$2,100,000
SOLD JUL 16, 2014
3 Beds
3.5 Baths
4,302 Sq Ft
0.94 Acres

Recently Sold

$488 Per Sq Ft

19% Below List Price

248 Days on Market

Highlights

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

About This Home

As of April 2020

In this magnificent Frank Lloyd Wright inspired lakefront home, every curve of wood,every Tennessee Field Stone wall, every gleaming rafter feels a part of the natural world, drawing the eye to the lake. Sitting on two lots, the presence is breathtaking, offering a big view of Lake Toxaway. Plans for an architectural carport go with the house, and have initial permitting in place.Square footage per appraisal and includes heated and cooled workshop which could easily be converted into 4th bedroom

Co-Listed By

Susan Chambers-Roemisch

Lake Toxaway Company Brokerage Phone: 8289664260

Last Buyer's Agent

Will Heinitsh

Lake Toxaway Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,166

Year Built

  • Built in 2002

Lot Details

  • 0.94 Acre Lot
  • Lake Front

Property Views

  • Lake
  • Mountain

Home Design

  • Shingle Roof
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wired For Sound
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Workshop
  • Screened Porch
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Fireplace

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Shared Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 48R
  • Assessor Parcel Number 8512-93-5794-000

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,166

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.94
  • 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 he main entrance to Lake Toxaway Estates on Hwy 64, proceed on West Club Blvd for approx 1 mile to a group of mailboxes, one with 822. This is the top of a shared drive. The house is the 2nd one, on the right. Block B, Lot 48R.
  • Architectural Style: Craftsman
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2002
  • Attribution Contact: 8289664260
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Double Oven, Dishwasher, Gas Oven, Microwave, Refrigerator
  • Has Basement: Full, Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Outside, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Kitchen Island, Pantry, Walk-In Closet(s), Workshop, Wired for Sound

Exterior Features

  • Pool Features: Community
  • View: Lake, Mountain(s)
  • View: Yes
  • Waterfront Features: Lake, Deeded Access
  • Construction Type: Stone, Wood Siding
  • Foundation Details: Poured
  • Patio And Porch Features: Balcony, Deck, Screened
  • Roof: Shingle, Wood

Garage/Parking

  • Parking Features: Gravel

Utilities

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

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Lake, Marina, Playground, Pool, Tennis Court(s), Water Access
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 40946.4
  • Parcel #: 8512-93-5794-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 9166.0
  • Tax Lot: 48R
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2012
Closed on
Jul 16, 2014
Sold by
Limbird Jon and Limbird Anne
Bought by
Pinckney Family Llc
Buyer's Agent
Will Heinitsh
Lake Toxaway Company
List Price
$2,599,000
Sold Price
$2,100,000
Premium/Discount to List
-$499,000
-19.2%
Total Days on Market
248
Current Estimated Value
$3,976,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,876,941
Avg. Annual Appreciation
6.03%
Original Mortgage
$1,000,000
Interest Rate
4.17%
Mortgage Type
Credit Line Revolving
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 Type Sale Price Title Company
Warranty Deed $2,100,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,180,000 New Conventional
Closed $1,000,000 Credit Line Revolving
Previous Owner $423,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2020 04/06/20 Sold $2,200,000 -20.0% $511 / Sq Ft
03/27/2020 03/27/20 Pending -- -- --
10/02/2019 10/02/19 For Sale $2,750,000 +31.0% $639 / Sq Ft
07/16/2014 07/16/14 Sold $2,100,000 -19.2% $488 / Sq Ft
06/23/2014 06/23/14 Pending -- -- --
10/02/2013 10/02/13 For Sale $2,599,000 -- $604 / 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 $14,322 $2,175,660 $850,000 $1,325,660
2023 $14,322 $2,175,660 $850,000 $1,325,660
2022 $14,322 $2,175,660 $850,000 $1,325,660
2021 $14,214 $2,175,660 $850,000 $1,325,660
2020 $14,688 $2,110,410 $0 $0
2019 $14,583 $2,110,410 $0 $0
2018 $11,932 $2,110,410 $0 $0
2017 $11,690 $2,091,560 $0 $0
2016 $11,648 $2,091,560 $0 $0
2015 $9,166 $2,163,950 $1,250,000 $913,950
2014 $9,166 $2,163,950 $1,250,000 $913,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 78300

APN: 8512-93-5794-000