NOT LISTED FOR SALE

350 Lynch Rd Mill Spring, NC 28756

Estimated Value: $452,000

2 Beds
2 Baths
1,313 Sq Ft
$344/Sq Ft Est. Value

Sale Details

Date Sold: May 1, 2023

Last sale price $600,000 $457 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $2,522 / mo

121 Days on Market

Highlights

  • Equestrian Center
  • 12 Acre Lot
  • Living Room with Fireplace
  • Waterfront
  • Private Lot
  • Wooded Lot

About This Home

As of May 2023

Mini horse farm on 12 private acres and only 15 minutes too the Tryon International Equestrian Center. This adorable cabin with a view of the pond offers both privacy and utility. As you meander down the drive, the property will open up and you will pass a gorgeous pond on your right and see the home in front of you. At the rear of the home you will see the nice barn and horse pasture. The owners planned the parking area large enough to accommodate a horse trailer and there is plenty of room to turn around between the barn and cabin. The 884 square foot barn in the back has four horse stalls and two utility/tack stalls with hay storage area in the upper portion. There is also a water supply at the barn. The horse pasture is on the gentle knoll to the side of the home, but the property includes several acres behind the barn as well. The home has large covered porches, an updated kitchen, and a full basement. Come see this unique property and make it your own.

Last Agent to Sell the Property

Kyle Rhodes

Keller Williams Mtn Partners, LLC Brokerage Email: kylerhodesrealtor@gmail.com License #335835 Listed on: 10/31/2022

Keller Williams Mtn Partners, LLC

Co-Listed By

Cindi Rhodes

Keller Williams Mtn Partners, LLC Brokerage Email: kylerhodesrealtor@gmail.com License #326631

Last Buyer's Agent

Margaret Price

Preferred Properties License #190772

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • 12 Acre Lot
  • Waterfront
  • Private Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned MU

Home Design

  • Ranch Style House
  • Composition Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • Ceiling Fan
  • Gas Log Fireplace
  • Propane Fireplace
  • Living Room with Fireplace
  • Water Views
  • Pull Down Stairs to Attic
  • Electric Oven

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Basement

  • Interior and Exterior Basement Entry
  • Workshop

Parking

  • Garage
  • Basement Garage
  • Driveway
  • 4 Open Parking Spaces

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit

Schools

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

Farming

  • Feed Barn
  • Machine Shed

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Equestrian Center

Listing and Financial Details

  • Assessor Parcel Number P68-11

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

12 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1989
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 456.97
  • Attribution Contact: kylerhodesrealtor@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Other - See Remarks
  • Flooring: Laminate, Wood
  • Interior Amenities: Attic Stairs Pulldown
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1313
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1313
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1313
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Oven, Electric Water Heater
  • Above Grade Finished Sq Ft: 1313
  • Accessibility Features: Two or More Access Exits
  • Has Basement: Basement Garage Door, Basement Shop, Exterior Entry, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Fire Pit, Gas Log, Living Room, Propane
  • Living Area: 1313
  • Bedroom Main: 2

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • View: Water
  • Water Body Name: Pond
  • Waterfront Features: Paddlesport Launch Site
  • Construction Type: Concrete Block, Log, Shingle/Shake, Wood
  • Other Structures: Barn(s), Feed Barn, Tractor Shed
  • Patio And Porch Features: Covered, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Garage Yn: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Basement, Driveway, Parking Space(s)

Utilities

  • Heating: Heat Pump, Wood Stove
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, In Basement
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Cable Available, Underground Power Lines
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Polk
  • HOA Subject To: None

Lot Info

  • Lot Features: Open Lot, Private, Wooded, Waterfront
  • Lot Size Units: Acres
  • Parcel Number: P68-11
  • Zoning: MU
  • Plat Book Slide: E/2513
  • Plat Reference Section Pages: E\2513
  • Horse Amenities: Equestrian Facilities
  • Lot Size Acres: 12
  • Lot Size Sq Ft: 522720
  • Additional Parcels Description: P68-27
  • ResoLotSizeUnits: Acres
  • Zoning Specification: MU

MLS Schools

  • Elementary School: Sunnyview
  • High School: Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2022
Closed on
Apr 25, 2023
Sold by
Hare Derek C and Hare Angela R
Bought by
Argus Bradley J and Argus Heather M
Seller's Agent
Kyle Rhodes
Keller Williams Mtn Partners, LLC
Buyer's Agent
Margaret Price
Preferred Properties
List Price
$699,000
Sold Price
$600,000
Premium/Discount to List
-$99,000
-14.16%
Views
86
Current Estimated Value
$452,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$148,000
Avg. Annual Appreciation
-9.04%
Original Mortgage
$576,550
Outstanding Balance
$555,243
Interest Rate
5%
Mortgage Type
VA
Estimated Equity
-$103,243

Purchase Details

Listed on
Apr 23, 2014
Closed on
Sep 18, 2014
Bought by
Hare Derek C
Seller's Agent
Bonnie Lingerfelt
Coldwell Banker Advantage
Buyer's Agent
Margo Barbee
Howard Hanna Beverly-Hanks
List Price
$299,000
Sold Price
$265,000
Premium/Discount to List
-$34,000
-11.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%

Purchase Details

Closed on
Oct 5, 2011
Sold by
Greene Travis S and The Estate Of Joe Thomas Gilbe
Bought by
Gilbert Susan H

Purchase Details

Closed on
May 25, 1990
Bought by
Hare Derek C
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
Argus Bradley J $600,000 None Listed On Document
Hare Derek C $265,000 --
Gilbert Susan H -- None Available
Hare Derek C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Argus Bradley J $576,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2023 05/01/23 Sold $600,000 -10.4% $457 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
02/09/2023 02/09/23 Price Changed $669,900 -4.2% $510 / Sq Ft
10/31/2022 10/31/22 For Sale $699,000 +163.8% $532 / Sq Ft
09/18/2014 09/18/14 Sold $265,000 -11.4% $194 / Sq Ft View Prior Sale
08/19/2014 08/19/14 Pending -- -- --
04/23/2014 04/23/14 For Sale $299,000 -- $219 / Sq Ft
Source: Canopy MLS

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 $1,703 $339,061 $50,000 $289,061
2024 $1,475 $229,429 $20,000 $209,429
2023 $1,475 $229,429 $20,000 $209,429
2022 $1,464 $229,429 $20,000 $209,429
2021 $1,464 $229,429 $20,000 $209,429
2020 $1,134 $169,507 $15,000 $154,507
2019 $1,146 $169,507 $15,000 $154,507
2018 $1,061 $169,507 $15,000 $154,507
2017 $1,005 $153,277 $15,000 $138,277
2016 $932 $153,277 $15,000 $138,277
2015 $902 $0 $0 $0
2014 $902 $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: 3914123

Canopy MLS

APN: P68-11

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