NOT LISTED FOR SALE

508 Laurel Ln Newland, NC 28657

Estimated Value: $348,031 - $642,000

3 Beds
3 Baths
1,844 Sq Ft
$266/Sq Ft Est. Value

Last Sold September 17, 2020

Last sale price $221,000 $120 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $2,811/month

90 Days on Market

Highlights

  • Golf Course Community
  • Private Membership Available
  • Tennis Courts
  • Mountain View
  • Clubhouse
  • Cottage

About This Home

As of September 2020

Charming smaller home in Mountain Glen that has had some upgrades. New metal roof and new paint within last two years. Engineered wood floors, new appliances, new toilets and sinks in main floor bathrooms. 2 bedrooms and 2 full baths on main level with large great room with nice stone fireplace. Open kitchen and dining with new counter top in the kitchen and a covered deck just off the living area. Nice view potential with some tree topping. Downstairs had another bedroom, full bath, laundry and storage area. Oversize garage area will accommodate 2 cars plus a golf cart. There is another covered deck just off the garage. Perfect home for a summer get away or year round for a couple. Yard is nicely landscaped and very little grass to maintain. Come see all that Mountain Glen has to offer.

Last Agent to Sell the Property

Lou Cooper

Century 21 Mountain Vistas Listed on: 05/19/2020

Last Buyer's Agent

Thomas Golder

Claybank Investors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $733

Year Built

  • Built in 1983

Lot Details

  • 0.4 Acre Lot
  • Property fronts a private road
  • Zoning described as Deed Restrictions

HOA Fees

  • $54 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Basement Garage
  • Driveway

Home Design

  • Cottage
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • No Cooling
  • Heating Available
  • Private Water Source
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 183705292779

Community Details

Overview

  • Private Membership Available
  • Mountain Glen Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$733

Year Built

Built in 1983

Lot Details

0

HOA Fees

$54 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Mountain Glen
  • Above Grade Finished Sq Ft: 1344.0
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1983
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Electric Range, Electric Water Heater, Gas Cooktop, Disposal, Refrigerator
  • Has Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 500.0
  • Fireplace Features: Gas, Propane
  • Fireplace: Yes
  • Living Area: 1844.0
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior Features

  • View: Long Range
  • View: Yes
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Patio And Porch Features: Covered, Multiple
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Asphalt, Basement, Driveway, Garage, Two Car Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, In Basement
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Fireplace(s)
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Golf, Tennis Court(s), Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 650.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 183705292779
  • Zoning Description: Deed Restrictions
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 733.0
  • Tax Book Number: 508/354

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2020
Closed on
Sep 15, 2020
Sold by
Ramsey Jacob F and Gragg Micaela
Bought by
Barrett Frank P and Baker Elizabeth M
Seller's Agent
Lou Cooper
Century 21 Mountain Vistas
Buyer's Agent
Thomas Golder
Claybank Investors
List Price
$221,000
Sold Price
$221,000
Current Estimated Value
$491,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,258
Avg. Annual Appreciation
17.51%
Original Mortgage
$0
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2017
Sold by
Cartner David W
Bought by
Ramsey Jacob F and Gragg Micaela N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Barrett Frank P $446 Cocke William B
Ramsey Jacob F $135,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrett Frank P $113,182
Closed Barrett Frank P $108,000
Closed Barrett Frank P $0
Previous Owner Ramsey Jacob F $172,975
Previous Owner Ramsey Jacob F $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2020 09/17/20 Sold $221,000 0.0% $120 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $221,000 -- $120 / 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
2024 $1,022 $255,600 $35,000 $220,600
2023 $1,022 $255,600 $35,000 $220,600
2022 $1,022 $255,600 $35,000 $220,600
2021 $899 $163,500 $35,000 $128,500
2020 $899 $163,500 $35,000 $128,500
2019 $733 $133,200 $35,000 $98,200
2018 $733 $133,200 $35,000 $98,200
2017 $996 $181,100 $0 $0
2016 $810 $181,100 $0 $0
2015 $810 $181,100 $40,000 $141,100
2012 -- $211,200 $50,000 $161,200
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lou Cooper

    Century 21 Mountain Vistas

  • T

    Buyer's Agent in 2020

    Thomas Golder

    Claybank Investors

    (704) 341-1556

    19 in this area

    36 Total Sales

    Thomas Golder
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Map

Source: High Country Association of REALTORS®

MLS Number: 221914

High Country Association of REALTORS®

APN: 1837-05-29-2779-00000

North Carolina Avery County Newland 28657

508 Laurel Ln, Newland, NC

This home is located at 508 Laurel Ln, Newland, NC 28657 since 19 May 2020 and is currently estimated at $491,258, approximately $266 per square foot. This property was built in 1983. 508 Laurel Ln is a home located in Avery County with nearby schools including Newland Elementary School and Avery Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

High Country Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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