NOT LISTED FOR SALE

132 Legacy Ln Franklin, NC 28734

Estimated Value: $801,000 - $989,000

2 Beds
2 Baths
1,792 Sq Ft
$509/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $750,000 $419 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,091/month

187 Days on Market

Highlights

  • Custom Home
  • Open Floorplan
  • Private Lot
  • 5.23 Acre Lot
  • Deck
  • Partially Wooded Lot

About This Home

As of February 2022

Million Dollar View Under a Million! If you are looking for luxury without all of the square footage, this one is for you! No expense was spared building this timber frame style beauty. 2 master suites and 2 baths on 5.23 private unrestricted acres with spectacular mountain views and a creek! Massive amounts of stone work, cypress beams, old heart pine floors. Whole house solar radiant heated flooring, wormy chestnut cabinets, dramatic local stone fireplace and outside retaining wall. Loewen windows out of Canada, exotic Ipe hardwood decking, whole house generator with buried 500 gallon propane tank, gourmet kitchen with Viking Gas Range. Perfect single level living. Basement on lower level can be finished off.

Last Agent to Sell the Property

Kristie Brennan

RE/MAX Elite Realty Brokerage Phone: 8283494600 License #316453 Listed on: 04/06/2021

RE/MAX Elite Realty

Last Buyer's Agent

Board Member Non

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,459

Year Built

  • Built in 2006

Lot Details

  • 5.23 Acre Lot
  • Home fronts a stream
  • Property fronts a state road
  • Private Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Home Design

  • Custom Home
  • Contemporary Architecture
  • Ranch Style House
  • Metal Roof
  • HardiePlank Type
  • Stone

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Area on First Floor
  • Formal Dining Room
  • Washer
  • Property Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven or Range
  • Dishwasher
  • Kitchen Island
  • Trash Compactor

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround

Basement

  • Partial Basement
  • Exterior Basement Entry

Home Security

  • Home Security System
  • Storm Windows

Parking

  • 2 Car Detached Garage
  • 2 Detached Carport Spaces
  • Open Parking

Eco-Friendly Details

  • Solar Water Heater
  • Solar Heating System

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Radiant Heating System
  • Power Generator
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 7516544437

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,459

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 5.23
  • Road Frontage Type: State Road
  • Ownership: More than One Year
  • Subdivision Name: None
  • Directions: From Franklin, take 441 to Rabbit Creek Rd. Turn left on Corbin Rd, keep right on Corbin Rd and then turn Right onto Peach Orchard. Stay on paved road. Destination is on your left.
  • Architectural Style: Ranch/Single, Contemporary, Custom, Timber Frame
  • Carport Y N: Yes
  • Garage Yn: No
  • Year Built: 2006
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8283494600
  • Special Features: None

Interior Features

  • Appliances: Solar Hot Water, Electric Water Heater, Trash Compactor, Gas Oven/Range, Dishwasher, Refrigerator, Washer
  • Other Equipment: Generator
  • Has Basement: Partial, Exterior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Stone
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Ceiling Fan(s), Kitchen/FR Combo, Primary on Main Level, Breakfast Bar, Large Master Bedroom, Ceramic Tile Bath, Living/Dining Room, Open Floorplan, Split Bedroom, Kitchen Island, Main Level Living, Cathedral/Vaulted Ceiling, Formal Dining Room, Kitchen/Dining Room
  • Window Features: Windows-Storm All
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 225
  • Room Living Room Area: 432
  • Room Kitchen Area: 432
  • Master Bedroom Master Bedroom Width: 15
  • Room Master Bedroom Area: 225

Exterior Features

  • Lot Features: Private, Rolling, Unrestricted
  • View: View Year Round, Long Range View
  • View: Yes
  • Waterfront Features: Stream/Creek
  • Home Warranty: No
  • Construction Type: HardiPlank Type, Stone
  • Patio And Porch Features: Porch, Deck
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Carport-Double Detached, Paved Driveway

Utilities

  • Security: Security System
  • Cooling: Central Electric
  • Cooling Y N: Yes
  • Heating: Solar, Heat Pump, Radiant
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Well
  • Gas Company: Propane Tank: Owned
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 227818.8
  • Parcel #: 7516544437
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1459.21
  • Tax Book Number: S-39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2021
Closed on
Feb 18, 2022
Sold by
Lebouef Kelly A and Lebouef Stephen P
Bought by
Smith Stephen P and Smith Alexandra M
Seller's Agent
Kristie Brennan
RE/MAX Elite Realty
Buyer's Agent
Board Member Non
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$912,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,612
Avg. Annual Appreciation
5.54%
Original Mortgage
$400,000
Outstanding Balance
$371,430
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$541,182

Purchase Details

Listed on
Dec 13, 2019
Closed on
Feb 17, 2020
Sold by
Murphy Gary J and Murphy Virginia
Bought by
Lebouef Kelly A
Seller's Agent
Kristie Brennan
RE/MAX Elite Realty
Buyer's Agent
Kristie Brennan
RE/MAX Elite Realty
List Price
$499,500
Sold Price
$499,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.41%
Original Mortgage
$339,500
Interest Rate
3.72%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 2, 2005
Sold by
Gibson Cove Llc
Bought by
Baldwin James W

Purchase Details

Closed on
Aug 1, 2005
Sold by
Gibson Cove Llc
Bought by
Baldwin James W
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Smith Stephen P -- Coward Orville D
Lebouef Kelly A $499,500 None Available
Baldwin James W $55,000 None Available
Baldwin James W $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Stephen P $400,000
Previous Owner Lebouef Kelly A $339,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/18/2022 02/18/22 Sold $750,000 0.0% $419 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $750,000 +50.2% $419 / Sq Ft
02/17/2020 02/17/20 Sold $499,500 0.0% $279 / Sq Ft View Prior Sale
01/18/2020 01/18/20 Pending -- -- --
12/13/2019 12/13/19 For Sale $499,500 0.0% $279 / Sq Ft
04/23/2014 04/23/14 Rented -- -- --
03/24/2014 03/24/14 Under Contract -- -- --
02/19/2014 02/19/14 For Rent -- -- --
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 $2,805 $756,210 $139,440 $616,770
2024 $2,805 $756,210 $139,440 $616,770
2023 $2,449 $756,210 $139,440 $616,770
2022 $2,449 $473,090 $186,390 $286,700
2021 $2,372 $498,190 $186,390 $311,800
2020 $0 $498,190 $186,390 $311,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26019116

APN: 7516544437