84 Summit Ridge Rd Unit 28 Lake Toxaway, NC 28747
Lake Toxaway NeighborhoodEstimated Value: $1,704,024
4
Beds
3
Baths
3,188
Sq Ft
$535/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Open Floorplan
- Clubhouse
- Fitness Center
- Community Lake
- Hilly Lot
About This Home
As of June 2021This cottage style house at 4,300' elevation is in immaculate condition. Located on a dead end street walking distance from the Southern Highlands Reserve and only a very short distance from Panthertown Valley Wilderness area. The view is of multiple mountain ranges and rock faces looking out 40 miles including the Balsam Range of 5,000 ft peaks often snow covered in the winter. This is the ideal mountain house with 4 bedrooms and an additional office. All the rooms look at the view except the laundry room and one bedroom. Renown architect Norman Askins was in charge of a remodel several years ago. The porches are open and one area is covered and screened. It has a two car carport attached to the house by a covered walkway which is so necessary in our semi-rain forest environment. The rooms are spacious and located on the main level except for one bedroom and the office. There are two great rooms with the one on the lower level which is ideal as a man cave.
Last Agent to Sell the Property
Jerry Starr
Lake Toxaway Co. License #52035 Listed on: 02/08/2021
Home Details
Home Type
- Single Family
Year Built
- Built in 1999
Lot Details
- 1.07
HOA Fees
- $201 Monthly HOA Fees
Parking
- Attached Garage
Home Design
- Traditional Architecture
Interior Spaces
- 3 Full Bathrooms
- Open Floorplan
- Cathedral Ceiling
- Wood Burning Fireplace
- Insulated Windows
Kitchen
- Breakfast Bar
- Kitchen Island
Flooring
- Wood
- Tile
Additional Features
- Hilly Lot
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 8512-29-4147-000
- Tax Block IV
Community Details
Overview
- Lake Toxaway Comunity Association, Phone Number (828) 966-9453
- Built by Heinitsh
- Community Lake
Amenities
- Picnic Area
- Clubhouse
Recreation
- Golf Course Community
- Tennis Courts
- Sport Court
- Indoor Game Court
- Community Playground
- Fitness Center
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 8, 2021
Closed on
Jun 4, 2021
Sold by
Benedict Mary F and Benedict Thomas C
Bought by
Mcartor T Allan
Seller's Agent
Jerry Starr
Lake Toxaway Co.
Buyer's Agent
Chip Freeman
Lake Toxaway Co.
List Price
$1,335,000
Sold Price
$1,300,000
Premium/Discount to List
-$35,000
-2.62%
Total Days on Market
82
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,024
Avg. Annual Appreciation
7.05%
Purchase Details
Closed on
Aug 27, 2019
Sold by
Horten Nova B and Horten Michael R
Bought by
Benedict Mary F
Purchase Details
Closed on
Jul 19, 2011
Sold by
Horton Michael R and Horton Nova B
Bought by
Horten Michael R and Horten Nova B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,000
Interest Rate
4.52%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 1, 1991
Bought by
Horten Michael R and Horten Nova B
Similar Homes in Lake Toxaway, NC
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcartor T Allan | $1,300,000 | None Available | |
| Benedict Mary F | $835,000 | None Available | |
| Horten Michael R | -- | None Available | |
| Horten Michael R | $50,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Horten Michael R | $234,000 | |
| Previous Owner | Horten Michael R | $411,000 | |
| Previous Owner | Horten Michael R | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/15/2021 06/15/21 | Sold | $1,300,000 | -2.6% | $408 / Sq Ft |
| 05/01/2021 05/01/21 | Pending | -- | -- | -- |
| 02/08/2021 02/08/21 | For Sale | $1,335,000 | -- | $419 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $5,386 | $818,170 | $200,000 | $618,170 |
| 2023 | $5,386 | $818,170 | $200,000 | $618,170 |
| 2022 | $5,287 | $803,170 | $200,000 | $603,170 |
| 2021 | $5,247 | $803,170 | $200,000 | $603,170 |
| 2020 | $4,000 | $574,740 | $0 | $0 |
| 2019 | $3,971 | $574,740 | $0 | $0 |
| 2018 | $3,250 | $574,740 | $0 | $0 |
| 2017 | $3,212 | $574,740 | $0 | $0 |
| 2016 | $3,201 | $574,740 | $0 | $0 |
| 2015 | -- | $701,500 | $180,000 | $521,500 |
| 2014 | -- | $701,500 | $180,000 | $521,500 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2021
Jerry Starr
Lake Toxaway Co.
-
Chip Freeman
Buyer's Agent in 2021
Chip Freeman
Lake Toxaway Co.
(828) 712-6446
50 in this area
53 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3701441
APN: 8512-29-4147-000
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