NOT LISTED FOR SALE

17 Collette Ln Franklin, NC 28734

Estimated Value: $368,516 - $468,000

2 Beds
2.5 Baths
1,650 Sq Ft
$259/Sq Ft Est. Value

Last Sold August 07, 2013

Last sale price $175,000 $106 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $2,347/month

146 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Wooded Lot
  • New Kitchen
  • Contemporary Architecture
  • Cathedral Ceiling

About This Home

As of August 2013

Mountain living at its best in this well maintained, contemporary 2BR/2.5BA home in wonderful Laurel Mountain Estates. Enjoy great mountain views from 2 decks. Two master suites (1 on main and 1 on LL). Privacy and very quiet community, paved to door, single garage, wooded (with view off decks). There is a den/office with a 1/2 bath on main level - could be used as a 3rd sleeping area. Low maintenance exterior with metal roof & vinyl siding. High speed Internet via Verizon Mi-Fi.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $745

Year Built

  • Built in 2002

Lot Details

  • 1 Acre Lot
  • Wooded Lot

Parking

  • 1 Car Garage
  • Basement Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,650 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Stone Fireplace
  • Insulated Windows
  • Insulated Doors
  • Living Area on First Floor
  • Home Security System
  • Washer
  • Property Views

Kitchen

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathtub Includes Tile Surround

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Bedroom in Basement
  • Laundry in Basement

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Water Filtration System
  • Shared Well
  • Electric Water Heater
  • Shared Septic
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Laurel Mountain Estates Subdivision
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 6590297955

Home Details

Home Type

Single Family

Est. Annual Taxes

$745

Year Built

Built in 2002

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1
  • Road Frontage Type: Property Owners' Assoc
  • Road Surface Type: Paved
  • Ownership: More than One Year
  • Subdivision Name: Laurel Mountain Estates
  • Directions: 441 South to Left on Tessentee (across from Otto post office) to Left on Laurel Mountain Road (at subdivision sign = Laurel Mountain Estates) to Right on Collette Lane to home on Right at LO sign.
  • Architectural Style: Ranch/Single, Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 2002
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8285249000
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Dishwasher, Water Filter System, Microwave, Electric Oven/Range, Refrigerator, Washer
  • Other Equipment: Satellite Dish
  • Has Basement: Full, Partitioned, Finished, Exterior Entry, Interior Entry, Washer/Dryer Hook-up, Other
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Doors-Insulated
  • Fireplace Features: Gas Log, Stone
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceramic Tile Bath, Cathedral/Vaulted Ceiling, Open Floorplan, Split Bedroom, Large Master Bedroom, Walk-In Closet(s), Living/Dining Room, New Kitchen, Primary on Main Level, Main Level Living, Other, Ceiling Fan(s)
  • Living Area: 1650
  • Main Level Bathrooms: 1
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: Basement
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Office Level: First
  • Room Office Area: 155.5556
  • Room Living Room Area: 474.1944
  • Room Kitchen Area: 120.9375
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 18.1667
  • Room Master Bedroom Area: 258.875

Exterior Features

  • Lot Features: Wooded
  • View: View Year Round, View-Winter
  • View: Yes
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Porch, Deck
  • Roof: Metal

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
  • Security: Security System
  • Cooling: Central Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Propane
  • Heating Yn: Yes
  • Sewer: Shared Septic
  • Water Source: Shared Well
  • Gas Company: Propane Tank: Leased

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 43560
  • Parcel #: 6590297955
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 744.95
  • Tax Book Number: Q-27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2013
Closed on
Jul 31, 2013
Sold by
Watson Michael A and Watson Cynthia M
Bought by
Cornelius David Michael and Cornelius Robin C
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$427,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,879
Avg. Annual Appreciation
7.64%
Original Mortgage
$140,000
Outstanding Balance
$104,279
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$323,600
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cornelius David Michael $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornelius David Michael $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2013 08/07/13 Sold $175,000 0.0% $106 / Sq Ft
07/08/2013 07/08/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $175,000 -- $106 / 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 $1,039 $271,180 $27,000 $244,180
2024 $1,039 $271,180 $27,000 $244,180
2023 $935 $271,180 $27,000 $244,180
2022 $935 $165,480 $13,600 $151,880
2021 $935 $165,480 $13,600 $151,880
2020 $841 $165,480 $13,600 $151,880
2018 $832 $177,990 $16,800 $161,190
2017 $0 $177,990 $16,800 $161,190
2016 $832 $177,990 $16,800 $161,190
2015 $802 $177,990 $16,800 $161,190
2014 $760 $209,640 $21,250 $188,390
2013 -- $209,640 $21,250 $188,390
Source: Public Records

Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 51818

APN: 6590297955