NOT LISTED FOR SALE

49 Peninsula Dr Mill Spring, NC 28756

Estimated Value: $810,000 - $1,231,000

5 Beds
4 Baths
4,217 Sq Ft
$251/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $899,050 $213 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,001/month

268 Days on Market

Highlights

  • Boat Slip
  • Open Floorplan
  • Private Lot
  • Gated Community
  • Mountain View
  • Wooded Lot

About This Home

As of March 2023

Mountain House or Lake House?
At 49 Peninsula Dr. you won't have to decide! Located in the prestigious gated Mountain Parkway community of Lake Adger, this home combines magnificent mountain views with luxurious lakefront living. Boasting over 4,000 sq ft of living space, this impressive 4 bedroom, 4 bath home offers something for everyone, with plenty of room for family and friends...and extra space to fit all your hobbies and interests.
Thoughtfully designed in every way, this property offers single level living in an impressively built home with an open floor plan and amazing wrap around porches. Upstairs, there's an additional 500 sq ft suite with a full bathroom, making it the perfect space for a 2nd master suite or hobby room. Downstairs there's even more space for all those inevitable guests with an additional 2 bedrooms, living area, full bathroom, and walk-out patio.
This is the lakefront home you've always dreamed of...so stop dreaming and schedule your showing today!

Last Agent to Sell the Property

Hilton Swing

Coldwell Banker Advantage License #283241 Listed on: 06/09/2022

Coldwell Banker Advantage

Last Buyer's Agent

Tracy Dew

Preferred Properties License #283099

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • 1.66 Acre Lot
  • Private Lot
  • Steep Slope
  • Wooded Lot
  • Property is zoned OPEN

HOA Fees

  • $104 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 1 Detached Carport Space
  • Porte-Cochere

Home Design

  • Arts and Crafts Architecture
  • Hardboard

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Gas Log Fireplace
  • Propane Fireplace
  • Insulated Windows
  • Insulated Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Screened Porch
  • Mountain Views
  • Finished Basement
  • Workshop
  • Storm Doors
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Cork
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms
  • Garden Bath

Outdoor Features

  • Boat Slip

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Power Generator
  • Propane
  • Shared Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number P54-242

Community Details

Overview

  • Ipm Management Association, Phone Number (828) 650-6875
  • Mountain Park At Lake Adger Subdivision
  • Mandatory home owners association

Recreation

  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

HOA Fees

$104 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts
  • Year Built: 2009
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Special Assessment Description: N/A
  • Proposed Special Assessment Desc: N/A
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 213.20
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Cork, Tile, Wood
  • Interior Amenities: Entrance Foyer, Garden Tub, Open Floorplan, Pantry, Split Bedroom, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1895
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 116
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 116
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 543
  • Appliances: Dishwasher, Double Oven, Electric Water Heater, Gas Cooktop, Microwave, Refrigerator
  • Other Equipment: Generator
  • Above Grade Finished Sq Ft: 2438
  • Has Basement: Basement Shop, Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1779
  • Door Features: Insulated Door(s), Storm Door(s)
  • Fireplace Features: Family Room, Gas Log, Propane
  • Living Area: 4217
  • Window Features: Insulated Window(s)
  • Bedroom Main: 2
  • Bedroom Basement: 2

Exterior Features

  • Exterior Features: Porte-cochere
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Long Range, Mountain(s), Winter, Year Round
  • Water Body Name: Lake Adger
  • Waterfront Features: Boat Slip (Deed), Boat Slip – Community, Lake
  • Construction Type: Hardboard Siding
  • Patio And Porch Features: Covered, Front Porch, Porch, Rear Porch, Screened, Wrap Around

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Carport, Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Main Level
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Utilities: Propane, Satellite Internet Available, Underground Power Lines
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Gated, Walking Trails
  • Association Fee: 1250
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: IPM Management
  • Phone: 828-650-6875
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually
  • Association Email: info@ipmhoa.com

Association/Amenities

  • Association Annual Expense: 1250.00

Schools

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

Lot Info

  • Lot Features: Private, Sloped, Steep Slope, Wooded, Views
  • Lot Size Units: Acres
  • Parcel Number: P54-242
  • Lot Size Acres: 1.66
  • Lot Size: PER PLAT
  • Lot Size Sq Ft: 72309
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OPEN

MLS Schools

  • Elementary School: Polk Central
  • High School: Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Mar 29, 2023
Sold by
Young Julius Smith and Young Karen Otey
Bought by
Goode Robert Joseph and Kosten Sarah Louise
Seller's Agent
Hilton Swing
Coldwell Banker Advantage
Buyer's Agent
Tracy Dew
Preferred Properties
List Price
$975,000
Sold Price
$899,050
Premium/Discount to List
-$75,950
-7.79%
Views
77
Current Estimated Value
$1,057,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,414
Avg. Annual Appreciation
6.03%
Original Mortgage
$719,240
Outstanding Balance
$697,420
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$360,044

Purchase Details

Closed on
Apr 23, 2019
Sold by
Young Julius S
Bought by
Young Julius S and Younjg Karen O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2008
Sold by
Mccurry Warren R and Mccurry Frances W
Bought by
Young Julius Smith
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Goode Robert Joseph $899,500 None Listed On Document
Young Julius S -- Boston National Title Llc
Young Julius Smith $330,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goode Robert Joseph $719,240
Previous Owner Young Julius S $355,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $899,050 -5.9% $213 / Sq Ft
02/04/2023 02/04/23 Price Changed $955,000 -2.1% $226 / Sq Ft
06/09/2022 06/09/22 For Sale $975,000 -- $231 / 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 $5,067 $1,008,481 $195,000 $813,481
2024 $4,994 $776,981 $153,960 $623,021
2023 $5,248 $816,374 $153,960 $662,414
2022 $4,640 $747,001 $153,960 $593,041
2021 $4,687 $747,001 $153,960 $593,041
2020 $3,945 $602,828 $158,250 $444,578
2019 $3,948 $602,828 $158,250 $444,578
2018 $3,647 $602,828 $158,250 $444,578
2017 $3,636 $788,967 $309,900 $479,067
2016 $4,608 $788,967 $309,900 $479,067
2015 $4,499 $0 $0 $0
2014 $4,454 $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3869062

Canopy MLS (Canopy Realtor® Association)

APN: P54-242