NOT LISTED FOR SALE

104 Summit Dr Franklin, NC 28734

Estimated Value: $416,750 - $468,000

4 Beds
3.5 Baths
1,551 Sq Ft
$288/Sq Ft Est. Value

Last Sold September 25, 2013

Last sale price $195,000 $126 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $2,433/month

53 Days on Market

Highlights

  • Spa
  • New Kitchen
  • 2-Story Property
  • Open Floorplan
  • Recreation Room
  • Cathedral Ceiling

About This Home

As of September 2013

Foreclosure in the heart of Franklin. Home consists of 3bd/2ba, 1600sf split floor plan on the main with cathedral ceilings w/ gas log fireplace in the living room, corian counter kitchen, large master suite w/ private access to a large screened porch and two-car garage on the main. Downstairs consists of 1bd/1.5ba, 800+/-sf, large family/bonus room, 1 car garage, and wet bar. A lot of home for the money, location is superb.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,903

Year Built

  • Built in 2004

Lot Details

  • 0.39

Parking

  • 2 Car Detached Garage
  • Basement Garage
  • Garage Door Opener

Home Design

  • 2-Story Property
  • Shingle Roof
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Living Area on First Floor
  • Breakfast Room
  • Formal Dining Room
  • Recreation Room
  • Workshop

Kitchen

  • New Kitchen
  • No Kitchen Appliances

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Spa Bath

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Workshop
  • Basement with some natural light

Utilities

  • Cooling Available
  • Heating System Uses Propane
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Handicap Accessible
  • Spa
  • 0.39 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6584971701

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,903

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.39
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Ownership: Less than One Year
  • Directions: From Downtown Franklin travel west on Main Street to left on Porter Street, continue past high school then turn right onto Wayah Street for 1 block to another right on Maple Street, continue on Maple St past the Catholic church and then left on Dogwood Street, then up the hill to left on Summit. House is just ahead at LA sign on the left at #104.
  • Architectural Style: Ranch/Single
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 2004
  • NAV27_rets_property_type: Residential
  • Special Features: 1028

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Electric Water Heater, None
  • Accessibility Features: Interior Handicapped Accessible
  • Has Basement: Full, Finished, Heated, Daylight, Recreation/Game Room, Workshop, Exterior Entry, Interior Entry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Doors-Insulated
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Ceramic Tile
  • Interior Amenities: Cathedral/Vaulted Ceiling, Open Floorplan, Split Bedroom, Walk-In Closet(s), Workshop, Rec/Game Room, In-law Quarters, Breakfast Room, Formal Dining Room, New Kitchen, Primary on Main Level, Main Level Living, Ceiling Fan(s), In-Law Floorplan
  • Window Features: Insulated Windows, Window Treatments, Skylight(s)

Exterior Features

  • Lot Features: None
  • View: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Other Structures: Apartment Studio
  • Roof: Fiberglass, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Garage-Double Detached, Garage-Single in Basement, Garage Door Opener

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Propane, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 16988.4
  • Parcel #: 6584971701
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1903.01
  • Tax Book Number: Q-35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2013
Closed on
Sep 24, 2013
Sold by
Macon Bank Inc
Bought by
Hall Dave T and Hall Donna Jean
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
$446,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,188
Avg. Annual Appreciation
6.95%

Purchase Details

Closed on
May 20, 2013
Sold by
Daniel Seay Development Corp
Bought by
Macon Bank Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hall Dave T $195,000 None Available
Macon Bank Inc $195,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2013 09/25/13 Sold $195,000 0.0% $126 / Sq Ft
08/26/2013 08/26/13 Pending -- -- --
07/03/2013 07/03/13 For Sale $195,000 -- $126 / 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 $1,473 $397,500 $41,420 $356,080
2024 $1,473 $397,500 $41,420 $356,080
2023 $1,245 $397,600 $41,420 $356,180
2022 $1,245 $241,390 $25,430 $215,960
2021 $1,207 $241,890 $25,430 $216,460
2020 $1,146 $241,890 $25,430 $216,460
2018 $1,162 $264,340 $26,210 $238,130
2017 $1,162 $264,340 $26,210 $238,130
2016 $1,135 $264,340 $26,210 $238,130
2015 $1,112 $264,340 $26,210 $238,130
2014 $1,084 $327,550 $56,470 $271,080
2013 -- $327,550 $56,470 $271,080
Source: Public Records

Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 52573

APN: 6584971701