NOT LISTED FOR SALE

89 Katydid Ln Franklin, NC 28734

Estimated Value: $277,000 - $301,000

2 Beds
2 Baths
1,201 Sq Ft
$238/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $250,000 $208 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,566/month

About This Home

This charming two-bedroom, two-bath summer cottage is the perfect place to relax and unwind. Nestled in the Rose Creek community, just a short drive from the quaint downtown of Franklin, this home offers the best of both worlds. On the one hand, you'll find yourself surrounded by the beauty of the Smoky Mountains. You can spend your days hiking, swimming, fishing, biking, or simply enjoying the peace and quiet of the countryside. On the other hand, you're just a short drive away from all the excitement of downtown Franklin. With its festivals, live music, and great restaurants, Franklin has something for everyone. The home itself is cozy and inviting. The large screened-in porch is perfect for enjoying the mountain breeze, and the gas fireplace will keep you warm on chilly nights. The large bedrooms and walk-in closets are perfect for a full-time resident or a second home. A new water heater was recently installed. If you're looking for a place to relax and escape the hustle and bustle of everyday life, this charming summer cottage is the perfect place for you.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2023
Closed on
Jun 26, 2023
Sold by
Barnett Stephen Graham and Barnett Jacqueline
Bought by
Smith Michael James and Darby Tami Deanna
Seller's Agent
Ryan Cote
Vignette Realty, LLC
Buyer's Agent
Jorden Cruley
Exp Realty, LLC (Mls Only)
List Price
$245,000
Sold Price
$250,000
Premium/Discount to List
$5,000
2.04%
Views
16
Current Estimated Value
$286,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,278
Avg. Annual Appreciation
5.19%
Original Mortgage
$245,471
Outstanding Balance
$239,615
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
$46,663

Purchase Details

Listed on
Sep 17, 2020
Closed on
Nov 30, 2020
Sold by
Buckley Robert L and Buckley Kathryn Day
Bought by
Barnett Stephen Graham and Barnett Jacqueline
Seller's Agent
Dan O'Connell
Exp Realty, LLC (Mls Only)
Buyer's Agent
Dan O'Connell
Exp Realty, LLC (Mls Only)
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.53%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Michael James $250,000 None Listed On Document
Barnett Stephen Graham $150,000 None Available
Barnett Stephen Graham $150,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Michael James $245,471
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/14/2023 07/14/23 Sold $250,000 +2.0% -- View Prior Sale
06/13/2023 06/13/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $245,000 +63.3% --
12/01/2020 12/01/20 Sold $150,000 0.0% $123 / Sq Ft View Prior Sale
11/01/2020 11/01/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $150,000 -- $123 / Sq Ft

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 $927 $231,880 $21,690 $210,190
2024 $927 $231,880 $21,690 $210,190
2023 $708 $231,980 $21,690 $210,290
2022 $708 $116,230 $9,270 $106,960
2021 $697 $116,430 $9,270 $107,160
2020 $667 $116,430 $9,270 $107,160
2018 $644 $122,060 $8,060 $114,000
2017 $644 $122,060 $8,060 $114,000
2016 $627 $122,060 $8,060 $114,000
2015 -- $122,060 $8,060 $114,000
2014 $466 $113,170 $8,290 $104,880
2013 -- $113,170 $8,290 $104,880
Source: Public Records

Agents Affiliated with this Home

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