$278,000
SOLD MAY 16, 2025

535 Laurel Falls Rd Franklin, NC 28734

4 Beds
2 Baths
384 Sq Ft
0.77 Acres

Recently Sold

$724 Per Sq Ft

19% Below List Price

266 Days on Market

Highlights

  • Deck
  • Outdoor Water Feature
  • Views
  • Traditional Architecture
  • Covered Patio or Porch
  • Home fronts a stream

About This Home

As of May 2025

Just Reduced! Come and escape to your peaceful, country cabin with your very own babbling creek front. Located in the beautiful mountains of Western North Carolina, 4 bedrooms, 2 bath cabin has a warm vintage traditional charm. Almost 200 feet of beautiful, bold creek frontage. Covered rocking chair front porch overlooking the picturesque creek frontage. Wood burning fireplace, main level living with one bedroom on main floor along with kitchen, dining room, laundry room and a large full bathroom. Upstairs has a sitting room landing area, three additional bedrooms and a second full bathroom with a walk in shower. Minutes to downtown Franklin with easy road access. Also close to Highlands, Cherokee Casino, Bryson City, Waynesville, Asheville, WCU and NE Georgia. Many popular outdoor activities and local attractions nearby including hiking, fishing, rafting, Nantahala Outdoor Center, waterfalls, gem mining and so much more. Short term and long term rentals allowed. Minimal restrictions. Home comes mostly furnished. A little cosmetic updating will make this your dream mountain escape!

Last Agent to Sell the Property

Melissa Frazier

RE/MAX Summit Properties Brokerage Phone: 8287436445 License #329215 Listed on: 08/06/2024

RE/MAX Summit Properties

Last Buyer's Agent

Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $486

Year Built

  • Built in 1978

Lot Details

  • 0.77 Acre Lot
  • Home fronts a stream

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Crawl Space
  • Dryer
  • Property Views

Kitchen

  • Recirculated Exhaust Fan
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Water Feature

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Baseboard Heating
  • Well
  • Septic Tank

Community Details

  • Eden Valley Association

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 7525058152

Home Details

Home Type

Single Family

Est. Annual Taxes

$486

Year Built

Built in 1978

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.77
  • Subdivision Name: 18859
  • Directions: From Franklin, take Hwy 28 Highlands Rd . Turn left on Ellijay Rd. Follow Ellijay Rd to left on Laurel Falls Rd. (Eden Valley Subdivision) entrance. Follow gravel rd. to 535 Laurel Falls Rd. Home on Right. LA sign in place.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1978
  • Attribution Contact: 8287436445
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Negotiable
  • Appliances: Dryer, Exhaust Fan, Electric Oven, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Other, Vinyl
  • Interior Amenities: Ceiling Fan(s), Other

Exterior Features

  • Lot Features: Other, Partially Cleared
  • View: Other, Creek/Stream, Seasonal View
  • View: Yes
  • Waterfront Features: Stream
  • Construction Type: Wood Siding
  • Exterior Features: Other, Water Feature
  • Patio And Porch Features: Rear Porch, Covered, Deck, Front Porch, Porch, Side Porch
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway, Gravel, None, Unpaved

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wood
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Other, See Remarks
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 400.0
  • Association Fee Frequency: Annually
  • Association Name: Eden Valley
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 33541.2
  • Parcel #: 7525058152
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 486.29
  • Tax Lot: 40
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2024
Closed on
May 5, 2025
Sold by
Kelly Aaron L and Kelly Sylvia
Bought by
Mckenna Thomas J and Mckenna Michelle Saltar
Seller's Agent
Melissa Frazier
RE/MAX Summit Properties
Buyer's Agent
Non Member
Non-Member Office
List Price
$345,000
Sold Price
$278,000
Premium/Discount to List
-$67,000
-19.42%
Views
528
Current Estimated Value
$288,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,353
Avg. Annual Appreciation
5.36%
Original Mortgage
$278,000
Outstanding Balance
$277,014
Interest Rate
6.64%
Mortgage Type
VA
Estimated Equity
$11,339

Purchase Details

Closed on
May 29, 2019
Sold by
Kovar Stephen Donald and Kovar Laurie
Bought by
Kelly Aaron L

Purchase Details

Closed on
Aug 7, 2017
Sold by
Kovar Donald F and Kovar Donna M
Bought by
Kovar Stephen Donald and Kelly Aaron L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $278,000 None Listed On Document
Warranty Deed $278,000 None Listed On Document
Warranty Deed -- None Available
Warranty Deed $90,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $278,000 VA
Closed $278,000 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2025 05/16/25 Sold $278,000 +1.1% $724 / Sq Ft
04/29/2025 04/29/25 Pending -- -- --
03/31/2025 03/31/25 Price Changed $275,000 -4.8% $716 / Sq Ft
03/11/2025 03/11/25 Price Changed $289,000 -2.0% $753 / Sq Ft
02/17/2025 02/17/25 Price Changed $295,000 -14.5% $768 / Sq Ft
08/06/2024 08/06/24 For Sale $345,000 -- $898 / Sq Ft
Source: Highlands-Cashiers Board of REALTORS®

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 $498 $118,960 $26,100 $92,860
2024 $498 $118,960 $26,100 $92,860
2023 $486 $118,960 $26,100 $92,860
2022 $474 $77,460 $12,040 $65,420
2021 $461 $77,460 $12,040 $65,420
2020 $441 $77,460 $12,040 $65,420
2018 $462 $91,140 $15,910 $75,230
2017 $0 $91,140 $15,910 $75,230
2016 $462 $91,140 $15,910 $75,230
2015 -- $91,140 $15,910 $75,230
2014 $536 $144,520 $40,250 $104,270
2013 -- $144,520 $40,250 $104,270
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2025

    Melissa Frazier

    RE/MAX

    Section Image

  • N

    Buyer's Agent in 2025

    Non Member

    Non-Member Office

See All Agents

Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 106478

APN: 7525058152

North Carolina Macon County Franklin 28734

535 Laurel Falls Rd, Franklin, NC

Sold

Detached

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