NOT LISTED FOR SALE

551 Hickory Gap Rd Franklin, NC 28734

Estimated Value: $2,424,775 - $3,283,000

4 Beds
5 Baths
7,300 Sq Ft
$374/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $1,650,000 $226 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $15,069/month

204 Days on Market

Highlights

  • Barn
  • Sauna
  • Wood Burning Stove
  • In Ground Pool
  • Cape Cod Architecture
  • Private Lot

About This Home

As of April 2021

Seldom will you come across a legacy estate with such bespoke detail, offered publicly. Pure enchantment envelopes Walnut Grove. The sound of meandering creeks echo throughout the 30 acre grounds. Located in the Highlands region, Walnut Grove is tucked away near Highlands & Franklin. Easy two hour drive from ATL. Offering every amenity to keep you in total relaxation. All modern conveniences.. sunroom w/ koi pond, stunning dining room, craft room, office, spacious bedroom suites, heated floors, steam rm, wine cellar, and spiral staircase to observation tower. You'll be lured outside to enjoy the many terraces, porches and nooks to curl up with a book. Natural oasis awaits w/ pool, spa, waterfall, pool house, outdoor kitchen and fireplace, 3 car garage, hammock enclave over the creek and a stunning secret garden, add to the allure. A chicken coup, pasture, barn guest house, large studio and majestic pond round out this dreamy mountain home. Fireplace Features: 2 or more

Last Agent to Sell the Property

Damian Hall

Ivester Jackson Blackstream License #269114 Listed on: 07/27/2020

Last Buyer's Agent

Damian Hall

Ivester Jackson Blackstream License #269114 Listed on: 07/27/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • Home fronts a stream
  • Front Green Space
  • Private Lot
  • Wooded Lot
  • Many Trees

Parking

  • Attached Garage
  • Workshop in Garage
  • Gravel Driveway

Home Design

  • Cape Cod Architecture

Interior Spaces

  • Cathedral Ceiling
  • Skylights
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Sauna
  • Crawl Space

Kitchen

  • Oven
  • Kitchen Island

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub
  • Garden Bath

Outdoor Features

  • In Ground Pool
  • Creek On Lot
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Terrace
  • Separate Outdoor Workshop
  • Shed
  • Outdoor Gas Grill

Farming

  • Barn
  • Pasture

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 7510085558
  • Tax Block 55

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Cape Cod
  • Ratio Close Price By List Price: 0.73333
  • Ratio Close Price By Original Li: 0.73333
  • Ratio Current Price By Acre: 55574.27
  • Ratio Current Price By Sq Ft: 226.03
  • Year Built: 1991
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished, Brick, Crawl Space
  • Upper Level Sq Ft: 3516
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cooktop Gas, Dishwasher, Disposal, Dryer, Electric Oven, Exhaust Fan, Generator, Ice Maker Connection, Microwave, Oven, Refrigerator, Security System, Self Cleaning Oven, Surround Sound, Trash Compactor, Warming Drawer, Washer
  • Fireplace Description: Living Room, Primary Bedroom, Wood Burning, Woodstove
  • Fireplace: Yes
  • Flooring: Stone, Wood
  • Interior Amenities: Built-Ins, Cathedral Ceiling(s), Garage Shop, Garden Tub, Kitchen Island, Pantry, Sauna, Skylight(s), Vaulted Ceiling, Walk-In Closet(s), Walk-In Pantry, Whirlpool
  • Laundry Location: Main
  • Room Count: 5
  • Second Living Quarters: Exterior Not Connected
  • Second Living Quarters Hla: 1350
  • Sq Ft Basement: 973
  • Main Level Sq Ft: 2711
  • Third Level Sq Ft: 100
  • Total Sq Ft: 7300

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Barn(s), In-Ground Gas Grill, Outdoor Fireplace, Outdoor Kitchen, Pool-In-Ground, Sauna, Shed(s), Terrace, Workshop

Garage/Parking

  • Driveway: Asphalt, Gravel
  • Parking: Attached Garage, Detached Garage, Garage - 2 Car, Garage - 3 Car, Garage Door Opener, Parking Space - 2

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat, Multizone A/C, MultiZone Heat, g-Radiant Heated Floors, Woodstove
  • Sewer: Septic Installed
  • Water: Spring, Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Artificial Waterfall, Creekfront, Green Area, Lake, Natural Waterfall, Pasture, Private, Sloping, Stream/Creek, Trees, Wooded
  • Lot Size Area: 29.690
  • Parcel Number: 7510085558
  • Plat Book Slide: H39

Tax Info

  • Tax Value: 1401110.00
  • Tax Block: 55
  • Tax Location: Macon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2020
Closed on
Apr 9, 2021
Sold by
Quigley Cathleen Thomas
Bought by
Sawyer Thomas R and Sawyer Myra L
Seller's Agent
Damian Hall
Ivester Jackson Blackstream
Buyer's Agent
Damian Hall
Ivester Jackson Blackstream
List Price
$2,250,000
Sold Price
$1,650,000
Premium/Discount to List
-$600,000
-26.67%
Current Estimated Value
$2,727,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,077,694
Avg. Annual Appreciation
11.87%
Original Mortgage
$1,200,000
Outstanding Balance
$1,081,706
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,645,988

Purchase Details

Closed on
Jun 27, 2019
Sold by
Quigley Mary E
Bought by
Quigley Cathleen Thomas and Quigley Thomas J

Purchase Details

Closed on
Apr 30, 2001
Sold by
Quigley Thomas J
Bought by
Quigley Thomas J
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
Sawyer Thomas R $1,650,000 None Available
Sawter Thomas R $1,650,000 None Listed On Document
Quigley Cathleen Thomas -- None Available
Quigley Thomas J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sawter Thomas R $1,200,000
Closed Sawter Thomas R $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $1,650,000 0.0% $645 / Sq Ft
04/09/2021 04/09/21 Sold $1,650,000 -26.7% $226 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/16/2021 02/16/21 Pending -- -- --
07/27/2020 07/27/20 For Sale $2,250,000 -10.0% $308 / Sq Ft
02/20/2020 02/20/20 For Sale $2,500,000 -- $977 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $7,288 $1,846,830 $381,340 $1,465,490
2024 $7,288 $1,846,830 $381,340 $1,465,490
2023 $7,251 $1,846,530 $381,340 $1,465,190
2022 $7,330 $1,262,810 $132,320 $1,130,490
2021 $7,330 $1,401,110 $132,320 $1,268,790
2020 $6,532 $1,401,110 $132,320 $1,268,790
2018 $6,455 $1,490,260 $156,710 $1,333,550
2017 $6,455 $1,490,260 $156,710 $1,333,550
2016 $6,455 $1,490,260 $156,710 $1,333,550
2015 $6,332 $1,490,260 $156,710 $1,333,550
2014 $5,800 $1,702,470 $483,730 $1,218,740
2013 -- $1,702,470 $483,730 $1,218,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3645292

Canopy MLS (Canopy Realtor® Association)

APN: 7510085558