NOT LISTED FOR SALE

555 Hanging Rock Rd Saluda, NC 28773

Estimated Value: $1,015,000 - $1,544,000

3 Beds
3.5 Baths
5,684 Sq Ft
$242/Sq Ft Est. Value

Last Sold September 12, 2022

Last sale price $1,500,000 $264 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $8,126/month

28 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Living Room with Fireplace
  • Deck
  • Private Lot
  • Wooded Lot

About This Home

As of September 2022

Sophisticated designer home with stunning panoramic views. Complete renovation has perfected the canvas with exquisite touches throughout. Floor-to-ceiling windows evoke sensual gratification from every room. Featuring 3 splendid bedrooms, each with its own pristine ensuite bath; both levels offer impressive options for owner's suite perfection. Chef's kitchen, palatial butler's pantry, theater, dedicated office, gym & yoga studio, lavish dressing room & wardrobe …a mountain paradise that truly has it all! Soak in breathtaking sunrise vistas from the flagstone meditation plateau overlooking the Pacolet River Valley. Expansive open decking & custom jacuzzi perch, plus a screened veranda complete the ultimate in outdoor living space. This experiential private sanctuary sits on 15 acres adjoining vast conservation acreage, yet only 10 mins to ever charismatic Downtown Saluda, 20 mins to Hendersonville, 30 mins to Asheville Airport. Seize the opportunity to elevate & live the life you love

Last Agent to Sell the Property

Candi Guffey

Looking Glass Realty, Hendersonville License #311983 Listed on: 08/10/2022

Co-Listed By

Amy Wood

Looking Glass Realty, Saluda License #220100

Last Buyer's Agent

Jacob Lions

JL Carolina LLC License #246778

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,112

Year Built

  • Built in 1998

Lot Details

  • Private Lot
  • Level Lot
  • Wooded Lot
  • Zoning described as MX

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Skylights
  • Living Room with Fireplace
  • Screened Porch

Kitchen

  • Double Oven
  • Gas Range
  • Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Access to stream, creek or river
  • Deck

Schools

  • Saluda Elementary School
  • Polk Middle School
  • Polk High School

Utilities

  • Geothermal Heating and Cooling
  • Radiant Heating System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number P23-6

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,112

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1998
  • Ratio Current Price By Acre: 99933.38
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 263.90
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement Fully Finished
  • Interior Amenities: Kitchen Island, Open Floorplan, Skylight(s), Walk-In Closet(s)
  • Fixture Exception Yn: 1
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2947
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 384
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 384
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Deck,Screened
  • Fixture Exception Description: SECURITY SYSTEM
  • Appliances: Double Oven, Dryer, Gas Range, Microwave, Propane Cooktop, Radon Mitigation System, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 2737
  • Fireplace Features: Living Room
  • Living Area: 5684
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: Saluda
  • Construction Type: Site Built
  • Construction Type: Wood Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 585
  • Parking Features: Attached Garage

Utilities

  • Heating: Geothermal, Radiant
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Well

Schools

  • Middle Or Junior School: Polk
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Long Range View, Private, Sloped, Steep Slope, Creek/Stream, Views, Wooded, Year Round View
  • Lot Size Area: 15.01
  • Lot Size Units: Acres
  • Parcel Number: P23-6
  • Zoning Description: MX
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 2.36736

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Saluda
  • High School: Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
Sep 12, 2022
Sold by
Trask Ryan L and Trask Alison A
Bought by
Lucas Gregerson Revocable Trust
Seller's Agent
Candi Guffey
Looking Glass Realty, Hendersonville
Buyer's Agent
Jacob Lions
JL Carolina LLC
List Price
$1,449,000
Sold Price
$1,500,000
Premium/Discount to List
$51,000
3.52%
Current Estimated Value
$1,373,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$126,346
Avg. Annual Appreciation
-2.81%

Purchase Details

Listed on
Sep 22, 2018
Closed on
Jan 8, 2019
Sold by
Wahl Mark A and Holland Karen M
Bought by
Trask Ryan L and Trask Alison A
Seller's Agent
Amy Wood
Looking Glass Realty, Saluda
Buyer's Agent
Maureen Roberge
LKNHomes.com Inc
List Price
$700,000
Sold Price
$630,000
Premium/Discount to List
-$70,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.08%
Original Mortgage
$504,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2016
Closed on
Nov 29, 2016
Sold by
Wagman John F and Wagman Niela M
Bought by
Wahl Mark A and Holland Karen M
Seller's Agent
Cathy Jackson
Looking Glass Realty, Saluda
Buyer's Agent
Amy Wood
Looking Glass Realty, Saluda
List Price
$595,000
Sold Price
$525,000
Premium/Discount to List
-$70,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%
Original Mortgage
$26,000
Interest Rate
4.03%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 31, 1997
Bought by
Wagman John F
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
Lucas Gregerson Revocable Trust $1,500,000 --
Lucas Gregerson Revocable Trust $1,500,000 None Listed On Document
Trask Ryan L $630,000 --
Wahl Mark A $525,000 None Available
Wagman John F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trask Ryan L $504,000
Previous Owner Wahl Mark A $26,000
Previous Owner Wahl Mark A $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2022 09/12/22 Sold $1,500,000 +3.5% $264 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $1,449,000 +130.0% $255 / Sq Ft
01/30/2019 01/30/19 Sold $630,000 -6.7% $110 / Sq Ft View Prior Sale
11/20/2018 11/20/18 Pending -- -- --
11/02/2018 11/02/18 Price Changed $675,000 -3.6% $118 / Sq Ft
09/22/2018 09/22/18 For Sale $700,000 +33.3% $122 / Sq Ft
12/21/2016 12/21/16 Sold $525,000 -11.8% $111 / Sq Ft View Prior Sale
10/20/2016 10/20/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $595,000 -- $126 / 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 $10,112 $1,719,969 $273,070 $1,446,899
2024 $6,931 $958,891 $80,040 $878,851
2023 $4,302 $612,074 $80,040 $532,034
2022 $4,153 $612,074 $80,040 $532,034
2021 $3,991 $605,671 $80,040 $525,631
2020 $3,721 $524,464 $131,040 $393,424
2019 $3,756 $524,464 $131,040 $393,424
2018 $3,537 $524,464 $131,040 $393,424
2017 $3,425 $433,533 $96,825 $336,708
2016 $2,849 $433,533 $96,825 $336,708
2015 $2,722 $0 $0 $0
2014 $2,679 $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: 3891922

Canopy MLS (Canopy Realtor® Association)

APN: P23-6