NOT LISTED FOR SALE

177 Gibson Cove Estates Dr Franklin, NC 28734

Estimated Value: $507,000 - $642,000

3 Beds
2 Baths
2,007 Sq Ft
$294/Sq Ft Est. Value

Last Sold July 28, 2021

Last sale price $435,000 $217 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,362/month

9 Days on Market

Highlights

  • Spa
  • Private Lot
  • Ranch Style House
  • Open Floorplan
  • Multiple Fireplaces
  • Partially Wooded Lot

About This Home

As of July 2021

This spectacular home has it all!! Location!! Size!! Internet!! View!! Stream!! Usable Yard!! Beautifully Landscaped!! Storage!! Upon entering the home, you will notice the fabulous foyer & formal dining room to your right, straight ahead is the large living room with the gas logs fireplace & to the right is the eat in kitchen with Corian countertops, breakfast bar, & new appliances, this leads to the large sunroom. Down the hall to the right from the dining room is two guest bedrooms & a full bath. To the left of the foyer is the large Master Suite with trey ceiling, his & her walk-in closets. The larger closet has been custom organized. Remodeled master bath; large walk-in shower, jacuzzi tub, granite dual vanity. Laundry room is right off the master and access to the 2-car garage finishes off the main level. Upper level has a bonus room above the garage with its own HVAC system. The full basement is mostly finished perfect for in-law suite, game room, great patio area off the back with plenty of storage & workshop in the unfinished area. Usable yard with a stream running along the back property line. All this, just minutes to town and paved to the door!

Last Buyer's Agent

Kristie Brennan

RE/MAX Elite Realty License #316453

RE/MAX Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,242

Year Built

  • Built in 2006

Lot Details

  • 1.29 Acre Lot
  • Home fronts a stream
  • Private Lot
  • Open Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Ranch Style House
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Living Area on First Floor
  • Breakfast Room
  • Formal Dining Room
  • Bonus Room
  • Workshop
  • Sun or Florida Room
  • Property Views

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround
  • Spa Bath

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Workshop
  • Basement with some natural light

Outdoor Features

  • Spa
  • Terrace
  • Porch

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Propane
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank

Community Details

  • Gibson Cove Estates Subdivision
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 6574568021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,242

Year Built

Built in 2006

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.29
  • Road Frontage Type: Property Owners' Assoc
  • Road Surface Type: Paved
  • Ownership: More than One Year
  • Subdivision Name: Gibson Cove Estates
  • Directions: Hwy 64 West to Right on Louisa Chapel Road, Left on Old Murphy Rd, to Right on Gibson Cove Rd, .2 miles to Left on Gibson Cove Estates Rd home is on Right at #177
  • Architectural Style: Ranch/Single
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Year Built: 2006
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8285240100
  • Special Features: None

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Tankless Water Heater, Gas/Propane Water Heater, Gas Oven/Range, Dishwasher, Refrigerator, Dryer, Freezer, Microwave, Washer
  • Has Basement: Full, Daylight, Recreation/Game Room, Workshop, Lower/Terrace, Finished, Exterior Entry, Heated, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Doors-Insulated
  • Fireplace Features: Gas Log, Two or More
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Bonus Room, Ceiling Fan(s), Primary on Main Level, Breakfast Bar, Large Master Bedroom, Breakfast Room, Ceramic Tile Bath, In-law Quarters, Open Floorplan, Split Bedroom, Workshop, Main Level Living, Pantry, Sunroom, Formal Dining Room, Primary w/Ensuite, Walk-In Closet(s), In-Law Floorplan
  • Window Features: Insulated Windows, Window Treatments
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Room Family Room Level: Basement
  • Room Bedroom3 Area: 111.6667
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 125.625
  • Room Living Room Area: 255
  • Room Bedroom3 Level: First
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 13.0833
  • Room Master Bedroom Area: 234.4097
  • Room Dining Room Area: 120

Exterior Features

  • Lot Features: Open Lot, Private, Rolling
  • View: View Year Round
  • View: Yes
  • Waterfront Features: Stream/Creek
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Porch
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Garage-Double Attached, Garage Door Opener, Paved Driveway

Utilities

  • Laundry Features: First Level
  • Cooling: Central Electric, Heat Pump, Two Zone
  • Cooling Y N: Yes
  • Heating: Heat Pump, Electric, Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Public
  • Gas Company: Propane Tank: Owned
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 56192.4
  • Parcel #: 6574568021
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1242.12
  • Tax Book Number: S-38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 28, 2021
Sold by
Hoffman Daniel and Hoffman Vera
Bought by
Peters Caleb Tyler and Peters Caleb Tyler
Buyer's Agent
Kristie Brennan
RE/MAX Elite Realty
List Price
$435,000
Sold Price
$435,000
Current Estimated Value
$590,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,090
Avg. Annual Appreciation
7.76%
Original Mortgage
$385,000
Outstanding Balance
$350,993
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$239,097

Purchase Details

Listed on
Jul 2, 2018
Closed on
Jul 27, 2018
Sold by
Hughes Wilburn R and Hughes Rita L
Bought by
Hoffman Daniel and Hoffman Vera
Seller's Agent
Board Member Non
List Price
$267,500
Sold Price
$267,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.59%
Original Mortgage
$180,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2013
Closed on
Jul 25, 2013
Sold by
Raby Julie L and Perone Julie R
Bought by
Hughes Wilburn R and Hughes Rita L
List Price
$247,500
Sold Price
$247,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.57%
Original Mortgage
$100,000
Interest Rate
4.37%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 6, 2010
Sold by
Letson Cynthia Dean
Bought by
Perone Julie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
4.52%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 7, 2006
Sold by
Moffitt Donald L and Moffitt Kathryne H
Bought by
Letson Cynthia Dean
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
Peters Caleb Tyler $435,000 None Available
Hoffman Daniel $268,000 None Available
Hughes Wilburn R $247,000 None Available
Perone Julie R $230,000 --
Letson Cynthia Dean $40,000 None Available
Letson Cyntthia Dean $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters Caleb Tyler $385,000
Previous Owner Hoffman Daniel $180,000
Previous Owner Hughes Wilburn R $100,000
Previous Owner Perone Julie R $222,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2021 07/28/21 Sold $435,000 0.0% $217 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $435,000 +62.6% $217 / Sq Ft
07/30/2018 07/30/18 Sold $267,500 0.0% $133 / Sq Ft
07/02/2018 07/02/18 For Sale $267,500 +8.1% $133 / Sq Ft
08/05/2013 08/05/13 Sold $247,500 0.0% $123 / Sq Ft
07/06/2013 07/06/13 Pending -- -- --
06/03/2013 06/03/13 For Sale $247,500 -- $123 / 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 $1,661 $453,280 $53,650 $399,630
2023 $1,350 $453,280 $53,650 $399,630
2022 $1,350 $264,240 $34,550 $229,690
2021 $1,309 $264,240 $34,550 $229,690
2020 $1,242 $264,240 $34,550 $229,690
2018 $1,164 $264,910 $26,390 $238,520
2017 $1,164 $264,910 $26,390 $238,520
2016 $1,137 $264,910 $26,390 $238,520
2015 $1,114 $264,910 $26,390 $238,520
2014 $947 $283,260 $37,230 $246,030
2013 -- $283,260 $37,230 $246,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26020040

APN: 6574568021