NOT LISTED FOR SALE

7661 Highway 108 E Mill Spring, NC 28756

Estimated Value: $287,000 - $346,000

3 Beds
1 Bath
900 Sq Ft
$354/Sq Ft Est. Value

Last Sold December 29, 2017

Last sale price $124,500 $138 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $1,762/month

85 Days on Market

Highlights

  • Wood Burning Stove
  • Cottage
  • Front Green Space
  • Private Lot
  • Separate Outdoor Workshop
  • 1-Story Property

About This Home

As of December 2017

Beautiful 5.49 ac parcel with long-range mountain views. Land is mostly level & has a lush, well-established field of grass along the front with approx. 400' frontage on Hwy 108 near Pea Ridge Road intersection. Handyman Special 3 BR, 1 BA home has a full unfinished walk-out basement. Work on house around 2015 included: new HVAC, Septic Pumped, new well. House is being sold As-Is. There is a workshop/storage building behind the house. Close to local winery/vineyard and only 5 minutes to TIEC.

Last Agent to Sell the Property

Cindy Viehman

Tryon Foothills Realty License #224319 Listed on: 09/18/2017

Last Buyer's Agent

Zac Randall

EXP Realty LLC Mooresville License #290107

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • Front Green Space
  • Private Lot
  • Level Lot
  • Open Lot

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Wood Burning Stove

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Utilities

  • Heating System Uses Propane
  • Well

Listing and Financial Details

  • Assessor Parcel Number P92-26

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.85862
  • Ratio Close Price By Original Li: 0.80323
  • Ratio Current Price By Acre: 22677.60
  • Ratio Current Price By Sq Ft: 138.33
  • Year Built: 1958
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Outside Entrance, Block
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Fireplace Description: Woodstove
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Basement Shop
  • Laundry Location: Main, Laundry Room, Porch, Utility Room
  • Room Count: 2
  • Main Level Sq Ft: 900
  • Total Sq Ft: 900
  • Sq Ft Unheated Basement: 900
  • Sq Ft Unheated Main: 233
  • Sq Ft Unheated Total: 1133

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Workshop, Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Carport - 2 Car, Driveway, Parking Space - 4+

Utilities

  • Heating: Central Air, Propane, Woodstove
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Lot Info

  • Lot Features: Mountain View, Green Area, Level, Long Range View, Open Lot, Paved Frontage, Private, Views, Year Round View
  • Parcel Number: P92-26
  • Plat Reference Section Pages: 934
  • Zoning Specification: OPEN

Tax Info

  • Tax Value: 71561.00
  • Tax Amount Ncm: 473.00
  • Tax Location: Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2022
Sold by
Randall Farms Llc
Bought by
Old Magnolia Investments Llc
Current Estimated Value
$318,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Outstanding Balance
$232,167
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$86,078

Purchase Details

Listed on
Sep 18, 2017
Closed on
Dec 29, 2017
Sold by
Smith Martha B and Smith Thomas
Bought by
Randall Farms Llc
Seller's Agent
Cindy Viehman
Tryon Foothills Realty
Buyer's Agent
Zac Randall
EXP Realty LLC Mooresville
List Price
$155,000
Sold Price
$124,500
Premium/Discount to List
-$30,500
-19.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.55%

Purchase Details

Closed on
Dec 31, 1997
Bought by
Phillips Melvin Lewis and Phillips Katie
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
Old Magnolia Investments Llc $305,000 Donaldson & Webb Pllc
Randall Farms Llc $124,500 None Available
Phillips Melvin Lewis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Old Magnolia Investments Llc $244,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2017 12/29/17 Sold $124,500 -19.7% $138 / Sq Ft
12/12/2017 12/12/17 Pending -- -- --
09/18/2017 09/18/17 For Sale $155,000 -- $172 / 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 $1,052 $206,184 $71,532 $134,652
2024 $885 $138,402 $47,450 $90,952
2023 $885 $138,402 $47,450 $90,952
2022 $851 $138,402 $47,450 $90,952
2021 $851 $138,402 $47,450 $90,952
2020 $761 $115,120 $37,960 $77,160
2019 $761 $115,120 $37,960 $77,160
2018 $511 $77,910 $37,960 $39,950
2017 $499 $71,561 $33,715 $37,846
2016 $460 $71,561 $33,715 $37,846
2015 $443 $0 $0 $0
2014 $443 $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: CAR3317233

Canopy MLS (Canopy Realtor® Association)

APN: P92-26