NOT LISTED FOR SALE

869 Indian Lake Rd Topton, NC 28781

Estimated Value: $718,000 - $998,000

2 Beds
2.5 Baths
2,016 Sq Ft
$418/Sq Ft Est. Value

Last Sold October 16, 2019

Last sale price $421,000 $209 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,744/month

951 Days on Market

Highlights

  • Lake Front
  • Lake Privileges
  • Wooded Lot
  • Heated Spa
  • Fireplace in Bedroom
  • Vaulted Ceiling

About This Home

As of October 2019

JUST REDUCED - LOG LAKEFRONT CABIN- This is an immaculate 2 bedroom, 2 1/2 bath log cabin has a private dock and is very gentle to lake. The cabin has a beautiful stone fireplace, open large kitchen and dining, two screened porches, master on the main with additional fireplace, one bedroom and additional large bonus room upstairs,and a partially finished basement with lots of space. There is an outdoor shower, fire pit and hot tub. Cabin is completely furnished and ready for you to enjoy. Great cabin at a great price and would make a great rental investment. ONE OF THE BEST CABINS ON THE LAKE AND THE BEST PRICE - TURN KEY!! Located in the cove with deep water!1

Last Agent to Sell the Property

Gay Moore

Nantahala Real Estate License #237297 Listed on: 02/05/2017

Last Buyer's Agent

Gay Moore

Nantahala Real Estate License #237297 Listed on: 02/05/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,773

Year Built

  • Built in 2001

Lot Details

  • 0.83 Acre Lot
  • Lake Front
  • Wooded Lot
  • Property is in excellent condition

Parking

  • Open Parking

Home Design

  • Log Cabin
  • Slab Foundation
  • Wood Walls
  • Composition Roof
  • Log Siding

Interior Spaces

  • 1.5-Story Property
  • Wood Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Great Room with Fireplace
  • Lake Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated Spa
  • Lake Privileges
  • Screened Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Shared Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Property has a Home Owners Association
  • Little Choga Place Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 6505351716

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,773

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence,Residential
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.83
  • Lot Size: .83
  • Water Body Name: Nantahala
  • Subdivision Name: Little Choga Place
  • Directions: Take Little Choga Road to Little Choga Place. Cabin is located at the end of the road - see gate and sign.
  • Architectural Style: Log
  • Unit Levels: One and One Half
  • Year Built: 2001
  • Special Features: VirtualTour

Interior Features

  • Spa Features: Heated
  • Private Spa: Yes
  • Appliances: Electric Water Heater, Trash Compactor, Microwave, Washer, Dishwasher, Range, Refrigerator, Surface Unit, Oven, Dryer
  • Has Basement: Full, Partially Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Masonry, Wood Burning, Great Room, Bedroom
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Interior Amenities: Walk-In Closet(s), Master Downstairs, Vaulted Ceiling(s), Wood Ceiling(s), Ceiling Fan(s), Wood Walls
  • Main Level Bathrooms: 2

Exterior Features

  • Fencing: None
  • Lot Features: Wooded
  • View: Lake, Excellent View
  • View: Yes
  • Waterfront Features: Lake Front, Lake Privileges
  • Waterfront: Yes
  • Construction Type: Log
  • Exterior Features: Other
  • Foundation Details: Slab
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Excellent
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: No Garage, No Carport, Gravel

Utilities

  • Laundry Features: Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump, Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Community, Shared Well

Condo/Co-op/Association

  • Association Fee: 280
  • Association: Yes

Schools

  • Junior High Dist: Nantahala

Lot Info

  • Lot Size Sq Ft: 36154.8
  • Parcel #: 6505351716
  • Zoning Description: Single Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1772.89
  • Tax Lot: 9
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2017
Closed on
Oct 1, 2019
Sold by
Mccarley Kenneth H and Mccarley Ann
Bought by
Latimer Ronald James and Latimer Johanna Dara
Seller's Agent
Gay Moore
Nantahala Real Estate
Buyer's Agent
Gay Moore
Nantahala Real Estate
List Price
$499,000
Sold Price
$421,000
Premium/Discount to List
-$78,000
-15.63%
Current Estimated Value
$841,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$420,807
Avg. Annual Appreciation
13.17%
Original Mortgage
$301,000
Outstanding Balance
$207,944
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$660,404

Purchase Details

Closed on
Apr 22, 1999
Sold by
Mccarley Kenneth H
Bought by
Mccarley Kenneth H
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
Latimer Ronald James $421,000 None Available
Mccarley Kenneth H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Latimer Ronald James $301,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2019 10/16/19 Sold $421,000 -15.6% $209 / Sq Ft
09/16/2019 09/16/19 Pending -- -- --
02/06/2017 02/06/17 For Sale $499,000 -- $248 / Sq Ft
Source: Mountain Lakes 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 -- $570,070 $200,000 $370,070
2023 $1,881 $570,270 $200,000 $370,270
2022 $1,881 $374,800 $150,000 $224,800
2021 $1,881 $376,800 $150,000 $226,800
2020 $1,786 $376,800 $150,000 $226,800
2018 $2,421 $562,690 $300,000 $262,690
2017 $0 $562,690 $300,000 $262,690
2016 $2,412 $560,690 $300,000 $260,690
2015 $2,389 $560,690 $300,000 $260,690
2014 $2,672 $797,440 $400,000 $397,440
2013 -- $797,440 $400,000 $397,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mountain Lakes Board of REALTORS®

MLS Number: 125631

APN: 6505351716