NOT LISTED FOR SALE

510 Laurel Cir W Deep Gap, NC 28618

Estimated Value: $368,000 - $457,000

2 Beds
2.5 Baths
1,404 Sq Ft
$295/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $358,000 $255 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,544/month

35 Days on Market

Highlights

  • River Access
  • Fitness Center
  • Fishing
  • Parkway Elementary School Rated A
  • Private Pool
  • Gated Community

About This Home

As of June 2023

Welcome HOME! Enjoy the amazing views and the sounds of nature from the quaint and inviting screened porch of this cabin located in the gated community of Powder Horn Mountain. Be soothed by the sounds rushing water of Laurel Creek just a short hike below the house. The "Laurel Creek Cottage" is an absolute stunner complete with 2 beds and 2.5 baths on over a half acre of gently sloping land AND it is completely fenced!! This home is coming furnished with few exceptions and is currently in a vacation rental program. 2022 gross of over $31K. Over 7K in upcoming bookings just through August 2023 already on the books. Community Poa dues are 1785 annually and cover community swimming pool, hiking trails, campground, clubhouse, fitness center, game room, 3 ponds, playground, chapel, full time maintenance and weekly trash pick up! Kitchen, living room, 2 bedrooms and 2 full baths on main level. Lower level has single bed and secondary tv/entertainment area a half bath and laundry. Great for full time living as well as short term rental! Don't miss this beauty!!!

Last Listed By

Susan Chaney

EXP Realty LLC Listed on: 05/04/2023

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,025

Year Built

  • Built in 1979

Lot Details

  • 0.52 Acre Lot
  • Property fronts a private road
  • Property is Fully Fenced

HOA Fees

  • $149 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2-Story Property
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Casement Windows
  • Window Screens
  • Mountain Views
  • Dryer

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Laundry in Basement

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Private Pool
  • River Access
  • Stream or River on Lot
  • Lake Privileges
  • Wrap Around Porch
  • Screened Patio
  • Outdoor Storage

Schools

  • Parkway Elementary School
  • Watauga High School

Utilities

  • Central Air
  • Space Heater
  • Heat Pump System
  • Wall Furnace
  • Hot Water Heating System
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet
  • Satellite Dish

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 62
  • Assessor Parcel Number 2859-30-2723-000

Community Details

Overview

  • Powder Horn Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Fishing
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,025

Year Built

Built in 1979

Lot Details

0

HOA Fees

$149 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.52
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Powder Horn
  • Above Grade Finished Sq Ft: 1008.0
  • Architectural Style: Cottage, Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1979
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (980) 253-4851
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Water Heater, Microwave, Refrigerator
  • Other Equipment: Satellite Dish
  • Has Basement: Finished, Interior Entry, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 396.0
  • Fireplace Features: Gas, Stone, Vented, Propane
  • Fireplace: Yes
  • Living Area: 1404.0
  • Stories: 2
  • Window Features: Casement Window(s), Screens

Exterior Features

  • Fencing: Full, Partial
  • Pool Features: Community
  • Pool Private: Yes
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Lake Privileges, River Access
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Fence, Pool, Storage, Gravel Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple, Open, Screened, Wrap Around
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, Private

Utilities

  • Laundry Features: In Basement
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Fireplace(s), Heat Pump, Hot Water, Space Heater, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Private Sewer, Septic Permit Unavailable
  • Utilities: High Speed Internet Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Fishing, Gated, Lake, Pool, River, Tennis Court(s), Trails/Paths, Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 1785.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Parkway
  • High School: Watauga

Lot Info

  • Parcel #: 2859-30-2723-000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1025.44
  • Tax Book Number: 2075/843
  • Tax Lot: 62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Jun 2, 2023
Sold by
Suggs William Kyle and Suggs Corrine
Bought by
Cate Ashley and Cate Aaron
Seller's Agent
Susan Chaney
EXP Realty LLC
Buyer's Agent
Renee Clemens
Keller Williams High Country
List Price
$330,000
Sold Price
$358,000
Premium/Discount to List
$28,000
8.48%
Total Days on Market
35
Views
39
Current Estimated Value
$414,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,378
Avg. Annual Appreciation
8.00%
Original Mortgage
$286,400
Outstanding Balance
$280,289
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$134,089

Purchase Details

Listed on
Jan 20, 2020
Closed on
Feb 10, 2020
Sold by
Porter Jerry B and Helmer Jodi Leigh
Bought by
Suggs William Kyle
Seller's Agent
Jerrita Roark
Allen Tate Ashe High Country Realty
Buyer's Agent
Sarah Lyons
Keller Williams High Country
List Price
$187,000
Sold Price
$187,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.61%

Purchase Details

Listed on
Jul 10, 2019
Closed on
Aug 21, 2019
Sold by
Blesh Denise L and Korb Robert
Bought by
Porter Jerry B and Helmer Judi Leigh
Seller's Agent
Susan Chaney
EXP Realty LLC
Buyer's Agent
Jerrita Roark
Allen Tate Ashe High Country Realty
List Price
$165,500
Sold Price
$165,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.98%
Original Mortgage
$132,400
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2018
Closed on
Aug 24, 2018
Sold by
Kylan Llc
Bought by
Blesh Denise L and Korb Robert
Seller's Agent
Margo Lenmark
Allen Tate Realtors Boone
Buyer's Agent
Margo Lenmark
Allen Tate Realtors Boone
List Price
$143,000
Sold Price
$143,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.01%
Original Mortgage
$135,850
Interest Rate
4.6%
Mortgage Type
New Conventional

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
Cate Ashley $358,000 None Listed On Document
Suggs William Kyle $187,000 None Available
Porter Jerry B $165,500 None Available
Blesh Denise L $143,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cate Ashley $286,400
Previous Owner Porter Jerry B $132,400
Previous Owner Blesh Denise L $135,850
Previous Owner Coulson Cheryl A $94,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $358,000 +8.5% $255 / Sq Ft
05/04/2023 05/04/23 For Sale $330,000 +76.5% $235 / Sq Ft
02/14/2020 02/14/20 Sold $187,000 0.0% $134 / Sq Ft
01/20/2020 01/20/20 For Sale $187,000 +13.0% $134 / Sq Ft
08/23/2019 08/23/19 Sold $165,500 0.0% $110 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
07/10/2019 07/10/19 For Sale $165,500 +15.7% $110 / Sq Ft
09/17/2018 09/17/18 Sold $143,000 0.0% $98 / Sq Ft
08/18/2018 08/18/18 Pending -- -- --
03/16/2018 03/16/18 For Sale $143,000 -- $98 / 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 $1,048 $234,600 $19,600 $215,000
2023 $1,025 $234,600 $19,600 $215,000
2022 $1,025 $234,600 $19,600 $215,000
2021 $0 $125,200 $30,000 $95,200
2020 $691 $125,200 $30,000 $95,200
2019 $691 $125,200 $30,000 $95,200
2018 $628 $125,200 $30,000 $95,200
2017 $628 $125,200 $30,000 $95,200
2013 -- $110,900 $15,000 $95,900
Source: Public Records

Agents Affiliated with this Home

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Source: High Country Association of REALTORS®

MLS Number: 243263

High Country Association of REALTORS®

APN: 2859-30-2723-000