NOT LISTED FOR SALE

294 Lake Rd Franklin, NC 28734

Estimated Value: $260,000 - $293,797

2 Beds
1 Bath
780 Sq Ft
$350/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $89,000 $114 Per Sq Ft

Est. 247% increase in value since last sale

Current estimated payment $1,681/month

7 Days on Market

Highlights

  • Hilly Lot
  • Partially Wooded Lot
  • No HOA
  • Private Lot
  • Ranch Style House
  • Fireplace

About This Home

As of December 2022

Handy-man special! Come check out this 2BD/1BA cottage located in the beautiful Clarks Chapel community. Situated on 1.06 acres of land with plenty of room for projects or gardening. Unique inverted butterfly style roof, large porch, concrete drive, and a new well in 2012. Living room features two large picture windows to take in the mountain scenery and wildlife. High-speed cable internet available from Optimum. If you're willing to roll up your sleeves, this one has tons of potential! Home is being SOLD AS-IS, cash buyers only.

Last Agent to Sell the Property

Michael Mashburn

RE/MAX Elite Realty Brokerage Phone: 8283494600 License #329110 Listed on: 11/10/2022

RE/MAX Elite Realty

Last Buyer's Agent

Samantha Stauch

RE/MAX Elite Realty License #325020

RE/MAX Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $404

Year Built

  • Built in 1970

Lot Details

  • 1.06 Acre Lot
  • Private Lot
  • Level Lot
  • Hilly Lot
  • Partially Wooded Lot

Parking

  • No Garage

Home Design

  • Ranch Style House
  • Cottage

Interior Spaces

  • 780 Sq Ft Home
  • Fireplace
  • Crawl Space
  • No Kitchen Appliances
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating Available
  • Well
  • No Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Clarks Chapel Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6592675039

Home Details

Home Type

Single Family

Est. Annual Taxes

$404

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.06
  • Road Frontage Type: None, Other
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Subdivision Name: Clarks Chapel
  • Directions: Head west on W Main St. Go 272 ft. Turn left on Porter St (US-441-BR). Go 0.4 mi. Turn left onto Wayah St. Go 0.6 mi. Continue on Wells Grove Rd. Go 1.1 mi. Turn right on Clarks Chapel Rd. Go 2.5 mi. Turn left on Fulcher Rd. Go 0.2 mi. Turn right on Fulcher Rd. Go 0.6 mi. Turn left on Ammons Rd. Go 509 ft. Continue on Ammons Rd. Go 318 ft. Turn right onto Lake Rd. Go for 0.3 mi. House on Left.
  • Architectural Style: Ranch/Single, Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1970
  • NAV27_rets_property_type: Residential
  • NAV27_AllowsVacationRentalYN: No
  • Special Features: None

Interior Features

  • Appliances: No Water Heater, None
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Other Doors (See Remarks)
  • Fireplace Features: Other
  • Fireplace: Yes
  • Flooring: Other-See Remarks
  • Living Area: 780
  • Window Features: Other Windows (See Remarks)
  • Room Bedroom2 Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 99
  • Master Bedroom Master Bedroom Width: 10.5
  • Room Master Bedroom Area: 152.25

Exterior Features

  • Lot Features: Private, Hilly/Steep, Level, Level Yard, Rolling, Wooded
  • View: Short Range View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Other
  • Exterior Features: None
  • Roof: Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Well
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 46173.6
  • Parcel #: 6592675039
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 404.19
  • Tax Book Number: E-41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2022
Closed on
Dec 13, 2022
Sold by
Living Trust
Bought by
Martinez Sofia and Dominguez Pablo
Seller's Agent
Michael Mashburn
RE/MAX Elite Realty
Buyer's Agent
Samantha Stauch
RE/MAX Elite Realty
List Price
$89,900
Sold Price
$89,000
Premium/Discount to List
-$900
-1%
Current Estimated Value
$308,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,800
Avg. Annual Appreciation
43.42%

Purchase Details

Closed on
Aug 18, 2021
Sold by
Richco Inc
Bought by
Williams Maureen Kearns and Living Trust Of Maureen Kearns
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Martinez Sofia $89,000 --
Martinez Sofia $89,000 None Listed On Document
Williams Maureen Kearns -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2022 12/16/22 Sold $89,000 -1.0% $114 / Sq Ft
11/18/2022 11/18/22 Pending -- -- --
11/10/2022 11/10/22 For Sale $89,900 -- $115 / 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 $932 $250,700 $34,920 $215,780
2024 $406 $88,390 $34,920 $53,470
2023 $404 $88,390 $34,920 $53,470
2022 $404 $61,680 $19,740 $41,940
2021 $404 $61,680 $19,740 $41,940
2020 $389 $61,680 $19,740 $41,940
2018 $404 $72,570 $23,370 $49,200
2017 $404 $72,570 $23,370 $49,200
2016 $404 $72,570 $23,370 $49,200
2015 $381 $72,570 $23,370 $49,200
2014 $370 $89,220 $29,910 $59,310
2013 -- $89,220 $29,910 $59,310
Source: Public Records

Agents Affiliated with this Home

  • Michael Mashburn

    Seller's Agent in 2022

    Michael Mashburn

    RE/MAX

    6 in this area

    6 Total Sales

    Michael Mashburn
    Section Image
  • Samantha Stauch

    Buyer's Agent in 2022

    Samantha Stauch

    RE/MAX

    (828) 634-6319

    78 in this area

    93 Total Sales

    Samantha Stauch
    Section Image
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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26029052

APN: 6592675039

North Carolina Macon County Franklin 28734

294 Lake Rd, Franklin, NC

Not Listed for Sale

Detached

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