NOT LISTED FOR SALE

477 Silver Creek Rd Mill Spring, NC 28756

Estimated Value: $336,219 - $429,000

3 Beds
3 Baths
1,550 Sq Ft
$247/Sq Ft Est. Value

Last Sold November 23, 2020

Last sale price $230,000 $148 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,153/month

74 Days on Market

Highlights

  • Private Lot
  • Wood Flooring
  • Many Trees
  • Arts and Crafts Architecture

About This Home

As of November 2020

BACK ON MARKET. NO FAULIT OF SELLER! Adorable arts and crafts duplex with so many possibilities. Make one side a home for yourself, lease the other unit; rent both sides; use as a single or double air b&b. Very unusual to find a duplex with so much charm and character. Each unit has its own private covered porch entry. Gorgeous hardwood flooring, spacious rooms and tall ceilings greet you as you enter. Unit one has two bedrooms and two full baths. Ample closet space, ceiling fans, bright and sunny exposure are features of both sides. Each kitchen has granite counter tops, ample cabinets ,and all needed appliances. A screened porch is attached to each unit. The grounds are private and well maintained as are the building and interiors. Unit one has a 2 car carport attached. There is also a double garage on the property. Located very close to Polk County Middle School and Polk County Recreational Facilities. A great opportunity!

Last Agent to Sell the Property

Catherine Cunningham

CMC Properties of WNC LLC License #15847 Listed on: 08/10/2020

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2010

Lot Details

  • Private Lot
  • Level Lot
  • Many Trees

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Arts and Crafts Architecture

Additional Features

  • Wood Flooring
  • 3 Full Bathrooms
  • Crawl Space
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number P70-74

Property Details

Home Type

Multi-Family

Year Built

Built in 2010

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Arts and Crafts
  • Ratio Close Price By List Price: 0.95873
  • Ratio Close Price By Original Li: 0.95873
  • Ratio Current Price By Acre: 230000.00
  • Ratio Current Price By Sq Ft: 148.39
  • Year Built: 2010
  • Property Features: Dishwasher, Porch/Patio, Range/Oven, Refrigerator, Shop - Garage
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Flooring: Wood
  • Laundry Location: Main, Closet
  • Total Sq Ft: 1550

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 2 Car, Detached Garage, Garage - 1 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Features: Level, Private, Trees
  • Lot Size Area: 1.000
  • Parcel Number: P70-74
  • Zoning Specification: OPEN

Tax Info

  • Tax Value: 178042.00
  • Tax Location: Polk

Multi Family

  • Unit Count: 3
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2020
Closed on
Nov 23, 2020
Sold by
Bishton Chanel D
Bought by
Waddell Christopher Eric and Waddell Jennifer Jane
Seller's Agent
Catherine Cunningham
CMC Properties of WNC LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%
Total Days on Market
74
Current Estimated Value
$382,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,610
Avg. Annual Appreciation
11.83%
Original Mortgage
$172,500
Outstanding Balance
$154,895
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$227,715

Purchase Details

Listed on
Aug 10, 2020
Closed on
Oct 7, 2020
Sold by
Bishton Chanel D
Bought by
Waddell Christopher Eric and Waddell Jennifer Jane
Seller's Agent
Catherine Cunningham
CMC Properties of WNC LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Outstanding Balance
$154,895
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$227,715

Purchase Details

Listed on
Mar 11, 2019
Closed on
Dec 30, 2019
Sold by
Young Jonathan H and Young Julius S
Bought by
Bishton Chanel D
Seller's Agent
Jeff Byrd
Walker Wallace and Emerson Realty
Buyer's Agent
Jeff Byrd
Walker Wallace and Emerson Realty
List Price
$235,000
Sold Price
$182,500
Premium/Discount to List
-$52,500
-22.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.31%
Original Mortgage
$136,875
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2009
Sold by
Young Julius Smith and Jonathan Henry Young Trust
Bought by
Young Jonathan Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 19, 2006
Sold by
Searcy Jimmy Earl and Searcy Nina P
Bought by
Young Julius Smith and Jonathan Henry Young Trust

Purchase Details

Closed on
Aug 4, 2004
Bought by
Young Jonathan Henry
Source: Public Records

Range of Values:

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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
Waddell Christopher Eric $230,000 --
Waddell Christopher Eric $230,000 None Available
Bishton Chanel D $182,500 None Available
Young Jonathan Henry -- None Available
Young Julius Smith $60,000 None Available
Young Jonathan Henry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waddell Christopher Eric $172,500
Previous Owner Waddell Christopher Eric $172,500
Previous Owner Bishton Chanel D $136,875
Previous Owner Young Jonathan Henry $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2020 11/23/20 Sold $230,000 -4.1% $148 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $239,900 0.0% $155 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $239,900 +31.5% $155 / Sq Ft
12/31/2019 12/31/19 Sold $182,500 -3.7% $113 / Sq Ft
11/30/2019 11/30/19 Pending -- -- --
09/10/2019 09/10/19 Price Changed $189,500 -5.0% $118 / Sq Ft
06/01/2019 06/01/19 Price Changed $199,500 -7.2% $124 / Sq Ft
05/08/2019 05/08/19 Price Changed $215,000 -4.2% $134 / Sq Ft
04/19/2019 04/19/19 Price Changed $224,500 -4.5% $140 / Sq Ft
03/11/2019 03/11/19 For Sale $235,000 -- $146 / 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 $1,465 $228,987 $25,000 $203,987
2023 $1,465 $228,987 $25,000 $203,987
2022 $1,420 $228,987 $25,000 $203,987
2021 $1,420 $228,987 $25,000 $203,987
2020 $1,181 $178,042 $20,000 $158,042
2019 $1,181 $178,042 $20,000 $158,042
2018 $1,146 $178,042 $20,000 $158,042
2017 $1,119 $181,558 $18,000 $163,558
2016 $1,138 $181,558 $18,000 $163,558
2015 $1,094 $0 $0 $0
2014 $1,094 $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: CAR3649439

Canopy MLS (Canopy Realtor® Association)

APN: P70-74