NOT LISTED FOR SALE

183 Summer Ln Mill Spring, NC 28756

Estimated Value: $945,000 - $1,192,000

3 Beds
3.5 Baths
4,290 Sq Ft
$248/Sq Ft Est. Value

Last Sold March 04, 2019

Last sale price $540,000 $126 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $5,927/month

201 Days on Market

Highlights

  • Equestrian Center
  • Open Floorplan
  • Private Lot
  • Waterfront
  • Community Lake
  • Wooded Lot

About This Home

As of March 2019

Experience Paradise at The Point & Entertain in grand style with this majestic Lindal Cedar home on a point lot on Lake Adger. The home features an open floor plan w/a dramatic 2 story great room , floor-to-ceiling stone, wood-burning fireplace, glass sunroom/dining room, overlooking the lake, & professionally equipped, spacious kitchen, plus a custom bar with intricate woodwork & 6 taps. The master suite is on the main level, 2 oversized bedrooms, loft & large full baths upstairs. The lower level has a storage room, office area & large open area for workout or game room plus a retro full bath w/claw foot tub. Step outside to the multi-level decks, wrap around porch & large screen porch. Walk down to the gazebo on the lake & private boat dock. Lake Adger is a private community in the Blue Ridge Mountains on a 438-acre lake w/14 miles of shoreline. Enjoy nature throughout the neighborhood as you stroll along miles of walk & equest trails w/spectacular views of the mnts, lake& streams

Last Agent to Sell the Property

Ellen Glass

Tryon Foothills Realty License #263998 Listed on: 06/20/2018

Last Buyer's Agent

Barbara Claussen

Claussen Walters LLC License #287330

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • Waterfront
  • Private Lot
  • Wooded Lot

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • Attached Garage
  • Workshop in Garage
  • Gravel Driveway

Home Design

  • Arts and Crafts Architecture

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Window Treatments
  • Wood Flooring
  • Storm Doors

Kitchen

  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • Whirlpool Bathtub

Outdoor Features

  • Gazebo
  • Shed

Horse Facilities and Amenities

  • Equestrian Center

Listing and Financial Details

  • Assessor Parcel Number P55-326

Community Details

Overview

  • Community Lake

Recreation

  • Trails

Building Details

  • Security

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

2.26 Acres

HOA Fees

$83 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Arts and Crafts
  • Ratio Close Price By List Price: 0.90756
  • Ratio Close Price By Original Li: 0.77364
  • Ratio Current Price By Acre: 238938.05
  • Ratio Current Price By Sq Ft: 125.87
  • Year Built: 2000
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished
  • Upper Level Sq Ft: 1181
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Doors and Windows: Storm Door(s)
  • Equipment: Ceiling Fan(s), Central Vacuum, Cooktop Gas, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Fireplace Description: Fireplace Insert, Great Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Basement Shop, Breakfast Bar, Built-Ins, Cathedral Ceiling(s), Garage Shop, Kitchen Island, Open Floorplan, Pantry, Split BR Plan, Walk-In Closet(s), Wet Bar, Whirlpool, Window Treatments
  • Laundry Location: Main, Utility Room
  • Room Count: 3
  • Sq Ft Basement: 1050
  • Main Level Sq Ft: 2059
  • Total Sq Ft: 4290
  • Sq Ft Unheated Basement: 150
  • Sq Ft Unheated Total: 150

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Shed(s), Gazebo

Garage/Parking

  • Driveway: Asphalt, Gravel
  • Parking: Attached Garage, Garage - 2 Car, Garage Door Opener, Side Load Garage

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Shared Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Equestrian Trails, Lake, Security, Walking Trails
  • Association Fee: 1000.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Cul-de-sac Lot, Mountain View, Waterfront, Water view, Lake Access, Lake, Private, Winter View, Wooded, Year Round View
  • Parcel Number: P55-326
  • Plat Book Slide: D 330
  • Plat Reference Section Pages: 521
  • Zoning Specification: R-1

Tax Info

  • Tax Value: 529801.00
  • Tax Location: Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2018
Closed on
Mar 3, 2019
Sold by
Adamserd Junius G and Adams Arlene M
Bought by
Briante Amily B and Briante Robert T
Seller's Agent
Ellen Glass
Tryon Foothills Realty
Buyer's Agent
Barbara Claussen
Claussen Walters LLC
List Price
$698,000
Sold Price
$540,000
Premium/Discount to List
-$158,000
-22.64%
Current Estimated Value
$1,064,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$524,171
Avg. Annual Appreciation
10.16%
Original Mortgage
$400,000
Outstanding Balance
$351,668
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$712,503

Purchase Details

Closed on
Aug 4, 2000
Bought by
Adams Junius G

Purchase Details

Closed on
Aug 18, 1998
Bought by
Adams Junius G

Purchase Details

Closed on
Aug 4, 1998
Bought by
Adams Junius G
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 Buyer Sale Price Title Company
Briante Amily B $540,000 --
Adams Junius G $250,000 --
Adams Junius G -- --
Adams Junius G $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Briante Amily B $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2019 03/04/19 Sold $540,000 -9.2% $126 / Sq Ft
01/07/2019 01/07/19 Pending -- -- --
08/23/2018 08/23/18 Price Changed $595,000 -14.8% $139 / Sq Ft
06/20/2018 06/20/18 For Sale $698,000 -- $163 / Sq Ft
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 $4,415 $865,090 $170,000 $695,090
2024 $3,578 $559,287 $90,000 $469,287
2023 $3,578 $559,287 $90,000 $469,287
2022 $3,333 $559,287 $90,000 $469,287
2021 $3,333 $559,287 $90,000 $469,287
2020 $3,376 $529,801 $125,000 $404,801
2019 $3,376 $529,801 $125,000 $404,801
2018 $3,271 $529,801 $125,000 $404,801
2017 $3,191 $613,630 $190,000 $423,630
2016 $3,709 $613,630 $190,000 $423,630
2015 $3,537 $0 $0 $0
2014 $3,537 $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: CAR3400742

Canopy MLS (Canopy Realtor® Association)

APN: P55-326

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