NOT LISTED FOR SALE

2001 Mashburn Branch Rd Franklin, NC 28734

Estimated Value: $55,000 - $173,000

2 Beds
1 Bath
626 Sq Ft
$164/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $50,000 $80 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $567/month

10 Days on Market

Highlights

  • RV Access or Parking
  • Ranch Style House
  • Cathedral Ceiling
  • Open Floorplan
  • Partially Wooded Lot
  • Living Area on First Floor

About This Home

As of October 2023

Here's your chance to dive into a promising investment venture with this stripped-down home, awaiting your creative touch. Located just moments away from the vibrant heart of downtown Franklin, this property offers an ideal canvas for those looking to craft something truly special. Situated on a gentle slope, the lot features a tranquil creek that adds a touch of nature's serenity to the surroundings. With easy access, you can conveniently bring your vision to life in this well-located haven. Embrace the potential of this unique offering and reimagine a stunning residence. The possibilities are endless – seize this opportunity today! Structural defects found during inspection - see updated seller disclosure- Seller is NC agent.

Last Agent to Sell the Property

Kristie Brennan

Vignette Realty, LLC Brokerage Phone: 8284596025 License #316453 Listed on: 08/29/2023

Co-Listed By

Rashaune De La Cruz

Vignette Realty, LLC Brokerage Phone: 8284596025 License #298991

Last Buyer's Agent

Evan Klatt

Re/Max Elite Realty License #344565

Re/Max Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $384

Year Built

  • Built in 1951

Lot Details

  • 0.61 Acre Lot
  • Home fronts a stream
  • Property fronts a state road
  • Level Lot
  • Partially Wooded Lot

Home Design

  • Ranch Style House
  • Cottage
  • Metal Roof
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Living Area on First Floor
  • Crawl Space
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • RV Access or Parking

Utilities

  • No Cooling
  • Heating Available
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 7503455614

Home Details

Home Type

Single Family

Est. Annual Taxes

$384

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.61
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 251
  • Co List Office Phone: 828-459-6025
  • Ownership: More than One Year
  • Directions: From downtown Franklin, Iotla Street to Phillips. Left onto Wayah at the roundabout and take the first exit. Right on Mashburn Branch. The house is .9 miles down on the right.
  • Architectural Style: Ranch/Single, Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1951
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8284596025
  • NAV27_AllowsVacationRentalYN: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, None
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Other-See Remarks
  • Interior Amenities: Cathedral/Vaulted Ceiling, Main Level Living, Primary on Main Level, Open Floorplan
  • Window Features: Windows-Storm None
  • Room Bedroom2 Level: First
  • Master Bedroom Master Bedroom Level: First

Exterior Features

  • Lot Features: Allow RVs, Level Yard, Rolling, Unrestricted
  • View: No
  • Waterfront Features: Stream/Creek
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: None
  • Roof: Metal

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 26571.6
  • Parcel #: 7503455614
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 383.74
  • Tax Book Number: V-40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2023
Closed on
Oct 3, 2023
Sold by
Swinging Doors Llc
Bought by
Mercer Robert A and Mercer Diane L
Seller's Agent
Kristie Brennan
Vignette Realty, LLC
Buyer's Agent
Evan Klatt
Re/Max Elite Realty
List Price
$74,900
Sold Price
$50,000
Premium/Discount to List
-$24,900
-33.24%
Views
160
Current Estimated Value
$102,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,363
Avg. Annual Appreciation
52.42%

Purchase Details

Listed on
Feb 8, 2021
Closed on
Apr 19, 2021
Sold by
Jackson Robert Wallace and Jackson Kathy G
Bought by
Swinging Doors Llc
Seller's Agent
Larry Rogers
Lamplighter Realty
Buyer's Agent
Kristie Brennan
RE/MAX Elite Realty
List Price
$40,000
Sold Price
$40,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.41%

Purchase Details

Closed on
Aug 7, 1996
Sold by
Jackson Robert B
Bought by
Jackson Robert Wallace
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
Mercer Robert A $50,000 None Listed On Document
Swinging Doors Llc $40,000 None Available
Jackson Robert Wallace -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $50,000 -16.7% $80 / Sq Ft
09/09/2023 09/09/23 Pending -- -- --
09/08/2023 09/08/23 Price Changed $60,000 -19.9% $96 / Sq Ft
08/29/2023 08/29/23 For Sale $74,900 +87.3% $120 / Sq Ft
04/21/2021 04/21/21 Sold $40,000 0.0% $64 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $40,000 -- $64 / 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
2025 $282 $50,900 $38,830 $12,070
2024 $282 $50,900 $38,830 $12,070
2023 $342 $86,710 $38,830 $47,880
2022 $342 $49,490 $15,740 $33,750
2021 $334 $49,590 $15,740 $33,850
2020 $340 $53,850 $20,000 $33,850
2018 $327 $57,690 $20,000 $37,690
2017 -- $57,690 $20,000 $37,690
2016 $327 $57,690 $20,000 $37,690
2015 $304 $57,690 $20,000 $37,690
2014 $202 $40,650 $25,000 $15,650
2013 -- $40,650 $25,000 $15,650
Source: Public Records

Agents Affiliated with this Home

  • Kristie Brennan

    Seller's Agent in 2023

    Kristie Brennan

    Vignette Realty, LLC

    (828) 544-1159

    133 in this area

    184 Total Sales

    Kristie Brennan
    Section Image
  • Rashaune De La Cruz

    Seller Co-Listing Agent in 2023

    Rashaune De La Cruz

    Vignette Realty, LLC

    (828) 421-7436

    203 in this area

    261 Total Sales

    Rashaune De La Cruz
    Section Image
  • Evan Klatt

    Buyer's Agent in 2023

    Evan Klatt

    RE/MAX

    (828) 421-2901

    50 in this area

    66 Total Sales

    Evan Klatt
    Section Image

  • L

    Seller's Agent in 2021

    Larry Rogers

    Lamplighter Realty

    (828) 524-5601

    125 in this area

    153 Total Sales

    Larry Rogers
    Section Image
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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26031485

APN: 7503455614

North Carolina Macon County Franklin 28734

2001 Mashburn Branch Rd, Franklin, NC

This home is located at 2001 Mashburn Branch Rd, Franklin, NC 28734 since 29 August 2023 and is currently estimated at $102,363, approximately $163 per square foot. This property was built in 1951. 2001 Mashburn Branch Rd is a home located in Macon County with nearby schools including East Franklin Elementary School, Macon Middle School, and Mountain View Intermediate School.

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