NOT LISTED FOR SALE

127 Lake Adger Rd Mill Spring, NC 28756

Estimated Value: $215,384 - $422,000

3 Beds
1 Bath
1,255 Sq Ft
$259/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $190,000 $151 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,744/month

Highlights

  • Mountain View
  • Ranch Style House
  • Laundry Room
  • Wooded Lot
  • Covered Patio or Porch
  • Carpet

About This Home

As of October 2024

Boundless possibilities on this 2.66 Acres, Unzoned and Unrestricted property with a 1255 sqft, 3 bedroom, 1 bath home. Home could use some renovations but land consists of two parcels so you can build your dream home on the vacant parcel, rent the current home that is on the other parcel, or sell the vacant parcel to pay for upgrades on the home! The location also makes it a great option for a short-term vacation rental. Choices, Choices!!! Solid built, concrete block home with upgraded electrical in 2012. Flue in living room for wood stove. Did I mention there are also VIEWS that will take your breath away? Located in the Polk County School system OR if you choose, you can check out the Lake Lure Classical Academy, 3 miles away! Conveniently located near Ingles Market only 4 miles away and just a short drive to beautiful Lake Lure & Chimney Rock where you can enjoy swimming, boating, mountain biking, hiking, and zip lining. Lake Adger, another nearby lake, only 4 miles away!

Last Agent to Sell the Property

Debra Morris

CENTURY 21 Mountain Lifestyles Brokerage Email: morizz@aol.com License #270522 Listed on: 08/27/2024

CENTURY 21 Mountain Lifestyles

Last Buyer's Agent

Kirsten Paris

EXP Realty LLC License #322291

EXP Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • Wooded Lot

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 1,255 Sq Ft Home
  • Mountain Views

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Covered Patio or Porch
  • Outbuilding

Schools

  • Sunnyview Elementary School
  • Polk Middle School
  • Polk High School

Utilities

  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number P52-32

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1950
  • Restrictions: No Restrictions
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 151.39
  • Geocode Confidence: High
  • Attribution Contact: morizz@aol.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Carpet, Linoleum
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1255
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Range, Exhaust Hood
  • Above Grade Finished Sq Ft: 1255
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Other - See Remarks
  • Living Area: 1255
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • View: Long Range, Mountain(s), Year Round
  • Exclusions: leased satellite dish
  • Construction Type: Concrete Block
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Main Level, Washer Hookup
  • Security: None
  • Cooling: Heat Pump
  • Utilities: Electricity Connected
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Polk
  • HOA Subject To: None

Lot Info

  • Lot Features: Wooded, Views
  • Lot Size Units: Acres
  • Parcel Number: P52-32
  • Horse Amenities: None
  • Additional Parcels Description: P52-146
  • ResoLotSizeUnits: Acres
  • Zoning Specification: None

MLS Schools

  • Elementary School: Sunnyview
  • High School: Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2024
Closed on
Oct 4, 2024
Sold by
Mcguinn Ricky Allan and Mcguinn Deana
Bought by
Escarpment Holdings Llc
Seller's Agent
Debra Morris
CENTURY 21 Mountain Lifestyles
Buyer's Agent
Kirsten Paris
EXP Realty LLC
List Price
$200,000
Sold Price
$190,000
Premium/Discount to List
-$10,000
-5%
Views
10
Current Estimated Value
$325,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,596
Avg. Annual Appreciation
55.50%

Purchase Details

Closed on
Dec 11, 1996
Bought by
Jones Terry Daniel
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Escarpment Holdings Llc $190,000 None Listed On Document
Mcguinn Ricky -- None Listed On Document
Jones Terry Daniel -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2024 10/18/24 Sold $190,000 -5.0% $151 / Sq Ft
08/27/2024 08/27/24 For Sale $200,000 -- $159 / 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 $518 $103,060 $39,279 $63,781
2024 $416 $64,662 $23,200 $41,462
2023 $416 $64,662 $23,200 $41,462
2022 $438 $64,662 $23,200 $41,462
2021 $438 $64,662 $23,200 $41,462
2020 $383 $53,054 $18,200 $34,854
2019 $383 $53,054 $18,200 $34,854
2018 $356 $53,054 $18,200 $34,854
2017 $356 $52,059 $18,200 $33,859
2016 $339 $52,059 $18,200 $33,859
2015 $329 $0 $0 $0
2014 $329 $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4168871

Canopy MLS (Canopy Realtor® Association)

APN: P52-32