$520,000
SOLD APR 4, 2025

5 Laurel Forest Dr Horse Shoe, NC 28742

3 Beds
2.5 Baths
2,864 Sq Ft
1.03 Acres

Recently Sold

$182 Per Sq Ft

9% Below List Price

23 Days on Market

Highlights

  • Open Floorplan
  • Wooded Lot
  • Wine Refrigerator
  • Etowah Elementary School Rated A-
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of April 2025

ACCEPTING BACK UP OFFERS – Primary residence with Long/Short Term Rental and/or In-law Suite/Multi-Generational Living Area. Charming and well-maintained home nestled in a beautiful mountain setting with NO HOA. Located just over one mile from the new Ecusta Trail in the Laurel Forest neighborhood of Horse Shoe. Featuring Hardwood or Tile throughout – NO CARPET. The upper level boasts an open kitchen, dining, and living area with a cozy wood burning fireplace, access to grilling porch and fenced-in side yard. Primary suite includes a sitting area, walk-in closet and primary bath. The full lower level houses two additional bedrooms each having their own separate Mini Split HVAC units. HIGHLIGHT of the lower level is the outside/inside entrance APARTMENT with one bedroom, one bathroom, full kitchen, and living room which includes its own private outdoor sitting area. On over an acre of land providing privacy, plenty of parking, and room to build an oasis.

Last Agent to Sell the Property

Jacob Wike

Nexus Realty LLC Brokerage Phone: 828-585-2188 License #301617 Listed on: 02/26/2025

Last Buyer's Agent

Heather Kogoy

Carolina Luxury Brokers LLC License #321986

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,069

Year Built

  • Built in 1987

Lot Details

  • Partially Fenced Property
  • Sloped Lot
  • Wooded Lot
  • Property is zoned R2, R-2

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Wired For Data
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Apartment Living Space in Basement
  • Basement Storage

Accessible Home Design

  • Ramp on the main level

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit

Schools

  • Etowah Elementary School
  • Rugby Middle School
  • West Henderson High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Laurel Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9929695

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,069

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1987
  • Restrictions: No Restrictions
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 181.56
  • Geocode Confidence: High
  • Attribution Contact: 828-585-2188
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement, Slab
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1488
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 112
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 112
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Double Oven, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Trash Compactor, Washer/Dryer, Wine Refrigerator
  • Above Grade Finished Sq Ft: 1488
  • Accessibility Features: Ramp(s)-Main Level
  • Has Basement: Apartment, Exterior Entry, Finished, Interior Entry, Storage Space, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1376
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 2864
  • Bedroom Main: 1
  • Room Count: 5
  • Bedroom Basement: 2

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Construction Type: Site Built
  • Fencing: Partial
  • Waterfront Elevation: 2000
  • Construction Type: Vinyl
  • Other Structures: Other - See Remarks
  • Patio And Porch Features: Covered, Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Utility Room, Main Level
  • Cooling: Ceiling Fan(s), Central Air, Ductless, Heat Pump
  • Utilities: Cable Available, Electricity Connected, Wired Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No

Schools

  • Middle Or Junior School: Rugby
  • HOA Subject To: None

Lot Info

  • Lot Features: Sloped, Wooded
  • Lot Size Area: 1.03
  • Lot Size Units: Acres
  • Parcel Number: 9929695
  • Zoning: R-2
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R2

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Etowah
  • High School: West Henderson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2025
Closed on
Mar 31, 2025
Sold by
Burgess Jason B and Mccormack April L
Bought by
Ramsammy Verai Mardai and Robinson Jonathan David
Seller's Agent
Jacob Wike
Nexus Realty LLC
Buyer's Agent
Heather Kogoy
Carolina Luxury Brokers LLC
List Price
$569,000
Sold Price
$520,000
Premium/Discount to List
-$49,000
-8.61%
Views
37
Current Estimated Value
$518,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,440
Avg. Annual Appreciation
52.95%
Original Mortgage
$416,000
Outstanding Balance
$410,255
Interest Rate
6.04%
Mortgage Type
New Conventional
Estimated Equity
$216,662

Purchase Details

Closed on
May 24, 2022
Sold by
Burgess Jason B
Bought by
Burgess Jason B and Mccormack April L

Purchase Details

Listed on
Jun 5, 2021
Closed on
Sep 21, 2021
Sold by
Patricia Brucken
Bought by
Burgess Jason B and Mccormack April L
Seller's Agent
Ben Belue
Keller Williams Mtn Partners, LLC
Buyer's Agent
Carmen Carden
Nexus Realty LLC
List Price
$450,000
Sold Price
$320,000
Premium/Discount to List
-$130,000
-28.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.46%
Original Mortgage
$310,400
Interest Rate
2.8%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $520,000 None Listed On Document
Warranty Deed $520,000 None Listed On Document
Warranty Deed -- Washburn Law Pllc
Warranty Deed $320,000 Washburn Law Pllc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $416,000 New Conventional
Closed $416,000 New Conventional
Previous Owner $310,400 New Conventional
Previous Owner $310,400 New Conventional
Previous Owner $212,500 VA
Previous Owner $215,885 New Conventional
Previous Owner $207,750 New Conventional
Previous Owner $196,000 New Conventional
Previous Owner $177,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Sold $520,000 -8.6% $182 / Sq Ft
02/26/2025 02/26/25 For Sale $569,000 +77.8% $199 / Sq Ft
09/24/2021 09/24/21 Sold $320,000 -8.5% $112 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
08/12/2021 08/12/21 Price Changed $349,900 -12.3% $122 / Sq Ft
06/29/2021 06/29/21 Price Changed $399,000 -11.3% $139 / Sq Ft
06/05/2021 06/05/21 For Sale $450,000 -- $157 / 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
2025 $2,069 $379,000 $95,300 $283,700
2024 $2,069 $379,000 $95,300 $283,700
2023 $2,069 $379,000 $95,300 $283,700
2022 $1,552 $229,600 $55,300 $174,300
2021 $0 $220,400 $55,300 $165,100
2020 $1,186 $220,400 $0 $0
2019 $1,186 $220,400 $0 $0
2018 $995 $193,500 $0 $0
2017 $995 $193,500 $0 $0
2016 $995 $193,500 $0 $0
2015 -- $193,500 $0 $0
2014 -- $187,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4226887

Canopy MLS (Canopy Realtor® Association)

APN: 9929695