NOT LISTED FOR SALE

423 Iotla St Franklin, NC 28734

Estimated Value: $238,000 - $313,000

2.75 Acres
$104,636 Price per Acre
119,790 Sq Ft Lot

Last Sold August 31, 2023

Last sale price $240,000 $155 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,748/month

22 Days on Market

Highlights

  • 2.75 Acre Lot
  • Garage
  • Level Lot
  • No HOA

About This Lot

As of August 2023

2.75 acres flat relatively cleared land in downtown Franklin. Current zoning is Medical Institutional currently being rezoned by the city of Franklin to R1, Low Density Residential. 1/2 of the lot is vacant, the other half improved with a house and garage building that is not considered to contribute much value. Build your dream home here and sell the other half or make it a large in-town estate.

Last Agent to Sell the Property

Mark Bryant

Nc Mountain Real Estate Brokerage Phone: 8284774344 License #292711 Listed on: 06/22/2023

Last Buyer's Agent

Mark Bryant

Nc Mountain Real Estate Brokerage Phone: 8284774344 License #292711 Listed on: 06/22/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $857

Lot Details

  • 2.75 Acre Lot
  • Property fronts a state road
  • Level Lot
  • Open Lot

Parking

  • Garage

Location

  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 6595027125

Community Details

Overview

  • No Home Owners Association

Recreation

  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$857

Lot Details

0

Listing Details

  • Property Sub Type: Land,House Included,Residential
  • Prop. Type: Land
  • Lot Size Acres: 2.75
  • Road Frontage Type: State Road
  • Ownership: More than One Year
  • Subdivision Name: No
  • Directions: Main St Franklin to right on Iotla Street to land on the right beginning on the corner of White Oak Circle forward to the next lot which is mowed at the property line.
  • Garage Yn: Yes
  • Habitable Residence: Yes
  • NAV27_rets_property_type: Land
  • Attribution Contact: 8284774344
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: Open Lot, None, City Lot
  • Topography: Level
  • View: No
  • Waterfront Elevation: 2300
  • Other Structures: Garage(s), House As Is, Outbuilding

Utilities

  • Utilities: Sewer Connected, Water Connected

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 119790
  • Parcel #: 6595027125
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2
  • Tax Book Number: Y28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Jul 26, 2023
Sold by
Williams Dawn R and Williams Brent W
Bought by
Gordon Thomas B and Gordon Rose Marie
Seller's Agent
Mark Bryant
Nc Mountain Real Estate
Buyer's Agent
Mark Bryant
Nc Mountain Real Estate
List Price
$375,000
Sold Price
$240,000
Premium/Discount to List
-$135,000
-36%
Views
280
Current Estimated Value
$303,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,764
Avg. Annual Appreciation
15.31%

Purchase Details

Closed on
Jun 29, 2023
Sold by
Nan C Scott Generation-Skipping Family T
Bought by
Short Michael K and Short Scott E

Purchase Details

Closed on
Feb 23, 2005
Sold by
Short Charlene N
Bought by
Short Charlene N and Nan C Scott Generation-Skipping Family T
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gordon Thomas B -- None Listed On Document
Short Michael K -- None Listed On Document
Short Charlene N -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $240,000 -36.0% $155 / Sq Ft
07/15/2023 07/15/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $375,000 -- $242 / 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 $857 $210,660 $140,990 $69,670
2023 $858 $226,420 $156,750 $69,670
2022 $996 $184,170 $138,600 $45,570
2021 $966 $188,870 $138,600 $50,270
2020 $919 $188,870 $138,600 $50,270
2018 $844 $185,630 $144,380 $41,250
2017 $0 $185,630 $144,380 $41,250
2016 $825 $185,630 $144,380 $41,250
2015 -- $185,630 $144,380 $41,250
2014 $651 $187,530 $135,300 $52,230
2013 -- $187,530 $135,300 $52,230
Source: Public Records

Agents Affiliated with this Home

  • Mark Bryant

    Seller's Agent in 2023

    Mark Bryant

    Nc Mountain Real Estate

    (404) 468-3737

    10 in this area

    84 Total Sales

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26030830

APN: 6595027125

North Carolina Macon County Franklin 28734

423 Iotla St, Franklin, NC

This home is located at 423 Iotla St, Franklin, NC 28734 since 22 June 2023 and is currently estimated at $287,749, approximately $185 per square foot. 423 Iotla St 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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