NOT LISTED FOR SALE

1852 Mountain Laurel Dr Franklin, NC 28734

Franklin Area

Estimated Value: $1,162,662

4 Beds
4.5 Baths
-- Sq Ft
9.4 Acre Lot

Sale Details

Date Sold: June 10, 2024

Last sale price $1,400,000

Est. 17% decrease in value since last sale

Current estimated payment $6,628 / mo

23 Days on Market

Highlights

  • Gated Parking
  • 9.4 Acre Lot
  • Wooded Lot
  • Panoramic View
  • Contemporary Architecture
  • Vaulted Ceiling

About This Home

As of June 2024

This magnificent property located just minutes from Highlands and Franklin, North Carolina features a custom-designed four-bedroom, four and one-half bath home, with guest cottage, on 9.4 acres bordering USFS lands. A welcoming front entrance, set among natural rock outcroppings, leads to an open interior design featuring built for entertaining, chef's kitchen. dining space and a spacious primary bedroom. w/en-suite bath. Enjoy breathtaking year-round views from the expansive deck area, perfect for enjoying cool summer evenings and al fresco dining. Lower level features three spacious bedrooms, each with their own bath, kitchenette with a separate entrance, laundry room, library/study/rec room and wine cellar. Two-car carport with covered walkway to the home, plus a detached two-car garage/workshop. Top of the line design, materials and craftmanship define this one-of-a-kind property.

Last Agent to Sell the Property

Tommy Jenkins

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 License #46524 Listed on: 03/03/2024

Highlands Sotheby's International Realty - DT

Last Buyer's Agent

Non Member

Non-Member Office

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,015

Year Built

  • Built in 1990

Lot Details

  • 9.4 Acre Lot
  • Wooded Lot

Property Views

  • Panoramic
  • Mountain

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Wood Siding

Interior Spaces

  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Dryer

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Parking

  • Detached Garage
  • 2 Carport Spaces
  • Gated Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Zoned Cooling
  • Heat Pump System
  • Private Water Source
  • Septic Tank

Community Details

  • Property has a Home Owners Association
  • Corundum Hill Estates Subdivision

Listing and Financial Details

  • Tax Lot 309
  • Assessor Parcel Number 76233270867

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,015

Year Built

Built in 1990

Lot Details

9.4 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 9.4
  • Subdivision Name: Corundum Hill Estates
  • Directions: 64E (Highlands Rd) - Left onto Corundum Hill Rd - at fork stay straight on Mountain Laurel to the top #1852. No drive-by's
  • Architectural Style: Contemporary
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1990
  • Attribution Contact: 8285268300
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Gas Oven, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Laminate, Tile, Wood
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Kitchen Island, Pantry, Vaulted Ceiling(s), Wine Cellar, Walk-In Closet(s)
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Borders National Forest, Wooded
  • View: Mountain(s), Panoramic
  • View: Yes
  • Construction Type: Stone, Wood Siding
  • Other Structures: Guest House, Workshop
  • Patio And Porch Features: Balcony, Rear Porch, Covered, Side Porch
  • Roof: Metal

Garage/Parking

  • Carport Spaces: 2.0
  • Covered Parking Spaces: 2.0
  • Parking Features: Carport, Detached, Gated, Paved

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Electric, Heat Pump, Zoned
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Septic Tank
  • Utilities: High Speed Internet Available
  • Water Source: Private

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 409464.0
  • Parcel #: 76233270867

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 3014.64
  • Tax Lot: 309
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2024
Closed on
Apr 26, 2024
Sold by
Bought by
Seller's Agent
Tommy Jenkins
Highlands Sotheby's International Realty - DT
Buyer's Agent
Non Member
Non-Member Office
List Price
$1,495,000
Sold Price
$1,400,000
Premium/Discount to List
-$95,000
-6.35%
Views
38
Current Estimated Value
$1,162,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$237,338
Avg. Annual Appreciation
-8.10%
Original Mortgage
$1,000,000
Outstanding Balance
$970,336
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$192,326

Purchase Details

Closed on
Apr 20, 2007
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,400,000 None Listed On Document
$1,000,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,000,000
Closed $1,000,000
Previous Owner $250,000
Previous Owner $325,000
Previous Owner $167,500
Previous Owner $200,000
Previous Owner $199,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/10/2024 06/10/24 Sold $1,400,000 -6.4% --
03/27/2024 03/27/24 Pending -- -- --
03/03/2024 03/03/24 For Sale $1,495,000 -- --
Source: Highlands-Cashiers Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,002 $961,290 $159,130 $802,160
2025 $3,002 $897,790 $159,130 $738,660
2024 $2,641 $1,032,400 $159,130 $873,270
2023 $2,629 $729,150 $75,080 $654,070
2022 $2,818 $519,880 $84,620 $435,260
2021 $2,725 $574,180 $84,620 $489,560
2020 $2,579 $574,180 $84,620 $489,560
2018 $2,465 $588,520 $68,930 $519,590
2017 $2,465 $588,520 $68,930 $519,590
2016 $2,465 $588,520 $68,930 $519,590
2015 $2,442 $588,520 $68,930 $519,590
2014 $2,186 $658,440 $95,120 $563,320
2013 -- $658,440 $95,120 $563,320
Source: Public Records

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 103805

APN: 7523270867

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