$480,300
SOLD FEB 26, 2025

2964 Old Murphy Rd Franklin, NC 28734

3 Beds
3 Baths
1,632 Sq Ft
3.5 Acres

Recently Sold

$294 Per Sq Ft

1% Below List Price

38 Days on Market

Highlights

  • RV Access or Parking
  • Chalet
  • Wood Burning Stove
  • 3.5 Acre Lot
  • Deck
  • Hilly Lot

About This Home

As of February 2025

This rare 3.5-acre property, just minutes from town, offers unrestricted use, a mountain stream, and approximately 1 acre of pasture. Features include a powered workshop, vintage potting shed, RV pad with power hookup, and a charming paved driveway leading to a private home nestled in the woods. Inside, the living room boasts a vaulted tongue-and-groove ceiling and wood stove. The upper loft serves as flexible space, while the lower level includes a full one-bedroom apartment. The oversized two-car garage offers storage, a workbench, and laundry facilities.

Last Agent to Sell the Property

Ryan Cote

Vignette Realty, LLC Brokerage Phone: 8284596025 License #344631 Listed on: 12/09/2024

Last Buyer's Agent

Stacy Hyatt

Appalachian Real Estate License #255634

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,308

Year Built

  • Built in 1974

Lot Details

  • 3.5 Acre Lot
  • Home fronts a stream
  • Property fronts a state road
  • Hilly Lot
  • Partially Wooded Lot

Parking

  • 1 Car Detached Garage
  • 1 Detached Carport Space
  • Basement Garage
  • Open Parking
  • RV Access or Parking

Home Design

  • Chalet
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Cathedral Ceiling
  • Fireplace
  • Wood Burning Stove
  • Formal Dining Room
  • Open Floorplan
  • Screened Porch

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Laundry in Basement

Outdoor Features

  • Deck
  • Outdoor Storage
  • Outbuilding

Farming

  • Pasture

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Wood
  • Mini Split Heat Pump
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6574658445

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,308

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 3.5
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Ownership: More than One Year
  • Directions: From downtown Franklin, head West on E Main St toward Phillips St. Continue straight onto W Main St. Slight right onto W Palmer St. Continue onto Old Murphy Rd, property will be on the left. Signs in place.
  • Architectural Style: Chalet
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Year Built: 1974
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8284596025
  • NAV27_AllowsVacationRentalYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Microwave, Electric Oven/Range, Refrigerator, Washer, Dryer
  • Has Basement: Full, Finished, Heated, Recreation/Game Room, Exterior Entry, Interior Entry, Washer/Dryer Hook-up, Finished Bath
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Other Doors (See Remarks)
  • Fireplace Features: Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Combination
  • Interior Amenities: Cathedral/Vaulted Ceiling, Formal Dining Room, In-law Quarters, Kitchen/Dining Room, Living/Dining Room, Primary w/Ensuite, In-Law Floorplan
  • Window Features: Other Windows (See Remarks)
  • Room Bedroom2 Level: First
  • Room Family Room Level: Basement
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: Basement

Exterior Features

  • Lot Features: Allow RVs, Hilly/Steep, Pasture, Unrestricted
  • View: No
  • Waterfront Features: Stream/Creek
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Other Structures: Outbuilding/Workshop, Storage Building/Shed
  • Patio And Porch Features: Deck, Porch, Screened Porch/Deck
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1
  • Covered Parking Spaces: 3
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Garage-Double in Basement, Carport-Single Detached, Paved Driveway

Utilities

  • Laundry Features: In Basement
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Wood, Mini-Split
  • 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: 152460
  • Parcel #: 6574658445

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1307.7
  • Tax Book Number: F-39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2024
Closed on
Feb 18, 2025
Sold by
Cervantes Henry and Cervantes Caroline A
Bought by
Richards Lee and Smith Barbara
Seller's Agent
Ryan Cote
Vignette Realty, LLC
Buyer's Agent
Stacy Hyatt
Appalachian Real Estate
List Price
$485,000
Sold Price
$480,300
Premium/Discount to List
-$4,700
-0.97%
Views
75
Current Estimated Value
$540,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,049
Avg. Annual Appreciation
20.93%
Original Mortgage
$336,210
Outstanding Balance
$334,262
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$206,087

Purchase Details

Listed on
Apr 19, 2019
Closed on
Jun 10, 2019
Sold by
Byrd Ross Richard H and Byrd Ross Nancy
Bought by
Cervantes Henry and Cervantes Caroline A
Seller's Agent
Kathy Clifton
Bald Head Realty
Buyer's Agent
Nancy Van Bergen
Bald Head Realty
List Price
$245,032
Sold Price
$245,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.49%

Purchase Details

Closed on
Nov 2, 1993
Sold by
Yuzzi Nicholas and Yuzzi Jean
Bought by
Ross Richard H
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 Type Sale Price Title Company
Warranty Deed $480,500 None Listed On Document
Warranty Deed $480,500 None Listed On Document
Warranty Deed $245,500 None Available
Deed $145,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $336,210 New Conventional
Closed $336,210 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2025 02/26/25 Sold $480,300 -1.0% $294 / Sq Ft
01/16/2025 01/16/25 Pending -- -- --
12/09/2024 12/09/24 For Sale $485,000 +97.9% $297 / Sq Ft
06/10/2019 06/10/19 Sold $245,032 0.0% $150 / Sq Ft View Prior Sale
05/11/2019 05/11/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $245,032 -- $150 / 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 $1,078 $281,220 $70,550 $210,670
2024 $1,078 $276,670 $66,000 $210,670
2023 $1,016 $276,670 $66,000 $210,670
2022 $952 $174,560 $37,500 $137,060
2021 $925 $179,660 $37,500 $142,160
2020 $879 $179,660 $37,500 $142,160
2018 $802 $175,320 $37,500 $137,820
2017 $802 $175,320 $37,500 $137,820
2016 $785 $175,320 $37,500 $137,820
2015 $762 $175,320 $37,500 $137,820
2014 $717 $208,780 $54,000 $154,780
2013 -- $208,780 $54,000 $154,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26039451

APN: 6574658445