NOT LISTED FOR SALE

278 Misty Mountain Rd Franklin, NC 28734

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

3 Beds
3 Baths
1,440 Sq Ft
$218/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $308,000 $214 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,784/month

10 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Bonus Room
  • Deck
  • Main Floor Primary Bedroom
  • Workshop

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 Phone: 8283494600 License #280456 Listed on: 06/10/2024

RE/MAX Elite Realty

Last Buyer's Agent

Evan Klatt

Re/Max Elite Realty License #344565

Re/Max Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $867

Year Built

  • Built in 1981

Lot Details

  • 1.18 Acre Lot
  • Fenced Yard
  • Open Lot
  • Lot Has A Rolling Slope

HOA Fees

  • $19 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Metal Roof
  • Composite Building Materials

Interior Spaces

  • Open Floorplan
  • Partially Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors
  • Living Area on First Floor
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Workshop
  • Laundry on main level
  • Property Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Finished Basement

  • Heated Basement
  • Partial Basement
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Bedroom in Basement
  • Workshop
  • Finished Basement Bathroom

Parking

  • 2 Car Detached Garage
  • 2 Detached Carport Spaces

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heating System Powered By Owned Propane
  • Power Generator
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Holly Springs Estates Subdivision
  • Stream

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 7505482810

Home Details

Home Type

Single Family

Est. Annual Taxes

$867

Year Built

Built in 1981

Lot Details

0

HOA Fees

$19 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.18
  • Road Frontage Type: Property Owners' Assoc
  • Road Surface Type: Paved
  • Ownership: More than One Year
  • Subdivision Name: Holly Springs Estates
  • Directions: Hwy. 441 North, Right on Cat Creek Road, go 1.5 miles, turn left on Ferguson Road, go 2 miles, turn right on Holly Springs Estates Road, go 1/2 mile, turn left on Misty Mountain Road, go 1/3 of a mile, # 278 will be on your left. Go in the second entrance...you can easily drive right through the circular driveway.
  • Architectural Style: Traditional
  • Carport Y N: Yes
  • Garage Yn: No
  • Year Built: 1981
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8283494600
  • NAV27_AllowsVacationRentalYN: Yes
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Appliances: Electric Water Heater, Dishwasher, Microwave, Electric Oven/Range, Refrigerator
  • Other Equipment: Generator
  • Has Basement: Partial, Finished, Heated, Workshop, Exterior Entry, Interior Entry, Finished Bath
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Doors-Insulated
  • Fireplace Features: Basement, Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Luxury Vinyl Plank
  • Interior Amenities: Bonus Room, Ceiling Fan(s), Kitchen Island, Kitchen/Dining Room, Main Level Living, Primary w/Ensuite, Primary on Main Level, Open Floorplan, Pantry, Split Bedroom, Workshop
  • Main Level Bathrooms: 2
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: Basement
  • Room Bedroom4 Area: 261.25
  • Room Bedroom4 Level: First
  • Living Room Living Room Level: First
  • Room Family Room Level: Basement
  • Room Bedroom3 Area: 140.8333
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 132.9167
  • Room Living Room Area: 241.3333
  • Room Bedroom3 Level: First
  • Room Kitchen Area: 114.5833
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 10.4167
  • Room Master Bedroom Area: 148.4375
  • Room Dining Room Area: 80.4861
  • Room Family Room Area: 261.25

Exterior Features

  • Fencing: Fenced Yard
  • Lot Features: Open Lot, Rolling
  • View: View Year Round
  • View: Yes
  • Home Warranty: No
  • Construction Type: Composition Siding
  • Other Structures: Storage Building/Shed
  • Patio And Porch Features: Deck
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: Carport-Double Detached

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 51400.8
  • Parcel #: 7505482810

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 866.67
  • Tax Book Number: F-38

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
Evan Klatt
Re/Max Elite Realty
List Price
$350,000
Sold Price
$308,000
Premium/Discount to List
-$42,000
-12%
Views
23
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
$6,169
Avg. Annual Appreciation
1.80%
Original Mortgage
$292,600
Outstanding Balance
$289,552
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$24,617

Purchase Details

Listed on
Aug 27, 2017
Closed on
Oct 3, 2017
Sold by
Droze Elizabeth A
Bought by
Shives Shirley Stephen B and Shives Shirley Lindsey M
Seller's Agent
Kathy Clifton
Bald Head Realty
Buyer's Agent
Nancy Van Bergen
Bald Head Realty
List Price
$184,500
Sold Price
$184,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%
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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $308,000 -5.2% $214 / Sq Ft
06/22/2024 06/22/24 Pending -- -- --
06/19/2024 06/19/24 Price Changed $324,900 -4.2% $226 / Sq Ft
06/17/2024 06/17/24 Price Changed $339,000 -3.1% $235 / Sq Ft
06/11/2024 06/11/24 For Sale $350,000 +89.7% $243 / Sq Ft
10/06/2017 10/06/17 Sold $184,500 0.0% $128 / Sq Ft
09/06/2017 09/06/17 Pending -- -- --
08/29/2017 08/29/17 For Sale $184,500 -- $128 / 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 -- $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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26036942

APN: 7505482810