NOT LISTED FOR SALE

122 Laurel Ridge Ln Murphy, NC 28906

Estimated Value: $531,374 - $914,000

3 Beds
2.5 Baths
3,820 Sq Ft
$184/Sq Ft Est. Value

Last Sold February 14, 2014

Last sale price $320,000 $84 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $3,853/month

145 Days on Market

Highlights

  • Spa
  • 2.08 Acre Lot
  • Vaulted Ceiling
  • River Front
  • Deck
  • Cul-De-Sac

About This Home

As of February 2014

Drop Dead Gorgeous View from every room in this executive home! River, mountain, and rolling pasture! Luxurious living on the river - sitting on the deck, listening to the river and the birds, while gazing at the mountains. It doesn't get any better. End of road, master on main, huge master bath, custom rock fireplace, full finished basement, bonus room could be 4th bedroom, 2 car garage, and much more...must see!

Last Agent to Sell the Property

Karen J. Pope

Appalachian Land Company License #257531 Listed on: 08/19/2013

Last Buyer's Agent

Karen J. Pope

Appalachian Land Company License #257531 Listed on: 08/19/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • 2.08 Acre Lot
  • River Front
  • Cul-De-Sac
  • Garden
  • Property is zoned PD, Planned Development

Parking

  • 2 Car Attached Garage
  • Open Parking

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,820 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Double Pane Windows
  • Window Treatments
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Washer and Dryer Hookup
  • Property Views
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Deck
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • River Ridge Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 551103304661000
  • $300 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence,Residential
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 2.08
  • Lot Size: 2.08
  • Road Surface Type: Paved
  • Subdivision Name: River Ridge
  • Directions: Travel New 64 East to cut over Harshaw Road. Travel Harshaw Road to Left on Underwood Hill Road. Follow Underwood Hill Road and continue to Left at River Ridge sign. (This is still Underwood Hill Road.) Continue almost to end of Underwood Hill Road to Left on Laurel Ridge Lane. Go to Right at sign to home on end of road.
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1993
  • Special Features: None

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Electric Water Heater, Dishwasher, Microwave, Range, Refrigerator, Other
  • Accessibility Features: Handicap Design
  • Has Basement: Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry, Great Room, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Vaulted Ceiling(s), Insulation, Ceiling Fan(s), Central Vacuum, Walk-In Closet(s), In-Law Floorplan
  • Living Area: 3820
  • Window Features: Window Treatments, Double Pane Windows

Exterior Features

  • Lot Features: Cul-De-Sac
  • View: Excellent View
  • View: Yes
  • Waterfront Features: River
  • Construction Type: Frame
  • Exterior Features: Garden
  • Patio And Porch Features: Deck/Patio, Porch
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Garage Double Attached, Paved
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Other
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Community

Schools

  • Junior High Dist: Murphy

Lot Info

  • Lot Size Sq Ft: 90604.8
  • Parcel #: 551103304661000
  • Zoning Description: Planned Development
  • Zoning: PD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 25
  • Tax Other Annual Assessment Amount: 300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2013
Closed on
Feb 13, 2014
Sold by
Young Ronald W and Young Dorothy A
Bought by
Berlin Michael E and Berlin Maria I
Seller's Agent
Karen J. Pope
Appalachian Land Company
Buyer's Agent
Karen J. Pope
Appalachian Land Company
List Price
$349,000
Sold Price
$320,000
Premium/Discount to List
-$29,000
-8.31%
Current Estimated Value
$704,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,094
Avg. Annual Appreciation
6.82%
Original Mortgage
$195,000
Outstanding Balance
$148,599
Interest Rate
4.56%
Mortgage Type
New Conventional
Estimated Equity
$555,495

Purchase Details

Closed on
Nov 1, 1990
Bought by
Young Ronald W and Young W
Source: Public Records
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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
Berlin Michael E $320,000 None Available
Young Ronald W $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berlin Michael E $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2014 02/14/14 Sold $320,000 -8.3% $84 / Sq Ft
01/13/2014 01/13/14 Pending -- -- --
08/20/2013 08/20/13 For Sale $349,000 -- $91 / Sq Ft
Source: Mountain Lakes Board of REALTORS®

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 $2,490 $339,250 $0 $0
2024 $25 $339,250 $0 $0
2023 $2,480 $339,250 $0 $0
2022 $0 $339,250 $0 $0
2021 $2,083 $339,250 $45,000 $294,250
2020 $1,948 $339,250 $0 $0
2019 $2,010 $312,620 $0 $0
2018 $2,010 $312,620 $0 $0
2017 $2,010 $312,620 $0 $0
2016 $2,010 $312,620 $0 $0
2015 $2,037 $312,620 $85,400 $227,220
2012 -- $316,990 $85,400 $231,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mountain Lakes Board of REALTORS®

MLS Number: 117991

APN: 5511-03-30-4661-000