NOT LISTED FOR SALE

1946 Laurel Branch Rd Vilas, NC 28692

Estimated Value: $671,000 - $798,000

3 Beds
3.5 Baths
2,700 Sq Ft
$277/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $540,000 $200 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,271/month

Highlights

  • Home Theater
  • Mountain View
  • Mountain Architecture
  • Watauga High School Rated A-
  • Wood Burning Stove
  • Furnished

About This Home

As of February 2023

Beautiful Mountain Getaway! Enjoy the mountain views while cozying up to the wood stove or relax on the covered porch surrounded by a peaceful, wooded setting. This cabin has it all! The spacious property offers 3 bedrooms and 3 1/2 baths, yet furnished to sleep 12, there is an extra office on the main floor as well as a large bonus room downstairs. Plenty of space for several families to enjoy the mountains together. Open floor plan caters to family gatherings with the spacious kitchen, dining and living room open to one another. Large primary suite, office and half bath are also on main. Upstairs, you will find two large bedrooms and full bath. The bonus room in basement is currently set up as a theater space adjacent to another full bath, laundry and garage access. Fire pit, fishing pond and scenic overlooks are all available as community amenities for homeowners/guests to enjoy. Short term rentals are permitted. Although this property is being sold fully furnished and set up as a vacation home, it would make a wonderful primary home as well! Tons of storage and sleeping spaces! Beautiful hardwood floors on upper levels, new LVP on lower and brand new heat pump!

Last Agent to Sell the Property

Nikki Rezvani

Keller Williams High Country Listed on: 01/19/2023

Keller Williams High Country

Last Buyer's Agent

Kathy Whittington

RE/MAX Realty Group

RE/MAX Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,348

Year Built

  • Built in 2002

Lot Details

  • 0.83 Acre Lot

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Basement Garage
  • Private Parking
  • Gravel Driveway

Property Views

  • Mountain
  • Seasonal

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Furnished
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Home Theater
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit

Schools

  • Cove Creek Elementary School
  • Watauga High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Heat Pump System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Community Details

  • The Summit At Lost Ridge Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1973-68-3035-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,348

Year Built

Built in 2002

Lot Details

0

HOA Fees

$85 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.83
  • Road Surface Type: Gravel
  • Subdivision Name: The Summit At Lost Ridge
  • Above Grade Finished Sq Ft: 2125.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2002
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Cooktop, Electric Water Heater, Freezer, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 575.0
  • Fireplace Features: Wood Burning, Insert, Wood BurningStove
  • Fireplace: Yes
  • Interior Amenities: Furnished, Pull Down Attic Stairs, Home Theater
  • Living Area: 2700.0
  • Stories: 2

Exterior Features

  • View: Long Range, Mountain(s), Seasonal View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Stone, Wood Siding, Wood Frame
  • Exterior Features: Fire Pit, Gravel Driveway
  • Patio And Porch Features: Covered, Multiple
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Basement, Driveway, Garage, One Car Garage, Gravel, Private

Utilities

  • Laundry Features: In Basement
  • Security: Security System, Closed Circuit Camera(s)
  • Cooling: Central Air, Heat Pump, 1 Unit
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Heat Pump, Oil
  • Heating Yn: Yes
  • Sewer: Private Sewer, Septic Permit 3 Bedroom
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 1025.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Cove Creek
  • High School: Watauga

Lot Info

  • Parcel #: 1973-68-3035-000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2348.0
  • Tax Book Number: 2295/174

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
Feb 21, 2023
Sold by
1946 Laurel Branch Llc
Bought by
Miller David Jason and Vallecillo Olivia
Seller's Agent
Nikki Rezvani
Keller Williams High Country
Buyer's Agent
Kathy Whittington
RE/MAX Realty Group
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%
Views
134
Current Estimated Value
$747,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,921
Avg. Annual Appreciation
13.29%
Original Mortgage
$432,000
Outstanding Balance
$414,861
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$333,060

Purchase Details

Closed on
Aug 27, 2022
Sold by
Richard King Jordan and Richard Ann Tracy
Bought by
1946 Laurel Branch Llc

Purchase Details

Listed on
Sep 4, 2021
Closed on
Feb 14, 2022
Sold by
Barnes William A
Bought by
King Jordan Richard and King Tracy Ann
Seller's Agent
Danielle Moore
Blowing Rock Properties, Inc
Buyer's Agent
Garrett Andersson
The Andersson Group
List Price
$535,000
Sold Price
$535,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.64%
Original Mortgage
$481,500
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Barnes William A and Barnes Marcie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.1%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 12, 2008
Sold by
Boxley James G and Boxley Sheila K
Bought by
Hsbc Bank Usa Na
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
Miller David Jason $540,000 --
1946 Laurel Branch Llc -- Robert B Angle Jr Pa
King Jordan Richard $535,000 Dustin N Stacy Pllc
Barnes William A $240,000 None Available
Hsbc Bank Usa Na $329,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller David Jason $432,000
Previous Owner King Jordan Richard $481,500
Previous Owner Barnes William A $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2023 02/28/23 Sold $540,000 -1.8% $200 / Sq Ft
01/19/2023 01/19/23 For Sale $550,000 +2.8% $204 / Sq Ft
02/14/2022 02/14/22 Sold $535,000 0.0% $197 / Sq Ft View Prior Sale
01/15/2022 01/15/22 Pending -- -- --
09/04/2021 09/04/21 For Sale $535,000 -- $197 / Sq Ft
Source: High Country 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 $2,454 $638,900 $35,800 $603,100
2023 $2,348 $638,900 $35,800 $603,100
2022 $2,348 $616,400 $35,800 $580,600
2021 $1,588 $332,800 $77,800 $255,000
2020 $1,588 $332,800 $77,800 $255,000
2019 $1,588 $332,800 $77,800 $255,000
2018 $1,421 $332,800 $77,800 $255,000
2017 $1,421 $332,800 $77,800 $255,000
2013 -- $396,400 $93,400 $303,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 241324

High Country Association of REALTORS®

APN: 1973-68-3035-000