NOT LISTED FOR SALE

532 Queen Branch Rd Franklin, NC 28734

Estimated Value: $506,000 - $620,595

3 Beds
2 Baths
-- Sq Ft
17.15 Acres

Last Sold September 25, 2017

Last sale price $400,000

Est. 40% increase in value since last sale

Current estimated payment $3,250/month

378 Days on Market

Highlights

  • Barn
  • RV Access or Parking
  • 17.15 Acre Lot
  • Horses Allowed On Property
  • Custom Home
  • Open Floorplan

About This Home

As of September 2017

**WATERFALL PROPERTY** New Construction Custom Home w/ Waterfall on 17+ acres! This is a once in a Lifetime Opportunity-some of the nicest land in the area. New Home has all Main Level Living & Lots of Windows to enjoy the views! Living Room has a Large Stone Gas Log Fireplace to sit & enjoy Cozy Winter Nights. Master Suite has Tray Ceiling, His & Her Walk-in Closets, & Spacious Bath w/ Tile Walk-In Shower. Use the Loft as a Large Office or extra Sleeping Quarters for Guest. They will love the views from up there. Go Downstairs to the Full Unfinished Basement w/Garage. 1600+ sqft Basement is already plumbed for a 3rd Bath & just waiting for you to expand. Sit on your Back Porch & enjoy the View & Sounds of the waterfall falling down the Mountain. Waterfall goes into a Stream that runs beside the Home and down the side of the Property. Also included is a Large Barn with Hay Loft (has power & water). Don't forget about the Views & Home sites w/ roads at the top of the property! Waterfall is approx 320' long & drops 140'. HOME HAS NEVER BEEN LIVED IN - BRAND NEW CONSTRUCTION!! A Must See if you are in the market for a unique property & nice home. Short walk to Little TN River & Park.

Last Agent to Sell the Property

Matthew Elliott

RE/MAX Elite Realty Brokerage Phone: 8283494600 License #276589 Listed on: 08/12/2016

RE/MAX Elite Realty

Last Buyer's Agent

Matthew Elliott

RE/MAX Elite Realty Brokerage Phone: 8283494600 License #276589 Listed on: 08/12/2016

RE/MAX Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,767

Year Built

  • Built in 2016

Lot Details

  • 17.15 Acre Lot
  • Home fronts a stream
  • Property fronts a state road
  • Private Lot
  • Level Lot
  • Open Lot
  • Partially Wooded Lot

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • RV Access or Parking

Home Design

  • Custom Home
  • Rustic Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • HardiePlank Type
  • Stone

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Stone Fireplace
  • Insulated Windows
  • Living Area on First Floor
  • Combination Kitchen and Dining Room
  • Laundry on main level
  • Property Views

Kitchen

  • New Kitchen
  • Electric Oven or Range
  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Workshop
  • Stubbed For A Bathroom
  • Basement with some natural light

Outdoor Features

  • Outdoor Storage
  • Outbuilding
  • Porch

Farming

  • Barn
  • Timber
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 6569805752

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,767

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 17.15
  • Road Frontage Type: State Road
  • Road Surface Type: Gravel, Paved
  • Ownership: More than One Year
  • Directions: From town take 28N (Byrson City Rd) approx 11.3mi to Right onto Queen Branch Rd. Follow to End. Property is at the end on the left. *In order to view top portion of property - Take Icenhower Rd to get to the Top of the Property (past gate), look for LO Sign on Right.
  • Architectural Style: Custom
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 2016
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8283494600
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Microwave, Dishwasher, Electric Oven/Range
  • Has Basement: Full, Exterior Entry, Bath/Stubbed, Daylight, Interior Entry, Partitioned, Recreation/Game Room, Workshop
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Stone, Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Hardwood
  • Interior Amenities: Walk-In Closet(s), Kitchen/Dining Room, Main Level Living, Ceramic Tile Bath, Cathedral/Vaulted Ceiling, Split Bedroom, New Kitchen, Open Floorplan, Large Master Bedroom, Primary on Main Level
  • Window Features: Windows-Insulated/Storm
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 110
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 110
  • Room Living Room Area: 345
  • Room Bedroom3 Level: First
  • Room Kitchen Area: 140.12
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 13.9
  • Room Master Bedroom Area: 230.74
  • Room Dining Room Area: 132.21

Exterior Features

  • Lot Features: Private, Unrestricted, Allow RVs, Suitable for Horses, Level, Open Lot, Level Yard, Pasture, Timber/Tree Farm, Other-See Remarks
  • View: View Year Round, View-Winter, Long Range View, Short Range View
  • View: Yes
  • Waterfront Features: Stream/Creek
  • Home Warranty: No
  • Construction Type: Stone, HardiPlank Type
  • Exterior Features: Rustic Appearance
  • Foundation Details: Slab
  • Other Structures: Outbuilding/Workshop, Barn(s), Storage Building/Shed
  • Patio And Porch Features: Porch
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage-Single Attached, Garage-Single in Basement

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 747054
  • Parcel #: 6569805752
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Book Number: X-35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2016
Closed on
Sep 8, 2017
Sold by
Bristol James W and Bristol Michelle A
Bought by
Korhnak Lawrence V and Korhnak Theresa E
Seller's Agent
Matthew Elliott
RE/MAX Elite Realty
Buyer's Agent
Matthew Elliott
RE/MAX Elite Realty
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$560,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,198
Avg. Annual Appreciation
3.46%
Original Mortgage
$360,000
Outstanding Balance
$303,886
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$218,177
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Korhnak Lawrence V $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korhnak Lawrence V $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2017 09/25/17 Sold $400,000 0.0% --
08/26/2017 08/26/17 Pending -- -- --
08/12/2016 08/12/16 For Sale $400,000 -- --
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 $1,767 $452,140 $85,060 $367,080
2023 $1,621 $452,040 $85,060 $366,980
2022 $1,621 $275,900 $53,040 $222,860
2021 $1,621 $294,200 $53,040 $241,160
2020 $1,462 $294,200 $53,040 $241,160
2018 $1,337 $270,430 $49,270 $221,160
2017 $0 $270,430 $49,270 $221,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26002932

APN: 6569805752