NOT LISTED FOR SALE

503 Waterfall Dr Franklin, NC 28734

Estimated Value: $412,000 - $552,000

3 Beds
4 Baths
2,112 Sq Ft
$234/Sq Ft Est. Value

Last Sold April 20, 2015

Last sale price $290,000 $137 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,724/month

293 Days on Market

Highlights

  • 7.09 Acre Lot
  • Hilly Lot
  • Recreation Room
  • Open Floorplan
  • Private Lot
  • Traditional Architecture

About This Home

As of April 2015

ATWATER FALLS - THE NAME SAYS IT ALL. Incredible setting for this custom home nestled in a cove with both a rushing boulder laden creek and separate LARGE (approx 50+feet) falls. No other setting like this that I've seen. Walk down to the creek at the bottom of the drop and get in the falls...or just sit and relax on the wonderful covered deck and enjoy the sights and sounds. 3 bedrooms, 2 full baths and 2 half baths and 2 additional sleeping areas give plenty of room for guests/family. This is an ACTIVE and MUCH DESIRED VACATION RENTAL w/ many reservations. Well priced for paradise!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,167

Year Built

  • Built in 1995

Lot Details

  • 7.09 Acre Lot
  • Private Lot
  • Hilly Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Cabin
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,112 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Stone Fireplace
  • Insulated Windows
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Property Views

Kitchen

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

Flooring

  • Pine Flooring
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Exterior Basement Entry
  • Recreation or Family Area in Basement

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Shared Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Corundum Hills Subdivision
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 7513965122

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,167

Year Built

Built in 1995

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 7.09
  • Road Frontage Type: Other
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Subdivision Name: Corundum Hills
  • Directions: Highlands road - East. To left on Corundum Hill. Into Corundum Hill Estates and up hill. Stay Straight onto Mtn. Laurel. Quick Right onto Waterfall. 1/2 mile to 503/507 on right @ stone pillars/wood gate. Follow drive down and around to right to home at end. There is a TIGHT Turn to Left as you approach the house-may need to do K turn-unless you have short wheel base/tight turn radius.
  • Architectural Style: Traditional, Cabin
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 1995
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8285249000
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Dishwasher, Microwave, Electric Oven/Range, Refrigerator, Washer
  • Has Basement: Full, Partial, Finished, Heated, Recreation/Game Room, Exterior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Doors-Insulated/Storm
  • Fireplace Features: Wood Burning, Stone
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Pine
  • Interior Amenities: Cathedral/Vaulted Ceiling, Open Floorplan, Large Master Bedroom, Rec/Game Room, Breakfast Bar, Kitchen/Dining Room, Pantry, Primary on Main Level
  • Living Area: 2112
  • Main Level Bathrooms: 2
  • Window Features: Windows-Insulated/Storm
  • Room Bedroom2 Level: Second
  • Room Bedroom4 Area: 131.75
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Room Family Room Level: Basement
  • Room Bedroom3 Area: 134.3333
  • Master Bedroom Master Bedroom Level: First
  • Room Office Level: First
  • Room Office Area: 110.5
  • Room Bedroom2 Area: 152.1667
  • Room Living Room Area: 315
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 271.6667
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 14.6667
  • Room Master Bedroom Area: 180.8889
  • Room Family Room Area: 551.5625

Exterior Features

  • Lot Features: Private, Hilly/Steep, Other-See Remarks
  • View: View-Winter, View Year Round
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Other
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage-Single Attached

Utilities

  • Laundry Features: First Level
  • Cooling: Central Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Propane, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Shared Well
  • Gas Company: Propane Tank: Leased

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 308840.4
  • Parcel #: 7513965122
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1167.15
  • Tax Book Number: v-20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 1995
Sold by
Bloemsma Andrew
Bought by
Jenkins Michael
Current Estimated Value
$494,638
Source: Public Records

Range of Values:

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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
Jenkins Michael $25,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2015 04/20/15 Sold $290,000 0.0% $137 / Sq Ft
03/21/2015 03/21/15 Pending -- -- --
05/31/2014 05/31/14 For Sale $290,000 -- $137 / 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 $1,218 $345,420 $37,060 $308,360
2024 $1,218 $345,420 $37,060 $308,360
2023 $1,123 $345,420 $37,060 $308,360
2022 $1,123 $215,100 $20,300 $194,800
2021 $1,088 $215,100 $20,300 $194,800
2020 $1,034 $215,100 $20,300 $194,800
2018 $1,037 $233,990 $25,070 $208,920
2017 $1,037 $233,990 $25,070 $208,920
2016 $1,037 $233,990 $25,070 $208,920
2015 $1,014 $233,990 $25,070 $208,920
2014 $957 $275,830 $53,280 $222,550
2013 -- $275,830 $53,280 $222,550
Source: Public Records

Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 54114

APN: 7513965122