NOT LISTED FOR SALE

1884 Ruby Mine Rd Franklin, NC 28734

Estimated Value: $186,000 - $300,194

2 Beds
3.5 Baths
1,952 Sq Ft
$129/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $225,000 $115 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,403/month

22 Days on Market

Highlights

  • RV Access or Parking
  • Main Floor Primary Bedroom
  • Workshop
  • Wood Flooring
  • No HOA
  • Fireplace

About This Home

As of December 2023

Single level, all block home and commercial building that is a beautiful piece of Cowee history. This 2 bedroom/3.5 bath home is full of possibilities! With no restrictions, this spot could be anything you want it to be. Walking in the front door is a foyer that divides this unit into two living areas with the "main" side offering a full kitchen, dining area, two full bathrooms and a large bedroom. The second "living" area offers a "studio" with a full bathroom and open living space. There is also an attached building that is a 1,000 +/- square foot area that was once a lapidary and gift shop w/ a half bath and workshop area. The open, cleared property also offers a separate septic hook up ideal for an RV or another possible home site. This home has been meticulously updated and restored while maintaining original charm that is now functional to include the original windows. Make this unique piece of history your dream come true!

Last Agent to Sell the Property

Alicia Hurst

Coldwell Banker Advantage Brokerage Phone: 9196081663 License #283592 Listed on: 09/27/2023

Coldwell Banker Advantage

Last Buyer's Agent

Alicia Hurst

Coldwell Banker Advantage Brokerage Phone: 9196081663 License #283592 Listed on: 09/27/2023

Coldwell Banker Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $589

Year Built

  • Built in 1968

Lot Details

  • 1 Acre Lot
  • Property fronts a state road
  • Historic Home

Home Design

  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 1,952 Sq Ft Home
  • Fireplace
  • Window Screens
  • Workshop

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • 1 Detached Carport Space
  • RV Access or Parking

Farming

  • Pasture

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6598827229

Home Details

Home Type

Single Family

Est. Annual Taxes

$589

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1
  • Road Frontage Type: State Road
  • Ownership: More than One Year
  • Subdivision Name: None
  • Directions: From Franklin, Go North on Hwy. 28 for 4 miles, turn right on Cowee Creek Rd., go 2 miles, veer right on Ruby Mine Rd., go 2 miles, home is on the left.
  • Carport Y N: Yes
  • Garage Yn: No
  • Structure Type: Historical
  • Year Built: 1968
  • NAV27_rets_property_type: Residential
  • NAV27_AllowsVacationRentalYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Electric Oven/Range, Refrigerator, Washer, Dryer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Other
  • Fireplace: Yes
  • Flooring: Hardwood, Concrete
  • Interior Amenities: Workshop
  • Living Area: 1952
  • Window Features: Screens
  • Room Bedroom2 Level: First
  • Master Bedroom Master Bedroom Level: First

Exterior Features

  • Lot Features: Allow RVs, Pasture
  • View: No
  • Home Warranty: No
  • Construction Type: Other
  • Exterior Features: None
  • Foundation Details: Slab
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Carport-Single Detached

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 43560
  • Parcel #: 6598827229
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 588.79
  • Tax Book Number: Q-40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2024
Sold by
Downs Larry
Bought by
Downs Michelle Yvette and Grasso Frank Ciro
Current Estimated Value
$252,549

Purchase Details

Listed on
Sep 27, 2023
Closed on
Nov 17, 2023
Sold by
Gresham David Russell and Gresham Karen Lynn
Bought by
Downs Larry
Seller's Agent
Alicia Hurst
Coldwell Banker Advantage
Buyer's Agent
Alicia Hurst
Coldwell Banker Advantage
List Price
$238,500
Sold Price
$225,000
Premium/Discount to List
-$13,500
-5.66%
Views
919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$225,000
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Listed on
Nov 24, 2020
Closed on
Feb 4, 2021
Sold by
Taylor Martha L
Bought by
Gresham David Russell and Gresham Karen Lynn
Seller's Agent
Kathy Clifton
Bald Head Realty
List Price
$96,500
Sold Price
$96,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.16%

Purchase Details

Closed on
Jan 4, 2000
Sold by
Schmidt Arthur and Schmidt Ruth
Bought by
Taylor Martha L
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
Downs Michelle Yvette -- None Listed On Document
Downs Michelle Yvette -- None Listed On Document
Downs Larry $225,000 None Listed On Document
Gresham David Russell $96,500 None Available
Taylor Martha L $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Downs Larry $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2023 12/08/23 Sold $225,000 -5.7% $115 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
09/27/2023 09/27/23 For Sale $238,500 +147.2% $122 / Sq Ft
02/15/2021 02/15/21 Sold $96,500 0.0% $51 / Sq Ft View Prior Sale
01/16/2021 01/16/21 Pending -- -- --
11/24/2020 11/24/20 For Sale $96,500 -- $51 / Sq Ft
Source: Carolina Smokies Association of REALTORS®

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 $755 $182,600 $30,000 $152,600
2024 $755 $182,600 $30,000 $152,600
2023 $540 $202,610 $30,000 $172,610
2022 $540 $83,830 $37,500 $46,330
2021 $540 $84,030 $37,500 $46,530
2020 $314 $84,030 $37,500 $46,530
2018 $259 $71,250 $37,500 $33,750
2017 $422 $71,250 $37,500 $33,750
2016 $422 $71,250 $37,500 $33,750
2015 $405 $71,250 $37,500 $33,750
2014 $456 $104,080 $50,000 $54,080
2013 -- $104,080 $50,000 $54,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26032800

APN: 6598827229