NOT LISTED FOR SALE

552 Franklin Farm Rd Franklin, NC 28734

Estimated Value: $199,000 - $305,000

2 Beds
2 Baths
-- Sq Ft
1.94 Acres

Last Sold March 11, 2015

Last sale price $95,500

Est. 177% increase in value since last sale

Current estimated payment $1,467/month

177 Days on Market

Highlights

  • 1.94 Acre Lot
  • New Kitchen
  • Recreation Room
  • Open Floorplan
  • Deck
  • Partially Wooded Lot

About This Home

As of March 2015

Mountain retreat A-Frame just a few miles from town that's nestled in the woods for that vacation get-away feeling you desire. Recently renovated & updated inside & out-new roof, new floors, freshly painted, kitchen & baths updated, too. Owners also installed new heating & air Mitsubishi system on the main & lower levels. There's large loft for addtl sleeping space or could be reading/office nook accessed from the main level. Downstairs by separate entrance is a completely renovated area presently living/sleeping qtrs w/full bath for guests but could be great man-cave. Furnishings Included!!

Last Agent to Sell the Property

Becky Ramey

RE/MAX Elite Realty Brokerage Phone: 8283494600 License #244928 Listed on: 08/15/2014

RE/MAX Elite Realty

Last Buyer's Agent

Becky Ramey

RE/MAX Elite Realty Brokerage Phone: 8283494600 License #244928 Listed on: 08/15/2014

RE/MAX Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $506

Year Built

  • Built in 1987

Lot Details

  • 1.94 Acre Lot
  • Partially Wooded Lot

Parking

  • No Garage

Home Design

  • Cottage
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Furnished
  • Cathedral Ceiling
  • Skylights
  • Window Treatments
  • Insulated Doors
  • Living Area on First Floor
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Washer
  • Property Views

Kitchen

  • New Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround

Basement

  • Heated Basement
  • Partial Basement
  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Franklin Farm Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7505981718

Home Details

Home Type

Single Family

Est. Annual Taxes

$506

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.94
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Subdivision Name: Franklin Farm Heights
  • Directions: 441N to Right on Rabbit Creek Rd. go a few miles until you come to Corbin Road which will be straight ahead, (Rabbit Creek continues to the right) once on Corbin RD. then an IMMEDIATE RIGHT on FRANKLIN FARM RD. follow the road up to house on left @ #552 and LA sign.
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1987
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8283494600
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Electric Water Heater, Dishwasher, Microwave, Electric Oven/Range, Refrigerator, Washer
  • Has Basement: Partial, Heated, Recreation/Game Room, Exterior Entry, Finished Bath, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Doors-Insulated
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Ceramic Tile Bath, Cathedral/Vaulted Ceiling, Open Floorplan, Split Bedroom, Rec/Game Room, Kitchen/Dining Room, New Kitchen, Primary on Main Level, Main Level Living, Other
  • Main Level Bathrooms: 1
  • Window Features: Window Treatments, Skylight(s)
  • Room Bedroom2 Level: Second
  • Living Room Living Room Level: First
  • Room Family Room Level: Basement
  • Master Bedroom Master Bedroom Level: First
  • Room Living Room Area: 216
  • Room Kitchen Area: 78
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 8.5
  • Room Master Bedroom Area: 96.05

Exterior Features

  • Lot Features: Wooded
  • View: View-Winter, Long Range View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Deck
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, None-Carport

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Electric, Baseboard, Other
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 84506.4
  • Parcel #: 7505981718
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 505.74
  • Tax Book Number: A-32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2020
Sold by
Crouch David L and Estate Of Ira W Couch
Bought by
Smith Bobby R and Smith Ruby
Current Estimated Value
$264,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,185
Outstanding Balance
$86,481
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$177,915

Purchase Details

Closed on
Jan 14, 2008
Sold by
Arrojo Regina
Bought by
Arrojo Bernard
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
Smith Bobby R $95,000 None Available
Arrojo Bernard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Bobby R $97,185
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2015 03/11/15 Sold $95,500 0.0% --
02/09/2015 02/09/15 Pending -- -- --
08/15/2014 08/15/14 For Sale $95,500 -- --
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 $703 $171,330 $43,390 $127,940
2024 $703 $171,330 $43,390 $127,940
2023 $585 $171,330 $43,390 $127,940
2022 $585 $101,590 $20,060 $81,530
2021 $570 $101,590 $20,060 $81,530
2020 $544 $101,590 $20,060 $81,530
2018 $538 $109,880 $24,770 $85,110
2017 $538 $109,880 $24,770 $85,110
2016 $527 $109,880 $24,770 $85,110
2015 $504 $109,880 $24,770 $85,110
2014 $506 $140,370 $45,020 $95,350
2013 -- $140,370 $45,020 $95,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 54557

APN: 7505981718