NOT LISTED FOR SALE

281 Laurel Way Franklin, NC 28734

Estimated Value: $147,000 - $337,000

2 Beds
2 Baths
1,134 Sq Ft
$205/Sq Ft Est. Value

Last Sold July 25, 2014

Last sale price $58,000 $51 Per Sq Ft

Est. 300% increase in value since last sale

Current estimated payment $1,286/month

152 Days on Market

Highlights

  • Barn
  • Workshop
  • Window Unit Cooling System
  • Traditional Architecture
  • No HOA
  • Handicap Accessible

About This Home

As of July 2014

Cute home on nice flat lot with mature landscape in a good neighborhood. Full basement with garage, workshop, and stairs with chairlift to upper level. Screened in back porch for outdoor living and entertaining. Would be a great starter, rental, or mountain retirement home.

Last Agent to Sell the Property

Benjamin Vanhook

Mountain Pro Real Estate Prof. Brokerage Phone: 8285248091 License #233436 Listed on: 01/22/2014

Last Buyer's Agent

Teresa Murray

RE/MAX Elite Realty License #65043

RE/MAX Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $451

Year Built

  • Built in 1978

Lot Details

  • 0.63

Parking

  • 1 Car Garage
  • Basement Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Insulated Windows
  • Combination Kitchen and Dining Room
  • Workshop
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Recirculated Exhaust Fan

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Workshop
  • Basement with some natural light

Outdoor Features

  • Outdoor Storage
  • Outbuilding

Utilities

  • Window Unit Cooling System
  • Heating System Uses Wood
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank
  • Shared Septic

Additional Features

  • Handicap Accessible
  • 0.63 Acre Lot
  • Barn

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6592120287

Home Details

Home Type

Single Family

Est. Annual Taxes

$451

Year Built

Built in 1978

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.63
  • Road Surface Type: Gravel
  • Ownership: Less than One Year
  • Subdivision Name: No
  • Directions: 441 South to Riverside Drive on right then left on Hickory Knoll then left on Laurel Way. House will be on the right. LO will be up shortly.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 1978
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8285248091
  • Special Features: 1028

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Exhaust Fan, Electric Oven/Range
  • Accessibility Features: Handicap Design
  • Has Basement: Full, Daylight, Workshop, Exterior Entry, Interior Entry, Washer/Dryer Hook-up, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Interior Amenities: Workshop, Kitchen/Dining Room
  • Window Features: Insulated Windows
  • Room Living Room Area: 243
  • Room Kitchen Area: 66.6667
  • Master Bedroom Master Bedroom Width: 14.3333
  • Room Master Bedroom Area: 220.9722

Exterior Features

  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Other Structures: Storage Building/Shed, Outbuilding/Workshop, Barn(s)
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage-Single in Basement

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Wood, Baseboard
  • Heating Yn: Yes
  • Sewer: Shared Septic, Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 27442.8
  • Parcel #: 6592120287
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 451.3
  • Tax Book Number: W-18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2014
Closed on
Jul 15, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Hancock Michael
Seller's Agent
Benjamin Vanhook
Mountain Pro Real Estate Prof.
Buyer's Agent
Teresa Murray
RE/MAX Elite Realty
List Price
$58,000
Sold Price
$58,000
Current Estimated Value
$232,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,089
Avg. Annual Appreciation
13.47%

Purchase Details

Closed on
Jan 14, 2014
Sold by
Dees Willis Hugh L and Dees Willis Orlee
Bought by
Nationstar Mortgage Llc and Champion Mortgage Co
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
Hancock Michael $58,000 None Available
Nationstar Mortgage Llc $110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Willis Hugh L $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2014 07/25/14 Sold $58,000 0.0% $51 / Sq Ft
06/25/2014 06/25/14 Pending -- -- --
01/23/2014 01/23/14 For Sale $58,000 -- $51 / Sq Ft
Source: Carolina Smokies 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 $728 $136,980 $32,010 $104,970
2023 $520 $136,980 $32,010 $104,970
2022 $520 $85,270 $13,600 $71,670
2021 $520 $85,770 $13,600 $72,170
2020 $498 $85,770 $13,600 $72,170
2018 $511 $97,700 $14,500 $83,200
2017 $0 $97,700 $14,500 $83,200
2016 $511 $97,700 $14,500 $83,200
2015 $488 $97,700 $14,500 $83,200
2014 $467 $118,160 $23,130 $95,030
2013 -- $118,160 $23,130 $95,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 53470

APN: 6592120287