NOT LISTED FOR SALE

166 Laurel Lake Rd Franklin, NC 28734

Estimated Value: $261,000 - $319,000

3 Beds
2 Baths
-- Sq Ft
29,185 Sq Ft Lot

Sale Details

Date Sold: November 17, 2021

Last sale price $189,000

Est. 56% increase in value since last sale

Current estimated payment $1,640 / mo

50 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Central Air
  • Bonus Room
  • Porch
  • Level Lot

About This Home

As of November 2021

Office Exclusive

Last Agent to Sell the Property

Becky Ramey

Re/Max Elite Realty Brokerage Phone: 8283494600 License #244928 Listed on: 09/28/2021

Re/Max Elite Realty

Last Buyer's Agent

Becky Ramey

Re/Max Elite Realty Brokerage Phone: 8283494600 License #244928 Listed on: 09/28/2021

Re/Max Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $409

Year Built

  • Built in 1958

Lot Details

  • 29,185 Sq Ft Lot
  • Level Lot

Parking

  • No Garage

Home Design

  • Ranch Style House
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Wood Burning Fireplace
  • Insulated Windows
  • Bonus Room
  • Basement Fills Entire Space Under The House
  • Electric Oven or Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7504452816

Home Details

Home Type

Single Family

Est. Annual Taxes

$409

Year Built

Built in 1958

Lot Details

0.67 Acres

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.67
  • Road Surface Type: Paved
  • Ownership: More than One Year
  • Directions: Highlands Rd. to Left on Laurel Lake Rd. to #166 on Left
  • Architectural Style: Ranch/Single
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1958
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Refrigerator, Electric Oven/Range
  • Has Basement: Full
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Bonus Room
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First

Exterior Features

  • Lot Features: Level Yard
  • View: No
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Porch
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Cooling: Central Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well, Private

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 29185.2
  • Parcel #: 7504452816
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 408.55
  • Tax Book Number: J-35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2021
Closed on
Nov 3, 2021
Sold by
Douglas Jelane Reed and Douglas Michael Todd
Bought by
Bridges Jason and Bridges Katherine
Seller's Agent
Becky Ramey
Re/Max Elite Realty
Buyer's Agent
Becky Ramey
RE/MAX Elite Realty
List Price
$189,000
Sold Price
$189,000
Current Estimated Value
$294,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,231
Avg. Annual Appreciation
10.56%
Original Mortgage
$179,000
Outstanding Balance
$164,384
Interest Rate
3.15%
Mortgage Type
New Conventional
Estimated Equity
$129,847

Purchase Details

Closed on
Dec 19, 2012
Sold by
Reed Phillip W and Reed Jean M
Bought by
Douglas Jelane Reed and Douglas Michael Todd
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bridges Jason $189,000 None Available
Douglas Jelane Reed -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bridges Jason $179,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2021 11/17/21 Sold $189,000 0.0% --
10/18/2021 10/18/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $189,000 -- --
Source: Carolina Smokies Association of REALTORS®

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 $830 $223,160 $46,730 $176,430
2024 $830 $223,160 $46,730 $176,430
2023 $438 $223,160 $46,730 $176,430
2022 $438 $69,830 $14,830 $55,000
2021 $426 $69,830 $14,830 $55,000
2020 $409 $69,830 $14,830 $55,000
2018 $416 $79,790 $17,820 $61,970
2017 $416 $79,790 $17,820 $61,970
2016 $416 $79,790 $17,820 $61,970
2015 $393 $79,790 $17,820 $61,970
2014 $480 $126,990 $32,360 $94,630
2013 -- $126,990 $32,360 $94,630
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Becky Ramey

    RE/MAX

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26021628

APN: 7504452816

North Carolina Macon County Franklin 28734

166 Laurel Lake Rd, Franklin, NC

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