NOT LISTED FOR SALE

125 Laurel Ln Lake Lure, NC 28746

Estimated Value: $163,667 - $216,000

1 Bed
1 Bath
520 Sq Ft
$367/Sq Ft Est. Value

Last Sold November 17, 2022

Last sale price $120,000 $231 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,120/month

64 Days on Market

Highlights

  • Wooded Lot
  • Cottage
  • Ceiling Fan
  • Wood Flooring
  • Shed
  • Baseboard Heating

About This Home

As of November 2022

Great opportunity located just a short drive from downtown Lake Lure. 1BR/1BA plus Bonus Room with an open floor plan and beautiful wood floors. Enjoy the winter views from the porch and bring your imagination!

Last Agent to Sell the Property

Mariah Leahy

Premier Sotheby’s International Realty License #274197 Listed on: 09/14/2022

Premier Sotheby’s International Realty

Last Buyer's Agent

Paul Watler

Allen Tate/Beverly-Hanks, Lake Lure License #326484

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $976

Year Built

  • Built in 1959

Lot Details

  • Wooded Lot
  • Zoning described as R1

Parking

  • Driveway

Home Design

  • Cottage
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 520 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed

Schools

  • Lake Lure Classical Academy Elementary And Middle School
  • Lake Lure Classical Academy High School

Utilities

  • Baseboard Heating
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 231126

Home Details

Home Type

Single Family

Est. Annual Taxes

$976

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1959
  • Ratio Current Price By Acre: 255319.15
  • Road Surface Type: Asphalt
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 230.77
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Block, Crawl Space
  • Fireplace: No
  • Flooring: Wood
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 520
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Ceiling Fan(s), Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 520
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Shed(s)
  • New Construction: No
  • Roof: Composition
  • Tax Location: Lake Lure
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway, Parking Space - 2

Utilities

  • Heating: Baseboard, Window Unit(s)
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Other
  • Water Source: Public

Schools

  • Middle Or Junior School: Lake Lure Classical Academy
  • HOA Subject To: None

Lot Info

  • Lot Features: Winter View, Wooded
  • Lot Size Area: 0.47
  • Lot Size Units: Acres
  • Parcel Number: 231126
  • Plat Book Slide: 5/51
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.75189

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Lake Lure Classical Academy
  • High School: Lake Lure Classical Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Nov 17, 2022
Sold by
Horton Louis
Bought by
Builderpro Llc
Seller's Agent
Mariah Leahy
Premier Sotheby’s International Realty
Buyer's Agent
Paul Watler
Allen Tate/Beverly-Hanks, Lake Lure
List Price
$185,000
Sold Price
$120,000
Premium/Discount to List
-$65,000
-35.14%
Views
16
Current Estimated Value
$190,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,667
Avg. Annual Appreciation
17.89%

Purchase Details

Closed on
Feb 29, 2008
Sold by
Spruill Richard P and Spruill Kelly A
Bought by
Horton Louis and Horton Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
5.46%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 14, 2005
Sold by
Hall Kevin L and Hall Leigh Anna
Bought by
Spruill Richard P and Spruill Kelly A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Builderpro Llc $120,000 --
Horton Louis $132,000 None Available
Spruill Richard P $117,500 None Avilabale
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Horton Louis $104,781
Previous Owner Horton Louis $118,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2022 11/17/22 Sold $120,000 -35.1% $231 / Sq Ft
09/14/2022 09/14/22 For Sale $185,000 -- $356 / 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
2024 $976 $119,300 $60,000 $59,300
2023 $1,198 $119,300 $60,000 $59,300
2022 $1,198 $105,600 $72,000 $33,600
2021 $1,199 $105,600 $72,000 $33,600
2020 $1,082 $105,600 $72,000 $33,600
2019 $1,011 $105,600 $72,000 $33,600
2018 $967 $100,000 $72,000 $28,000
2016 $883 $100,000 $72,000 $28,000
2013 -- $100,000 $72,000 $28,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3904714

Canopy MLS (Canopy Realtor® Association)

APN: 231126