NOT LISTED FOR SALE

116 Cedar Hills Dr Franklin, NC 28734

Estimated Value: $262,000 - $321,000

2 Beds
1 Bath
1,600 Sq Ft
$185/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $200,000 $125 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,685/month

21 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Cathedral Ceiling
  • Open Floorplan
  • Partially Wooded Lot
  • Main Floor Primary Bedroom

About This Home

As of March 2022

Investors! Great income producing duplex located just minutes from downtown Franklin. Two 2/1 units with just under 900 sq ft each. Close to 441S, convenient for tenants who work in either Franklin or Clayton. Great rental history. Each units has laminate flooring throughout main area (upper unit has carpet in bedrooms) except for bathrooms are either tile or vinyl and have been well maintained. Each unit is an open concept living/dining/kitchen area with two bedrooms with laundry hook ups and bathroom in between. Porches on both levels and a shared fenced yard with a garden space. Quiet neighborhood. Shared well with house below. Unrestricted land. Perfect for investor to rent both units or live in one and rent out the other to help pay the mortgage.

Last Agent to Sell the Property

Melissa Mossbarger

Keller Williams Realty Of Franklin Brokerage Phone: 8285240100 License #309230 Listed on: 01/21/2022

Keller Williams Realty Of Franklin

Last Buyer's Agent

Tom Mossbarger

Keller Williams Realty Of Franklin License #251630

Keller Williams Realty Of Franklin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $815

Year Built

  • Built in 2002

Lot Details

  • 0.57 Acre Lot
  • Fenced Yard
  • Level Lot
  • Open Lot
  • Partially Wooded Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Electric Oven or Range
  • Property Views

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • 1 Attached Carport Space
  • Limited Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Terrace
  • Porch

Schools

  • South Macon Elementary School
  • Macon Middle School
  • Franklin High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Shared Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 6582532725

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$815

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.57
  • Road Surface Type: Paved
  • Ownership: More than One Year
  • Directions: From Franklin, Take 441S to Addington Bridge Rd. Turn Right onto Addington Bridge. Go to South Skeenah on the Left. Turn onto South Skeenah and take first Left onto Cedar Hills DR. Go until you see brick house on left and sign on left showing #116 driveway. The driveway is right next to the driveway for the brick house. Go up past red barn into the parking area for duplex.
  • Architectural Style: Other-See Remarks
  • Carport Y N: Yes
  • Garage Yn: No
  • Structure Type: Multi Family
  • Year Built: 2002
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8285240100
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Refrigerator, Electric Oven/Range
  • Has Basement: Lower/Terrace, None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Doors-Insulated
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Vinyl, Laminate, Other-See Remarks
  • Interior Amenities: Open Floorplan, Pantry, Cathedral/Vaulted Ceiling, Ceiling Fan(s)
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 76.65
  • Room Living Room Area: 257.44
  • Room Kitchen Area: 150.9
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 9
  • Room Master Bedroom Area: 135

Exterior Features

  • Fencing: Fenced Yard
  • Lot Features: Open Lot, Allow RVs, Level, Unrestricted
  • View: View Year Round, Long Range View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Porch, Deck
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Carport-Single Attached, Limited Parking

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank, See Remarks
  • Utilities: Cell Service Available
  • Water Source: Shared Well, See Remarks
  • Gas Company: Propane Tank: None
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: South Macon
  • High School: Franklin
  • Middle Or Junior School: Macon Middle

Lot Info

  • Lot Size Sq Ft: 24829.2
  • Parcel #: 6582532725
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 815.01
  • Tax Book Number: E-38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Feb 23, 2022
Sold by
Mossbarger Kasey L and Thomas Paul
Bought by
Pader James A and Roberge Lisa A
Seller's Agent
Melissa Mossbarger
Keller Williams Realty Of Franklin
Buyer's Agent
Tom Mossbarger
Keller Williams Realty Of Franklin
List Price
$200,000
Sold Price
$200,000
Current Estimated Value
$295,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,299
Avg. Annual Appreciation
11.96%

Purchase Details

Listed on
Mar 6, 2017
Closed on
Sep 12, 2017
Sold by
Grady Barbara Gail and Grady Farriel
Bought by
Roper Kasey L
Seller's Agent
Jean Owen
RE/MAX Elite Realty
Buyer's Agent
Tom Mossbarger
Keller Williams Realty Of Franklin
List Price
$108,500
Sold Price
$108,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.59%
Original Mortgage
$103,075
Interest Rate
3.86%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Pader James A $400 Sgro April L
Roper Kasey L $108,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roper Kasey L $103,075
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2022 03/16/22 Sold $200,000 0.0% $125 / Sq Ft
02/12/2022 02/12/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $200,000 0.0% $125 / Sq Ft
02/03/2021 02/03/21 For Rent $850 0.0% --
02/03/2021 02/03/21 Rented $850 0.0% --
09/20/2017 09/20/17 Sold $108,500 0.0% $68 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $108,500 -- $68 / 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
2024 $949 $244,490 $28,340 $216,150
2023 $906 $244,590 $28,340 $216,250
2022 $906 $159,560 $13,850 $145,710
2021 $906 $159,560 $13,850 $145,710
2020 $815 $159,560 $13,850 $145,710
2018 $809 $172,350 $17,930 $154,420
2017 $0 $172,350 $17,930 $154,420
2016 $809 $172,350 $17,930 $154,420
2015 $779 $172,350 $17,930 $154,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26024069

APN: 6582532725