781 Chestnut Trace

Local assessors in Lake Toxaway, NC have categorized 781 Chestnut Trace as a commercial type of property. The home was built in 1990 and is 34 years old. It was most recently renovated and altered in 2002. The property's lot size has been calculated to be 29,030 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 781 Chestnut Trace has a total of 3,215 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The building has a cathedral style roof that was made of wood shake/ shingles. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home has been utilizing electricity for fuel. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 781 Chestnut Trace sold most recently in Aug 26, 2021 for a total of $650,000. If you work out the math, that's approximately a cost of $202.18 per sqft. Before that, the property was also sold for $635,000 in Nov 5, 2007. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,553 in taxes each year. 781 Chestnut Trace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $539,150. If we break it down further, the land itself was valued at $80,000. Improvements to the property, however, were assessed at a total of $459,150. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.