NOT LISTED FOR SALE

70 Cold Springs Dr Mill Spring, NC 28756

Estimated Value: $805,000 - $854,473

5 Beds
3.5 Baths
2,200 Sq Ft
$377/Sq Ft Est. Value

Last Sold March 16, 2021

Last sale price $595,000 $270 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,640/month

168 Days on Market

Highlights

  • Barn
  • Hilly Lot
  • Pond
  • Wood Burning Stove
  • Private Lot
  • Wooded Lot

About This Home

As of March 2021

Here is an opportunity to own a large home and acreage. Log Home with 63+ acres of rolling land with pasture, trees, views and pond with covered area and located off Silver Creek Road and just minutes from Lake Adger. The home and land are being sold as is! The home is in need of some repairs. If you are looking for a private retreat with lots of room then you need to take a look at it. Property borders Lake Adger Development and Equestrian Trails!

Last Agent to Sell the Property

Chauncey Barber

Coldwell Banker Advantage License #312713 Listed on: 07/03/2020

Coldwell Banker Advantage

Last Buyer's Agent

Debbie Hughes

EXP Realty LLC License #286307

EXP Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • Private Lot
  • Hilly Lot
  • Cleared Lot
  • Wooded Lot
  • Many Trees

Parking

  • Gravel Driveway

Home Design

  • Cabin

Interior Spaces

  • Wood Burning Stove
  • Wood Burning Fireplace
  • Wood Flooring
  • Crawl Space

Farming

  • Barn
  • Machine Shed
  • Pasture
  • Livestock

Additional Features

  • Pond
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 55-167

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Cabin
  • Ratio Close Price By List Price: 0.91538
  • Ratio Close Price By Original Li: 0.91538
  • Ratio Current Price By Acre: 9371.55
  • Ratio Current Price By Sq Ft: 270.45
  • Year Built: 1991
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Upper Level Sq Ft: 368
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Equipment: Ceiling Fan(s), Electric Dryer Hookup
  • Fireplace Description: Wood Burning
  • Fireplace: Yes
  • Flooring: Wood
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1832
  • Total Sq Ft: 2200
  • Sq Ft Unheated Basement: 1
  • Sq Ft Unheated Total: 1

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Barn(s), Livestock Run In, Tractor Shed

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 1 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat, Woodstove
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Features: Cleared, Hilly, Mountain View, Pasture, Pond, Private, Rolling, Trees, Views, Wooded
  • Lot Size Area: 63.490
  • Parcel Number: 55-167

Tax Info

  • Tax Value: 306757.00
  • Tax Location: Mill Spring

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2024
Sold by
Pace Michael R and Pace Denise M
Bought by
Michael R Pace And Denise M Pace Revocable Tr and Pace
Current Estimated Value
$829,737

Purchase Details

Listed on
Jul 3, 2020
Closed on
Mar 13, 2021
Sold by
Gil Vince and Lopez Margarita
Bought by
Pace Michael and Pace Denise
Seller's Agent
Chauncey Barber
Coldwell Banker Advantage
Buyer's Agent
Debbie Hughes
EXP Realty LLC
List Price
$750,000
Sold Price
$595,000
Premium/Discount to List
-$155,000
-20.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$535,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 1997
Bought by
Gil Vince
Source: Public Records

Range of Values:

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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
Michael R Pace And Denise M Pace Revocable Tr -- None Listed On Document
Michael R Pace And Denise M Pace Revocable Tr -- None Listed On Document
Pace Michael $595,000 None Available
Gil Vince -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pace Michael $535,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2021 03/16/21 Sold $595,000 -8.5% $270 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
12/02/2020 12/02/20 Price Changed $650,000 -6.5% $295 / Sq Ft
10/15/2020 10/15/20 Price Changed $695,000 -7.3% $316 / Sq Ft
10/09/2020 10/09/20 For Sale $750,000 +26.1% $341 / Sq Ft
09/28/2020 09/28/20 Off Market $595,000 -- --
07/09/2020 07/09/20 For Sale $750,000 +26.1% $341 / Sq Ft
07/03/2020 07/03/20 Off Market $595,000 -- --
07/03/2020 07/03/20 Price Changed $750,000 +15.4% $341 / Sq Ft
07/03/2020 07/03/20 For Sale $650,000 -- $295 / 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 $2,897 $452,829 $148,102 $304,727
2023 $2,897 $452,829 $148,102 $304,727
2022 $2,705 $452,829 $148,102 $304,727
2021 $2,125 $354,447 $148,102 $206,345
2020 $1,970 $306,757 $150,602 $156,155
2019 $1,970 $306,757 $150,602 $156,155
2018 $1,908 $306,757 $150,602 $156,155
2017 $1,862 $289,938 $104,897 $185,041
2016 $1,201 $289,938 $104,897 $185,041
2015 $1,689 $0 $0 $0
2014 $1,689 $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: CAR3637367

Canopy MLS (Canopy Realtor® Association)

APN: P55-167