NOT LISTED FOR SALE

1881 Franklin Rd Highlands, NC 28741

Estimated Value: $771,516 - $1,125,000

3 Beds
3 Baths
-- Sq Ft
1.17 Acres

Last Sold May 21, 2018

Last sale price $505,000

Est. 82% increase in value since last sale

Current estimated payment $4,962/month

6 Days on Market

Highlights

  • Lake Front
  • Community Lake
  • No HOA
  • View of Trees or Woods
  • Wood Flooring
  • Screened Porch

About This Home

As of May 2018

Wow! Talk about Old Highlands Charm!! This adorable cottage is oozing with charm, sits well back from the road on a beautifully landscaped lot covered with moss and rhododendrons. It has been lovingly cared for over the years and includes an additional lot plus a strip of deeded land across the street on Lake Sequoyah with a dock for fishing or launching a canoe. The master is on the main and has a second adjacent full bath so the owners could have his and her baths. In addition to the beautiful living room with stone fireplace, there is a wonderful sun room on the front which is great for entertaining. In the back of the home there are terraced gardens with multiple seating areas plus a couple of sheds, perfect for storing outdoor equipment or toys. Upstairs are two cozy bedrooms with a shared bath which provide a perfect set up for a family with young children or a good reason for guests not to overstay their welcome.

Last Agent to Sell the Property

Judy Michaud

Berkshire Hathaway HomeServices Meadows Mountain Realty Brokerage Phone: 8285261717 Listed on: 02/16/2018

Berkshire Hathaway HomeServices Meadows Mountain Realty

Co-Listed By

Mitzi Rauers

Berkshire Hathaway HomeServices Meadows Mountain Realty Brokerage Phone: 8285261717

Last Buyer's Agent

Judy Michaud

Berkshire Hathaway HomeServices Meadows Mountain Realty Brokerage Phone: 8285261717 Listed on: 02/16/2018

Berkshire Hathaway HomeServices Meadows Mountain Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,487

Year Built

  • Built in 1945

Lot Details

  • 1.17 Acre Lot
  • Lake Front

Parking

  • 1 Car Detached Garage

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Built-In Features
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Wood Flooring
  • Views of Woods
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Basement

  • Exterior Basement Entry
  • Crawl Space

Utilities

  • No Cooling
  • Central Heating
  • Heating System Uses Oil
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Tricemonters Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 7530667009

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,487

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.17
  • Water Body Name: Lake Sequoyah
  • Co List Office Mls Id: 14
  • Co List Office Phone: 828-526-1717
  • Subdivision Name: TriceMonters
  • Directions: Franklin Road past the On the Verandah and the bridge. Home is on the right.
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1945
  • Attribution Contact: 8285261717
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Disposal, Refrigerator, Washer
  • Has Basement: Crawl Space, Dirt Floor, Exterior Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Built-in Features, Eat-in Kitchen

Exterior Features

  • Lot Features: Level
  • View: Trees/Woods
  • View: Yes
  • Waterfront Features: Lake, Deeded Access
  • Construction Type: Wood Siding
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Screened, Side Porch
  • Roof: Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, One Car Garage, Gravel

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Central, Oil
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake, Water Access
  • Association: No

Lot Info

  • Lot Size Sq Ft: 50965.2
  • Parcel #: 7530667009
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 2487.04
  • Tax Lot: 7
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2018
Closed on
May 4, 2018
Sold by
Allen Allen H and Allen Sandra S
Bought by
Smith Smith R and Smith Sally Moore
Seller's Agent
Judy Michaud
Berkshire Hathaway HomeServices Meadows Mountain Realty
Buyer's Agent
Judy Michaud
Berkshire Hathaway HomeServices Meadows Mountain Realty
List Price
$599,000
Sold Price
$505,000
Premium/Discount to List
-$94,000
-15.69%
Current Estimated Value
$918,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,879
Avg. Annual Appreciation
8.14%

Purchase Details

Closed on
Sep 13, 2001
Sold by
Maulding William R
Bought by
Allen H Scott
Source: Public Records
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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
Smith Smith R $505,000 None Available
Allen H Scott $325,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2018 05/21/18 Sold $505,000 -15.7% --
05/10/2018 05/10/18 Pending -- -- --
02/19/2018 02/19/18 For Sale $599,000 -- --
Source: Highlands-Cashiers Board 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 $1,881 $429,920 $151,200 $278,720
2024 $1,881 $429,920 $151,200 $278,720
2023 $2,043 $429,920 $151,200 $278,720
2022 $2,043 $313,880 $168,480 $145,400
2021 $2,043 $329,880 $168,480 $161,400
2020 $1,959 $329,880 $168,480 $161,400
2018 $2,487 $456,670 $214,200 $242,470
2017 $0 $456,670 $214,200 $242,470
2016 $2,487 $456,670 $214,200 $242,470
2015 -- $456,670 $214,200 $242,470
2014 $1,882 $413,210 $180,000 $233,210
2013 -- $413,210 $180,000 $233,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 87572

APN: 7530667009