$1,785,000
SOLD NOV 1, 2024
3 Beds
3 Baths
2,007 Sq Ft
4.32 Acres

Recently Sold

$889 Per Sq Ft

21% Below List Price

418 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Cape Cod Architecture
  • Access To Lake
  • Waterfront
  • Clubhouse

About This Home

As of November 2024

Absolutely charming, substantially renovated, 3 BR, 3 BA lakefront home situated on a 4.32+/- acre double lot on Lake Cardinal. This home was recently renovated including a new roof, hardwood floors throughout, interior paint, new plumbing, and many other enhancements. Located just minutes from the club and all amenities at Lake Toxaway Estates, this very special property offers extensive outdoor entertaining space and privacy with a rare opportunity to own two lakefront lots. This home is a must see!

Last Agent to Sell the Property

Art Fisher

Fisher Realty - 10 Park Place Brokerage Email: artfisher@fisherrealtync.com License #169780 Listed on: 07/18/2023

Last Buyer's Agent

John Heinitsh

Lake Toxaway Co. License #39648

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,150

Year Built

  • Built in 1988

Lot Details

  • Waterfront
  • Private Lot
  • Wooded Lot

HOA Fees

  • $418 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • 2 Open Parking Spaces

Property Views

  • Water
  • Mountain

Home Design

  • Cape Cod Architecture
  • Rustic Architecture
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Wired For Data
  • Wood Burning Fireplace
  • Insulated Windows
  • French Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Screened Porch
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Crawl Space

Outdoor Features

  • Access To Lake
  • Deck

Schools

  • T.C. Henderson Elementary School
  • Rosman Middle School
  • Rosman High School

Utilities

  • Heat Pump System
  • Underground Utilities
  • Septic Tank
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 8513-52-2554-000

Community Details

Overview

  • Ipm Corporation Association, Phone Number (828) 966-9453
  • Lake Toxaway Estates Subdivision

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Sport Court
  • Indoor Game Court
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Putting Green
  • Dog Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,150

Year Built

Built in 1988

Lot Details

0

HOA Fees

$418 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape Cod, Rustic
  • Year Built: 1988
  • Restrictions: Architectural Review,Building,Deed,Livestock Restriction,Manufactured Home Not Allowed,Modular Not Allowed,Short Term Rental Allowed,Square Feet,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: Deed & Subdivision
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 889.39
  • Geocode Confidence: High
  • Attribution Contact: artfisher@fisherrealtync.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Other - See Remarks
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Breakfast Bar, Cable Prewire, Entrance Foyer, Pantry, Storage, Other - See Remarks
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1283
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1287
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1287
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 724
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 2007
  • Has Basement: Basement Garage Door, Partial, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: French Doors, Insulated Door(s)
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 2007
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Room Count: 10

Exterior Features

  • Exterior Features: Other - See Remarks
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Pool Features: Outdoor Pool – Community
  • View: Mountain(s), Water, Year Round
  • Water Body Name: Lake Cardinal
  • Waterfront Features: Dock
  • Waterfront Elevation: 3000
  • Construction Type: Wood
  • Other Structures: None
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch, Screened, Side Porch, Other - See Remarks

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Garage, Other - See Remarks

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Main Level, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Heat Pump
  • Utilities: Cable Available, Electricity Connected, Fiber Optics, Phone Connected, Satellite Internet Available, Underground Power Lines, Underground Utilities, Wired Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Dog Park, Fitness Center, Game Court, Golf, Lake Access, Picnic Area, Playground, Putting Green, Recreation Area, Sport Court, Tennis Court(s), Walking Trails
  • Association Fee: 5019
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Association Name: IPM Corporation
  • Phone: 828-966-9453
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 5019.00

Schools

  • Middle Or Junior School: Rosman
  • HOA Subject To: Required

Lot Info

  • Lot Features: Private, Views, Waterfront, Wooded, Other - See Remarks
  • Lot Size Area: 4.32
  • Lot Size Units: Acres
  • Parcel Number: 8513-52-2554-000
  • Zoning: None
  • Plat Book Slide: 16/321
  • Development Status: Completed
  • Additional Parcels Description: 8513-52-3432-000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: None

MLS Schools

  • Elementary School: T.C. Henderson
  • High School: Rosman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2023
Closed on
Oct 22, 2024
Sold by
Dodd Keeley K and Jernigan David
Bought by
Jrnhnc Llc
Seller's Agent
Art Fisher
Fisher Realty - 10 Park Place
Buyer's Agent
John Heinitsh
Lake Toxaway Co.
List Price
$2,250,000
Sold Price
$1,785,000
Premium/Discount to List
-$465,000
-20.67%
Total Days on Market
418
Views
250
Current Estimated Value
$1,680,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$104,564
Avg. Annual Appreciation
-9.88%
Original Mortgage
$2,479,550
Outstanding Balance
$2,467,295
Interest Rate
6.09%
Mortgage Type
Construction
Estimated Equity
-$786,859

Purchase Details

Closed on
Sep 27, 2023
Sold by
Jernigan David and Jernigan Keeley K
Bought by
Lake Toxaway Community Association Inc

Purchase Details

Listed on
May 3, 2022
Closed on
Sep 27, 2022
Sold by
Gimmelwald Llc
Bought by
Jernigan David and Dodd Keeley K
Seller's Agent
John Heinitsh
Lake Toxaway Company
Buyer's Agent
Lizzie McGann
Beverly-Hanks And Associates
List Price
$1,650,000
Sold Price
$1,480,000
Premium/Discount to List
-$170,000
-10.3%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%
Original Mortgage
$1,036,000
Interest Rate
8.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2011
Sold by
Frank Lauren and Tsao Kimberly
Bought by
Frank Ronald E and Frank Iris D

Purchase Details

Closed on
Sep 1, 1987
Bought by
Gimmelwald Llc
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 $1,785,000 None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $1,480,000 --
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Deed $42,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,479,550 Construction
Previous Owner $1,036,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Sold $1,785,000 -3.5% $889 / Sq Ft
08/09/2024 08/09/24 Price Changed $1,850,000 -14.0% $922 / Sq Ft
03/12/2024 03/12/24 Price Changed $2,150,000 +2.4% $1,071 / Sq Ft
10/04/2023 10/04/23 Price Changed $2,100,000 -6.7% $1,046 / Sq Ft
07/18/2023 07/18/23 For Sale $2,250,000 +52.0% $1,121 / Sq Ft
09/30/2022 09/30/22 Sold $1,480,000 -10.3% $738 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $1,650,000 +117.5% $823 / Sq Ft
02/02/2015 02/02/15 Sold $758,700 -10.7% $378 / Sq Ft
01/21/2015 01/21/15 Pending -- -- --
10/01/2013 10/01/13 For Sale $850,000 -- $424 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $4,150 $630,430 $420,000 $210,430
2023 $4,150 $630,430 $420,000 $210,430
2022 $4,150 $630,430 $420,000 $210,430
2021 $4,119 $630,430 $420,000 $210,430
2020 $6,135 $881,510 $0 $0
2019 $6,091 $881,510 $0 $0
2018 $4,984 $881,510 $0 $0
2017 $4,927 $881,510 $0 $0
2016 $4,909 $881,510 $0 $0
2015 -- $997,890 $800,000 $197,890
2014 -- $997,890 $800,000 $197,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4050373

Canopy MLS (Canopy Realtor® Association)

APN: 8513-52-2554-000