NOT LISTED FOR SALE

223 Bear Back Ridge Rd Franklin, NC 28734

Estimated Value: $427,000 - $490,000

2 Beds
1 Bath
940 Sq Ft
$497/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $240,000 $255 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,603/month

6 Days on Market

Highlights

  • Water Views
  • 4.37 Acre Lot
  • Wood Flooring
  • Horses Allowed On Property
  • Partially Wooded Lot
  • Main Floor Primary Bedroom

About This Home

As of March 2022

AMAZING 4.37 acres with these 2 adjoining lots on BOLD Tessentee Creek with an additional rippling creek along the other side as well. Stunning rolling level land plus breathtaking mountain views. With the views, bold creek, rippling stream and spanning acreage bordered by lovely trees you feel you are in your own oasis. Original homestead for the valley sits on lot 20A, this home is livable but is sold as-is, wear is due to age. Lot 20B has a 3 bedroom septic and underground utilities already installed. The drilled well also services just these 2 lots, the pressure tank for the well is located next to well underground. Well-maintained homes on the road and a perfect spot to temporarily live in the original cottage as you build your dream home on the adjacent lot. No HOA dues. Road Maintenance is as-needed between property owners. Haywood Electric for power and neighbors have Frontier Internet. The perfect location for your mountain home or get-a-way with easy access to Franklin, Clayton, Highlands, and 441.

Last Agent to Sell the Property

Becky Ramey

Re/Max Elite Realty Brokerage Phone: 8283494600 License #244928 Listed on: 02/01/2022

Re/Max Elite Realty

Last Buyer's Agent

Mike Evers

Franklin Realty Co., Inc. License #263746

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $725

Year Built

  • Built in 1946

Lot Details

  • 4.37 Acre Lot
  • Home fronts a stream
  • Level Lot
  • Open Lot
  • Partially Wooded Lot

Parking

  • No Garage

Home Design

  • Cottage
  • Rustic Architecture
  • Metal Roof
  • Block And Beam Construction

Interior Spaces

  • 940 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Bonus Room
  • Water Views
  • Storm Windows

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Heating System Uses Propane
  • Heating System Uses Wood
  • Baseboard Heating
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Pasture
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Bear Back Ridge Subdivision
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 7500585547

Home Details

Home Type

Single Family

Est. Annual Taxes

$725

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 4.37
  • Road Frontage Type: Community
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Subdivision Name: Bear Back Ridge
  • Directions: 441S to LEFT on Tessentee Road, Go just over 4.5 miles to RIGHT on Bear Back Ridge. Continue straight and cross the concrete bridge over the bold creek. On the other side of this bridge, the property starts on the RIGHT. You can pull in up past the underground power box, please be careful driving. Second creek up above that.
  • Architectural Style: Cottage, Other-See Remarks
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1946
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8283494600
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Refrigerator, Dryer, Microwave, Washer, Electric Oven/Range
  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Other, Gas Log
  • Fireplace: Yes
  • Flooring: Vinyl, Hardwood, Concrete
  • Interior Amenities: Bonus Room, Ceiling Fan(s)
  • Living Area: 940
  • Window Features: Windows-Storm Part
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 106.25
  • Room Living Room Area: 178.35
  • Room Kitchen Area: 80.3
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 10.7
  • Room Master Bedroom Area: 131.61
  • Room Dining Room Area: 229.1

Exterior Features

  • Lot Features: Open Lot, Suitable for Horses, Level, Level Yard, Rolling, Pasture
  • View: View Year Round, Water, Long Range View, Short Range View
  • View: Yes
  • Waterfront Features: Stream/Creek
  • Home Warranty: No
  • Construction Type: Block, Other
  • Exterior Features: Rustic Appearance
  • Other Structures: Storage Building/Shed
  • Patio And Porch Features: Porch
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Laundry Features: First Level
  • Cooling: None, Other
  • Cooling Y N: Yes
  • Heating: Wood, Propane, Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well, Private

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 190357.2
  • Parcel #: 7500585547
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 725.01
  • Tax Book Number: L-29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2022
Closed on
Mar 15, 2022
Sold by
Andrew C Deforge Trust
Bought by
Elder David W and Elder Stacey L
Seller's Agent
Becky Ramey
Re/Max Elite Realty
Buyer's Agent
Mike Evers
Franklin Realty Co., Inc.
List Price
$240,000
Sold Price
$240,000
Current Estimated Value
$467,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,517
Avg. Annual Appreciation
20.73%
Original Mortgage
$188,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2005
Sold by
Deforge Andrew C and Deforge Davylyn K
Bought by
Davylyn K Deforge Trust
Source: Public Records

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
Elder David W $240,000 Coward Hicks & Siler Pa
Davylyn K Deforge Trust -- None Available
The Andrew C Deforge Trust -- None Available
The Davyltyn K Deforge Trust -- None Available
Andrew C Deforge Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Elder David W $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $240,000 0.0% $255 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $240,000 -- $255 / 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 $1,484 $78,340 $78,340 $0
2024 $688 $360,170 $78,340 $281,830
2023 $570 $158,130 $78,340 $79,790
2022 $570 $91,890 $41,000 $50,890
2021 $570 $92,390 $41,000 $51,390
2020 $517 $92,390 $41,000 $51,390
2018 $551 $110,170 $41,000 $69,170
2017 $0 $110,170 $41,000 $69,170
2016 $551 $110,170 $41,000 $69,170
2015 -- $110,170 $41,000 $69,170
2014 $486 $126,310 $76,880 $49,430
2013 -- $126,310 $76,880 $49,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26024156

APN: 7500585547