NOT LISTED FOR SALE

5205 Lower Burningtown Rd Franklin, NC 28734

Estimated Value: $186,000 - $697,000

2 Beds
2 Baths
580 Sq Ft
$690/Sq Ft Est. Value

Last Sold February 16, 2023

Last sale price $129,900 $224 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $2,313/month

3 Days on Market

Highlights

  • Horses Allowed On Property
  • 1.84 Acre Lot
  • Valley View
  • Custom Home
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of February 2023

The adage "location, location, location" is the honest truth for this fixer upper. Nested in highly sought after Burningtown, the land boarders Burningtown Creek with the house sitting across the road. The creek is bold, pristine and stocked with trout and home to an amazing diversity of wildlife including including herons, bald eagles, ducks, otters, reptiles and amphibians. This is nature in the raw. Stunning valley views can be seen from any direction of the property which boarders rolling hills with quintessential views of old rural America complete with old barns and cattle grazing. Deer and turkey are a staple in plain view along Lower Burningtown Rd. The Little Tennessee River is a short 5 miles down the road for unbelievable recreation. The house was built in approximately 1997 and the old logs in the living room area and stairwell were deconstructed from a previous home and refurbished and built into this home. Wood destroying insects have caused considerable damage to some areas under the house. There are also obvious foundation issues as well. If fixing up homes is your thing or thinking of a tear down and rebuild in that perfect setting this is the property!

Last Listed By

Matthew Iannuzzi

Unique Properties Of Franklin Brokerage Phone: 8283494700 License #297053 Listed on: 01/29/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,100

Year Built

  • Built in 1998

Lot Details

  • 1.84 Acre Lot
  • Home fronts a stream
  • Property fronts a state road
  • Level Lot
  • Open Lot

Parking

  • No Garage

Home Design

  • Custom Home
  • Log Cabin
  • Rustic Architecture
  • Metal Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors
  • Bonus Room
  • Carpet
  • Valley Views
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Propane
  • Heating System Powered By Leased Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Deck
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 6566497569

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,100

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 1.84
  • Road Frontage Type: State Road
  • Ownership: More than One Year
  • Directions: Take Bryson City Rd (Hwy 28) and turn onto Iotla Church Rd. Road will change names from Iotla Church to Burningtown Rd. Stay straight past the airport and keep on Burningtown Rd. Stay straight and pass by Middle Burningtown Rd. The name will change to Lower Burningtown Rd. Pass Burningtown Baptist Church on the left the the house will be on the right.
  • Architectural Style: Log, Custom, Other-See Remarks
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1998
  • Attribution Contact: 8283494700
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Other-See Remarks
  • Has Basement: Crawl Space, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Doors-Insulated, Other Doors (See Remarks)
  • Fireplace Features: Gas Log, Other
  • Fireplace: Yes
  • Flooring: Carpet, Combination, Other-See Remarks
  • Interior Amenities: Bonus Room, Large Master Bedroom, Other
  • Window Features: Insulated Windows, Other Windows (See Remarks)
  • Room Bedroom2 Level: Second
  • Master Bedroom Master Bedroom Level: First

Exterior Features

  • Lot Features: Level, Level Yard, Open Lot, Suitable for Horses
  • View: Long Range View, Valley, View Year Round
  • View: Yes
  • Waterfront Features: Stream/Creek
  • Home Warranty: No
  • Construction Type: Log, Wood Siding
  • Exterior Features: Rustic Appearance, Other
  • Patio And Porch Features: Deck
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Propane, Other
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Gas Company: Propane Tank: Leased

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 80150.4
  • Parcel #: 6566497569
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1100.48
  • Tax Book Number: M-34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2023
Closed on
Feb 16, 2023
Sold by
Kirkland Elija D and Ni Nyoman
Bought by
Anderson Mark Scott and Hall Jill Ann
Seller's Agent
Matthew Iannuzzi
Unique Properties Of Franklin
List Price
$129,900
Sold Price
$129,900
Total Days on Market
3
Views
45
Current Estimated Value
$400,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,555
Avg. Annual Appreciation
62.46%

Purchase Details

Closed on
Aug 15, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Nyoman Kirkland Elija D and Nyoman Sugiantini Ni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,210
Interest Rate
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2010
Sold by
Barrilleaux Don R and Barrilleaux Dawn T
Bought by
Federal Home Loan Mortgage Corporation
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
Anderson Mark Scott $130,000 --
Nyoman Kirkland Elija D -- None Available
Federal Home Loan Mortgage Corporation -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nyoman Kirkland Elija D $90,210
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2023 02/16/23 Sold $129,900 0.0% $224 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
01/29/2023 01/29/23 For Sale $129,900 -- $224 / 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
2024 $893 $221,950 $40,710 $181,240
2023 $1,100 $221,950 $40,710 $181,240
2022 $1,100 $192,490 $26,310 $166,180
2021 $1,081 $192,490 $26,310 $166,180
2020 $1,033 $192,490 $26,310 $166,180
2018 $1,020 $205,650 $29,230 $176,420
2017 $1,020 $205,650 $29,230 $176,420
2016 $991 $205,650 $29,230 $176,420
2015 $968 $205,650 $29,230 $176,420
2014 $843 $221,420 $33,670 $187,750
2013 -- $221,420 $33,670 $187,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26029572

APN: 6566497569