NOT LISTED FOR SALE

52 Mountain Pkwy Mill Spring, NC 28756

Estimated Value: $98,569

3.9 Acres
$25,274 Price per Acre
169,884 Sq Ft Lot

Last Sold May 25, 2021

Last sale price $65,000

Est. 52% increase in value since last sale

Current estimated payment $655/month

600 Days on Market

Highlights

  • Equestrian Center
  • Community Lake
  • Trails
  • Access To Lake
  • Recreation Facilities

About This Lot

As of May 2021

Build your dream home on this amazing corner lot in the gated Mountain Park section of Lake Adger. The best of both worlds ~ lake and mountain living. Sit on your porch and enjoy the lake and mountain views from this incredible 3.9-acre property. The seller would consider partial owner financing for well-qualified buyers. This community boasts a 438-acre lake w/ 14 miles of shoreline in the foothills of the Blue Ridge Mtns. Lake Adger is an outdoor wonderland! Enjoy nature throughout, as you stroll along miles of walking/equestrian trails, fishing, boating and the Tryon International Equestrian Center (TIEC) is only 10 miles away! Just a short drive to Hendersonville, Asheville, Greenville and Charlotte.

Last Agent to Sell the Property

Chris Rybicki

Keller Williams Mtn Partners, LLC License #204056 Listed on: 08/02/2019

Keller Williams Mtn Partners, LLC

Last Buyer's Agent

Gena Duncan

Seller Solutions License #318841

Property Details

Property Type

  • Land

Lot Details

HOA Fees

  • $108 Monthly HOA Fees

Additional Features

  • Equestrian Center
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number P54-262
  • Tax Block L-2

Community Details

Overview

  • Ipm Association, Phone Number (828) 650-6875
  • Community Lake

Recreation

  • Recreation Facilities
  • Trails
  • Access To Lake

Building Details

  • Security

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.81454
  • Ratio Close Price By Original Li: 0.81454
  • Ratio Current Price By Acre: 16666.67
  • Restrictions: Architectural Review, Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None

Interior Features

  • H O A Management Phone: 828-650-6875

Utilities

  • Sewer: Septic Needed
  • Water: Community Well, Well Installed

Condo/Co-op/Association

  • Community Features: Equestrian Trails, Lake, Lake Access, Recreation Area, Security, Walking Trails
  • Association Fee: 1300.00
  • Association Fee Frequency: Annually
  • HOA Management Company: IPM
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Lake Access, Long Range View, Mountain View, Water view
  • Parcel Number: P54-262
  • Zoning Specification: RES
  • Plat Book Slide: E 1448

Tax Info

  • Tax Value: 96250.00
  • Tax Block: L-2
  • Tax Location: Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2025
Sold by
Cline Charles W
Bought by
Ormsby Richard D and Ormsby Patricia L
Current Estimated Value
$98,569

Purchase Details

Listed on
Aug 2, 2019
Closed on
May 17, 2021
Sold by
Gaumond Paul J and Gaumond Patricia H
Bought by
Cline Charles W
Seller's Agent
Chris Rybicki
Keller Williams Mtn Partners, LLC
Buyer's Agent
Gena Duncan
Seller Solutions
List Price
$79,800
Sold Price
$65,000
Premium/Discount to List
-$14,800
-18.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%
Original Mortgage
$48,750
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ormsby Richard D $212,500 None Listed On Document
Ormsby Richard D $212,500 None Listed On Document
Cline Charles W $72,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cline Charles W $48,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2021 05/25/21 Sold $65,000 -18.5% --
03/24/2021 03/24/21 Pending -- -- --
08/02/2019 08/02/19 For Sale $79,800 -- --
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 $439 $87,400 $87,400 $0
2024 $273 $42,440 $42,440 $0
2023 $273 $42,440 $42,440 $0
2022 $264 $42,440 $42,440 $0
2021 $257 $42,440 $42,440 $0
2020 $692 $106,750 $106,750 $0
2019 $693 $106,750 $106,750 $0
2018 $640 $106,750 $106,750 $0
2017 $636 $171,100 $171,100 $0
2016 $983 $171,100 $171,100 $0
2015 $949 $0 $0 $0
2014 -- $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: CAR3535967

Canopy MLS (Canopy Realtor® Association)

APN: P54-361