NOT LISTED FOR SALE

505 Ruby Knoll Ln Franklin, NC 28734

Estimated Value: $299,757

3 Beds
3 Baths
1,600 Sq Ft
$187/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $172,000 $108 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,997/month

76 Days on Market

Highlights

  • Open Floorplan
  • Valley View
  • Traditional Architecture
  • Deck
  • Partially Wooded Lot
  • Cathedral Ceiling

About This Home

As of November 2019

Nestled in the woods of beautiful Cowee Valley, this cozy 3 bedroom home features such amenities as gas log fireplace, bright sun-room, and a Master and 2nd bedroom on the main living level. A spiral staircase leads to the lower living space that features a second kitchen, den, bedroom, bath and laundry for your guest's comfort. The landscape offers beautiful wooded settings and view with longer range winter views. Recent updates include exterior painting, a new roof in 2018, and a new HVAC in 2016. As part of the Ruby Knoll Subdivision, additional niceties include road maintenance and central water. Single car garage access located in the lower level.

Last Agent to Sell the Property

Becky Ramey

Re/Max Elite Realty Brokerage Phone: 8283494600 License #244928 Listed on: 07/24/2019

Re/Max Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $678

Year Built

  • Built in 1989

Lot Details

  • 0.33 Acre Lot
  • Partially Wooded Lot

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Basement Garage

Home Design

  • Traditional Architecture
  • Metal Roof
  • Wood Siding
  • Cedar

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Window Screens
  • Workshop
  • Sun or Florida Room
  • Screened Porch
  • Valley Views
  • Washer

Kitchen

  • Country Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Workshop
  • Finished Basement Bathroom
  • Laundry in Basement

Outdoor Features

  • Deck
  • Terrace

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 6598621667

Home Details

Home Type

Single Family

Est. Annual Taxes

$678

Year Built

Built in 1989

Lot Details

0

HOA Fees

$33 per month

Parking

1

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.33
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Directions: Take NC-28 (Bryson City Road) to a RIGHT onto Cowee Creek Rd (At split after Cowee Baptist Church) for 1.4 miles, then turn LEFT onto Ruby Cir/Ruby Knoll Ln. for about .4 miles. (at split/fork stay to middle and follow pointer signs) House is on the LEFT at LA sign at #505
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1989
  • Kitchen Level: First
  • Attribution Contact: 8283494600
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Microwave, Dishwasher, Electric Oven/Range, Washer, Gas Oven/Range, Exhaust Fan, Refrigerator
  • Has Basement: Full, Heated, Exterior Entry, Interior Entry, Finished Bath, Lower/Terrace, Recreation/Game Room, Washer/Dryer Hook-up, Finished, Workshop
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Combination, Ceramic Tile
  • Interior Amenities: Cathedral/Vaulted Ceiling, In-law Quarters, Primary on Main Level, Pantry, Kitchen Island, Living/Dining Room, Sunroom, Workshop, Kitchen/Dining Room, Country Kitchen, Primary w/Ensuite, Open Floorplan, In-Law Floorplan
  • Living Area: 1600
  • Main Level Bathrooms: 2
  • Window Features: Screens
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Room Family Room Level: Basement
  • Room Bedroom3 Area: 127.68
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 150
  • Room Living Room Area: 310
  • Room Bedroom3 Level: Basement
  • Room Kitchen Area: 138
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 12
  • Room Master Bedroom Area: 146.4
  • Room Dining Room Area: 72
  • Room Family Room Area: 256.025

Exterior Features

  • View: Valley, View-Winter, Short Range View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding, Cedar
  • Patio And Porch Features: Screened Porch/Deck, Deck, Porch
  • Roof: Metal

Garage/Parking

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

Utilities

  • Laundry Features: In Basement
  • Cooling: Central Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Propane, Heat Pump, Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Community
  • Gas Company: Propane Tank: Owned

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 14374.8
  • Parcel #: 6598621667
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 677.57
  • Tax Book Number: N-35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2023
Sold by
Sapp James H and Sapp Carol P
Bought by
Lowery Chad J and Lowery Gene V
Current Estimated Value
$299,757

Purchase Details

Closed on
Jun 5, 2023
Sold by
Perdue Sharon Lynn
Bought by
Macon County

Purchase Details

Listed on
Jul 24, 2019
Closed on
Nov 7, 2019
Sold by
Pace Talmadge A
Bought by
Perdue Sharon Lynn
Seller's Agent
Becky Ramey
Re/Max Elite Realty
List Price
$172,000
Sold Price
$172,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2013
Sold by
Pace Talmadge A and Pace Priscilla M
Bought by
Pace Talmadge A and Pace Priscilla M
Source: Public Records

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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
Lowery Chad J -- None Listed On Document
Macon County -- None Listed On Document
Perdue Sharon Lynn $172,000 None Available
Pace Talmadge A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perdue Sharon Lynn $137,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2019 11/08/19 Sold $172,000 0.0% $108 / Sq Ft
10/09/2019 10/09/19 Pending -- -- --
07/24/2019 07/24/19 For Sale $172,000 -- $108 / 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
2022 $810 $136,460 $9,290 $127,170
2021 $810 $136,460 $9,290 $127,170
2020 $775 $136,460 $9,290 $127,170
2018 $0 $126,840 $9,870 $116,970
2017 $0 $126,840 $9,870 $116,970
2016 $678 $126,840 $9,870 $116,970
2015 $655 $126,840 $9,870 $116,970
2014 $632 $154,170 $20,980 $133,190
2013 -- $154,170 $20,980 $133,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26012974

APN: 6598621667