NOT LISTED FOR SALE

2885 Lake Adger Pkwy Unit 25 Mill Spring, NC 28756

Estimated Value: $540,969 - $842,000

3 Beds
2 Baths
1,986 Sq Ft
$348/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $379,900 $191 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,007/month

2 Days on Market

Highlights

  • 14.05 Acre Lot
  • Hilly Lot
  • Wooded Lot
  • Deck
  • Private Lot
  • Vaulted Ceiling

About This Home

As of March 2021

14.05 Ac in beautiful Lake Adger. Being sold under tax value! of $409,273 as of 2021. Property has equestrian trails to the rear of the property, Very private and room to add in guest house, barn or just make it into your family compound.. Fishing, paddle boarding, kayaking and boating on the lake a favorite pastime (max horse power restrictions). Roof done in May 2018 New HVAC in 2016 new well pump 2016. Horses OK.. 1 Horse per cleared acre. Internet is windstream (great if you work from home) Basement is ready to be finished for more living area. A fireplace and plumbed wet bar and full bath ready to go. Oversized 2 car detached garage and large storage shed to make sure you have all the storage one could ever need!

Last Agent to Sell the Property

Adrienne Reilly

NorthGroup Real Estate LLC Brokerage Email: contact@adriennereilly.com License #289586 Listed on: 02/05/2021

NorthGroup Real Estate LLC

Last Buyer's Agent

Natalie Shaw

Allen Tate/Beverly-Hanks Asheville-Downtown License #283194

Allen Tate/Beverly-Hanks Asheville-Downtown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,618

Year Built

  • Built in 2000

Lot Details

  • 14.05 Acre Lot
  • Private Lot
  • Paved or Partially Paved Lot
  • Hilly Lot
  • Wooded Lot
  • Property is zoned R-3

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Basement Garage
  • Workshop in Garage

Home Design

  • Cabin
  • Wood Siding
  • Rough-Sawn Siding
  • Stone Siding
  • Log Siding

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Linoleum Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Workshop

Accessible Home Design

  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits

Outdoor Features

  • Deck
  • Covered patio or porch
  • Separate Outdoor Workshop
  • Shed

Schools

  • Sunnyview Elementary School
  • Polk Middle School
  • Polk High School

Horse Facilities and Amenities

  • Riding Trail

Utilities

  • Vented Exhaust Fan
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number P55-423

Community Details

Overview

  • Lake Adger Subdivision
  • Mandatory home owners association

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,618

Year Built

Built in 2000

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 2000
  • Restrictions: Building,Livestock Restriction,Manufactured Home Not Allowed
  • Restrictions Description: square footage Horse and household pets allowed
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 191.29
  • Attribution Contact: contact@adriennereilly.com
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Flooring: Carpet, Linoleum
  • Interior Amenities: Attic Stairs Pulldown, Vaulted Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1986
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1986
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1986
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Water Heater, Exhaust Fan, Washer
  • Above Grade Finished Sq Ft: 1986
  • Accessibility Features: Two or More Access Exits, Door Width 32 Inches or More
  • Has Basement: Basement, Basement Shop, Exterior Entry, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Living Room, Other - See Remarks
  • Living Area: 1986
  • Bedroom Main: 3
  • Room Count: 10
  • Bedroom Basement: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Water Body Name: Lake Adger
  • Waterfront Features: Lake
  • Exclusions: Refrigerator
  • Waterfront Elevation: 1500
  • Construction Type: Concrete Block, Log, Rough Sawn, Stone, Wood
  • Other Structures: Shed(s), Workshop
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch, Other - See Remarks

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 784
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage, Garage Shop

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Main Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s), Heat Pump
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Recreation Area
  • Association Fee: 1000
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

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

Lot Info

  • Lot Features: Hilly, Paved, Private, Wooded
  • Lot Size Area: 14.05
  • Lot Size Units: Acres
  • Parcel Number: P55-423
  • Zoning: R-3
  • Plat Book Slide: F-5
  • Plat Reference Section Pages: D-565
  • Horse Amenities: Riding Trail
  • Lot Size Acres: 14.05
  • Lot Size Sq Ft: 612018
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Res

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Sunnyview
  • High School: Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Mar 18, 2021
Sold by
Young Virginia A
Bought by
Felman Rebecca S and Anders Christopher J
Seller's Agent
Adrienne Reilly
NorthGroup Real Estate LLC
Buyer's Agent
Natalie Shaw
Allen Tate/Beverly-Hanks Asheville-Downtown
List Price
$374,900
Sold Price
$379,900
Premium/Discount to List
$5,000
1.33%
Current Estimated Value
$671,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,176
Avg. Annual Appreciation
14.72%
Original Mortgage
$301,600
Outstanding Balance
$274,024
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$419,335

Purchase Details

Closed on
Jul 23, 1999
Bought by
Young Clifton R

Purchase Details

Closed on
Jun 1, 1999
Bought by
Young Clifton R
Source: Public Records

Range of Values:

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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
Felman Rebecca S $380,000 None Available
Young Clifton R $52,000 --
Young Clifton R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Felman Rebecca S $301,600
Previous Owner Young Virginia A $105,000
Previous Owner Young Clifton R $25,000
Previous Owner Young Clifton R $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $379,900 +1.3% $191 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $374,900 -- $189 / 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 $2,618 $409,273 $98,300 $310,973
2023 $2,618 $409,273 $98,300 $310,973
2022 $2,448 $409,273 $98,300 $310,973
2021 $2,448 $409,273 $98,300 $310,973
2020 $2,260 $352,834 $108,300 $244,534
2019 $2,260 $352,834 $108,300 $244,534
2018 $2,190 $352,834 $108,300 $244,534
2017 $2,137 $370,251 $137,875 $232,376
2016 $2,239 $370,251 $137,875 $232,376
2015 $2,148 $0 $0 $0
2014 $2,148 $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: 3704465

Canopy MLS (Canopy Realtor® Association)

APN: P55-423