NOT LISTED FOR SALE

250 Laurel Ridge Ln Murphy, NC 28906

Estimated Value: $464,908 - $700,000

3 Beds
2.5 Baths
2,700 Sq Ft
$211/Sq Ft Est. Value

Last Sold December 16, 2016

Last sale price $249,000 $92 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $3,104/month

114 Days on Market

Highlights

  • River View
  • Deck
  • Contemporary Architecture
  • 2.57 Acre Lot
  • Wood Burning Stove
  • Cathedral Ceiling

About This Home

As of December 2016

This is Riversong where the music of the river lulls you to sleep at night and fascinates endlessly during the day. Fabulous custom designed Furnished 4 BR 2.5 Bath home with 140 feet of Hiwassee River frontage plus great mountain views plus privacy. Elegant interior mix of wood, rock and drywall soaring cedar cathedral ceilings, bay window, stone wood burning fireplace, over sized two car garage, landscaped yard with ample parking. Main floor master suite and very convenient to downtown Murphy as well as the John C Campbell Folk School, Murphy Medical Center and Cherokee Hills Golf Course - Unique and wonderful home that really is a treat to see.

Last Agent to Sell the Property

Michelle Spies

Carolina Mountain Homes Brokerage Phone: 8288377322 License #237859 Listed on: 06/24/2016

Last Buyer's Agent

Sharon Carothers

Vista Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 2.57 Acre Lot
  • River Front

Property Views

  • River
  • Mountain

Home Design

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

Interior Spaces

  • Furnished
  • Sheet Rock Walls or Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Wood Burning Stove
  • Insulated Windows
  • Window Screens
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Garage
  • Driveway
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • Property has a Home Owners Association
  • River Ridge Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 551103219186000

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1998
  • Property Sub Type: Residential
  • Road Frontage Type: River
  • Lot Size Acres: 2.57
  • Road Surface Type: Gravel
  • Water Body Name: Hiwassee
  • Subdivision Name: River Ridge
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Range, Microwave, Dishwasher, Washer, Dryer
  • Has Basement: Crawl Space
  • Furnished: Furnished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Wood, Carpet, Laminate
  • Interior Amenities: Pantry, Ceiling Fan(s), Cathedral Ceiling(s), Sheetrock, Wood
  • Window Features: Insulated Windows, Screens
  • Master Bedroom Master Bedroom Level: Main,Upper

Exterior Features

  • Roof: Shingle
  • View: Mountain(s), Year Round, River, Long Range
  • Topography: Wooded,Sloping,Rolling,Steep
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Private Yard
  • Patio And Porch Features: Front Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Garage, Driveway, Gravel, Concrete

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric, Wood Stove
  • Sewer: Septic Tank
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: River Access
  • Senior Community: No
  • Association Fee: 500
  • Association: Yes

Schools

  • Junior High Dist: Murphy

Lot Info

  • Lot Size Sq Ft: 111949.2
  • Parcel #: 551103219186000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2016
Closed on
Oct 28, 2016
Sold by
Overcash Dorothy M and Overcash Johnson W
Bought by
Newton Rebecca L
Seller's Agent
Michelle Spies
Carolina Mountain Homes
Buyer's Agent
Sharon Carothers
Vista Realty
List Price
$249,000
Sold Price
$249,000
Current Estimated Value
$568,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,727
Avg. Annual Appreciation
9.49%
Original Mortgage
$169,000
Outstanding Balance
$135,528
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$433,199

Purchase Details

Closed on
Sep 1, 1995
Bought by
Overcash Dorothy M Yancy and Overcash Overcash
Source: Public Records
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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
Newton Rebecca L $249,000 None Available
Overcash Dorothy M Yancy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newton Rebecca L $169,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2016 12/16/16 Sold $249,000 0.0% $92 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $249,000 -- $92 / Sq Ft
Source: Northeast Georgia 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 $1,813 $243,730 $0 $0
2024 $18 $243,730 $0 $0
2023 $1,803 $243,730 $0 $0
2022 $1,803 $243,730 $0 $0
2021 $1,518 $243,730 $45,000 $198,730
2020 $1,420 $243,730 $0 $0
2019 $1,449 $221,930 $0 $0
2018 $1,449 $221,930 $0 $0
2017 $1,498 $229,890 $0 $0
2016 $1,498 $229,890 $0 $0
2015 $1,219 $229,890 $87,850 $142,040
2012 -- $229,890 $87,850 $142,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Georgia Board of REALTORS®

MLS Number: 259339

Northeast Georgia Board of REALTORS®

APN: 5511-03-21-9186-000