NOT LISTED FOR SALE

448 Laurel Hills Rd Newland, NC 28657

Estimated Value: $294,000 - $336,000

3 Beds
2.5 Baths
1,906 Sq Ft
$165/Sq Ft Est. Value

Last Sold August 15, 2024

Last sale price $295,000 $155 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,064/month

56 Days on Market

Highlights

  • Golf Course Community
  • 24-Hour Security
  • Lake Privileges
  • River Access
  • Views of Trees
  • Community Lake

About This Home

As of August 2024

Seller Changed their mind - HUGE PRICE REDUCTION!!!!! This mountain home calls for some TLC, but would be a wonderful home when finished, and now it is priced to allow for the work to be done!!! A great home in Linville Land Harbor that can be seasonal, fulltime or used for rental. Nice mountain home built with love by a woodworker, contains three bedrooms and two and half baths with beautiful wood ceilings and skylights throughout. Large kitchen with newer stainless appliances and great cabinet space with pantry. Great room has beautiful stone fireplace with propane logs for those chilly nights. Relax in the bright sunroom with four skylights and Rinnai auxiliary propane heater to keep you nice and cozy. This home boasts large rooms and garage with extra storage and work area with propane stove. Owner is also selling the RV lot next door - could buy both and combine them for privacy. Linville Land Harbor is a wonderful place to live a simple lifestyle you’ve been looking for without sacrificing the fun. Choose from all the amenities including golf, pickleball, tennis, walking trails, dog parks, swimming, and lakeside beaches. With 24-hour security and a vibrant community spirit, every day here feels like a vacation. And the best part? Your HOA fees cover water, sewer, trash pickup, cable, and Wi-Fi, ensuring a worry-free living. Don't miss out on this opportunity to embrace mountain living at its finest. Schedule your viewing today and make Linville Land Harbor your new home!

Last Agent to Sell the Property

Kim Avery

Mountain Run Properties Brokerage Phone: (828) 733-9200 Listed on: 06/10/2024

Last Buyer's Agent

Karen Cleghorn

Blue Ridge Realty & Inv. - Banner Elk

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,106

Year Built

  • Built in 1999

Lot Details

  • 5,227 Sq Ft Lot
  • Property fronts a private road

HOA Fees

  • $267 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Private Parking
  • Gravel Driveway

Home Design

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

Interior Spaces

  • 2-Story Property
  • Skylights
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Wood Frame Window
  • Views of Trees
  • Pull Down Stairs to Attic
  • Finished Basement

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • River Access
  • Stream or River on Lot
  • Lake Privileges
  • Covered Patio or Porch

Schools

  • Newland Elementary School
  • Avery Middle School
  • Avery County High School

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 1844-05-08-3508-00000

Community Details

Overview

  • Linville Land Harbor Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,106

Year Built

Built in 1999

Lot Details

0

HOA Fees

$267 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Linville Land Harbor
  • Above Grade Finished Sq Ft: 1323.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1999
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (828) 733-9200
  • General Property Information Below Grade Unfinished Area: 324.0
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 583.0
  • Fireplace Features: Gas, Stone, Vented, Propane
  • Fireplace: Yes
  • Interior Amenities: Pull Down Attic Stairs, Skylights
  • Living Area: 1906.0
  • Stories: 2
  • Window Features: Wood Frames, Skylight(s)

Exterior Features

  • Pool Features: Community
  • View: Residential, Trees/Woods
  • View: Yes
  • Waterfront Features: Lake Privileges, River Access
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Gravel Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Open
  • Roof: Asphalt, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Upper Level
  • Security: 24 Hour Security
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric, Fireplace(s), Other, See Remarks
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Dog Park, Golf, Lake, Pickleball, Pool, River, Tennis Court(s), Trails/Paths, Long Term Rental Allowed
  • Association Fee: 3202.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Newland
  • High School: Avery County
  • Middle Or Junior School: Avery

Lot Info

  • Parcel #: 1844-05-08-3508-00000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1105.92
  • Tax Book Number: 455/1165

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2024
Closed on
Aug 14, 2024
Sold by
Malvasio Frank and Malvasio Christine
Bought by
Reed Wesley L and Reed Cindy S
Seller's Agent
Kim Avery
Mountain Run Properties
Buyer's Agent
Karen Cleghorn
Blue Ridge Realty & Inv. - Banner Elk
List Price
$448,200
Sold Price
$295,000
Premium/Discount to List
-$153,200
-34.18%
Views
48
Current Estimated Value
$313,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,667
Avg. Annual Appreciation
0.00%
Original Mortgage
$304,735
Outstanding Balance
$302,676
Interest Rate
6.95%
Mortgage Type
VA
Estimated Equity
-$7,676

Purchase Details

Closed on
Jan 30, 2011
Sold by
Jones Ronald W and Jones Inge
Bought by
Malvasio Frank and Jones Ronald W
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
Reed Wesley L $295,000 None Listed On Document
Malvasio Frank $25,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Wesley L $304,735
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2024 08/15/24 Sold $295,000 0.0% $155 / Sq Ft
08/06/2024 08/06/24 Pending -- -- --
07/02/2024 07/02/24 Price Changed $295,000 -15.5% $155 / Sq Ft
06/16/2024 06/16/24 Price Changed $349,200 -22.1% $183 / Sq Ft
06/10/2024 06/10/24 For Sale $448,200 -- $235 / 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
2023 $1,050 $262,600 $20,000 $242,600
2022 $0 $262,600 $20,000 $242,600
2021 $789 $143,500 $20,000 $123,500
2020 $789 $143,500 $20,000 $123,500
2019 $789 $143,500 $20,000 $123,500
2018 $789 $143,500 $20,000 $123,500
2017 $805 $146,400 $0 $0
2016 $655 $146,400 $0 $0
2015 $655 $146,400 $25,000 $121,400
2012 -- $174,200 $30,000 $144,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 249954

High Country Association of REALTORS®

APN: 1844-05-08-3508-00000