NOT LISTED FOR SALE

640 Flowers Gap Rd Franklin, NC 28734

Estimated Value: $462,000 - $540,251

3 Beds
2 Baths
-- Sq Ft
2.19 Acres

Last Sold October 17, 2022

Last sale price $460,000

Est. 11% increase in value since last sale

Current estimated payment $2,973/month

6 Days on Market

Highlights

  • 2.19 Acre Lot
  • Deck
  • Ranch Style House
  • Open Floorplan
  • Wood Burning Stove
  • Cathedral Ceiling

About This Home

As of October 2022

Photos don't come close to conveying the panoramic views from this cabin which are some of the best in Macon County. If you're looking for awe-striking views and easy access, you need to see Traces of Heaven as soon as possible. Live the mountain life perched high above 3,000 feet only six miles to downtown Franklin! Sip your coffee in the clouds and watch a smoky mountain sunrise! The open floor plan features two bedrooms, one bath and laundry on the main. There's another bedroom and bath in the finished basement. The incredible deck and patio space invites outdoor living. There's a 30/50 AMP camper hookup for your convenience. Restrictions appear to have expired in 1998, but please verify for yourself. Traces of Heaven has an amazing vacation rental history; check out https://www.vrbo.com/2481550 to see the renter reviews. No drivebys, it is a current VRBO rental. Home is being sold furnished.

Last Agent to Sell the Property

Kristie Brennan

Vignette Realty, LLC Brokerage Phone: 8284596025 License #316453 Listed on: 09/08/2022

Last Buyer's Agent

Alex Parker

Blue Ridge Premier Realty License #334648

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,068

Year Built

  • Built in 1973

Lot Details

  • 2.19 Acre Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Ranch Style House
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Fireplace
  • Wood Burning Stove
  • Insulated Windows
  • Living Area on First Floor
  • Property Views

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Microwave

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Deck
  • Terrace
  • Outdoor Storage

Utilities

  • Window Unit Cooling System
  • Heating System Uses Wood
  • Baseboard Heating
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Gold Mountain Estates Subdivision
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 7507867874

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,068

Year Built

Built in 1973

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 2.19
  • Road Surface Type: Paved
  • Ownership: More than One Year
  • Subdivision Name: Gold Mountain Estates
  • Directions: From Main Street head North on 441 for 5 miles to a left on Coon Creek. Turn right on Flowers Gap. House on the left.
  • Architectural Style: Ranch/Single
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1973
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8284596025
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Gas Oven/Range, Refrigerator, Dryer, Microwave, Washer
  • Has Basement: Full, Daylight, Partitioned, Lower/Terrace, Finished, Exterior Entry, Finished Bath, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Living/Dining Room, Open Floorplan, Breakfast Bar, Ceramic Tile Bath, Main Level Living, Cathedral/Vaulted Ceiling, Primary on Main Level
  • Window Features: Windows-Storm None, Insulated Windows
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: Basement
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: Elevation over 3000
  • View: View Year Round, Long Range View, Short Range View, View-Winter
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Other Structures: Storage Building/Shed
  • Patio And Porch Features: Deck
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: First Level
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wood, Electric, Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Well, Private
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 95396.4
  • Parcel #: 7507867874
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1068.03
  • Tax Book Number: N-37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Oct 10, 2022
Sold by
Sterling Gail James and Joyce Ann
Bought by
Watson Amy Caroline and Foster Sean Michael
Seller's Agent
Kristie Brennan
Vignette Realty, LLC
Buyer's Agent
Alex Parker
Blue Ridge Premier Realty
List Price
$460,000
Sold Price
$460,000
Current Estimated Value
$510,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,313
Avg. Annual Appreciation
3.67%
Original Mortgage
$382,500
Outstanding Balance
$369,442
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$138,688

Purchase Details

Listed on
Jul 20, 2021
Closed on
Aug 30, 2021
Sold by
Beasley Michael D and Beasley Carolyn Joyce
Bought by
Sterling Gail James and Sterling Joyce Ann
Seller's Agent
Kristie Brennan
RE/MAX Elite Realty
Buyer's Agent
Kristie Brennan
RE/MAX Elite Realty
List Price
$260,000
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.98%
Original Mortgage
$208,000
Interest Rate
2.8%
Mortgage Type
New Conventional
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
Watson Amy Caroline $460,000 --
Sterling Gail James $260,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Amy Caroline $382,500
Previous Owner Sterling Gail James $208,000
Previous Owner Beasley Michael D $194,751
Previous Owner Beasley Michael D $193,759
Previous Owner Beasley Michael D $200,000
Previous Owner Measley Michale $183,333
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2022 10/17/22 Sold $460,000 0.0% --
09/15/2022 09/15/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $460,000 +76.9% --
09/10/2021 09/10/21 Sold $260,000 0.0% $301 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $260,000 +41.8% $301 / Sq Ft
09/15/2016 09/15/16 Sold $183,333 0.0% --
08/16/2016 08/16/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $183,333 -- --
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 $1,652 $431,790 $142,410 $289,380
2023 $1,068 $431,790 $142,410 $289,380
2022 $1,068 $181,380 $75,000 $106,380
2021 $1,068 $182,480 $75,000 $107,480
2020 $1,022 $182,480 $75,000 $107,480
2018 $806 $149,380 $50,000 $99,380
2017 $0 $149,380 $50,000 $99,380
2016 $806 $149,380 $50,000 $99,380
2015 -- $149,380 $50,000 $99,380
2014 $812 $206,150 $100,000 $106,150
2013 -- $206,150 $100,000 $106,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26028452

APN: 7507867874