NOT LISTED FOR SALE

158 Marvic Hills Ln Franklin, NC 28734

Estimated Value: $269,000 - $325,000

2 Beds
2 Baths
1,445 Sq Ft
$211/Sq Ft Est. Value

Last Sold June 11, 2024

Last sale price $290,000 $201 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,727/month

2 Days on Market

Highlights

  • Barn
  • Deck
  • Multiple Fireplaces
  • Open Floorplan
  • Private Lot
  • Recreation Room

About This Home

As of June 2024

Easy Access - Close to Town - Private! This 3/2 has ample room for all your family needs. There are a good number of upgrades including kitchen appliances, LVP flooring and more. This property has a good size shed/storage building, level grounds, and a pretty good view from the covered deck on the main level. The lower level is completely finished and has INSIDE/OUTSIDE access so could be used as a rental if desired. Lower level has back yard access, a concrete covered terrace, and a full bath, bedroom & living room with a wood burning fireplace. There is also a garage on that lower level. The main level has both the Primary Bedroom, and bedroom #2, a full bath, well equipped kitchen, and a large living room w/ fireplace (insert) and dining area with covered deck access!

Last Agent to Sell the Property

John Becker

Bald Head Realty Brokerage Phone: 8283690000 License #239686 Listed on: 04/24/2024

Last Buyer's Agent

Tanis Deal

Keller Williams - Great Smokies - Bc License #326864

Keller Williams - Great Smokies - Bc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $765

Year Built

  • Built in 1975

Lot Details

  • 1.09 Acre Lot
  • Private Lot
  • Level Lot
  • Wooded Lot

Parking

  • 1 Car Garage
  • Basement Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Cottage
  • Cabin
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,445 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Stone Fireplace
  • Window Screens
  • Living Area on First Floor
  • Recreation Room
  • Workshop
  • Property Views

Kitchen

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

Flooring

  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Finished Basement Bathroom
  • Laundry in Basement
  • Basement with some natural light

Outdoor Features

  • Deck
  • Terrace
  • Outbuilding

Farming

  • Barn

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Marvic Hills Subdivision
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 7506666993

Home Details

Home Type

Single Family

Est. Annual Taxes

$765

Year Built

Built in 1975

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.09
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Subdivision Name: Marvic Hills
  • Directions: From Franklin NC, take Sylva Rd. North to RIGHT on Watauga Rd. 1.5 miles to RIGHT on KINSLAND RD. LEFT on MARVIC Hills Lane follow to end... signs in place.
  • Architectural Style: Traditional, Cottage, Cabin
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 1975
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8283690000
  • NAV27_AllowsVacationRentalYN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Dishwasher, Disposal, Exhaust Fan, Microwave, Electric Oven/Range, Refrigerator, Washer, Dryer
  • Has Basement: Partitioned, Finished, Heated, Daylight, Exterior Entry, Interior Entry, Washer/Dryer Hook-up, Finished Bath, Lower/Terrace
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 532
  • Door Features: Doors-Screens
  • Fireplace Features: Basement, Wood Burning, Stone, Insert, Two or More
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Luxury Vinyl Plank
  • Interior Amenities: Ceiling Fan(s), Large Master Bedroom, Living/Dining Room, Main Level Living, Primary on Main Level, Open Floorplan, Rec/Game Room, Workshop
  • Living Area: 1445
  • Main Level Bathrooms: 1
  • Window Features: Screens
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Room Family Room Level: Basement
  • Room Bedroom3 Area: 181.5
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: Basement
  • Dining Room Dining Room Level: First
  • Room Family Room Area: 216

Exterior Features

  • Lot Features: Level Yard, Private, Wooded
  • View: View Year Round
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Other Structures: Barn(s), Outbuilding/Workshop
  • Patio And Porch Features: Deck
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: In Basement
  • Cooling: Heat Pump, Ductless, Other
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Well, Private
  • Gas Company: Propane Tank: None
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 47480.4
  • Parcel #: 7506666993

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 764.63
  • Tax Book Number: V-37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Jun 4, 2024
Sold by
Kudu Systems Llc
Bought by
Herold Katherine Lynn and Morgenroth Mark
Seller's Agent
John Becker
Bald Head Realty
Buyer's Agent
Tanis Deal
Keller Williams - Great Smokies - Bc
List Price
$279,900
Sold Price
$290,000
Premium/Discount to List
$10,100
3.61%
Views
30
Current Estimated Value
$304,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,455
Avg. Annual Appreciation
4.10%
Original Mortgage
$188,500
Outstanding Balance
$186,506
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$117,949

Purchase Details

Listed on
Apr 19, 2016
Closed on
Mar 8, 2017
Sold by
Christie Ronald G and Christie Carol B
Bought by
Kudu Systems Llc
Seller's Agent
Becky Ramey
Re/Max Elite Realty
Buyer's Agent
Board Member Non
List Price
$132,500
Sold Price
$132,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.38%
Original Mortgage
$99,375
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 1990
Sold by
Rogers Patrick R
Bought by
Christie Ronald G
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
Herold Katherine Lynn $290,000 None Listed On Document
Kudu Systems Llc $132,500 None Available
Christie Ronald G $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herold Katherine Lynn $188,500
Previous Owner Kudu Systems Llc $99,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2024 06/11/24 Sold $290,000 +3.6% $201 / Sq Ft
04/27/2024 04/27/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $279,900 +111.2% $194 / Sq Ft
03/08/2017 03/08/17 Sold $132,500 0.0% $131 / Sq Ft
02/06/2017 02/06/17 Pending -- -- --
04/19/2016 04/19/16 For Sale $132,500 -- $131 / 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
2024 $812 $246,780 $46,320 $200,460
2023 $765 $202,170 $31,790 $170,380
2022 $730 $130,900 $25,640 $105,260
2021 $710 $132,400 $25,640 $106,760
2020 $676 $132,400 $25,640 $106,760
2018 $515 $103,970 $17,950 $86,020
2017 $515 $103,970 $17,950 $86,020
2016 $504 $103,970 $17,950 $86,020
2015 $481 $103,970 $17,950 $86,020
2014 $463 $126,550 $27,520 $99,030
2013 -- $126,550 $27,520 $99,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26036475

APN: 7506666993