NOT LISTED FOR SALE

511 Rainbow Falls Rd Franklin, NC 28734

Estimated Value: $535,229 - $607,000

4 Beds
4 Baths
2,400 Sq Ft
$234/Sq Ft Est. Value

Last Sold February 18, 2014

Last sale price $218,000 $91 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $3,051/month

290 Days on Market

Highlights

  • 4.78 Acre Lot
  • Contemporary Architecture
  • Multiple Fireplaces
  • Deck
  • Private Lot
  • Wooded Lot

About This Home

As of February 2014

CUSTOM VACATION HOME,OAK FLOOR MAIN & UPPER LEVEL,BERBER CARPET LOWER LEVEL,T&G CEILING LR,BDRMS, LOTS OF CLOSET SPACE, LARGE WINDOWS,LOTS OF LIGHT, ROCK FP LR & MASTER, VAULTED CEILING LR, CERAMIC TILE BATH MASTER,COVERED DECKS OFF 3 BDRMS, 6.6X42 DECK OFF LR & KITCHEN. SOLID SURFACE COUNTER TOPS KITCHEN,JENN-AIR STOVE & MICROWAVE, WHIRLPOOL REF & DISHWASHER,2 SPRINGS ON PROPERTY,RIDGE TOP VIEWS OF RAINBOW MTN/NATAHALA EAST RIDGE & STANDING INDIAN MOUNTAIN, COMMON AREA W/PATH TO WATERFALL.

Last Agent to Sell the Property

Bill Thrasher

Keller Williams Realty Of Franklin Brokerage Phone: 8285240100 License #228148 Listed on: 04/03/2013

Keller Williams Realty Of Franklin

Last Buyer's Agent

Kelly Penland

Bald Head Realty License #276321

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,287

Year Built

  • Built in 1997

Lot Details

  • 4.78 Acre Lot
  • Private Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Rustic Architecture
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Stone Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Living Area on First Floor
  • Breakfast Room
  • Formal Dining Room
  • Washer
  • Property Views

Kitchen

  • Electric Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary bedroom located on second floor
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms
  • Bathtub Includes Tile Surround

Finished Basement

  • Heated Basement
  • Partial Basement
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Spring water is a source of water for the property
  • Well
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Rainbow Falls Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6531183585

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,287

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 4.78
  • Road Frontage Type: Property Owners' Assoc, Community
  • Road Surface Type: Paved, Gravel
  • Ownership: More than One Year
  • Subdivision Name: Rainbow Falls
  • Directions: FROM FRANKLIN, TAKE 64 WEST ABOUT 13 MILES TO RIGHT ON RAINBOW FALLS ROAD,FIRST GATE,UP THE HILL TO 511 RAINBOW FALLS ROAD ON THE RIGHT, SIGN IN YARD.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1997
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Dishwasher, Freezer, Exhaust Fan, Microwave, Electric Oven/Range, Refrigerator, Washer
  • Other Equipment: Satellite Dish
  • Has Basement: Partial, Finished, Heated, Exterior Entry, Interior Entry, Washer/Dryer Hook-up
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: Doors-Insulated
  • Fireplace Features: Wood Burning, Stone, Two or More
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Ceramic Tile
  • Interior Amenities: Ceramic Tile Bath, Cathedral/Vaulted Ceiling, Split Bedroom, Large Master Bedroom, Walk-In Closet(s), Breakfast Room, Formal Dining Room, Pantry, Primary on Main Level, Main Level Living, Ceiling Fan(s)
  • Living Area: 2400
  • Main Level Bathrooms: 1
  • Window Features: Insulated Windows, Screens, Window Treatments
  • Room Bedroom2 Level: Second
  • Room Bedroom4 Area: 108
  • Room Bedroom4 Level: Basement
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 139.2
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom2 Area: 139.2
  • Room Living Room Area: 336
  • Room Bedroom3 Level: First
  • Room Kitchen Area: 132
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 16
  • Room Master Bedroom Area: 240
  • Room Dining Room Area: 184.96

Exterior Features

  • Lot Features: Private, Wooded, Elevation over 3000
  • View: View-Winter
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Rustic Appearance
  • Patio And Porch Features: Porch, Deck
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage-Double Attached, Garage Door Opener

Utilities

  • Laundry Features: In Basement
  • Cooling: Central Electric
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Sewer Available
  • Water Source: Well, Spring

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 208216.8
  • Parcel #: 6531183585
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1286.91
  • Tax Book Number: N-21
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2014 02/18/14 Sold $218,000 0.0% $91 / Sq Ft
01/19/2014 01/19/14 Pending -- -- --
04/03/2013 04/03/13 For Sale $218,000 -- $91 / 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 $1,361 $389,290 $42,420 $346,870
2024 $1,361 $389,290 $42,420 $346,870
2023 $1,069 $389,390 $42,420 $346,970
2022 $1,069 $203,480 $31,860 $171,620
2021 $1,069 $203,480 $31,860 $171,620
2020 $1,018 $203,480 $31,860 $171,620
2018 $1,011 $219,630 $38,430 $181,200
2017 $1,011 $219,630 $38,430 $181,200
2016 $1,011 $219,630 $38,430 $181,200
2015 $988 $219,630 $38,430 $181,200
2014 $1,287 $362,660 $57,640 $305,020
2013 -- $362,660 $57,640 $305,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 52086

APN: 6531183585