NOT LISTED FOR SALE

1062 Mountain Laurel Dr Franklin, NC 28734

Estimated Value: $180,000 - $360,000

2 Beds
2 Baths
-- Sq Ft
204,732 Sq Ft Lot

Last Sold April 19, 2024

Last sale price $163,000

Est. 70% increase in value since last sale

Current estimated payment $1,751/month

4 Days on Market

Highlights

  • 4.7 Acre Lot
  • Wooded Lot
  • Main Floor Primary Bedroom
  • Private Lot
  • Traditional Architecture
  • Living Area on First Floor

About This Home

As of April 2024

Calling all investors or rehab specialists! Situated among the paved roads of beautiful Corundum Hill Estates, this property is searching for someone to bring it back to life. 2 bedrooms, with an additional equal sized bonus room (2BD septic), and 2 baths are situated on over 4 acres of blissful privacy. Tree trimming would give the front porch a renewed sense of purpose with potentially breathtaking views of Cullasaja Gorge. Perfect for a second home or short term rental, consider giving this one the TLC it's been yearning for and make it your own.

Last Agent to Sell the Property

April Monday

Nc Mountain Real Estate Brokerage Phone: 8284774344 License #295690 Listed on: 03/24/2024

Last Buyer's Agent

April Monday

Nc Mountain Real Estate Brokerage Phone: 8284774344 License #295690 Listed on: 03/24/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $449

Year Built

  • Built in 1987

Lot Details

  • 4.7 Acre Lot
  • Private Lot
  • Wooded Lot

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Traditional Architecture
  • Hardboard

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Living Area on First Floor
  • Crawl Space
  • Electric Oven or Range
  • Laundry on main level
  • Property Views

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Porch

Schools

  • East Franklin Elementary School
  • Macon Middle School
  • Franklin High School

Utilities

  • Cooling Available
  • Heating Available
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Corundum Hill Estates Subdivision
  • Stream

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 7523084697

Home Details

Home Type

Single Family

Est. Annual Taxes

$449

Year Built

Built in 1987

Lot Details

4.7 Acres

HOA Fees

$31 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 4.7
  • Road Frontage Type: Property Owners' Assoc
  • Road Surface Type: Paved
  • Ownership: More than One Year
  • Subdivision Name: Corundum Hill Estates
  • Directions: From Franklin: 6.2 miles East on Hwy 64/Highlands Rd. Turn Left at Deal Farm Circle. Right onto Corundum Hill, stay straight on Mountain Laurel Dr for 1.6 miles. GPS is correct. Property will be on the left. (There is a sign at the beginning of the driveway "304".)
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Year Built: 1987
  • NAV27_rets_property_type: Residential
  • NAV27_AllowsVacationRentalYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Electric Oven/Range
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Doors-Storm All
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s), Large Master Bedroom, Living/Dining Room, Main Level Living, Primary on Main Level
  • Window Features: Windows-Storm All
  • Room Bedroom2 Level: Second
  • Master Bedroom Master Bedroom Level: First

Exterior Features

  • Lot Features: Private, Wooded, Other-See Remarks
  • View: View Year Round
  • View: Yes
  • Home Warranty: No
  • Construction Type: Hardboard
  • Patio And Porch Features: Porch
  • Roof: Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, None-Carport

Utilities

  • Laundry Features: First Level
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Well
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 375
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: East Franklin
  • High School: Franklin
  • Middle Or Junior School: Macon Middle

Lot Info

  • Lot Size Sq Ft: 204732
  • Parcel #: 7523084697
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 449.27
  • Tax Book Number: N-15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2024
Closed on
Apr 17, 2024
Sold by
Woods Janzen Kathryn
Bought by
Jotham William N and Jotham Debra J
Seller's Agent
April Monday
Nc Mountain Real Estate
Buyer's Agent
April Monday
Nc Mountain Real Estate
List Price
$150,000
Sold Price
$163,000
Premium/Discount to List
$13,000
8.67%
Views
107
Current Estimated Value
$277,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,258
Avg. Annual Appreciation
32.06%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jotham William N $163,000 None Listed On Document
Jotham William N $163,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2024 04/19/24 Sold $163,000 +8.7% --
03/29/2024 03/29/24 Pending -- -- --
03/24/2024 03/24/24 For Sale $150,000 -- --
Source: Carolina Smokies Association of REALTORS®

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 -- $235,040 $56,340 $178,700
2024 -- $109,150 $56,340 $52,810
2023 $461 $107,320 $56,340 $50,980
2022 $461 $74,810 $36,430 $38,380
2021 $449 $74,810 $36,430 $38,380
2020 $430 $74,810 $36,430 $38,380
2018 $481 $95,820 $45,010 $50,810
2017 $381 $95,820 $45,010 $50,810
2016 $481 $95,820 $45,010 $50,810
2015 $458 $95,820 $45,010 $50,810
2014 $600 $164,420 $50,340 $114,080
2013 -- $164,420 $50,340 $114,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26036159

APN: 7523084697

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