NOT LISTED FOR SALE

167 Summer Ln Unit 22 Mill Spring, NC 28756

Estimated Value: $898,348 - $1,092,000

3 Beds
3 Baths
2,973 Sq Ft
$343/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $650,000 $219 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,814/month

289 Days on Market

Highlights

  • Equestrian Center
  • Community Lake
  • Attached Garage
  • Waterfront
  • Wood Flooring
  • Tray Ceiling

About This Home

As of September 2020

Enjoy the beauty of one of Western North Carolina's premiere mountain lakes from this large, comfortable home. 167 Summer Lane offers easy access down a gentle slope to a wide plank dock with light and all the pleasures of lake life -- all just a few steps away from all the amenities of a well-maintained, luxurious home. Owners updated everything in recent years: new custom tile and oak hardwood floors; all new high end, HVAC equipment; new roof. The split level entry leads to formal living and dining, family room and kitchen with lake views, and library/music room/ office. Kitchen sports nearly new Bosch dishwasher and gas cooktop. Head up a couple steps to four bedrooms and spacious master with luxurious bath. A large back deck with built in seating is perfect for gathering family and friends in the Carolina sunshine.

Last Agent to Sell the Property

Jeff Byrd

Walker Wallace and Emerson Realty License #284170 Listed on: 09/27/2019

Last Buyer's Agent

Patti Shelton

LuxeMountain Properties License #277716

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • Waterfront
  • Many Trees

HOA Fees

  • $87 Monthly HOA Fees

Parking

  • Attached Garage

Interior Spaces

  • 3 Full Bathrooms
  • Tray Ceiling
  • Wood Burning Fireplace
  • Window Treatments
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Additional Features

  • Equestrian Center
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number P55-412

Community Details

Overview

  • Ipm Association, Phone Number (828) 650-6895
  • Community Lake

Recreation

  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

HOA Fees

$87 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.95729
  • Ratio Close Price By Original Li: 0.93003
  • Ratio Current Price By Acre: 590909.09
  • Ratio Current Price By Sq Ft: 218.63
  • Year Built: 1999
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1280
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Central Vacuum, Convection Oven, Cooktop Gas, Double Oven, Downdraft Cooktop, Microwave, Propane, Refrigerator, Security System
  • Fireplace Description: FAMILYRM, Gas Vented, Living Room, Propane, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • H O A Management Phone: 828-650-6895
  • Interior Amenities: Breakfast Bar, Built-Ins, Kitchen Island, Tray Ceiling, Window Treatments
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1693
  • Total Sq Ft: 2973
  • Sq Ft Unheated Main: 709
  • Sq Ft Unheated Total: 709

Exterior Features

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

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Garage - 3 Car, Garage Door Opener, Parking Space - 4+

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat, Multizone A/C, MultiZone Heat
  • Sewer: Septic Installed
  • Water: Filtration System, Shared Well
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Equestrian Trails, Lake, Walking Trails
  • Association Fee: 1049.00
  • Association Fee Frequency: Annually
  • HOA Management Company: IPM
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Polk Central
  • Middle School: Polk
  • High School: Polk

Lot Info

  • Lot Features: Trees, Water view, Waterfront
  • Lot Size Area: 1.100
  • Parcel Number: P55-412
  • Zoning Specification: OPEN

Tax Info

  • Tax Value: 444138.00
  • Tax Location: Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2019
Closed on
Sep 10, 2020
Sold by
Mazur Stanley I and Mazur Marcia R
Bought by
Reid Thomas Scott and Robertson Noelle Celine
Seller's Agent
Jeff Byrd
Walker Wallace and Emerson Realty
Buyer's Agent
Patti Shelton
LuxeMountain Properties
List Price
$698,900
Sold Price
$650,000
Premium/Discount to List
-$48,900
-7%
Current Estimated Value
$1,019,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,087
Avg. Annual Appreciation
9.24%
Original Mortgage
$350,000
Outstanding Balance
$310,602
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$708,485

Purchase Details

Closed on
May 9, 2011
Sold by
Mazur Stanley I and Mazur Marcia R
Bought by
Mazur Stanley I and Mazur Marcia R
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Reid Thomas Scott $650,000 None Available
Mazur Stanley I -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reid Thomas Scott $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2020 09/15/20 Sold $650,000 -4.3% $219 / Sq Ft
07/12/2020 07/12/20 Pending -- -- --
02/26/2020 02/26/20 Price Changed $679,000 -2.8% $228 / Sq Ft
09/27/2019 09/27/19 For Sale $698,900 -- $235 / 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 $4,083 $799,909 $170,000 $629,909
2024 $3,425 $535,478 $90,000 $445,478
2023 $3,425 $535,478 $90,000 $445,478
2022 $3,193 $535,478 $90,000 $445,478
2021 $3,193 $535,478 $90,000 $445,478
2020 $2,836 $444,138 $125,000 $319,138
2019 $2,836 $444,138 $125,000 $319,138
2018 $2,747 $444,138 $125,000 $319,138
2017 $2,681 $539,967 $190,000 $349,967
2016 $3,323 $539,967 $190,000 $349,967
2015 $3,117 $0 $0 $0
2014 $3,117 $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: CAR3551157

Canopy MLS (Canopy Realtor® Association)

APN: P55-412