NOT LISTED FOR SALE

394 Rachel Bell Rd Mill Spring, NC 28756

Estimated Value: $1,163,000 - $1,933,000

3 Beds
3 Baths
3,794 Sq Ft
$384/Sq Ft Est. Value

Last Sold March 06, 2018

Last sale price $900,000 $237 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $8,505/month

246 Days on Market

Highlights

  • In Ground Pool
  • Outdoor Fireplace
  • Wood Flooring
  • Open Floorplan
  • Cathedral Ceiling
  • Whirlpool Bathtub

About This Home

As of March 2018

Inspiring Estate in the Blue Ridge Foothills, 5 miles to Tryon Int'l Equestrian Center. European Style Castle design w/custom stonework & quality throughout. Commercial kitchen w/granite & SS appliances. Great Rm w/massive beams, cathedral ceiling & stone FP w/antique mantle. Fabulous MBR suite w/FP & luxe bath, media Rm, Rec Rm, salt water POOL, 3 car garage, koi pond, Furnishings included! Excellent short term rental potential-Turn key investment. Builder's Personal Showcase Home - A Must See!

Last Agent to Sell the Property

Charles Burgess

Epic Life Realty Group License #254560 Listed on: 05/16/2017

Epic Life Realty Group

Last Buyer's Agent

Wendy Puffer

Keller Williams Professionals License #275858

Keller Williams Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • 6.45

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • Brick Driveway

Home Design

  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Pool

  • In Ground Pool
  • Spa

Additional Features

  • Outdoor Fireplace
  • Corner Lot

Listing and Financial Details

  • Assessor Parcel Number P92-47

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Ratio Close Price By List Price: 0.92793
  • Ratio Close Price By Original Li: 0.90000
  • Ratio Current Price By Acre: 139534.88
  • Ratio Current Price By Sq Ft: 237.22
  • Year Built: 2008
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cooktop Gas, Dishwasher, Double Oven, Dryer, Microwave, Refrigerator, Washer
  • Fireplace Description: Gas Logs, Living Room, Primary Bedroom, Porch, Rec Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Breakfast Bar, Built-Ins, Cathedral Ceiling(s), Hot Tub, Kitchen Island, Open Floorplan, Split BR Plan, Walk-In Closet(s), Whirlpool
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Basement: 1929
  • Main Level Sq Ft: 1865
  • Total Sq Ft: 3794

Exterior Features

  • Construction: Fiber Cement, Hard Stucco, Stone
  • Construction Type: Site Built
  • Exterior Features: Hot Tub, Pool-In-Ground, Outdoor Fireplace
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Brick, Concrete
  • Parking: Garage - 3 Car

Utilities

  • Heating: Gas Hot Air Furnace, Heat Pump - AC, Heat Pump - Heat, Multizone A/C, MultiZone Heat
  • Sewer: Septic Tank
  • Water: Shared Well
  • Water Heater: Propane

Condo/Co-op/Association

  • Association Fee: 600.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Corner Lot, Paved Frontage
  • Lot Size Area: 6.450
  • Parcel Number: P92-47
  • Zoning Specification: OPEN

Tax Info

  • Tax Value: 557682.00
  • Tax Amount Ncm: 3355.00
  • Tax Location: Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2017
Closed on
Mar 5, 2018
Sold by
Dressendofer Phillip E and Dressendofer Michele M
Bought by
Ortiz Carlos M and Ortiz Doris C
Seller's Agent
Charles Burgess
Epic Life Realty Group
Buyer's Agent
Wendy Puffer
Keller Williams Professionals
List Price
$1,000,000
Sold Price
$900,000
Premium/Discount to List
-$100,000
-10%
Current Estimated Value
$1,456,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$556,555
Avg. Annual Appreciation
6.95%
Original Mortgage
$600,000
Outstanding Balance
$514,457
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$972,655

Purchase Details

Closed on
May 22, 2013
Sold by
International Paper Company
Bought by
Brp Llc

Purchase Details

Closed on
Jan 3, 2013
Sold by
Dressendofer Phillip E
Bought by
Dressendofer Phillip E and Dressendofer Michele M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2006
Sold by
Green River Developers Llc
Bought by
Green River Farms Property

Purchase Details

Closed on
Apr 4, 2005
Sold by
Green River Development Llc
Bought by
Dressendofer Phillip E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.57%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 5, 2002
Bought by
Dressendofer Phillip E
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
Ortiz Carlos M $900,000 --
Brp Llc -- None Available
Dressendofer Phillip E -- None Available
Green River Farms Property -- None Available
Dressendofer Phillip E $35,500 None Available
Dressendofer Phillip E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Carlos M $600,000
Previous Owner Dressendofer Phillip E $75,000
Previous Owner Dressendofer Phillip E $391,000
Previous Owner Dressendoffer Phillip E $408,163
Previous Owner Dressendofer Phillip E $50,000
Previous Owner Dressendofer Phillip E $417,000
Previous Owner Dressenoofer Phillip E $435,000
Previous Owner Dressendofer Phillip E $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2018 03/06/18 Sold $900,000 -10.0% $237 / Sq Ft
01/17/2018 01/17/18 Pending -- -- --
05/16/2017 05/16/17 For Sale $1,000,000 -- $264 / 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 $6,219 $972,215 $51,800 $920,415
2023 $6,219 $972,215 $51,800 $920,415
2022 $5,768 $972,215 $51,800 $920,415
2021 $5,768 $972,215 $51,800 $920,415
2020 $3,662 $575,018 $25,357 $549,661
2019 $3,662 $594,281 $25,357 $568,924
2018 $3,664 $594,281 $25,357 $568,924
2017 $3,575 $557,682 $25,357 $532,325
2016 $3,354 $557,682 $25,357 $532,325
2015 $3,218 $0 $0 $0
2014 $3,218 $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: CAR3259925

Canopy MLS (Canopy Realtor® Association)

APN: P92-47