NOT LISTED FOR SALE

135 Quail Ridge Rd Franklin, NC 28734

Estimated Value: $807,631 - $876,000

3 Beds
3 Baths
2,263 Sq Ft
$371/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $702,000 $310 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,714/month

About This Home

As of September 2022

High-end home w/incredible year-round VIEWS! Quality construction, single-level living, convenient location & outstanding setting-you've found it all! Built in 2009 on 1.58 serene acres in the gated Elkhorn Ridge subdivision, this exceptional home boasts a fabulous floorplan designed to maximize huge long-range mountain views. The open living area has cherry h/w floors & vaulted T&G ceiling showcasing soaring windows & FP. Gourmet kitchen features 5-burner gas range, warming racks, wine fridge, granite counters & abundant cabinet space. Dine inside or out on the large stone patio w/propane gas line for grilling. An office off the living room is an ideal workspace w/high-speed internet. The primary suite holds an elegant en-suite bath & w/in closet. A large 2nd bedroom has adjacent beautiful full bath. The 3rd bedroom enjoys privacy making for an ideal guest suite. An attached 3-car garage has a dog washing station for fido, who will also enjoy underground fencing. Outside, enjoy a nature trail, garden shed, European fountain, firepit, irrigation & abundant perennial plantings. Low utility bills, new HVAC, generator-exceptional quality is found on Quail Ridge! Best offer by 5pm 8/13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
Sep 9, 2022
Sold by
Wright David P and Wright Jean A
Bought by
Herrmann James M and Herrmann Taryn A
Seller's Agent
Kelly Penland
Bald Head Realty
Buyer's Agent
Board Member Non
List Price
$702,000
Sold Price
$702,000
Current Estimated Value
$840,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,408
Avg. Annual Appreciation
6.00%
Original Mortgage
$460,800
Outstanding Balance
$439,307
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$401,101

Purchase Details

Closed on
Dec 5, 2017
Sold by
Patel Mahendrabhai N and Patel Kathryn Ann
Bought by
Wright David P and Wright Jean A

Purchase Details

Closed on
Jan 12, 2010
Sold by
Patel Mahendrabhai N and Clinkenbeard Kathryn Ann
Bought by
Patel Mahendrabhai N and Patel Kathryn Ann

Purchase Details

Closed on
Jun 29, 2009
Sold by
Schaefer Donald M and Schaefer Susan J
Bought by
Patel Mahendrabhai and Clinkenbeard Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,476
Interest Rate
5.27%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

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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
Herrmann James M $702,000 --
Herrmann James M $702,000 None Listed On Document
Wright David P $440,000 None Available
Patel Mahendrabhai N -- --
Patel Mahendrabhai $67,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrmann James M $460,800
Closed Herrmann James M $460,800
Previous Owner Patel Mahendrabhai $328,476
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2022 09/16/22 Sold $702,000 0.0% $310 / Sq Ft View Prior Sale
08/14/2022 08/14/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $702,000 -- $310 / Sq Ft

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 $2,463 $689,100 $100,000 $589,100
2024 $2,463 $689,100 $100,000 $589,100
2023 $2,171 $689,200 $100,000 $589,200
2022 $2,171 $438,960 $72,000 $366,960
2021 $2,103 $438,960 $72,000 $366,960
2020 $1,992 $438,960 $72,000 $366,960
2018 $1,501 $348,520 $50,000 $298,520
2017 $0 $348,520 $50,000 $298,520
2016 $1,466 $348,520 $50,000 $298,520
2015 -- $348,520 $50,000 $298,520
2014 $1,384 $424,530 $138,000 $286,530
2013 -- $424,530 $138,000 $286,530
Source: Public Records

Agents Affiliated with this Home

  • Kelly Penland

    Seller's Agent in 2022

    Kelly Penland

    Bald Head Realty

    (828) 421-7705

    140 in this area

    168 Total Sales

    Kelly Penland
    Section Image

  • B

    Buyer's Agent in 2022

    Board Member Non

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Map

North Carolina Macon County Franklin 28734

135 Quail Ridge Rd, Franklin, NC

This home is located at 135 Quail Ridge Rd, Franklin, NC 28734 and is currently estimated at $840,408, approximately $371 per square foot. 135 Quail Ridge Rd is a home located in Macon County with nearby schools including Cartoogechaye Elementary School, Mountain View Intermediate School, and Macon Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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