NOT LISTED FOR SALE

54 Silver Ridge Rd Mill Spring, NC 28756

Estimated Value: $589,991 - $638,000

3 Beds
2 Baths
1,804 Sq Ft
$340/Sq Ft Est. Value

Last Sold August 02, 2018

Last sale price $327,000 $181 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,586/month

83 Days on Market

Highlights

  • Horse Facilities
  • Open Floorplan
  • Community Lake
  • Equestrian Center
  • Fruit Trees
  • Cathedral Ceiling

About This Home

As of August 2018

Log cabin at Lake Adger's Westridge community. Within 1 mile of the the public marina on Silver Ridge Road. Two bedrooms on the main floor, huge Master suite and loft upstairs. Master bedroom doors open to a balcony where you can watch the sun set. Beautiful granite counter-tops kitchen with gas downdraft stove. FULL unfinished walk-out Basement. 3.5 acres with abundant landscaping including flowering bushes, fruit and nut trees. Full length covered deck front and rear plus a lower level patio.

Last Agent to Sell the Property

Joelle Van Den Berg

Lifestyle Properties License #174394 Listed on: 04/06/2018

Last Buyer's Agent

Joelle Van Den Berg

Lifestyle Properties License #174394 Listed on: 04/06/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • Fruit Trees
  • Wooded Lot
  • Many Trees

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Cabin
  • Log Siding

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Wood Flooring
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Handicap Accessible
  • Equestrian Center

Listing and Financial Details

  • Assessor Parcel Number P54-208
  • Tax Block 408

Community Details

Overview

  • Ipm Association
  • Community Lake

Recreation

  • Horse Facilities

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Cabin
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.96205
  • Ratio Close Price By Original Li: 0.95086
  • Ratio Current Price By Acre: 93428.57
  • Ratio Current Price By Sq Ft: 181.26
  • Year Built: 2005
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Basement Outside Entrance
  • Upper Level Sq Ft: 740
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows, Screen Door(s)
  • Equipment: Ceiling Fan(s), Dryer, Dishwasher, Gas Range, Network Ready, Refrigerator, Self Cleaning Oven, Security System, Washer, Propane, Downdraft Cooktop, Generator, Gas Oven
  • Fireplace Description: Gas Logs, Great Room, Propane
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Cathedral Ceiling(s), Handicap Access, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Window Treatments, Walk-In Pantry
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1064
  • Total Sq Ft: 1804
  • Sq Ft Unheated Basement: 1064
  • Sq Ft Unheated Total: 1064

Exterior Features

  • Construction: Log
  • Construction Type: Site Built
  • Exterior Features: Boat Slip (Lease/License), Equestrian Facilities

Garage/Parking

  • Driveway: Stone
  • Parking: Attached Garage, Garage - 2 Car, Parking Space - 3, Side Load Garage

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat, Multizone A/C, MultiZone Heat
  • Sewer: Septic Tank
  • Water: Shared Well
  • Water Heater: g-On-Demand Water Heater, Propane

Condo/Co-op/Association

  • Community Features: Equestrian Trails, Lake
  • Association Fee: 1000.00
  • Association Fee Frequency: Annually
  • HOA Management Company: IPM
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Sunnyview
  • Middle School: Polk
  • High School: Polk

Lot Info

  • Lot Features: Fruit Trees, Lake Access, Trees, Wooded
  • Lot Size Area: 3.500
  • Parcel Number: P54-208
  • Plat Book Slide: E
  • Zoning Specification: OPEN

Tax Info

  • Tax Value: 244187.00
  • Tax Amount Ncm: 1494.02
  • Tax Block: 408
  • Tax Location: Mill Spring

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2018
Closed on
Jul 31, 2018
Sold by
Thorsen Jerry E and Thorsen Toni
Bought by
Koretz Leslie S
Seller's Agent
Joelle Van Den Berg
Lifestyle Properties
Buyer's Agent
Joelle Van Den Berg
Lifestyle Properties
List Price
$343,900
Sold Price
$327,000
Premium/Discount to List
-$16,900
-4.91%
Current Estimated Value
$613,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,996
Avg. Annual Appreciation
8.27%
Original Mortgage
$307,000
Outstanding Balance
$267,171
Interest Rate
4.5%
Mortgage Type
Unknown
Estimated Equity
$307,369

Purchase Details

Closed on
Dec 10, 2010
Sold by
First Bank
Bought by
Thorsen Jerry E

Purchase Details

Closed on
May 9, 2009
Sold by
Hollers Russell J
Bought by
First Bank

Purchase Details

Closed on
Jun 4, 2008
Sold by
Schneider Bruce A
Bought by
Gullickson Donald L and Gullickson Nancy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,950
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2005
Sold by
Gullickson John Robert and Gullickson Laurie Lyn
Bought by
Lifestyle Log Homes Llc

Purchase Details

Closed on
May 21, 2004
Bought by
Thorsen Jerry E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,800
Interest Rate
5.48%
Mortgage Type
Unknown

Purchase Details

Closed on
May 17, 2004
Sold by
Lifestyloe Log Homes Llc
Bought by
Schneider Bruce A and Schneider Ruth K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,800
Interest Rate
5.48%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Koretz Leslie S $327,000 --
Thorsen Jerry E $138,000 None Available
First Bank $180,000 --
Gullickson Donald L $379,000 None Available
Lifestyle Log Homes Llc -- None Available
Thorsen Jerry E $50,000 --
Schneider Bruce A $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koretz Leslie S $307,000
Previous Owner Gullickson Donald L $328,950
Previous Owner Schneider Bruce A $244,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2018 08/02/18 Sold $327,000 -3.8% $181 / Sq Ft
06/28/2018 06/28/18 Pending -- -- --
05/16/2018 05/16/18 Price Changed $339,900 -1.2% $188 / Sq Ft
04/06/2018 04/06/18 For Sale $343,900 -- $191 / 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 $1,966 $305,921 $45,000 $260,921
2023 $1,873 $291,400 $45,000 $246,400
2022 $1,850 $291,400 $45,000 $246,400
2021 $1,850 $291,400 $45,000 $246,400
2020 $1,618 $241,514 $45,000 $196,514
2019 $1,618 $241,514 $45,000 $196,514
2018 $1,497 $241,514 $45,000 $196,514
2017 $1,497 $244,187 $58,750 $185,437
2016 $1,464 $244,187 $58,750 $185,437
2015 $1,416 $0 $0 $0
2014 $1,385 $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: CAR3377552

Canopy MLS (Canopy Realtor® Association)

APN: P54-208