NOT LISTED FOR SALE

426 Lake Adger Pkwy Mill Spring, NC 28756

Estimated Value: $679,261 - $893,000

2 Beds
2.5 Baths
3,687 Sq Ft
$205/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $680,000 $184 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,469/month

47 Days on Market

Highlights

  • Spa
  • 3.39 Acre Lot
  • Deck
  • Waterfront
  • Open Floorplan
  • Living Room with Fireplace

About This Home

As of February 2023

Experience living in a park-like setting while listening to the tranquil sounds of Silver Creek from this beautiful Lake Adger home. You will be greeted by a unique two story curved stone entry which leads into the open concept living area. Entertain your guests from the kitchen while they enjoy the stone fireplace that reaches up to the vaulted ceiling. Designed for main level living, this floor also features a spacious primary suite with walk-in tile shower and laundry. A very unique architectural feature, the three story spiral staircase takes you to the upper level family room with bonus area for guests and craft room. It also leads down to a large family room that walks out to the perfect spot to enjoy nature. From the hot tub, this screened in patio surrounds you with all the beauty and serenity that this property has to offer. Access to the community equestrian/hiking trails located nearby. Lake Adger boat ramp and marina are just a short drive away. Come and see this one today

Last Agent to Sell the Property

JJ Murphy

Allen Tate/Beverly-Hanks Hendersonville License #297081 Listed on: 12/09/2022

Allen Tate/Beverly-Hanks Hendersonville

Co-Listed By

Heather Chambers

Allen Tate/Beverly-Hanks Hendersonville License #233014

Last Buyer's Agent

Ann Ferguson

Ferguson Real Estate & Associates License #287851

Ferguson Real Estate & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,683

Year Built

  • Built in 2007

Lot Details

  • 3.39 Acre Lot
  • Waterfront
  • Paved or Partially Paved Lot
  • Wooded Lot
  • Property is zoned OPEN

HOA Fees

Parking

  • 2 Car Attached Garage
  • Basement Garage

Home Design

  • European Architecture
  • Stone Siding

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Screened Porch
  • Water Views

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Spa
  • Deck
  • Outdoor Fireplace

Schools

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

Horse Facilities and Amenities

  • Riding Trail

Utilities

  • Zoned Cooling
  • Heat Pump System
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number P55-289, P55-288

Community Details

Overview

  • Ipm Corp Association, Phone Number (828) 650-6875
  • Lot 27 Association
  • Lake Adger Subdivision
  • Mandatory home owners association

Recreation

  • Recreation Facilities
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,683

Year Built

Built in 2007

Lot Details

0

HOA Fees

$166 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: European
  • Year Built: 2007
  • Restrictions: Architectural Review,Deed,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Stone, Paved
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 184.43
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1403
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 280
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 280
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1060
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 2463
  • Has Basement: Basement, Exterior Entry, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 1224
  • Fireplace Features: Gas Log, Living Room, Outside
  • Living Area: 3687
  • Bedroom Main: 2
  • Room Count: 17
  • Bedroom Basement: 0

Exterior Features

  • Exterior Features: Hot Tub
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Water
  • Water Body Name: Lake Adger
  • Waterfront Features: Boat Ramp – Community, Lake
  • Exclusions: CORNICE BOARD MOUNTED ON THE WALL IN THE MASTER BEDROOM
  • Waterfront Elevation: 1000
  • Construction Type: Fiber Cement, Stone
  • Patio And Porch Features: Covered, Deck, Rear Porch, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 636
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Main Level
  • Cooling: Ceiling Fan(s), Heat Pump, Zoned
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Recreation Area, Walking Trails
  • Association Fee: 1000
  • Association Fee Frequency: Annually
  • Association #2 Fee: 1000
  • Association #2 Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association: lot 27
  • Association Name: IPM CORP
  • Phone: 828-650-6875
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually
  • Association Email: WWW.IPMHOA.COM

Association/Amenities

  • Association Annual Expense: 2000.00

Schools

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

Lot Info

  • Lot Features: Paved, Wooded, Waterfront
  • Lot Size Area: 3.39
  • Lot Size Units: Acres
  • Parcel Number: P55-289, P55-288
  • Horse Amenities: Riding Trail
  • Lot Size Acres: 3.39
  • Lot Size Sq Ft: 147668
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OPEN

MLS Schools

  • Elementary School: Polk Central
  • High School: Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2018
Sold by
Nora Lynn Gallo T
Bought by
Cook Teddy L and Cook Gwen C
Current Estimated Value
$754,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2003
Bought by
Gallo Nora L

Purchase Details

Closed on
Sep 15, 2003
Bought by
Gallo Nora L

Purchase Details

Closed on
Jun 3, 2002
Bought by
Gallo Nora L
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
Cook Teddy L $410,000 --
Gallo Nora L -- --
Gallo Nora L -- --
Gallo Nora L $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor William Phillip $80,000
Open Cook Teddy L $303,150
Closed Cook Teddy L $307,500
Previous Owner Gallo Nora Lynne $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $680,000 -2.9% $184 / Sq Ft
12/09/2022 12/09/22 For Sale $699,999 -- $190 / 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 $2,683 $419,488 $23,480 $396,008
2023 $2,683 $419,488 $23,480 $396,008
2022 $2,509 $419,488 $23,480 $396,008
2021 $2,509 $419,488 $23,480 $396,008
2020 $2,290 $357,477 $54,350 $303,127
2019 $2,273 $357,477 $54,350 $303,127
2018 $2,218 $357,477 $54,350 $303,127
2017 $2,165 $365,164 $54,350 $310,814
2016 $2,208 $365,164 $54,350 $310,814
2015 $2,116 $0 $0 $0
2014 $2,116 $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: 3928073

Canopy MLS (Canopy Realtor® Association)

APN: P55-289