NOT LISTED FOR SALE

1616 Riverbend Rd Franklin, NC 28734

Estimated Value: $229,000 - $250,000

2 Beds
1 Bath
-- Sq Ft
1.3 Acres

Last Sold June 17, 2016

Last sale price $103,000

Est. 132% increase in value since last sale

Current estimated payment $1,322/month

104 Days on Market

Highlights

  • Additional Residence on Property
  • New Kitchen
  • Wood Flooring
  • Open Floorplan
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of June 2016

Move in ready cottage perfect for a vacation rental or year round residence. 2 bedroom 1 bathroom home situated on a great lot with a flat back yard. Home has beautiful hardwood floors throughout. The kitchen has been completely updated with stainless steal appliances and grainte counter tops. There is also a den/study that can be used as a third bedroom. Brand new front load washer and dryer has been added to utility room. Enjoy the long range mountain view off the front deck. Recently added a circular drive way for easy access off of state maintained road. Property boasts a separate guest cottage that has a full bathroom and partial kitchen. The cottage over looks the back yard and is perfect for mother in law quarters or additional guests. This home could be sold completely furnished and would be ready to go for a vacation rental. All electrical and plumbing are up to date.

Last Agent to Sell the Property

Evelyn Owens

Keller Williams Realty Of Franklin Brokerage Phone: 8285240100 License #228116 Listed on: 02/03/2016

Keller Williams Realty Of Franklin

Last Buyer's Agent

Robin Parker

Cat Creek Realty License #79552

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $253

Year Built

  • Built in 1940

Lot Details

  • 1.3 Acre Lot
  • Property fronts a state road
  • Level Lot
  • Open Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Cottage
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Furnished or left unfurnished upon request
  • Insulated Windows
  • Living Area on First Floor
  • Crawl Space
  • Storm Windows
  • Washer
  • Property Views

Kitchen

  • New Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • In-Law or Guest Suite
  • 1 Full Bathroom

Schools

  • Iotla Elementary School

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Community Sewer or Septic

Additional Features

  • Deck
  • Additional Residence on Property

Community Details

  • No Home Owners Association
  • Grandview Subdivision
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 6596121575

Home Details

Home Type

Single Family

Est. Annual Taxes

$253

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.3
  • Road Frontage Type: State Road
  • Co List Office Mls Id: 128
  • Co List Office Phone: 828-524-0100
  • Ownership: Less than One Year
  • Subdivision Name: Grandview
  • Directions: Hwy 28 North, turn right at traffic light at Riverbend road, continue 1.5 miles to home on left.
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 1940
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8285240100
  • Special Features: None

Interior Features

  • Furnished: Negotiable
  • Appliances: Electric Water Heater, Dishwasher, Microwave, Electric Oven/Range, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Hardwood
  • Interior Amenities: Open Floorplan, In-law Quarters, Living/Dining Room, New Kitchen, Primary on Main Level, Main Level Living, In-Law Floorplan
  • Main Level Bathrooms: 1
  • Window Features: Windows-Storm Part, Insulated Windows
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Office Level: First
  • Room Office Area: 93.5
  • Room Bedroom2 Area: 100.05
  • Room Living Room Area: 351
  • Room Kitchen Area: 99.18
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 9.2
  • Room Master Bedroom Area: 105.8

Exterior Features

  • Lot Features: Unrestricted, Level, Open Lot, Level Yard
  • View: View Year Round, Long Range View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Other Structures: Detached Additional Living Space
  • Patio And Porch Features: Deck
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage-Single Attached

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Community, Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Iotla Elementary

Lot Info

  • Lot Size Sq Ft: 56628
  • Parcel #: 6596121575
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 252.62
  • Tax Book Number: W-36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2016
Closed on
Jun 14, 2016
Sold by
Dodson Michael B and Dodson Diane M
Bought by
Garnett Ann Y
Seller's Agent
Evelyn Owens
Keller Williams Realty Of Franklin
Buyer's Agent
Robin Parker
Cat Creek Realty
List Price
$103,000
Sold Price
$103,000
Current Estimated Value
$238,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,649
Avg. Annual Appreciation
9.42%
Original Mortgage
$101,134
Outstanding Balance
$81,269
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$157,380

Purchase Details

Closed on
Jun 8, 2006
Sold by
Frazier Gary R and Frazier Deborah A
Bought by
Kennedy Karen Lynn
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
Garnett Ann Y $103,000 Attorney
Kennedy Karen Lynn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garnett Ann Y $101,134
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2016 06/17/16 Sold $103,000 0.0% --
05/18/2016 05/18/16 Pending -- -- --
02/03/2016 02/03/16 For Sale $103,000 +37.3% --
08/05/2015 08/05/15 Sold $75,000 0.0% -- View Prior Sale
07/06/2015 07/06/15 Pending -- -- --
06/29/2015 06/29/15 For Sale $75,000 -- --
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 $670 $154,730 $46,660 $108,070
2024 $670 $154,730 $46,660 $108,070
2023 $626 $154,730 $46,660 $108,070
2022 $626 $99,020 $28,700 $70,320
2021 $609 $110,220 $28,700 $81,520
2020 $581 $110,220 $28,700 $81,520
2018 $498 $99,810 $29,900 $69,910
2017 $0 $99,810 $29,900 $69,910
2016 $441 $88,050 $29,900 $58,150
2015 -- $88,050 $29,900 $58,150
2014 $251 $58,010 $31,530 $26,480
2013 -- $58,010 $31,530 $26,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26000829

APN: 6596121575