E
Seller's Agent in 2024
Ellen Glass
Tryon Foothills Realty
(828) 808-4669
30 in this area
31 Total Sales
78 Cove Ln Mill Spring, NC 28756
Estimated Value: $928,200
3
Beds
2.5
Baths
3,365
Sq Ft
$276/Sq Ft
Est. Value
Highlights
- Access To Lake
- Open Floorplan
- Traditional Architecture
- Waterfront
- Deck
- Cathedral Ceiling
About This Home
As of February 2024Welcome home to your Waterfront retreat on Lake Adger! This lovely home is nestled on 1.23 acres in peaceful Southcove on Lake Adger with long range lake & mountain views. This 3 bedroom, 2.5 bath home has an open floor plan including a kitchen with breakfast nook, sunroom & great room with stone fireplace & soaring cathedral ceiling. The primary bedroom & bath- w/huge step-in shower-and 2nd bedroom are on the main level. The lower level boasts a lakeside entryway, entertaining game room with pool table, wet bar and fireplace. There’s also, a comfy family room, office and 3rd bedroom with roomy bath plus loads of storage & built in safe. Step out to the expansive deck overlooking beautiful Lake Adger. Mature & exquisite landscaping surround the home. Take the cart path and easy walk to your private dock where you can enjoy great fishing, swimming or boating. Enjoy hiking and horseback riding on the LA trails. The home has easy access to Hwy 9 and is located near TIEC & Lake Lure.
Last Agent to Sell the Property
Tryon Foothills Realty Brokerage Email: EllenGlassRealtor@gmail.com License #263998 Listed on: 08/03/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,756
Year Built
- Built in 2003
Lot Details
- Waterfront
- Property is zoned R1
HOA Fees
- $83 Monthly HOA Fees
Parking
- Attached Carport
Property Views
- Water
- Mountain
Home Design
- Traditional Architecture
- Composition Roof
Interior Spaces
- 1-Story Property
- Open Floorplan
- Wet Bar
- Built-In Features
- Cathedral Ceiling
- Propane Fireplace
- Entrance Foyer
- Great Room with Fireplace
- Recreation Room with Fireplace
Kitchen
- Oven
- Gas Cooktop
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- Split Bedroom Floorplan
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Walk-Up Access
- Interior and Exterior Basement Entry
Outdoor Features
- Access To Lake
- Deck
- Covered Patio or Porch
Horse Facilities and Amenities
- Riding Trail
Utilities
- Zoned Heating and Cooling
- Underground Utilities
- Propane
- Shared Well
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number P55-229
- Tax Block B
Community Details
Overview
- Ipm Association, Phone Number (828) 650-6875
- Lake Adger Subdivision
- Mandatory home owners association
Amenities
- Picnic Area
Recreation
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 3, 2023
Closed on
Feb 9, 2024
Sold by
Mayr Monika
Bought by
Sachs Neil F and Sachs Alison
Seller's Agent
Ellen Glass
Tryon Foothills Realty
Buyer's Agent
Maria Burril
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
List Price
$1,275,000
Sold Price
$975,000
Premium/Discount to List
-$300,000
-23.53%
Views
122
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,800
Avg. Annual Appreciation
5.62%
Original Mortgage
$575,000
Outstanding Balance
$567,630
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$490,708
Purchase Details
Listed on
Sep 25, 2013
Closed on
Jun 23, 2014
Sold by
Sigmon Wayne and The Bankruptcy Estate Of Charl
Bought by
Mayr Monika
Seller's Agent
Terry Tincher
Moffitt Properties
Buyer's Agent
Alysia Maher
Allen Tate/Beverly-Hanks Hendersonville
List Price
$498,000
Sold Price
$390,000
Premium/Discount to List
-$108,000
-21.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%
Original Mortgage
$250,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Sep 25, 2013
Closed on
Jun 20, 2014
Sold by
Carter Charles R and Carter Theresa A
Bought by
Mayr Monika
Seller's Agent
Terry Tincher
Moffitt Properties
Buyer's Agent
Alysia Maher
Allen Tate/Beverly-Hanks Hendersonville
List Price
$498,000
Sold Price
$390,000
Premium/Discount to List
-$108,000
-21.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Aug 25, 1997
Bought by
Mayr Monika
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sachs Neil F | $975,000 | None Listed On Document | |
| Mayr Monika | -- | None Available | |
| Mayr Monika | $390,000 | None Available | |
| Mayr Monika | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sachs Neil F | $575,000 | |
| Previous Owner | Mayr Monika | $250,000 | |
| Previous Owner | Carter Charles R | $352,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/15/2024 02/15/24 | Sold | $975,000 | -7.1% | $290 / Sq Ft |
| 09/20/2023 09/20/23 | Price Changed | $1,049,000 | -14.4% | $312 / Sq Ft |
| 09/01/2023 09/01/23 | Price Changed | $1,225,000 | -3.9% | $364 / Sq Ft |
| 08/03/2023 08/03/23 | For Sale | $1,275,000 | +226.9% | $379 / Sq Ft |
| 06/23/2014 06/23/14 | Sold | $390,000 | -21.7% | $117 / Sq Ft |
| 06/02/2014 06/02/14 | Pending | -- | -- | -- |
| 09/25/2013 09/25/13 | For Sale | $498,000 | -- | $149 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $2,756 | $430,813 | $90,000 | $340,813 |
| 2023 | $2,756 | $430,813 | $90,000 | $340,813 |
| 2022 | $2,541 | $430,813 | $90,000 | $340,813 |
| 2021 | $2,575 | $430,813 | $90,000 | $340,813 |
| 2020 | $2,307 | $360,201 | $100,000 | $260,201 |
| 2019 | $2,307 | $360,201 | $100,000 | $260,201 |
| 2018 | $2,235 | $360,201 | $100,000 | $260,201 |
| 2017 | $2,181 | $448,684 | $195,000 | $253,684 |
| 2016 | $2,706 | $448,684 | $195,000 | $253,684 |
| 2015 | $2,596 | $0 | $0 | $0 |
| 2014 | $2,596 | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Maria Burril
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
(828) 231-1826
1 in this area
59 Total Sales
-
Seller's Agent in 2014
Terry Tincher
Moffitt Properties
(828) 674-0766
11 Total Sales
-
Buyer's Agent in 2014
Alysia Maher
Allen Tate/Beverly-Hanks Hendersonville
(828) 776-0291
42 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4054073
APN: P55-229
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