$260,000
SOLD SEP 10, 2021

640 Flowers Gap Rd Franklin, NC 28734

3 Beds
2 Baths
864 Sq Ft
2.19 Acres

Recently Sold

$301 Per Sq Ft

21 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

I challenge you to find a house with bigger views! This one is paved to the door, no 4x4 required. Sitting high above 3000 feet and just 6 miles to downtown Franklin! Sip your coffee in the clouds and watch a smoky mountain sunrise! Open floorplan, 2 beds, one bath and laundry on the main. One bedroom and bathroom in mostly finished basement. Sheet rock is up and ready for you to finish! Incredible deck and patio space. 30/50 AMP camper hookup. Restrictions appear to have expired in 1998. Please verify. Sold as-is.

Last Agent to Sell the Property

Kristie Brennan

RE/MAX Elite Realty Brokerage Phone: 8283494600 License #316453 Listed on: 07/20/2021

RE/MAX Elite Realty

Last Buyer's Agent

Kristie Brennan

RE/MAX Elite Realty Brokerage Phone: 8283494600 License #316453 Listed on: 07/20/2021

RE/MAX Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,022

Year Built

  • Built in 1973

Lot Details

  • 2.19 Acre Lot

HOA Fees

  • $8 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 864 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Fireplace
  • Wood Burning Stove
  • Insulated Windows
  • Living Area on First Floor
  • Gas Oven or Range
  • Property Views

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom located in the basement
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement with some natural light

Parking

  • 1 Car Attached Garage
  • 1 Attached Carport Space

Outdoor Features

  • Deck
  • Terrace
  • Outdoor Storage

Schools

  • East Franklin Elementary School
  • Macon Middle School
  • Franklin High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Wood
  • Heating System Powered By Leased Propane
  • 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

$1,022

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, Cottage
  • Carport Y N: Yes
  • Garage Yn: No
  • Year Built: 1973
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8283494600
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Gas Oven/Range, Refrigerator, Dryer, Washer
  • Has Basement: Full, Daylight, Washer/Dryer Hook-up, Partitioned, Lower/Terrace, 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, Ceramic Tile Bath, Main Level Living, Cathedral/Vaulted Ceiling, Primary on Main Level
  • Living Area: 864
  • Window Features: Windows-Storm None, Insulated Windows
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 119.7917
  • Master Bedroom Master Bedroom Level: Basement
  • Room Bedroom2 Area: 121.7083
  • Room Bedroom3 Level: First
  • Room Kitchen Area: 148.0417
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 17.9167
  • Room Master Bedroom Area: 207.5347

Exterior Features

  • Lot Features: Elevation over 3000
  • View: View Year Round, Long Range View, Short Range View
  • View: Yes
  • Home Warranty: No
  • Waterfront Elevation: 3290
  • Construction Type: Wood Siding
  • Other Structures: Storage Building/Shed
  • Patio And Porch Features: Deck
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Carport-Single Attached

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wood, Electric, Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well, Private
  • Gas Company: Propane Tank: Leased

Condo/Co-op/Association

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

Schools

  • Elementary School: East Franklin
  • High School: Franklin
  • Middle Or Junior School: Macon Middle

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: 1021.86
  • 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

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Range of Values:

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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 $460,000 --
Warranty Deed $260,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $382,500 New Conventional
Previous Owner $208,000 New Conventional
Previous Owner $194,751 VA
Previous Owner $193,759 New Conventional
Previous Owner $200,000 VA
Previous Owner $183,333 No Value Available
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: 26020443

APN: 7507867874