NOT LISTED FOR SALE

105 Summit Dr Franklin, NC 28734

Estimated Value: $229,000 - $366,000

2 Beds
2 Baths
1,950 Sq Ft
$161/Sq Ft Est. Value

Last Sold January 24, 2022

Last sale price $235,000 $121 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,722/month

3 Days on Market

Highlights

  • Wood Burning Stove
  • Raised Ranch Architecture
  • Wood Flooring
  • Private Lot
  • Partially Wooded Lot
  • Main Floor Primary Bedroom

About This Home

As of January 2022

Charming two bed, two bath, mountain retreat nestled in the stunning WNC mountains. The property is paved to door and features a double attached and single detached carport, fenced-in back yard, and two storage buildings. Inside you'll find a spacious living room with a beautiful brick wood-burning fireplace. The kitchen features abundant storage, two pantry areas, lots of pull-out drawers, and plenty of counter space perfect for entertaining guests. Off the main dining area is a sliding door to a 15x7ft. covered screen porch. The primary bedroom is on the main level and sits across from a bath featuring a walk-in shower. Finished basement accessible from both inside and outside the home with sizable family room, laundry, second bedroom, and bath. Downstairs also features a brick wood-burning fireplace, woodstove, and generous storage space. Year-round comfort with AC upstairs, and electric baseboard/wood heating both the main and lower level. Metal roof for low maintenance. The home is on city water and sewer.

Last Agent to Sell the Property

Becky Ramey

Re/Max Elite Realty Brokerage Phone: 8283494600 License #244928 Listed on: 12/06/2021

Re/Max Elite Realty

Last Buyer's Agent

Rhonda Allen

Real Mountain Properties, LLC License #279486

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $610

Year Built

  • Built in 1977

Lot Details

  • 0.5 Acre Lot
  • Fenced Yard
  • Private Lot
  • Level Lot
  • Partially Wooded Lot

Home Design

  • Raised Ranch Architecture
  • Metal Roof
  • Wood Siding
  • Block And Beam Construction

Interior Spaces

  • 1,950 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Brick Fireplace
  • Insulated Windows
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Screened Porch

Kitchen

  • Country Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Bedroom in Basement
  • Finished Basement Bathroom
  • Laundry in Basement

Parking

  • 1 Car Detached Garage
  • 1 Detached Carport Space
  • Open Parking

Utilities

  • Window Unit Cooling System
  • Central Air
  • Heating System Uses Wood
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Outdoor Storage
  • City Lot

Community Details

  • No Home Owners Association
  • Mcguire Property Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6584878697

Home Details

Home Type

Single Family

Est. Annual Taxes

$610

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Ownership: More than One Year
  • Subdivision Name: Mcguire Property
  • Directions: From Downtown Franklin stay on Main Street and turn on MAPLE ST (between "old ingles" and fire department) continue on Maple St to RIGHT on DOGWOOD STREET, then up the hill to LEFT on SUMMIT. Continue to LO sign at #105 on RIGHT.
  • Architectural Style: Raised Ranch
  • Carport Y N: Yes
  • Garage Yn: No
  • Year Built: 1977
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Refrigerator, Dryer, Microwave, Washer, Electric Oven/Range
  • Has Basement: Full, Washer/Dryer Hook-up, Finished, Exterior Entry, Finished Bath, Heated, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Other Doors (See Remarks)
  • Fireplace Features: Basement, Wood Burning, Wood Burning Stove, Brick
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Hardwood
  • Interior Amenities: Bonus Room, Pantry, Country Kitchen, Kitchen/Dining Room, Primary w/Ensuite, Primary on Main Level, Ceiling Fan(s)
  • Living Area: 1950
  • Window Features: Insulated Windows, Other Windows (See Remarks)
  • Room Bedroom2 Level: Basement
  • Room Bedroom4 Level: First
  • Living Room Living Room Level: First
  • Room Family Room Level: Basement
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 150.304
  • Room Living Room Area: 200.2
  • Room Kitchen Area: 89.466
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 11.7
  • Room Master Bedroom Area: 193.05
  • Room Dining Room Area: 102.9
  • Room Family Room Area: 417.795

Exterior Features

  • Fencing: Fenced Yard
  • Lot Features: Private, Level, Level Yard, Within City Limits, City Lot
  • View: No
  • Home Warranty: No
  • Construction Type: Block, Wood Siding
  • Other Structures: Storage Building/Shed
  • Patio And Porch Features: Screened Porch/Deck
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Carport-Single Detached, Paved Driveway

Utilities

  • Laundry Features: In Basement
  • Cooling: Central Electric, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wood, Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cell Service Available
  • Water Source: Public
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 21780
  • Parcel #: 6584878697
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 610.01
  • Tax Book Number: Y-18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2021
Closed on
Jan 6, 2022
Sold by
Mcnamara Christopher B
Bought by
Danley Stephen C and Danley Susie Eelle
Seller's Agent
Becky Ramey
Re/Max Elite Realty
Buyer's Agent
Rhonda Allen
Real Mountain Properties, LLC
List Price
$235,000
Sold Price
$235,000
Current Estimated Value
$316,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,152
Avg. Annual Appreciation
7.51%
Original Mortgage
$188,000
Outstanding Balance
$173,265
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$140,504

Purchase Details

Closed on
Oct 4, 2021
Sold by
Jones Fred H and Estate Of Mary Patricia Cathey
Bought by
Mcnamara Christopher B

Purchase Details

Closed on
Nov 15, 1990
Sold by
Cathey Mary Patricia Executrix Estate
Bought by
Cathey Mary
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
Danley Stephen C $470 Coward Hicks & Siler Pa
Mcnamara Christopher B -- None Available
Cathey Mary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Danley Stephen C $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2022 01/24/22 Sold $235,000 0.0% $121 / Sq Ft
12/10/2021 12/10/21 Pending -- -- --
12/06/2021 12/06/21 For Sale $235,000 -- $121 / 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 $1,023 $263,120 $45,000 $218,120
2024 $1,023 $263,120 $45,000 $218,120
2023 $736 $263,320 $45,000 $218,320
2022 $736 $133,210 $29,400 $103,810
2021 $413 $133,610 $29,400 $104,210
2020 $396 $133,610 $29,400 $104,210
2018 $389 $145,500 $30,000 $115,500
2017 $389 $145,500 $30,000 $115,500
2016 $381 $145,500 $30,000 $115,500
2015 $358 $145,500 $30,000 $115,500
2014 $350 $179,800 $68,000 $111,800
2013 -- $179,800 $68,000 $111,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26021724

APN: 6584878697