$405,119 - $592,000
RENTED MAR 21, 2025

454 Fallen Tree Ln Mill Spring, NC 28756

2 Beds
2 Baths
1,200 Sq Ft
$419 Price per Sq Ft

Last Sold September 29, 2020

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

Est. 74% increase in value since last sale

Current estimated payment $2,901/month

About This Home

As of September 2020

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.

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
$503,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,380
Avg. Annual Appreciation
12.65%

Purchase Details

Closed on
Jul 3, 2003
Bought by
Edmondson Robert J

Purchase Details

Closed on
Sep 19, 2001
Bought by
Edmondson Robert J

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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

Mortgage History

Date Status Borrower Loan Amount
Open Knight Scott A $200,000
Previous Owner Edmondson Robert James $140,000
Previous Owner Edmondson Robert J $164,500
Previous Owner Emondson Robert J $162,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
08/25/2020 08/25/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $289,900 -- $242 / Sq Ft

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 $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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