NOT LISTED FOR SALE

565 Echo Valley Rd Franklin, NC 28734

Estimated Value: $237,000 - $301,000

2 Beds
2 Baths
600 Sq Ft
$453/Sq Ft Est. Value

Last Sold January 26, 2012

Last sale price $65,000 $108 Per Sq Ft

Est. 318% increase in value since last sale

Current estimated payment $1,505/month

19 Days on Market

Highlights

  • Barn
  • Chalet
  • Wood Burning Stove
  • Open Floorplan
  • Deck
  • Private Lot

About This Home

As of January 2012

Foreclosure, priced to move. Loft/office upstairs could be used as 3rd bedroom and lower level has kitchenette area w/ outside entrance in case you wanted to rent that part out. Great Cabin in the woods and is exactly what folks are looking for when they come to the mountains, affordable rustic getaway! Plenty of decks/porches, powered storage building, small yard area easy to maintain and more. Wooded privacy and winter view.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $362

Year Built

  • Built in 1982

Lot Details

  • 0.73 Acre Lot
  • Private Lot
  • Wooded Lot

Parking

  • No Garage

Home Design

  • Chalet
  • Rustic Architecture
  • Cabin
  • Metal Roof
  • Hardboard

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Stone Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Combination Dining and Living Room
  • Workshop
  • Electric Oven or Range
  • Washer and Dryer Hookup
  • Property Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Workshop
  • Basement with some natural light

Outdoor Features

  • Deck
  • Outbuilding
  • Porch

Farming

  • Barn

Utilities

  • Heating System Uses Wood
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Echo Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7507200406

Home Details

Home Type

Single Family

Est. Annual Taxes

$362

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.73
  • Road Surface Type: Gravel
  • Ownership: Less than One Year
  • Subdivision Name: Echo Valley
  • Directions: 441N to right onto Echo Valley Rd. (at Black Bear Paving just before Cowee Mtn.) to #565 and LA sign.
  • Architectural Style: Cabin, Chalet
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1982
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Special Features: 1028

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Electric Oven/Range, Refrigerator
  • Has Basement: Full, Partitioned, Finished, Heated, Daylight, Workshop, Exterior Entry, Interior Entry, Washer/Dryer Hook-up
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Doors-Insulated
  • Fireplace Features: Wood Burning Stove, Stone
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Cathedral/Vaulted Ceiling, Open Floorplan, Workshop, Living/Dining Room, Ceiling Fan(s)
  • Window Features: Insulated Windows, Window Treatments
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First

Exterior Features

  • Lot Features: Private, Wooded
  • View: View-Winter
  • View: Yes
  • Home Warranty: No
  • Construction Type: Hardboard
  • Exterior Features: Rustic Appearance
  • Other Structures: Outbuilding/Workshop, Barn(s)
  • Patio And Porch Features: Porch, Deck
  • Roof: Metal

Garage/Parking

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

Utilities

  • Heating: Wood, Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 31798.8
  • Parcel #: 7507200406
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 362.5
  • Tax Book Number: P-34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2011
Closed on
Jan 10, 2012
Sold by
Dlj Mortgage Capital Inc
Bought by
Hall Quinton Tyrone and Hall Alice Williams
List Price
$65,000
Sold Price
$65,000
Current Estimated Value
$271,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,635
Avg. Annual Appreciation
10.80%
Original Mortgage
$52,000
Outstanding Balance
$35,255
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$236,380

Purchase Details

Closed on
Oct 25, 2011
Sold by
Mcclelland Mary Ruth
Bought by
Dlj Mortgage Capital Inc

Purchase Details

Closed on
Jul 19, 2010
Sold by
Bunch Brenda L and Raul Bunch J
Bought by
Mclelland Mary Ruth

Purchase Details

Closed on
Apr 28, 2006
Sold by
Noblitt Roy E and Noblitt Joyce
Bought by
Mclelland Mary Ruth and Bunch Brenda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,200
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hall Quinton Tyrone $65,000 None Available
Dlj Mortgage Capital Inc $66,000 --
Mclelland Mary Ruth -- --
Mclelland Mary Ruth $149,000 None Available
Mclelland Mary Ruth $149,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Quinton Tyrone $52,000
Previous Owner Mclelland Mary Ruth $119,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2012 01/26/12 Sold $65,000 0.0% $108 / Sq Ft
12/27/2011 12/27/11 Pending -- -- --
12/07/2011 12/07/11 For Sale $65,000 -- $108 / 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
2025 $1,023 $254,610 $29,700 $224,910
2024 $1,023 $254,610 $29,700 $224,910
2023 $629 $254,410 $29,700 $224,710
2022 $629 $98,560 $14,770 $83,790
2021 $629 $99,060 $14,770 $84,290
2020 $604 $99,060 $14,770 $84,290
2018 $563 $98,240 $15,580 $82,660
2017 $563 $98,240 $15,580 $82,660
2016 $563 $98,240 $15,580 $82,660
2015 $540 $98,240 $15,580 $82,660
2014 $477 $112,860 $16,010 $96,850
2013 -- $112,860 $16,010 $96,850
Source: Public Records

Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 49788

APN: 7507200406

North Carolina Macon County Franklin 28734

565 Echo Valley Rd, Franklin, NC

Not Listed for Sale

Detached

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