NOT LISTED FOR SALE

105 Palisade Dr Mill Spring, NC 28756

Estimated Value: $618,000 - $844,000

4 Beds
3.5 Baths
2,803 Sq Ft
$254/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $405,000 $144 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,987/month

19 Days on Market

Highlights

  • Gated Community
  • Wooded Lot
  • Wood Flooring
  • Open Floorplan
  • Cathedral Ceiling
  • Walk-In Closet

About This Home

As of September 2020

Turn-key log home vacation rental is ready to make your living in the mountains a dream come true! This 4-bedroom, 3.5 bath cabin will take your breath away! Home is 7 miles to the Beach at Lake Lure, 8 miles to Chimney Rock State Park, and 14.9 miles to the Tryon International Equestrian Center (TIEC). Private gated retreat, tranquil and peaceful neighborhood, surrounded by over 50 acres of forest, home to wild turkey and deer. Just under 2 miles from Lake Lure, a large grocery store, restaurant, and medical center. The living room just off of the kitchen is great for entertaining next to the gas fireplace connects to wrap-around deck with nature views, gas grilling area, rocking chairs, and a perfect site for stargazing. Finished lower level features open family room and entertainment area with a fireplace. Enjoy the ping pong table, bar area, and outside fire pit for evenings under the stars.

Last Agent to Sell the Property

Lisa Ford

Carolina Properties License #242070 Listed on: 08/07/2020

Last Buyer's Agent

Phi-Van Cherry

THE LIGHT REALTY License #294370

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 2.16

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Log Siding

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Den with Fireplace
  • Wood Flooring
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet

Additional Features

  • Fire Pit
  • Wooded Lot
  • Septic Tank

Community Details

  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 1643764

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$25 per month

Parking

4

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Ratio Close Price By List Price: 0.99022
  • Ratio Close Price By Original Li: 0.99022
  • Ratio Current Price By Acre: 187500.00
  • Ratio Current Price By Sq Ft: 144.49
  • Year Built: 2007
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished
  • Upper Level Sq Ft: 561
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Fireplace Description: Den, Rec Room
  • Fireplace: Yes
  • Fixture Exception Description: Security system
  • Fixture Exception Yn: Yes
  • Flooring: Wood
  • Interior Amenities: Cathedral Ceiling(s), Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Basement: 1121
  • Main Level Sq Ft: 1121
  • Total Sq Ft: 2803

Exterior Features

  • Construction: Log
  • Construction Type: Off Frame Modular
  • Exterior Features: Fire pit

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway, Garage - 4+ Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Gated Community
  • Association Fee: 300.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Cul-de-sac Lot, Mountain View, Paved Frontage, Wooded, Year Round View
  • Parcel Number: 1643764
  • Zoning Specification: Res

Tax Info

  • Tax Value: 297700.00
  • Tax Location: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2025
Sold by
G-Spot Llc
Bought by
Bermudez Fernando and Bermudez Crystal
Current Estimated Value
$710,844

Purchase Details

Listed on
Aug 7, 2020
Closed on
Sep 14, 2020
Sold by
Freeman Ronald A and Freeman Lora L
Bought by
G Spot Llc
Seller's Agent
Lisa Ford
Carolina Properties
Buyer's Agent
Phi-Van Cherry
THE LIGHT REALTY
List Price
$409,000
Sold Price
$405,000
Premium/Discount to List
-$4,000
-0.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.20%

Purchase Details

Closed on
Jan 27, 2010
Sold by
Piedmont Residential Development Llc
Bought by
Freeman Ronald A and Freeman Lora L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Bermudez Fernando -- None Listed On Document
Bermudez Fernando -- None Listed On Document
G Spot Llc $405,000 None Available
Freeman Ronald A $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Freeman Ronald A $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2025 10/20/25 Price Changed $550,000 -8.2% $227 / Sq Ft
04/08/2025 04/08/25 Price Changed $599,000 -5.7% $247 / Sq Ft
11/06/2024 11/06/24 For Sale $635,000 0.0% $262 / Sq Ft
10/20/2024 10/20/24 Off Market $635,000 -- --
10/30/2023 10/30/23 For Sale $635,000 +56.8% $262 / Sq Ft
09/18/2020 09/18/20 Sold $405,000 -1.0% $144 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $409,000 -- $146 / 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
2025 $2,980 $509,300 $132,700 $376,600
2024 $2,854 $509,300 $132,700 $376,600
2023 $2,156 $509,300 $132,700 $376,600
2022 $2,156 $297,700 $60,700 $237,000
2021 $2,136 $297,700 $60,700 $237,000
2020 $2,136 $297,700 $60,700 $237,000
2019 $2,128 $297,700 $60,700 $237,000
2018 $2,153 $297,000 $87,500 $209,500
2016 $2,101 $297,000 $87,500 $209,500
2013 -- $308,000 $100,000 $208,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3649767

Canopy MLS (Canopy Realtor® Association)

APN: 1643764