NOT LISTED FOR SALE

1021 Laurel Dr Danbury, NC 27016

Estimated Value: $177,724 - $271,000

2 Beds
2 Baths
800 Sq Ft
$277/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $110,000 $138 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,254/month

125 Days on Market

Highlights

  • Mountainous Lot
  • Porch
  • Central Air
  • No HOA
  • Bungalow
  • Ceiling Fan

About This Home

As of September 2017

Hanging Rock Cottage FOR SALE!! There's 2 Cottages on this property. Cottage #1 has 2 bedrooms, laundry, 1 full bathroom, large living room and good size kitchen. Cottage #2 has a fireplace, kitchenette, 1 full bathroom, small room to place bunk beds, living room area and great for the kids to stay. Perfect VACATION HOME for a family that loves Hanging Rock State Park, Hiking, Biking & Canoeing!!!! Lots of updates on both!!! The perfect Vacation Property in Stokes Co. w/Potential VRBO income!!

Last Agent to Sell the Property

Kent Hunter

Kent Hunter Realty LLC License #268274 Listed on: 04/19/2017

Last Buyer's Agent

Kent Hunter

Kent Hunter Realty LLC License #268274 Listed on: 04/19/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $426

Year Built

  • Built in 1973

Lot Details

  • 0.93 Acre Lot
  • Mountainous Lot
  • Cleared Lot
  • Property is zoned R-3

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 726 Sq Ft Home
  • 600-800 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Gas Log Fireplace
  • Unfinished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • Lighted Parking
  • Gravel Driveway

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Dual Heating Fuel
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Hanging Rock Forest Subdivision

Listing and Financial Details

  • Tax Lot 1-5
  • Assessor Parcel Number 693602992274
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$426

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.93
  • Subdivision Name: Hanging Rock Forest
  • Directions: Hwy 8 N to Danbury, Turn Left on Hanging Rock Forest Rd. Go to end and stay sharply right. Turn right on Laurel Dr. Houses on Left
  • Above Grade Finished Sq Ft: 726
  • Architectural Style: Bungalow
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1973
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 600 - 800
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_AdCopy: Hanging Rock Cottage FOR SALE w/Potential VRBO income!!
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), See Remarks
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, See Remarks
  • Fireplaces: 1
  • Living Area: 726
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Mountain, Partially Cleared
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway, Gravel, Lighted

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Dual Fuel System, Electric, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 693602992274
  • Zoning: R-3
  • TRIADMLS_PlatPage: 184
  • TRIADMLS_PlatBook: 4
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 426
  • Tax Lot: 1-5
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 0.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2017
Closed on
Sep 26, 2017
Sold by
Deforest Peter and Deforest Jennifer
Bought by
Railey Gregory S and Railey Pamela C
Seller's Agent
Kent Hunter
Kent Hunter Realty LLC
Buyer's Agent
Kent Hunter
Kent Hunter Realty LLC
List Price
$128,500
Sold Price
$110,000
Premium/Discount to List
-$18,500
-14.4%
Current Estimated Value
$221,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,681
Avg. Annual Appreciation
8.79%

Purchase Details

Closed on
Jul 6, 2015
Sold by
Bhadury Joyendu and Bhadury Ruma
Bought by
Deforest Peter and Deforest Jennifer

Purchase Details

Closed on
Sep 18, 2009
Sold by
Denny Johnny P and Denny Julia
Bought by
Bhadury Joyendu and Bhadury Ruma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
5.05%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Purchase History

Date Buyer Sale Price Title Company
Railey Gregory S $110,000 Attorney
Deforest Peter $58,000 Attorney
Bhadury Joyendu $45,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bhadury Joyendu $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2017 09/29/17 Sold $110,000 -14.4% $183 / Sq Ft
08/23/2017 08/23/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $128,500 -- $214 / Sq Ft
Source: Triad MLS

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 $1,200 $167,800 $32,500 $135,300
2024 $1,200 $118,600 $26,000 $92,600
2023 $961 $118,600 $26,000 $92,600
2022 $878 $118,600 $26,000 $92,600
2021 $878 $118,600 $26,000 $92,600
2020 $813 $109,800 $21,500 $88,300
2019 $813 $109,800 $21,500 $88,300
2018 $813 $109,800 $21,500 $88,300
2017 $428 $58,200 $14,500 $43,700
2016 $426 $58,000 $14,500 $43,500
2015 $326 $44,600 $14,500 $30,100
2014 -- $44,600 $14,500 $30,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 831485

Triad MLS

APN: 693602992274