 $0 $0
2015 -- $633,280 $125,000 $508,280
2014 -- $633,280 $125,000 $508,280
Source: Public Records

Agents Affiliated with this Home

  • Mo Mitchell

    Seller's Agent in 2021

    Mo Mitchell

    Lake Toxaway Company

    (828) 553-3319

    74 in this area

    74 Total Sales

    Section Image
  • Mish Nichols

    Seller Co-Listing Agent in 2021

    Mish Nichols

    Lake Toxaway Company

    (704) 576-5511

    65 in this area

    67 Total Sales

    Section Image
  • Ross Hyett

    Buyer's Agent in 2021

    Ross Hyett

    Lake Toxaway Company

    (828) 553-0411

    77 in this area

    81 Total Sales

    Section Image
  • Andrea Hamilton

    Buyer Co-Listing Agent in 2021

    Andrea Hamilton

    Lake Toxaway Company

    (828) 507-6134

    14 in this area

    22 Total Sales

    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 96867

APN: 8512-68-9120-000

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

781 Chestnut Trace, Lake Toxaway, NC

This home is located at 781 Chestnut Trace, Lake Toxaway, NC 28747 since 24 June 2021 and is currently estimated at $802,305, approximately $397 per square foot. This property was built in 1990. 781 Chestnut Trace is a home located in Transylvania County.

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