NOT LISTED FOR SALE

286 Lyle Downs Rd Franklin, NC 28734

Estimated Value: $184,000 - $236,000

1 Bed
2 Baths
-- Sq Ft
2.18 Acres

Last Sold March 16, 2022

Last sale price $144,000

Est. 47% increase in value since last sale

Current estimated payment $1,179/month

100 Days on Market

Highlights

  • Horses Allowed On Property
  • 2.18 Acre Lot
  • Main Floor Primary Bedroom
  • RV Access or Parking
  • Partially Wooded Lot
  • Living Area on First Floor

About This Home

As of March 2022

This property consist of two small cabins. The Main cabin has a Kitchen, Living Room and Dining area and a full bath and a laundry Room and covered porch. The second one is a bunk house with a sleeping area big enough for two beds and a full bath and laundry room. The 2.18 acres are entirely fenced in and has a gate that locks when you can't be home. The main cabin has a gas fireplace and the bunk house has electric baseboard heat. Both cabins have window unit a/c. The property lays well and the owners are in the process of having it mowed and some trees removed to return it to a more usable setting. Some furnishings can convey. This would make a fine compound and there is plenty of room for more housing. Propane tank is leased thru Amerigas.

Last Agent to Sell the Property

Mike Potts

Keller Williams Great Smokies - Sylva Brokerage Phone: 8285864616 License #249717 Listed on: 10/04/2021

Keller Williams Great Smokies - Sylva

Last Buyer's Agent

Susan Combs

Re/Max Elite Realty License #208972

Re/Max Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $428

Year Built

  • Built in 1977

Lot Details

  • 2.18 Acre Lot
  • Property fronts a state road
  • Open Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Home Design

  • Cottage
  • Cabin
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Furnished or left unfurnished upon request
  • Gas Log Fireplace
  • Window Screens
  • Living Area on First Floor
  • Laminate Flooring
  • Crawl Space
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • RV Access or Parking

Outdoor Features

  • Outbuilding
  • Porch

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Window Unit Cooling System
  • Heating System Uses Propane
  • Heating System Powered By Owned Propane
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6587415153

Home Details

Home Type

Single Family

Est. Annual Taxes

$428

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 2.18
  • Road Frontage Type: State Road, None
  • Ownership: More than One Year
  • Directions: Take Sanderstown Road to left on Hwy 28 to right on Bennett Road to Right on Rose Creek Road to Left on Lyle Downs Road to #286 on left.
  • Architectural Style: Cottage, Cabin
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1977
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8285864616
  • Special Features: None

Interior Features

  • Furnished: Negotiable
  • Appliances: Electric Water Heater, Refrigerator, Dryer, Washer, Electric Oven/Range
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Living/Dining Room, Main Level Living, Primary on Main Level
  • Window Features: Screens
  • Master Bedroom Master Bedroom Level: First
  • Room Living Room Area: 149.9583
  • Room Kitchen Area: 131.2917
  • Master Bedroom Master Bedroom Width: 11
  • Room Master Bedroom Area: 176

Exterior Features

  • Lot Features: Open Lot, Suitable for Horses, Allow RVs, Rolling, Unrestricted
  • View: No
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Other Structures: Outbuilding/Workshop
  • Patio And Porch Features: Porch
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Propane, Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Gas Company: Propane Tank: Owned

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 94960.8
  • Parcel #: 6587415153
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 427.58
  • Tax Book Number: G-38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2021
Closed on
Mar 4, 2022
Sold by
Allen and Lori
Bought by
Glass Teena L
Seller's Agent
Mike Potts
Keller Williams Great Smokies - Sylva
Buyer's Agent
Susan Combs
Re/Max Elite Realty
List Price
$144,000
Sold Price
$144,000
Current Estimated Value
$212,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,396
Avg. Annual Appreciation
11.47%
Original Mortgage
$145,454
Outstanding Balance
$135,654
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$76,742

Purchase Details

Listed on
Aug 7, 2017
Closed on
Oct 30, 2017
Sold by
Doyle Michael W
Bought by
Allen Jonathan and Allen Lori
Seller's Agent
Kathy Clifton
Bald Head Realty
Buyer's Agent
Mike Potts
Keller Williams Great Smokies - Sylva
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.06%

Purchase Details

Closed on
Jul 9, 2013
Sold by
Greene Eva P and Greene Carl P
Bought by
Doyle Michael W and Evan P Greene Revocable 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
Glass Teena L $144,000 None Listed On Document
Allen Jonathan $75,000 None Available
Doyle Michael W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glass Teena L $145,454
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2022 03/16/22 Sold $144,000 0.0% --
01/13/2022 01/13/22 Pending -- -- --
10/04/2021 10/04/21 For Sale $144,000 +92.0% --
10/31/2017 10/31/17 Sold $75,000 0.0% -- View Prior Sale
10/01/2017 10/01/17 Pending -- -- --
08/10/2017 08/10/17 For Sale $75,000 -- --
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 $632 $122,880 $57,060 $65,820
2024 $632 $122,880 $57,060 $65,820
2023 $458 $122,880 $57,060 $65,820
2022 $458 $69,160 $32,260 $36,900
2021 $446 $74,460 $32,260 $42,200
2020 $428 $74,460 $32,260 $42,200
2018 $385 $71,830 $32,260 $39,570
2017 $0 $71,830 $32,260 $39,570
2016 $378 $71,830 $32,260 $39,570
2015 $355 $71,830 $32,260 $39,570
2014 $299 $73,610 $36,450 $37,160
2013 -- $73,610 $36,450 $37,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26021196

APN: 6587415153