NOT LISTED FOR SALE

40 Patterson Ln Franklin, NC 28734

Estimated Value: $214,000 - $316,000

2 Beds
2 Baths
1,400 Sq Ft
$190/Sq Ft Est. Value

Last Sold April 03, 2023

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

Est. 31% increase in value since last sale

Current estimated payment $1,536/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

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
  • Attribution Contact: 8283690000
  • 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
$266,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,523
Avg. Annual Appreciation
9.34%
Source: Public Records

Range of Values:

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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
Barres Gary $203,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barres Gary M $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 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 $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

    161 in this area

    190 Total Sales

    John Becker
    Section Image
  • Samantha Stauch

    Buyer's Agent in 2023

    Samantha Stauch

    RE/MAX

    (828) 634-6319

    76 in this area

    91 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

This home is located at 40 Patterson Ln, Franklin, NC 28734 since 17 February 2023 and is currently estimated at $266,024, approximately $190 per square foot. This property was built in 1950. 40 Patterson Ln is a home located in Macon County with nearby schools including Iotla Valley Elementary School, Mountain View Intermediate School, and Macon Middle School.

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