NOT LISTED FOR SALE

902 Cherokee Mine Rd Franklin, NC 28734

Estimated Value: $310,000 - $339,000

2 Beds
1.5 Baths
816 Sq Ft
$397/Sq Ft Est. Value

Last Sold October 04, 2024

Last sale price $315,300 $386 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,749/month

6 Days on Market

Highlights

  • 1.74 Acre Lot
  • Partially Wooded Lot
  • Living Area on First Floor
  • Open Floorplan
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of October 2024

Serene 2 bedroom 1.5 bath cabin nestled in the trees with a nice mountain view. Inside you will be mesmerized by the beautiful wood finishes and Franklin Wood stove. Out back nature lovers will find a cozy screened in porch, perfect for enjoying all seasons but especially autumn. Home is being sold furnished along with bedding and most of the home decor. Come see this home today and you will "fall" in love!

Last Agent to Sell the Property

Ray Fleenor, Jr.

Ray Fleenor Realty Brokerage Phone: 8039847125 License #308280 Listed on: 09/12/2024

Last Buyer's Agent

Connie Millsaps

RE/MAX Elite Realty License #117723

RE/MAX Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $653

Year Built

  • Built in 1969

Lot Details

  • 1.74 Acre Lot
  • Level Lot
  • Partially Wooded Lot

Home Design

  • Rustic Architecture
  • Cabin
  • Metal Roof
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Living Area on First Floor
  • Screened Porch
  • Laminate Flooring
  • Crawl Space
  • Storm Windows
  • Property Views

Kitchen

  • Electric Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • 2 Detached Carport Spaces

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Air
  • Heating System Uses Wood
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Eastern Cherokee Lands Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 7508350168

Home Details

Home Type

Single Family

Est. Annual Taxes

$653

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.74
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Subdivision Name: Eastern Cherokee Lands
  • Directions: From the town of Franklin, Head north on Iotla St toward E Church St, Continue onto Riverview St, Turn left onto NC-28, turn right onto 1340/Cowee Creek Rd, stay right onto Cowee Creek Rd Continue straight onto Ruby Mine Rd., take a slight left towards Cherokee Mine Rd. and continue, the house will be on your right.
  • Architectural Style: Cabin
  • Carport Y N: Yes
  • Garage Yn: No
  • Year Built: 1969
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • NAV27_AllowsVacationRentalYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Microwave, Electric Oven/Range, Refrigerator, Washer, Dryer
  • Other Equipment: Satellite Dish
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fan(s), Main Level Living, Open Floorplan
  • Window Features: Windows-Storm Part
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 106.02
  • Room Living Room Area: 282.58
  • Room Kitchen Area: 85.56
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 11.7
  • Room Master Bedroom Area: 122.85
  • Room Dining Room Area: 147.44

Exterior Features

  • Lot Features: Level Yard
  • View: Long Range View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Rustic Appearance
  • Other Structures: Storage Building/Shed
  • Patio And Porch Features: Screened Porch/Deck
  • Roof: Metal

Garage/Parking

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

Utilities

  • Cooling: Central Electric
  • Cooling Y N: Yes
  • Heating: Wood, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Well
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 75794.4
  • Parcel #: 7508350168

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 653.42
  • Tax Book Number: H-41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Oct 15, 2024
Sold by
Smith Bruce Wayne and Smith Glenda Jean
Bought by
Lepsic Robert
Seller's Agent
Ray Fleenor, Jr.
Ray Fleenor Realty
Buyer's Agent
Connie Millsaps
RE/MAX Elite Realty
List Price
$324,900
Sold Price
$315,300
Premium/Discount to List
-$9,600
-2.95%
Views
12
Current Estimated Value
$323,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,685
Avg. Annual Appreciation
2.60%
Original Mortgage
$299,535
Outstanding Balance
$296,386
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$27,599

Purchase Details

Listed on
Jul 27, 2021
Closed on
Oct 5, 2021
Sold by
Beaty Robert Burrell and Beaty Kathleen Louise
Bought by
Smith Bruce Wayne and Smith Glenda Jean
Seller's Agent
Vickie Kimsey
Real Estate In The Mountains - Vickie Kimsey Team
Buyer's Agent
Ray Fleenor, Jr.
Real Estate In The Mountains - Vickie Kimsey Team
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.71%
Original Mortgage
$156,565
Interest Rate
2.8%
Mortgage Type
New Conventional
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
Lepsic Robert $315,500 None Listed On Document
Smith Bruce Wayne $155,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lepsic Robert $299,535
Previous Owner Smith Bruce Wayne $156,565
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2024 10/04/24 Sold $315,300 -3.0% $386 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $324,900 +109.6% $398 / Sq Ft
10/05/2021 10/05/21 Sold $155,000 0.0% $190 / Sq Ft View Prior Sale
09/05/2021 09/05/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $155,000 -- $190 / 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 $653 $152,280 $35,140 $117,140
2024 $653 $152,280 $35,140 $117,140
2023 $501 $152,280 $35,140 $117,140
2022 $501 $76,010 $21,560 $54,450
2021 $501 $76,510 $21,560 $54,950
2020 $482 $76,510 $21,560 $54,950
2018 $485 $84,940 $23,680 $61,260
2017 $0 $84,940 $23,680 $61,260
2016 $485 $84,940 $23,680 $61,260
2015 -- $84,940 $23,680 $61,260
2014 $419 $95,660 $34,380 $61,280
2013 -- $95,660 $34,380 $61,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26037871

APN: 7508350168