NOT LISTED FOR SALE

524 Chinquapin Mountain Rd Franklin, NC 28734

Estimated Value: $906,000 - $1,649,000

3 Beds
3.5 Baths
2,091 Sq Ft
$645/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $1,450,000 $693 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $7,447/month

17 Days on Market

Highlights

  • Gated Parking
  • 11.25 Acre Lot
  • Wooded Lot
  • Panoramic View
  • Deck
  • Traditional Architecture

About This Home

As of May 2024

Welcome to your dream mountain retreat! Nestled on 11.25+/- acres, this log-sided home offers breathtaking views. This estate feels secluded, while just being 12 minutes to Franklin Main Street. The property is paved to the door, with a circular drive and plenty of parking. Exterior features include a hot tub, gazebo, and fire pit absorbing unparalleled Blue Ridge mountain views.The interior of the home is a true post-and-beam, 3 bedrooms with en-suites, vaulted ceilings, hardwood floors, and plenty of natural light filling the main living space. Entertain in the open floor plan and gourmet kitchen, plenty of room prepping and hosting guest. Cozy up by the wood-burning fireplace or enjoy panoramic vistas through tinted windows. The main level primary suite boasts a luxurious bath. The lower level features a second fireplace, guest bed/bath, and a family room with a pool table. Double garage with extra storage. Seller has improved decking throughout, created additional parking and circular driveway, improved retaining wall, new AC units, and various repaints since purchase. Experience mountain living at its finest—schedule your viewing today!

Last Agent to Sell the Property

Spencer Kirkpatrick

Highlands Sotheby's International Realty - DT Brokerage Phone: 8285268300 Listed on: 03/15/2024

Highlands Sotheby's International Realty - DT

Last Buyer's Agent

Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,556

Year Built

  • Built in 2005

Lot Details

  • 11.25 Acre Lot
  • Home fronts a stream
  • Steep Slope
  • Cleared Lot
  • Wooded Lot

Parking

  • 2 Car Garage
  • Gated Parking

Property Views

  • Panoramic
  • Mountain

Home Design

  • Traditional Architecture
  • Frame Construction
  • Shingle Roof
  • Log Siding

Interior Spaces

  • Furnished or left unfurnished upon request
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Screened Porch
  • Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Balcony
  • Deck
  • Arbor

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7507533627

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,556

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 11.25
  • Subdivision Name: None
  • Directions: From US 441 N, take a left onto Brendle Rd and continue for 0.7miles to Chinquapin Mountain Road on the left. Follow Chinquapin Mountain Road to #524 Gate on the left.
  • Architectural Style: Log Home, Other, Traditional, Post and Beam
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 2005
  • Attribution Contact: 8285268300
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Oven, Microwave, Trash Compactor, Washer
  • Has Basement: Full, Finished, Heated, Bath/Stubbed
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Other, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Kitchen Island

Exterior Features

  • Lot Features: Cleared, Partially Cleared, Rolling Slope, Steep Slope, Wooded
  • View: Mountain(s), Panoramic
  • View: Yes
  • Waterfront Features: Stream
  • Construction Type: Frame, Log Siding
  • Exterior Features: Balcony, Other, Arbor
  • Foundation Details: Poured
  • Other Structures: Gazebo
  • Patio And Porch Features: Rear Porch, Covered, Deck, Front Porch, Porch, Screened, Balcony
  • Roof: Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Garage, Two Car Garage, Gated, Paved

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Septic Tank
  • Utilities: Other, Satellite Internet Available, See Remarks
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: None, Other
  • Association: No

Lot Info

  • Lot Size Sq Ft: 490050.0
  • Parcel #: 7507533627
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 3555.63
  • Tax Lot: N/A
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Apr 26, 2024
Sold by
Recanatesi Andrea
Bought by
Hipp Mark R and Hipp Barbara
Seller's Agent
Spencer Kirkpatrick
Highlands Sotheby's International Realty - DT
Buyer's Agent
Non Member
Non-Member Office
List Price
$1,549,999
Sold Price
$1,450,000
Premium/Discount to List
-$99,999
-6.45%
Views
21
Current Estimated Value
$1,348,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$101,459
Avg. Annual Appreciation
-4.85%

Purchase Details

Listed on
Apr 19, 2021
Closed on
May 24, 2021
Sold by
Piccarreta Jeffrey A and Piccarreta Teresa A
Bought by
Recanatesi Andrea
Buyer's Agent
Non Member
Non-Member Office
List Price
$899,000
Sold Price
$890,000
Premium/Discount to List
-$9,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.54%
Original Mortgage
$548,250
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hipp Mark R $1,450,000 None Listed On Document
Recanatesi Andrea $890,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Recanatesi Andrea $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2024 05/01/24 Sold $1,450,000 -6.5% $693 / Sq Ft
03/15/2024 03/15/24 For Sale $1,549,999 +74.2% $741 / Sq Ft
06/18/2021 06/18/21 Sold $890,000 -1.0% $426 / Sq Ft View Prior Sale
06/03/2021 06/03/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $899,000 +53.7% $430 / Sq Ft
09/14/2012 09/14/12 Sold $585,000 0.0% $162 / Sq Ft View Prior Sale
08/15/2012 08/15/12 Pending -- -- --
02/23/2012 02/23/12 For Sale $585,000 -- $162 / Sq Ft
Source: Highlands-Cashiers Board 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 $3,568 $971,680 $277,300 $694,380
2024 $3,568 $971,680 $277,300 $694,380
2023 $2,094 $971,680 $277,300 $694,380
2022 $2,094 $377,530 $74,360 $303,170
2021 $2,094 $377,530 $74,360 $303,170
2020 $1,999 $377,530 $74,360 $303,170
2018 $1,863 $371,380 $63,250 $308,130
2017 -- $371,380 $63,250 $308,130
2016 $1,863 $371,380 $63,250 $308,130
2015 -- $371,380 $63,250 $308,130
2014 $1,724 $460,180 $138,990 $321,190
2013 -- $460,180 $138,990 $321,190
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 103889

APN: 7507533627