NOT LISTED FOR SALE

1162 Ray Cove Rd Franklin, NC 28734

Estimated Value: $413,173 - $501,000

2 Beds
1.5 Baths
1,458 Sq Ft
$312/Sq Ft Est. Value

Last Sold April 12, 2021

Last sale price $280,000 $192 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,508/month

11 Days on Market

Highlights

  • Barn
  • 11.14 Acre Lot
  • Wood Burning Stove
  • Horses Allowed On Property
  • Deck
  • Wood Flooring

About This Home

As of April 2021

Mini Farm Country Living! This Farm House property boast 11+ acres of land from hardwood coves to beautiful pasture land, barn, chicken coop, garden, mountain streams... it's a storybook setting! Lots of charm and character in this Farm house. Open floor plan on main level that includes Hardwood flooring, a great mixture of wood and sheetrock to give it that perfect mountain feel. Updated Kitchen w/granite countertops and tile backsplash. Large Master bedroom w/hardwood flooring, shiplap ceiling and great closet space. Main level bath is updated and real nice tile work with walk in shower. Additional Bonus room/office/sleeping quarters is also on main level. Upstairs you will find a loft set up for a bedroom that attaches to a 1/2 bath. Originating on the property from the hardwood cove is a natural spring which flows beside the home and throughout the pasture land. The pasture land is well suited for a mini farm with great water for the animals. Barn has loft storage and a few stalls inside lower level with power. Chicken Coop is located of the back of the barn and will surely keep a fresh egg supply. PLEASE HAVE BEST OFFER IN WRITING BY WEDNESDAY AT 4PM.

Last Agent to Sell the Property

Evan Harrell

Re/Max Elite Realty Brokerage Phone: 8283494600 License #280365 Listed on: 03/01/2021

Last Buyer's Agent

Jon Tharp

Keller Williams Realty Of Franklin License #305462

Keller Williams Realty Of Franklin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $939

Year Built

  • Built in 1968

Lot Details

  • 11.14 Acre Lot
  • Home fronts a stream
  • Property fronts a state road
  • Open Lot

Parking

  • No Garage

Home Design

  • Farmhouse Style Home
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,458 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Window Screens
  • Living Area on First Floor
  • Bonus Room
  • Crawl Space
  • Electric Oven or Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathtub Includes Tile Surround

Outdoor Features

  • Deck
  • Outdoor Storage
  • Outbuilding
  • Porch

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Wood
  • Mini Split Heat Pump
  • Spring water is a source of water for the property
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6574880076

Home Details

Home Type

Single Family

Est. Annual Taxes

$939

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 11.14
  • Road Frontage Type: State Road
  • Ownership: More than One Year
  • Directions: Old Murphy Road to RIGHT on Pressley, continue onto Ray Cove and House @1162 will be on the LEFT at LA sign with Barn and Pasture on the RIGHT.
  • Architectural Style: Farm House
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Year Built: 1968
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8283494600
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Refrigerator, Electric Oven/Range
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Bonus Room, Ceiling Fan(s), Primary on Main Level, Ceramic Tile Bath, Main Level Living
  • Living Area: 1458
  • Window Features: Screens
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 200.6
  • Room Living Room Area: 152.25
  • Room Kitchen Area: 113
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 13.2
  • Room Master Bedroom Area: 215.16
  • Room Dining Room Area: 106

Exterior Features

  • Lot Features: Open Lot, Suitable for Horses, Pasture
  • View: No
  • Waterfront Features: Stream/Creek
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Other Structures: Storage Building/Shed, Barn(s), Outbuilding/Workshop
  • Patio And Porch Features: Porch, Deck
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: None-Carport, No Garage

Utilities

  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Wood, Mini-Split
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Spring
  • Gas Company: Propane Tank: None

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 485258.4
  • Parcel #: 6574880076
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 938.89
  • Tax Book Number: Q-37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Mar 26, 2021
Sold by
Rochefort Kerri L and Rochefort Robert R
Bought by
Mckinney Franklin Clark
Seller's Agent
Evan Harrell
Re/Max Elite Realty
Buyer's Agent
Jon Tharp
Keller Williams Realty Of Franklin
List Price
$280,000
Sold Price
$280,000
Current Estimated Value
$455,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,543
Avg. Annual Appreciation
11.34%

Purchase Details

Closed on
Nov 2, 2016
Sold by
Sams Charles Edgar
Bought by
Scranton Kerri L
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
Mckinney Franklin Clark $280,000 None Listed On Document
Mckinney Franklin Clark $280,000 None Available
Scranton Kerri L $230,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2021 04/12/21 Sold $280,000 0.0% $192 / Sq Ft
03/13/2021 03/13/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $280,000 -- $192 / 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 $1,205 $316,240 $157,050 $159,190
2024 $1,205 $316,240 $157,050 $159,190
2023 $1,018 $316,340 $157,050 $159,290
2022 $1,018 $190,590 $86,890 $103,700
2021 $988 $193,590 $86,890 $106,700
2020 $939 $193,590 $86,890 $106,700
2018 $848 $186,650 $103,050 $83,600
2017 $0 $186,650 $103,050 $83,600
2016 $757 $168,350 $103,050 $65,300
2015 -- $168,350 $103,050 $65,300
2014 $764 $223,810 $180,470 $43,340
2013 -- $223,810 $180,470 $43,340
Source: Public Records

Agents Affiliated with this Home

  • Evan Harrell

    Seller's Agent in 2021

    Evan Harrell

    RE/MAX

    (828) 371-5103

    205 in this area

    246 Total Sales

    Evan Harrell
    Section Image
  • Jon Tharp

    Buyer's Agent in 2021

    Jon Tharp

    Keller Williams Realty Of Franklin

    (828) 200-7004

    49 in this area

    169 Total Sales

    Jon Tharp
    Section Image
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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26018679

APN: 6574880076

North Carolina Macon County Franklin 28734

1162 Ray Cove Rd, Franklin, NC

This home is located at 1162 Ray Cove Rd, Franklin, NC 28734 since 01 March 2021 and is currently estimated at $455,543, approximately $312 per square foot. This property was built in 1968. 1162 Ray Cove Rd is a home located in Macon County with nearby schools including Cartoogechaye Elementary School, Mountain View Intermediate School, and Macon Middle School.

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