NOT LISTED FOR SALE

7214 Highway 9 N Mill Spring, NC 28756

Estimated Value: $462,000 - $623,000

3 Beds
2 Baths
1,544 Sq Ft
$336/Sq Ft Est. Value

Last Sold December 12, 2016

Last sale price $225,000 $146 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,946/month

156 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Storm Doors
  • Cathedral Ceiling
  • Corner Lot
  • Cabin

About This Home

As of December 2016

Well Built and Maintained LOG Home/Commercial/Office building on Highway 9 near Lake Lure. Frontage on
Hwy 9 and Grassy Knob Rd. Ideal for Retail, Restaurant, Office or Private Residence. Minutes to TIEC, Grocery , Medical, Restaurants, and Lake Lure. On main route between TIEC and Lake Lure. Nicely landscaped, Ample Paved Parking, Mountain view. Great interior with Granite Counter tops, Hardwood and Tile floors.
Stone Fireplace with Gas Logs 2.75 acre. Room for expansion.

Last Agent to Sell the Property

Charlene Efird

Lifestyle Properties License #209953 Listed on: 05/25/2016

Co-Listed By

Lake Lure Professionals Rlty Group

Last Buyer's Agent

Doug Kelly

Allen Tate/Beverly-Hanks, Lake Lure License #281963

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Cabin
  • Log Siding

Interior Spaces

  • 2 Full Bathrooms
  • Open Floorplan
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Window Treatments
  • Crawl Space
  • Storm Doors

Flooring

  • Wood
  • Tile

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number P51-7

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cabin
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.86873
  • Ratio Close Price By Original Li: 0.86873
  • Ratio Current Price By Acre: 81818.18
  • Ratio Current Price By Sq Ft: 145.73
  • Year Built: 2006
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Block, Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Screen Door(s), Storm Door(s), Storm Window(s)
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Dryer Hookup, Electric Range, Microwave, Refrigerator, Propane, Electric Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Built-Ins, Cathedral Ceiling(s), Open Floorplan, Split BR Plan, Window Treatments
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1544
  • Total Sq Ft: 1544

Exterior Features

  • Construction: Log
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway, Parking Space - 4+

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Sunnyview
  • Middle School: Lake Lure Classical Academy
  • High School: Lake Lure Classical Academy

Lot Info

  • Lot Features: Corner Lot, Mountain View, Level, Paved Frontage, Year Round View
  • Lot Size Area: 2.750
  • Parcel Number: P51-7
  • Zoning Specification: OPEN

Tax Info

  • Tax Value: 214276.00
  • Tax Amount Ncm: 1260.00
  • Tax Location: Mill Spring

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2016
Closed on
Dec 8, 2016
Sold by
Jrh Investors Llc
Bought by
Somers Mitchell W and Somers Terri L
Seller's Agent
Charlene Efird
Lifestyle Properties
Buyer's Agent
Doug Kelly
Allen Tate/Beverly-Hanks, Lake Lure
List Price
$259,000
Sold Price
$225,000
Premium/Discount to List
-$34,000
-13.13%
Current Estimated Value
$507,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,818
Avg. Annual Appreciation
10.24%
Original Mortgage
$180,000
Outstanding Balance
$147,465
Interest Rate
3.57%
Mortgage Type
Commercial
Estimated Equity
$375,921

Purchase Details

Closed on
Nov 20, 2014
Sold by
The Peaks At Lake Lure Llc
Bought by
Jrh Investors Llc

Purchase Details

Closed on
Jul 7, 2006
Sold by
Carolina West Development Corp
Bought by
The Peaks At Lake Lurf Llc

Purchase Details

Closed on
Nov 9, 2005
Sold by
Jackson James F
Bought by
Carolina West Develpment Corp

Purchase Details

Closed on
Oct 20, 2004
Bought by
Jrh Investors Llc
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
Somers Mitchell W $225,000 None Available
Jrh Investors Llc -- Chicago Title Insurance Comp
The Peaks At Lake Lurf Llc $195,000 None Available
Carolina West Develpment Corp -- None Available
Jrh Investors Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Somers Mitchell W $180,000
Previous Owner Gunnels Jack $100,000
Previous Owner Gunnels Jack $225,000
Previous Owner Gunnels Jack $224,700
Previous Owner Gunnels Jack $249,420
Previous Owner Gunnels Jack $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2016 12/12/16 Sold $225,000 -13.1% $146 / Sq Ft
10/28/2016 10/28/16 Pending -- -- --
05/25/2016 05/25/16 For Sale $259,000 -- $168 / 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 $1,686 $262,317 $28,750 $233,567
2023 $1,686 $262,317 $28,750 $233,567
2022 $1,669 $262,317 $28,750 $233,567
2021 $1,669 $262,317 $28,750 $233,567
2020 $1,609 $240,156 $23,750 $216,406
2019 $1,609 $240,156 $23,750 $216,406
2018 $1,489 $240,156 $23,750 $216,406
2017 $1,258 $214,276 $82,500 $131,776
2016 $1,277 $214,276 $82,500 $131,776
2015 $1,222 $0 $0 $0
2014 $1,234 $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: CAR3178175

Canopy MLS (Canopy Realtor® Association)

APN: P51-7