NOT LISTED FOR SALE

1418 Ray Creek Rd Franklin, NC 28734

Estimated Value: $181,000 - $287,000

1 Bed
1 Bath
640 Sq Ft
$347/Sq Ft Est. Value

Last Sold June 29, 2012

Last sale price $52,000 $81 Per Sq Ft

Est. 327% increase in value since last sale

Current estimated payment $1,249/month

177 Days on Market

Highlights

  • Lake Front
  • Private Lot
  • Traditional Architecture
  • Barn
  • Wooded Lot
  • Main Floor Primary Bedroom

About This Home

As of June 2012

Escape to nature!! An adorable cottage secluded and private tucked up in the woods on over one acre of beautifully wooded land. A spacious porch to sit and enjoy nature with a glass of sweet tea or grill out and dine on the porch. The one room bedroom granny cottage is below the house next to the pond as you will notice just before turning into the drive up to the house. Drive is not steep. Cottage is immaculate and sold furnished. US Forest Service joins back side of the property.

Last Agent to Sell the Property

Connie Coker

Keller Williams Realty Of Franklin Brokerage Phone: 8285240100 License #205692 Listed on: 09/02/2011

Keller Williams Realty Of Franklin

Last Buyer's Agent

Ellen Goldstein

Keller Williams Realty Of Franklin License #254524

Keller Williams Realty Of Franklin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $268

Year Built

  • Built in 1986

Lot Details

  • 1.22 Acre Lot
  • Lake Front
  • Property fronts a state road
  • Private Lot
  • Wooded Lot

Parking

  • No Garage

Home Design

  • Traditional Architecture
  • Cottage
  • Rustic Architecture
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 640 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Crawl Space

Kitchen

  • Open to Family Room
  • Electric Oven or Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Outbuilding
  • Porch

Farming

  • Barn

Utilities

  • No Cooling
  • Space Heater
  • Spring water is a source of water for the property
  • Electric Water Heater
  • Septic Tank
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6546610482

Home Details

Home Type

Single Family

Est. Annual Taxes

$268

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.22
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Ownership: More than One Year
  • Subdivision Name: None
  • Directions: Out of Franklin take 28 North to left onto Airport Rd. continuing onto Olive Hill Rd. to the end then left onto upper Burningtown Rd. then left on Ray Creek Rd. Follow Ray Creek Rd. to the end then left into the drive at 1418. On the left just before the drive up to the cottage is the LO sign, the pond and the granny cottage.
  • Architectural Style: Traditional, Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1986
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8285240100
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Electric Water Heater, Electric Oven/Range, Refrigerator
  • Has Basement: None, Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Doors-Screens
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Kitchen/FR Combo, Ceiling Fan(s)
  • Living Area: 640
  • Window Features: Screens, Window Treatments
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Living Room Area: 365.75
  • Room Kitchen Area: 85.5556
  • Master Bedroom Master Bedroom Width: 10.1667
  • Room Master Bedroom Area: 122

Exterior Features

  • Lot Features: Private, Wooded, Unrestricted
  • View: No
  • Waterfront Features: Lake
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Rustic Appearance
  • Other Structures: Outbuilding/Workshop, Barn(s)
  • Patio And Porch Features: Porch
  • Roof: Metal

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Space Heater/Stove
  • Heating Yn: Yes
  • Sewer: TWSA, None, Septic Tank
  • Water Source: Spring

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 53143.2
  • Parcel #: 6546610482
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 268.44
  • Tax Book Number: D-19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2011
Closed on
Jun 27, 2012
Sold by
Leadingham Kerry
Bought by
Hayes Brett E
Seller's Agent
Connie Coker
Keller Williams Realty Of Franklin
Buyer's Agent
Ellen Goldstein
Keller Williams Realty Of Franklin
List Price
$52,000
Sold Price
$52,000
Current Estimated Value
$222,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,136
Avg. Annual Appreciation
11.55%
Original Mortgage
$44,200
Outstanding Balance
$30,531
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$191,605

Purchase Details

Listed on
Sep 2, 2011
Closed on
Jun 21, 2012
Sold by
Harris Wayne E and Harris Linda M
Bought by
Hayes Brett E
Seller's Agent
Connie Coker
Keller Williams Realty Of Franklin
Buyer's Agent
Ellen Goldstein
Keller Williams Realty Of Franklin
List Price
$52,000
Sold Price
$52,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,200
Outstanding Balance
$30,531
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$191,605
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
Hayes Brett E -- None Available
Hayes Brett E $52,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes Brett E $44,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2012 06/29/12 Sold $52,000 0.0% $81 / Sq Ft
03/09/2012 03/09/12 Pending -- -- --
09/13/2011 09/13/11 For Sale $52,000 -- $81 / 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 $791 $157,560 $33,420 $124,140
2024 $791 $157,560 $33,420 $124,140
2023 $743 $157,560 $33,420 $124,140
2022 $743 $101,430 $20,640 $80,790
2021 $732 $102,130 $20,640 $81,490
2020 $707 $102,130 $20,640 $81,490
2018 $695 $112,250 $22,940 $89,310
2017 $695 $112,250 $22,940 $89,310
2016 $679 $112,250 $22,940 $89,310
2015 $633 $112,250 $22,940 $89,310
2014 $661 $58,120 $23,910 $34,210
2013 -- $58,120 $23,910 $34,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 49421

APN: 6546610482