NOT LISTED FOR SALE

148 Red Maple Ln Franklin, NC 28734

Estimated Value: $503,000 - $605,000

2 Beds
2.5 Baths
2,888 Sq Ft
$187/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $455,000 $158 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,044/month

4 Days on Market

Highlights

  • 2.92 Acre Lot
  • Deck
  • Private Lot
  • Open Floorplan
  • Hilly Lot
  • Recreation Room

About This Home

As of September 2023

This charming home is at the end of the road with privacy and one of the best views around. Facing almost all Forest service property for an unspoiled view of layers of mountains. The home has a large deck and porch to enjoy all the seasons as natures cinema changes the view all year long. The main living area is open with cathedral ceilings, a stone wood burning fireplace, wood floors, a huge island in the kitchen and lots of space to entertain and wow your guest. The primary bedroom is on the main level with a large primary bath with garden tub , dual vanity, walk in closet and ceramic shower. Enjoy a movie or your favorite music with surround sound on the main level. The lower level has 9 ft ceilings with another entrance, family room, bedroom, office and a large laundry area with tankless water heater, tub sink and room for some storage. The one car garage is on the lower level where you will find transfer switch for a generator, all you need is the generator. Out on the lawn is a timber frame shed with a stone grill and a great place to hang out, have a fire, barbeque and make memories. This is your chance to have a your very own private hill with breath taking surroundings.

Last Agent to Sell the Property

Evelyn Owens

Keller Williams Realty Of Franklin Brokerage Phone: 8285240100 License #228116 Listed on: 08/04/2023

Keller Williams Realty Of Franklin

Last Buyer's Agent

Bibi Pride

RE/MAX Results - Mountain Dream Team License #331422

RE/MAX Results - Mountain Dream Team

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,287

Year Built

  • Built in 1998

Lot Details

  • 2.92 Acre Lot
  • Fenced Yard
  • Private Lot
  • Open Lot
  • Lot Has A Rolling Slope
  • Hilly Lot
  • Partially Wooded Lot

HOA Fees

  • $66 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Basement Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Raised Ranch Architecture
  • Rustic Architecture
  • Entry on the 1st floor
  • Shingle Roof
  • Composition Roof
  • Stucco Exterior
  • Cedar

Interior Spaces

  • 2,888 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Insulated Windows
  • Insulated Doors
  • Great Room
  • Recreation Room
  • Bonus Room
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub Includes Tile Surround

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Laundry in Basement
  • Basement with some natural light

Outdoor Features

  • Deck
  • Outdoor Storage
  • Porch

Schools

  • Cartoogechaye Elementary School
  • Macon Middle School
  • Franklin High School

Utilities

  • Dehumidifier
  • Central Air
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Tankless Water Heater
  • Septic Tank

Community Details

  • Laurel Ridge Subdivision
  • Stream

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 6564476295

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,287

Year Built

Built in 1998

Lot Details

0

HOA Fees

$66 per month

Parking

1

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 2.92
  • Road Frontage Type: Property Owners' Assoc
  • Road Surface Type: Paved
  • Ownership: More than One Year
  • Subdivision Name: Laurel Ridge
  • Directions: From Hwy 64 West turn right onto Old Murphy Rd., then left onto Wayah Rd., then right into Laurel Ridge subdivision. Stay left on Laurel Rd until you turn right on Red Maple Lane, when road ends turn left to the house at the end of the road.
  • Architectural Style: Raised Ranch
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Year Built: 1998
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8285240100
  • NAV27_AllowsVacationRentalYN: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Tankless Water Heater, Dishwasher, Disposal, Exhaust Fan, Microwave, Electric Oven/Range, Gas Oven/Range, Refrigerator, Washer, Dryer
  • Other Equipment: Dehumidifier
  • Has Basement: Full, Partitioned, Finished, Heated, Daylight, Recreation/Game Room, Exterior Entry, Interior Entry, Washer/Dryer Hook-up, Finished Bath
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 1177
  • Door Features: Doors-Insulated
  • Fireplace Features: Wood Burning, Stone
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Hardwood
  • Interior Amenities: Bonus Room, Cathedral/Vaulted Ceiling, Ceiling Fan(s), Ceramic Tile Bath, Soaking Tub, Great Room, Kitchen Island, Kitchen/Dining Room, Large Master Bedroom, Living/Dining Room, Primary w/Ensuite, Primary on Main Level, Open Floorplan, Pantry, Rec/Game Room, Split Bedroom, Walk-In Closet(s)
  • Living Area: 2888
  • Main Level Bathrooms: 2
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: Basement
  • Room Family Room Level: Basement
  • Master Bedroom Master Bedroom Level: First
  • Room Office Level: Basement
  • Room Bedroom2 Area: 164.56
  • Room Kitchen Area: 237.36
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 14.3
  • Room Master Bedroom Area: 240.24
  • Room Dining Room Area: 311.44
  • Room Family Room Area: 576.15

Exterior Features

  • Fencing: Fenced Yard
  • Lot Features: Hilly/Steep, Open Lot, Private, Rolling, Wooded
  • View: Long Range View, View Year Round
  • View: Yes
  • Home Warranty: No
  • Waterfront Elevation: 2486
  • Construction Type: Cedar, Stucco
  • Exterior Features: Rustic Appearance
  • Other Structures: Storage Building/Shed
  • Patio And Porch Features: Deck, Porch
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Garage-Single in Basement, Garage Door Opener, Paved Driveway

Utilities

  • Laundry Features: In Basement
  • Security: Smoke Detector(s)
  • Cooling: Central Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Wood, Propane, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Community
  • Gas Company: Propane Tank: Leased
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 795
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Cartoogechaye
  • High School: Franklin
  • Middle Or Junior School: Macon Middle

Lot Info

  • Lot Size Sq Ft: 127195.2
  • Parcel #: 6564476295

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1287.45
  • Tax Book Number: K-27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Sep 18, 2023
Sold by
Marcia Elizabeth Mcgarity Living Trust
Bought by
Nichols Edward William and Nichols Lou Ann
Seller's Agent
Evelyn Owens
Keller Williams Realty Of Franklin
Buyer's Agent
Bibi Pride
RE/MAX Results - Mountain Dream Team
List Price
$455,000
Sold Price
$455,000
Views
53
Current Estimated Value
$540,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,707
Avg. Annual Appreciation
8.61%
Original Mortgage
$205,000
Outstanding Balance
$200,652
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$340,055

Purchase Details

Closed on
Jan 25, 2023
Sold by
Mcgarity Marcia E
Bought by
Marcia Elizabeth Mcgarity Living Trust

Purchase Details

Closed on
Oct 7, 2003
Sold by
Mcgarity Jon H
Bought by
Mcgarity Jon H
Source: Public Records

Range of Values:

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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
Nichols Edward William $455,000 None Listed On Document
Nichols Edward William $455,000 None Listed On Document
Marcia Elizabeth Mcgarity Living Trust -- --
Marcia Elizabeth Mcgarity Living Trust -- None Listed On Document
Mcgarity Jon H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nichols Edward William $205,000
Closed Nichols Edward William $205,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2023 09/20/23 Sold $455,000 0.0% $158 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
08/04/2023 08/04/23 For Sale $455,000 -- $158 / 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 $1,435 $406,580 $84,460 $322,120
2024 $1,435 $406,580 $84,460 $322,120
2023 $1,354 $406,480 $84,460 $322,020
2022 $1,354 $257,800 $51,380 $206,420
2021 $1,354 $263,800 $51,380 $212,420
2020 $1,287 $263,800 $51,380 $212,420
2018 $1,202 $265,430 $42,310 $223,120
2017 $1,202 $265,430 $42,310 $223,120
2016 $1,202 $265,430 $42,310 $223,120
2015 $1,179 $265,430 $42,310 $223,120
2014 $1,347 $380,620 $120,630 $259,990
2013 -- $380,620 $120,630 $259,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26031269

APN: 6564476295