NOT LISTED FOR SALE

40 Patterson Ln Franklin, NC 28734

Estimated Value: $242,000 - $289,000

2 Beds
2 Baths
1,400 Sq Ft
$191/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $202,501 $145 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,440/month

3 Days on Market

Highlights

  • Private Lot
  • Bonus Room
  • No HOA
  • Main Floor Primary Bedroom
  • Living Area on First Floor
  • Cottage

About This Home

As of April 2023

Sweet Vintage Cottage in Franklin NC. Own a piece of "The Quiet" in the Smokey Mountains in this cool, vintage 1950's cottage located just 5 mins from the town of Franklin NC. The cottage is on LEVEL ground with super easy access and would be conducive for a full time residence, rental VRBO, it has kid and animal friendly grounds! 3 bedrooms, 2 baths (one of the bedrooms is upstairs/loft) and 2 bedrooms & 2 baths on the main.. Cute beamed ceiling accents, a spacious kitchen with pantry and garage entry access and an incredibly nice main entrance "sun-room" with a nice gas log fireplace. Yes, this is a really cool place that you could update to be the home of your dreams.

Last Agent to Sell the Property

John Becker

Bald Head Realty Brokerage Phone: 8283690000 License #239686 Listed on: 02/17/2023

Last Buyer's Agent

Samantha Stauch

RE/MAX Elite Realty License #325020

RE/MAX Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $514

Year Built

  • Built in 1950

Lot Details

  • 0.44 Acre Lot
  • Private Lot
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Cottage
  • Rustic Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Metal Roof
  • Board and Batten Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • 1.5-Story Property
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Gas Log Fireplace
  • Brick Fireplace
  • Window Screens
  • Insulated Doors
  • Living Area on First Floor
  • Bonus Room
  • Crawl Space
  • Electric Oven or Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Propane
  • Mini Split Heat Pump
  • Heating System Powered By Owned Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 6585894515

Home Details

Home Type

Single Family

Est. Annual Taxes

$514

Year Built

Built in 1950

Lot Details

0.44 Acres

Parking

1

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.44
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Directions: 28N to Right on Riverbend go 1/4 mile to RIGHT on Patterson Lane, 2nd home on the left.
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Year Built: 1950
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • NAV27_AllowsVacationRentalYN: Yes
  • Special Features: None

Interior Features

  • Furnished: Negotiable
  • Appliances: Electric Water Heater, Electric Oven/Range, Refrigerator, Washer, Dryer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Doors-Insulated
  • Fireplace Features: Gas Log, Brick
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Laminate
  • Interior Amenities: Bonus Room, Ceiling Fan(s), Main Level Living, Primary on Main Level, Pantry
  • Living Area: 1400
  • Main Level Bathrooms: 2
  • Window Features: Screens
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Room Family Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: Second
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: Level, Level Yard, Private
  • View: No
  • Home Warranty: No
  • Construction Type: Brick, Board & Batten Siding
  • Exterior Features: Rustic Appearance
  • Foundation Details: Slab
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage-Single Attached

Utilities

  • Laundry Features: First Level
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Propane, Mini-Split
  • Heating Yn: Yes
  • Sewer: Septic Tank, See Remarks
  • Utilities: Cell Service Available
  • Water Source: Well
  • Gas Company: Propane Tank: Owned
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 19166.4
  • Parcel #: 6585894515
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 514.5
  • Tax Book Number: O-13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Mar 28, 2023
Sold by
Adams Rhoda N
Bought by
Barres Gary
Seller's Agent
John Becker
Bald Head Realty
Buyer's Agent
Samantha Stauch
RE/MAX Elite Realty
List Price
$179,900
Sold Price
$202,501
Premium/Discount to List
$22,601
12.56%
Views
175
Current Estimated Value
$266,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,374
Avg. Annual Appreciation
9.88%
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
Barres Gary $203,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2023 04/03/23 Sold $202,501 +12.6% $145 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $179,900 -- $129 / 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 $803 $200,840 $28,510 $172,330
2024 $803 $200,840 $28,510 $172,330
2023 $515 $200,840 $28,510 $172,330
2022 $515 $86,490 $13,820 $72,670
2021 $501 $86,490 $13,820 $72,670
2020 $487 $88,290 $13,820 $74,470
2018 $322 $56,140 $14,780 $41,360
2017 -- $56,140 $14,780 $41,360
2016 $316 $56,140 $14,780 $41,360
2015 -- $56,140 $14,780 $41,360
2014 $305 $75,280 $19,750 $55,530
2013 -- $75,280 $19,750 $55,530
Source: Public Records

Agents Affiliated with this Home

  • John Becker

    Seller's Agent in 2023

    John Becker

    Bald Head Realty

    (828) 506-3719

    256 in this area

    304 Total Sales

    John Becker
    Section Image
  • Samantha Stauch

    Buyer's Agent in 2023

    Samantha Stauch

    RE/MAX

    (828) 634-6319

    79 in this area

    94 Total Sales

    Samantha Stauch
    Section Image
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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26029722

APN: 6585894515

North Carolina Macon County Franklin 28734

40 Patterson Ln, Franklin, NC

Not Listed for Sale

Detached

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