RENTED MAR 21, 2025

454 Fallen Tree Ln Mill Spring, NC 28756

Estimated Value: $345,118 - $571,000

2 Beds
2 Baths
1,200 Sq Ft
$385/Sq Ft Est. Value

Last Sold September 29, 2020

Last sale price $289,900 $242 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,520/month

Highlights

  • Water Views
  • Wood Flooring
  • Breakfast Bar
  • Access To Lake
  • Screened Porch
  • Laundry Room

About This Home

As of March 2025

Live like your on permanant vacation in the mountains in this just right log cabin overlooking Lake Adger. Front porch, screened porch, and back deck with wooded scenery and long wide lake views all around. Recently remodeled, this delightful cabin couldn’t be more neat, clean and comfortable. 2BR + 2BA, open living room, stone fireplace, nice kitchen and dining area. Good internet to work from home. Lake Adger is a beautiful community with walking and horse trails (ok for dog walking). Lake Adger is a ‘quiet’ lake for kayaks and pontoons. Lake Adger is just south of Lake Lure. Tryon International Equestrian Center is about 30 minutes, as are The small towns of Columbus and Tryon. Airports nearby are Asheville and Charlotte. Available unfurnished. No drive by please. Showings by appointment.

Last Agent to Rent the Property

Lynne Perlmutter

Around Tryon Properties Brokerage Email: lynne@aroundtryon.com License #263086 Listed on: 03/10/2025

Last Renter's Agent

Lynne Perlmutter

Around Tryon Properties Brokerage Email: lynne@aroundtryon.com License #263086 Listed on: 03/10/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 1.32

Property Views

  • Water
  • Mountain

Home Design

  • Cabin

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Electric Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Driveway
  • 2 Open Parking Spaces

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Community Well
  • Septic Tank
  • Cable TV Available

Additional Features

  • Access To Lake
  • Riding Trail

Listing and Financial Details

  • Security Deposit $1,875
  • Property Available on 4/15/25
  • Tenant pays for all utilities
  • Assessor Parcel Number P54-134

Community Details

Overview

  • Lake Adger Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities
  • Furnished: Unfurnished
  • Pets Allowed: Conditional, Dogs OK
  • Lease Term: Other - See Remarks
  • Available Date: 2025-04-15
  • Security Deposit: 1875
  • Application Fee: 100

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 2002
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: ResidentialLease
  • Ratio CurrentPrice/TotalPropertyHLA: 1.58
  • Geocode Confidence: Medium
  • Attribution Contact: lynne@aroundtryon.com
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Breakfast Bar
  • Main Level Sq Ft: 1200
  • Sq Ft Unheated Total: 0
  • Appliances: Electric Range, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1200
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 1200
  • Bedroom Main: 2

Exterior Features

  • Exterior Features: Other - See Remarks
  • Roof: Shingle
  • View: Mountain(s), Water
  • Water Body Name: Lake Adger
  • Patio And Porch Features: Front Porch, Screened

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Central
  • Sewer: Septic Installed
  • Laundry Features: Inside
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Cable Available, Satellite Internet Available, Underground Utilities
  • Water Source: Community Well

Condo/Co-op/Association

  • Community Features: Lake Access, Walking Trails
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Views, Other - See Remarks
  • Lot Size Units: Acres
  • Parcel Number: P54-134
  • Horse Amenities: Riding Trail
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2020
Closed on
Sep 24, 2020
Sold by
Robert And Patricia Edmondson Living Tru and Edmondson Patricia Helen
Bought by
Knight Scott A and Knight Julie A
Seller's Agent
Rachel Smith
Jim Smith & Associates Inc
Buyer's Agent
Cricket Benfer
Asheville Luxury Brokers
List Price
$289,900
Sold Price
$289,900
Current Estimated Value
$462,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,130
Avg. Annual Appreciation
9.25%

Purchase Details

Closed on
Jul 3, 2003
Bought by
Edmondson Robert J

Purchase Details

Closed on
Sep 19, 2001
Bought by
Edmondson Robert J
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
Knight Scott A $290,000 None Available
Edmondson Robert J $220,000 --
Edmondson Robert J -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2025 03/21/25 Rented $1,895 +1.1% --
03/10/2025 03/10/25 For Rent $1,875 0.0% --
09/29/2020 09/29/20 Sold $289,900 0.0% $242 / Sq Ft View Prior Sale
08/25/2020 08/25/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $289,900 -- $242 / 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 $1,248 $248,393 $63,200 $185,193
2024 $1,334 $207,582 $63,200 $144,382
2023 $1,334 $207,582 $63,200 $144,382
2022 $1,328 $207,582 $63,200 $144,382
2021 $1,328 $207,582 $63,200 $144,382
2020 $1,184 $175,339 $63,200 $112,139
2019 $1,184 $175,339 $63,200 $112,139
2018 $1,202 $192,739 $80,600 $112,139
2017 $1,202 $187,338 $75,600 $111,738
2016 $1,131 $187,338 $75,600 $111,738
2015 $1,095 $0 $0 $0
2014 $1,095 $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: 4231757

Canopy MLS (Canopy Realtor® Association)

APN: P54-134