$170,000
SOLD MAY 9, 2025

140 Old Mill Rd Flat Rock, NC 28731

1 Bed
1 Bath
396 Sq Ft
$483/mo HOA Fee

Recently Sold

$429 Per Sq Ft

3% Below List Price

13 Days on Market

Highlights

  • Docks
  • Waterfront
  • Covered Patio or Porch
  • Waterfall on Lot
  • Pond
  • Front Green Space

About This Home

As of May 2025

Don't miss this one-of-a-kind property! Freestanding studio condo on a lake in beautiful historic Flat Rock! Nestled within Mill House Lodge, a small mountain community featuring the historic Millhouse with a waterfall and stream! Private patio and entrance with a view of the private lake. Enjoy the outdoors with paddle sports, the fire pit, outdoor pool, tennis courts and deck overlooking the lake. Whether looking for an affordable full-time residence or investment property with great rental potential this freestanding unit has a lot to offer. STRs allowed and successful in this community. Charming rock wall, custom drapery and easy maintenance floors. All utilities (electric, water, sewer, cable, wifi, trash pick-up) are included in the monthly HOA fee with shared laundry. Seller to consider including all furniture with acceptable offer. 10 min to downtown Hendersonville and just minutes from Carl Sandburg Park and Flat Rock Playhouse.

Last Agent to Sell the Property

Tanya Mayces

George Real Estate Group Inc Brokerage Email: tmmayces@gmail.com License #339655 Listed on: 04/02/2025

Last Buyer's Agent

Tanya Mayces

George Real Estate Group Inc Brokerage Email: tmmayces@gmail.com License #339655 Listed on: 04/02/2025

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1960

Lot Details

  • Waterfront
  • Front Green Space

HOA Fees

  • $483 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 396 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Water Views
  • Electric Cooktop

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Docks
  • Pond
  • Covered Patio or Porch
  • Waterfall on Lot

Schools

  • Hillandale Elementary School
  • Flat Rock Middle School
  • East Henderson High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Community Association Management Association
  • Marshall Kanner Association, Phone Number (305) 904-4211
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 10008164

Property Details

Home Type

Condominium

Year Built

Built in 1960

Lot Details

0

HOA Fees

$483 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1960
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 429.29
  • Geocode Confidence: High
  • Attribution Contact: tmmayces@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: No
  • Flooring: Laminate
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 396
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Cooktop, Refrigerator
  • Above Grade Finished Sq Ft: 396
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 396
  • Bedroom Main: 1

Exterior Features

  • Exterior Features: Dock
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Water
  • Water Body Name: Jordan Lake
  • Waterfront Features: Beach - Private, Dock
  • Construction Type: Stone, Wood
  • 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: Parking Lot, Parking Space(s)

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Common Area
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 483
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association: Marshall Kanner
  • Association Name: Community Association Management
  • Association Phone #2: 305-904-4211
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 5796.00
  • Association Email 2: marshnk@aol.com

Schools

  • Middle Or Junior School: Flat Rock
  • HOA Subject To: Required

Lot Info

  • Lot Features: Green Area, Pond(s), Waterfall, Waterfront
  • Parcel Number: 10008164
  • Land Included Yn: 0
  • Additional Parcels: No
  • Zoning Specification: Cities

Rental Info

  • Pets Allowed: Size Limit

MLS Schools

  • Elementary School: Hillandale
  • High School: East Henderson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2025
Closed on
May 9, 2025
Sold by
Rhodes Cottage Hospitality Llc
Bought by
Take Your Jacket Investments Llc
Seller's Agent
Tanya Mayces
George Real Estate Group Inc
Buyer's Agent
Tanya Mayces
George Real Estate Group Inc
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%
Views
29
Current Estimated Value
$168,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,486
Avg. Annual Appreciation
-1.50%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $170,000 None Listed On Document
Warranty Deed $170,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2025 05/09/25 Sold $170,000 -2.9% $429 / Sq Ft
04/15/2025 04/15/25 Pending -- -- --
04/02/2025 04/02/25 For Sale $175,000 -- $442 / 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 $493 $114,400 $0 $114,400
2024 $493 $114,400 $0 $114,400
2023 $493 $114,400 $0 $114,400
2022 $545 $97,100 $0 $97,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4235723

Canopy MLS (Canopy Realtor® Association)

APN: 9577417562026