NOT LISTED FOR SALE

497 Tanasi Ln Franklin, NC 28734

Estimated Value: $441,000 - $615,000

3 Beds
3 Baths
1,586 Sq Ft
$314/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $260,000 $164 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,765/month

147 Days on Market

Highlights

  • Barn
  • Open Floorplan
  • Private Lot
  • 3.85 Acre Lot
  • Wood Burning Stove
  • Recreation Room

About This Home

As of September 2016

DROPPED $15,000! LET'S MAKE A DEAL! Once in a lifetime opportunity. 3.85 +/- usable Acres with nearly 500 Feet of Little TN River frontage. Also bordered by a stream. Log Sided Home w/Huge Screen Porches, Security System,2 BR + Bonus Rm, 2 BA main level. Bonus Room 16.1 X 11.3 lower level w/Full Bath plus a Large Workshop with Garage Door & high ceilings. 100 Year Flood Plain by the River, far from the home. Sliding Doors from Master Suite to Screen Porch provides view of the River. Baseboard Heat and Wood Burning Stove on Main. Central Air. 3 Car Garage and 12 X 12 shed. Perfect property for outdoor entertaining! Dock for River Access. Adjoining Property w/water rights is available.

Last Agent to Sell the Property

Kathy Clifton

Bald Head Realty Brokerage Phone: 8283690000 License #189386 Listed on: 03/28/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $936

Year Built

  • Built in 1980

Lot Details

  • 3.85 Acre Lot
  • Home fronts a stream
  • Private Lot
  • Level Lot
  • Open Lot

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Home Design

  • Log Cabin
  • Rustic Architecture
  • Entry on the 1st floor
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1,586 Sq Ft Home
  • Open Floorplan
  • Furnished or left unfurnished upon request
  • Wood Burning Stove
  • Stone Fireplace
  • Window Treatments
  • Window Screens
  • Living Area on First Floor
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Workshop
  • Valley Views
  • Home Security System

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub Includes Tile Surround

Laundry

  • Laundry on main level
  • Washer

Finished Basement

  • Heated Basement
  • Partial Basement
  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Workshop
  • Finished Basement Bathroom

Outdoor Features

  • Outdoor Storage
  • Outbuilding
  • Porch

Utilities

  • Central Air
  • Heating System Uses Wood
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Handicap Accessible
  • In Flood Plain
  • Barn

Community Details

  • No Home Owners Association
  • Prime Properties Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6596262153

Home Details

Home Type

Single Family

Est. Annual Taxes

$936

Year Built

Built in 1980

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 3.85
  • Road Surface Type: Paved
  • Ownership: More than One Year
  • Subdivision Name: Prime Properties
  • Directions: Hwy. 28 North 3 miles, turn right on Sanderstown Road. Go 2 miles, turn right on Tanasi Lane. Follow to #497 on right, circular paved driveway.
  • Architectural Style: Log, Cabin
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Year Built: 1980
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8283690000
  • Special Features: None

Interior Features

  • Furnished: Negotiable
  • Appliances: Electric Water Heater, Trash Compactor, Dishwasher, Microwave, Electric Oven/Range, Refrigerator, Washer
  • Accessibility Features: Interior Handicapped Accessible, Exterior Handicapped Accessible
  • Has Basement: Partial, Finished, Heated, Recreation/Game Room, Workshop, Exterior Entry, Finished Bath
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning Stove, Stone
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Ceramic Tile Bath, Open Floorplan, Walk-In Closet(s), Workshop, Rec/Game Room, Breakfast Bar, Kitchen/Dining Room, Primary on Main Level, Main Level Living
  • Living Area: 1586
  • Main Level Bathrooms: 2
  • Window Features: Screens, Window Treatments
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 139.24
  • Master Bedroom Master Bedroom Level: First
  • Room Office Level: Basement
  • Room Bedroom2 Area: 150.96
  • Room Living Room Area: 241.2
  • Room Bedroom3 Level: First
  • Room Kitchen Area: 224
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 12
  • Room Master Bedroom Area: 168

Exterior Features

  • Lot Features: Private, Level, Flood Plain, Open Lot, Other-See Remarks, Level Yard
  • View: View-Winter, Short Range View, Valley
  • View: Yes
  • Waterfront Features: Stream/Creek
  • Home Warranty: No
  • Construction Type: Log
  • Exterior Features: Rustic Appearance
  • Other Structures: Storage Building/Shed, Outbuilding/Workshop, Barn(s)
  • Patio And Porch Features: Porch
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Garage-Triple Detached, Garage Door Opener

Utilities

  • Laundry Features: First Level
  • Security: Security System
  • Cooling: Central Electric
  • Cooling Y N: Yes
  • Heating: Electric, Wood, Baseboard, Other
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 167706
  • Parcel #: 6596262153
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 936.5
  • Tax Book Number: Y-31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2022
Sold by
Pierotti Ralph A and Pierotti Mary A
Bought by
Tolbert Kevin L and Tolbert Melissa N
Current Estimated Value
$498,650

Purchase Details

Listed on
Mar 28, 2016
Closed on
Sep 23, 2016
Sold by
Margaret M Pelton
Bought by
Pierotti Ralph and Pierotti Mary
Seller's Agent
Kathy Clifton
Bald Head Realty
List Price
$260,000
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$208,000
Interest Rate
3.48%

Purchase Details

Closed on
May 18, 2007
Sold by
Pelton Donald W and Pelton Margaret M
Bought by
Pelton Donald W and Pelton Margaret M
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
Tolbert Kevin L -- --
Pierotti Ralph -- --
Pelton Donald W -- None Available
Pelton Donald W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pierotti Ralph $208,000
Previous Owner Pierotti Ralph --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2016 09/23/16 Sold $260,000 0.0% $164 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $260,000 -- $164 / 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
2025 $1,456 $376,850 $96,430 $280,420
2024 -- $376,850 $96,430 $280,420
2023 $1,367 $376,950 $96,430 $280,520
2022 $1,367 $256,070 $87,320 $168,750
2021 $1,325 $267,870 $87,320 $180,550
2020 $1,258 $267,870 $87,320 $180,550
2018 $958 $213,850 $69,850 $144,000
2017 $958 $213,850 $69,850 $144,000
2016 $937 $213,850 $69,850 $144,000
2015 $914 $213,850 $69,850 $144,000
2014 $937 $279,890 $104,560 $175,330
2013 -- $279,890 $104,560 $175,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26001318

APN: 6596262153