NOT LISTED FOR SALE

881 Cabe Cove Rd Franklin, NC 28734

Estimated Value: $473,000 - $776,702

3 Beds
3 Baths
2,560 Sq Ft
$246/Sq Ft Est. Value

Last Sold July 25, 2016

Last sale price $274,000 $107 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $3,706/month

672 Days on Market

Highlights

  • Lake Front
  • 53.5 Acre Lot
  • Wood Burning Stove
  • Barn
  • Open Floorplan
  • Private Lot

About This Home

As of July 2016

Nature Lovers Home on 53 acres - next to National Forest - 2 miles from fishing on Little Tennessee River / Needmore Land Preserve - 5 miles from Hiking on Appalachian Trail Access - 15 Miles from Nantahala Outdoor Center White Water Rafting - Wild Life abounds with Deer and Turkey in your back yard, Catch Trout in your own Fish Pond. Energy Efficient home with 2x6 construction, gravity fed water supply, 1000 gal propane tank for home heating, dryer, water heater and Stove/oven. Huge Pantry closet, oversize rooms with open floor plan. Inclues Large 25x35 Garage Workshop and 21x36 RV/Carport

Last Agent to Sell the Property

Sally Mass

Msm Properties Brokerage Phone: 8284214587 License #212832 Listed on: 08/21/2014

Last Buyer's Agent

Lisa Lawton

Lamplighter Realty License #272981

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1998

Lot Details

  • 53.5 Acre Lot
  • Home fronts a stream
  • Lake Front
  • Property fronts a state road
  • Private Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • 3 Detached Carport Spaces

Home Design

  • 1.5-Story Property
  • Slab Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,560 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Fireplace
  • Wood Burning Stove
  • Insulated Windows
  • Insulated Doors
  • Living Area on First Floor
  • Combination Kitchen and Dining Room
  • Valley Views

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer

Outdoor Features

  • Outdoor Storage
  • Outbuilding
  • Porch

Farming

  • Barn

Utilities

  • Whole House Fan
  • Space Heater
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heating System Powered By Owned Propane
  • Spring water is a source of water for the property
  • Gas Water Heater
  • Septic Tank
  • Community Sewer or Septic
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6558089262

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,800

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 53.5
  • Road Frontage Type: State Road
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Subdivision Name: None
  • Directions: North on 28 North, Left on Telico Road, 2.5 miles to Right on Cabe Cove Road - follow to the end - follow signs on Driveway to last house on Right. LOTS of privacy, excellent State maintained road, good neighbors!
  • Architectural Style: Ranch/Single
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Year Built: 1998
  • Kitchen Level: First
  • Attribution Contact: 8284214587
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Gas/Propane Water Heater, Dishwasher, Microwave, Gas Oven/Range, Refrigerator, Washer
  • Other Equipment: Satellite Dish
  • Has Basement: None
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Doors-Insulated
  • Fireplace Features: Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Laminate
  • Interior Amenities: Open Floorplan, Split Bedroom, Large Master Bedroom, Walk-In Closet(s), Kitchen/Dining Room, Primary on Main Level, Main Level Living, Ceiling Fan(s)
  • Living Area: 2560
  • Main Level Bathrooms: 2
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: Second
  • Living Room Living Room Level: First
  • Room Family Room Level: First
  • Room Bedroom3 Area: 214.4
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 180.8
  • Room Living Room Area: 317.4
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 174.2
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 13.3
  • Room Master Bedroom Area: 228.76
  • Room Dining Room Area: 215.74
  • Room Family Room Area: 261

Exterior Features

  • Lot Features: Private, Wooded, Adjoins USFS, Unrestricted, Rolling
  • View: View-Winter, Short Range View, Valley
  • View: Yes
  • Waterfront Features: Stream/Creek, Lake
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Other Structures: Storage Building/Shed, Outbuilding/Workshop, Barn(s)
  • Patio And Porch Features: Porch
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 3
  • Covered Parking Spaces: 5
  • Garage Spaces: 2
  • Parking Features: Garage-Double Detached, Carport-Triple Detached

Utilities

  • Laundry Features: First Level
  • Cooling: Whole House Fan, Other
  • Cooling Y N: Yes
  • Heating: Wood, Propane, Space Heater/Stove
  • Heating Yn: Yes
  • Sewer: Community, Septic Tank
  • Water Source: Spring
  • Gas Company: Propane Tank: Owned

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 2330460
  • Parcel #: 6558089262
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1800
  • Tax Book Number: X-27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2019
Sold by
Mckee Michael D and Lawton Lisa
Bought by
Bowers Christopher Ray
Total Days on Market
672
Current Estimated Value
$629,676

Purchase Details

Listed on
Aug 21, 2014
Closed on
Jul 21, 2016
Sold by
Tate Frank
Bought by
Bowers Christhopher Ray
Seller's Agent
Sally Mass
Msm Properties
Buyer's Agent
Lisa Lawton
Lamplighter Realty
List Price
$274,000
Sold Price
$274,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.83%
Original Mortgage
$219,200
Interest Rate
3.56%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 19, 2004
Sold by
Cohen Jeffrey N
Bought by
Tate Frank
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
Bowers Christopher Ray -- None Available
Bowers Christhopher Ray -- None Available
Tate Frank $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowers Christopher Ray $219,200
Previous Owner Bowers Christhopher Ray $219,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2016 07/25/16 Sold $274,000 0.0% $107 / Sq Ft
06/25/2016 06/25/16 Pending -- -- --
08/22/2014 08/22/14 For Sale $274,000 -- $107 / 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
2024 $2,061 $529,660 $223,470 $306,190
2023 $2,049 $529,660 $223,470 $306,190
2022 $2,138 $372,080 $178,400 $193,680
2021 $2,138 $394,880 $178,400 $216,480
2020 $2,039 $394,880 $178,400 $216,480
2018 $1,744 $359,030 $196,220 $162,810
2017 $1,744 $359,030 $196,220 $162,810
2016 $1,744 $359,030 $196,220 $162,810
2015 $1,721 $359,030 $196,220 $162,810
2014 $1,801 $476,220 $304,180 $172,040
2013 -- $476,220 $304,180 $172,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 54598

APN: 6558089262