NOT LISTED FOR SALE

15 Fairlake Ln Laurel Fork, VA 24352

Laurel Fork Neighborhood

Estimated Value: $247,460 - $348,000

3 Beds
2 Baths
1,650 Sq Ft
$177/Sq Ft Est. Value

Last Sold April 04, 2022

Last sale price $225,000 $136 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,718/month

4 Days on Market

Highlights

  • Home fronts a pond
  • 1.7 Acre Lot
  • A-Frame Home
  • Pond View
  • Mature Trees
  • Vaulted Ceiling

About This Home

As of April 2022

The view and beauty of the Olde Mill Golf Resort is calling you. As you overlook the lake from your front windows, the scenic and natural charm warms your heart. The spacious ranch has an open floor concept, with the centerpiece being the massive stone fireplace in the living room. The master suite gives ample room to enjoy, as it flows into the private bathroom. Just outside the door is a den or relaxation room with its own private stand alone fireplace (propane). I would expect the dibs on the _____ cave to be a daily battle. The home is heated and cooled with a heat pump and propane gas logs, and the cedar siding adds charm to this corner lot. As you pull into the circular paved drive, you can only think of how good it is to be home!

Last Agent to Sell the Property

Dennis Bane

Century 21 Valley Real Estate License #0225075129 Listed on: 01/26/2022

Century 21 Valley Real Estate

Last Buyer's Agent

Kendall Bryant

Rainbow Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,075

Year Built

  • Built in 1990

Lot Details

  • 1.7 Acre Lot
  • Home fronts a pond
  • Corner Lot
  • Cleared Lot
  • Mature Trees
  • Property is zoned R1

HOA Fees

  • $60 Monthly HOA Fees

Home Design

  • A-Frame Home
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,650 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Window Treatments
  • Wood Frame Window
  • Carpet
  • Pond Views
  • Crawl Space

Kitchen

  • Double Oven
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Open Parking

Eco-Friendly Details

  • Heating system powered by active solar

Outdoor Features

  • Shed
  • Porch

Schools

  • Hillsville Elementary School
  • Carroll County Intermediate
  • Carroll County High School

Utilities

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

Community Details

  • Association fees include water
  • Olde Mill Subdivision

Listing and Financial Details

  • Tax Lot 96,97,98

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,075

Year Built

Built in 1990

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.7
  • Road Surface Type: Paved
  • Subdivision Name: Olde Mill
  • Directions: From the stoplight at the intersection of US Highways 58 and 52 E in Hillsville, travel 58 East for 10.5 miles. Take a right on Stone Mountain Drive (Rt. 645), and go approximately one mile to Fairlake Lane on the left. This home is on the corner of Stone Mountain and Fairlake.
  • Above Grade Finished Sq Ft: 1650
  • Architectural Style: A-Frame, Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 1990
  • ResoBuildingAreaSource: PublicRecords
  • Kitchen Level: Main
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Washer, Microwave, Refrigerator, Dryer, Double Oven, Dishwasher, Range Hood, Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Masonry, Gas Log
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Vaulted Ceiling(s), Ceiling Fan(s), Walk-In Closet(s)
  • Living Area: 1650
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Window Features: Wood Frames, Some Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Living Room Living Room Level: Main
  • Room Bedroom3 Area: 144
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 144
  • Room Bedroom3 Level: Main
  • Master Bedroom Master Bedroom Width: 12
  • Room Family Room Area: 144
  • Bathroom 2 Level: Main
  • Room Bedroom2 Level: Main
  • Room Family Room Level: Main
  • Room Living Room Area: 300
  • Room Kitchen Area: 180
  • Bathroom Level: Main
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 240
  • Room Dining Room Area: 180

Exterior Features

  • Lot Features: Cleared, Corner Lot
  • View: Pond
  • View: Yes
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Disclosures: Property Disclosure
  • Construction Type: Wood Siding
  • Exterior Features: Mature Trees
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch Open
  • Property Condition: Exterior Condition: Average, Interior Condition: Average
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Paved, None

Utilities

  • Laundry Features: Main Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Propane, Active Solar
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Propane
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 60
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Water

Schools

  • Elementary School: Hillsville
  • High School: Carroll County
  • Middle Or Junior School: Carroll County Intermediate

Lot Info

  • Lot Size Sq Ft: 74052
  • Zoning: R1
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1075
  • Tax Lot: 96,97,98
  • Tax Map Number: 119A-3-96,97,98
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2022
Closed on
Mar 28, 2022
Sold by
Bonn Sherry C
Bought by
Fholer Edwin and Fholer Marie
Seller's Agent
Dennis Bane
Century 21 Valley Real Estate
Buyer's Agent
Kendall Bryant
Rainbow Realty
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$292,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,865
Avg. Annual Appreciation
6.23%
Original Mortgage
$233,100
Outstanding Balance
$221,134
Interest Rate
4.42%
Mortgage Type
VA
Estimated Equity
$55,066
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
Fholer Edwin $225,000 Rakes Elizabeth
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fholer Edwin $233,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2022 04/04/22 Sold $225,000 0.0% $136 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $225,000 -- $136 / Sq Ft
Source: Southwest Virginia Association 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
2024 $739 $125,300 $20,000 $105,300
2023 $739 $125,300 $20,000 $105,300
2022 $802 $125,300 $20,000 $105,300
2021 $802 $125,300 $20,000 $105,300
2020 $949 $130,000 $20,000 $110,000
2019 $904 $130,000 $20,000 $110,000
2018 $904 $130,000 $20,000 $110,000
2017 $904 $130,000 $20,000 $110,000
2016 $866 $127,300 $16,000 $111,300
2015 -- $127,300 $16,000 $111,300
2014 -- $127,300 $16,000 $111,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 81303

APN: 119A-3-96