NOT LISTED FOR SALE

383 Silver Ridge Rd Mill Spring, NC 28756

Estimated Value: $2,354,526 - $3,040,000

6 Beds
6.5 Baths
6,032 Sq Ft
$437/Sq Ft Est. Value

Last Sold June 16, 2021

Last sale price $2,050,000 $340 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $14,864/month

41 Days on Market

Highlights

  • Equestrian Center
  • Community Lake
  • Vaulted Ceiling
  • In Ground Pool
  • Hilly Lot
  • Outdoor Fireplace

About This Home

As of June 2021

Think elegant French Chateau on a luxurious 16+ acre country estate with 360 degree mountain and lake views. This European style home with unparalleled craftsmanship offers the conveniences of a "smart" home built with the elegance of another era. From the soaring, beamed ceilings to the walnut floors, to the library with its built-in bookcases and the gourmet chef's kitchen, the attention to details and quality is impressive. 4 bedrooms in the main house include 2 master en-suites; second level bedroom with Juliet balcony; hand painted murals. Media room. Temperature controlled garage parking for 8+ cars. 2 bdrm, 1 bth guest apartment above the detached garage. Outdoors enjoy an expansive deck, inground pool, covered outdoor kitchen, fireplace and firepit, & your own putting green. Deeded marina slip on Lake Adger is included as well as an adjacent 2.36 acre lot. Only 18 mins to Tryon Intl Equestrian Ctr; convenient to airports in Asheville & Greenville. Gated drive. Private community

Last Agent to Sell the Property

Laura Pegram

Ivester Jackson Christie's License #274857 Listed on: 04/02/2021

Co-Listed By

Carol Parker

Tryon Horse & Home LLC License #285152

Last Buyer's Agent

Trip Howell

Mosaic Community Lifestyle Realty License #284262

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • Front Green Space
  • Irrigation
  • Hilly Lot
  • Many Trees

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • Attached Garage
  • Brick Driveway

Home Design

  • European Architecture

Interior Spaces

  • Vaulted Ceiling
  • Gas Log Fireplace
  • Window Treatments
  • Mud Room

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Outdoor Fireplace
  • Outdoor Kitchen
  • Terrace
  • Fire Pit
  • Gazebo

Horse Facilities and Amenities

  • Equestrian Center

Utilities

  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number P54-194
  • Tax Block 348

Community Details

Overview

  • Ipm Association
  • Built by Dressendorf
  • Community Lake

Recreation

  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

HOA Fees

$83 per month

Parking

4

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: European
  • Ratio Close Price By List Price: 0.85452
  • Ratio Close Price By Original Li: 0.85452
  • Ratio Current Price By Acre: 121086.83
  • Ratio Current Price By Sq Ft: 339.85
  • Year Built: 2005
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished
  • Upper Level Sq Ft: 867
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7.00
  • Total Bedrooms: 6
  • Equipment: Beverage Refrigerator, Ceiling Fan(s), Cooktop Gas, Dishwasher, Exhaust Hood, Freezer, Gas Range, Microwave, Surround Sound, Wine Refrigerator
  • Fireplace Description: Gas Logs, Great Room, Primary Bedroom
  • Fireplace: Yes
  • Flooring: Carpet, Slate, Tile, Wood
  • Interior Amenities: Breakfast Bar, Built-Ins, Cable Available, Drop Zone, Garden Tub, Hot Tub, Kitchen Island, Pantry, Vaulted Ceiling, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main
  • Room Count: 4
  • Second Living Quarters: Separate Living Quarters
  • Second Living Quarters Hla: 1206
  • Second Living Quarters Sq Ft: 1656
  • Lower Level Sq Ft: 1899
  • Main Level Sq Ft: 3266
  • Total Sq Ft: 6032
  • Sq Ft Unheated Lower: 279
  • Sq Ft Unheated Main: 815
  • Sq Ft Unheated Total: 1094

Exterior Features

  • Construction Type: Site Built
  • Exterior Features: Fire pit, Gazebo, Hot Tub, In-Ground Irrigation, Outdoor Fireplace, Outdoor Kitchen, Pool-In-Ground, Rooftop Terrace, Terrace, Wired Internet Available

Garage/Parking

  • Driveway: Brick, Concrete, Gated
  • Parking: Attached Garage, Detached Garage, Garage - 4+ Car, Garage Door Opener, Keypad Entry, Parking Space - 4+

Utilities

  • Heating: Central Air
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: g-On-Demand Water Heater

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Green Area, Hilly, Long Range View, Mountain View, Trees, Views, Water view, Year Round View
  • Parcel Number: P54-194
  • Plat Book Slide: E
  • Zoning Specification: Unzoned

Building Info

  • Builder Name: Dressendorf

Tax Info

  • Tax Value: 2216279.00
  • Tax Block: 348
  • Tax Location: Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
Jun 14, 2021
Sold by
Earley Sean and Earley Amanda
Bought by
Usenko Alexander and Kuzmenko Olena
Seller's Agent
Laura Pegram
Ivester Jackson Christie's
Buyer's Agent
Trip Howell
Mosaic Community Lifestyle Realty
List Price
$2,399,000
Sold Price
$2,050,000
Premium/Discount to List
-$349,000
-14.55%
Current Estimated Value
$2,636,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$586,842
Avg. Annual Appreciation
5.69%

Purchase Details

Closed on
Jun 7, 2018
Sold by
Michael D Mesch Lt
Bought by
Michael D Mesch Lt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,255,000
Interest Rate
3.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 29, 2007
Sold by
Mesch Michael D and Mesch Lauren L
Bought by
Mesch Michael D and Mesch Lauren L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 31, 2007
Sold by
Mesch Michael D and Mesch Lauren L
Bought by
Mesch Michael D and Mesch Lauren L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 28, 2003
Bought by
Mesch Michael D Trustee

Purchase Details

Closed on
Sep 18, 2002
Bought by
Mesch Michael D Trustee

Purchase Details

Closed on
Aug 1, 2002
Bought by
Mesch Michael D Trustee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Usenko Alexander $2,050,000 None Available
Usenko Alexander $2,050,000 None Listed On Document
Michael D Mesch Lt -- --
Mesch Michael D -- None Available
Mesch Michael D -- None Available
Mesch Michael D Trustee $229,000 --
Mesch Michael D Trustee $140,000 --
Mesch Michael D Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Michael D Mesch Lt $1,255,000
Previous Owner Mesch Michael D $999,999
Previous Owner Mesch Michael D $470,001
Previous Owner Mesch Michael D $999,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2021 06/16/21 Sold $2,050,000 -14.5% $340 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $2,399,000 +59.9% $398 / Sq Ft
09/23/2019 09/23/19 Sold $1,500,000 -11.8% $249 / Sq Ft View Prior Sale
08/05/2019 08/05/19 Pending -- -- --
06/25/2019 06/25/19 Price Changed $1,700,000 -15.0% $282 / Sq Ft
02/20/2019 02/20/19 Price Changed $1,999,999 -13.0% $332 / Sq Ft
09/29/2018 09/29/18 For Sale $2,299,000 -- $381 / 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
2025 $11,584 $2,305,824 $190,700 $2,115,124
2024 $11,308 $1,759,137 $123,420 $1,635,717
2023 $11,343 $1,759,137 $123,420 $1,635,717
2022 $10,991 $1,759,137 $123,420 $1,635,717
2021 $10,991 $1,759,137 $123,420 $1,635,717
2020 $14,044 $2,137,778 $111,420 $2,026,358
2019 $13,912 $2,137,778 $111,420 $2,026,358
2018 $12,975 $2,137,778 $111,420 $2,026,358
2017 $12,975 $2,330,167 $141,775 $2,188,392
2016 $13,679 $2,330,167 $141,775 $2,188,392
2015 $13,222 $0 $0 $0
2014 $13,222 $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: CAR3721098

Canopy MLS (Canopy Realtor® Association)

APN: P54-194