NOT LISTED FOR SALE

891 Lake Ledford Rd Franklin, NC 28734

Estimated Value: $352,000 - $393,025

1 Bed
1.5 Baths
-- Sq Ft
22.5 Acres

Last Sold May 12, 2022

Last sale price $290,000

Est. 24% increase in value since last sale

Current estimated payment $2,060/month

3 Days on Market

Highlights

  • Additional Residence on Property
  • 22.5 Acre Lot
  • Deck
  • RV Access or Parking
  • Heavily Wooded Lot
  • Private Lot

About This Home

As of May 2022

22.5 UNRESTRICTED Acres only 5 miles to downtown Franklin NC. 2 living quarters. Long-range views from the build site on top of the mountain. Totally private Estate getaway or build your dream home on top or bottom of your own mountain. Huge potential for this property. The possibilities are endless. Building site at the top with a drilled, never used well already in place. There are additional 2 wells on the property. The bottom was open meadows at one time and can be again with some tree removal. Enjoy the spring fed stream at the bottom of the property. Sit back and relax by the double sided woodburning stone fireplace. Leave the hectic highways behind and come enjoy the smoky mountains!

Last Agent to Sell the Property

Marty Kimsey

Re/Max Elite Realty Brokerage Phone: 8283494600 License #53843 Listed on: 03/25/2022

Last Buyer's Agent

Board Member Non

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,169

Year Built

  • Built in 1962

Lot Details

  • 22.5 Acre Lot
  • Home fronts a stream
  • Dirt Road
  • Private Lot
  • Level Lot
  • Heavily Wooded Lot

Home Design

  • Cottage
  • Cabin
  • Shingle Roof
  • Wood Siding
  • Asbestos

Interior Spaces

  • Wood Burning Fireplace
  • Insulated Doors
  • Living Area on First Floor
  • Screened Porch
  • Crawl Space
  • Property Views

Kitchen

  • Electric Oven or Range
  • Microwave

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main

Parking

  • 2 Car Detached Garage
  • 2 Detached Carport Spaces
  • RV Access or Parking

Outdoor Features

  • Deck
  • Outdoor Storage

Additional Homes

  • Additional Residence on Property

Utilities

  • No Cooling
  • Heating Available
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 6583039262

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,169

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 22.5
  • Road Surface Type: Gravel, Dirt
  • Ownership: More than One Year
  • Directions: From Franklin take 441S towards Clayton take right onto Setser Branch Rd. (just before Tractor Supply). Go straight until dead ends and take a right onto Lake Ledford Rd. It will dead end into property on right. Look for LA Sign.
  • Architectural Style: Cottage, Cabin
  • Carport Y N: Yes
  • Garage Yn: No
  • Year Built: 1962
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8283494600
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Refrigerator, Microwave, Electric Oven/Range
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Doors-Insulated
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Main Level Living, Pantry
  • Master Bedroom Master Bedroom Level: First
  • Room Kitchen Area: 153
  • Master Bedroom Master Bedroom Width: 13
  • Room Master Bedroom Area: 234

Exterior Features

  • Lot Features: Private, Allow RVs, Level, Rolling, Unrestricted
  • View: View Year Round, Long Range View
  • View: Yes
  • Waterfront Features: Stream/Creek
  • Home Warranty: No
  • Waterfront Elevation: 2479
  • Construction Type: Asbestos, Wood Siding
  • Other Structures: Storage Building/Shed, Detached Additional Living Space
  • Patio And Porch Features: Porch, Deck, Screened Porch/Deck
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 980100
  • Parcel #: 6583039262
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1169.39
  • Tax Book Number: S-37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
Apr 26, 2022
Sold by
Mary Louise Mcwhorter Revocable Trust
Bought by
Cicchella Brian and Cicchella Elizabeth
Seller's Agent
Marty Kimsey
Re/Max Elite Realty
Buyer's Agent
Board Member Non
List Price
$290,000
Sold Price
$290,000
Current Estimated Value
$359,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,861
Avg. Annual Appreciation
6.04%
Original Mortgage
$145,000
Outstanding Balance
$138,572
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$212,687

Purchase Details

Closed on
Nov 10, 2016
Sold by
Mcwhorter Mary Louise and Fox Mary Louise
Bought by
Mcwhorter Mary Louise and Mary Louise Mcwhorter Revocable Trust

Purchase Details

Closed on
Nov 2, 1988
Sold by
Fox Mary Louise Cochrane Pers Rep Of T
Bought by
Fox Mary Louise C
Source: Public Records

Range of Values:

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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
Cicchella Brian $290,000 Sgro April L
Mcwhorter Mary Louise -- Attorney
Fox Mary Louise C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cicchella Brian $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $290,000 0.0% --
03/29/2022 03/29/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $290,000 -- --
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 $1,186 $284,780 $173,520 $111,260
2023 $1,169 $284,780 $173,520 $111,260
2022 $1,169 $191,040 $112,650 $78,390
2021 $1,169 $198,540 $112,650 $85,890
2020 $1,119 $198,540 $112,650 $85,890
2018 $1,172 $230,860 $137,700 $93,160
2017 $1,172 $230,860 $137,700 $93,160
2016 $1,172 $230,860 $137,700 $93,160
2015 $1,126 $230,860 $137,700 $93,160
2014 $1,265 $335,730 $228,720 $107,010
2013 -- $335,730 $228,720 $107,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26024697

APN: 6583039262