NOT LISTED FOR SALE

134 Laurelwood Ln Highlands, NC 28741

Estimated Value: $1,488,000 - $1,814,000

3 Beds
3 Baths
-- Sq Ft
0.63 Acres

Last Sold March 05, 2019

Last sale price $895,000

Est. 90% increase in value since last sale

Current estimated payment $9,409/month

553 Days on Market

Highlights

  • Newly Remodeled
  • Built-In Refrigerator
  • Vaulted Ceiling
  • Spa
  • Contemporary Architecture
  • Marble Flooring

About This Home

As of March 2019

Walk-to-town Highlands is the most desirable type of property in the entire area--and this is one of the best options on the market. With a bubbling creek in the backyard, you're just a short--and basically flat--walk to Harris Lake, Mountain Fresh, and Main Street. Essentially, this is a brand new house. The owners took a great spot (There are very few in-town houses on a creek.) and have built a fabulous, easy-living home. The chef's kitchen opens to the dining and living areas and has easy flow onto the porch. The master is on the main (with a hot-tub and outdoor shower area) along with a guest room, a butler's pantry (which also serves as an office), and a two-car garage. Upstairs, over the garage, is a room which could be a studio, but the plumbing is in place to make it into another bedroom area. Downstairs, with separate entrance, is a guest suite (which also can function as a family room), a wine room, and an in-door potting shed. The home features high-end finishes throughout and a functional wood-burning fireplace which warms the house on a cold winter's night. Within a few minutes' walk, you'll find possibly the most unique town in the Southeast. Award-winning restaurants, galleries, live theater, fine shops: all just down the street. The price is now improved to $1,015,000--down nearly a hundred thousand.

Last Agent to Sell the Property

Bert Mobley

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 08/07/2017

Highlands Sotheby's International Realty - DT

Last Buyer's Agent

Andrea Gabbard

Highlands Sotheby's International Realty - DT

Highlands Sotheby's International Realty - DT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,673

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 0.63 Acre Lot
  • Home fronts a stream
  • Cul-De-Sac
  • Garden

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Block Exterior

Interior Spaces

  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Workshop
  • Screened Porch
  • Dryer
  • Property Views

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Built-In Refrigerator
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Concrete
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Finished Basement

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

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Spa
  • Patio

Utilities

  • Humidity Control
  • Central Heating and Cooling System
  • Heating System Uses Wood
  • Heat Pump System
  • Radiant Heating System
  • Tankless Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sunset Hills Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 7449683251

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,673

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.63
  • Subdivision Name: Sunset Hills
  • Directions: From downtown Highlands main light: go towards Horse Cove and take a right on Leonard, beyond Mountain Fresh. Leonard becomes Wilson. Turn left on Laurelwood Lane as if you're heading up towards Ravenel. At the stop sign (before the gate), turn right. House is the larger one on the left as the street ends.
  • Architectural Style: Bungalow, Contemporary, Tri-Level
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: Yes
  • Year Built: 2016
  • Attribution Contact: 8285268300
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: NewHome

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Built-In Refrigerator, Convection Oven, Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Oven, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Accessibility Features: Other, Accessible Entrance
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry, Concrete, Bath/Stubbed
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Other, Wood Burning
  • Fireplace: Yes
  • Flooring: Concrete, Marble, Tile, Wood
  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Workshop
  • Window Features: Skylight(s), Window Treatments

Exterior Features

  • Lot Features: Cul-De-Sac, Level
  • View: Creek/Stream
  • View: Yes
  • Waterfront Features: Stream
  • Construction Type: Block, Frame, Wood Siding
  • Exterior Features: Garden, Satellite Dish
  • Other Structures: Shed(s)
  • Patio And Porch Features: Rear Porch, Covered, Front Porch, Patio, Porch, Screened
  • Roof: Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Two Car Garage, Gravel

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Humidity Control, Heat Pump, Other
  • Cooling Y N: Yes
  • Heating: Central, Multi-Fuel, Radiant, Wood
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Septic Tank
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 27442.8
  • Parcel #: 7449683251
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 3673.0
  • Tax Lot: 1
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2017
Closed on
Mar 5, 2019
Sold by
Rosenfield Martin M and Woods Donna M
Bought by
Mcelheney Karen E and Karen K Mcelheney Revocable Trust
Seller's Agent
Bert Mobley
Highlands Sotheby's International Realty - DT
Buyer's Agent
Andrea Gabbard
Highlands Sotheby's International Realty - DT
List Price
$1,200,000
Sold Price
$895,000
Premium/Discount to List
-$305,000
-25.42%
Current Estimated Value
$1,701,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$806,028
Avg. Annual Appreciation
10.19%

Purchase Details

Closed on
Mar 30, 2006
Sold by
Edwards Roger L and Edwards Janet L
Bought by
Franklin Dennis E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2005
Sold by
Franklin Patricia
Bought by
Franklin Dennis

Purchase Details

Closed on
Oct 26, 2005
Sold by
Franklin Patricia
Bought by
Franklin Dennis

Purchase Details

Closed on
Oct 7, 2005
Sold by
Franklin Patricia
Bought by
Franklin Dennis
Source: Public Records

Range of Values:

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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
Mcelheney Karen E $895,000 None Available
Franklin Dennis E $33,000 None Available
Franklin Dennis E $33,000 None Available
Franklin Dennis -- None Available
Franklin Dennis -- None Available
Franklin Dennis -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Franklin Dennis E $28,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2019 03/05/19 Sold $895,000 -25.4% --
02/25/2019 02/25/19 Pending -- -- --
08/07/2017 08/07/17 For Sale $1,200,000 +361.7% --
11/13/2014 11/13/14 Sold $259,900 0.0% -- View Prior Sale
10/22/2014 10/22/14 Pending -- -- --
10/15/2014 10/15/14 For Sale $259,900 -- --
Source: Highlands-Cashiers 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 -- $1,375,490 $366,820 $1,008,670
2024 -- $1,375,490 $366,820 $1,008,670
2023 $4,578 $1,375,490 $366,820 $1,008,670
2022 $4,578 $762,120 $204,030 $558,090
2021 $4,578 $762,120 $204,030 $558,090
2020 $4,385 $762,120 $204,030 $558,090
2018 $3,673 $683,160 $182,780 $500,380
2017 $0 $683,160 $182,780 $500,380
2016 $2,363 $433,020 $182,780 $250,240
2015 $2,128 $433,020 $182,780 $250,240
2014 $1,676 $366,220 $172,670 $193,550
2013 -- $366,220 $172,670 $193,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 86701

APN: 7449683251