NOT LISTED FOR SALE

909 N Laurel Trail Franklin, NC 28734

Estimated Value: $1,280,000

124.78 Acres
$10,258 Price per Acre
5,435,416 Sq Ft Lot

Last Sold December 22, 2022

Last sale price $1,200,000

Est. 7% increase in value since last sale

Current estimated payment $6,836/month

168 Days on Market

Highlights

  • 124.78 Acre Lot
  • No HOA
  • Home fronts a stream
  • Partially Wooded Lot
  • Views
  • Stream

About This Lot

As of December 2022

Amazing opportunity to find a tract of this size with views like this left in WNC!! 124+ acres of rare, natural resource encompassing the pinnacle of Onion Mountain in Macon County, NC. Located in the Ellijay Township at the western edge of the Highlands-Cashiers Plateau. Elevation peaks at approx. 3,800 feet. Partially developed with existing infrastructure: 2-mile road system, 4 wells, 5 electrical transformers with underground utilities, 2 old Sierra Geodesic domes, and small radio tower, 20 truckloads of landscaping rocks, 2-3 intermittent small streams with underground springheads, State road to the gated entrance, Legal easement through the adjacent property for southeastern access to Ellijay Road. Great location and easy access to many destinations: 15 Minutes to downtown Franklin, 80 Minutes to Asheville Airport, and about 30 minutes to Highlands, NC. Existing road system has already been started on both sides of the acreage. It's ready to continue making it into development or build your dream home & have ultimate privacy as it borders conservation lands as well as US Forest Service acreage. Many game trails are seen while hiking! Latitude 351215N and Longitude 0831744W

Last Agent to Sell the Property

Becky Ramey

Re/Max Elite Realty Brokerage Phone: 8283494600 License #244928 Listed on: 02/17/2022

Re/Max Elite Realty

Last Buyer's Agent

Kelly Penland

Bald Head Realty License #276321

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $279

Lot Details

  • 124.78 Acre Lot
  • Home fronts a stream
  • Property fronts a state road
  • Partially Wooded Lot

Utilities

  • Underground Utilities
  • Well
  • Septic Tank

Additional Features

  • Property Views

Community Details

  • No Home Owners Association
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 7515776502

Property Details

Property Type

Land

Est. Annual Taxes

$279

Lot Details

0

Listing Details

  • Property Sub Type: Land,Rural Acreage-Wooded
  • Prop. Type: Land
  • Lot Size Acres: 124.78
  • Road Frontage Type: State Road
  • Ownership: More than One Year
  • Directions: 441 to Cat Creek Road (At Chevy & Smoky Mtn Car lots) continue on Cat Creek road just under 2 miles and bear LEFT at bridge onto Cat Creek Road. Go just over 1/2 mile to a RIGHT onto Onion Mountain Road. Go about 2.5 miles to top of mountain past rock cut to North Laurel Trail on the RIGHT at gate. Key at Office
  • Habitable Residence: Yes
  • NAV27_rets_property_type: Land
  • Attribution Contact: 8283494600
  • Special Features: None

Interior Features

  • Possible Use: Residential, Subdevelopment, Multi-Family

Exterior Features

  • Lot Features: Elev over 3000, No Deed Restrictions, Adjoins USFS
  • Topography: Hilly/Steep,Rolling
  • View: Year Round View
  • View: Yes
  • Waterfront Features: Branch/Stream
  • Waterfront Elevation: 3800
  • Other Structures: House As Is, Other

Utilities

  • Sewer: Septic Tank
  • Utilities: Underground Utilities, Other
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 5435416.8
  • Parcel #: 7515776502
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Book Number: S-35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Dec 22, 2022
Sold by
Killian Frank A and Killian Lora M
Bought by
Mainspring Conservation Trust Inc
Seller's Agent
Becky Ramey
Re/Max Elite Realty
Buyer's Agent
Kelly Penland
Bald Head Realty
List Price
$1,999,900
Sold Price
$1,200,000
Premium/Discount to List
-$799,900
-40%
Views
6
Current Estimated Value
$1,280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,000

Purchase Details

Listed on
Apr 9, 2013
Closed on
Jul 5, 2013
Sold by
Novak Gyora
Bought by
Killian Frank A and Killian Lora M
Seller's Agent
Jamie Stamey
Unique Properties Of Franklin
Buyer's Agent
Becky Ramey
RE/MAX Elite Realty
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.92%
Original Mortgage
$650,000
Interest Rate
3.59%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 7, 2012
Sold by
Domes On The Mtn Limited Partnership
Bought by
Novak Gyora and Iris Living Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mainspring Conservation Trust Inc $1,200,000 --
Killian Frank A $1,100,000 None Available
Novak Gyora -- None Available
Novak Gyora -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Killian Frank A $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2022 12/22/22 Sold $1,200,000 -40.0% --
08/05/2022 08/05/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $1,999,900 +81.8% --
07/05/2013 07/05/13 Sold $1,100,000 0.0% -- View Prior Sale
06/05/2013 06/05/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $1,100,000 -- --
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
2023 $279 $481,280 $475,280 $6,000
2022 $279 $481,280 $475,280 $6,000
2021 $270 $481,280 $475,280 $6,000
2020 $255 $481,280 $475,280 $6,000
2018 $736 $659,470 $653,470 $6,000
2017 $736 $659,470 $653,470 $6,000
2016 $736 $659,470 $653,470 $6,000
2015 $736 $659,470 $653,470 $6,000
2014 $1,099 $1,193,330 $997,100 $196,230
2013 -- $1,193,330 $997,100 $196,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26024311

APN: 7515776502