NOT LISTED FOR SALE

429 Franklin Rd Highlands, NC 28741

Estimated Value: $504,868 - $606,000

1 Bed
1 Bath
-- Sq Ft
0.5 Acres

Last Sold April 12, 2024

Last sale price $475,000

Est. 15% increase in value since last sale

Current estimated payment $3,036/month

16 Days on Market

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • No HOA
  • Deck
  • Furnished
  • Covered Patio or Porch

About This Home

As of April 2024

Welcome to Vern's Cabin! This affordable 1BR/1BA home in town is move in ready! Currently a popular rental on VRBO, you can either leave it on the rental market or enjoy it as your own personal mountain retreat and experience all the magnificent amenities living in downtown Highlands offers. Master BR is large enough for a king size bed. Easy to maintain with all electric utilities and encapsulated crawl space. Located off the main road so that you still have plenty of privacy. What's not to love about this little treasure! Don't wait too long or it will be gone.

Last Agent to Sell the Property

DEBRA D ROGERS

Country Club Properties Brokerage Phone: 8285262520 Listed on: 03/16/2024

Last Buyer's Agent

Craig Berry (MLS Only)

Highlands Sotheby's International Realty - DT

Highlands Sotheby's International Realty - DT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,541

Year Built

  • Built in 1976

Lot Details

  • 0.5 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Block Exterior

Interior Spaces

  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room with Fireplace
  • Laminate Flooring
  • Views of Woods
  • Dryer

Kitchen

  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating Available
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Brookside Park Subdivision

Listing and Financial Details

  • Tax Lot 3A-3B
  • Assessor Parcel Number 7540-12-77-79

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,541

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Road Surface Type: Paved
  • Subdivision Name: Brookside Park
  • Directions: West on Main St., pass the bridge to The Bascom and look for 429 on the Right.
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1976
  • Attribution Contact: 8285262520
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Refrigerator, Washer
  • Has Basement: Crawl Space, Exterior Entry, Encapsulated, Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Free Standing, Living Room, Other
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s)
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Partially Cleared, Rolling Slope, Wooded
  • View: Trees/Woods
  • View: Yes
  • Disclosures: Licensed Vacation Rental
  • Construction Type: Block, Frame, Wood Siding
  • Foundation Details: Block
  • Patio And Porch Features: Balcony, Rear Porch, Covered, Deck, Front Porch
  • Roof: Shingle

Garage/Parking

  • Parking Features: Gravel, Parking Lot

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Trails/Paths
  • Association: No

Lot Info

  • Lot Size Sq Ft: 21780.0
  • Parcel #: 7540-12-77-79
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1541.38
  • Tax Lot: 3A-3B
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2024
Closed on
Apr 12, 2024
Sold by
Moore Edward J and Moore Kay M
Bought by
Vann Stephen and Vann Courtney
Seller's Agent
DEBRA D ROGERS
Country Club Properties
Buyer's Agent
Craig Berry (MLS Only)
Highlands Sotheby's International Realty - DT
List Price
$475,000
Sold Price
$475,000
Views
14
Current Estimated Value
$548,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,217
Avg. Annual Appreciation
10.03%
Original Mortgage
$427,500
Outstanding Balance
$421,185
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$127,032
Source: Public Records

Range of Values:

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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
Vann Stephen $475,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vann Stephen $427,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2024 04/12/24 Sold $475,000 0.0% --
04/02/2024 04/02/24 Pending -- -- --
03/16/2024 03/16/24 For Sale $475,000 +313.0% --
11/10/2015 11/10/15 Sold $115,000 -8.0% -- View Prior Sale
09/16/2015 09/16/15 Pending -- -- --
08/21/2015 08/21/15 For Sale $125,000 -- --
Source: Highlands-Cashiers Board 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
2025 $1,553 $376,480 $150,000 $226,480
2024 $1,553 $366,310 $150,000 $216,310
2023 $1,376 $366,310 $150,000 $216,310
2022 $1,376 $216,240 $117,600 $98,640
2021 $1,376 $216,240 $117,600 $98,640
2020 $1,322 $216,240 $117,600 $98,640
2018 $1,099 $191,610 $125,000 $66,610
2017 -- $191,610 $125,000 $66,610
2016 $1,492 $266,610 $200,000 $66,610
2015 $770 $266,610 $200,000 $66,610
2014 $613 $247,150 $170,000 $77,150
2013 -- $247,150 $170,000 $77,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 103904

APN: 7540127779