NOT LISTED FOR SALE

2361 Lyle Knob Rd Franklin, NC 28734

Estimated Value: $266,000 - $325,401

2 Beds
2 Baths
950 Sq Ft
$313/Sq Ft Est. Value

Last Sold November 06, 2023

Last sale price $412,500 $434 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $1,659/month

62 Days on Market

Highlights

  • 4.73 Acre Lot
  • Deck
  • Cathedral Ceiling
  • Open Floorplan
  • Private Lot
  • Wood Flooring

About This Home

As of November 2023

Enjoy the cool days and evenings at 3100+ foot elevation. This well-maintained log cabin is perfect for the person looking to escape the hustle and bustle of the world. The cabin sits on 4.73 acres and has a cleared extra build spot with equally spectacular views available. This true log cabin is a two bed, two bath with a huge open living room kitchen combination. The kitchen is equipped with high quality appliances, plenty of storage and counter space. The living room has vaulted ceilings, a fireplace, and huge windows to bring spectacular views right inside. Both bedrooms are nicely sized, and the primary has its own private bath. Outside the living room door is a wrap-around deck that has some of the best views in the county. The home has been updated with a new air conditioning system, a completely new well system including water conditioner, and pump. If that is not enough there is an extra lot that also has a spectacular view, with the driveway and home sight already cleared All this is just 15 minutes to town, and easy commute to all your favorite outdoor activities like hiking, boating, or biking.

Last Agent to Sell the Property

John Evans

RE/MAX Elite Realty Brokerage Phone: 8283494600 License #280456 Listed on: 07/23/2023

RE/MAX Elite Realty

Last Buyer's Agent

Katelyn VanderWoude

RE/MAX Elite Realty License #337273

RE/MAX Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $958

Year Built

  • Built in 1988

Lot Details

  • 4.73 Acre Lot
  • Private Lot

Parking

  • No Garage

Home Design

  • Log Cabin
  • Rustic Architecture
  • Shingle Roof
  • Log Siding

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Living Area on First Floor
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Crawl Space
  • Property Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Central Air
  • Heating System Uses Wood
  • Water Filtration System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Water Softener
  • Septic Tank

Community Details

  • No Home Owners Association
  • Lyle Knob Subdivision
  • Stream

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 6597855165

Home Details

Home Type

Single Family

Est. Annual Taxes

$958

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 4.73
  • Road Frontage Type: Property Owners' Assoc
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Subdivision Name: Lyle Knob
  • Directions: 441 North 2.5 miles, go left Sanderstown Rd. Go 1 mile, turn RT. Lyle Knob Rd. Go 2.3 miles, Go RT on gravel access road where sign pointer sign indicates. Continue on Access Road past #2357, stay to the right. You will come to what looks like the end of the Rd, cabin on left. Swing left to go up to the gate. Pointers signs all the way.
  • Architectural Style: Log, Cabin
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1988
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8283494600
  • NAV27_AllowsVacationRentalYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Water Filter System, Microwave, Electric Oven/Range, Refrigerator, Water Softener, Washer, Dryer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Doors-Insulated
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Cathedral/Vaulted Ceiling, Ceiling Fan(s), Kitchen/Dining Room, Main Level Living, Primary w/Ensuite, Primary on Main Level, Open Floorplan
  • Window Features: Insulated Windows, Window Treatments
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 1273.3
  • Room Living Room Area: 265.2
  • Room Kitchen Area: 153.22
  • Master Bedroom Master Bedroom Width: 11.1
  • Room Master Bedroom Area: 129.87

Exterior Features

  • Lot Features: Private
  • View: View-Winter, View Year Round
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log
  • Exterior Features: Rustic Appearance
  • Other Structures: Storage Building/Shed
  • Patio And Porch Features: Deck
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: First Level
  • Cooling: Central Electric
  • Cooling Y N: Yes
  • Heating: Electric, Wood
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Well, Private
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 206038.8
  • Parcel #: 6597855165

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 957.81
  • Tax Book Number: K-37, E-39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2023
Closed on
Nov 6, 2023
Sold by
Hershel David D and Hershel Michelle L
Bought by
Doerr Patrick A and Partridge-Doerr Michelle B
Seller's Agent
John Evans
RE/MAX Elite Realty
Buyer's Agent
Katelyn VanderWoude
RE/MAX Elite Realty
List Price
$450,000
Sold Price
$412,500
Premium/Discount to List
-$37,500
-8.33%
Views
346
Current Estimated Value
$297,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$115,400
Avg. Annual Appreciation
-15.56%
Original Mortgage
$330,000
Outstanding Balance
$323,962
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
-$26,862

Purchase Details

Closed on
Nov 1, 2006
Sold by
Berger Daniel Ron and Berger Ellen Joyce
Bought by
Gustke Donald W and Gustke Susan Book

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
6.25%
Mortgage Type
New Conventional
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
Doerr Patrick A $412,500 None Listed On Document
Gustke Donald W $90,000 None Available
Gustke Donald W $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doerr Patrick A $330,000
Previous Owner Gustke Donald W $118,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2023 11/06/23 Sold $412,500 -2.9% $434 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
09/11/2023 09/11/23 Price Changed $424,900 0.0% $447 / Sq Ft
08/29/2023 08/29/23 Price Changed $425,000 -5.6% $447 / Sq Ft
07/24/2023 07/24/23 For Sale $450,000 +195.9% $474 / Sq Ft
07/07/2016 07/07/16 Sold $152,062 0.0% $160 / Sq Ft View Prior Sale
06/07/2016 06/07/16 Pending -- -- --
01/31/2016 01/31/16 For Sale $152,062 -- $160 / 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 $1,009 $250,750 $56,510 $194,240
2024 $1,009 $250,750 $56,510 $194,240
2023 $774 $169,720 $39,070 $130,650
2022 $774 $126,030 $25,000 $101,030
2021 $774 $126,530 $25,000 $101,530
2020 $742 $126,530 $25,000 $101,530
2018 $703 $127,760 $25,000 $102,760
2017 $0 $127,760 $25,000 $102,760
2016 $703 $127,760 $25,000 $102,760
2015 $680 $127,760 $25,000 $102,760
2014 $516 $123,780 $24,550 $99,230
2013 -- $123,780 $24,550 $99,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26031160

APN: 6597855165