NOT LISTED FOR SALE

715 Bailey Rd Franklin, NC 28734

Estimated Value: $270,000 - $398,000

2 Beds
3 Baths
1,811 Sq Ft
$186/Sq Ft Est. Value

Last Sold September 23, 2019

Last sale price $175,000 $97 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $1,803/month

45 Days on Market

Highlights

  • Open Floorplan
  • Chalet
  • Partially Wooded Lot
  • New Kitchen
  • Deck
  • Cathedral Ceiling

About This Home

As of September 2019

This lovely 2 Bedroom 3 Bathroom chalet cottage has been recently updated and sits on over an acre of land. Upon entering you'll find a guest kitchenette, living room, bedroom, full bath & laundry - this area has its own private entrance so could be an AirBnB or rental - even already has its own 911 address. Up one level you'll find the main kitchen, dining, large living room w/ vaulted ceilings -stone gas log fireplace - large windows that lead out to the deck and long range VIEWS, bedroom and full bath. Up one more you'll find a lovely loft office overlooking the living room and the master en-suite bedroom with 3 closets and a private balcony deck. Laminate hardwood floors on main level for easy maintenance and the kitchen has been updated with quartz counter-tops, pendant lights, tile back-splash and all new paint inside. New roof has been recently installed. Central Heat and Air, lots of storage, Stainless steel appliances, great yard for garden and easy access to HWY 441 are just a few of the additional features. Additional flue in basement if you'd want to add a wood stove. 1 Year Home Warranty Included to buyer at closing.

Last Agent to Sell the Property

Becky Ramey

Re/Max Elite Realty Brokerage Phone: 8283494600 License #244928 Listed on: 07/08/2019

Re/Max Elite Realty

Last Buyer's Agent

Maxie Ramey

Re/Max Elite Realty License #313854

Re/Max Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $595

Year Built

  • Built in 1987

Lot Details

  • 1.04 Acre Lot
  • Dirt Road
  • Fenced Yard
  • Level Lot
  • Open Lot
  • Partially Wooded Lot

Home Design

  • Chalet
  • Cottage
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,811 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Stone Fireplace
  • Window Screens
  • Bonus Room
  • Property Views

Kitchen

  • New Kitchen
  • Electric Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on third floor
  • En-Suite Primary Bedroom
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Echo Valley Subdivision
  • Stream

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 7506182867

Home Details

Home Type

Single Family

Est. Annual Taxes

$595

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.04
  • Road Surface Type: Gravel, Dirt
  • Ownership: More than One Year
  • Subdivision Name: Echo Valley
  • Directions: 441N to LEFT on Echo Valley Road (Black Bear Paving) LEFT onto Bailey Road. Cross over bridge bear left on Bailey Road to House on RIGHT #715 / #717. LO sign in place.
  • Architectural Style: Chalet, Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 1987
  • Kitchen Level: Second
  • NAV27_rets_property_type: Residential
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Electric Oven/Range, Washer, Disposal, Exhaust Fan, Refrigerator
  • Has Basement: Full, Heated, Exterior Entry, Interior Entry, Finished Bath, Partitioned, Recreation/Game Room, Washer/Dryer Hook-up, Finished
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Basement, Wood Burning, Stone, Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Interior Amenities: Bonus Room, Cathedral/Vaulted Ceiling, In-law Quarters, Large Master Bedroom, Living/Dining Room, New Kitchen, Kitchen/Dining Room, Primary w/Ensuite, Open Floorplan, In-Law Floorplan
  • Living Area: 1811
  • Main Level Bathrooms: 1
  • Window Features: Screens
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: Second
  • Master Bedroom Master Bedroom Level: Third
  • Room Bedroom2 Area: 128.04
  • Room Living Room Area: 229.76
  • Room Kitchen Area: 137.5
  • Dining Room Dining Room Level: Second
  • Master Bedroom Master Bedroom Width: 13
  • Room Master Bedroom Area: 228.8
  • Room Dining Room Area: 149.5

Exterior Features

  • Fencing: Fenced Yard
  • Lot Features: Level Yard, Level, Open Lot
  • View: Long Range View, View Year Round, Short Range View
  • View: Yes
  • Home Warranty: Yes
  • Construction Type: Wood Siding
  • Patio And Porch Features: Deck
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: First Level
  • Cooling: Central Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump, Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Gas Company: Propane Tank: Leased

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 45302.4
  • Parcel #: 7506182867
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 594.61
  • Tax Book Number: Y-37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2019
Closed on
Sep 20, 2019
Sold by
Montoya Anthony J
Bought by
Price Joshua J and Ashman Kelsea L
Seller's Agent
Becky Ramey
Re/Max Elite Realty
Buyer's Agent
Maxie Ramey
Re/Max Elite Realty
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$329,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,175
Avg. Annual Appreciation
10.95%
Original Mortgage
$166,250
Outstanding Balance
$145,622
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$191,535

Purchase Details

Listed on
Apr 12, 2017
Closed on
May 18, 2017
Sold by
Ohara Conner Richard W and Ohara Conner Deborah Lynn
Bought by
Montoya Anthony J
Seller's Agent
Marty Kimsey
RE/MAX Elite Realty
Buyer's Agent
Anthony Montoya
Cabinquest, Inc.
List Price
$152,500
Sold Price
$152,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%
Original Mortgage
$154,757
Interest Rate
4.02%
Mortgage Type
VA

Purchase Details

Closed on
Jul 14, 2006
Sold by
Marshall Clayton O and Marshall Elaine
Bought by
Clemmons Grover Charles and Clemmons Barbara L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Price Joshua J $175,000 None Available
Montoya Anthony J $152,500 None Available
Clemmons Grover Charles $155,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Price Joshua J $166,250
Previous Owner Montoya Anthony J $154,757
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2019 09/23/19 Sold $175,000 0.0% $97 / Sq Ft
08/24/2019 08/24/19 Pending -- -- --
07/09/2019 07/09/19 For Sale $175,000 +14.8% $97 / Sq Ft
05/31/2017 05/31/17 Sold $152,500 0.0% $133 / Sq Ft View Prior Sale
05/01/2017 05/01/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $152,500 +5.2% $133 / Sq Ft
12/16/2013 12/16/13 Sold $144,900 0.0% $100 / Sq Ft View Prior Sale
11/16/2013 11/16/13 Pending -- -- --
06/16/2013 06/16/13 For Sale $144,900 -- $100 / 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 $987 $254,940 $31,880 $223,060
2024 $987 $254,940 $31,880 $223,060
2023 $830 $254,840 $31,880 $222,960
2022 $830 $153,720 $17,500 $136,220
2021 $807 $153,720 $17,500 $136,220
2020 $768 $153,720 $17,500 $136,220
2018 $595 $123,820 $17,300 $106,520
2017 $595 $123,820 $17,300 $106,520
2016 $582 $123,820 $17,300 $106,520
2015 $559 $123,820 $17,300 $106,520
2014 $513 $142,860 $26,520 $116,340
2013 -- $142,860 $26,520 $116,340
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26012795

APN: 7506182867