NOT LISTED FOR SALE

3558 Lake Adger Pkwy Mill Spring, NC 28756

Estimated Value: $1,091,000 - $1,447,000

3 Beds
3.5 Baths
4,880 Sq Ft
$255/Sq Ft Est. Value

Last Sold July 02, 2024

Last sale price $1,347,775 $276 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $7,537/month

24 Days on Market

Highlights

  • Docks
  • Boat Slip
  • Waterfront
  • Access To Lake
  • In Ground Pool
  • Open Floorplan

About This Home

As of July 2024

Welcome to your private lakefront oasis nestled on 2.55 acres along the shores of Lake Adger. Beyond a gated entrance, discover a secret haven with outstanding views of the surrounding mountains and breathtaking sunsets. This exceptional property boasts direct access to Lake Adger and the Green River, plus a deeded boat slip at the South Marina. Indulge in resort-style amenities, including a heated in-ground pool for year-round enjoyment, a charming screened gazebo for dining al fresco, plus a peaceful koi pond and waterfall. Gather around the fire pit on cool evenings or retreat to one of the multiple outdoor seating areas offering a unique perspective of the endless natural beauty. This completely updated home offers teak hardwood floors, updated kitchens, and abundant windows with views from nearly every room! The main level primary suite opens to a private deck and leads down to your own kayak launch. Plenty of space for guests and lakefront fun. Check out the video virtual tour!

Last Agent to Sell the Property

Christopher Battista

Allen Tate/Beverly-Hanks Hendersonville Brokerage Email: chris.battista@allentate.com License #230367 Listed on: 04/08/2024

Allen Tate/Beverly-Hanks Hendersonville

Co-Listed By

Annie Battista

Allen Tate/Beverly-Hanks Hendersonville Brokerage Email: chris.battista@allentate.com License #292652

Last Buyer's Agent

Steve Dubose

Mountain Home Properties License #133443

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,007

Year Built

  • Built in 2003

Lot Details

  • Waterfront
  • Private Lot
  • Paved or Partially Paved Lot
  • Sloped Lot
  • Wooded Lot
  • Property is zoned OU

HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Electric Gate
  • 4 Open Parking Spaces

Property Views

  • Water
  • Mountain

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Modern Architecture
  • Slab Foundation
  • Stone Veneer

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Sound System
  • Wired For Data
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • See Through Fireplace
  • Propane Fireplace
  • Insulated Windows
  • Pocket Doors
  • French Doors
  • Entrance Foyer
  • Great Room with Fireplace
  • Screened Porch
  • Pull Down Stairs to Attic
  • Home Security System
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Down Draft Cooktop
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Wood
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet

Partially Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Apartment Living Space in Basement
  • Crawl Space
  • Basement Storage
  • Natural lighting in basement

Outdoor Features

  • In Ground Pool
  • Access To Lake
  • Boat Slip
  • Docks
  • Wetlands on Lot
  • Deck
  • Patio
  • Terrace
  • Fire Pit
  • Gazebo
  • Outdoor Gas Grill

Schools

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

Horse Facilities and Amenities

  • Riding Trail

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Air Filtration System
  • Heat Pump System
  • Heating System Uses Propane
  • Underground Utilities
  • Generator Hookup
  • Shared Well
  • Tankless Water Heater
  • Propane Water Heater
  • Water Softener
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number P55-395

Community Details

Overview

  • Ipm Property Management For Lapoa Association, Phone Number (828) 650-6875
  • Ipm Property Management For Boatslip Association, Phone Number (828) 650-6875
  • Lake Adger Subdivision
  • Mandatory home owners association

Recreation

  • Water Sports
  • Trails

Additional Features

  • Picnic Area
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,007

Year Built

Built in 2003

Lot Details

0

HOA Fees

$115 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Modern, Traditional
  • Year Built: 2003
  • Restrictions: Short Term Rental Allowed,Other - See Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: Lake Adger POA CCR's
  • Second Living Quarters: Interior Connected,Separate Entrance,Separate Kitchen Facilities
  • Road Surface Type: Asphalt, Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 276.18
  • Geocode Confidence: High
  • Attribution Contact: chris.battista@allentate.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement, Crawl Space, Slab
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Built-in Features, Entrance Foyer, Open Floorplan, Pantry, Split Bedroom, Storage, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Wet Bar, Other - See Remarks
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 3170
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 532
  • Sq Ft Unheated Total: 532
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Down Draft, Filtration System, Gas Cooktop, Microwave, Propane Water Heater, Refrigerator, Tankless Water Heater, Wall Oven, Warming Drawer, Washer/Dryer, Water Softener, Wine Refrigerator, Other
  • Other Equipment: Generator Hookup, Network Ready, Surround Sound
  • Above Grade Finished Sq Ft: 3170
  • Has Basement: Apartment, Daylight, Exterior Entry, Interior Entry, Partially Finished, Storage Space, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1710
  • Door Features: French Doors, Insulated Door(s), Pocket Doors, Sliding Doors
  • Fireplace Features: Fire Pit, Gas, Gas Log, Great Room, Propane, See Through
  • Living Area: 4880
  • Window Features: Insulated Window(s), Skylight(s)
  • Bedroom Main: 2
  • Room Count: 16
  • Bedroom Basement: 1

Exterior Features

  • Exterior Features: Fire Pit, Dock, Gas Grill, In Ground Pool, Other - See Remarks
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Long Range, Mountain(s), Water, Winter, Year Round
  • Water Body Name: Lake Adger
  • Waterfront Features: Boat Ramp – Community, Boat Slip (Deed), Paddlesport Launch Site, Other - See Remarks
  • Exclusions: Wine coolers in basement do not convey.
  • Waterfront Elevation: 1000
  • Construction Type: Fiber Cement, Stone Veneer
  • Other Structures: Gazebo
  • Patio And Porch Features: Awning(s), Covered, Deck, Front Porch, Patio, Porch, Rear Porch, Screened, Side Porch, Terrace, Wrap Around, Other - See Remarks

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 687
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway, Electric Gate, Attached Garage, Garage Door Opener, Garage Faces Side, Keypad Entry

Utilities

  • Heating: Central, Forced Air, Heat Pump, Propane, Radiant Floor, Zoned
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room, Lower Level, Main Level, Multiple Locations, Sink
  • Security: Security System
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump, Multi Units, Zoned
  • Utilities: Electricity Connected, Phone Connected, Propane, Underground Utilities, Other - See Remarks
  • Water Source: Shared Well, Well, Other - See Remarks

Condo/Co-op/Association

  • Community Features: Lake Access, Picnic Area, Walking Trails, Other
  • Association Fee: 1300
  • Association Fee Frequency: Annually
  • Association #2 Fee: 86.46
  • Association #2 Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association: IPM Property Management for Boatslip
  • Association Name: IPM Property Management for LAPOA
  • Association Phone #2: 828-650-6875
  • Phone: 828-650-6875
  • ResoAssociationFeeFrequency: Annually
  • Association Email: info@ipmhoa.com

Association/Amenities

  • Association Annual Expense: 1386.46
  • Association Email 2: info@ipmhoa.com

Schools

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

Lot Info

  • Lot Features: Flood Fringe Area, Paved, Pond(s), Private, River Front, Sloped, Wooded, Views, Waterfall - Artificial, Waterfront, Wetlands, Other - See Remarks
  • Lot Size Area: 2.55
  • Lot Size Units: Acres
  • Parcel Number: P55-395
  • Zoning: OU
  • Horse Amenities: Riding Trail
  • Additional Parcels Description: P55-488
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OU

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Polk Central
  • High School: Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
Jun 24, 2024
Sold by
Malik Sanjay and Malik Linda
Bought by
Boyle Robert N and Boyle Berniece E
Seller's Agent
Christopher Battista
Allen Tate/Beverly-Hanks Hendersonville
Buyer's Agent
Steve Dubose
Mountain Home Properties
List Price
$1,450,000
Sold Price
$1,347,775
Premium/Discount to List
-$102,225
-7.05%
Views
96
Current Estimated Value
$1,279,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$68,317
Avg. Annual Appreciation
9.40%
Original Mortgage
$620,000
Outstanding Balance
$615,336
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$875,144

Purchase Details

Closed on
Jul 1, 2013
Sold by
Malik Sanjay and Malik Linda
Bought by
Anchor Mg Management Consultants Inc

Purchase Details

Closed on
Mar 30, 2009
Sold by
Malik Sanjay and Malik Linda
Bought by
Malik Sanjay and Malik Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 15, 2008
Sold by
Indymac Bank Fsb
Bought by
Malik Sanjay and Malik Linda

Purchase Details

Closed on
Jan 3, 2008
Sold by
Prah Peggy M and Mellies Margot J
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
Dec 6, 1999
Bought by
Anchor Mg Management
Source: Public Records

Range of Values:

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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
Boyle Robert N $1,348,000 None Listed On Document
Anchor Mg Management Consultants Inc -- None Available
Malik Sanjay -- None Available
Malik Sanjay $549,000 None Available
Indymac Bank Fsb $831,948 None Available
Anchor Mg Management $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyle Robert N $620,000
Previous Owner Malik Sanjay B $500,000
Previous Owner Malik Sanjay $500,000
Previous Owner Prah Peggy M $800,000
Previous Owner Prah Peggy M $135,000
Previous Owner Mellies Margot J $815,000
Previous Owner Prah Peggy M $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $1,347,775 -7.1% $276 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
04/13/2024 04/13/24 For Sale $1,450,000 -- $297 / 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 $5,007 $782,700 $90,000 $692,700
2023 $5,007 $782,700 $90,000 $692,700
2022 $4,651 $782,700 $90,000 $692,700
2021 $4,451 $748,831 $90,000 $658,831
2020 $3,790 $595,384 $100,000 $495,384
2019 $3,790 $595,384 $100,000 $495,384
2018 $3,671 $595,384 $100,000 $495,384
2017 $3,582 $704,874 $150,000 $554,874
2016 $4,231 $704,874 $150,000 $554,874
2015 $4,058 $0 $0 $0
2014 $4,058 $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: 4126712

Canopy MLS (Canopy Realtor® Association)

APN: P55-395