NOT LISTED FOR SALE

31 Gibson Cove Rd Franklin, NC 28734

Estimated Value: $447,000 - $696,000

3 Beds
4 Baths
2,800 Sq Ft
$214/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $370,000 $132 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,606/month

26 Days on Market

Highlights

  • Open Floorplan
  • Recreation Room
  • Main Floor Primary Bedroom
  • Deck
  • Wood Flooring
  • Workshop

About This Home

As of October 2020

Great family home - Freshly painted, updated decks, open floor plan, LOTS of closets and storage space PLUS a bonus room. A wonderful yard with a play area for kids, a great porch and the deck is directly off the dining room thru the sliding glass doors. A breakfast bar / island in the kitchen with the Open Floor Plan - perfect for breakfast with the kids or entertaining friends. The master bedroom has an en-suite bath, beautiful trey ceiling and large walk-in closet. Downstairs is a nice size BONUS ROOM with full bath - great for kids play area/ craft room/ office area/ workout room ...A must see!

Last Agent to Sell the Property

Becky Ramey

RE/MAX Elite Realty Brokerage Phone: 8283494600 License #244928 Listed on: 08/06/2020

RE/MAX Elite Realty

Last Buyer's Agent

Becky Ramey

RE/MAX Elite Realty Brokerage Phone: 8283494600 License #244928 Listed on: 08/06/2020

RE/MAX Elite Realty

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $1,234

Year Built

  • Built in 2008

Lot Details

  • 1.02 Acre Lot
  • Level Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Attached Carport Spaces
  • Basement Garage
  • Open Parking

Home Design

  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Insulated Windows
  • Living Area on First Floor
  • Recreation Room
  • Bonus Room
  • Laundry on main level

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Soaking Tub

Finished Basement

  • Heated Basement
  • Partial Basement
  • Interior and Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Workshop
  • Finished Basement Bathroom
  • Crawl Space

Outdoor Features

  • Deck
  • Terrace
  • Outdoor Storage
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Gibson Cove Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6574664486

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$1,234

Year Built

Built in 2008

Lot Details

0

HOA Fees

$8 per month

Parking

1

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.02
  • Road Frontage Type: Property Owners' Assoc
  • Road Surface Type: Paved
  • Ownership: More than One Year
  • Subdivision Name: Gibson Cove Estates
  • Directions: Old Murphy Road to RIGHT on GIBSON COVE ROAD to LEFT on GIBSON COVE ESTATE ROAD to #31
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • Structure Type: Off Frame Modular
  • Year Built: 2008
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8283494600
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Refrigerator, Microwave, Electric Oven/Range
  • Has Basement: Partial, Recreation/Game Room, Crawl Space, Workshop, Lower/Terrace, Finished, Exterior Entry, Finished Bath, Heated, Interior Entry
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Combination, Hardwood
  • Interior Amenities: Bonus Room, Large Master Bedroom, Breakfast Bar, Living/Dining Room, Kitchen Island, Main Level Living, Open Floorplan, Kitchen/Dining Room, Primary w/Ensuite, Soaking Tub, Primary on Main Level, Rec/Game Room, Walk-In Closet(s)
  • Living Area: 2800
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 246.48
  • Master Bedroom Master Bedroom Level: First
  • Room Office Level: Second
  • Room Office Area: 219.96
  • Room Bedroom2 Area: 169
  • Room Living Room Area: 275.5
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 178.5
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 13
  • Room Master Bedroom Area: 214.5
  • Room Dining Room Area: 147

Exterior Features

  • Lot Features: Level Yard, Rolling
  • View: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Other Structures: Storage Building/Shed
  • Patio And Porch Features: Porch, Deck
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: First Level
  • Cooling: Central Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Public
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 44431.2
  • Parcel #: 6574664486
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1233.62
  • Tax Book Number: Q-31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Oct 2, 2020
Sold by
Brooks Joshua Keith and Brooks Mary Rebekah
Bought by
Stamey William Derek and Stamey Kimberly Marie
Seller's Agent
Becky Ramey
RE/MAX Elite Realty
Buyer's Agent
Becky Ramey
RE/MAX Elite Realty
List Price
$370,000
Sold Price
$370,000
Current Estimated Value
$630,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,684
Avg. Annual Appreciation
11.88%
Original Mortgage
$296,000
Outstanding Balance
$265,645
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$372,850

Purchase Details

Closed on
Aug 14, 2007
Sold by
Brooks Jay
Bought by
Brooks Joshua Keith

Purchase Details

Closed on
Mar 13, 2007
Sold by
Vanhook Ben
Bought by
Brooks Josh and Brooks Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,350
Interest Rate
6.19%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 1, 2007
Sold by
Rice William Merritt and Rice Tracy Kim
Bought by
Vanhook Benjamin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,350
Interest Rate
6.19%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 30, 2006
Sold by
Anders Tim and Anders Amy V
Bought by
Rice William Merritt and Rice Tracy Kim

Purchase Details

Closed on
May 26, 2006
Sold by
Anders Tim and Anders Amy V
Bought by
Rice Willai Mmerritt and Rice Tracey Kim
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
Stamey William Derek $370,000 None Available
Brooks Joshua Keith -- None Available
Brooks Josh $45,000 None Available
Vanhook Benjamin E $41,500 None Available
Rice William Merritt -- None Available
Rice Willai Mmerritt $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stamey William Derek $296,000
Previous Owner Vanhook Benjamin E $37,350
Previous Owner Vanhook Benjamin E $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $370,000 0.0% $132 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $370,000 -- $132 / 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 $1,736 $475,370 $46,720 $428,650
2023 $1,472 $475,470 $46,720 $428,750
2022 $1,472 $290,150 $29,080 $261,070
2021 $1,427 $290,150 $29,080 $261,070
2020 $1,247 $265,290 $29,080 $236,210
2018 $1,115 $252,670 $22,220 $230,450
2017 $1,115 $252,670 $22,220 $230,450
2016 $1,089 $252,670 $22,220 $230,450
2015 $1,066 $252,670 $22,220 $230,450
2014 $880 $261,640 $42,840 $218,800
2013 -- $261,640 $42,840 $218,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26016564

APN: 6574664486