NOT LISTED FOR SALE

340 Frankie Ln Flat Rock, NC 28731

Estimated Value: $867,500

3 Beds
2.5 Baths
2,523 Sq Ft
$344/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $1,000,000 $396 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $5,450/month

830 Days on Market

Highlights

  • Creek On Lot
  • Wood Flooring
  • Fireplace
  • Wooded Lot
  • Separate Outdoor Workshop
  • Attached Garage

About This Home

As of March 2021

Summer camp on 20 acres featuring 2 Main Houses; Guest Cabin; 4 Camper Cabins; Bathhouse; Multi-purpose building with 4 Bay Garage; Large Covered Pavilion; multiple workshops/storage/equipment buildings. Swimming pond with water slide; paintball field; covered pistol range; trails with ropes course and challenge stations. Acres of gently rolling fields, some fenced and ideal for livestock, gardens or orchards. Property adjoins NC Game Lands and Green River Gorge Area. Successful history as operating summer camp. Ideal for a spiritual retreat, church camp, private camp, multi-family compound/homestead for sustainable living. Located just a few miles east of I-26 outside Flat Rock, it is very conveniently located, yet very private. Show by appointment only.

Last Agent to Sell the Property

John Haynes

Retreat Realty, Ltd. License #167245 Listed on: 09/10/2018

Retreat Realty, Ltd.

Last Buyer's Agent

Shannon Watkins

Howard Hanna Beverly-Hanks Asheville-Downtown License #268965

Howard Hanna Beverly-Hanks Asheville-Downtown

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • Home fronts a stream
  • Wooded Lot

Parking

  • Attached Garage
  • Gravel Driveway
  • Shared Driveway

Home Design

  • Cabin
  • Vinyl Siding

Interior Spaces

  • Fireplace

Flooring

  • Wood
  • Tile

Outdoor Features

  • Creek On Lot
  • Separate Outdoor Workshop
  • Shed

Farming

  • Fenced For Cattle

Listing and Financial Details

  • Assessor Parcel Number 9597-36-9738

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Architectural Style: Cabin
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.83403
  • Ratio Close Price By Original Li: 0.76929
  • Ratio Current Price By Acre: 50000.00
  • Ratio Current Price By Sq Ft: 396.35
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Basement Inside Entrance, Block
  • Upper Level Sq Ft: 438
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Refrigerator, Electric Oven
  • Fireplace Description: Great Room, Woodstove
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Laundry Location: Main
  • Room Count: 3
  • Second Living Quarters: Guest House
  • Second Living Quarters Hla: 2194
  • Main Level Sq Ft: 2085
  • Total Sq Ft: 2523

Exterior Features

  • Construction: Vinyl, Wood
  • Construction Type: Site Built
  • Exterior Features: Workshop, Fenced Pasture, Shed(s)

Garage/Parking

  • Driveway: Gravel, Shared
  • Parking: Attached Garage, Detached Garage, Garage - 2 Car, Garage - 4+ Car

Utilities

  • Heating: Heat Pump - AC
  • Sewer: Septic Tank
  • Water: Shared Well
  • Water Heater: Electric, Propane

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Mountain View, Adjoins Nat/State Forest, Long Range View, Lake, Stream/Creek, Wooded, Year Round View, Creekfront
  • Lot Size Area: 20.000
  • Parcel Number: 9597-36-9738
  • Zoning Specification: Res

Tax Info

  • Tax Value: 724600.00
  • Tax Location: FLATROCK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2018
Closed on
Mar 26, 2021
Sold by
Adcock Kenneth Lee and Adcock Beth G
Bought by
Lecker Raymond C and Lecker Shannon
Seller's Agent
John Haynes
Retreat Realty, Ltd.
Buyer's Agent
Shannon Watkins
Howard Hanna Beverly-Hanks Asheville-Downtown
List Price
$1,299,900
Sold Price
$1,000,000
Premium/Discount to List
-$299,900
-23.07%
Current Estimated Value
$867,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$132,500
Original Mortgage
$548,250
Outstanding Balance
$493,937
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2020
Sold by
Adcock Julia D and Adcock Kenneth Lee
Bought by
Adcock Kenneth Lee and Adcock Beth G

Purchase Details

Closed on
Oct 31, 2014
Sold by
Adcock Julia D
Bought by
Adcock Julia D
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
Lecker Raymond C $1,000 None Available
Lecker Raymond C $750,000 None Available
Adcock Kenneth Lee -- Chicago Title Insurance Co
Adcock Julia D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lecker Raymond C $548,250
Closed Lecker Raymond C $51,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $1,000,000 -16.6% $396 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
02/25/2020 02/25/20 Price Changed $1,199,000 -7.8% $475 / Sq Ft
09/10/2018 09/10/18 For Sale $1,299,900 -- $515 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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
2021 $3,710 $536,900 $210,400 $326,500
2020 $3,710 $536,900 $0 $0
2019 $3,710 $536,900 $0 $0
2018 $3,307 $482,800 $0 $0
2017 $3,307 $482,800 $0 $0
2016 $3,307 $482,800 $0 $0
2015 -- $482,800 $0 $0
2014 -- $456,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3433019

Canopy MLS (Canopy Realtor® Association)

APN: 9965200