NOT LISTED FOR SALE

40 Summit Dr Franklin, NC 28734

Estimated Value: $677,000

5 Beds
4 Baths
4,175 Sq Ft
$162/Sq Ft Est. Value

Last Sold February 27, 2019

Last sale price $420,000 $101 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,182/month

115 Days on Market

Highlights

  • RV Access or Parking
  • Open Floorplan
  • Recreation Room
  • Custom Home
  • Deck
  • Valley View

About This Home

As of February 2019

Wonderful opportunity for an in-town living custom home with a view. Close enough to walk to the grocery store & downtown but yet an amazing relaxing view of pasture land & mountains. This quality custom home was built in 2008 & features 5 Bedrooms, 4 Baths, 2 bonus areas PLUS room to expand if needed. Upon main level entry you're greeted w/lovely hardwood floors, wide foyer & the home opens up to include the Living Room, Formal dining, Spacious kitchen, Breakfast nook, Guest bedroom, Laundry, Guest bath, Entry to screened as well as open decks & a Master Bedroom en-suite that is over 600 sq ft just itself! Upstairs you'll find 3 additional rooms, full bath & gracious attic storage space (or could expand living area). In the basement you'll find a charming guest or in-law quarters with warm wood walls, full bath, kitchenette, living room & LOTS of storage rooms/expandable living. Gas fireplace w/stone surround, Hardiplank style siding, surround speakers, generator, natural gas, city water & sewer w/instant H2O heaters and a double attached garage are just a few of the other features. Outside you'll find a great level yard, additional lot & storage building. Video tours uploaded too

Last Agent to Sell the Property

Becky Ramey

RE/MAX Elite Realty Brokerage Phone: 8283494600 License #244928 Listed on: 10/04/2018

RE/MAX Elite Realty

Co-Listed By

Lori Newton

RE/MAX Elite Realty Brokerage Phone: 8283494600 License #215125

Last Buyer's Agent

Becky Ramey

RE/MAX Elite Realty Brokerage Phone: 8283494600 License #244928 Listed on: 10/04/2018

RE/MAX Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,110

Year Built

  • Built in 2008

Lot Details

  • 0.97 Acre Lot
  • Level Lot
  • Open Lot
  • Partially Wooded Lot

Parking

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

Home Design

  • Custom Home
  • Traditional Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 4,175 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Gas Log Fireplace
  • Window Screens
  • Insulated Doors
  • Living Area on First Floor
  • Breakfast Room
  • Formal Dining Room
  • Recreation Room
  • Bonus Room
  • Workshop
  • Screened Porch
  • Valley Views
  • Home Security System

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Bathtub Includes Tile Surround

Laundry

  • Laundry on main level
  • Washer

Finished Basement

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

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Power Generator
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 6584889081

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,110

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.97
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: 129
  • Co List Office Phone: 828-349-4600
  • Ownership: Less than One Year
  • Directions: From Downtown Franklin stay on Main Street and turn on MAPLE ST (between "old ingles" and fire department) continue on Maple St to RIGHT on DOGWOOD STREET, then up the hill to LEFT on SUMMIT. First house on left at LA sign, #40.
  • Architectural Style: Traditional, Custom
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 2008
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Tankless Water Heater, Gas Water Heater, Microwave, Dishwasher, Electric Oven/Range, Washer, Refrigerator
  • Other Equipment: Generator
  • Has Basement: Full, Heated, Exterior Entry, Interior Entry, Finished Bath, Recreation/Game Room, Finished, Workshop
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: Doors-Insulated
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Bonus Room, Formal Dining Room, In-law Quarters, Large Master Bedroom, Primary on Main Level, Split Bedroom, Kitchen Island, Rec/Game Room, Workshop, Breakfast Room, Ceramic Tile Bath, Main Level Living, Walk-In Closet(s), Open Floorplan, In-Law Floorplan
  • Living Area: 4175
  • Main Level Bathrooms: 2
  • Window Features: Screens
  • Room Bedroom2 Level: First
  • Room Bedroom4 Area: 159
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Room Family Room Level: Second
  • Room Bedroom3 Area: 377.5
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 164.92
  • Room Living Room Area: 429.44
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 244.8
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 13.6
  • Room Master Bedroom Area: 323
  • Room Dining Room Area: 219
  • Room Family Room Area: 290.41

Exterior Features

  • Lot Features: Level Yard, Within City Limits, Allow RVs, Level, Open Lot
  • View: Valley, Long Range View, View Year Round, Short Range View
  • View: Yes
  • Home Warranty: No
  • Construction Type: HardiPlank Type
  • Foundation Details: Slab
  • Other Structures: Outbuilding/Workshop
  • Patio And Porch Features: Screened Porch/Deck, Deck, Porch
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: First Level
  • Security: Security System
  • Cooling: Central Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Natural Gas, Heat Pump, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cell Service Available
  • Water Source: Public
  • Gas Company: Propane Tank: None
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 42253.2
  • Parcel #: 6584889081
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3109.8
  • Tax Book Number: R-38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2018
Closed on
Feb 7, 2019
Sold by
Jackson Eric W and Jackson Mary Jill
Bought by
Stough Thomas R and Stough Janice J
Seller's Agent
Becky Ramey
RE/MAX Elite Realty
Buyer's Agent
Becky Ramey
RE/MAX Elite Realty
List Price
$420,000
Sold Price
$420,000
Current Estimated Value
$677,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,000

Purchase Details

Closed on
Jun 8, 2018
Sold by
Revocabl Dalton Wendy Lynne Jackson
Bought by
Jackson Jackson Eric W Eric W and Jackson Dalton Wendy Lynne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Stough Thomas R $420,000 None Available
Jackson Jackson Eric W Eric W -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2019 02/27/19 Sold $420,000 0.0% $101 / Sq Ft
01/28/2019 01/28/19 Pending -- -- --
10/04/2018 10/04/18 For Sale $420,000 -- $101 / 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
2020 $0 $0 $0 $0
2018 -- $401,950 $29,790 $372,160
2017 -- $401,950 $29,790 $372,160
2016 -- $401,950 $29,790 $372,160
2015 -- $401,950 $29,790 $372,160
2014 -- $428,230 $50,270 $377,960
2013 -- $428,230 $50,270 $377,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26010017

APN: 6584889081