NOT LISTED FOR SALE

1861 Little Ellijay Rd Franklin, NC 28734

Estimated Value: $221,000 - $256,000

2 Beds
2 Baths
916 Sq Ft
$259/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $180,000 $197 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,396/month

53 Days on Market

Highlights

  • RV Access or Parking
  • Wood Burning Stove
  • Wooded Lot
  • Open Floorplan
  • Private Lot
  • Main Floor Primary Bedroom

About This Home

As of October 2022

Adorable rustic cottage in the woods that promises a quiet, peaceful stay to escape the commotion & hubbub of the big city. There is an additional 18 x 15 bunkhouse that is being used as sleeping quarters that has a full bath in it. The main home has Kitchen/dining/living rooms all open for family time & entertaining w/ a sliding glass door that leads to the large sun porch, where the laundry is located. It has a fireplace for those cool mountain evenings! Also has another room with a wood stove that is currently being used as a family room, but could be used as another bedroom & it has a nice covered porch to enjoy your morning coffee while listening to a creek in the distance. It has been updated over the years & comes partly furnished. The bunkhouse is great for guests, & is an open room with a full bath & a covered porch. The home was occasionally used as a vacation rental, so it could be income-producing. There is a new whole house Generac generator, hot water heater & refrigerator. Small workshop in the basement. Great landscaping with lots of flowers. Unrestricted, high elevation, private but not remote with a circular driveway for easy access off of a state maintained road.

Last Listed By

Sheila Myers

Keller Williams Realty Of Franklin Brokerage Phone: 8285240100 License #215471 Listed on: 07/27/2022

Keller Williams Realty Of Franklin

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $594

Year Built

  • Built in 1972

Lot Details

  • 0.74 Acre Lot
  • Property fronts a state road
  • Private Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • RV Access or Parking

Home Design

  • Cottage
  • Cabin
  • Shingle Roof
  • Board and Batten Siding

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Stone Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Great Room
  • Living Area on First Floor
  • Combination Kitchen and Dining Room
  • Workshop
  • Sun or Florida Room

Kitchen

  • Electric Oven or Range
  • Microwave

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Workshop
  • Laundry in Basement
  • Basement with some natural light

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Heating System Powered By Leased Propane
  • Power Generator
  • Spring water is a source of water for the property
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 7525914707

Property Details

Home Type

Apartment

Est. Annual Taxes

$594

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.74
  • Road Frontage Type: State Road
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Subdivision Name: None
  • Directions: 64 East (Highlands Road) to left onto Ellijay Road, go about 3 miles to right onto Little Ellijay. This will turn into a gravel road. Stay on gravel road 1.5 miles, staying left at the fork, then right at KW arrow sign. Has a circular driveway.
  • Architectural Style: Cottage, Cabin
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1972
  • Kitchen Level: First
  • Attribution Contact: 8285240100
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Refrigerator, Dryer, Microwave, Washer, Electric Oven/Range, Other-See Remarks
  • Other Equipment: Generator
  • Has Basement: Daylight, Washer/Dryer Hook-up, Partial, Workshop, Exterior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Doors-Insulated
  • Fireplace Features: Wood Burning, Wood Burning Stove, Stone
  • Fireplace: Yes
  • Flooring: Carpet, Combination, Laminate
  • Interior Amenities: Open Floorplan, Great Room, Main Level Living, Split Bedroom, Workshop, Kitchen/Dining Room, Sunroom, Primary on Main Level, Ceiling Fan(s)
  • Window Features: Insulated Windows, Window Treatments
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 118.56
  • Room Living Room Area: 363.8
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 15.6
  • Room Master Bedroom Area: 246.48

Exterior Features

  • Lot Features: Private, Allow RVs, Rolling, Unrestricted, Wooded
  • View: No
  • Home Warranty: Yes
  • Construction Type: Board & Batten Siding
  • Other Structures: Apartment Studio, Storage Building/Shed
  • Patio And Porch Features: Porch
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: None-Carport

Utilities

  • Laundry Features: In Basement
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wood, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Spring, Other, See Remarks
  • Gas Company: Propane Tank: Leased

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 32234.4
  • Parcel #: 7525914707
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 594.28
  • Tax Book Number: F-40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Oct 18, 2022
Sold by
Foster Koni K
Bought by
Carranza Joel Elihu and Carter Toi Jean
Seller's Agent
Sheila Myers
Keller Williams Realty Of Franklin
Buyer's Agent
Board Member Non
List Price
$180,000
Sold Price
$180,000
Total Days on Market
53
Current Estimated Value
$237,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,413
Avg. Annual Appreciation
11.42%
Original Mortgage
$162,000
Outstanding Balance
$156,998
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$80,415

Purchase Details

Listed on
Dec 16, 2019
Closed on
Sep 12, 2020
Sold by
Matthews James E and Matthews Laura B
Bought by
Foster Koni K
Seller's Agent
Sheila Myers
Keller Williams Realty Of Franklin
Buyer's Agent
Sheila Myers
Keller Williams Realty Of Franklin
List Price
$127,500
Sold Price
$127,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.85%
Original Mortgage
$125,190
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 29, 2008
Sold by
Matthews Audrey H
Bought by
Matthews James E and Matthews Alura B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2006
Sold by
Matthews Audrey H
Bought by
Matthews Audrey H and The Ralph M Matthews And Audrey H Matthe

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
Carranza Joel Elihu $185,000 --
Foster Koni K $127,500 None Available
Matthews James E $110,000 None Available
Matthews Audrey H -- None Available
Matthews Audrey H -- None Available
Matthews Audrey H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carranza Joel $15,000
Open Carranza Joel Elihu $162,000
Previous Owner Foster Koni K $125,190
Previous Owner Matthews James E $97,400
Previous Owner Matthews James E $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $180,000 0.0% $197 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $180,000 +41.2% $197 / Sq Ft
09/21/2020 09/21/20 Sold $127,500 0.0% $139 / Sq Ft
08/22/2020 08/22/20 Pending -- -- --
12/16/2019 12/16/19 For Sale $127,500 -- $139 / 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 $804 $177,390 $36,570 $140,820
2023 $780 $177,390 $36,570 $140,820
2022 $608 $83,010 $14,930 $68,080
2021 $594 $83,010 $14,930 $68,080
2020 $573 $83,010 $14,930 $68,080
2019 $547 $83,010 $14,930 $68,080
2018 $579 $96,690 $16,780 $79,910
2017 $0 $96,690 $16,780 $79,910
2016 $579 $96,690 $16,780 $79,910
2015 $533 $96,690 $16,780 $79,910
2014 $512 $114,510 $17,860 $96,650
2013 -- $114,510 $17,860 $96,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26027055

APN: 7525914707