NOT LISTED FOR SALE

3580 Olive Hill Rd Franklin, NC 28734

Franklin Area

Estimated Value: $472,011

2 Beds
2 Baths
1,488 Sq Ft
$317/Sq Ft Est. Value

Sale Details

Date Sold: June 1, 2023

Last sale price $462,000 $310 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,707 / mo

207 Days on Market

Highlights

  • Additional Residence on Property
  • Horses Allowed On Property
  • 22.4 Acre Lot
  • Barn
  • RV Access or Parking
  • Open Floorplan

About This Home

As of June 2023

Home and a guest house on 22+ acres with pastureland and a barn. The main home is large with plenty of living space with lots of windows for lots of light. The kitchen is well designed to cook your favorite meals with plenty of counter and cabinet space. It opens up into the living room with mountain views and a gas woodstove for those chilly evenings. On one side of the home is a large Sunroom for even more living space. On the other side of the home are the two bedrooms. A large Master en-suite with walk in closet and updated bathroom for complete privacy. The second bedroom is a bit smaller and shares another freshly updated bath with the rest of the home. The rear guest house has a below-grade workshop, outside deck, Kitchenette, living room/dining area, and full bathroom with granite vanity top. Paved road to the extra tall (RV/ motorhome height) carport. The unpaved road to the standing barn that accesses one pasture area. The second pasture area is border by a creek and has a established road that goes up the property to a camp site that could be an additional home site. Property boarders USFS Land and has a spring for an additional water source.

Last Agent to Sell the Property

John Evans

RE/MAX Elite Realty Brokerage Phone: 8283494600 License #280456 Listed on: 08/24/2022

RE/MAX Elite Realty

Last Buyer's Agent

Sheila Myers

Keller Williams Realty Of Franklin License #215471

Keller Williams Realty Of Franklin
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,319

Year Built

  • Built in 1970

Lot Details

  • 22.4 Acre Lot
  • Home fronts a stream
  • Property fronts a state road
  • Private Lot
  • Open Lot
  • Partially Wooded Lot

Home Design

  • Ranch Style House
  • Entry on the 1st floor
  • Shingle Roof
  • Composite Building Materials

Interior Spaces

  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Fireplace
  • Wood Burning Stove
  • Flue
  • Insulated Windows
  • Insulated Doors
  • Living Area on First Floor
  • Combination Kitchen and Dining Room
  • Workshop
  • Sun or Florida Room
  • Crawl Space
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • 2 Detached Carport Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Outdoor Storage
  • Outbuilding

Farming

  • Barn
  • Pasture

Utilities

  • Whole House Fan
  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heating System Powered By Leased Propane
  • Baseboard Heating
  • Spring water is a source of water for the property
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Handicap Accessible
  • Additional Residence on Property
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Stream

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 6566215176

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,319

Year Built

Built in 1970

Lot Details

22.4 Acres

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 22.4
  • Road Frontage Type: State Road
  • Ownership: More than One Year
  • Directions: From HWY 28N turn Left onto Airport Rd, turn Left onto Olive Hill Rd. Stay on Olive Hill Rd, house will be on the Left. It's about a 15 minute drive from downtown Franklin. First pointer sign is pasture area with road to property. Second sign is the house. Pointer sign on driveway to the barn. PLEASE WEAR MASKS
  • Architectural Style: Ranch/Single
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: No
  • Year Built: 1970
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • NAV27_AllowsVacationRentalYN: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Electric Water Heater, Dishwasher, Refrigerator, Dryer, Washer, Electric Oven/Range
  • Accessibility Features: Handicap Design, Interior Handicapped Accessible, Exterior Handicapped Accessible
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Doors-Insulated
  • Fireplace Features: Flue, Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Interior Amenities: Open Floorplan, Kitchen Island, Main Level Living, Pantry, Workshop, Kitchen/Dining Room, Primary w/Ensuite, Sunroom, Primary on Main Level, Walk-In Closet(s), Ceiling Fan(s), Large Master Bedroom, In-Law Floorplan
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 136.68
  • Room Living Room Area: 235.98
  • Room Kitchen Area: 165
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 16
  • Room Master Bedroom Area: 220.8

Exterior Features

  • Lot Features: Adjoins USFS, Open Lot, Private, Suitable for Horses, Allow RVs, Unrestricted, Pasture
  • View: View Year Round, View-Winter
  • View: Yes
  • Waterfront Features: Stream/Creek
  • Home Warranty: No
  • Construction Type: Composition Siding
  • Other Structures: Apartment Studio, Storage Building/Shed, Barn(s), Outbuilding/Workshop, Detached Additional Living Space
  • Patio And Porch Features: Deck
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Carport-Double Detached, Paved Driveway

Utilities

  • Laundry Features: First Level
  • Security: Smoke Detector(s)
  • Cooling: Central Electric, Whole House Fan
  • Cooling Y N: Yes
  • Heating: Electric, Propane, Forced Air, Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well, Spring
  • Gas Company: Propane Tank: Leased

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 975744
  • Parcel #: 6566215176
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1319.44
  • Tax Book Number: G-35

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2022
Closed on
May 25, 2023
Sold by
Bought by
Seller's Agent
John Evans
RE/MAX Elite Realty
Buyer's Agent
Sheila Myers
Keller Williams Realty Of Franklin
List Price
$475,000
Sold Price
$462,000
Premium/Discount to List
-$13,000
-2.74%
Views
116
Current Estimated Value
$472,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,011
Avg. Annual Appreciation
0.67%
Original Mortgage
$162,000
Outstanding Balance
$155,899
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$316,112

Purchase Details

Closed on
Oct 25, 2012
Sold by
Bought by

Purchase Details

Closed on
Apr 2, 2008
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Franklin, NC

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$462,000 None Listed On Document
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $162,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/01/2023 06/01/23 Sold $462,000 -2.7% $310 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $475,000 0.0% $319 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
02/07/2023 02/07/23 Price Changed $475,000 -1.0% $319 / Sq Ft
01/03/2023 01/03/23 Price Changed $479,850 0.0% $322 / Sq Ft
08/24/2022 08/24/22 For Sale $479,900 -- $323 / Sq Ft
Source: Carolina Smokies Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,420 $348,390 $192,780 $155,610
2025 $1,420 $308,790 $192,780 $116,010
2024 $1,396 $301,870 $192,780 $109,090
2023 $1,319 $307,490 $192,780 $114,710
2022 $1,319 $207,010 $129,020 $77,990
2021 $1,298 $214,010 $129,020 $84,990
2020 $1,244 $214,010 $129,020 $84,990
2018 $1,297 $246,000 $147,840 $98,160
2017 $0 $246,000 $147,840 $98,160
2016 $1,262 $246,000 $147,840 $98,160
2015 -- $246,000 $147,840 $98,160
2014 $1,368 $351,840 $224,000 $127,840
2013 -- $351,840 $224,000 $127,840
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26028306

APN: 6566215176

Your Personal Tour Guide

Ask me questions while you tour the home.