NOT LISTED FOR SALE

128 Home Rd Mill Spring, NC 28756

Estimated Value: $174,000 - $339,000

2 Beds
1 Bath
934 Sq Ft
$253/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $102,500 $110 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $1,316/month

188 Days on Market

Highlights

  • Creek On Lot
  • Corner Lot
  • 1-Story Property
  • Wood Flooring
  • Home fronts a stream
  • Wood Burning Fireplace

About This Home

As of October 2020

Cozy Lake Lure Cabin! This property offers easy access to local amenities such as restaurants, grocery store, hiking trails, golfing, and biking trails. With the upgrades started in this 1986 cabin-bungalow you can come in and finish this out to your style, whether it's going to be your weekend getaway, a vacation rental, or your full-time residence this home is ready for your touch. The interior features an open concept kitchen - living room - dining area, along with a full bathroom and two bedrooms. This home is situated on .66 of an acre right along Cane Creek, come enjoy! Only a few miles from Tryon International Equestrian Center, Chimney Rock, Lake Lure Beach and Water Park and Flowering Bridge.

Last Agent to Sell the Property

Caleb Pohlman

WEICHERT, Realtors - Unlimited License #299589 Listed on: 03/18/2020

WEICHERT, Realtors - Unlimited

Last Buyer's Agent

Ken Williams

Pinnacle Sothebys International Realty License #169568

Pinnacle Sothebys International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • Home fronts a stream
  • Corner Lot

Parking

  • Gravel Driveway

Home Design

  • Cabin
  • Stone Siding

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Wood Burning Fireplace
  • Wood Flooring
  • Crawl Space

Additional Features

  • Creek On Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1600463

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cabin
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.97619
  • Ratio Close Price By Original Li: 0.73741
  • Ratio Current Price By Acre: 155303.03
  • Ratio Current Price By Sq Ft: 109.74
  • Year Built: 1986
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s)
  • Fireplace Description: FAMILYRM, Wood Burning
  • Fireplace: Yes
  • Flooring: Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 934
  • Total Sq Ft: 934

Exterior Features

  • Construction: Stone, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Parking Space - 2

Utilities

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

Lot Info

  • Lot Features: Corner Lot, Creekfront, Stream/Creek
  • Parcel Number: 1600463

Tax Info

  • Tax Value: 53300.00
  • Tax Location: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2024
Sold by
Thomas Margarita
Bought by
Thomas Margarita and Plaksin Dennis
Current Estimated Value
$236,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Outstanding Balance
$160,544
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$75,708

Purchase Details

Listed on
Mar 18, 2020
Closed on
Oct 22, 2020
Sold by
Mullins Jason F and Mullins Jennifer S
Bought by
Thomas Margarita
Seller's Agent
Caleb Pohlman
WEICHERT, Realtors - Unlimited
Buyer's Agent
Ken Williams
Pinnacle Sothebys International Realty
List Price
$105,000
Sold Price
$102,500
Premium/Discount to List
-$2,500
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.49%

Purchase Details

Closed on
Jun 25, 2014
Sold by
Stone Key Properties Inc
Bought by
Mullins Jason F and Mullins Jennifer S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,914
Interest Rate
4.23%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 2012
Sold by
I Buy Homes Llc
Bought by
Stone Key Properties Inc

Purchase Details

Closed on
Oct 6, 2005
Sold by
Federal National Mortgage Association
Bought by
Shannon Robert

Purchase Details

Closed on
Jul 19, 2005
Sold by
Piper Christine A
Bought by
Federal National Mortgage Association
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
Thomas Margarita -- None Listed On Document
Thomas Margarita $102,500 None Available
Mullins Jason F $87,500 None Available
Stone Key Properties Inc $24,000 None Available
1 Buy Homes Llc $15,000 None Available
Shannon Robert -- None Available
Federal National Mortgage Association $54,825 None Avilabale
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Margarita $162,500
Previous Owner Mullins Jason F $85,914
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2020 10/22/20 Sold $102,500 -2.4% $110 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
09/08/2020 09/08/20 Price Changed $105,000 0.0% $112 / Sq Ft
09/08/2020 09/08/20 For Sale $105,000 -17.6% $112 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
08/07/2020 08/07/20 Price Changed $127,500 -3.8% $137 / Sq Ft
07/20/2020 07/20/20 For Sale $132,500 0.0% $142 / Sq Ft
06/28/2020 06/28/20 Pending -- -- --
06/12/2020 06/12/20 Price Changed $132,500 -2.9% $142 / Sq Ft
05/21/2020 05/21/20 Price Changed $136,500 -1.8% $146 / Sq Ft
03/18/2020 03/18/20 For Sale $139,000 -- $149 / 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 $934 $128,500 $20,000 $108,500
2024 $734 $128,500 $20,000 $108,500
2023 $405 $128,500 $20,000 $108,500
2022 $405 $56,100 $10,000 $46,100
2021 $405 $56,100 $10,000 $46,100
2020 $365 $51,900 $10,000 $41,900
2019 $357 $51,900 $10,000 $41,900
2018 $372 $53,300 $10,200 $43,100
2016 $492 $53,300 $10,200 $43,100
2013 -- $53,300 $10,200 $43,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3604220

Canopy MLS (Canopy Realtor® Association)

APN: 1600463