NOT LISTED FOR SALE

789 Franklin Farm Rd Franklin, NC 28734

Estimated Value: $391,199 - $419,000

2 Beds
2 Baths
1,575 Sq Ft
$258/Sq Ft Est. Value

Last Sold April 27, 2023

Last sale price $365,000 $232 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,382/month

Highlights

  • 2.33 Acre Lot
  • Chalet
  • Private Lot
  • Open Floorplan
  • Deck
  • Cathedral Ceiling

About This Home

As of April 2023

Come enjoy the best that Western North Carolina mountains have to offer. Perfect sunset views overlooking the Appalachian trail mountain range. The Chalet style log cabin is perfectly placed to enjoy the outdoor air on the large covered and open decks. Inside you will find a open floor plan that has the Kitchen, Dinning Room and Living room sharing one open space and the same great views from the wall of windows with southern exposure. All main level living with primary bedroom and laundry located on main level as well. Loft is a large open space that shares the same views from the wall of windows. The terrace level of the home is partial finished with one bedroom and a full bath. The garage is oversized and had plenty of room for a small work space. Short term rentals are allowed and this home would make a dandy. Tremendous views, cabin styling, log home, close to town and great cell service what else can you be looking for.

Last Agent to Sell the Property

Evan Harrell

RE/MAX Elite Realty Brokerage Phone: 8283494600 License #280365 Listed on: 05/03/2023

RE/MAX Elite Realty

Last Buyer's Agent

Evan Harrell

RE/MAX Elite Realty Brokerage Phone: 8283494600 License #280365 Listed on: 05/03/2023

RE/MAX Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $904

Year Built

  • Built in 2007

Lot Details

  • 2.33 Acre Lot
  • Private Lot

Parking

  • 1 Car Garage
  • Basement Garage
  • Garage Door Opener

Home Design

  • Chalet
  • Cottage
  • Rustic Architecture
  • Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1,575 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Screens
  • Living Area on First Floor
  • Laundry on main level
  • Property Views

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Interior and Exterior Basement Entry
  • Bedroom in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Porch

Utilities

  • Window Unit Cooling System
  • Central Air
  • Heating System Uses Wood
  • Radiant Heating System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Franklin Heights Subdivision
  • Stream

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 7505988862

Home Details

Home Type

Single Family

Est. Annual Taxes

$904

Year Built

Built in 2007

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 2.33
  • Ownership: More than One Year
  • Subdivision Name: Franklin Heights
  • Directions: From Franklin Hwy 441 north/sylva rd short distance and take right on to Rabbit Creek road. Follow Rabbit creek to the intersection of Corbin Road. At intersection stay straight on Franklin Farm Road. House will be on left. Swing wide onto paved shoulder to be able to make driveway entrance.
  • Architectural Style: Cottage, Cabin, Chalet
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 2007
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8283494600
  • NAV27_AllowsVacationRentalYN: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Dishwasher, Disposal, Microwave, Electric Oven/Range, Refrigerator
  • Has Basement: Full, Partial, Partitioned, Finished, Heated, Exterior Entry, Interior Entry, Finished Bath
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 325
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Ceramic Tile
  • Interior Amenities: Breakfast Bar, Cathedral/Vaulted Ceiling, Ceiling Fan(s), Living/Dining Room, Main Level Living, Primary on Main Level, Open Floorplan, Walk-In Closet(s)
  • Living Area: 1575
  • Window Features: Screens
  • Room Bedroom2 Level: Basement
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 156
  • Room Living Room Area: 214.5
  • Room Kitchen Area: 144
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 12
  • Room Master Bedroom Area: 156
  • Room Dining Room Area: 108

Exterior Features

  • Lot Features: Private
  • View: Long Range View, View Year Round
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log
  • Exterior Features: Rustic Appearance
  • Patio And Porch Features: Deck, Porch
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage-Single in Basement, Garage Door Opener

Utilities

  • Laundry Features: First Level
  • Cooling: Central Electric, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Wood, Radiant
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Well
  • Gas Company: Propane Tank: None
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 101494.8
  • Parcel #: 7505988862

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 904.13
  • Tax Book Number: I-29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Apr 24, 2023
Sold by
Wilson Michael R and Wilson Doreen S
Bought by
Graft Under Llc
Seller's Agent
Evan Harrell
RE/MAX Elite Realty
Buyer's Agent
Evan Harrell
RE/MAX Elite Realty
List Price
$365,000
Sold Price
$365,000
Current Estimated Value
$406,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,550
Avg. Annual Appreciation
4.50%
Original Mortgage
$219,000
Outstanding Balance
$205,169
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$201,381

Purchase Details

Closed on
Jun 22, 2005
Sold by
Nones Adolfo and Nones Loudes R
Bought by
Wilson Michael and Wilson Doreen
Source: Public Records

Range of Values:

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Average Value
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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
Graft Under Llc $365,000 None Listed On Document
Graft Under Llc $365,000 None Listed On Document
Wilson Michael $26,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graft Under Llc $219,000
Closed Graft Under Llc $219,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2023 05/03/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $365,000 0.0% $232 / Sq Ft
04/27/2023 04/27/23 Sold $365,000 -- $232 / 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 $2,618 $318,300 $43,890 $274,410
2024 $1,202 $318,300 $43,890 $274,410
2023 $904 $318,400 $43,890 $274,510
2022 $904 $169,390 $20,300 $149,090
2021 $878 $169,390 $20,300 $149,090
2020 $835 $169,390 $20,300 $149,090
2018 $833 $183,000 $24,810 $158,190
2017 $833 $183,000 $24,810 $158,190
2016 $815 $183,000 $24,810 $158,190
2015 $792 $183,000 $24,810 $158,190
2014 $799 $235,240 $44,320 $190,920
2013 -- $235,240 $44,320 $190,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26030372

APN: 7505988862