NOT LISTED FOR SALE

601 Laurel Ave Black Mountain, NC 28711

Estimated Value: $398,000 - $499,000

2 Beds
1.5 Baths
1,141 Sq Ft
$389/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $362,000 $317 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,731/month

3 Days on Market

Highlights

  • Golf Course Community
  • Clubhouse
  • Community Pool
  • Community Lake
  • Wood Flooring
  • Tennis Courts

About This Home

As of November 2021

Adorable cottage right on the Black Mountain Golf Course! Located just a short distance from Lake Tomahawk Park and Downtown Black Mountain, this home is truly in the heart of town! With easy access to a public pool, tennis courts, and golf course, this location is as good as it gets. This one-level home has been renovated over the years, and the 3-season porch is a perfect spot for your morning coffee. This rare find is perfect for a primary residence but also has all of the most desirable features for a short-term rental, including a wood-burning fireplace! The floorplan is a very efficient use of space and has a cozy living room, a sitting room, a mud room with separate entrance, a dining room, and an office.

Last Agent to Sell the Property

Scott Russell

Howard Hanna Beverly-Hanks Freestone Properties License #246481 Listed on: 08/27/2021

Last Buyer's Agent

Bernadette Merriman

Looking Glass Realty License #288361

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1936

Lot Details

  • Level Lot

Parking

  • Attached Garage
  • Gravel Driveway

Home Design

  • Cottage

Interior Spaces

  • 1-Story Property
  • Skylights
  • Fireplace
  • Crawl Space
  • Storm Doors

Flooring

  • Wood
  • Tile

Listing and Financial Details

  • Assessor Parcel Number 0619-08-7232-00000

Community Details

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool
  • Trails

Additional Features

  • Community Lake
  • Clubhouse

Home Details

Home Type

Single Family

Year Built

Built in 1936

Lot Details

10,019 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.03429
  • Ratio Close Price By Original Li: 1.03429
  • Ratio Current Price By Acre: 1573913.04
  • Ratio Current Price By Sq Ft: 317.27
  • Year Built: 1936
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Doors and Windows: Storm Door(s)
  • Equipment: Ceiling Fan(s), Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Skylight(s)
  • Laundry Location: Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1141
  • Total Sq Ft: 1141
  • Sq Ft Unheated Main: 139
  • Sq Ft Unheated Total: 139

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Attached Garage, Driveway, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water: City Water
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Community Features: Club House, Golf Course, Lake, Outdoor Pool, Playground, Recreation Area, Tennis Court(s), Walking Trails

Lot Info

  • Lot Features: Golf Course View, Level, Mountain View
  • Parcel Number: 0619-08-7232-00000
  • Zoning Specification: UR-8

Tax Info

  • Tax Value: 209800.00
  • Tax Location: Black Mountain

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Sep 22, 2021
Sold by
Baldwin Mary Allie and Mary Allie Baldwin Family Trus
Bought by
Payne Emily Thompson and Payne Jonathan Dwight
Seller's Agent
Scott Russell
Howard Hanna Beverly-Hanks Freestone Properties
Buyer's Agent
Bernadette Merriman
Looking Glass Realty
List Price
$350,000
Sold Price
$362,000
Premium/Discount to List
$12,000
3.43%
Current Estimated Value
$444,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,350
Avg. Annual Appreciation
4.82%
Original Mortgage
$271,500
Outstanding Balance
$247,045
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$197,305

Purchase Details

Closed on
Jun 21, 2019
Sold by
Baldwin Mary Allie and Mclellan Bert Denton
Bought by
Baldwin Mary Allie and Mary Allie Baldwin Family Trust

Purchase Details

Closed on
Jul 16, 2009
Sold by
Mclellan Bert Denton
Bought by
Mclellan Bert Denton and Baldwin Mary Allie

Purchase Details

Closed on
Jun 25, 1999
Sold by
Clark Sharon L
Bought by
Mclellan Bert Denton and Mclellan Virginia Palmes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Payne Emily Thompson $362,000 None Available
Baldwin Mary Allie -- None Available
Mclellan Bert Denton -- None Available
Mclellan Bert Denton $137,000 --
Clark Sharon L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Emily Thompson $271,500
Previous Owner Clark Sharon L $87,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2021 11/01/21 Sold $362,000 +3.4% $317 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $350,000 -- $307 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 -- $253,800 $51,500 $202,300
2024 -- $253,800 $51,500 $202,300
2023 $2,079 $253,800 $51,500 $202,300
2022 $2,015 $253,800 $0 $0
2021 $1,666 $209,800 $0 $0
2020 $1,597 $185,400 $0 $0
2019 $1,597 $185,400 $0 $0
2018 $1,597 $185,400 $0 $0
2017 $0 $139,200 $0 $0
2016 $1,363 $139,200 $0 $0
2015 -- $139,200 $0 $0
2014 $1,363 $139,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3779146

Canopy MLS (Canopy Realtor® Association)

APN: 0619-08-7232-00000

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