$975,000

423 Iotla St Franklin, NC 28734

Estimated payment $5,280/month

Total Views 5,394
3 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 2.41 Acre Lot
  • Wood Flooring
  • Bonus Room
  • Freestanding Bathtub
  • Main Floor Primary Bedroom
  • No HOA

About This Home

Your historic estate awaits in downtown Franklin, NC! Built by Dr. J.H. Fouts in the 1890's, this historic two-family home (w/full apartment below) could be an absolute showplace. Stunning large rooms with soaring 11-foot ceilings, historic woodworking details, heart of pine flooring, terrarium sunroom, clawfoot tub & simply timeless charm. The main level boast a living room, family room, 2 large bedrooms + nursery, formal dining room & kitchen. Downstairs, the 1/1 apartment needs renovation but maintains it's vintage charm. A 2-car carport is nearby. The 1,100 square foot workshop could be renovated into another home, storefront, or massive garage/workshop. One of the last remaining large parcels within walking distance to downtown, this 2.41-acre gentle property is in a prime location additional development with CITY water, sewer & Toccoa natural gas available, off a state-maintained road. Currently zoned R-1, there are multiple options for multi-family & single-family homesites or a magnificent in-town estate for your family nestled with privacy between the old oak trees. Rezoning is also possible. An open canvas of possibilities awaits your family on Iotla Street!

Listing Agent

Kelly Penland

Bald Head Realty Brokerage Phone: 8283690000 License #276321 Listed on: 08/26/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,572

Year Built

  • Built in 1890

Lot Details

  • 2.41 Acre Lot
  • Property fronts a state road
  • Level Lot
  • Historic Home

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Formal Dining Room
  • Bonus Room
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Freestanding Bathtub

Basement

  • Interior and Exterior Basement Entry
  • Laundry in Basement
  • Stubbed For A Bathroom

Parking

  • 2 Car Detached Garage
  • 2 Detached Carport Spaces

Location

  • City Lot

Schools

  • Macon Middle School
  • Franklin High School

Utilities

  • No Cooling
  • Heating System Uses Oil

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6595027125

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,572

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 2.41
  • Road Frontage Type: State Road, City Street
  • Road Surface Type: Paved
  • Ownership: More than One Year
  • Subdivision Name: None
  • Directions: From Franklin take Main Street to the corner of Iotla, head north and property is on the right. Or take the Depot Extension to left on Iotla Street, property is on the left. Starts near the corner of Sanctuary Village and ends near the corner of White Oak Circle.
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Structure Type: Historical
  • Year Built: 1890
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8283690000
  • NAV27_AllowsVacationRentalYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Other Water Heater (See Remarks), Other-See Remarks
  • Has Basement: Exterior Entry, Interior Entry, Washer/Dryer Hook-up, Bath/Stubbed, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Other
  • Fireplace: Yes
  • Flooring: Vinyl, Hardwood, Ceramic Tile, Other-See Remarks
  • Interior Amenities: Bonus Room, Formal Dining Room, In-law Quarters, Primary w/Ensuite, In-Law Floorplan
  • Main Level Bathrooms: 1
  • Window Features: Windows-Storm None
  • Room Bedroom2 Level: First
  • Room Bedroom4 Area: 154
  • Room Bedroom4 Level: Basement
  • Living Room Living Room Level: First
  • Room Family Room Level: First
  • Room Bedroom3 Area: 63
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 195
  • Room Living Room Area: 288
  • Room Bedroom3 Level: First
  • Room Kitchen Area: 136.5
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 15
  • Room Master Bedroom Area: 225
  • Room Dining Room Area: 169
  • Room Family Room Area: 225

Exterior Features

  • Lot Features: Level, Level Yard, Rolling, Other-See Remarks, City Lot
  • View: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Other
  • Exterior Features: Other
  • Roof: Shingle, Other

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: Other Garage-See Remarks, Carport-Double Detached

Utilities

  • Laundry Features: In Basement
  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Other
  • 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

Schools

  • High School: Franklin
  • Middle Or Junior School: Macon Middle

Lot Info

  • Lot Size Sq Ft: 104979.6
  • Parcel #: 6595027125

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1572.29
  • Tax Book Number: S-42

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 For Sale $975,000 +306.3% --
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®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26042000

APN: 6595027125