NOT LISTED FOR SALE

5 Log Cabin Ln Mill Spring, NC 28756

Estimated Value: $59,779

3.19 Acres
$18,739 Price per Acre
138,956 Sq Ft Lot

Last Sold April 09, 2021

Last sale price $45,000

Est. 33% increase in value since last sale

Current estimated payment $415/month

1,777 Days on Market

Highlights

  • Equestrian Center
  • Community Lake
  • Wooded Lot
  • Access To Lake
  • Private Lot
  • Home fronts a stream

About This Lot

As of April 2021

3.19 acres with 544+/- ft on beautiful Silver Creek - lots of big hardwoods - great cabin site overlooking creek

Last Agent to Sell the Property

Rachel Smith

Jim Smith & Associates Inc License #165661 Listed on: 04/06/2016

Last Buyer's Agent

Ann Ferguson

Ferguson Real Estate & Associates License #287851

Ferguson Real Estate & Associates

Property Details

Property Type

  • Land

Lot Details

  • Home fronts a stream
  • Private Lot
  • Wooded Lot
  • Property is zoned Residential Acreage

HOA Fees

  • $83 Monthly HOA Fees

Additional Features

  • Equestrian Center
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number P55-503

Community Details

Overview

  • Community Lake

Recreation

  • Trails
  • Access To Lake

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Acreage
  • Ratio Close Price By List Price: 0.90180
  • Ratio Close Price By Original Li: 0.75125
  • Ratio Current Price By Acre: 14106.58
  • Restrictions: Architectural Review, Modular Not Allowed, Square Feet
  • Special Features: None

Exterior Features

  • Construction Type: Site Built

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Condo/Co-op/Association

  • Community Features: Equestrian Trails, Lake, Lake Access, Walking Trails
  • Association Fee: 1000.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Paved Frontage, Private, Sloping, Stream/Creek, Wooded
  • Parcel Number: P55-503
  • Zoning: Residential Acreage
  • Plat Reference Section Pages: 1897

Tax Info

  • Tax Value: 55142.00
  • Tax Amount Ncm: 321.20
  • Tax Location: Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2016
Closed on
Apr 7, 2021
Sold by
Arena Judith R
Bought by
Stewart Peter Westgaard
Seller's Agent
Rachel Smith
Jim Smith & Associates Inc
Buyer's Agent
Ann Ferguson
Ferguson Real Estate & Associates
List Price
$59,900
Sold Price
$45,000
Premium/Discount to List
-$14,900
-24.87%
Current Estimated Value
$59,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,779

Purchase Details

Closed on
Jul 7, 2005
Sold by
Pack Barrie O
Bought by
Arena Judith R and Czaplinski Carol

Purchase Details

Closed on
Dec 23, 2002
Bought by
Arena Judith R
Source: Public Records
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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
Stewart Peter Westgaard $45,000 None Available
Arena Judith R $80,000 None Available
Arena Judith R -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2021 04/09/21 Sold $45,000 -24.9% --
02/16/2021 02/16/21 Pending -- -- --
04/06/2016 04/06/16 For Sale $59,900 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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 $246 $48,180 $48,180 $0
2024 $269 $42,120 $42,120 $0
2023 $269 $42,120 $42,120 $0
2022 $248 $42,120 $42,120 $0
2021 $246 $42,114 $42,114 $0
2020 $263 $42,114 $42,114 $0
2019 $266 $42,114 $42,114 $0
2018 $257 $42,114 $42,114 $0
2017 $251 $55,142 $55,142 $0
2016 $328 $55,142 $55,142 $0
2015 $315 $0 $0 $0
2014 $293 $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: CAR3163983

Canopy MLS (Canopy Realtor® Association)

APN: P55-503