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$569,000

Beds
3
Baths
2.5
sq ft
2,864

5 Laurel Forest Drive, Horse Shoe, NC 28742

5 Laurel Forest Drive

Horse Shoe, NC 28742

  • 5 days on market
    • Open house Mar 08
ENDLESS OPPORTUNITIES – Primary residence with Long/Short Term Rental and/or In-law Suite/Multi-Generational Living Area. Charming and well-maintained home nestled in a beautiful mountain setting with NO HOA. Located just over one mile from the new Ecusta Trail in the Laurel Forest neighborhood of Horse Shoe. Featuring Hardwood or Tile throughout – NO CARPET. The upper level boasts an open kitchen, dining, and living area with a cozy wood burning fireplace, access to grilling porch and fenced-in side yard. Primary suite includes a sitting area, walk-in closet and primary bath. The full lower level houses two additional bedrooms each having their own separate Mini Split HVAC units. HIGHLIGHT of the lower level is the outside/inside entrance APARTMENT with one bedroom, one bathroom, full kitchen, and living room which includes its own private outdoor sitting area. On over an acre of land providing privacy, plenty of parking, and room to build an oasis.

Details

Property type

Single Family Residence

Est. home value

$461,761

Lot size

Unknown

Price per sq ft

$199

Year built

1987

Price History

02/26/2025
CanopyMLS

CanopyMLS #4226887

Listed
$569,000
-1.9%
02/19/2025
CanopyMLS

CanopyMLS #4198481

Removed
$580,000
02/13/2025
CanopyMLS

CanopyMLS #4198481

Price change
$580,000
-2.36%

Schools & Community

Elementary school: 

Etowah

Middle school: 

Rugby

High school: 

West Henderson

Community features: 

None

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$236,873
Asking price
$569,000
Closing costs (~8% of asking)
-$45,520
Est. remaining loan balance
-$286,607
Cash to seller
$236,873

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Direct Mortgage Loans Llc

Loan start date

September 2021

Original loan amount

$310,400

Est. remaining balance

$286,607

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Jason Belton Burgess

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 03/04/2025 at 2:30 AM

Listing updated: 03/03/2025 at 9:55 AM

Listed by: Jacob Wike, Nexus Realty LLC Phone #: (828) 585-2188

MLS: CanopyMLS #4226887

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