$299,000
SOLD DEC 13, 2024

642 Franklin Farm Rd Franklin, NC 28734

2 Beds
2 Baths
1,712 Sq Ft
0.73 Acres

Recently Sold

$175 Per Sq Ft

23 Days on Market

Highlights

  • Custom Home
  • Hilly Lot
  • Wood Flooring
  • Deck
  • Partially Wooded Lot
  • Main Floor Primary Bedroom

About This Home

As of December 2024

This home in the Holly Springs community, tucked away in Franklin's serene mountain landscapes, is a charming retreat that boasts two bedrooms, a bonus room, and two bathrooms, all on one accessible level. The home features a blend of hardwood and carpeted floors. The front side of home features a living room/ dining room off the galley Kitchen. Two bedrooms and bath to a large bonus room /bath with super walk-in closet. The large family room features a gas-log fireplace and access to the screened deck that captures the distant mountain views to the North and West perfect for Sunset watchers. Enjoy the peace and privacy of wooded surroundings with minimal deed restrictions, just 10 minutes from Franklin's town center and a short drive to the nearby Highlands and Sylva. Additional highlights include a paved driveway, a workshop/storage area with external access, and handicap accessibility. This home offers the perfect escape to tranquil living amidst panoramic mountain vistas. Home is being sold “as is.”

Last Agent to Sell the Property

Michael Peak

Mason Peak Mountain Properties, LLC Brokerage Phone: 8286341615 License #308526 Listed on: 10/18/2024

Last Buyer's Agent

Rashaune De La Cruz

Vignette Realty, LLC License #298991

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $449

Year Built

  • Built in 1988

Lot Details

  • 0.73 Acre Lot
  • Hilly Lot
  • Partially Wooded Lot

Home Design

  • Custom Home
  • 1.5-Story Property
  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,712 Sq Ft Home
  • Ceiling Fan
  • Fireplace Features Blower Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors
  • Great Room
  • Living Area on First Floor
  • Open Floorplan
  • Workshop
  • Screened Porch
  • Property Views

Kitchen

  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Workshop
  • Crawl Space

Parking

  • 1 Car Detached Garage
  • 1 Detached Carport Space
  • Open Parking

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Handicap Accessible
  • Deck

Community Details

  • No Home Owners Association
  • Franklin Heights Subdivision
  • Stream

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 7505984898

Home Details

Home Type

Single Family

Est. Annual Taxes

$449

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.73
  • Road Frontage Type: Community, Other
  • Road Surface Type: Paved, Gravel
  • Ownership: More than One Year
  • Subdivision Name: Franklin Heights
  • Directions: From Franklin, 441 N towards Sylva. Take Rabbit Creek RD to Corbin Rd, At Corbin RD take immediate R onto Franklin Farm Rd. Stay on Franklin Farm Rd for 6/10 of a mile to 642. Agent pointer signs in place.
  • Architectural Style: Ranch/Single, Traditional, Custom
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Year Built: 1988
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8286341615
  • NAV27_AllowsVacationRentalYN: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Dishwasher, Exhaust Fan, Gas Oven/Range, Washer, Dryer
  • Accessibility Features: Exterior Handicapped Accessible
  • Has Basement: Partial, Workshop, Exterior Entry, Crawl Space, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Doors-Insulated
  • Fireplace Features: Gas Log, Blower Fan, Other
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Some Hardwoods
  • Interior Amenities: Ceiling Fan(s), Great Room, Kitchen/Dining Room, Large Master Bedroom, Living/Dining Room, Main Level Living, Primary w/Ensuite, Primary on Main Level, Workshop
  • Living Area: 1712
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Room Family Room Level: First
  • Master Bedroom Master Bedroom Level: First

Exterior Features

  • Lot Features: Hilly/Steep, Wooded
  • View: Short Range View, View-Winter, View Year Round
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Deck, Porch, Screened Porch/Deck
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Carport-Single Detached, Paved Driveway

Utilities

  • Laundry Features: First Level
  • Cooling: Central Electric
  • Cooling Y N: Yes
  • Heating: Electric, Propane, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank, See Remarks
  • Utilities: Cell Service Available
  • Water Source: Well, Private
  • Gas Company: Propane Tank: Owned
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 31798.8
  • Parcel #: 7505984898
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 449.1
  • Tax Book Number: C-43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2024
Closed on
Dec 11, 2024
Sold by
Webb Jerry and Webb Helen
Bought by
Price Nelson L and Price Robin T
Seller's Agent
Michael Peak
Mason Peak Mountain Properties, LLC
Buyer's Agent
Rashaune De La Cruz
Vignette Realty, LLC
List Price
$299,000
Sold Price
$299,000
Views
81
Current Estimated Value
$318,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,116
Avg. Annual Appreciation
7.00%
Original Mortgage
$239,200
Outstanding Balance
$237,725
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$75,566

Purchase Details

Closed on
May 7, 2024
Sold by
Webb Jerry
Bought by
Webb Jerry and Webb Helen

Purchase Details

Closed on
Sep 4, 2007
Sold by
Thompson Byron L and Thompson Gflenda D
Bought by
Webb Jerry
Source: Public Records

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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 $299,000 None Listed On Document
Warranty Deed $299,000 None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $190,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $239,200 New Conventional
Closed $239,200 New Conventional
Previous Owner $270,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $55,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold $299,000 0.0% $175 / Sq Ft
11/10/2024 11/10/24 Pending -- -- --
10/18/2024 10/18/24 For Sale $299,000 -- $175 / 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
2024 $480 $211,600 $30,980 $180,620
2023 $413 $211,600 $30,980 $180,620
2022 $413 $129,770 $12,570 $117,200
2021 $403 $129,870 $12,570 $117,300
2020 $387 $129,870 $12,570 $117,300
2018 $390 $146,210 $16,410 $129,800
2017 $390 $146,210 $16,410 $129,800
2016 $383 $146,210 $16,410 $129,800
2015 $360 $146,210 $16,410 $129,800
2014 $329 $166,560 $23,960 $142,600
2013 -- $166,560 $23,960 $142,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26038106

APN: 7505984898