NOT LISTED FOR SALE

110 Laurel Dr Franklin, NC 28734

Estimated Value: $320,000 - $579,000

2 Beds
2 Baths
1,120 Sq Ft
$382/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $81,777 $73 Per Sq Ft

Est. 423% increase in value since last sale

Current estimated payment $2,356/month

48 Days on Market

Highlights

  • Open Floorplan
  • Partially Wooded Lot
  • Cathedral Ceiling
  • Deck
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of May 2020

2 bedroom 2 bath home in established community. Home features open concept, fireplace, large master with en suite with access to back deck and covered front deck to enjoy the mountain views. Home sits on full basement with garage, workshop area, and interior access. Home has potential and would make a good rental, vacation, or a place to call home. Priced to sell.

Last Agent to Sell the Property

Benjamin Vanhook

Mountain Pro Real Estate Prof. Brokerage Phone: 8285248091 License #233436 Listed on: 03/10/2020

Last Buyer's Agent

Matthew Elliott

RE/MAX Elite Realty License #276589

RE/MAX Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $689

Year Built

  • Built in 1983

Lot Details

  • 0.53 Acre Lot
  • Partially Wooded Lot

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Basement Garage

Home Design

  • Traditional Architecture
  • Rustic Architecture
  • Cabin
  • Composition Roof
  • Wood Siding
  • Cedar

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Ceramic Tile Flooring
  • Washer and Dryer Hookup
  • Property Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Laurel Ridge Subdivision
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 6564459059

Home Details

Home Type

Single Family

Est. Annual Taxes

$689

Year Built

Built in 1983

Lot Details

0.53 Acres

HOA Fees

$35 per month

Parking

1

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.53
  • Road Frontage Type: Property Owners' Assoc
  • Road Surface Type: Paved
  • Ownership: Less than One Year
  • Subdivision Name: Laurel Ridge
  • Directions: 64 W to Right onto Old Murphy West across from Church. Left onto Wayah Road. Travel short distance to Laurel Ridge on the right. Follow Laurel Drive to 110 on left
  • Architectural Style: Cabin, Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 1983
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Special Features: 1028

Interior Features

  • Appliances: Electric Water Heater, Other Water Heater (See Remarks), Dishwasher, Microwave, Electric Oven/Range
  • Has Basement: Full, Washer/Dryer Hook-up, Exterior Entry, Heated, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Doors-Insulated
  • Fireplace Features: Basement, Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Other-See Remarks, Some Hardwoods
  • Interior Amenities: Open Floorplan, Kitchen/Dining Room, Ceiling Fan(s), Cathedral/Vaulted Ceiling
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 130
  • Room Living Room Area: 255
  • Room Kitchen Area: 100
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 12
  • Room Master Bedroom Area: 156
  • Room Dining Room Area: 120

Exterior Features

  • View: View Year Round
  • View: Yes
  • Home Warranty: No
  • Construction Type: Cedar, Wood Siding
  • Exterior Features: Rustic Appearance
  • Patio And Porch Features: Deck
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage-Single in Basement

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Wood, Heat Pump, Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Community

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 425
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 23086.8
  • Parcel #: 6564459059
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 688.97
  • Tax Book Number: F-39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2021
Sold by
Virga Real Estate Management Llc
Bought by
Cromwell Ted and Cromwell Nancy K
Current Estimated Value
$428,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,877
Outstanding Balance
$301,403
Interest Rate
2.96%
Mortgage Type
FHA
Estimated Equity
$126,605

Purchase Details

Listed on
Mar 10, 2020
Closed on
Apr 20, 2020
Sold by
The United States Of America
Bought by
Virga Real Esatte Management Llc
Seller's Agent
Benjamin Vanhook
Mountain Pro Real Estate Prof.
Buyer's Agent
Matthew Elliott
RE/MAX Elite Realty
List Price
$81,777
Sold Price
$81,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.03%
Original Mortgage
$65,421
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 24, 2019
Sold by
Mckinnon Jennifer D and Mckinnon Ray C
Bought by
United States Department Of Agriculture

Purchase Details

Closed on
Apr 29, 2010
Sold by
Keener John and Keener Susan
Bought by
Defries Alice Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.06%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cromwell Ted $338,000 None Available
Virga Real Esatte Management Llc $82,000 None Available
United States Department Of Agriculture $132,446 None Available
Defries Alice Renee $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cromwell Ted $331,877
Previous Owner Virga Real Esatte Management Llc $65,421
Previous Owner Defries Alice Renee $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2020 05/29/20 Sold $81,777 0.0% $73 / Sq Ft
04/29/2020 04/29/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $81,777 -46.9% $73 / Sq Ft
04/28/2015 04/28/15 Sold $154,000 0.0% $140 / Sq Ft View Prior Sale
03/29/2015 03/29/15 Pending -- -- --
03/14/2014 03/14/14 For Sale $154,000 -- $140 / Sq Ft
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 $1,128 $316,140 $76,220 $239,920
2024 $1,128 $316,140 $76,220 $239,920
2023 $1,116 $316,140 $76,220 $239,920
2022 $806 $147,820 $19,190 $128,630
2021 $736 $132,850 $19,190 $113,660
2020 $702 $132,850 $19,190 $113,660
2018 $676 $139,330 $16,360 $122,970
2017 $676 $139,330 $16,360 $122,970
2016 $676 $139,330 $16,360 $122,970
2015 $653 $139,330 $16,360 $122,970
2014 $644 $170,620 $29,550 $141,070
2013 -- $170,620 $29,550 $141,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26015083

APN: 6564459059

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