NOT LISTED FOR SALE

1129 Franklin Rd Highlands, NC 28741

Estimated Value: $1,315,000 - $1,613,000

4 Beds
4 Baths
-- Sq Ft
0.36 Acres

Last Sold April 16, 2018

Last sale price $330,000

Est. 359% increase in value since last sale

Current estimated payment $8,240/month

8 Days on Market

Highlights

  • Lake Front
  • Deck
  • No HOA
  • Community Lake
  • Wood Flooring
  • Balcony

About This Home

As of April 2018

On the waterfront! Right on the deep water of Mirror Lake, this 3 bedroom, 3 bath home overlooks the scenic, glassy waters that draw people to the area who want a break from the everyday stresses of life. Grab your fishing pole, canoe or kayak and enjoy the beauty and sounds of nature surrounding you. Including a separate 1BR/1BA guesthouse, this property offers potential galore! Rent one or rent all!! A steal to allow your touches! A beautiful setting and so close to downtown!

Last Agent to Sell the Property

Pat Allen

Allen Tate/Pat Allen Realty Group Brokerage Phone: 8285268784 Listed on: 03/10/2018

Co-Listed By

Julie Osborn

Allen Tate/Pat Allen Realty Group Brokerage Phone: 8285268784

Last Buyer's Agent

Pat Allen

Allen Tate/Pat Allen Realty Group Brokerage Phone: 8285268784 Listed on: 03/10/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,036

Year Built

  • Built in 1950

Lot Details

  • 0.36 Acre Lot
  • Lake Front
  • Lot Has A Rolling Slope
  • Cleared Lot

Property Views

  • Lake
  • Woods

Home Design

  • Shingle Roof
  • Wood Siding
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Window Treatments
  • Living Room with Fireplace
  • Dishwasher
  • Dryer

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Interior and Exterior Basement Entry

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Community Lake

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 7530944742

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,036

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.36
  • Road Surface Type: Paved
  • Co List Office Mls Id: 214
  • Co List Office Phone: 828-526-8784
  • Subdivision Name: None
  • Directions: From Highlands: Take Main Street towards Franklin and follow on the Franklin Road for approximately 1 mile. 1129 is on the right.
  • Architectural Style: Tri-Level
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1950
  • Attribution Contact: 8285268784
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Refrigerator, Washer
  • Has Basement: Exterior Entry, Finished, Heated, Interior Entry, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Separate/Formal Dining Room, Garden Tub/Roman Tub, Pantry, Walk-In Closet(s)
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Cleared, Level, Rolling Slope
  • View: Lake, Trees/Woods
  • View: Yes
  • Waterfront Features: Lake
  • Disclosures: Flood Plain Disclosure
  • Construction Type: Block, Wood Siding
  • Other Structures: Guest House, Residence
  • Patio And Porch Features: Balcony, Rear Porch, Deck
  • Roof: Shingle

Garage/Parking

  • Parking Features: Gravel, None

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Electric, Gas, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake
  • Association: No

Lot Info

  • Lot Size Sq Ft: 15681.6
  • Parcel #: 7530944742
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 3036.0
  • Tax Lot: 1
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2021
Sold by
Mirror Lake Investment Group Llc
Bought by
Adams Alfred
Current Estimated Value
$1,513,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Outstanding Balance
$450,338
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,063,320

Purchase Details

Closed on
Dec 10, 2014
Sold by
Bowyer Paula K
Bought by
Bowyer Paula K and Paula K Bowyer Revocable Trust

Purchase Details

Closed on
May 22, 2012
Sold by
Pariseau Gloiria
Bought by
Bowyer Paula K
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Adams Alfred -- None Available
Bowyer Paula K -- None Available
Bowyer Paula K $13,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Alfred $496,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2018 04/16/18 Sold $330,000 -2.7% --
04/14/2018 04/14/18 Pending -- -- --
03/10/2018 03/10/18 For Sale $339,000 -- --
Source: Highlands-Cashiers Board 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 $4,561 $1,103,360 $266,400 $836,960
2024 -- $1,103,360 $266,400 $836,960
2023 $3,972 $1,103,360 $266,400 $836,960
2022 $3,972 $639,440 $250,560 $388,880
2021 $3,702 $612,710 $250,560 $362,150
2020 $3,547 $612,710 $250,560 $362,150
2018 $3,036 $561,430 $311,400 $250,030
2017 $0 $561,430 $311,400 $250,030
2016 $3,036 $561,430 $311,400 $250,030
2015 $3,013 $561,430 $311,400 $250,030
2014 $3,583 $801,610 $423,940 $377,670
2013 -- $801,610 $423,940 $377,670
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 87733

APN: 7530944742