NOT LISTED FOR SALE

165 Gibson Ridge Rd Franklin, NC 28734

Estimated Value: $363,000 - $565,000

2 Beds
2.5 Baths
1,232 Sq Ft
$363/Sq Ft Est. Value

Last Sold October 23, 2023

Last sale price $289,000 $235 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,192/month

110 Days on Market

Highlights

  • Deck
  • Partially Wooded Lot
  • Wood Flooring
  • Private Lot
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of October 2023

Very private with lots of shade, large fenced yard for kids and pets. One level living with hardwood floors. Free standing gas logs. Large covered deck in front and an open deck out back. Stream on property. Second large bedroom upstairs and a large bonus room and bath.

Last Agent to Sell the Property

Deanna Stager

Unique Properties Of Franklin Brokerage Phone: 8283494700 License #175704 Listed on: 06/01/2023

Last Buyer's Agent

Evan Klatt

Re/Max Elite Realty License #344565

Re/Max Elite Realty

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $1,211

Year Built

  • Built in 2007

Lot Details

  • 1.05 Acre Lot
  • Home fronts a stream
  • Fenced Yard
  • Private Lot
  • Open Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Siding
  • Block And Beam Construction

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Living Area on First Floor
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Workshop
  • Stubbed For A Bathroom
  • Basement with some natural light

Parking

  • 2 Car Attached Garage
  • 2 Attached Carport Spaces

Outdoor Features

  • Deck
  • Porch

Utilities

  • Zoned Cooling
  • Heat Pump System
  • Shared Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 7504924413

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$1,211

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.05
  • Road Surface Type: Paved
  • Ownership: More than One Year
  • Directions: 64E Highlands Road, right across from BP station turn right and bare left then right onto Gibson Ridge Rd to LO sign on right #165 Or turn at fire department on River Rd then right to Gibson Ridge Road on left.. LO sign on right.
  • Architectural Style: Traditional
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • Structure Type: Off Frame Modular
  • Year Built: 2007
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8283494700
  • NAV27_AllowsVacationRentalYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Microwave, Electric Oven/Range, Refrigerator, Washer, Dryer
  • Has Basement: Full, Daylight, Workshop, Exterior Entry, Interior Entry, Bath/Stubbed
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Doors-Insulated
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Hardwood
  • Interior Amenities: Bonus Room, Ceiling Fan(s), Soaking Tub, Kitchen Island, Kitchen/Dining Room, Large Master Bedroom, Main Level Living, Primary on Main Level, Split Bedroom, Walk-In Closet(s)
  • Main Level Bathrooms: 1
  • Window Features: Insulated Windows, Window Treatments
  • Room Bedroom2 Level: Second
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 225
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 225
  • Room Living Room Area: 299
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 279.5
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 13
  • Room Master Bedroom Area: 195

Exterior Features

  • Fencing: Fenced Yard
  • Lot Features: Open Lot, Private, Rolling
  • View: No
  • Waterfront Features: Stream/Creek
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Block
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: Carport-Double Attached

Utilities

  • Laundry Features: First Level
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump, Two Zone
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Shared Well, Community
  • Gas Company: Propane Tank: None
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 45738
  • Parcel #: 7504924413

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1211.02
  • Tax Book Number: O-31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Oct 20, 2023
Sold by
Vasser Patricia and Vasser Robert M
Bought by
Ramos Sheila A and Ramos Victor
Seller's Agent
Deanna Stager
Unique Properties Of Franklin
Buyer's Agent
Evan Klatt
Re/Max Elite Realty
List Price
$291,000
Sold Price
$289,000
Premium/Discount to List
-$2,000
-0.69%
Views
292
Current Estimated Value
$376,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,077
Avg. Annual Appreciation
16.78%
Original Mortgage
$231,200
Outstanding Balance
$227,489
Interest Rate
7.12%
Mortgage Type
Construction
Estimated Equity
$154,027

Purchase Details

Closed on
Aug 22, 2007
Sold by
Holland Donald and Holland Jamie
Bought by
Vasser Robert M and Vasser Patricia
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
Ramos Sheila A $289,000 None Listed On Document
Vasser Robert M $29,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos Sheila A $231,200
Previous Owner Vasser Robert M $233,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2023 10/23/23 Sold $289,000 0.0% $235 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
09/12/2023 09/12/23 Price Changed $289,000 -0.7% $235 / Sq Ft
09/03/2023 09/03/23 For Sale $291,000 0.0% $236 / Sq Ft
08/13/2023 08/13/23 Pending -- -- --
08/10/2023 08/10/23 Price Changed $291,000 -3.0% $236 / Sq Ft
06/26/2023 06/26/23 Price Changed $299,900 -11.5% $243 / Sq Ft
06/01/2023 06/01/23 For Sale $339,000 -- $275 / 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 $1,377 $395,370 $49,760 $345,610
2023 $1,211 $395,370 $49,760 $345,610
2022 $1,211 $233,690 $23,860 $209,830
2021 $1,173 $233,690 $23,860 $209,830
2020 $1,114 $233,690 $23,860 $209,830
2018 $1,025 $230,910 $26,200 $204,710
2017 $1,025 $230,910 $26,200 $204,710
2016 $1,025 $230,910 $26,200 $204,710
2015 $1,002 $230,910 $26,200 $204,710
2014 $822 $233,750 $26,510 $207,240
2013 -- $233,750 $26,510 $207,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26030637

APN: 7504924413