NOT LISTED FOR SALE

1149 Lowery Ln Franklin, NC 28734

Estimated Value: $641,000 - $796,000

2 Beds
2.5 Baths
-- Sq Ft
7 Acres

Last Sold October 06, 2021

Last sale price $515,000

Est. 41% increase in value since last sale

Current estimated payment $4,071/month

129 Days on Market

Highlights

  • Wine Room
  • Home fronts a pond
  • Gated Parking
  • Spa
  • Second Garage
  • Pond View

About This Home

As of October 2021

Introducing 1149 Lowery Lane -- this unique complex has all the basics in place! This listing includes two parcels, totaling 7.00 acres, with two separate residences all located within 4 miles of the attractions of scenic Franklin. An exciting feature located on this property is a private pond, deep enough to swim in or match wits with the wily bass. Located on the premises is also an RV pad with full hookups and a workshop with an unfinished second level that has potential for a studio or mother-in-law suite. At the center of the complex, the main residence consists of two beds & two baths with a large living and dining space. This home has some exciting luxury features such as heated towel racks, gas log starters, etc. The master bedroom is located just off the foyer and features dedicated home office space. There is also a spacious utility and laundry room. Outside, Enjoy the views of the mountains all the way to the Appalachian Trail from the 15X24 screened porch. The attached two-car garage features a half bath with space for a potential wine cellar. Just a few steps along the lighted path is the second home is also 2 beds & 2 baths, featuring a screen porch and shares the magnificent mountain views. This dwelling would be perfect for a rental property, a guest house, or an additional structure for a family compound. Currently in use as a workshop and already attached to the septic system this structure could easily be repurposed as an artists studio, writers retreat, or as a cozy cabin with a sleeping loft; or whatever is needed to fulfill your dreams this listing truly has endless potential!

Last Agent to Sell the Property

Spencer Kirkpatrick

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 04/29/2021

Highlands Sotheby's International Realty - DT

Co-Listed By

Craig Berry (MLS Only)

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300

Last Buyer's Agent

Evan Harrell

RE/MAX ELITE REALTY

RE/MAX ELITE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,618

Year Built

  • Built in 1991

Lot Details

  • 7 Acre Lot
  • Home fronts a pond
  • Fenced
  • Lot Has A Rolling Slope
  • Garden

Parking

  • 2 Car Garage
  • Second Garage
  • Gated Parking

Property Views

  • Pond
  • Mountain

Home Design

  • Traditional Architecture
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • Furnished or left unfurnished upon request
  • Wood Burning Fireplace
  • Window Treatments
  • Wine Room
  • Workshop
  • Screened Porch
  • Carpet
  • Partially Finished Basement
  • Interior and Exterior Basement Entry

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Spa
  • Patio
  • Breezeway

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Furnace
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Longview Acres Subdivision

Listing and Financial Details

  • Tax Lot 3 of Sec 4
  • Assessor Parcel Number 6583157553

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,618

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 7
  • Lot Size: 7.00
  • Co List Office Mls Id: 245
  • Co List Office Phone: 828-526-8300
  • Subdivision Name: Longview Acres
  • Directions: Coming from Ingles on Georiga Road, head 1.5 miles south on Georiga Road before turning right onto Lowery lane. Turn is just past the Carolina Motel. Stay on Lowery Lane to #1149 on the right.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1991
  • Kitchen Level: Main
  • Attribution Contact: 8285268300
  • Special Features: None

Interior Features

  • Furnished: Negotiable
  • Private Spa: Yes
  • Appliances: Dryer, Oven/Range-Electric, Exhaust Fan, Dishwasher, Microwave, Built-In Refrigerator, Washer, Gas Oven/Range
  • Other Equipment: Satellite Internet, Satellite Dish
  • Accessibility Features: Accessible Entrance, Handicap Accessible
  • Has Basement: Interior Entry, Exterior Entry, Garage Door, Partially Finished, Walkout-Level
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: 2 or More, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Eat-in Kitchen, Wine Storage, Walk-In Closet(s), Workshop, Kitchen Island, Pantry
  • Main Level Bedrooms: 2
  • Window Features: Window Treatments
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 150
  • Master Bedroom Master Bedroom Width: 17
  • Room Bedroom2 Level: Main
  • Room Office Level: Main
  • Room Living Room Area: 560
  • Room Kitchen Area: 170
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 272
  • Room Dining Room Area: 170

Exterior Features

  • Fencing: Fenced
  • Lot Features: Rolling Slope, Partially Cleared
  • View: Exceptional, Long, Mountain(s), Year Round, Pond
  • View: Yes
  • Waterfront Features: Pond
  • Construction Type: Vinyl Siding
  • Exterior Features: 2 or more Homes, Garden
  • Foundation Details: Slab
  • Other Structures: Guest House, Shed(s), Workshop
  • Patio And Porch Features: Enclosed, Porch, Front, Screened, Breezeway, Covered, Patio
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Gravel, Gated, Double Garage
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Washer/Dryer Connection, Main Level
  • Cooling: Whole House Fan, Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Furnace, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Lot Info

  • Lot Size Sq Ft: 304920
  • Farm Land Area Units: Square Feet
  • Parcel #: 6583157553
  • Zoning: No
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 2617.68
  • Tax Lot: 3 of Sec 4
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Sep 16, 2021
Sold by
Bird Malcolm and Bird Suzanne C
Bought by
Cormier Michael L and Cormier Rebecca B
Seller's Agent
Spencer Kirkpatrick
Highlands Sotheby's International Realty - DT
Buyer's Agent
Evan Harrell
RE/MAX ELITE REALTY
List Price
$549,999
Sold Price
$515,000
Premium/Discount to List
-$34,999
-6.36%
Current Estimated Value
$726,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,883
Avg. Annual Appreciation
8.93%
Original Mortgage
$386,250
Outstanding Balance
$351,459
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$375,424

Purchase Details

Closed on
May 27, 1999
Sold by
Burrell John L
Bought by
Bird Malcolm
Source: Public Records

Range of Values:

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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
Cormier Michael L $515,000 None Available
Bird Malcolm $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cormier Michael L $386,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2021 10/06/21 Sold $515,000 -6.4% --
10/05/2021 10/05/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $549,999 -- --
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 $2,612 $694,430 $78,050 $616,380
2024 $2,612 $694,430 $78,050 $616,380
2023 $2,634 $694,430 $78,050 $616,380
2022 $2,634 $480,060 $75,420 $404,640
2021 $2,634 $481,060 $75,420 $405,640
2020 $2,404 $481,060 $75,420 $405,640
2018 $2,210 $452,350 $76,030 $376,320
2017 $2,210 $452,350 $76,030 $376,320
2016 $2,210 $452,350 $76,030 $376,320
2015 $2,141 $452,350 $76,030 $376,320
2014 $1,963 $522,980 $140,140 $382,840
2013 -- $522,980 $140,140 $382,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 96609

APN: 6583157553