NOT LISTED FOR SALE

81 Farmstead Dr Franklin, NC 28734

Estimated Value: $211,000 - $269,000

2 Beds
2 Baths
1,320 Sq Ft
$183/Sq Ft Est. Value

Last Sold January 04, 2023

Last sale price $155,000 $117 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,303/month

43 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Partially Wooded Lot
  • Wood Flooring
  • Bonus Room

About This Home

As of January 2023

**Office Exclusive. Entered for comp purposes only** 2 bed 2 bath home with a bonus room. Hardwood floors in the living room, hallway, and kitchen. Needs some porch work, interior TLC, and a roof which was factored into the price but can easily become a nice home with a little work.

Last Agent to Sell the Property

Matthew Cochran

Re/Max Elite Realty Brokerage Phone: 8283494600 License #339619 Listed on: 10/20/2022

Last Buyer's Agent

Chelsie Pinkerton

RE/MAX Elite Realty License #302864

RE/MAX Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $502

Year Built

  • Built in 1976

Lot Details

  • 0.7 Acre Lot
  • Open Lot
  • Partially Wooded Lot

Parking

  • 2 Car Garage
  • Basement Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,320 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Screens
  • Combination Dining and Living Room
  • Bonus Room
  • Interior and Exterior Basement Entry
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7504754063

Home Details

Home Type

Single Family

Est. Annual Taxes

$502

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.7
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Directions: Take Highlands Rd from town, go 2.3 miles and turn left onto Suttles Rd. just before Sugarfork Rd. Then go 0.2 miles and turn left onto Farmstead Dr. Home will be the second one on the right.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 1976
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • NAV27_AllowsVacationRentalYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Exhaust Fan, Microwave, Electric Oven/Range, Refrigerator
  • Has Basement: Exterior Entry, Interior Entry, Washer/Dryer Hook-up
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Bonus Room, Ceiling Fan(s), Living/Dining Room
  • Living Area: 1320
  • Window Features: Screens
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 144.48
  • Room Living Room Area: 410.2
  • Room Kitchen Area: 128.38
  • Master Bedroom Master Bedroom Width: 15.3
  • Room Master Bedroom Area: 182.07

Exterior Features

  • Lot Features: Open Lot, Unrestricted
  • View: No
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Deck, Porch
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling: Central Electric, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Wood
  • 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: 30492
  • Parcel #: 7504754063

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 501.65
  • Tax Book Number: F-38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Jan 3, 2023
Sold by
Cabe Jeremy
Bought by
Kline Patricia Gail and Stone Jody
Seller's Agent
Matthew Cochran
Re/Max Elite Realty
Buyer's Agent
Chelsie Pinkerton
RE/MAX Elite Realty
List Price
$155,000
Sold Price
$155,000
Current Estimated Value
$241,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,874
Avg. Annual Appreciation
15.65%
Original Mortgage
$100,000
Outstanding Balance
$96,683
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$145,191

Purchase Details

Closed on
Feb 27, 2012
Sold by
Cabe Amanda L
Bought by
Cabe Jeremy R

Purchase Details

Closed on
Apr 24, 2009
Sold by
Cabe Jeremy R
Bought by
Cabe Jeremy R and Cabe Amanda D

Purchase Details

Closed on
Feb 9, 2007
Sold by
Harrell Justin and Vanhook Benjamin
Bought by
Cabe Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 4, 2007
Sold by
Shelton Patrick and Shelton Tammy
Bought by
Harrell Justin and Vanhook Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 4, 2001
Sold by
Shelton Patrick and Shelton Tammy
Bought by
Harrell Justin and Vanhook Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,150
Interest Rate
6.05%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Kline Patricia Gail $155,000 --
Kline Patricia Gail $155,000 None Listed On Document
Cabe Jeremy R -- None Available
Cabe Jeremy R -- None Available
Cabe Jeremy $100,000 None Available
Harrell Justin $79,150 None Available
Harrell Justin $79,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kline Patricia Gail $100,000
Closed Kline Patricia Gail $100,000
Previous Owner Cabe Jeremy $101,000
Previous Owner Harrell Justin $79,150
Previous Owner Harrell Justin $79,150
Previous Owner Harrell Justin $79,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2023 01/04/23 Sold $155,000 0.0% $117 / Sq Ft
12/02/2022 12/02/22 Pending -- -- --
10/20/2022 10/20/22 For Sale $155,000 -- $117 / Sq Ft
Source: Carolina Smokies Association of REALTORS®

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 $568 $141,010 $28,560 $112,450
2024 $568 $141,010 $28,560 $112,450
2023 $502 $141,010 $28,560 $112,450
2022 $502 $83,400 $11,520 $71,880
2021 $488 $83,400 $11,520 $71,880
2020 $467 $83,400 $11,520 $71,880
2018 $500 $100,690 $15,290 $85,400
2017 $500 $100,690 $15,290 $85,400
2016 $500 $100,690 $15,290 $85,400
2015 $477 $100,690 $15,290 $85,400
2014 $453 $118,600 $20,080 $98,520
2013 -- $118,600 $20,080 $98,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26029376

APN: 7504754063