NOT LISTED FOR SALE

8848 Boylston Hwy Mills River, NC 28759

Estimated Value: $326,222 - $650,000

3 Beds
2 Baths
1,308 Sq Ft
$420/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $875,000 $669 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $3,285/month

48 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Detached Garage
  • Mills River Elementary School Rated A-
  • Separate Outdoor Workshop
  • Laundry Room

About This Home

As of July 2022

Excellent opportunity to acquire a unique property in Mills River with ample road frontage and high visibility! This rare offering consists of a metal warehouse and a brick ranch house. The recently remodeled 3br/2ba 1300+- sf brick ranch features a new electrical system, HVAC system, updated bathrooms and kitchen with original hardwood floors. Nearby is your very own +-4300sf Morton brand warehouse with concrete floors and functional layout. The warehouse has 2 large offices, 2 bathrooms and a large retail space. 16' walls allow for generous clearance, and the ~1400 sf mezzanine is perfect for storage. Septic is used for wastewater, and water is supplied by well. This property has been surveyed to separate the house and the warehouse on different tax parcels, both zoned Mills River Mixed Use (MR-MU), allowing for many use options by right. All considered, this unique property offers a solid value for either an investor to lease/sell both properties, also for a live/work primary user.

Last Agent to Sell the Property

Brian Keefer

Keller Williams Professionals License #320241 Listed on: 06/10/2022

Keller Williams Professionals

Last Buyer's Agent

Katherine Phillips

Keller Williams Elite Realty License #310082

Keller Williams Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,094

Year Built

  • Built in 1973

Lot Details

  • Fenced
  • Property is zoned MR-MU, MR-MU

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Metal Roof
  • Vinyl Siding

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Detached Garage
  • Workshop in Garage

Utilities

  • Central Heating
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Additional Features

  • Laundry Room
  • Separate Outdoor Workshop

Listing and Financial Details

  • Assessor Parcel Number 9620212558
  • Tax Block 13667

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,094

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1973
  • Ratio Current Price By Acre: 327715.36
  • Restrictions: None
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 668.96
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Basement Garage Door, Block
  • Fireplace: No
  • Flooring: Tile, Wood
  • Interior Amenities: Cable Available, Garage Shop, Pantry
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1308
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1308
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1308
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1308

Exterior Features

  • Exterior Features: Auto Shop, Fence, Workshop
  • New Construction: No
  • Roof: Metal
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Waterfront Elevation: 2000
  • Construction Type: Brick Partial, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 4320
  • Parking Features: Detached

Utilities

  • Heating: Central, Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Lot Features: Mountain View
  • Lot Size Area: 2.67
  • Lot Size Units: Acres
  • Parcel Number: 9620212558
  • Plat Book Slide: 2021
  • Plat Reference Section Pages: 176
  • Additional Parcels Description: 9620212775
  • Zoning Description: MR-MU
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 13667
  • RATIO List Price By Tax Amount: 1.98097

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jul 26, 2022
Sold by
Wojo Properties Llc
Bought by
Ryse Real Estate Llc
Seller's Agent
Brian Keefer
Keller Williams Professionals
Buyer's Agent
Katherine Phillips
Keller Williams Elite Realty
List Price
$895,000
Sold Price
$875,000
Premium/Discount to List
-$20,000
-2.23%
Views
3
Current Estimated Value
$583,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$291,632
Avg. Annual Appreciation
-11.03%
Original Mortgage
$743,750
Outstanding Balance
$716,205
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
-$102,935
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
Ryse Real Estate Llc $875,000 Goosmann Rose Colvard & Cramer
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryse Real Estate Llc $743,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $875,000 -2.2% $669 / Sq Ft
06/10/2022 06/10/22 For Sale $895,000 -- $684 / 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 $1,094 $253,800 $142,800 $111,000
2024 $1,094 $253,800 $142,800 $111,000
2023 $948 $219,900 $47,600 $172,300
2022 $818 $145,800 $36,700 $109,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3870701

Canopy MLS (Canopy Realtor® Association)

APN: 9620212558