50 Buddy Gap Rd Otto, NC 28763
Otto Neighborhood
2
Beds
2
Baths
1,470
Sq Ft
16.5
Acres
Highlights
- Barn
- 16.5 Acre Lot
- Hilly Lot
- RV Access or Parking
- Deck
- Partially Wooded Lot
About This Home
As of March 2025Wow!! That's what you will say when you walk into this immaculate, charming, historical farmhouse! Located a short distance outside of Franklin, NC, you are still convenient to everything! Only 15 minutes to Clayton, GA. Currently used as a short-term rental and being sold fully furnished. This 2 bedroom plus bonus room, turn-key investment is ready for you! The best part...it includes 16.5 acres of unrestricted property! Build another home or keep it for privacy. Large barn with upstairs loft area. Beautiful firepit area and several covered porches to rock the day away. Easy year-round, paved access. Don't miss this one!
Last Agent to Sell the Property
Sundog Realty Brokerage Phone: 8286316222 License #266270 Listed on: 01/23/2025
Last Buyer's Agent
Sundog Realty Brokerage Phone: 8286316222 License #266270 Listed on: 01/23/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,280
Year Built
- Built in 1916
Lot Details
- 16.5 Acre Lot
- Home fronts a stream
- Property fronts a state road
- Level Lot
- Hilly Lot
- Partially Wooded Lot
- Historic Home
Parking
- 1 Car Detached Garage
- RV Access or Parking
Home Design
- Farmhouse Style Home
- Metal Roof
- Wood Siding
Interior Spaces
- 1,470 Sq Ft Home
- Furnished or left unfurnished upon request
- Ceiling Fan
- Insulated Windows
- Window Treatments
- Insulated Doors
- Living Area on First Floor
- Bonus Room
- Workshop
- Crawl Space
- Property Views
Kitchen
- Breakfast Bar
- Gas Oven or Range
- Microwave
- Dishwasher
Flooring
- Wood
- Laminate
- Ceramic Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Deck
- Porch
Schools
- Franklin High School
Farming
- Barn
Utilities
- Ductless Heating Or Cooling System
- Mini Split Heat Pump
- Heating System Powered By Leased Propane
- Spring water is a source of water for the property
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 6580302936
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 23, 2025
Closed on
Mar 24, 2025
Sold by
Smith Phillip
Bought by
Dramis Joel A and Dramis Dawn O
Seller's Agent
Melissa Bush
Sundog Realty
Buyer's Agent
Melissa Bush
Sundog Realty
List Price
$420,000
Sold Price
$420,000
Views
129
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,176
Avg. Annual Appreciation
-3.30%
Original Mortgage
$336,000
Outstanding Balance
$335,435
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$79,389
Purchase Details
Listed on
Sep 29, 2023
Closed on
Nov 15, 2023
Sold by
Vann Travis Kennedy and Vann Sergio
Bought by
Smith Phillip
Seller's Agent
Melissa Mossbarger
Keller Williams Realty Of Franklin
Buyer's Agent
Melissa Bush
Sundog Realty
List Price
$389,000
Sold Price
$360,000
Premium/Discount to List
-$29,000
-7.46%
Views
143
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.19%
Original Mortgage
$324,000
Interest Rate
7.49%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 14, 2018
Closed on
Dec 12, 2018
Sold by
Hampton Thomas Allen and Hampton Debra Ann
Bought by
Kennedy Vann Travis
Seller's Agent
Lori Newton
RE/MAX Elite Realty
Buyer's Agent
Tom Mossbarger
Keller Williams Realty Of Franklin
List Price
$153,500
Sold Price
$153,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.87%
Original Mortgage
$138,150
Interest Rate
4.8%
Mortgage Type
New Conventional
Similar Homes in Otto, NC
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $420,000 | None Listed On Document | |
| Warranty Deed | $360,000 | None Listed On Document | |
| Warranty Deed | $153,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $336,000 | New Conventional | |
| Previous Owner | $324,000 | New Conventional | |
| Previous Owner | $138,150 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/24/2025 03/24/25 | Sold | $420,000 | 0.0% | $286 / Sq Ft |
| 02/21/2025 02/21/25 | Pending | -- | -- | -- |
| 01/23/2025 01/23/25 | For Sale | $420,000 | +16.7% | $286 / Sq Ft |
| 11/21/2023 11/21/23 | Sold | $360,000 | -2.4% | -- |
| 10/23/2023 10/23/23 | Pending | -- | -- | -- |
| 10/14/2023 10/14/23 | Price Changed | $369,000 | -5.1% | -- |
| 09/29/2023 09/29/23 | For Sale | $389,000 | +153.4% | -- |
| 12/17/2018 12/17/18 | Sold | $153,500 | 0.0% | -- |
| 11/17/2018 11/17/18 | Pending | -- | -- | -- |
| 06/14/2018 06/14/18 | For Sale | $153,500 | -- | -- |
Source: Carolina Smokies Association of REALTORS®
Tax History Compared to Growth
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 | $1,280 | $315,860 | $72,700 | $243,160 |
| 2023 | $881 | $197,870 | $64,720 | $133,150 |
| 2022 | $881 | $139,790 | $50,400 | $89,390 |
| 2021 | $881 | $154,590 | $50,400 | $104,190 |
| 2020 | $793 | $154,590 | $50,400 | $104,190 |
| 2018 | $644 | $132,700 | $50,400 | $82,300 |
| 2017 | $644 | $132,700 | $50,400 | $82,300 |
| 2016 | $644 | $132,700 | $50,400 | $82,300 |
| 2015 | -- | $132,700 | $50,400 | $82,300 |
| 2014 | $798 | $221,190 | $151,090 | $70,100 |
| 2013 | -- | $221,190 | $151,090 | $70,100 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Melissa Bush
Sundog Realty
(828) 231-8879
2 in this area
67 Total Sales
-
M
Seller's Agent in 2023
Melissa Mossbarger
Keller Williams Realty Of Franklin
(828) 342-8959
5 in this area
63 Total Sales
-
Seller's Agent in 2018
Lori Newton
RE/MAX
6 in this area
28 Total Sales
-
Buyer's Agent in 2018
Tom Mossbarger
Keller Williams Realty Of Franklin
(828) 342-8333
6 in this area
74 Total Sales
Map
Source: Carolina Smokies Association of REALTORS®
MLS Number: 26039756
APN: 6580302936
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