NOT LISTED FOR SALE

705 Mountain Laurel Dr Franklin, NC 28734

Estimated Value: $545,829

3 Beds
4 Baths
2,340 Sq Ft
$233/Sq Ft Est. Value

Last Sold April 27, 2022

Last sale price $595,000 $254 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,968/month

9 Days on Market

Highlights

  • 2.67 Acre Lot
  • Deck
  • Hilly Lot
  • Open Floorplan
  • Contemporary Architecture
  • Multiple Fireplaces

About This Home

As of April 2022

THIS IS YOUR PERFECT MOUNTAIN HOME IN EVERY WAY!!! Amazing Long Range Views from Every Level, Beautiful Fully Furnished Modern Home with Open Floor Plan in Great Condition, Easy Distance from Downtown and Amenities, Well Maintained Paved Access, and a Great Community to Live in or Own your Vacation Rental in, or Both! Great room with vaulted ceilings is open to loft above and has a beautiful 18 foot tall stone gas fireplace as the centerpiece - dining and kitchen are open to great room with 2 beds and a bath on same level. Loft is used as a games room with trundle beds for the kids and a bath. Primary bedroom is downstairs with it's own gas fireplace and bath Bonus guest suite (adds 350 SF) with it's own entrance and bath is on the lowest level - ALL LEVELS HAVE STUNNING MOUNTAIN VIEWS! Enjoy seasons from approx. 2000 SF of wrap-around decks on 3 levels plus awesome stone paved firepit. Heating and AC are by mini-splits with redundant propane and electric wall heaters, great room, kitchen, and dining have heated floors. DEADLINE FOR OFFERS IS NOON, SUNDAY APRIL 3.

Last Agent to Sell the Property

Adam Ehlmann

Keller Williams Great Smokies - Sylva Brokerage Phone: 8285864616 License #310959 Listed on: 03/25/2022

Keller Williams Great Smokies - Sylva

Last Buyer's Agent

Adam Ehlmann

Keller Williams Great Smokies - Sylva Brokerage Phone: 8285864616 License #310959 Listed on: 03/25/2022

Keller Williams Great Smokies - Sylva

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,159

Year Built

  • Built in 1990

Lot Details

  • 2.67 Acre Lot
  • Hilly Lot
  • Partially Wooded Lot

HOA Fees

  • $39 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 2,340 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors
  • Great Room
  • Living Area on First Floor
  • Recreation Room
  • Bonus Room
  • Property Views

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Exterior Basement Entry
  • Finished Basement Bathroom
  • Basement with some natural light

Outdoor Features

  • Deck

Utilities

  • Dehumidifier
  • Ductless Heating Or Cooling System
  • Heating System Uses Propane
  • Mini Split Heat Pump
  • Heating System Powered By Owned Propane
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • Corundum Hill Estates Subdivision
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 7513975674

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,159

Year Built

Built in 1990

Lot Details

0

HOA Fees

$39 per month

Parking

1

Listing Details

  • Property Sub Type: Current Rental,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 2.67
  • Road Surface Type: Paved
  • Ownership: More than One Year
  • Subdivision Name: Corundum Hill Estates
  • Directions: From Franklin: Take Highland Rd NC-64 South about 6 miles; Turn left on the second Deal Farm Cir; Turn right on Corundum Hill Rd - turns into Mountain Laurel Dr - 1.2 miles to property on right.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 1990
  • Kitchen Level: Second
  • NAV27_rets_property_type: Residential
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Gas/Propane Water Heater, Gas Oven/Range, Dishwasher, Refrigerator, Dryer, Microwave, Washer
  • Other Equipment: Dehumidifier
  • Has Basement: Daylight, Finished, Exterior Entry, Finished Bath, Heated
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Door Features: Doors-Insulated
  • Fireplace Features: Gas Log, Two or More
  • Fireplace: Yes
  • Flooring: Vinyl, Hardwood
  • Interior Amenities: Bonus Room, In-law Quarters, Living/Dining Room, Open Floorplan, Split Bedroom, Great Room, Main Level Living, Primary w/Ensuite, Rec/Game Room, Cathedral/Vaulted Ceiling, In-Law Floorplan
  • Living Area: 2340
  • Main Level Bathrooms: 1
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: Second
  • Living Room Living Room Level: Second
  • Room Family Room Level: Third
  • Room Bedroom3 Area: 119.25
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 119.25
  • Room Living Room Area: 700
  • Room Bedroom3 Level: Second
  • Dining Room Dining Room Level: Second
  • Master Bedroom Master Bedroom Width: 17
  • Room Master Bedroom Area: 376.8333
  • Room Family Room Area: 552.25

Exterior Features

  • Lot Features: Hilly/Steep
  • View: View Year Round, Long Range View
  • View: Yes
  • Home Warranty: No
  • Waterfront Elevation: 2920
  • Construction Type: Wood Siding, Stone
  • Other Structures: Apartment Studio
  • Patio And Porch Features: Deck
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage-Single Attached

Utilities

  • Laundry Features: First Level
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Mini-Split, Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Well
  • Gas Company: Propane Tank: Owned
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 465
  • Association Fee Frequency: Annually
  • Association: No

Lot Info

  • Lot Size Sq Ft: 116305.2
  • Parcel #: 7513975674
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1159
  • Tax Book Number: C-40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
Apr 25, 2022
Sold by
Kathleen Vaneepoel
Bought by
Stout Natalie M
Seller's Agent
Adam Ehlmann
Keller Williams Great Smokies - Sylva
Buyer's Agent
Adam Ehlmann
Keller Williams Great Smokies - Sylva
List Price
$595,000
Sold Price
$595,000
Current Estimated Value
$545,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,171
Avg. Annual Appreciation
-2.28%

Purchase Details

Listed on
Feb 29, 2020
Closed on
Aug 6, 2020
Sold by
Loredo Nestor and Limanskaya Svetlana
Bought by
Vaneepoel Kathleen
Seller's Agent
Teresa Murray
Re/Max Elite Realty
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.41%

Purchase Details

Closed on
Jan 9, 2020
Sold by
Loredo Nestor J and Limanskaya Svetlana N
Bought by
Yly Holdings Llc

Purchase Details

Closed on
May 25, 2007
Sold by
Jordan & Jordan Enterprises Lllp
Bought by
Loredo Nestor J and Limanskaya Svetlana N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,800
Interest Rate
6.16%
Mortgage Type
New Conventional
Source: Public Records
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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
Stout Natalie M $595,000 Law Office Of Kenneth W Fromkn
Vaneepoel Kathleen $285,000 None Available
Yly Holdings Llc -- None Available
Loredo Nestor J $382,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Loredo Nestor J $305,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2022 04/27/22 Sold $595,000 0.0% $254 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $595,000 +108.8% $254 / Sq Ft
08/07/2020 08/07/20 Sold $285,000 0.0% $122 / Sq Ft View Prior Sale
07/08/2020 07/08/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $285,000 -- $122 / 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 $1,236 $350,810 $63,530 $287,280
2024 -- $350,810 $63,530 $287,280
2023 $1,187 $351,010 $63,530 $287,480
2022 $1,187 $228,580 $40,710 $187,870
2021 $1,150 $228,580 $40,710 $187,870
2020 $1,092 $228,580 $40,710 $187,870
2018 $1,095 $248,320 $21,580 $226,740
2017 $1,095 $248,320 $21,580 $226,740
2016 $1,095 $248,320 $21,580 $226,740
2015 $1,072 $248,320 $21,580 $226,740
2014 $951 $273,810 $29,480 $244,330
2013 -- $273,810 $29,480 $244,330
Source: Public Records

Agents Affiliated with this Home

  • Adam Ehlmann

    Seller's Agent in 2022

    Adam Ehlmann

    Keller Williams Great Smokies - Sylva

    (828) 788-4181

    3 in this area

    21 Total Sales

    Adam Ehlmann
    Section Image
  • Teresa Murray

    Seller's Agent in 2020

    Teresa Murray

    RE/MAX

    (828) 342-3627

    89 in this area

    98 Total Sales

    Teresa Murray
    Section Image
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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26024694

APN: 7513975674

North Carolina Macon County Franklin 28734

705 Mountain Laurel Dr, Franklin, NC

Not Listed for Sale

MultiFamily

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