NOT LISTED FOR SALE

369 Franklin Rd Highlands, NC 28741

Estimated Value: $1,080,000 - $1,751,000

3 Beds
3.5 Baths
-- Sq Ft
0.64 Acres

Last Sold December 18, 2020

Last sale price $800,000

Est. 70% increase in value since last sale

Current estimated payment $7,531/month

4 Days on Market

Highlights

  • Deck
  • No HOA
  • Eat-In Kitchen
  • Wood Flooring
  • Screened Porch
  • Built-In Features

About This Home

As of December 2020

WALK-TO-TOWN/CREEKSIDE COTTAGE! Wonderful 3BR/3.5BA cottage that was beautifully and completely rebuilt in 2016 – new roof/electrical/plumbing/HVAC/etc. Open floorplan on main level with kitchen transitioning to dining and living area with wood burning (gas starter) fireplace. French doors connect upper living area with screened porch overlooking creek. Master/kitchen/laundry/screened porch on main level, 2 suites on lower level with walk-out to covered porch and lawn with stone firepit for enjoying the cool mountain evenings. Established landscaping and beautiful stonework. City water/sewer/trash. Adjacent to Bascom & Highlands Greenway Trail. Great rental history with excellent ratings and loyal guests.

Last Agent to Sell the Property

William Futral

Futral Enterprises NC LLC Brokerage Phone: 8283429143 Listed on: 09/25/2020

Last Buyer's Agent

Brooks Kittrell

Berkshire Hathaway HomeServices Meadows Mountain Realty - HF

Berkshire Hathaway HomeServices Meadows Mountain Realty - HF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,562

Year Built

  • Built in 1973

Lot Details

  • 0.64 Acre Lot
  • Home fronts a stream

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Fire Pit

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7540129651

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,562

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.64
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: From town go past The Bascom and turn right into the next driveway. The house is off the road at the end of the drive.
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1973
  • Attribution Contact: 8283429143
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Oven, Microwave, Refrigerator, Washer
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Insert, Gas Starter, Living Room, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island

Exterior Features

  • View: Seasonal View
  • Waterfront Features: Stream
  • Disclosures: Licensed Vacation Rental
  • Construction Type: Frame, Stone, Wood Siding
  • Exterior Features: Fire Pit
  • Foundation Details: Block
  • Patio And Porch Features: Rear Porch, Covered, Deck, Screened
  • Roof: Shingle

Garage/Parking

  • Parking Features: Gravel, None

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Ductless
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 27878.4
  • Parcel #: 7540129651
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 3561.51
  • Tax Lot: NA
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2025
Sold by
Thompson Derrick Wayne and Thompson Debra A
Bought by
Derrick Wayne Thompson Revocable Trust and Thompson
Current Estimated Value
$1,362,034

Purchase Details

Listed on
Sep 25, 2020
Closed on
Dec 16, 2020
Sold by
P3 Land Llc
Bought by
Thompson Derrick Wayne
Seller's Agent
William Futral
Futral Enterprises NC LLC
Buyer's Agent
Brooks Kittrell
Berkshire Hathaway HomeServices Meadows Mountain Realty - HF
List Price
$815,000
Sold Price
$800,000
Premium/Discount to List
-$15,000
-1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.78%
Original Mortgage
$500,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2015
Sold by
Macon Bank Inc
Bought by
P3 Land Llc

Purchase Details

Closed on
Apr 24, 2006
Sold by
Young Jody D and Young Wendy
Bought by
Young Thomas E

Purchase Details

Closed on
Oct 28, 2005
Sold by
Wiley Wilma M and Wiley Wilma M
Bought by
Young Jody D and Young Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
5.71%
Mortgage Type
New Conventional
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
Derrick Wayne Thompson Revocable Trust -- None Listed On Document
Thompson Derrick Wayne $800,000 None Available
P3 Land Llc $175,000 None Available
Young Thomas E -- None Available
Young Thomas E -- None Available
Young Jody D $225,000 None Available
Young Jody D $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thompson Derrick Wayne $500,000
Previous Owner Young Jody D $202,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $800,000 -1.8% --
10/01/2020 10/01/20 Pending -- -- --
09/26/2020 09/26/20 For Sale $815,000 -- --
Source: Highlands-Cashiers Board 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
2025 -- $1,019,090 $339,840 $679,250
2024 -- $942,460 $339,840 $602,620
2023 $3,717 $942,460 $339,840 $602,620
2022 $3,717 $615,380 $331,200 $284,180
2021 $3,717 $615,380 $331,200 $284,180
2020 $3,562 $615,380 $331,200 $284,180
2018 $2,983 $551,270 $294,400 $256,870
2017 $0 $551,270 $294,400 $256,870
2016 $2,019 $367,330 $294,400 $72,930
2015 $2,501 $367,330 $294,400 $72,930
2014 $1,566 $341,050 $181,760 $159,290
2013 -- $341,050 $181,760 $159,290
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2020

    William Futral

    Futral Enterprises NC LLC

    (828) 634-1010

    2 in this area

    4 Total Sales

    William Futral
    Section Image
  • Brooks Kittrell

    Buyer's Agent in 2020

    Brooks Kittrell

    Berkshire Hathaway HomeServices Meadows Mountain Realty - HF

    (828) 230-4453

    17 in this area

    37 Total Sales

    Brooks Kittrell
    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 94803

APN: 7540129651

North Carolina Macon County Highlands 28741

369 Franklin Rd, Highlands, NC

This home is located at 369 Franklin Rd, Highlands, NC 28741 since 25 September 2020 and is currently estimated at $1,362,034. This property was built in 1973. 369 Franklin Rd 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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