NOT LISTED FOR SALE

118 Laurel Rd Arden, NC 28704

Estimated Value: $495,000 - $509,000

3 Beds
2.5 Baths
1,425 Sq Ft
$353/Sq Ft Est. Value

Last Sold March 18, 2021

Last sale price $369,900 $260 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,981/month

3 Days on Market

Highlights

  • Open Floorplan
  • Arts and Crafts Architecture
  • Attached Garage
  • Glen Arden Elementary School Rated A-
  • Fireplace
  • Breakfast Bar

About This Home

As of March 2021

Breathtaking mountain views await you in this South Asheville home. Enjoy miles of hazy, layered views of the Blue Ridge mountains from your living room and wrap around deck. Only minutes to the airport and all the amenities of downtown Asheville. This home boasts a vaulted ceiling, open space with abundant, mood enhancing natural light. Even more spectacular views open from the master bedroom. Potential for expansion in unfinished lower level with indoor/outdoor entry. Possibility of two more bedrooms or perhaps a future rental. This is the perfect home for year-round living or your "Someday Asheville" second home in the mountains.

Last Agent to Sell the Property

Sandra Crisp

Carolina Mountain Sales License #187818 Listed on: 02/11/2021

Carolina Mountain Sales

Last Buyer's Agent

Sandra Crisp

Carolina Mountain Sales License #187818 Listed on: 02/11/2021

Carolina Mountain Sales

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • Many Trees

Parking

  • Attached Garage

Home Design

  • Arts and Crafts Architecture

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Tile Flooring
  • Breakfast Bar

Utilities

  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9654476374
  • Tax Block 8/B

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Arts and Crafts
  • Ratio Close Price By List Price: 0.94870
  • Ratio Close Price By Original Li: 0.94870
  • Ratio Current Price By Acre: 685000.00
  • Ratio Current Price By Sq Ft: 259.58
  • Year Built: 1987
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Garage Door, Basement Inside Entrance, Basement Outside Entrance, Block
  • Upper Level Sq Ft: 700
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Oven, Electric Range, Microwave, Radon Mitigation System, Refrigerator, Security System
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Attic Other, Breakfast Bar, Cable Available, Open Floorplan, Pantry, Vaulted Ceiling
  • Laundry Location: Main
  • Room Count: 3
  • Main Level Sq Ft: 725
  • Total Sq Ft: 1425
  • Sq Ft Unheated Basement: 725
  • Sq Ft Unheated Total: 725

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Wired Internet Available

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Basement, Garage - 1 Car, Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Glen Arden/Koontz
  • Middle School: Cane Creek
  • High School: T.C. Roberson

Lot Info

  • Lot Features: Long Range View, Mountain View, Paved Frontage, Sloping, Trees, Views, Winter View, Year Round View
  • Lot Size Area: 0.540
  • Parcel Number: 9654476374
  • Plat Book Slide: 26/42
  • Zoning Specification: RES

Tax Info

  • Tax Value: 264000.00
  • Tax Block: 8/B
  • Tax Location: Arden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Mar 16, 2021
Sold by
Burke Timothy L and Burke Mary Tarah
Bought by
118 Laurel Llc
Seller's Agent
Sandra Crisp
Carolina Mountain Sales
Buyer's Agent
Sandra Crisp
Carolina Mountain Sales
List Price
$389,900
Sold Price
$369,900
Premium/Discount to List
-$20,000
-5.13%
Total Days on Market
3
Current Estimated Value
$503,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,424
Avg. Annual Appreciation
7.90%

Purchase Details

Listed on
Jun 14, 2017
Closed on
Oct 4, 2017
Sold by
Brinin Stuart P and Stanbridge Sharon L
Bought by
Burke Timothy L and Burke Mary Tarah
Seller's Agent
Lynn Phillips
Coldwell Banker Advantage
Buyer's Agent
Sandra Crisp
Carolina Mountain Sales
List Price
$299,000
Sold Price
$273,000
Premium/Discount to List
-$26,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.29%
Original Mortgage
$268,055
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 2015
Sold by
Stanbridge Sharon L and Brinin Stuart
Bought by
Brinin Stanbridge Living Trust

Purchase Details

Closed on
Jul 23, 2012
Sold by
Belcher Sandra H and Belcher Robert C
Bought by
Belcher Robert C and Belcher Sandra H

Purchase Details

Closed on
Aug 1, 2007
Sold by
Ownbey Vaughn R and Ownbey Terisa W
Bought by
Stanbridge Sharon L and Brinin Stuart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,960
Interest Rate
6.65%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
118 Laurel Llc $370,000 None Available
Burke Timothy L $273,000 None Available
Brinin Stanbridge Living Trust -- None Available
Belcher Robert C -- --
Stanbridge Sharon L $256,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burke Timothy L $268,055
Previous Owner Stanbridge Sharon L $204,960
Previous Owner Ownbey Vaughn R $159,000
Previous Owner Ownbey Vaughn R $50,885
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2021 03/18/21 Sold $369,900 -5.1% $260 / Sq Ft
02/14/2021 02/14/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $389,900 +42.8% $274 / Sq Ft
10/18/2017 10/18/17 Sold $273,000 -8.7% $183 / Sq Ft
08/09/2017 08/09/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $299,000 -- $200 / 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
2023 $2,024 $328,800 $56,500 $272,300
2022 $1,927 $328,800 $0 $0
2021 $1,733 $295,700 $0 $0
2020 $1,663 $264,000 $0 $0
2019 $1,663 $264,000 $0 $0
2018 $1,663 $264,000 $0 $0
2017 $1,605 $215,200 $0 $0
2016 $1,496 $215,200 $0 $0
2015 $1,496 $215,200 $0 $0
2014 $1,496 $215,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3706188

Canopy MLS (Canopy Realtor® Association)

APN: 9654-47-6374-00000