$173,500
SOLD FEB 4, 2025

61 Lamar Ln Franklin, NC 28734

2 Beds
1 Bath
1,056 Sq Ft
1.58 Acres

Recently Sold

$164 Per Sq Ft

1% Below List Price

10 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • No HOA
  • Ranch Style House
  • Living Area on First Floor
  • Porch

About This Home

As of February 2025

Set on 1.58 acres of usable, unrestricted land, this vintage 2-bedroom, 1-bathroom farmhouse ranch offers endless potential for restoration enthusiasts and visionaries. The home's character shines through its quaint dormer windows and classic wrap-around porch. Surrounding the main house is a collection of unique features that set this property apart. A detached treehouse offers a whimsical retreat among the trees—perfect for children or as a creative escape. Nearby, a greenhouse awaits your gardening ambitions, providing ample space to cultivate plants, flowers, or vegetables year-round. Multiple outbuildings dot the property, ideal for storage, workshops, or even additional creative spaces. With unrestricted land, there's plenty of room to expand, build, or enjoy the open space and serene surroundings. Close to downtown Franklin with easy access.

Last Agent to Sell the Property

Kristie Brennan

Vignette Realty, LLC Brokerage Phone: 8284596025 License #316453 Listed on: 12/17/2024

Last Buyer's Agent

Julie Adams

Realty One Group Vibe License #313806

Realty One Group Vibe

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $708

Year Built

  • Built in 1967

Lot Details

  • 1.58 Acre Lot
  • Level Lot

Parking

  • No Garage

Home Design

  • Ranch Style House
  • Farmhouse Style Home
  • Rustic Architecture
  • Metal Roof
  • Hardboard

Interior Spaces

  • 1,056 Sq Ft Home
  • Gas Log Fireplace
  • Window Screens
  • Living Area on First Floor
  • Combination Kitchen and Dining Room

Kitchen

  • Electric Oven or Range
  • Microwave

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Outdoor Storage
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Powered By Owned Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 6597358798

Home Details

Home Type

Single Family

Est. Annual Taxes

$708

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.58
  • Ownership: More than One Year
  • Directions: From downtown Franklin, N on HWY 29. Right on Mason Branch, Left on Lamar Lane, first house on right.
  • Architectural Style: Ranch/Single, Farm House
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1967
  • NAV27_rets_property_type: Residential
  • NAV27_AllowsVacationRentalYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Microwave, Electric Oven/Range, Refrigerator
  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Kitchen/Dining Room, Main Level Living, Primary on Main Level
  • Living Area: 1056
  • Window Features: Screens
  • Room Bedroom2 Level: First
  • Master Bedroom Master Bedroom Level: First

Exterior Features

  • Lot Features: Level Yard, Unrestricted
  • View: No
  • Home Warranty: No
  • Construction Type: Hardboard
  • Exterior Features: Rustic Appearance
  • Other Structures: Storage Building/Shed
  • Patio And Porch Features: Deck, Porch
  • Roof: Metal

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Gas Company: Propane Tank: Owned

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 68824.8
  • Parcel #: 6597358798
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 707.67
  • Tax Book Number: P-33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2024
Closed on
Jan 31, 2025
Sold by
Parham Anna Louise and Coffey James Patrick
Bought by
Mallory Ryon
Seller's Agent
Kristie Brennan
Vignette Realty, LLC
Buyer's Agent
Julie Adams
Realty One Group Vibe
List Price
$175,000
Sold Price
$173,500
Premium/Discount to List
-$1,500
-0.86%
Views
94
Current Estimated Value
$193,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,025
Avg. Annual Appreciation
12.90%
Original Mortgage
$170,356
Outstanding Balance
$169,306
Interest Rate
6.72%
Mortgage Type
FHA
Estimated Equity
$24,219

Purchase Details

Closed on
Mar 2, 2004
Sold by
Miller Melvin L
Bought by
Parham Joe W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $173,500 None Listed On Document
Warranty Deed $173,500 None Listed On Document
Deed $135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $170,356 FHA
Closed $170,356 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Sold $173,500 -0.9% $164 / Sq Ft
12/27/2024 12/27/24 Pending -- -- --
12/17/2024 12/17/24 For Sale $175,000 -- $166 / 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 $708 $44,760 $44,760 $0
2024 $708 $168,870 $44,760 $124,110
2023 $644 $168,870 $44,760 $124,110
2022 $644 $104,030 $24,170 $79,860
2021 $644 $104,330 $24,170 $80,160
2020 $618 $104,330 $24,170 $80,160
2018 $491 $86,220 $26,860 $59,360
2017 $491 $86,220 $26,860 $59,360
2016 $491 $86,220 $26,860 $59,360
2015 $468 $86,220 $26,860 $59,360
2014 $357 $78,560 $29,700 $48,860
2013 -- $78,560 $29,700 $48,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26039507

APN: 6597358798