NOT LISTED FOR SALE

1425 Ray Cove Rd Franklin, NC 28734

Estimated Value: $499,737 - $692,000

2 Beds
2 Baths
1,404 Sq Ft
$408/Sq Ft Est. Value

Last Sold January 05, 2017

Last sale price $235,000 $167 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $3,098/month

248 Days on Market

Highlights

  • Lake Front
  • Spa
  • RV Access or Parking
  • Barn
  • Home fronts a pond
  • 2.06 Acre Lot

About This Home

As of January 2017

Seller will pay $4000 of Buyer's closing costs!! Amazing home on its own private lake. 2Bed 2bath with bonus room. Master bedroom on the main floor with the laundry to reduce your chores. Nice open kitchen with updated appliances that opens up into a family area with a gas log fireplace. Enjoy your meals at the breakfast bar, or in your formal dining room. After dinner sit and relax on your secluded screened in porch, where you can enjoy your private garden with numerous established plantings, and listen to the sounds and smells of nature. Or on those cooler evenings retires to your living room, and enjoy the serenity of a good book. After the day is over slip away to your ample bedroom on the main floor while the rest of the family or guests can go upstairs to two additional bedrooms. The home also boasts a full unfinished basement, a two car garage, and carport. What will make you the envy of your friends is the lake and flowing creek that adorn your massive 2-acre private estate. They will be amazed as they drive up your curving driveway past the pond, and over the creek to your sanctuary in the mountains. vidio:https://www.youtube.com/watch?v=kYGENwTUpcw&feature=youtu.be

Last Agent to Sell the Property

John Evans

RE/MAX Elite Realty Brokerage Phone: 8283494600 License #280456 Listed on: 03/31/2016

RE/MAX Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,024

Year Built

  • Built in 1987

Lot Details

  • 2.06 Acre Lot
  • Home fronts a pond
  • Home fronts a stream
  • Lake Front
  • Property fronts a state road
  • Private Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Attached Garage
  • 1 Attached Carport Space
  • Garage Door Opener
  • RV Access or Parking

Property Views

  • Lake
  • Valley

Home Design

  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Fireplace Features Blower Fan
  • Gas Log Fireplace
  • Stone Fireplace
  • Window Screens
  • Living Area on First Floor
  • Breakfast Room
  • Formal Dining Room

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround

Laundry

  • Laundry on main level
  • Washer

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Basement with some natural light

Home Security

  • Home Security System
  • Storm Doors

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Spa
  • Deck
  • Outdoor Storage
  • Outbuilding

Schools

  • Cartoogechaye Elementary School

Farming

  • Barn
  • Pasture

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Water Filtration System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 6574699239

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,024

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 2.06
  • Road Frontage Type: State Road
  • Ownership: More than One Year
  • Subdivision Name: None
  • Directions: From town, Old Murphy Road Right on Wallace Branch to Left on Ray Cove Rd. to 1425 on the Right at listing sign
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1987
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8283494600
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub/Spa
  • Private Spa: Yes
  • Appliances: Electric Water Heater, Dishwasher, Disposal, Water Filter System, Exhaust Fan, Microwave, Electric Oven/Range, Refrigerator, Washer
  • Other Equipment: Satellite Dish
  • Accessibility Features: Handicap Design, Exterior Handicapped Accessible
  • Has Basement: Full, Heated, Daylight, Exterior Entry, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Doors-Storm All
  • Fireplace Features: Gas Log, Stone, Blower Fan
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceramic Tile Bath, Open Floorplan, Large Master Bedroom, Walk-In Closet(s), Breakfast Bar, Breakfast Room, Living/Dining Room, Kitchen/Dining Room, Formal Dining Room, Primary on Main Level, Main Level Living, Ceiling Fan(s)
  • Main Level Bathrooms: 1
  • Window Features: Screens, Skylight(s)
  • Room Bedroom2 Level: Second
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 194.3
  • Master Bedroom Master Bedroom Level: First
  • Room Living Room Area: 219
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 107.8
  • Master Bedroom Master Bedroom Width: 11.4
  • Room Master Bedroom Area: 176.7
  • Room Dining Room Area: 149.6
  • Room Family Room Area: 244.8

Exterior Features

  • Lot Features: Level Yard, Private, Allow RVs, Pasture, Level, Open Lot
  • View: Valley, View-Winter, Lake, View Year Round, Short Range View
  • View: Yes
  • Waterfront Features: Stream/Creek, Lake Front, Lake, Pond
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding, Stone
  • Other Structures: Storage Building/Shed, Outbuilding/Workshop, Barn(s)
  • Patio And Porch Features: Deck
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1
  • Covered Parking Spaces: 3
  • Garage Spaces: 2
  • Parking Features: Garage-Double Attached, Carport-Single Attached, Garage Door Opener

Utilities

  • Laundry Features: First Level
  • Security: Security System
  • Cooling: Central Electric
  • Cooling Y N: Yes
  • Heating: Electric, Propane, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Cartoogechaye

Lot Info

  • Lot Size Sq Ft: 89733.6
  • Parcel #: 6574699239
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1024.25
  • Tax Book Number: L-23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2016
Closed on
Jan 5, 2017
Sold by
Porter Jean H and Jean H Porter Living Trust
Bought by
Rose Larry M and Rose Janet M
Seller's Agent
John Evans
RE/MAX Elite Realty
List Price
$235,000
Sold Price
$235,000
Current Estimated Value
$572,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,934
Avg. Annual Appreciation
10.68%

Purchase Details

Closed on
Aug 13, 1999
Sold by
Porter Jean H Tr
Bought by
Porter, Jean H Tr
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
Rose Larry M $235,000 None Available
Porter, Jean H Tr -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2017 01/05/17 Sold $235,000 0.0% $167 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $235,000 -- $167 / 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 $823 $382,100 $58,720 $323,380
2024 $573 $382,100 $58,720 $323,380
2023 $1,238 $382,100 $58,720 $323,380
2022 $1,238 $239,020 $30,450 $208,570
2021 $1,201 $240,520 $30,450 $210,070
2020 $1,140 $240,520 $30,450 $210,070
2018 $1,046 $235,580 $38,060 $197,520
2017 $0 $235,580 $38,060 $197,520
2016 $1,024 $236,150 $38,630 $197,520
2015 $1,001 $236,150 $38,630 $197,520
2014 $1,008 $302,820 $73,340 $229,480
2013 -- $302,820 $73,340 $229,480
Source: Public Records

Agents Affiliated with this Home

  • John Evans

    Seller's Agent in 2017

    John Evans

    RE/MAX

    (828) 421-7236

    152 in this area

    169 Total Sales

    John Evans
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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26001367

APN: 6574699239

North Carolina Macon County Franklin 28734

1425 Ray Cove Rd, Franklin, NC

This home is located at 1425 Ray Cove Rd, Franklin, NC 28734 since 31 March 2016 and is currently estimated at $572,934, approximately $408 per square foot. This property was built in 1987. 1425 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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