NOT LISTED FOR SALE

3206 Lake Adger Pkwy Mill Spring, NC 28756

Estimated Value: $843,000 - $1,090,000

3 Beds
4.5 Baths
4,014 Sq Ft
$241/Sq Ft Est. Value

Last Sold September 22, 2021

Last sale price $720,000 $179 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,042/month

90 Days on Market

Highlights

  • Equestrian Center
  • Open Floorplan
  • Creek On Lot
  • Waterfront
  • Community Lake
  • Wood Flooring

About This Home

As of September 2021

This lovely water front home was perfectly designed for enjoyment! This home features a large open great room with a stone fireplace and large windows overlooking the outdoor patio and the beautiful mountain and lake views. The kitchen features granite countertops and stainless steel appliances. The home has 3 large bedroom suites plus an office/exercise room. It has too many features to list. All located on 2.31 acres on a creek with several natural falls which you can hear from the patio and porch. It includes a deeded marina slip in the Blue Ridge Overlook Marina- a short distance from the home.
Lake Adger is a 3250 acres planned community surrounding the lake with 14 miles of shoreline. It features miles of Equestrian/walking trails. It is conveniently located near Interstate 26 and Hwy 74 for easy access to surrounding areas, as well as Charlotte, Hendersonville and Asheville.

Last Agent to Sell the Property

Rachel Smith

Jim Smith & Associates Inc License #165661 Listed on: 05/25/2021

Last Buyer's Agent

Charlie Hopper

Charlie Hopper Realty License #192993

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 2.31

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Wood Burning Fireplace
  • Gas Log Fireplace

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Additional Features

  • Creek On Lot
  • Waterfront
  • Equestrian Center
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number P55-386

Community Details

Overview

  • Ipm Association, Phone Number (828) 650-6875
  • Built by Rowe
  • Community Lake

Amenities

  • Picnic Area

Recreation

  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Ratio Close Price By List Price: 0.96013
  • Ratio Close Price By Original Li: 0.86862
  • Ratio Current Price By Acre: 311688.31
  • Ratio Current Price By Sq Ft: 179.37
  • Year Built: 2004
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance
  • Upper Level Sq Ft: 1499
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 3
  • Equipment: Central Vacuum, Cooktop Gas, Dishwasher, Dryer, Refrigerator, Security System, Washer
  • Fireplace Description: Gas Logs, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 828-650-6875
  • Interior Amenities: Breakfast Bar, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Wet Bar
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Basement: 1004
  • Main Level Sq Ft: 1511
  • Total Sq Ft: 4014

Exterior Features

  • Construction: Fiber Cement, Hard Stucco
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Garage - 2 Car, Garage Door Opener

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Shared Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Equestrian Trails, Lake, Picnic Area, Walking Trails
  • Association Fee: 1000.00
  • Association Fee Frequency: Annually
  • HOA Management Company: IPM
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Creekfront, Lake, Lake Access, Mountain View, Natural Waterfall, Waterfront
  • Lot Size Area: 2.310
  • Parcel Number: P55-386
  • Zoning Specification: OPEN

Building Info

  • Builder Name: Rowe

Tax Info

  • Tax Value: 379331.00
  • Tax Location: Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Sep 17, 2021
Sold by
Palmer Billie Irene and Revocable Trust Billie Irene P
Bought by
Goldman Morris and London Bonnie
Seller's Agent
Rachel Smith
Jim Smith & Associates Inc
Buyer's Agent
Charlie Hopper
Charlie Hopper Realty
List Price
$828,900
Sold Price
$720,000
Premium/Discount to List
-$108,900
-13.14%
Current Estimated Value
$1,034,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,524
Avg. Annual Appreciation
9.27%

Purchase Details

Closed on
Dec 1, 2009
Sold by
Palmer Billie Irene
Bought by
Palmer Kenneth H and Palmer Billie I

Purchase Details

Closed on
Apr 16, 2004
Bought by
Palmer Kenneth H

Purchase Details

Closed on
Oct 23, 2000
Bought by
Palmer Kenneth H

Purchase Details

Closed on
Oct 21, 1999
Bought by
Palmer Kenneth H
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
Goldman Morris $720,000 None Available
Palmer Kenneth H -- None Available
Palmer Kenneth H -- --
Palmer Kenneth H $90,000 --
Palmer Kenneth H $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kenneth Harmon Palmer Ret $258,500
Previous Owner Kenneth Harmon Palmer Ret $100,000
Previous Owner Palmer Kenneth H $301,851
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2021 09/22/21 Sold $720,000 -4.0% $179 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
07/15/2021 07/15/21 Price Changed $749,900 -9.5% $187 / Sq Ft
05/25/2021 05/25/21 For Sale $828,900 -- $207 / 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 $3,536 $552,769 $112,500 $440,269
2023 $3,537 $552,769 $112,500 $440,269
2022 $3,295 $552,769 $112,500 $440,269
2021 $3,184 $534,040 $112,500 $421,540
2020 $2,427 $379,331 $100,000 $279,331
2019 $2,427 $379,331 $100,000 $279,331
2018 $2,352 $379,331 $100,000 $279,331
2017 $2,295 $458,751 $150,000 $308,751
2016 $2,765 $458,751 $150,000 $308,751
2015 $2,653 $0 $0 $0
2014 $2,653 $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: CAR3743873

Canopy MLS (Canopy Realtor® Association)

APN: P55-386