NOT LISTED FOR SALE

163 Indian Summer Ln Mill Spring, NC 28756

Estimated Value: $1,045,687 - $1,251,000

3 Beds
3.5 Baths
3,833 Sq Ft
$300/Sq Ft Est. Value

Last Sold July 15, 2014

Last sale price $440,000 $115 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $6,601/month

433 Days on Market

Highlights

  • Waterfront
  • Cathedral Ceiling
  • Whirlpool Bathtub
  • Wooded Lot
  • Wood Flooring
  • Circular Driveway

About This Home

As of July 2014

HALF OFF SALE! Try beating this: Over $1.1MILLION in this amazing Lake Adger home that's priced to sell $230k+ below appraisal. Three floors of well-planned living space, 3 stone fireplaces, impressive master suite, open floor plan, screened porch, media room, office loft, great room with expansive windows and a kitchen boasting granite/stainless. Decks & and 330' of lake frontage with dock complete the package. Summer is coming!See Feature Sheet

Last Agent to Sell the Property

Damian Hall

RE/MAX Advantage Realty / Tryon-Polk License #269114 Listed on: 04/08/2013

Last Buyer's Agent

WINFIELD WORRALL

Town and Country, Realtors License #204928

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,133

Year Built

  • Built in 2010

Lot Details

  • Waterfront
  • Wooded Lot
  • Many Trees

Parking

  • Circular Driveway

Home Design

  • Log Siding

Interior Spaces

  • Cathedral Ceiling
  • Gas Log Fireplace
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub

Listing and Financial Details

  • Assessor Parcel Number P54-116

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,133

Year Built

Built in 2010

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Ratio Close Price By List Price: 0.88176
  • Ratio Close Price By Original Li: 0.73346
  • Ratio Current Price By Acre: 299319.73
  • Ratio Current Price By Sq Ft: 114.79
  • Year Built: 2010
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Basement Fully Finished
  • Upper Level Sq Ft: 553
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Gas Range, Microwave, Refrigerator, Gas Oven
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Flooring: Tile, Carpet, Wood
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Walk-In Closet(s), Whirlpool
  • Room Count: 6
  • Sq Ft Basement: 1640
  • Main Level Sq Ft: 1640
  • Total Sq Ft: 3833

Exterior Features

  • Construction: Log
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Circular, Asphalt
  • Parking: Detached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Heat Pump - Heat, Multizone A/C, MultiZone Heat
  • Sewer: Septic Tank
  • Water: Water Softener System, Shared Well

Lot Info

  • Lot Features: Cul-de-sac Lot, Waterfront, Water view, Lake Access, Trees, Wooded
  • Lot Size Area: 1.470
  • Parcel Number: P54-116
  • Plat Reference Section Pages: 330
  • Zoning Specification: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2013
Closed on
Jul 15, 2014
Sold by
Bowman J Thomas J and Bowman Karen B
Bought by
Bulger Robert Joseph and Bulger Johanne Marie
Seller's Agent
Damian Hall
RE/MAX Advantage Realty / Tryon-Polk
Buyer's Agent
WINFIELD WORRALL
Town and Country, Realtors
List Price
$599,900
Sold Price
$440,000
Premium/Discount to List
-$159,900
-26.65%
Current Estimated Value
$1,148,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$708,344
Avg. Annual Appreciation
8.00%

Purchase Details

Closed on
Aug 12, 2005
Sold by
Wolfe Raymond L and Wolfe Phyllis L
Bought by
Bowman J Thomas J and Bowman Karen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,890
Interest Rate
5.48%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 5, 2002
Bought by
Bulger Robert Joseph

Purchase Details

Closed on
Aug 8, 2001
Bought by
Bulger Robert Joseph
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
Bulger Robert Joseph $440,000 None Available
Bowman J Thomas J $210,000 None Available
Bulger Robert Joseph $175,000 --
Bulger Robert Joseph $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bulger Robert Joseph $300,000
Previous Owner Bowman J Thomas $380,000
Previous Owner Bowman J Thomas J $190,890
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2014 07/15/14 Sold $440,000 -26.7% $115 / Sq Ft
06/15/2014 06/15/14 Pending -- -- --
04/08/2013 04/08/13 For Sale $599,900 -- $157 / 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 $4,133 $642,906 $100,000 $542,906
2023 $4,133 $642,906 $100,000 $542,906
2022 $4,039 $642,906 $100,000 $542,906
2021 $4,039 $642,906 $100,000 $542,906
2020 $3,185 $480,639 $100,000 $380,639
2019 $3,185 $480,639 $100,000 $380,639
2018 $2,944 $480,639 $100,000 $380,639
2017 $2,944 $591,441 $200,000 $391,441
2016 $3,497 $591,441 $200,000 $391,441
2015 $3,382 $0 $0 $0
2014 $3,382 $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: CARNCM536201

Canopy MLS (Canopy Realtor® Association)

APN: P54-116