NOT LISTED FOR SALE

205 Arbor Ln Franklin, NC 28734

Estimated Value: $279,712 - $335,000

2 Beds
1.5 Baths
864 Sq Ft
$351/Sq Ft Est. Value

Last Sold September 06, 2022

Last sale price $240,000 $278 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,671/month

12 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Cathedral Ceiling
  • Private Lot
  • Ranch Style House
  • Wood Flooring

About This Home

As of September 2022

Peace and serenity abound here in this perfectly maintained moutain cabin nestled in the woods in the Cowee area of Franklin, NC. The 2 bedroom, 1.5 bath home on 1.59 acres of privacy and beauty. Gorgeous private drive with lush landscaping, separate powered workshop, and separate studio for hobbies, meditation etc! You can enjoy all the gentle seasons from fully covered front porch or side deck. Home has 3 heat sources. Very well cared for and priced to sell at only $259,000!

Last Agent to Sell the Property

Vickie Kimsey

Real Estate In The Mountains - Vickie Kimsey Team Brokerage Phone: 8283695744 License #127905 Listed on: 07/13/2022

Last Buyer's Agent

Al Stoneham

Allen Tate Realtors License #321459

Allen Tate Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $441

Year Built

  • Built in 1986

Lot Details

  • 1.59 Acre Lot
  • Private Lot
  • Wooded Lot

Parking

  • No Garage

Home Design

  • Ranch Style House
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Screens
  • Living Area on First Floor
  • Workshop
  • Crawl Space
  • Electric Oven or Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub Includes Tile Surround

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outdoor Storage
  • Outbuilding
  • Porch

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Propane
  • Mini Split Heat Pump
  • Heating System Powered By Owned Propane
  • Baseboard Heating
  • Shared Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Deerwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6577840005

Home Details

Home Type

Single Family

Est. Annual Taxes

$441

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.59
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Subdivision Name: Deerwood
  • Directions: 28N to left on Bennett Rd. to right on Rose Creek out a few miles to left on Arbor Ln. follow up the hill to #205 on the right
  • Architectural Style: Ranch/Single
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1986
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8283695744
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Refrigerator, Dryer, Washer, Electric Oven/Range
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Other, Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Ceramic Tile Bath, Main Level Living, Workshop, Cathedral/Vaulted Ceiling, Primary on Main Level, Ceiling Fan(s)
  • Window Features: Screens
  • Room Bedroom2 Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 130
  • Room Living Room Area: 220.08
  • Master Bedroom Master Bedroom Width: 13
  • Room Master Bedroom Area: 130

Exterior Features

  • Lot Features: Private, Wooded
  • View: No
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Other Structures: Storage Building/Shed, Outbuilding/Workshop
  • Patio And Porch Features: Porch, Deck
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Mini-Split, Propane, Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Shared Well
  • Gas Company: Propane Tank: Owned
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 69260.4
  • Parcel #: 6577840005
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 441.2
  • Tax Book Number: E-19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Aug 31, 2022
Sold by
Chicoine Francis W and Chicoine Mary A
Bought by
Marg Megan L and Marg Jordan
Seller's Agent
Vickie Kimsey
Real Estate In The Mountains - Vickie Kimsey Team
Buyer's Agent
Al Stoneham
Allen Tate Realtors
List Price
$240,000
Sold Price
$240,000
Current Estimated Value
$302,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,928
Avg. Annual Appreciation
7.80%
Original Mortgage
$192,000
Outstanding Balance
$183,852
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$119,076

Purchase Details

Listed on
Jul 7, 2013
Closed on
Dec 23, 2013
Sold by
Washington Donald R
Bought by
Chicoine Francis W
Seller's Agent
John Becker
Bald Head Realty
List Price
$118,000
Sold Price
$118,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%
Source: Public Records

Range of Values:

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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
Marg Megan L $240,000 --
Marg Megan L $240,000 None Listed On Document
Chicoine Francis W $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marg Megan L $192,000
Closed Marg Megan L $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2022 09/06/22 Sold $240,000 0.0% $278 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $240,000 +103.4% $278 / Sq Ft
12/23/2013 12/23/13 Sold $118,000 0.0% $136 / Sq Ft View Prior Sale
11/23/2013 11/23/13 Pending -- -- --
07/07/2013 07/07/13 For Sale $118,000 -- $136 / 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 $839 $204,170 $36,110 $168,060
2024 $839 $204,170 $36,110 $168,060
2023 $379 $204,170 $36,110 $168,060
2022 $379 $92,450 $22,980 $69,470
2021 $373 $94,450 $22,980 $71,470
2020 $360 $94,450 $22,980 $71,470
2018 $348 $101,960 $22,710 $79,250
2017 -- $101,960 $22,710 $79,250
2016 $539 $101,960 $22,710 $79,250
2015 -- $101,960 $22,710 $79,250
2014 $452 $109,230 $31,770 $77,460
2013 -- $109,230 $31,770 $77,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26026918

APN: 6577840005