NOT LISTED FOR SALE

316 Mimosa Dr Franklin, NC 28734

Estimated Value: $382,365 - $515,000

4 Beds
4 Baths
900 Sq Ft
$492/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $164,000 $182 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $2,379/month

64 Days on Market

Highlights

  • Cape Cod Architecture
  • Partially Wooded Lot
  • Living Area on First Floor
  • Wood Burning Stove
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of May 2016

Lots of space for a large family in this 4 Bedroom, 4 Bath home with an In-Town location. This is a well maintained & ready to move into home on 1.09 acres. For the cook of the family, there's a big eat-in kitchen plus there's also a formal dining room for entertaining & celebrating holidays. Master suite is conveniently located on the main floor & there are 3 addtl bedrooms upstairs along with 2 baths. Gather the family in the living room or there's a family room off the kitchen. A wonderful screened porch runs the length of the house & overlooks the fenced yard with its mature landscaping & walkways, and one walkway leads to the workshop/storage building. Home has central heat & air, but there's also a gas log fireplace & a wood stove to supplement heating in winter. Owners recently repaved the drive & parking area, plus there's paved city street access to the home. Home has great appeal upon approach with its front yard flowers and trees in the front yard.

Last Agent to Sell the Property

Becky Ramey

Re/Max Elite Realty Brokerage Phone: 8283494600 License #244928 Listed on: 02/15/2016

Re/Max Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,143

Year Built

  • Built in 1968

Lot Details

  • 1.09 Acre Lot
  • Fenced Yard
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Stove
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Living Area on First Floor
  • Formal Dining Room
  • Workshop
  • Crawl Space
  • Partial Storm Protection
  • Laundry on main level

Kitchen

  • Country Kitchen
  • Electric Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Window Unit Cooling System
  • Central Air
  • Heat Pump System
  • Radiant Heating System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6584778882

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,143

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.09
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Ownership: More than One Year
  • Directions: West Palmer Street to Left onto Mimosa Drive, then go to the end of the road, turn Left, continue to top of hill at #316 & LO sign.
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1968
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8283494600
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Dishwasher, Exhaust Fan, Electric Oven/Range, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: Doors-Storm Part
  • Fireplace Features: Gas Log, Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Large Master Bedroom, Workshop, Country Kitchen, Formal Dining Room, Primary on Main Level, Main Level Living
  • Window Features: Insulated Windows, Window Treatments
  • Room Bedroom2 Level: Second
  • Room Bedroom4 Area: 141.45
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Room Family Room Level: First
  • Room Bedroom3 Area: 208.44
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 228
  • Room Living Room Area: 234
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 250.56
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 10.7
  • Room Master Bedroom Area: 246.1
  • Room Dining Room Area: 162.72
  • Room Family Room Area: 263.68

Exterior Features

  • Fencing: Fenced Yard
  • View: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Brick
  • Other Structures: Storage Building/Shed
  • Patio And Porch Features: Porch
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage-Double Attached

Utilities

  • Laundry Features: First Level
  • Cooling: Central Electric, Heat Pump, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump, Radiant
  • 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: 47480.4
  • Parcel #: 6584778882
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2142.68
  • Tax Book Number: B-11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2016
Closed on
May 20, 2016
Sold by
Betsy R Jenkins Bird
Bought by
Deas Howard and Deas Edana
Seller's Agent
Becky Ramey
Re/Max Elite Realty
List Price
$164,000
Sold Price
$164,000
Current Estimated Value
$420,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,670
Avg. Annual Appreciation
11.18%
Original Mortgage
$171,208
Outstanding Balance
$138,182
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$297,973
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
Deas Howard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deas Edana $80,000
Open Deas Howard Ward $171,208
Closed Deas Howard $171,208
Closed Deas Howard --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2016 05/20/16 Sold $164,000 0.0% $182 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $164,000 -- $182 / 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 $916 $234,110 $53,410 $180,700
2023 $911 $234,110 $53,410 $180,700
2022 $911 $170,860 $42,730 $128,130
2021 $885 $170,860 $42,730 $128,130
2020 $841 $170,860 $42,730 $128,130
2018 $814 $178,220 $42,730 $135,490
2017 $814 $178,220 $42,730 $135,490
2016 $1,305 $178,220 $42,730 $135,490
2015 $1,282 $307,450 $42,730 $264,720
2014 $1,155 $350,450 $43,160 $307,290
2013 -- $350,450 $43,160 $307,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26000906

APN: 6584778882