NOT LISTED FOR SALE

501 Leatherman Raby Rd Franklin, NC 28734

Estimated Value: $557,000

4 Beds
2.5 Baths
2,854 Sq Ft
$195/Sq Ft Est. Value

Last Sold January 13, 2020

Last sale price $425,000 $149 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,067/month

333 Days on Market

Highlights

  • Barn
  • River Front
  • New Kitchen
  • Spa
  • 6.03 Acre Lot
  • Deck

About This Home

As of January 2020

Beautifully restored 109 year old farmhouse. Old farm house appeal w/all the updates. Updated electric, HVAC, water heater, new bathrooms, water filtration system, well. Kitchen has all new stainless steel Frigidaire appliances, farm sink, custom cabinets, real 1 1/2" hardwood counter-tops, adjoining dining room w/wood fireplace & double doors leading to a deck. Oak hardwood floors throughout main & upper levels. Two master bedrooms on main both w/ updated en-suite bathrooms including new vanities, custom laid tile floors/showers. Larger master has amazing view & his/her vanities. 1/2 bath for guests also updated. Two addtl bedrooms located upstairs. This home has great space for entertaining, formal sitting room w/ large window & rustic original brick fireplace, the perfect place to unwind. Spacious Living Room w/ an incredible view & doors onto a veranda w/stairs leading to a level yard. Lower level family room/game room has a gas fireplace & doors to lower terrace/yard with a hot tub. Usable barn has a new roof & 4 stalls. Fenced in pasture so bring the goats or cattle. Property backs up to Rose Creek River. Unique private paradise.

Last Agent to Sell the Property

Evan Harrell

RE/MAX Elite Realty Brokerage Phone: 8283494600 License #280365 Listed on: 01/14/2019

RE/MAX Elite Realty

Last Buyer's Agent

Board Member Non

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,163

Year Built

  • Built in 1910

Lot Details

  • 6.03 Acre Lot
  • River Front
  • Property fronts a state road
  • Fenced Yard
  • Private Lot
  • Level Lot
  • Historic Home

Parking

  • No Garage

Home Design

  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 2,854 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Great Room
  • Combination Kitchen and Dining Room
  • Workshop
  • Sun or Florida Room
  • Water Views
  • Washer and Dryer Hookup

Kitchen

  • New Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Bathtub Includes Tile Surround

Basement

  • Partial Basement
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement with some natural light

Outdoor Features

  • Spa
  • Deck
  • Terrace
  • Outdoor Storage
  • Outbuilding

Farming

  • Barn
  • Pasture

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Wood
  • Heat Pump System
  • Water Filtration System
  • Private Water Source
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 6587352781

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,163

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 6.03
  • Road Frontage Type: State Road
  • Ownership: More than One Year
  • Directions: 28 North to LEFT on Leatherman Raby Road, (across from Cowee Church and before the gas station). Follow Leatherman Raby and bear left at the Y. Stay left as it curves around to the end of the road.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Structure Type: Historical
  • Year Built: 1910
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8283494600
  • Special Features: None

Interior Features

  • Spa Features: Hot Tub/Spa
  • Private Spa: Yes
  • Appliances: Electric Water Heater, Microwave, Dishwasher, Water Filter System, Electric Oven/Range, Refrigerator
  • Has Basement: Exterior Entry, Partial, Daylight, Interior Entry, Finished Bath, Lower/Terrace, Recreation/Game Room, Washer/Dryer Hook-up
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Doors-Storm None
  • Fireplace Features: Basement, Wood Burning, Two or More, Gas Log
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Large Master Bedroom, Primary on Main Level, New Kitchen, Sunroom, Workshop, Ceramic Tile Bath, Kitchen/Dining Room, Ceiling Fan(s), Great Room, Primary w/Ensuite
  • Living Area: 2854
  • Room Bedroom2 Level: First
  • Room Bedroom4 Area: 175.5
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Room Family Room Level: Basement
  • Room Bedroom3 Area: 188.5
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 150
  • Room Living Room Area: 253.5
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 305.5
  • Master Bedroom Master Bedroom Width: 12
  • Room Master Bedroom Area: 228
  • Room Family Room Area: 465

Exterior Features

  • Fencing: Fenced Yard
  • Lot Features: Level Yard, Private, Pasture, Unrestricted
  • View: Long Range View, View Year Round, Water
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: HardiPlank Type
  • Other Structures: Outbuilding/Workshop, Barn(s), Storage Building/Shed
  • Patio And Porch Features: Deck
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, None-Carport

Utilities

  • Cooling: Central Electric, Three Zone
  • Cooling Y N: Yes
  • Heating: Electric, Wood, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 262666.8
  • Parcel #: 6587352781
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1162.52
  • Tax Book Number: G-33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2023
Sold by
Richardson William J and Richardson Kelly E
Bought by
Patterson Calhoun J and Smith Calhoun Sylvia
Current Estimated Value
$557,000

Purchase Details

Listed on
Jan 14, 2019
Closed on
Jan 6, 2020
Sold by
Southerland Christopher R and Southerland Theresa D
Bought by
Richardson William J and Richardson Kelly E
Seller's Agent
Evan Harrell
RE/MAX Elite Realty
Buyer's Agent
Board Member Non
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2010
Sold by
Franklin Cemetry Assn
Bought by
Angel Carol

Purchase Details

Closed on
Aug 31, 2009
Sold by
Leatherman Charles D and Leatherman Melissa M
Bought by
Southerland Christopher R and Southerland Theresa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.14%
Mortgage Type
Commercial
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
Patterson Calhoun J $4,000 None Listed On Document
Richardson William J $425,000 None Available
Angel Carol $2,500 --
Southerland Christopher R $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richardson William J $225,000
Previous Owner Southerland Christopher R $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2020 01/13/20 Sold $425,000 0.0% $149 / Sq Ft
12/14/2019 12/14/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $425,000 -- $149 / 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
2023 $1,370 $365,540 $87,490 $278,050
2022 $1,331 $230,810 $54,760 $176,050
2021 $1,331 $237,810 $54,760 $183,050
2020 $1,279 $237,810 $54,760 $183,050
2018 $1,288 $259,640 $61,510 $198,130
2017 $638 $259,640 $61,510 $198,130
2016 $1,288 $259,640 $61,510 $198,130
2015 $1,265 $259,640 $61,510 $198,130
2014 $1,448 $379,060 $163,100 $215,960
2013 -- $379,060 $163,100 $215,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26010765

APN: 6587352781