NOT LISTED FOR SALE

278 Misty Mountain Rd Unit 11,12 Franklin, NC 28734

Estimated Value: $288,000 - $365,000

3 Beds
3 Baths
2,083 Sq Ft
$151/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $208,000 $100 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,784/month

13 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Workshop
  • Mountain View
  • Traditional Architecture
  • Covered Patio or Porch

About This Home

As of July 2024

Enjoy mountain views and cool Breezes from the deck of this spacious open floor plan home. This 3 bed, 3bath home with a huge bonus room is situated in the upscale community of Holly Springs. The main level has an open kitchen with plenty of cabinets, and an island for all your counterspace and storage needs. This area opens to the dining and living room area with plenty of space for the whole family, with a gas fireplace, and doors leading to the cover deck. The primary bedroom on this level has a private bath and the second bedroom shares a bath, and both have good sized closets. There is a bonus room on this level with doors to the deck and a closet. The lower level has another bedroom with a private bath. Also on this level is a good-sized Family room, and a workshop with additional storage space. On the outside is a huge, fenced yard, patio area and on the additional lot with plenty of space and sun for a great big garden. Paved roads and circular driveway make access easy.

Last Agent to Sell the Property

John Evans

RE/MAX Elite Realty Brokerage Email: johnsellsfranklin@gmail.com License #280456 Listed on: 06/10/2024

RE/MAX Elite Realty

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • Chain Link Fence
  • Sloped Lot
  • Property is zoned N/A

HOA Fees

  • $19 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Metal Roof
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Propane Fireplace
  • Insulated Windows
  • Window Screens
  • Living Room with Fireplace
  • Bonus Room with Fireplace
  • Vinyl Flooring
  • Mountain Views
  • Laundry Room

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Walk-Up Access
  • Interior and Exterior Basement Entry
  • Workshop
  • Basement Storage

Parking

  • Detached Carport Space
  • Driveway
  • 2 Open Parking Spaces

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Generator Hookup
  • Power Generator
  • Propane
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Holly Springs Mountain Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7505482810

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0

HOA Fees

$19 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1981
  • Restrictions: Deed
  • Restrictions Description: See Attachments
  • Road Surface Type: Gravel, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 99.86
  • Geocode Confidence: High
  • Attribution Contact: johnsellsfranklin@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Entry Level: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Open Floorplan, Split Bedroom, Storage
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1440
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 797
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 797
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Exhaust Hood, Microwave, Refrigerator
  • Other Equipment: Generator, Generator Hookup
  • Above Grade Finished Sq Ft: 1440
  • Has Basement: Basement Shop, Exterior Entry, Interior Entry, Partial, Partially Finished, Storage Space, Walk-Out Access, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 643
  • Door Features: Screen Door(s), Sliding Doors
  • Fireplace Features: Bonus Room, Living Room, Propane
  • Living Area: 2083
  • Window Features: Insulated Window(s)
  • Bedroom Main: 3
  • Room Count: 10
  • Bedroom Basement: 0

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Fencing: Chain Link
  • View: Mountain(s)
  • Waterfront Elevation: 2000
  • Construction Type: Hardboard Siding
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Deck

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Detached Carport, Driveway

Utilities

  • Heating: Central, Electric, Forced Air, Propane
  • Sewer: Septic Installed
  • Laundry Features: Inside, Main Level
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Cable Available, Propane
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 225
  • Association Fee Frequency: Annually
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 225.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Sloped, Views
  • Lot Size Area: 1.18
  • Lot Size Units: Acres
  • Parcel Number: 7505482810
  • Plat Reference Section Pages: 1/137,9
  • Land Included Yn: 1
  • Additional Parcels Description: 7505482648
  • ResoLotSizeUnits: Acres
  • Zoning Specification: N/A

Rental Info

  • Pets Allowed: Yes

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2024
Closed on
Jul 29, 2024
Sold by
Shives-Shirley Stephen B and Shives-Shirley Lindsey M
Bought by
Ketchum John C and Ketchum Tammy D
Seller's Agent
John Evans
RE/MAX Elite Realty
Buyer's Agent
Non Member
Canopy Administration
List Price
$350,000
Sold Price
$208,000
Premium/Discount to List
-$142,000
-40.57%
Views
30
Current Estimated Value
$314,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,169
Avg. Annual Appreciation
44.99%
Original Mortgage
$292,600
Outstanding Balance
$289,552
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$24,617

Purchase Details

Closed on
Oct 3, 2017
Sold by
Droze Elizabeth A
Bought by
Shives Shirley Stephen B and Shives Shirley Lindsey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,965
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2014
Sold by
Droze Elizabeth A
Bought by
Droze Elizabeth A and The Elizabeth A Droze Revocable Tr

Purchase Details

Closed on
May 14, 2003
Sold by
Brown Franklin D and Brown Alice M
Bought by
Droze Gerald A
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
Ketchum John C $308,000 None Listed On Document
Shives Shirley Stephen B $184,500 None Available
Droze Elizabeth A -- None Available
Droze Gerald A $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ketchum John C $292,600
Previous Owner Shives Shirley Stephen B $178,965
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $208,000 -36.0% $100 / Sq Ft
06/19/2024 06/19/24 Price Changed $324,900 -4.2% $156 / Sq Ft
06/17/2024 06/17/24 Price Changed $339,000 -3.1% $163 / Sq Ft
06/11/2024 06/11/24 For Sale $350,000 +68.3% $168 / Sq Ft
06/10/2024 06/10/24 Off Market $208,000 -- --
06/10/2024 06/10/24 For Sale $350,000 -- $168 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 -- $211,410 $32,240 $179,170
2023 $794 $211,410 $32,240 $179,170
2022 $730 $131,150 $13,990 $117,160
2021 $710 $132,380 $13,990 $118,390
2020 $676 $132,380 $13,990 $118,390
2018 $631 $132,830 $14,500 $118,330
2017 $0 $132,830 $14,500 $118,330
2016 $618 $132,830 $14,500 $118,330
2015 -- $132,830 $14,500 $118,330
2014 $581 $164,660 $28,140 $136,520
2013 -- $164,660 $28,140 $136,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4146974

Canopy MLS (Canopy Realtor® Association)

APN: 7505482810