NOT LISTED FOR SALE

38 Franklin Farm Rd Fletcher, NC 28732

Estimated Value: $884,000 - $1,460,000

4 Beds
4.5 Baths
4,150 Sq Ft
$274/Sq Ft Est. Value

Last Sold June 08, 2015

Last sale price $560,000 $135 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $6,589/month

279 Days on Market

Highlights

  • Whirlpool in Pool
  • Open Floorplan
  • Traditional Architecture
  • Fairview Elementary School Rated A-
  • Private Lot
  • Wood Flooring

About This Home

As of June 2015

Spacious family home w/two 900+ sq. ft. garages (lower has functional workshop); concrete drive and parking area;wrap-around covered porch (front/side); deck on rear plus patio on lower level; 1 acre manicured fenced yard (room for pool); vegetable garden; second well for watering; 500g buried propane tank. Two fireplaces, MB has one in sitting room; breakfast nook in kitchen; granite counter tops; dual 95% high-effic a/c systems.

Last Agent to Sell the Property

Chuck Gallopo

Asheville Realty Group License #248855 Listed on: 08/19/2014

Last Buyer's Agent

Chuck Gallopo

Asheville Realty Group License #248855 Listed on: 08/19/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,840

Year Built

  • Built in 1998

Lot Details

  • Fenced
  • Private Lot
  • Level Lot
  • Irrigation

Parking

  • Workshop in Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • Open Floorplan
  • Storm Doors

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Additional Features

  • Whirlpool in Pool
  • Well

Listing and Financial Details

  • Assessor Parcel Number 9675-50-9175-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,840

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.90337
  • Ratio Close Price By Original Li: 0.82718
  • Ratio Current Price By Acre: 358974.36
  • Ratio Current Price By Sq Ft: 134.94
  • Year Built: 1998
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Block, Concrete
  • Upper Level Sq Ft: 1900
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Doors and Windows: Storm Door(s)
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Microwave, Refrigerator, Electric Oven
  • Fixture Exception Description: -Washer and dryer
  • Flooring: Tile, Carpet, Wood
  • Interior Amenities: Open Floorplan, Vaulted Ceiling, Walk-In Closet(s), Garage Shop, Whirlpool
  • Room Count: 6
  • Sq Ft Basement: 1000
  • Main Level Sq Ft: 1250
  • Total Sq Ft: 4150
  • Sq Ft Unheated Basement: 135

Exterior Features

  • Construction: Brick Full, Wood
  • Construction Type: Site Built
  • Exterior Features: Fenced, In-Ground Irrigation

Garage/Parking

  • Driveway: Concrete
  • Parking: Basement, Garage - 3 Car

Utilities

  • Heating: Electric Hot Air, Gas Hot Air Furnace, Heat Pump - AC, Heat Pump - Heat, MultiZone Heat
  • Water: Propane, Well

Condo/Co-op/Association

  • Association Fee: 600.00

Schools

  • Elementary School: Fairview
  • Middle School: Cane Creek
  • High School: AC Reynolds

Lot Info

  • Lot Features: Level, Paved Frontage, Private
  • Lot Size Area: 1.560
  • Parcel Number: 9675-50-9175-00000
  • Plat Reference Section Pages: 1946
  • Zoning Specification: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2014
Closed on
Jun 1, 2015
Sold by
Thorpe Earl D and Thorpe Kathy E
Bought by
Danahey Timothy John and Schiemer Susan Leigh
Seller's Agent
Chuck Gallopo
Asheville Realty Group
Buyer's Agent
Chuck Gallopo
Asheville Realty Group
List Price
$677,000
Sold Price
$560,000
Premium/Discount to List
-$117,000
-17.28%
Current Estimated Value
$1,135,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$575,212
Avg. Annual Appreciation
6.88%
Original Mortgage
$280,000
Outstanding Balance
$215,094
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$885,880

Purchase Details

Closed on
Jan 24, 1997
Sold by
Belcher Properties
Bought by
Thorpe and Thorpe
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
Danahey Timothy John $560,000 None Available
Thorpe $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Danahey Timothy John $280,000
Previous Owner Thorpe Earl Dean $168,000
Previous Owner Thorpe Earl Dean $351,500
Previous Owner Thorpe Earl Dean $200,415
Previous Owner Thorpe Earl Dean $200,000
Previous Owner Thorpe Earl Dean $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2015 06/08/15 Sold $560,000 -17.3% $135 / Sq Ft
05/25/2015 05/25/15 Pending -- -- --
08/19/2014 08/19/14 For Sale $677,000 -- $163 / 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
2023 $3,840 $566,200 $61,200 $505,000
2022 $3,587 $566,200 $0 $0
2021 $3,587 $566,200 $0 $0
2020 $3,780 $560,300 $0 $0
2019 $3,780 $560,300 $0 $0
2018 $3,609 $560,300 $0 $0
2017 $3,608 $547,600 $0 $0
2016 $3,882 $547,600 $0 $0
2015 $3,454 $487,200 $0 $0
2014 -- $487,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM569037

Canopy MLS (Canopy Realtor® Association)

APN: 9675-50-9175-00000