NOT LISTED FOR SALE

523 Laurel Ln Newland, NC 28657

Estimated Value: $811,501 - $1,081,000

3 Beds
3 Baths
3,550 Sq Ft
$260/Sq Ft Est. Value

Sale Details

Date Sold: August 4, 2020

Last sale price $530,000 $149 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $5,232 / mo

Highlights

  • Transitional Architecture
  • Separate Outdoor Workshop
  • Attached Garage

About This Home

As of August 2020

At 4,000 foot elevation this magnificent home offers sweeping year-round views, cool summer breezes. Level entrance to the main level entrance hall and great room. This home features many great design elements and premium quality construction throughout. Currently configured with 3 bedrooms there are simple ways to reconfigure existing space to increase the number of bedrooms if desired. A large portion of the lower level has been converted into a professional level woodworking shop for a buyer with the skills to use it. Otherwise, this space can serve many other purposes as it is heated and fully insulated.

Last Agent to Sell the Property

Thomas Golder

Tom Golder Reatly License #287974 Listed on: 06/30/2020

Last Buyer's Agent

Thomas Golder

Tom Golder Reatly License #287974 Listed on: 06/30/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 0.5

HOA Fees

  • $81 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture

Additional Features

  • 3 Full Bathrooms
  • Separate Outdoor Workshop
  • Septic Tank

Community Details

  • Adc Association, Phone Number (828) 733-5809

Listing and Financial Details

  • Assessor Parcel Number 1838-17-10-4297-00000

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0.5 Acres

HOA Fees

$81 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.96539
  • Ratio Close Price By Original Li: 0.96539
  • Ratio Current Price By Acre: 1060000.00
  • Ratio Current Price By Sq Ft: 149.30
  • Year Built: 2003
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished, Block
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Cooktop Electric, Disposal, Dryer
  • H O A Management Phone: 828 733 5809
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Additional: 908
  • Lower Level Sq Ft: 1775
  • Main Level Sq Ft: 1775
  • Total Sq Ft: 3550

Exterior Features

  • Construction: Hardboard Siding, Rough Sawn
  • Construction Type: Site Built
  • Exterior Features: Workshop

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Driveway, Garage - 3 Car, Golf Cart Garage, Parking Space - 4+, Side Load Garage

Utilities

  • Heating: Gas Hot Air Furnace
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 975.00
  • Association Fee Frequency: Annually
  • HOA Management Company: ADC
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Golf Course View, Lake, Long Range View, Mountain View, Year Round View
  • Parcel Number: 1838-17-10-4297-00000
  • Zoning Specification: sfr

Tax Info

  • Tax Value: 379100.00
  • Tax Location: Avery

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2020
Closed on
Sep 25, 2020
Sold by
Bought by
Seller's Agent
Thomas Golder
Tom Golder Reatly
Buyer's Agent
Thomas Golder
Tom Golder Reatly
List Price
$549,000
Sold Price
$530,000
Premium/Discount to List
-$19,000
-3.46%
Current Estimated Value
$923,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,625
Avg. Annual Appreciation
9.91%
Original Mortgage
$300,000
Outstanding Balance
$264,410
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$659,215
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$540,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/04/2020 08/04/20 Sold $530,000 -3.5% $149 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $549,000 -- $155 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,307 $576,800 $35,000 $541,800
2024 $2,307 $576,800 $35,000 $541,800
2023 $2,307 $576,800 $35,000 $541,800
2022 $2,307 $576,800 $35,000 $541,800
2021 $2,085 $379,100 $35,000 $344,100
2020 $2,085 $379,100 $35,000 $344,100
2019 $2,085 $379,100 $35,000 $344,100
2018 $2,085 $379,100 $35,000 $344,100
2017 $1,884 $342,600 $0 $0
2016 $1,532 $342,600 $0 $0
2015 $1,532 $342,600 $40,000 $302,600
2012 -- $500,600 $50,000 $450,600
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Thomas Golder

    Tom Golder Reatly

    (704) 341-1556

    27 Total Sales

    Thomas Golder
    Section Image
See All Agents

Map

Source: Canopy MLS

MLS Number: CAR3635022

Canopy MLS

APN: 1838-17-10-4297-00000

North Carolina Avery County Newland 28657

523 Laurel Ln, Newland, NC

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.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.