NOT LISTED FOR SALE

389 Erica Ln Franklin, NC 28734

Estimated Value: $354,000 - $412,000

2 Beds
2.5 Baths
1,720 Sq Ft
$216/Sq Ft Est. Value

Last Sold June 14, 2018

Last sale price $176,000 $102 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,111/month

21 Days on Market

Highlights

  • 2.3 Acre Lot
  • Deck
  • Recreation Room
  • Chalet
  • Private Lot
  • Partially Wooded Lot

About This Home

As of June 2018

Well maintained 2 Bedroom 2.5 Bath Chalet in Erica Estates in Holly Springs. Private setting in nice community, convenient to town and shopping on 2.3 acres with paved road to door. Large open deck equipped with a Sun-setter shade system, long range view and there is also approx. 158 sq.ft screened in porch off the kitchen. Downstairs features an enclosed 47'9" x 7'10' porch with ceramic tile flooring and lots of windows! Kitchen opens into combined Living/Dining room with Vaulted ceilings, Masonry, Brick wood burning fireplace with gas insert, ceramic tile flooring and sliding doors to deck. Master on main with adjacent full bath. Loft upstairs with half bath overlooking Living and Dining area. Downstairs features a large living area that is currently being used as a bedroom and living area. There is also a separate dining a kitchenette area with sink and gas 2-top stove. Full bath and large laundry and storage room downstairs as well. What a great full time or vacation home in the Mountains of Western North Carolina!

Last Agent to Sell the Property

Marty Kimsey

RE/MAX Elite Realty Brokerage Phone: 8283494600 License #53843 Listed on: 04/23/2018

RE/MAX Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $759

Year Built

  • Built in 1984

Lot Details

  • 2.3 Acre Lot
  • Private Lot
  • Partially Wooded Lot

Parking

  • No Garage

Home Design

  • Chalet
  • Cabin
  • Brick Veneer
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,720 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Brick Fireplace
  • Insulated Windows
  • Insulated Doors
  • Living Area on First Floor
  • Recreation Room
  • Bonus Room
  • Sun or Florida Room
  • Screened Porch
  • Washer
  • Property Views

Kitchen

  • Country Kitchen
  • Electric Oven or Range
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • In-Law or Guest Suite
  • Bathtub Includes Tile Surround

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement with some natural light

Outdoor Features

  • Deck
  • Terrace

Utilities

  • Cooling Available
  • Heating System Uses Wood
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Erica Estates Subdivision
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 7505309695

Home Details

Home Type

Single Family

Est. Annual Taxes

$759

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 2.3
  • Road Frontage Type: Other
  • Ownership: More than One Year
  • Subdivision Name: Erica Estates
  • Directions: From441: Cat Creek Road to Right on Saunders Road. Left on Erica Lane, Bear sharp Right (staying on Erica Lane). Continue up hill, house on Right (stained red A-Frame) #398 From Highlands Road: Left on Saunders Road. Right on Erica Lane, Bear sharp Right (staying on Erica Lane) Continue up hill, house on Right (Stained Red A-Frame) #398
  • Architectural Style: Chalet, Cabin
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 1984
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8283494600
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Microwave, Electric Oven/Range, Washer, Disposal, Refrigerator
  • Has Basement: Full, Heated, Exterior Entry, Daylight, Interior Entry, Finished Bath, Lower/Terrace, Partitioned, Recreation/Game Room, Washer/Dryer Hook-up, Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Doors-Insulated
  • Fireplace Features: Wood Burning, Insert, Brick
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Ceramic Tile
  • Interior Amenities: Bonus Room, Cathedral/Vaulted Ceiling, In-law Quarters, Primary on Main Level, Living/Dining Room, Rec/Game Room, Sunroom, Ceramic Tile Bath, Main Level Living, Country Kitchen, In-Law Floorplan
  • Living Area: 1720
  • Main Level Bathrooms: 1
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: Second
  • Room Family Room Level: Basement
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 271.25
  • Room Living Room Area: 305
  • Room Kitchen Area: 132.9167
  • Master Bedroom Master Bedroom Width: 15
  • Room Master Bedroom Area: 150
  • Room Family Room Area: 276

Exterior Features

  • Lot Features: Private
  • View: Long Range View, View Year Round
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding, Brick Veneer
  • Patio And Porch Features: Screened Porch/Deck, Deck, Porch
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, None-Carport

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Wood
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Well
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 100188
  • Parcel #: 7505309695
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 758.92
  • Tax Book Number: G-38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2018
Closed on
Jun 7, 2018
Sold by
Lafuente Carter Charles Davis and Lafuente Carter Maria T
Bought by
Crowder Gary D
Seller's Agent
Marty Kimsey
RE/MAX Elite Realty
List Price
$176,000
Sold Price
$176,000
Current Estimated Value
$371,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,533
Avg. Annual Appreciation
10.92%
Original Mortgage
$106,700
Outstanding Balance
$92,867
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$278,666

Purchase Details

Closed on
Aug 1, 2017
Sold by
Carter Charles David and Lafuente Carter Maria T
Bought by
Stay Erica Llc

Purchase Details

Listed on
Oct 28, 2016
Closed on
Nov 28, 2016
Sold by
Kelley Patrick Scott and Kelley Charles Michael
Bought by
Carter Charles David and Lafuente Carter Maria T
Seller's Agent
Teresa Murray
RE/MAX Elite Realty
List Price
$117,500
Sold Price
$117,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.08%
Original Mortgage
$67,500
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 1988
Sold by
Summerville Sheldon R
Bought by
Kelley Rosemarie O
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Crowder Gary D $176,000 None Available
Stay Erica Llc $32,000 None Available
Carter Charles David $117,500 Attorney
Kelley Rosemarie O $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crowder Gary D $106,700
Previous Owner Carter Charles David $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2018 06/14/18 Sold $176,000 0.0% $102 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $176,000 +49.8% $102 / Sq Ft
11/30/2016 11/30/16 Sold $117,500 0.0% $151 / Sq Ft
10/31/2016 10/31/16 Pending -- -- --
10/28/2016 10/28/16 For Sale $117,500 -- $151 / Sq Ft
Source: Carolina Smokies Association 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
2024 $1,092 $305,770 $31,770 $274,000
2023 $936 $305,670 $31,770 $273,900
2022 $936 $175,370 $15,880 $159,490
2021 $907 $175,370 $15,880 $159,490
2020 $863 $175,370 $15,880 $159,490
2018 $549 $112,840 $17,740 $95,100
2017 $0 $112,840 $17,740 $95,100
2016 $549 $112,840 $17,740 $95,100
2015 -- $112,840 $17,740 $95,100
2014 $510 $136,460 $31,850 $104,610
2013 -- $136,460 $31,850 $104,610
Source: Public Records

Agents Affiliated with this Home

  • Marty Kimsey

    Seller's Agent in 2018

    Marty Kimsey

    RE/MAX

    (828) 421-3369

    138 in this area

    210 Total Sales

    Marty Kimsey
    Section Image
  • Teresa Murray

    Seller's Agent in 2016

    Teresa Murray

    RE/MAX

    (828) 342-3627

    91 in this area

    100 Total Sales

    Teresa Murray
    Section Image
See All Agents

Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26008217

APN: 7505309695

North Carolina Macon County Franklin 28734

389 Erica Ln, Franklin, NC

This home is located at 389 Erica Ln, Franklin, NC 28734 since 23 April 2018 and is currently estimated at $371,533, approximately $216 per square foot. This property was built in 1984. 389 Erica Ln is a home located in Macon County with nearby schools including East Franklin Elementary School, Mountain View Intermediate School, and Macon Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes