NOT LISTED FOR SALE

1588 Patton Rd Franklin, NC 28734

Estimated Value: $371,000 - $468,000

4 Beds
3 Baths
-- Sq Ft
2.81 Acres

Last Sold July 19, 2019

Last sale price $179,000

Est. 130% increase in value since last sale

Current estimated payment $2,222/month

141 Days on Market

Highlights

  • Home fronts a pond
  • 2.81 Acre Lot
  • Private Lot
  • RV Access or Parking
  • Deck
  • Ranch Style House

About This Home

As of July 2019

Phenomenal listing in Franklin NC, in the Patton Valley! This is an income producing property with 2 efficiency Studio/1 bath apartments, and a 2 bedroom, one bath apartment (a full kitchen in each apartment). Located in a fabulous setting with a pond, stream and killer long range mountain views! Close to town, easy paved access, 2 garages/workshops, some wormy chestnut walls, hardwood floors, lovely grounds. Live in the middle and rent the 2 outside apartments! Truly an investor dream property!

Last Agent to Sell the Property

John Becker

Bald Head Realty Brokerage Phone: 8283690000 License #239686 Listed on: 01/28/2019

Last Buyer's Agent

Nancy Van Bergen

Bald Head Realty License #297122

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $830

Year Built

  • Built in 1956

Lot Details

  • 2.81 Acre Lot
  • Home fronts a pond
  • Home fronts a stream
  • Property fronts a state road
  • Private Lot
  • Level Lot
  • Open Lot

Parking

  • 3 Garage Spaces | 1 Attached and 2 Detached
  • 2 Detached Carport Spaces
  • RV Access or Parking

Home Design

  • Ranch Style House
  • Rustic Architecture
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Insulated Windows
  • Insulated Doors
  • Living Area on First Floor
  • Workshop
  • Property Views

Kitchen

  • Country Kitchen
  • Electric Oven or Range
  • Recirculated Exhaust Fan

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer

Basement

  • Workshop
  • Crawl Space

Outdoor Features

  • Deck
  • Outdoor Storage
  • Outbuilding

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 6583087416

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$830

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 2.81
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Ownership: Less than One Year
  • Directions: 64W to LEFT on Mashburn White Rd. to the end, HOME is at the intersection of Mashburn and Patton.. can't miss it
  • Architectural Style: Ranch/Single
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Structure Type: Multi Family
  • Year Built: 1956
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Electric Oven/Range, Washer, Exhaust Fan, Refrigerator
  • Has Basement: Crawl Space, Workshop
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Doors-Insulated
  • Fireplace Features: Other
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Cathedral/Vaulted Ceiling, Large Master Bedroom, Primary on Main Level, Pantry, Workshop, Main Level Living, Ceiling Fan(s), Country Kitchen
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: First
  • Room Bedroom4 Level: First
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 130
  • Room Living Room Area: 259
  • Room Bedroom3 Level: First
  • Room Kitchen Area: 104
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 12.5
  • Room Master Bedroom Area: 212.5
  • Room Dining Room Area: 104

Exterior Features

  • Lot Features: Level Yard, Private, Allow RVs, Level, Open Lot, Unrestricted
  • View: Long Range View, View Year Round
  • View: Yes
  • Waterfront Features: Stream/Creek, Pond
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Rustic Appearance, Other
  • Other Structures: Outbuilding/Workshop, Storage Building/Shed
  • Patio And Porch Features: Deck
  • Roof: Composition, Other, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: First Level
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Oil
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Well
  • Gas Company: Propane Tank: None
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 122403.6
  • Parcel #: 6583087416
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 829.97
  • Tax Book Number: V-38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2022
Sold by
Mendoza Hullicez
Bought by
Lozada Maria Martha
Current Estimated Value
$411,278

Purchase Details

Listed on
Jan 28, 2019
Closed on
Jul 19, 2019
Sold by
J & A Investments Of Sarasota Inc
Bought by
Mendoza Hullicez
Seller's Agent
John Becker
Bald Head Realty
Buyer's Agent
Nancy Van Bergen
Bald Head Realty
List Price
$179,000
Sold Price
$179,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.56%
Original Mortgage
$129,000
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2018
Sold by
Smith Sylvia J
Bought by
J & A Investments Of Sarasota Inc

Purchase Details

Listed on
Sep 5, 2015
Closed on
Jul 29, 2016
Sold by
J & A Investments Of Sarasota Inc
Bought by
Smith Sylvia J
Seller's Agent
John Becker
Bald Head Realty
Buyer's Agent
John Becker
Bald Head Realty
List Price
$160,000
Sold Price
$160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.44%

Purchase Details

Closed on
Dec 15, 2000
Sold by
Stewart Edward E
Bought by
J And A Investments Of Sarasota Inc
Source: Public Records
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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
Lozada Maria Martha -- --
Mendoza Hullicez $179,000 None Available
J & A Investments Of Sarasota Inc $139,424 None Available
Smith Sylvia J -- None Available
J And A Investments Of Sarasota Inc $130,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mendoza Hullicez $129,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2019 07/19/19 Sold $179,000 0.0% --
06/19/2019 06/19/19 Pending -- -- --
01/28/2019 01/28/19 For Sale $179,000 +11.9% --
07/29/2016 07/29/16 Sold $160,000 0.0% -- View Prior Sale
06/29/2016 06/29/16 Pending -- -- --
09/05/2015 09/05/15 For Sale $160,000 -- --
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 $1,035 $255,660 $99,420 $156,240
2024 $1,035 $255,660 $99,420 $156,240
2023 $924 $255,660 $99,420 $156,240
2022 $924 $154,580 $49,180 $105,400
2021 $897 $173,680 $49,180 $124,500
2020 $853 $173,680 $49,180 $124,500
2018 $830 $182,150 $49,180 $132,970
2017 $0 $182,150 $49,180 $132,970
2016 $812 $182,150 $49,180 $132,970
2015 $789 $182,150 $49,180 $132,970
2014 $667 $192,450 $71,390 $121,060
2013 -- $192,450 $71,390 $121,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26010901

APN: 6583087416