NOT LISTED FOR SALE

116 Fallen Tree Ln Mill Spring, NC 28756

Estimated Value: $941,000 - $1,354,000

4 Beds
3.5 Baths
3,440 Sq Ft
$314/Sq Ft Est. Value

Last Sold December 13, 2019

Last sale price $490,000 $142 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $6,093/month

3 Days on Market

Highlights

  • Horse Facilities
  • Barn
  • Traditional Architecture
  • Equestrian Center
  • Community Lake
  • Wood Flooring

About This Home

As of December 2019

Wake up to mountain views to start your day, then sit on you patio and watch amazing sun sets with the mountains as a backdrop. This amazing fully renovated traditional brick clad home has all the bells and whistles. Spacious rooms, hardwood floors, granite counters, plenty of natural light and you can enjoy your horses or boat all from this custom home. The pictures tell all, and you wont be unimpressed once seen in-person. The home features over 3400 sq ft on 2 levels and an unfinished basement. The equestrian amenities feature a 3 stall barn with tack and feed room. The horses have several acres of fenced fenced pasture which utilizes a low maintenance fence material system and full wire fence protection to keep your animals, in and critters out. Lake Adger has a private riding trail system with access from the property. Nothing with this property are shortcuts all is very well done and maintained. The home has a recent new roof system. The property will awe you so come see.

Last Agent to Sell the Property

Ron Piccari

Coldwell Banker Advantage License #225569 Listed on: 11/05/2019

Coldwell Banker Advantage

Last Buyer's Agent

Abigail Farrow

Likewise Commercial Real Estate License #302812

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 12.87

HOA Fees

  • $83 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • Gas Log Fireplace
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Parking

  • Attached Garage
  • Gravel Driveway

Outdoor Features

  • Fire Pit
  • Separate Outdoor Workshop

Farming

  • Barn
  • Pasture
  • Fenced For Cattle

Horse Facilities and Amenities

  • Equestrian Center
  • Stables

Additional Features

  • Many Trees
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number P54-110
  • Tax Block H-1

Community Details

Overview

  • Ipm Association, Phone Number (828) 650-6895
  • Community Lake

Recreation

  • Horse Facilities

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98196
  • Ratio Close Price By Original Li: 0.98196
  • Ratio Current Price By Acre: 38073.04
  • Ratio Current Price By Sq Ft: 142.44
  • Year Built: 2003
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Inside Entrance, Basement Outside Entrance, Block, Crawl Space
  • Upper Level Sq Ft: 736
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Convection Oven, Gas Range, Microwave, Propane, Electric Oven
  • Fireplace Description: FAMILYRM, Gas Logs, Propane
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • H O A Management Phone: 828-650-6895
  • Interior Amenities: Breakfast Bar, Garden Tub, Kitchen Island, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 2704
  • Total Sq Ft: 3440
  • Sq Ft Unheated Basement: 700
  • Sq Ft Unheated Total: 700

Exterior Features

  • Construction: Brick Partial
  • Construction Type: Site Built
  • Exterior Features: Barn(s), Equestrian Facilities, Fenced Pasture, Fenced Yard, Fire pit, Satellite Internet Available, Stable, Underground Power Lines, Workshop

Garage/Parking

  • Driveway: Gravel
  • Parking: Attached Garage, Carport - 2 Car

Utilities

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

Condo/Co-op/Association

  • Community Features: Equestrian Trails, Lake
  • Association Fee: 1000.00
  • Association Fee Frequency: Annually
  • HOA Management Company: IPM
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Polk Central
  • Middle School: Polk
  • High School: Polk

Lot Info

  • Lot Dimension: 12.87
  • Lot Features: Mountain View, Pasture, Sloping, Trees, Year Round View
  • Lot Size Area: 12.870
  • Parcel Number: P54-110
  • Plat Book Slide: E
  • Plat Reference Section Pages: 10
  • Zoning Specification: OPEN

Tax Info

  • Tax Value: 393077.00
  • Tax Block: H-1
  • Tax Location: Mill Spring

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2019
Closed on
Dec 2, 2019
Sold by
Mix Michael C and Mix Leanne M
Bought by
Binaco Philip and Binaco Maritza
Seller's Agent
Ron Piccari
Coldwell Banker Advantage
Buyer's Agent
Abigail Farrow
Likewise Commercial Real Estate
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%
Current Estimated Value
$1,081,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$591,602
Avg. Annual Appreciation
12.72%

Purchase Details

Closed on
May 3, 2016
Sold by
Noland Joyce
Bought by
Mix Michael C and Mix Leanne

Purchase Details

Closed on
Jul 10, 2001
Bought by
Runkle James A

Purchase Details

Closed on
Mar 2, 2001
Bought by
Runkle James A
Source: Public Records

Range of Values:

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Average Value
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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
Binaco Philip $490,000 None Available
Mix Michael C $393,000 None Available
Runkle James A $119,000 --
Runkle James A -- --
Source: Public Records

Mortgage History

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

Property History

Date Event Price Change Sq Ft Price
12/13/2019 12/13/19 Sold $490,000 -1.8% $142 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
11/05/2019 11/05/19 For Sale $499,000 -- $145 / 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 $3,570 $555,444 $101,220 $454,224
2023 $3,605 $555,444 $101,220 $454,224
2022 $3,494 $555,444 $101,220 $454,224
2021 $3,494 $555,444 $101,220 $454,224
2020 $2,611 $393,077 $101,220 $291,857
2019 $2,611 $393,077 $101,220 $291,857
2018 $2,414 $393,077 $101,220 $291,857
2017 $2,414 $433,179 $149,025 $284,154
2016 $2,571 $433,179 $149,025 $284,154
2015 $2,453 $0 $0 $0
2014 $2,486 $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3566388

Canopy MLS (Canopy Realtor® Association)

APN: P54-110