NOT LISTED FOR SALE

298 Iotla St Franklin, NC 28734

Estimated Value: $294,000 - $463,000

5 Beds
3 Baths
2,072 Sq Ft
$180/Sq Ft Est. Value

Last Sold November 21, 2016

Last sale price $120,750 $58 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $2,117/month

533 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Great Room
  • Recreation Room
  • Main Floor Primary Bedroom
  • Living Area on First Floor

About This Home

As of November 2016

Short Sale! (Price is subject to bank approval.) (All bids will be submitted to www.Xome.com)This charming home is 145 years old w/many updates & right in the heart of Franklin w/walking distance to hospital,shopping & restaurants.The massive oak tree that shades the street & home has to be 250 years old.The large rms,formal areas w/two fireplaces,apartment,workshop,basement storage is room enough for extended family or could be income producing property.The ceilings are 10Ft.tall & hardwood floors are through out main level.Perfect to raise a large family or convenient for professional office space.It is a dream come true if you like the charm of homes that could tell many stories.

Last Agent to Sell the Property

Evelyn Owens

Keller Williams Realty Of Franklin Brokerage Phone: 8285240100 License #228116 Listed on: 05/07/2015

Keller Williams Realty Of Franklin

Last Buyer's Agent

Board Member Non

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,260

Year Built

  • Built in 1870

Lot Details

  • 0.26 Acre Lot
  • Level Lot
  • Open Lot
  • Historic Home

Home Design

  • Shingle Roof
  • Composition Roof
  • Asbestos

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Brick Fireplace
  • Great Room
  • Living Area on First Floor
  • Formal Dining Room
  • Recreation Room
  • Workshop

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer

Basement

  • Partial Basement
  • Exterior Basement Entry

Parking

  • 2 Car Detached Garage
  • 2 Detached Carport Spaces
  • Limited Parking

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Wood
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6595017487

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,260

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Ownership: More than One Year
  • Directions: From the middle of town, turn right at the court house, pass the First Baptist church and continue on Iotla St. to the yellow house on the left.
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Structure Type: Historical
  • Year Built: 1870
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8285240100
  • Special Features: 12

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Dishwasher, Electric Oven/Range, Refrigerator, Washer
  • Has Basement: Partial, Exterior Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: Other Doors (See Remarks)
  • Fireplace Features: Wood Burning, Brick
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Hardwood, Ceramic Tile
  • Interior Amenities: Split Bedroom, Large Master Bedroom, Walk-In Closet(s), Workshop, Rec/Game Room, Great Room, Formal Dining Room, Kitchen Island, Pantry, Primary on Main Level, Main Level Living, Ceiling Fan(s)
  • Main Level Bathrooms: 2
  • Window Features: Other Windows (See Remarks)
  • Room Bedroom2 Level: First
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Room Family Room Level: First
  • Room Bedroom3 Area: 174.8
  • Master Bedroom Master Bedroom Level: First
  • Room Office Level: Second
  • Room Bedroom2 Area: 153.52
  • Room Living Room Area: 235.75
  • Room Bedroom3 Level: First
  • Room Kitchen Area: 171.6
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 12.8
  • Room Master Bedroom Area: 198.4
  • Room Dining Room Area: 190
  • Room Family Room Area: 297

Exterior Features

  • Lot Features: Level, Open Lot
  • View: No
  • Home Warranty: No
  • Construction Type: Asbestos
  • Other Structures: Apartment Studio
  • Patio And Porch Features: Deck
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: First Level
  • Cooling: Central Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Wood, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 11325.6
  • Parcel #: 6595017487
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1259.52
  • Tax Book Number: N-21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2015
Closed on
Nov 18, 2016
Sold by
Saporito Donna M and Lyle Charles H
Bought by
Powell Keith
Seller's Agent
Evelyn Owens
Keller Williams Realty Of Franklin
Buyer's Agent
Board Member Non
List Price
$120,750
Sold Price
$120,750
Current Estimated Value
$372,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,650
Avg. Annual Appreciation
13.82%
Original Mortgage
$114,712
Outstanding Balance
$96,095
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$278,114

Purchase Details

Closed on
Jun 5, 2013
Sold by
Franklin Cemetery Assn
Bought by
Saportio Donna

Purchase Details

Closed on
Aug 16, 1996
Sold by
Miller David and Mary Lou
Bought by
Saporito Russel S
Source: Public Records

Range of Values:

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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
Powell Keith $121,000 Attorney
Saportio Donna $1,500 None Available
Saporito Russel S $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Keith $114,712
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2016 11/21/16 Sold $120,750 0.0% $58 / Sq Ft
10/22/2016 10/22/16 Pending -- -- --
05/07/2015 05/07/15 For Sale $120,750 -- $58 / 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 $1,050 $266,190 $42,120 $224,070
2023 $918 $266,190 $42,120 $224,070
2022 $918 $167,690 $39,870 $127,820
2021 $891 $172,290 $39,870 $132,420
2020 $847 $172,290 $39,870 $132,420
2018 $806 $176,320 $37,050 $139,270
2017 $806 $176,320 $37,050 $139,270
2016 $789 $176,320 $37,050 $139,270
2015 $766 $176,320 $37,050 $139,270
2014 $560 $158,060 $30,260 $127,800
2013 -- $158,060 $30,260 $127,800
Source: Public Records

Agents Affiliated with this Home

  • Evelyn Owens

    Seller's Agent in 2016

    Evelyn Owens

    Keller Williams Realty Of Franklin

    (828) 332-0088

    132 in this area

    167 Total Sales

    Section Image

  • B

    Buyer's Agent in 2016

    Board Member Non

See All Agents

Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 55641

APN: 6595017487

North Carolina Macon County Franklin 28734

298 Iotla St, Franklin, NC

This home is located at 298 Iotla St, Franklin, NC 28734 since 07 May 2015 and is currently estimated at $372,400, approximately $179 per square foot. This property was built in 1870. 298 Iotla St is a home located in Macon County with nearby schools including Iotla Valley Elementary School, Mountain View Intermediate School, and Macon Middle School.

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