NOT LISTED FOR SALE

765 Bailey Rd Franklin, NC 28734

Estimated Value: $252,000 - $305,000

3 Beds
2.5 Baths
-- Sq Ft
1.45 Acres

Last Sold June 04, 2020

Last sale price $106,000

Est. 164% increase in value since last sale

Current estimated payment $1,591/month

265 Days on Market

Highlights

  • Custom Home
  • Deck
  • Partially Wooded Lot
  • Open Floorplan
  • Private Lot
  • Cathedral Ceiling

About This Home

As of June 2020

Want to own one of the best views in Western North Carolina? Then check out Hawks Ridge. This house boasts spectacular unobstructed vistas across ridgeline after ridgeline. Due to some unfortunate circumstances the home itself was victim of vandalism and needs significant upgrades and repairs but structurally and situationally it remains a bargain for the right buyer.An attached garages, huge vaulted ceilings, and plenty of bedrooms make it, at the price, a must see for anyone interested in getting a jump start on their new mountain home.

Last Buyer's Agent

Cassidy Lance

Western Carolina Properties-Dillsboro License #307238

Western Carolina Properties-Dillsboro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,109

Year Built

  • Built in 2005

Lot Details

  • 1.45 Acre Lot
  • Private Lot
  • Partially Wooded Lot

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Custom Home
  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Living Area on First Floor
  • Bonus Room
  • Wood Flooring
  • No Kitchen Appliances
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Parking

  • 2 Car Attached Garage
  • 2 Attached Carport Spaces

Outdoor Features

  • Deck

Schools

  • Jackson County Elementary And Middle School
  • Smoky Mountain High School

Utilities

  • Cooling Available
  • Heating Available
  • Well
  • Septic Tank
  • Satellite Dish

Community Details

  • Hawks Ridge Subdivision
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 7610088495

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,109

Year Built

Built in 2005

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.45
  • Road Frontage Type: Property Owners' Assoc
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Subdivision Name: Hawks Ridge
  • Directions: Take Barker's Creek Road off US 74 East. Follow to fork at church in midle of intersection, take left on Rockdale and follow to Hawks Ridge(appx 4 mi) Go .8 miles and look for signs. Main sign is beginning of driveway.
  • Architectural Style: Contemporary, Custom
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 2005
  • NAV27_rets_property_type: Residential
  • Special Features: None

Interior Features

  • Appliances: Other Water Heater (See Remarks), None
  • Other Equipment: Satellite Dish
  • Has Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Other Doors (See Remarks)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Bonus Room, Cathedral/Vaulted Ceiling, Large Master Bedroom, Primary on Main Level, Main Level Living, Walk-In Closet(s), Ceiling Fan(s), Open Floorplan
  • Window Features: Other Windows (See Remarks), Skylight(s)
  • Room Bedroom2 Level: First
  • Room Bedroom4 Level: Second
  • Master Bedroom Master Bedroom Level: First
  • Room Living Room Area: 729.57
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 729.57
  • Master Bedroom Master Bedroom Width: 13.3
  • Room Master Bedroom Area: 192.85
  • Room Dining Room Area: 729.57

Exterior Features

  • Lot Features: Private, Elevation over 3000
  • View: Long Range View, View-Winter, View Year Round
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: Carport-Double Attached

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Well
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Jackson County
  • High School: Smoky Mountain
  • Middle Or Junior School: Jackson County

Lot Info

  • Lot Size Sq Ft: 63162
  • Parcel #: 7610088495
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1108.71
  • Tax Book Number: 19001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2019
Closed on
Jul 30, 2019
Sold by
Shimp Allen and Shimp Denise L
Bought by
Tatum Erik Scott
Seller's Agent
Larry Rogers
Lamplighter Realty
Buyer's Agent
Erik Tatum
Keller Williams Realty Of Franklin
List Price
$140,000
Sold Price
$140,000
Current Estimated Value
$280,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,089
Avg. Annual Appreciation
11.39%
Original Mortgage
$112,000
Outstanding Balance
$98,292
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$181,797

Purchase Details

Closed on
Jan 23, 2009
Sold by
Berg Kevin S and Berg Sara
Bought by
Shimp Allen and Shimp Denise L
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 Buyer Sale Price Title Company
Tatum Erik Scott $140,000 None Available
Shimp Allen $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tatum Erik Scott $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2020 06/04/20 Sold $106,000 0.0% --
05/05/2020 05/05/20 Pending -- -- --
08/13/2019 08/13/19 For Sale $106,000 -24.3% --
08/02/2019 08/02/19 Sold $140,000 0.0% $114 / Sq Ft View Prior Sale
07/03/2019 07/03/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $140,000 -- $114 / 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 $910 $231,670 $31,080 $200,590
2024 $910 $231,670 $31,080 $200,590
2023 $763 $231,670 $31,080 $200,590
2022 $763 $139,440 $16,400 $123,040
2021 $742 $139,440 $16,400 $123,040
2020 $706 $139,440 $16,400 $123,040
Source: Public Records

Agents Affiliated with this Home

  • C

    Buyer's Agent in 2020

    Cassidy Lance

    Western Carolina Properties-Dillsboro

    (828) 586-3442

    4 in this area

    72 Total Sales

    Cassidy Lance
    Section Image
  • Larry Rogers

    Seller's Agent in 2019

    Larry Rogers

    Lamplighter Realty

    (828) 371-2150

    120 in this area

    148 Total Sales

    Larry Rogers
    Section Image

  • G

    Seller Co-Listing Agent in 2019

    Gary Viar

    Lamplighter Realty

    (828) 421-9897

    23 in this area

    24 Total Sales

    Gary Viar
    Section Image
  • Erik Tatum

    Buyer's Agent in 2019

    Erik Tatum

    Keller Williams Realty Of Franklin

    (770) 561-4827

    4 in this area

    6 Total Sales

    Erik Tatum
    Section Image
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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26013235

APN: 7506194071

North Carolina Macon County Franklin 28734

765 Bailey Rd, Franklin, NC

Not Listed for Sale

Detached

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