NOT LISTED FOR SALE

3974 Olive Hill Rd Franklin, NC 28734

Estimated Value: $628,000 - $1,227,000

4 Beds
3.5 Baths
2,458 Sq Ft
$388/Sq Ft Est. Value

Last Sold December 21, 2017

Last sale price $550,000 $224 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,186/month

353 Days on Market

Highlights

  • Additional Residence on Property
  • Horses Allowed On Property
  • RV Access or Parking
  • Barn
  • Home fronts a pond
  • 19.8 Acre Lot

About This Home

As of December 2017

This quality built farmhouse on 19.80 manicured acres with barn, pond, views and stream has so much to offer. From the very minute you enter this immaculate property & house you will be impressed. Every stone along the entrance is strategically placed for a certain look and the house was designed for lots of privacy for family & guest. The massive stone fireplace in the great room soars to the cathedral ceiling w/windows for a more light & airy look. The main floor has everything that you need for one level living, even a carport on the main level.The exterior of the home has real stone and wood w/walk ways, nice landscaping & a oversized 2 car garage. Imagine stepping out on your property & watching your horses graze,tending to your lush garden & orchard that is irrigated from one of the three springs on the property,harvesting your grapes and then at the end of the day resting for a spell on the magnificent covered rocking chair porch before dinner. The barn down by the pond is now a workshop but could have large stalls for the horses if needed.The large room upstairs is ready for sheet rock and carpet and would be perfect for a care taker or as income producing property

Last Agent to Sell the Property

Evelyn Owens

Keller Williams Realty Of Franklin Brokerage Phone: 8285240100 License #228116 Listed on: 12/02/2016

Keller Williams Realty Of Franklin

Last Buyer's Agent

David B. Rowland

Markham Bankston Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,155

Year Built

  • Built in 2002

Lot Details

  • 19.8 Acre Lot
  • Home fronts a pond
  • Home fronts a stream
  • Private Lot
  • Level Lot
  • Open Lot
  • Hilly Lot
  • Orchard
  • Partially Wooded Lot

Parking

  • 2 Car Garage
  • Basement Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Farmhouse Style Home
  • Entry on the 1st floor
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Great Room
  • Living Area on First Floor
  • Breakfast Room
  • Formal Dining Room
  • Recreation Room
  • Workshop
  • Screened Porch
  • Property Views

Kitchen

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry on main level
  • Washer

Finished Basement

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

Outdoor Features

  • Outdoor Storage
  • Outbuilding

Schools

  • Iotla Elementary School
  • Macon Middle School
  • Franklin High School

Farming

  • Barn
  • Pasture

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Wood
  • Heat Pump System
  • Water Filtration System
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Additional Residence on Property
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 6566016682

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,155

Year Built

Built in 2002

Lot Details

19.8 Acres

Parking

2

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 19.8
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Directions: From Hwy 28 North turn left on Airport Rd. pass the airport and go left on Olive Hill Rd. until you see the listing office sign on the left at 3974.
  • Architectural Style: Farm House, Traditional
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Year Built: 2002
  • NAV27_rets_property_type: Residential
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Dishwasher, Water Filter System, Microwave, Electric Oven/Range, Refrigerator, Washer
  • Has Basement: Full, Partial, Partitioned, Finished, Heated, Daylight, Recreation/Game Room, Workshop, Exterior Entry, Interior Entry, Finished Bath
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Doors-Insulated
  • Fireplace Features: Wood Burning, Stone
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Soaking Tub, Cathedral/Vaulted Ceiling, Split Bedroom, Large Master Bedroom, Walk-In Closet(s), Workshop, Rec/Game Room, Great Room, Breakfast Room, Country Kitchen, Formal Dining Room, Pantry, Primary on Main Level, Main Level Living, Ceiling Fan(s)
  • Main Level Bathrooms: 2
  • Window Features: Insulated Windows, Window Treatments
  • Room Bedroom2 Level: Second
  • Room Bedroom4 Area: 242
  • Room Bedroom4 Level: Basement
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 209
  • Master Bedroom Master Bedroom Level: First
  • Room Office Level: First
  • Room Office Area: 275
  • Room Bedroom2 Area: 228
  • Room Living Room Area: 285
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 132
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 11
  • Room Master Bedroom Area: 165
  • Room Dining Room Area: 132

Exterior Features

  • Lot Features: Private, Pasture, Unrestricted, Orchard(s), Level, Rolling, Hilly/Steep, Open Lot, Allow RVs, Suitable for Horses
  • View: View Year Round, Long Range View, Short Range View
  • View: Yes
  • Waterfront Features: Stream/Creek, Pond
  • Home Warranty: No
  • Construction Type: Wood Siding, Stone
  • Foundation Details: Slab
  • Other Structures: Apartment Studio, Storage Building/Shed, Outbuilding/Workshop, Barn(s), Detached Additional Living Space
  • Patio And Porch Features: Porch, Screened Porch/Deck
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage-Double in Basement, Garage Door Opener

Utilities

  • Laundry Features: First Level
  • Cooling: Central Electric, Two Zone
  • Cooling Y N: Yes
  • Heating: Electric, Wood, Forced Air, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Iotla Elementary
  • High School: Franklin
  • Middle Or Junior School: Macon Middle

Lot Info

  • Lot Size Sq Ft: 862488
  • Parcel #: 6566016682
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2155.16
  • Tax Book Number: I-22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2016
Closed on
Dec 17, 2017
Sold by
Waller Joseph M and Waller Norma C
Bought by
Whitmire Kenneth Hoyt and Whitmire Kimberly Baldwin
Seller's Agent
Evelyn Owens
Keller Williams Realty Of Franklin
Buyer's Agent
David B. Rowland
Markham Bankston Real Estate
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$952,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,712
Avg. Annual Appreciation
6.89%
Original Mortgage
$275,000
Outstanding Balance
$231,286
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$721,426

Purchase Details

Closed on
Dec 12, 1997
Sold by
Lane John F
Bought by
Waller Joseph M and Waller Norma C
Source: Public Records
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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
Whitmire Kenneth Hoyt $550,000 None Available
Waller Joseph M $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitmire Kenneth Hoyt $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2017 12/21/17 Sold $550,000 0.0% $224 / Sq Ft
11/21/2017 11/21/17 Pending -- -- --
12/02/2016 12/02/16 For Sale $550,000 -- $224 / Sq Ft
Source: Carolina Smokies Association of REALTORS®

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 $2,745 $693,880 $176,320 $517,560
2024 $2,745 $693,880 $176,320 $517,560
2023 $2,794 $693,980 $176,320 $517,660
2022 $2,794 $470,070 $144,290 $325,780
2021 $2,742 $520,970 $144,290 $376,680
2020 $2,610 $520,970 $144,290 $376,680
2018 $2,222 $472,840 $104,050 $368,790
2017 $2,222 $472,840 $104,050 $368,790
2016 $2,155 $472,840 $104,050 $368,790
2015 $2,132 $472,840 $104,050 $368,790
2014 $1,899 $525,090 $138,850 $386,240
2013 -- $525,090 $138,850 $386,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26003744

APN: 6566016682

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