NOT LISTED FOR SALE

356 Main St Franklin, NC 28734

Estimated Value: $7,605,208

-- Bed
-- Bath
17,000 Sq Ft
$447/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $5,500,000 $324 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $41,694/month

Highlights

  • Central Air
  • Level Lot
  • 2-minute walk to Highlands Recreation Office
  • High Speed Internet
  • Heat Pump System

About This Home

As of December 2021

FIRST time offered...Scudders Galleries and Auction House! Fabulous Main Street frontage in the heart of downtown Highlands! Large showrooms for retail, 3 apartments, loading dock, offices. storage and upper decks for overlooking Main Street! The possibilities are endless and the owner is offering 50% owner financing! This is a rare opportunity...own part of Highlands with the BEST exposure and location. There is a lease in place for a jewelry store that is separate from the main building. Square footage is 9300 according to the county..

Last Agent to Sell the Property

Julie Osborn

Allen Tate Realty License #326523 Listed on: 11/23/2019

Last Buyer's Agent

Pat Allen

Pat Allen Realty Group Inc. License #285081

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $13,291

Year Built

  • Built in 1982

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • 17,000 Sq Ft Home
  • Brick Exterior Construction

Utilities

  • Central Air
  • Heat Pump System
  • High Speed Internet

Community Details

  • Scudder's Galleries Subdivision

Property Details

Property Type

Other

Est. Annual Taxes

$13,291

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1982
  • Financing Type: Cash
  • Lot Size Acres: 0.22
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Construction Materials: Brick
  • Lot Features: Level
  • Property Condition: Resale

Garage/Parking

  • Parking Features: On Street

Utilities

  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Utilities: Electricity Available, High Speed Internet, Sewer Available, Water Available
  • Water Source: Public

Lot Info

  • Zoning Description: Yes

Building Info

  • BuildingAreaTotal: 17000

Tax Info

  • Year: 2019
  • Tax Annual Amount: 13291.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2022
Sold by
Reed Mack Iii Edward and Reed Lynn
Bought by
Mack Main Street 356 Llc
Current Estimated Value
$7,605,208

Purchase Details

Listed on
Nov 23, 2019
Closed on
Dec 20, 2021
Sold by
Buckalew Marlene S and Buckalew Jeffrey Michael
Bought by
Mack Edward Reed
Seller's Agent
Julie Osborn
Allen Tate Realty
Buyer's Agent
Pat Allen
Pat Allen Realty Group Inc.
List Price
$5,700,000
Sold Price
$5,500,000
Premium/Discount to List
-$200,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.85%

Purchase Details

Listed on
Nov 23, 2019
Closed on
Oct 26, 2021
Sold by
Main Street Gallery Llc
Bought by
Scudder Todd S and Scudder Frank A
Seller's Agent
Julie Osborn
Allen Tate Realty
Buyer's Agent
Pat Allen
Pat Allen Realty Group Inc.
List Price
$5,700,000
Sold Price
$5,500,000
Premium/Discount to List
-$200,000
-3.51%

Purchase Details

Closed on
Apr 11, 2010
Sold by
Scudder Frank Asher
Bought by
Main Street Gallery Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mack Main Street 356 Llc -- Neumann Law Office Pllc
Mack Edward Reed $5,500,000 None Available
Scudder Todd S -- None Available
Main Street Gallery Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2021 12/20/21 Sold $5,500,000 -3.5% $324 / Sq Ft
11/23/2019 11/23/19 Pending -- -- --
11/23/2019 11/23/19 For Sale $5,700,000 -- $335 / Sq Ft
Source: Georgia MLS

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 $16,480 $4,560,170 $1,833,310 $2,726,860
2024 $13,355 $3,382,320 $1,833,310 $1,549,010
2023 $13,899 $4,416,490 $1,833,310 $2,583,180
2022 $13,899 $2,351,440 $1,371,100 $980,340
2021 $13,899 $2,351,440 $1,371,100 $980,340
2020 $13,304 $2,351,440 $1,371,100 $980,340
2018 $12,064 $2,285,120 $1,469,040 $816,080
2017 $0 $2,285,120 $1,469,040 $816,080
2016 $12,064 $2,285,120 $1,469,040 $816,080
2015 $12,047 $2,285,120 $1,469,040 $816,080
2014 $10,942 $2,480,380 $1,469,040 $1,011,340
2013 -- $2,480,380 $1,469,040 $1,011,340
Source: Public Records

Agents Affiliated with this Home

  • Julie Osborn

    Seller's Agent in 2021

    Julie Osborn

    Allen Tate Realty

    (828) 200-6165

    94 in this area

    138 Total Sales

    Julie Osborn
    Section Image

  • P

    Buyer's Agent in 2021

    Pat Allen

    Pat Allen Realty Group Inc.

    Section Image
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Map

Source: Georgia MLS

MLS Number: 8712846

Georgia MLS

APN: 7540400838

North Carolina Macon County Franklin 28734

356 Main St, Franklin, NC

This home is located at 356 Main St, Franklin, NC 28734 since 23 November 2019 and is currently estimated at $7,605,208, approximately $447 per square foot. This property was built in 1982. 356 Main St is a home located in Macon County with nearby schools including Highlands School, Macon Middle School, and Mountain View Intermediate School.

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