NOT LISTED FOR SALE

17 S Cove Rd Mill Spring, NC 28756

Estimated Value: $560,331 - $808,000

1.95 Acres
$350,854 Price per Acre
84,942 Sq Ft Lot

Last Sold November 21, 2023

Last sale price $299,000

Est. 129% increase in value since last sale

Current estimated payment $3,863/month

76 Days on Market

Highlights

  • Access To Lake
  • Private Lot
  • Recreation Facilities
  • Waterfront
  • Wooded Lot
  • Riding Trail

About This Lot

As of November 2023

Premium 1.95 acre Lake Adger lake front lot located in the desirable South Cove featuring year round mountain and lake views! This lot is wooded and private. There’s 230 feet of usable lake front with a newly re-decked and painted dock with swim ladder. The water at this location is plenty deep for pontoon and/or pleasure boat use. There are multiple build site options and the gentle slope from the road to the lake will reduce your site preparation and build costs. The almost level lake side site overlooks the water providing easy access just steps away from the water and your dock. Or build on the upper portion to maximize the mountain views. Other existing improvements include a gravel driveway in place to drive you close to the lake and an existing shared well. Access to this property is very convenient to Hwy. 9 and nearby shopping. This is simply one of the best lots on Lake Adger!

Last Agent to Sell the Property

Christopher Battista

Howard Hanna Beverly-Hanks Brokerage Email: chris.battista@allentate.com License #230367 Listed on: 08/18/2023

Howard Hanna Beverly-Hanks

Co-Listed By

Annie Battista

Howard Hanna Beverly-Hanks Brokerage Email: chris.battista@allentate.com License #292652

Last Buyer's Agent

Margaret Roy

Howard Hanna Beverly-Hanks License #315724

Howard Hanna Beverly-Hanks

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Property fronts a private road
  • Private Lot
  • Sloped Lot
  • Wooded Lot
  • Possible uses of the property include Residential
  • Property is zoned OU

HOA Fees

Property Views

  • Water
  • Mountain

Schools

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

Horse Facilities and Amenities

  • Riding Trail

Utilities

  • Underground Utilities
  • Shared Well
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number P55-222

Community Details

Overview

  • Ipm Association, Phone Number (828) 650-6875
  • Lake Adger Subdivision
  • Mandatory home owners association

Recreation

  • Recreation Facilities
  • Water Sports
  • Trails
  • Access To Lake

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$123 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Residential

Exterior Features

  • View: Mountain(s), Water, Year Round
  • Water Body Name: Lake Adger
  • Waterfront Features: Dock, Paddlesport Launch Site, Other - See Remarks
  • Other Structures: Other - See Remarks

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Utilities: Underground Utilities
  • Water Source: Shared Well, Well

Condo/Co-op/Association

  • Community Features: Lake Access, Recreation Area, Walking Trails
  • Association Fee: 1300
  • Association Fee Frequency: Annually
  • Association #2 Fee: 176.31
  • Association #2 Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association: IPM
  • Association Name: IPM
  • Phone: 828-650-6875
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 1476.31

Schools

  • Middle Or Junior School: Polk
  • HOA Subject To: Required

Lot Info

  • Lot Features: Private, Sloped, Wooded, Views, Waterfront, Other - See Remarks
  • Lot Size Units: Acres
  • Parcel Number: P55-222
  • Can Be Subdivided: 0
  • Plat Reference Section Pages: D-23
  • Horse Amenities: Riding Trail
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OU

MLS Schools

  • Elementary School: Polk Central
  • High School: Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2019
Sold by
Miele Ellen B and Cohill Andrew M
Bought by
Cohill & Miele Lt
Current Estimated Value
$684,166

Purchase Details

Closed on
Oct 9, 2010
Sold by
Lesage Denis R and Lesage Killoran Margaret Anne
Bought by
Miele Ellen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,600
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2004
Bought by
Miele Ellen B

Purchase Details

Closed on
Oct 24, 2003
Bought by
Miele Ellen B

Purchase Details

Closed on
Jul 23, 2003
Bought by
Miele Ellen B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cohill & Miele Lt -- --
Miele Ellen B $247,000 None Available
Miele Ellen B -- --
Miele Ellen B -- --
Miele Ellen B $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miele Ellen B $197,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2023 11/21/23 Sold $299,000 0.0% --
08/18/2023 08/18/23 For Sale $299,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,208 $432,525 $33,850 $398,675
2024 $2,004 $313,346 $24,620 $288,726
2023 $2,004 $313,346 $24,620 $288,726
2022 $1,883 $313,346 $24,620 $288,726
2021 $1,883 $313,346 $24,620 $288,726
2020 $1,763 $274,033 $55,775 $218,258
2019 $1,763 $274,033 $55,775 $218,258
2018 $1,709 $274,033 $55,775 $218,258
2017 $1,667 $244,992 $55,775 $189,217
2016 $1,493 $244,992 $55,775 $189,217
2015 $1,433 $0 $0 $0
2014 $1,433 $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: 4061330

Canopy MLS (Canopy Realtor® Association)

APN: P55-294