NOT LISTED FOR SALE

117 N Boundary Rd Mill Spring, NC 28756

Estimated Value: $785,000 - $893,000

3 Beds
3 Baths
3,061 Sq Ft
$273/Sq Ft Est. Value

Last Sold April 06, 2018

Last sale price $445,500 $146 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,720/month

250 Days on Market

Highlights

  • Equestrian Center
  • Community Lake
  • Wood Flooring
  • Open Floorplan
  • Traditional Architecture
  • Whirlpool Bathtub

About This Home

As of April 2018

Lake Adger Custom Gem. The attention to the details is apparent from the minute you step inside to 14' ceilings in the foyer and living room, tile entry to teak floors, mud room and main floor laundry. No doubt this impeccably cared for home feels new. Even the placement of the home on the 3.79 acres was thoughtful, making for privacy and easy access. Fabulous outdoor space. 1 YR HOME WARRANTY and Transferable Termite Bond included. Verizon Internet has proven to be plenty fast. Direct TV.

Last Agent to Sell the Property

Molly Carpenter

Town and Country, Realtors License #282272 Listed on: 05/24/2017

Town and Country, Realtors

Co-Listed By

Libbie Johnson

Tryon Horse Country Homes License #279695

Last Buyer's Agent

Catherine Craven

Looking Glass Realty License #279401

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • 3.79

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • Attached Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Insulated Windows

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Slate Flooring

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Utilities

  • Well
  • Cable TV Available

Additional Features

  • Many Trees
  • Equestrian Center

Community Details

  • Ipm Association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number P54-66

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.94386
  • Ratio Close Price By Original Li: 0.94386
  • Ratio Current Price By Acre: 117546.17
  • Ratio Current Price By Sq Ft: 145.54
  • Year Built: 2008
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Cable Prewire, Dishwasher, Electric Range, Refrigerator, Exhaust Hood, Propane, Electric Oven
  • Fireplace Description: Living Room, Propane
  • Fireplace: Yes
  • Flooring: Carpet, Slate, Wood
  • Interior Amenities: Breakfast Bar, Built-Ins, Cable Available, Kitchen Island, Open Floorplan, Pantry, Split BR Plan, Walk-In Closet(s), Whirlpool
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Basement: 1299
  • Main Level Sq Ft: 1762
  • Total Sq Ft: 3061
  • Sq Ft Unheated Basement: 463
  • Sq Ft Unheated Total: 463

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Attached Garage, Garage - 2 Car, Garage Door Opener, Side Load Garage

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Well
  • 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: Sunnyview
  • Middle School: Polk
  • High School: Polk

Lot Info

  • Lot Features: Paved Frontage, Sloping, Trees, Winter View
  • Lot Size Area: 3.790
  • Parcel Number: P54-66
  • Plat Book Slide: D/975
  • Zoning: Residential
  • Zoning Specification: OPEN

Tax Info

  • Tax Value: 411480.00
  • Tax Amount Ncm: 2443.72
  • Tax Location: Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2017
Closed on
Mar 9, 2018
Sold by
Morgan Richard M and Adams-Morgan Im
Bought by
Reeves Donald L and Arant-Reeves Deborah
Seller's Agent
Molly Carpenter
Town and Country, Realtors
Buyer's Agent
Catherine Craven
Looking Glass Realty
List Price
$472,000
Sold Price
$445,500
Premium/Discount to List
-$26,500
-5.61%
Current Estimated Value
$835,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,998
Avg. Annual Appreciation
8.02%
Original Mortgage
$350,000
Outstanding Balance
$299,126
Interest Rate
3.8%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$494,096

Purchase Details

Closed on
Feb 25, 2008
Sold by
Lipner Neal and Lipner Rabecca
Bought by
Morgan Richard M and Morgan Kim Adams

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.65%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 23, 2005
Sold by
Loftis Hugh T and Loftis Rebecca
Bought by
Lipner Neal and Lipner Rabecca

Purchase Details

Closed on
Jan 7, 2005
Sold by
Copp Ronald L and Copp Sherry H
Bought by
Loftis Hugh T and Hoskyns Carol M

Purchase Details

Closed on
Mar 19, 2003
Bought by
Morgan Richard M
Source: Public Records

Range of Values:

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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
Reeves Donald L $445,500 --
Morgan Richard M $87,500 None Available
Lipner Neal $63,000 None Available
Loftis Hugh T $47,500 None Available
Morgan Richard M $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reeves Donald L $350,000
Previous Owner Morgan Richard M $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2018 04/06/18 Sold $445,500 -5.6% $146 / Sq Ft
01/29/2018 01/29/18 Pending -- -- --
05/24/2017 05/24/17 For Sale $472,000 -- $154 / 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 $2,704 $420,668 $36,740 $383,928
2023 $2,704 $420,668 $36,740 $383,928
2022 $2,655 $420,668 $36,740 $383,928
2021 $2,655 $420,668 $36,740 $383,928
2020 $2,454 $369,200 $67,900 $301,300
2019 $2,454 $369,200 $67,900 $301,300
2018 $2,270 $369,200 $67,900 $301,300
2017 $2,270 $411,480 $89,295 $322,185
2016 $2,444 $411,480 $89,295 $322,185
2015 $2,363 $0 $0 $0
2014 $2,363 $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: CAR3284321

Canopy MLS (Canopy Realtor® Association)

APN: P54-66