NOT LISTED FOR SALE

2008 Walnut Creek Rd Franklin, NC 28734

Estimated Value: $2,074,800 - $2,480,000

6 Beds
5 Baths
6,040 Sq Ft
$378/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $272,000 $45 Per Sq Ft

Est. 739% increase in value since last sale

Current estimated payment $13,052/month

176 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Cathedral Ceiling
  • 2.02 Acre Lot
  • Contemporary Architecture
  • Main Floor Primary Bedroom

About This Home

As of May 2017

WATERFALL & CREEKFRONT HOME ON 2.02 UNRESTRICTED ACRES. This fabulous private setting includes an approx. 5,000 Sq Ft home that's dried in and partially finished on the exterior, and although the interior's unfinished, some electrical and plumbing is in. It's truly an unique, one-of-a-kind home with 7 fireplace locations, indoor natural stone hot tub area & lots of high quality sliding glass doors to bring those great views in. The unfinished interior gives a new owner the ability to complete to exactly their style and taste. The county has this home permitted as a 5 bedroom/5 bath, but since it's unfinished you could change if needed. The large decks overlook the 2 waterfalls (one approx. 60 ft & the other approx 8 ft) and a swimming area between the 2 waterfalls with an island. The decks are in place, but the railings still need to be added. The well (100 GPM) and septic are already installed. Located off a state paved road with gated entrance, this is a must-see home and property!

Last Listed By

Becky Ramey

Re/Max Elite Realty Brokerage Phone: 8283494600 License #244928 Listed on: 10/17/2016

Re/Max Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,108

Year Built

  • Built in 2004

Lot Details

  • 2.02 Acre Lot
  • Property fronts a state road

Home Design

  • Contemporary Architecture
  • Rustic Architecture
  • Shingle Roof
  • Fiberglass Roof
  • Wood Siding
  • HardiePlank Type

Interior Spaces

  • Cathedral Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors
  • No Kitchen Appliances
  • Property Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • In-Law or Guest Suite
  • 5 Full Bathrooms

Basement

  • Partial Basement
  • Interior Basement Entry
  • Basement with some natural light

Parking

  • No Garage
  • RV Access or Parking

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Deck
  • In Flood Plain

Community Details

  • No Home Owners Association
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 7523761547

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,108

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 2.02
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 10
  • Co List Office Phone: 828-349-4700
  • Ownership: More than One Year
  • Directions: 64 East (Highlands Road) to Left on Walnut Creek Rd, then go 2 miles to #2008 on Left at Gate. Call agent or office for gate and house combo codes.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 2004
  • Kitchen Level: First
  • Attribution Contact: 8283494600
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, None
  • Has Basement: Partial, Daylight, Interior Entry
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Door Features: Doors-Insulated
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Flooring: Other-See Remarks
  • Interior Amenities: Cathedral/Vaulted Ceiling, Other, In-Law Floorplan
  • Window Features: Insulated Windows
  • Living Room Living Room Level: Second
  • Master Bedroom Master Bedroom Level: First
  • Room Living Room Area: 560
  • Room Kitchen Area: 288
  • Master Bedroom Master Bedroom Width: 22
  • Room Master Bedroom Area: 440

Exterior Features

  • Lot Features: Flood Plain, Allow RVs, Elevation over 3000, Unrestricted
  • View: View Year Round, Short Range View
  • View: Yes
  • Home Warranty: No
  • Construction Type: HardiPlank Type, Wood Siding
  • Exterior Features: Rustic Appearance
  • Patio And Porch Features: Deck
  • Roof: Fiberglass, Shingle

Garage/Parking

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

Utilities

  • Cooling: Central Electric
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 87991.2
  • Parcel #: 7523761547
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2107.5
  • Tax Book Number: S-36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2024
Sold by
Ellison Roger M and Ellison Victoria Y
Bought by
Naples Road Llc
Total Days on Market
176
Current Estimated Value
$2,282,200

Purchase Details

Listed on
Oct 17, 2016
Closed on
May 12, 2017
Sold by
Three Bears Llp
Bought by
Ellison Roger M and Ellison Victoria Y
Seller's Agent
Becky Ramey
Re/Max Elite Realty
List Price
$272,000
Sold Price
$272,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.37%

Purchase Details

Closed on
Nov 13, 2000
Sold by
Welch Homer T Iii-Sky Farm
Bought by
Noha Joseph

Range of Values:

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Average Value
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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
Naples Road Llc $2,000,000 None Listed On Document
Ellison Roger M $272,000 None Available
Noha Joseph $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ellison Roger M $750,000
Previous Owner Ellison Roger M $496,000
Previous Owner Noha Joseph $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2017 05/12/17 Sold $272,000 0.0% $45 / Sq Ft
04/12/2017 04/12/17 Pending -- -- --
10/17/2016 10/17/16 For Sale $272,000 +36.0% $45 / Sq Ft
04/30/2015 04/30/15 Sold $200,000 0.0% $33 / Sq Ft
03/31/2015 03/31/15 For Sale $200,000 -- $33 / 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 $4,060 $1,671,480 $268,560 $1,402,920
2023 $3,021 $1,238,940 $268,560 $970,380
2022 $3,021 $617,260 $75,750 $541,510
2021 $2,921 $617,260 $75,750 $541,510
2020 $2,765 $617,260 $75,750 $541,510
2018 $2,108 $499,750 $37,880 $461,870
2017 $2,108 $499,750 $37,880 $461,870
2016 $2,108 $499,750 $37,880 $461,870
2015 $2,082 $499,750 $37,880 $461,870
2014 $1,866 $558,960 $107,460 $451,500
2013 -- $558,960 $107,460 $451,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26003499

APN: 7523761547