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475 Hiwassee Rd

Lake Toxaway, NC 28747

2 bd 3 ba 2,400 sqft Built 1981 Lot 32,234 sqft single_family
Most recent sale
$350,000
Aug 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 22, 2022 Sold $350,000 MLS #3823726
Jul 17, 2022 Listed $399,000 MLS #3823726
Jun 20, 2020 Price changed $299,000 MLS #3593605
May 10, 2020 Relisted $310,000 MLS #3593605
Feb 24, 2020 Listed $325,000 MLS #3593605
Jan 2, 2015 Listing removed $245,000 Cashiers
Jan 1, 2015 Listing removed $245,000 NWCarolina
Nov 18, 2014 Listed $245,000 MLS #561140
Feb 5, 2014 Listing removed $245,000 NWCarolina
Jan 20, 2014 Listed $245,000 MLS #554289
Dec 30, 2013 Listed $245,000 MLS #78652
Aug 5, 2013 Listing removed $259,000 Cashiers
Jul 31, 2013 Listing removed $259,000 NWCarolina
Jun 4, 2013 Listed $259,000 MLS #523698
Aug 6, 2012 Listed $259,000 MLS #75807
Jan 1, 2012 Listing removed $275,000 NWCarolina
Oct 5, 2011 Listed $275,000 MLS #479851
Oct 1, 1995 Sold $93,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $434,510 $40,000 $474,510 $2,280
2023 $265,590 $30,000 $295,590 $1,945
2022 $265,590 $30,000 $295,590 $1,649
2021 $265,590 $30,000 $295,590 $1,931
2020 $212,260 $30,000 $242,260 $1,686
2019 $212,260 $30,000 $242,260 $1,674
2018 $212,260 $30,000 $242,260 $1,370
2017 $212,260 $30,000 $242,260 $1,354
2016 $212,260 $30,000 $242,260 $1,349
2015 $230,950 $30,000 $260,950 $1,268
2014 $260,950 $1,265
2013 $260,950 $1,226
2012 $260,950 $1,109
2011 $260,950 $1,105
2010 $260,950 $1,105
2009 $260,950 $1,102
2007 $129,780 $743

Property facts

Year built
1981
Property type
single_family
Stories
2
Beds
2
Baths
3
Living area
2,400 sqft
Lot size
32,234 sqft
ZIP code
28747
City
Lake Toxaway
Street
Hiwassee Rd
Coordinates
35.15995, -82.93115

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,240
Gross rental yield
11.11%
Implied cap rate
7.22%
Trend-extrapolated value

Frequently asked questions

When did 475 Hiwassee Rd last sell?
475 Hiwassee Rd most recently sold on Aug 22, 2022 for $350,000.
What is the current tax assessment for 475 Hiwassee Rd?
The most recent total assessment for 475 Hiwassee Rd (year 2025) is $474,510 with $2,280 in property tax.
How does 475 Hiwassee Rd's assessment compare to its last sale price?
The current assessment is 35.6% above the last sale price of $350,000.
When was 475 Hiwassee Rd built?
475 Hiwassee Rd was built in 1981.
How does 475 Hiwassee Rd compare to others on Hiwassee Rd?
We track 5 other properties on Hiwassee Rd. Browse the list under "Other properties on Hiwassee Rd" to compare beds, baths, and sale history.
What are the property facts for 475 Hiwassee Rd?
475 Hiwassee Rd is a 2 bed, 3 bath, 2,400 sqft, 32,234 sqft lot single_family.
Is 475 Hiwassee Rd a flip candidate?
No — 475 Hiwassee Rd does not appear in our flips dataset.
Is 475 Hiwassee Rd a tax-appeal candidate?
Yes — 475 Hiwassee Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.5%
Implied 1-yr
+13.9%
2026 Q3
$876.4K
2026 Q4
$901.2K
ZIP 28747 — Median Price History + Forecast

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