NOT LISTED FOR SALE

754 Penland Rd Franklin, NC 28734

Estimated Value: $300,322 - $426,000

1 Bed
1 Bath
624 Sq Ft
$547/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $224,000 $359 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,862/month

16 Days on Market

Highlights

  • 2.71 Acre Lot
  • Heavily Wooded Lot
  • Hilly Lot
  • New Kitchen
  • Deck
  • Private Lot

About This Home

As of August 2021

It's perfect! This meticulous one bedroom/one bath gem of a home is nested in a peaceful setting at the end of the road on top of the mountain. This would make the ideal year-round home for a single person or couple or as a vacation cabin to escape from the daily grind of everyday life. Drive up to the house and notice the well-balanced landscaping complete with impressive stonework and beautiful specimen trees and shrubs. A short walk up the steps from the driveway leads to a large covered porch. Enter the house thru the sliding-glass door into the updated kitchen complete with granite counter tops and stainless appliances. The living room with it's warm tongue and groove ceiling is open to the kitchen and the stone gas fireplace gives it the perfect mountain cabin accent! The bedroom has a deck accessed by a sliding glass door. There is a two-car garage/basement with entry access into home as well. All of this on 2.71 acres. Located off Wayah Road you will be near world-famous hiking, fishing and cycling along with other outdoor activities. Restrictions prohibit use as a rental.

Last Agent to Sell the Property

Matthew Iannuzzi

Unique Properties Of Franklin Brokerage Phone: 8283494700 License #297053 Listed on: 07/15/2021

Last Buyer's Agent

Samantha Stauch

RE/MAX Elite Realty License #325020

RE/MAX Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $729

Year Built

  • Built in 1990

Lot Details

  • 2.71 Acre Lot
  • Private Lot
  • Hilly Lot
  • Heavily Wooded Lot

Parking

  • 2 Car Garage
  • Basement Garage

Home Design

  • Cottage
  • Rustic Architecture
  • Cabin
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Property Views

Kitchen

  • New Kitchen
  • Electric Oven or Range
  • Microwave
  • Kitchen Island

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Deck
  • Porch

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Propane
  • Mini Split Heat Pump
  • Heating System Powered By Leased Propane
  • Shared Well
  • Well
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6554431942

Home Details

Home Type

Single Family

Est. Annual Taxes

$729

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 2.71
  • Road Frontage Type: Other
  • Ownership: More than One Year
  • Directions: From town Hwy 64 WEST. Turn RIGHT on Old W. Murphy Rd. Turn LEFT on Wayah Rd @ Loafers Glory. Continue on Wayah and turn LEFT on gravel Penland Rd. Cross bridge continue on Penland Rd. gravel. Go thru gate which will turn to pavement. Continue up and it will turn to concrete. Pass the large house on the right and it will turn to gravel again. Turn right into drive with split rail fence. No sign.
  • Architectural Style: Cottage, Cabin
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 1990
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8283494700
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Electric Water Heater, Refrigerator, Dryer, Microwave, Washer, Electric Oven/Range
  • Other Equipment: Satellite Dish
  • Has Basement: Full, Washer/Dryer Hook-up, Exterior Entry, Interior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Other Doors (See Remarks), Doors-Insulated
  • Fireplace Features: Other, Gas Log
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Kitchen Island, Pantry, Kitchen/Dining Room, Cathedral/Vaulted Ceiling, Primary on Main Level, Ceiling Fan(s), New Kitchen
  • Window Features: Insulated Windows, Other Windows (See Remarks)
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Living Room Area: 187.3611
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 11
  • Room Master Bedroom Area: 132

Exterior Features

  • Lot Features: Private, Hilly/Steep
  • View: View-Winter
  • View: Yes
  • Home Warranty: No
  • Waterfront Elevation: 2620
  • Construction Type: Wood Siding
  • Exterior Features: Other, Rustic Appearance
  • Patio And Porch Features: Porch, Deck
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage-Double in Basement

Utilities

  • Cooling: Ductless, Other
  • Cooling Y N: Yes
  • Heating: Mini-Split, Propane, Other
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Well, Shared Well, See Remarks
  • Gas Company: Propane Tank: Leased
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 118047.6
  • Parcel #: 6554431942
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 728.57
  • Tax Book Number: Q-39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Aug 26, 2021
Sold by
Gifford Alan E and Gifford Tammy D
Bought by
Crawford Patrick J
Seller's Agent
Matthew Iannuzzi
Unique Properties Of Franklin
Buyer's Agent
Samantha Stauch
RE/MAX Elite Realty
List Price
$224,000
Sold Price
$224,000
Current Estimated Value
$341,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,581
Avg. Annual Appreciation
10.67%
Original Mortgage
$130,000
Outstanding Balance
$118,290
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$223,291

Purchase Details

Listed on
Nov 4, 2019
Closed on
Dec 19, 2019
Sold by
Healey Gail S
Bought by
Gifford Alan E and Gifford Tammy D
Seller's Agent
Matthew Iannuzzi
Unique Properties Of Franklin
Buyer's Agent
Matthew Iannuzzi
Unique Properties Of Franklin
List Price
$166,000
Sold Price
$166,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.28%

Purchase Details

Listed on
Nov 4, 2019
Closed on
Oct 21, 2019
Sold by
Solomon Robert H and Solomon Elizabeth M
Bought by
Healey Gail S
Seller's Agent
Matthew Iannuzzi
Unique Properties Of Franklin
Buyer's Agent
Matthew Iannuzzi
Unique Properties Of Franklin
List Price
$166,000
Sold Price
$166,000

Purchase Details

Closed on
May 13, 2016
Sold by
Solomon Robert H and Solomon Elizabeth
Bought by
Solomon Robert H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,250
Interest Rate
4.47%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Apr 23, 1990
Sold by
Mandel William D
Bought by
Sullivan Wanda C
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Crawford Patrick J $224,000 None Available
Crawford Patrick J -- None Listed On Document
Gifford Alan E $166,000 None Available
Healey Gail S $155,000 None Available
Solomon Robert H -- None Available
Sullivan Wanda C $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crawford Patrick J $130,000
Closed Crawford Patrick J $130,000
Previous Owner Solomon Robert H $155,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2021 08/31/21 Sold $224,000 0.0% $359 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $224,000 +34.9% $359 / Sq Ft
12/19/2019 12/19/19 Sold $166,000 0.0% $266 / Sq Ft View Prior Sale
11/19/2019 11/19/19 Pending -- -- --
11/05/2019 11/05/19 For Sale $166,000 +7.1% $266 / Sq Ft
10/21/2019 10/21/19 Sold $155,000 0.0% $228 / Sq Ft View Prior Sale
09/21/2019 09/21/19 Pending -- -- --
09/03/2019 09/03/19 For Sale $155,000 +138.5% $228 / Sq Ft
11/20/2015 11/20/15 Sold $65,000 0.0% $104 / Sq Ft View Prior Sale
10/21/2015 10/21/15 Pending -- -- --
01/08/2015 01/08/15 For Sale $65,000 -- $104 / 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 $842 $226,660 $65,610 $161,050
2024 $842 $226,660 $65,610 $161,050
2023 $764 $226,660 $65,610 $161,050
2022 $764 $138,800 $47,800 $91,000
2021 $764 $138,800 $47,800 $91,000
2020 $729 $138,800 $47,800 $91,000
2018 $584 $117,300 $41,730 $75,570
2017 $584 $117,300 $41,730 $75,570
2016 $584 $117,300 $41,730 $75,570
2015 $561 $117,300 $41,730 $75,570
2014 $540 $139,630 $50,610 $89,020
2013 -- $139,630 $50,610 $89,020
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Matthew Iannuzzi

    Unique Properties Of Franklin

    (828) 371-8544

    31 in this area

    43 Total Sales

    Matthew Iannuzzi
    Section Image
  • Samantha Stauch

    Buyer's Agent in 2021

    Samantha Stauch

    RE/MAX

    (828) 634-6319

    77 in this area

    92 Total Sales

    Samantha Stauch
    Section Image
  • Becky Ramey

    Seller's Agent in 2019

    Becky Ramey

    RE/MAX

    (828) 421-2357

    150 in this area

    167 Total Sales

    Becky Ramey
    Section Image
  • John Becker

    Seller's Agent in 2015

    John Becker

    Bald Head Realty

    (828) 506-3719

    150 in this area

    179 Total Sales

    John Becker
    Section Image
  • John Evans

    Buyer's Agent in 2015

    John Evans

    RE/MAX

    (828) 421-7236

    152 in this area

    169 Total Sales

    John Evans
    Section Image
See All Agents

Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26020383

APN: 6554431942

North Carolina Macon County Franklin 28734

754 Penland Rd, Franklin, NC

This home is located at 754 Penland Rd, Franklin, NC 28734 since 15 July 2021 and is currently estimated at $341,581, approximately $547 per square foot. This property was built in 1990. 754 Penland Rd is a home located in Macon County with nearby schools including Cartoogechaye Elementary School, Mountain View Intermediate School, and Macon Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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