NOT LISTED FOR SALE

550 Hiram Bare Rd Laurel Springs, NC 28644

Estimated Value: $261,487 - $378,000

2 Beds
1 Bath
1,088 Sq Ft
$311/Sq Ft Est. Value

Last Sold August 23, 2018

Last sale price $157,000 $144 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,889/month

Highlights

  • Horse Facilities
  • Cottage
  • Oversized Parking
  • No HOA
  • Covered Patio or Porch
  • Outdoor Storage

About This Home

As of August 2018

Affordable mountain living adjoining the Parkway! This 2-bedroom, 1 bath home has been completely redone by the seller who also built an oversize 2-car garage with a finished office (321 square feet) with a propane wall heater but no tank currently. Some furnishings are negotiable. The cottage features a farm kitchen with access to a private deck overlooking Park Service land (with a creek) and also the dedicated laundry room. The master bedroom is very large, with a shared en suite bath adjoining the smaller bedroom. The living room is very comfortably sized and adjoins the covered front porch. Just a few steps away you'll find the garage. The land is level - what a treat in the mountains! Elevation at 3057 feet. Age of original house unknown. Tax card shows year built as "1".

Last Agent to Sell the Property

Bower & Handler Team

Howard Hanna Allen Tate Ashe High Country Realty Listed on: 04/05/2018

Last Buyer's Agent

Helen Leserra

Weichert Realtors-High Country Realty

Weichert Realtors-High Country Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $866

Year Built

  • Built in 1998

Lot Details

  • 0.5 Acre Lot
  • Southern Exposure

Parking

  • 2 Car Garage
  • Oversized Parking
  • Gravel Driveway

Home Design

  • Cottage
  • Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,088 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Outbuilding

Schools

  • Ashe Elementary School

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 14429-051

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$866

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Road Surface Type: Gravel
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1088.0
  • Architectural Style: Cottage, Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1998
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1088.0
  • Stories: 1

Exterior Features

  • View: Southern Exposure
  • Home Warranty: No
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Horse Facilities, Out Building(s), Storage, Gravel Driveway
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered, Open
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Detached, Garage, Two Car Garage, Gravel, Other, Oversized, Private, See Remarks

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Ashe

Lot Info

  • Parcel #: 14429-051
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 866.0
  • Tax Book Number: 17E/347

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2018
Closed on
Aug 23, 2018
Sold by
Vinson David L Est
Bought by
Holliday Allen and Holliday Carla
Seller's Agent
Bower & Handler Team
Howard Hanna Allen Tate Ashe High Country Realty
Buyer's Agent
Helen Leserra
Weichert Realtors-High Country Realty
List Price
$157,000
Sold Price
$157,000
Current Estimated Value
$338,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,622
Avg. Annual Appreciation
11.37%
Original Mortgage
$90,000
Outstanding Balance
$78,161
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$260,461

Purchase Details

Closed on
Apr 20, 2007
Sold by
Call Connie Lucille
Bought by
Vinson David L and Vinson Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.1%
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 Buyer Sale Price Title Company
Holliday Allen $157,000 --
Vinson David L $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holliday Allen $90,000
Previous Owner Vinson David L $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2018 08/23/18 Sold $157,000 0.0% $144 / Sq Ft
07/24/2018 07/24/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $157,000 -- $144 / 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
2025 $1,116 $207,400 $11,300 $196,100
2024 $1,075 $207,400 $11,300 $196,100
2023 $1,076 $207,400 $11,300 $196,100
2022 $999 $144,300 $15,000 $129,300
2021 $987 $144,300 $15,000 $129,300
2020 $890 $144,300 $15,000 $129,300
2019 $872 $144,300 $15,000 $129,300
2018 $826 $147,600 $15,000 $132,600
2016 $828 $147,600 $15,000 $132,600
2015 $814 $147,600 $15,000 $132,600
2014 $814 $155,400 $15,000 $140,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 206384

High Country Association of REALTORS®

APN: 14429-051