NOT LISTED FOR SALE

40 Mountain Laurel Dr Unit 772 Old Fort, NC 28762

Estimated Value: $648,000 - $962,000

3 Beds
3 Baths
3,823 Sq Ft
$216/Sq Ft Est. Value

Last Sold July 28, 2020

Last sale price $499,000 $131 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,982/month

5 Days on Market

Highlights

  • Gated Community
  • Wood Flooring
  • Fireplace
  • Post and Beam

About This Home

As of July 2020

Are you looking for a mountain home? Now you have found it. This beautiful post & beam home offers captivating Lake Lure views on over 5 acres w/ a paved road. The great room is perfect for your family & friends to gather. Exceptional lighting. Beautiful fireplace. Quality, custom-built mountain home. Wrap-around deck. Spacious living, recreation & guest space in a fully finished basement. Full garage. Every piece of furniture & decor was purchased specifically for this home (furnishings negotiable). Master bdrm has an attached bath w/ jacuzzi tub & dual sinks, custom cherry cabinetry, library and balcony. Main floor offers kitchen, two bdrms, full bath & a great room. Rental home potential HUGE! Or perfect full/ part-time home! Located in a gated community just east of Asheville w/ natural forest situated on over 3,000 acres while being just minutes to many popular destinations such as Mt Mitchell/ Biltmore House/ Black Mtn/ Lake James/ Lake Lure/ Chimney Rock!

Last Agent to Sell the Property

Jeannie Conner

Greybeard Realty Old Fort Office License #217311 Listed on: 05/22/2020

Last Buyer's Agent

Clay Arnold

GreyBeard Realty License #315538

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 6

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 2

Home Design

  • Post and Beam

Interior Spaces

  • 3 Full Bathrooms
  • Fireplace

Flooring

  • Wood
  • Tile

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0656-00-48-2653

Community Details

Overview

  • Darlene Nolan Association, Phone Number (828) 668-7878

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

HOA Fees

$90 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Post and Beam
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95048
  • Ratio Close Price By Original Li: 0.95048
  • Ratio Current Price By Acre: 90072.20
  • Ratio Current Price By Sq Ft: 130.53
  • Special Assessment Description: $200 ROAD PAVING ANNUAL FEE
  • Special Assessment Yn: Yes
  • Year Built: 1998
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished
  • Upper Level Sq Ft: 862
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 828-668-7878
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Basement: 1215
  • Main Level Sq Ft: 1746
  • Total Sq Ft: 3823

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Satellite Internet Available

Garage/Parking

  • Driveway: Asphalt
  • Parking: Basement, Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Gated Community
  • Association Fee: 1079.00
  • Association Fee Frequency: Annually
  • HOA Management Company: DARLENE NOLAN
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Long Range View, Year Round View
  • Lot Size Area: 5.540
  • Parcel Number: 0656-00-48-2653
  • Plat Reference Section Pages: 946/364

Tax Info

  • Tax Value: 463500.00
  • Tax Location: McDowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Jul 23, 2020
Sold by
Bosco Rhoda J and Bosco Stephen M
Bought by
Hewitt Bradley Daniel
Seller's Agent
Jeannie Conner
Greybeard Realty Old Fort Office
Buyer's Agent
Clay Arnold
GreyBeard Realty
List Price
$525,000
Sold Price
$499,000
Premium/Discount to List
-$26,000
-4.95%
Total Days on Market
5
Current Estimated Value
$824,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,956
Avg. Annual Appreciation
10.95%
Original Mortgage
$449,100
Outstanding Balance
$403,328
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$421,628

Purchase Details

Closed on
Mar 1, 1997
Bought by
Bosco Stephen M and Bosco Rhoda J
Source: Public Records

Similar Homes in Old Fort, NC

  • 1797 Mckenzie Way, Old Fort, NC 28762

    $899,000

    • 3 Beds
    • 3 Baths
    • 3,482 Sq Ft
    • 1797 Mckenzie Way
    • Old Fort, NC

    VA Loan possibility for qualifying veterans!!If you are looking for a beautiful insulated log cabin with breathtaking views then this home is for you. This Home also comes with two adjoining lots to guarantee your privacy in this forest refuge. Most furniture and furnishings will convey with accepted sale price. Gateway Mountain has an abundance of amenities and perks that its residence enjoy,

    Zane Bell-Broch Nexus Realty LLC

    Section Image
  • 2245 Mckenzie Way N Unit 754, Old Fort, NC 28762

    $678,000

    • 2 Beds
    • 4 Baths
    • 2,689 Sq Ft
    • 2245 Mckenzie Way N
    • Unit 754
    • Old Fort, NC

    Classic log home with almost 3 acres is ready for you! Cathedral ceilings and wood beams, 2 spacious bedrooms (1 on the main floor-1 upstairs and the finished basement also offers a guest suite), 2 large baths, and a convenient half-bath off the kitchen. This home is designed for comfort and relaxation. Enjoy cozy evenings by the stone fireplace, outdoor firepit or on the deck listening to the

    Jeannie Conner Greybeard Realty Old Fort Office

    Section Image
  • 150 Bear Mountain Dr Unit 813&815, Old Fort, NC 28762

    $725,000

    • 3 Beds
    • 2.5 Baths
    • 2,004 Sq Ft
    • 150 Bear Mountain Dr
    • Unit 813&815
    • Old Fort, NC

    Perched high in Gateway Mountain, Above the Clouds offers breathtaking views of the Blue Ridge Mountains from nearly every room. This 3BD/2.5BA blends rustic charm and modern comfort, with an open-concept living area, vaulted ceilings, and wood-burning fireplace. Large windows fill the space with light, while the wrap-around deck and screened porch offer outdoor escapes. The main-level primary

    Sunday Grant GreyBeard Realty

    Section Image
  • 33 Cammies Way, Old Fort, NC 28762

    $725,000

    • 4 Beds
    • 4 Baths
    • 1,806 Sq Ft
    • 33 Cammies Way
    • Old Fort, NC

    For Sale: Stunning 4BR Custom Cedar Home on 6.5+/- Acres being sold TURNKEY! Time to come to the mountains. Everything is ready for you. Nestled in a gated community called Gateway Mountain with a national forest feel, this beautiful cedar-sided home is bathed in natural light from expansive windows to skylights. Enjoy a floor-to-ceiling fireplace, an updated kitchen, and brand-new flooring.

    Jeannie Conner Greybeard Realty Old Fort Office

    Section Image
  • 108 Oak Winds Dr Unit 202S, Old Fort, NC 28762

    $697,900

    • 4 Beds
    • 3 Baths
    • 2,595 Sq Ft
    • 108 Oak Winds Dr
    • Unit 202S
    • Old Fort, NC

    Beautiful, well-maintained log home with everything you need. Main floor living features a spacious great room with a stone fireplace. Two primary bedrooms (one on each floor), plus two smaller bedrooms and a flex room with a built-in Murphy bed. Enjoy the screened porch and open deck with a hot tub and mountain views. Entertain in the stylish bar area or start your mornings at the built-in

    Jeannie Conner Greybeard Realty Old Fort Office

    Section Image
  • 277 Long Ridge Rd Unit 882,889, Old Fort, NC 28762

    $645,000

    • 2 Beds
    • 2.5 Baths
    • 2,466 Sq Ft
    • 277 Long Ridge Rd
    • Unit 882,889
    • Old Fort, NC

    Escape to the serene beauty of Gateway Mountain in this charming log home at 277 Long Ridge, Old Fort. Nestled in nature, this fully furnished retreat offers a perfect blend of rustic charm and modern comfort. Recent updates include a newly enclosed primary bedroom with an added shower, enhancing privacy and convenience. Enjoy views of Lake George, now even more expansive, right from your

    Sunday Grant GreyBeard Realty

    Section Image
  • 277 Long Ridge Rd Unit 882,880,889, Old Fort, NC 28762

    $715,000

    • 2 Beds
    • 2.5 Baths
    • 2,466 Sq Ft
    • 277 Long Ridge Rd
    • Unit 882,880,889
    • Old Fort, NC

    Escape to the serene beauty of Gateway Mountain in this charming log home at 277 Long Ridge, Old Fort. Nestled in nature, this fully furnished retreat offers a perfect blend of rustic charm and modern comfort. Recent updates include a newly enclosed primary bedroom with an added shower, enhancing privacy and convenience. Enjoy breathtaking views of Lake George, now even more expansive, right from

    Sunday Grant GreyBeard Realty

    Section Image
  • 552 Lake Rd, Old Fort, NC 28762

    $750,000

    • 4 Beds
    • 3 Baths
    • 2,452 Sq Ft
    • 552 Lake Rd
    • Old Fort, NC

    Fully furnished lakefront mountain retreat in the sought-after Gateway Mountain community! Nestled on 1.9 acres, this gated community spans over 3,000 acres and allows short-term rentals, making it an excellent opportunity for a vacation home or income-producing rental. Overlooking serene Lake George, the property features a private dock, tool shed, and a stunning firepit area with a gravel path

    Stacey Sauls Keller Williams Ballantyne Area

    Section Image
  • 963 Lake Rd, Old Fort, NC 28762

    $800,000

    • 3 Beds
    • 3 Baths
    • 3,709 Sq Ft
    • 963 Lake Rd
    • Old Fort, NC

    **Back on the market at no fault of the seller** Stunning cedar and stone mountain home with breathtaking, long-range views in Gateway Mountain’s 3,000-acre nature preserve! The chef’s kitchen includes silestone counters, oak cabinetry, and an expansive island. Hike to a private community waterfall just 1 mile from your door, explore the nearby community lake or Catawba Falls; only 15 minutes

    Ben Eige David Hoffman Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hewitt Bradley Daniel $499,000 None Available
Bosco Stephen M $2,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hewitt Bradley Daniel $449,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2020 07/28/20 Sold $499,000 -5.0% $131 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $525,000 -- $137 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $6,165 $909,260 $100,000 $809,260
2023 $6,165 $909,260 $100,000 $809,260
2022 $4,328 $629,010 $100,000 $529,010
2021 $4,328 $629,010 $100,000 $529,010
2020 $4,390 $629,010 $0 $0
2019 $4,390 $463,500 $0 $0
2017 $2,969 $463,500 $0 $0
2016 $2,969 $463,500 $100,000 $363,500
2014 $2,826 $463,500 $100,000 $363,500
2013 -- $463,500 $100,000 $363,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3623390

Canopy MLS (Canopy Realtor® Association)

APN: 0656-00-48-2653