NOT LISTED FOR SALE

59 Laurel Falls Rd Otto, NC 28763

Otto Neighborhood

Estimated Value: $291,000 - $320,061

2 Beds
2 Baths
1,355 Sq Ft
$229/Sq Ft Est. Value

Last Sold May 08, 2024

Last sale price $274,000 $202 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,710/month

2 Days on Market

Highlights

  • Chalet
  • Wood Burning Stove
  • Partially Wooded Lot
  • Deck
  • Private Lot
  • Cathedral Ceiling

About This Home

As of May 2024

Reminiscent of an alpine storybook cottage, this 2BR 2BA chalet-style home will charm your socks off! You'll be whisked away to a simpler time as you step inside & the open, yet cozy floor plan unfolds. Your eyes will be drawn to the gorgeous vaulted, beamed ceiling & the massive stone fireplace that stands as the centerpiece, beckoning you to gather around & bask in its warmth. Sunlight streaming through the big picture windows adds to the charm & creates a canvas as the seasons change around you. The kitchen is the heart of the home & this one is no different! Quaint, country allure invites your family & friends to sit around the island to share stories while meals are prepared. Retire comfortably to the primary suite that features a king bed & ensuite bath. Heading up to the loft sleeping area evokes childhood memories of being in a treehouse, complete w/a walk-in closet & full bath. The private, wooded setting easily lends itself to spending warm days on the wrap-around deck & cool nights by the firepit. The easy-access location is just a hop, skip & a jump from Franklin & Highlands NC and Clayton GA. This charming home is being sold turn-key, so move right in & stay awhile!

Last Agent to Sell the Property

Stephanie Sainz

Bald Head Realty Brokerage Phone: 8283690000 License #280276 Listed on: 04/03/2024

Last Buyer's Agent

Jose Feria

Vignette Realty, LLC License #307752

Vignette Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $811

Year Built

  • Built in 1990

Lot Details

  • 0.89 Acre Lot
  • Private Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Chalet
  • Cottage
  • Rustic Architecture
  • Cabin
  • Shingle Roof
  • Wood Siding
  • Cedar

Interior Spaces

  • 1,355 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Self Contained Fireplace Unit Or Insert
  • Stone Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Great Room
  • Living Area on First Floor
  • Crawl Space
  • Property Views

Kitchen

  • Country Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • 1 Attached Carport Space
  • Limited Parking

Outdoor Features

  • Deck

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Floor Furnace
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heating System Powered By Owned Propane
  • Shared Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Swiss Village Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 6488541873

Home Details

Home Type

Single Family

Est. Annual Taxes

$811

Year Built

Built in 1990

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.89
  • Road Frontage Type: Property Owners' Assoc
  • Road Surface Type: Paved, Gravel
  • Ownership: More than One Year
  • Subdivision Name: Swiss Village
  • Directions: From downtown Franklin take 441S/Georgia Road for approximately 13 miles to RIGHT onto SECOND Wallalieu Gap Road almost to the state line. In less than half a mile turn LEFT onto Swiss Village Road. Follow for 0.3 miles and at the intersection of Laurel Falls & Davis Road stay STRAIGHT onto Laurel Falls Road. Home is 1st driveway on the RIGHT. No sign.
  • Architectural Style: Cottage, Cabin, Chalet
  • Carport Y N: Yes
  • Garage Yn: No
  • Year Built: 1990
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • NAV27_AllowsVacationRentalYN: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Electric Water Heater, Dishwasher, Microwave, Electric Oven/Range, Gas Oven/Range, Refrigerator, Washer, Dryer
  • Has Basement: Crawl Space, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Doors-Insulated
  • Fireplace Features: Wood Burning Stove, Stone, Insert
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Cathedral/Vaulted Ceiling, Ceiling Fan(s), Country Kitchen, Great Room, Kitchen Island, Living/Dining Room, Main Level Living, Primary w/Ensuite, Primary on Main Level, Split Bedroom
  • Living Area: 1355
  • Main Level Bathrooms: 1
  • Window Features: Insulated Windows, Window Treatments
  • Room Bedroom2 Level: Second
  • Master Bedroom Master Bedroom Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: Private, Rolling
  • View: Short Range View, View-Winter
  • View: Yes
  • Home Warranty: No
  • Construction Type: Cedar, Wood Siding
  • Exterior Features: Rustic Appearance
  • Patio And Porch Features: Deck
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Carport-Single Attached, Limited Parking

Utilities

  • Laundry Features: First Level
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wood, Propane, Forced Air, Floor Furnace
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Shared Well
  • Gas Company: Propane Tank: Owned
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 38768.4
  • Parcel #: 6488541873
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 810.71
  • Tax Book Number: W-42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
May 8, 2024
Sold by
Elam Wayland H and Elam Harvalyn
Bought by
Miranda Eva B
Seller's Agent
Stephanie Sainz
Bald Head Realty
Buyer's Agent
Jose Feria
Vignette Realty, LLC
List Price
$269,000
Sold Price
$274,000
Premium/Discount to List
$5,000
1.86%
Views
31
Current Estimated Value
$309,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,765
Avg. Annual Appreciation
8.70%
Original Mortgage
$219,200
Outstanding Balance
$214,852
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$94,913

Purchase Details

Closed on
Nov 21, 2023
Sold by
Mark S Elam And Denise A Elam Living Tru
Bought by
Elam Mark S and Elam Denise A

Purchase Details

Closed on
Nov 17, 2023
Sold by
Elam Mark S and Elam Denise A
Bought by
Elam Wayland H and Elam Harvalyn

Purchase Details

Closed on
Jul 5, 2013
Sold by
Elam Mark S and Elam Denise A
Bought by
Elam Mark S and Elam Denise A
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
Miranda Eva B $274,000 None Listed On Document
Miranda Eva B $274,000 None Listed On Document
Elam Mark S -- None Listed On Document
Elam Mark S -- None Listed On Document
Elam Wayland H -- None Listed On Document
Elam Wayland H -- None Listed On Document
Elam Mark S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miranda Eva B $219,200
Closed Miranda Eva B $219,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2024 05/08/24 Sold $274,000 +1.9% $202 / Sq Ft
04/06/2024 04/06/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $269,000 -- $199 / Sq Ft
Source: Carolina Smokies 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 -- $250,840 $24,780 $226,060
2024 $823 $250,840 $24,780 $226,060
2023 $777 $207,290 $24,780 $182,510
2022 $777 $133,830 $13,070 $120,760
2021 $777 $133,830 $13,070 $120,760
2020 $701 $133,830 $13,070 $120,760
2018 $618 $126,320 $16,600 $109,720
2017 $618 $126,320 $16,600 $109,720
2016 $618 $126,320 $16,600 $109,720
2015 $590 $126,320 $16,600 $109,720
2014 $560 $148,690 $29,390 $119,300
2013 -- $148,690 $29,390 $119,300
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Sainz

    Seller's Agent in 2024

    Stephanie Sainz

    Bald Head Realty

    (828) 215-0606

    20 in this area

    238 Total Sales

    Stephanie Sainz
    Section Image

  • J

    Buyer's Agent in 2024

    Jose Feria

    Vignette Realty, LLC

    (828) 333-5943

    2 in this area

    41 Total Sales

    Jose Feria
    Section Image
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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26036268

APN: 6488541873

North Carolina Macon County Otto 28763 Otto

59 Laurel Falls Rd, Otto, NC

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