NOT LISTED FOR SALE

405 Sunset Trace Trail Franklin, NC 28734

Estimated Value: $36,000 - $210,000

1.14 Acres
$107,895 Price per Acre
49,658 Sq Ft Lot

Last Sold February 13, 2023

Last sale price $18,900

Est. 551% increase in value since last sale

Current estimated payment $657/month

6 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Lot Has A Rolling Slope
  • Heavily Wooded Lot
  • Views

About This Lot

As of February 2023

Come see the Nice Winter Views from Lot 10 Sunset Ridge! Great Sunsets and lots of Wildlife can be seen from this Quiet and Peaceful 1.14 Acre Lot in the Lovely Burningtown Community. A trail into the Lot has been cleared so you can easily walk to the ideal building site on a nice gentle knoll. Close enough hear Burningtown Creek on quite days. Great Privacy! There are only three homes in Sunset Ridge and none are visible from this Lot. Easy access on a well maintained gravel road and only 0.4 miles from the paved road. Sensible protective covenants help protect your investment. 700 square feet is the minimum home size so this Lot would be perfect for a small get away cottage, VRBO or Airbnb cabin! On site, stick built homes only. No mobile homes or modular homes, however you may use an RV as your dwelling during construction and store it on site after construction. No formal HOA but there is a Road Maintenance Agreement. Fees are only collected on an "as needed" basis. Taxes are only $69/year! Buy today and build whenever you are ready. Search the Address on YouTube to see the Video. Listed at $19,900. It won't last long so schedule a showing today!

Last Agent to Sell the Property

Anderson Ernst

RE/MAX Elite Realty Brokerage Phone: 8283494600 License #314580 Listed on: 01/10/2023

RE/MAX Elite Realty

Last Buyer's Agent

Jaci Reynolds

Re/Max Executive (Mls Only) License #285440

Re/Max Executive (Mls Only)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $52

Lot Details

  • 1.14 Acre Lot
  • Lot Has A Rolling Slope
  • Heavily Wooded Lot

Parking

  • RV Access or Parking

Additional Features

  • Property Views

Community Details

  • No Home Owners Association
  • Sunset Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6568615312

Property Details

Property Type

Land

Est. Annual Taxes

$52

Lot Details

0

Listing Details

  • Property Sub Type: Land,Wooded Lot
  • Prop. Type: Land
  • Lot Size Acres: 1.14
  • Road Surface Type: Gravel, Gravel Road
  • Ownership: More than One Year
  • Subdivision Name: Sunset Ridge
  • Directions: From Franklin, take 28 North for 3 miles, turn Left on Iotla Church Rd and travel 8 miles, the road name changes to Burningtown, then to Lower Burningtown. Sunset Trace Trail is on the right, just before the home at 8026 Lower Burningtown Rd. Continue on Sunset Trace Trail for 0.4 mile to the property on the Right. Listing Office Signs in place. Use "871 Sunset Trace Trail" in Google Maps.
  • Habitable Residence: No
  • Attribution Contact: 8283494600
  • Special Features: None

Interior Features

  • Possible Use: Residential, Single Family

Exterior Features

  • Lot Features: Allow RVs
  • Topography: Rolling
  • View: Yes
  • Waterfront Elevation: 2150
  • Other Structures: None

Utilities

  • Electric: Overhead Electric
  • Electricity On Property: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 49658.4
  • Parcel #: 6568615312
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 69.04
  • Tax Book Number: R-17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2023
Closed on
Feb 8, 2023
Sold by
Harris Phillip R
Bought by
Reynolds Ryan A and Reynolds Michele B
Seller's Agent
Anderson Ernst
RE/MAX Elite Realty
Buyer's Agent
Jaci Reynolds
Re/Max Executive (Mls Only)
List Price
$19,900
Sold Price
$18,900
Premium/Discount to List
-$1,000
-5.03%
Total Days on Market
6
Current Estimated Value
$123,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,100
Avg. Annual Appreciation
74.35%

Purchase Details

Closed on
Jan 22, 1988
Sold by
Nantahala Development Company
Bought by
Harris Philip R
Source: Public Records

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Range of Values:

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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
Reynolds Ryan A $19,000 --
Harris Philip R $3,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2023 02/13/23 Sold $18,900 -5.0% --
01/17/2023 01/17/23 Pending -- -- --
01/10/2023 01/10/23 For Sale $19,900 -- --
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 $52 $15,040 $15,040 $0
2023 $69 $15,040 $15,040 $0
2022 $69 $13,390 $13,390 $0
2021 $68 $13,390 $13,390 $0
2020 $64 $13,390 $13,390 $0
2018 $66 $14,710 $14,710 $0
2017 $0 $14,710 $14,710 $0
2016 $64 $14,710 $14,710 $0
2015 $64 $14,710 $14,710 $0
2014 $67 $19,190 $19,190 $0
2013 -- $19,190 $19,190 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26029407

APN: 6568615312