NOT LISTED FOR SALE

1961 Corbin Rd Franklin, NC 28734

Estimated Value: $262,529 - $328,000

2 Beds
1.5 Baths
-- Sq Ft
1.18 Acres

Last Sold June 06, 2018

Last sale price $116,500

Est. 146% increase in value since last sale

Current estimated payment $1,596/month

119 Days on Market

Highlights

  • Open Floorplan
  • Private Lot
  • Main Floor Primary Bedroom
  • Deck
  • Wooded Lot
  • Workshop

About This Home

As of June 2018

THE PERFECT COZY CABIN IN THE WOODS WITH A YEAR ROUND VIEW AND A SPACIOUS WRAP-AROUND DECK TO ENJOY THE PRISTINE SETTING. DETACHED GARAGE AND A PARTIALLY FINISHED BASEMENT. THIRD BEDROOM FINISHED WITH HALF BATH. EVERYTHING YOU NEED FOR SERENITY IN THE MOUNTAINS. GREAT SPACE IN THE BASEMENT.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $458

Year Built

  • Built in 1983

Lot Details

  • 1.18 Acre Lot
  • Private Lot
  • Wooded Lot

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Rustic Architecture
  • Cabin
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Workshop
  • Vinyl Flooring
  • Washer
  • Property Views

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Finished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Interior and Exterior Basement Entry

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Wood
  • Baseboard Heating
  • Well
  • Electric Water Heater

Community Details

  • Cedar Springs Subdivision
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 7516457022

Home Details

Home Type

Single Family

Est. Annual Taxes

$458

Year Built

Built in 1983

Lot Details

0

HOA Fees

$5 per month

Parking

1

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.18
  • Road Frontage Type: Property Owners' Assoc
  • Ownership: More than One Year
  • Subdivision Name: Cedar Springs
  • Directions: 441 N RIGHT ON RABBIT CREEK ROAD APPROX 2 MILES TO LEFT TURN ON CORBIN ROAD GO APPROX 1.8 MILES AND STAY LEFT AT THE FORK GO .2 MILES TO LISTING ON RIGHT AT LO SIGN
  • Architectural Style: Cabin
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 1983
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8285240100
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Microwave, Electric Oven/Range, Washer, Refrigerator
  • Has Basement: Full, Exterior Entry, Partial, Interior Entry, Washer/Dryer Hook-up, Finished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Doors-Insulated
  • Fireplace Features: Wood Burning, Stone
  • Fireplace: Yes
  • Flooring: Vinyl
  • Interior Amenities: Pantry, Breakfast Bar, Workshop, Kitchen/Dining Room, Open Floorplan, Ceiling Fan(s)
  • Main Level Bathrooms: 1
  • Window Features: Insulated Windows, Window Treatments
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Living Room Area: 245.6667
  • Room Kitchen Area: 161.0278
  • Master Bedroom Master Bedroom Width: 12.8333
  • Room Master Bedroom Area: 148.6528

Exterior Features

  • Lot Features: Private, Wooded
  • View: View Year Round
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Rustic Appearance
  • Patio And Porch Features: Deck
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Heating: Baseboard, Electric, Wood
  • Heating Yn: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 60
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 51400.8
  • Parcel #: 7516457022
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 458.47
  • Tax Book Number: L-32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2018
Closed on
May 14, 2018
Sold by
Benjamin Mason Neal and Mason Neal Benjamin Jr And Sch
Bought by
Zuelch Gregory and Zuelch Laura
List Price
$116,500
Sold Price
$116,500
Current Estimated Value
$286,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,382
Avg. Annual Appreciation
13.06%
Original Mortgage
$119,004
Outstanding Balance
$102,561
Interest Rate
4.44%
Mortgage Type
VA
Estimated Equity
$184,321

Purchase Details

Closed on
Jul 11, 2008
Sold by
Brookes Patricia J
Bought by
Benjamin Mason Neal and Benjamin Schellie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
6.37%
Mortgage Type
New Conventional
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
Zuelch Gregory $116,500 None Available
Benjamin Mason Neal $146,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zuelch Gregory $119,004
Previous Owner Benjamin Mason Neal $116,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2018 06/06/18 Sold $116,500 0.0% --
05/07/2018 05/07/18 Pending -- -- --
01/07/2018 01/07/18 For Sale $116,500 -- --
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 $768 $187,290 $34,070 $153,220
2024 $768 $187,290 $34,070 $153,220
2023 $643 $187,190 $34,070 $153,120
2022 $643 $111,310 $15,250 $96,060
2021 $625 $113,810 $15,250 $98,560
2020 $596 $113,810 $15,250 $98,560
2018 $468 $92,370 $18,830 $73,540
2017 $468 $92,370 $18,830 $73,540
2016 $458 $92,370 $18,830 $73,540
2015 $435 $92,370 $18,830 $73,540
2014 $376 $98,510 $19,660 $78,850
2013 -- $98,510 $19,660 $78,850
Source: Public Records

Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26007120

APN: 7516457022