NOT LISTED FOR SALE

918 Bailey Rd Franklin, NC 28734

Estimated Value: $196,382 - $230,000

1 Bed
1 Bath
850 Sq Ft
$250/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $130,000 $153 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,160/month

4 Days on Market

Highlights

  • Deck
  • Partially Wooded Lot
  • Main Floor Primary Bedroom
  • Ranch Style House
  • Wood Flooring
  • Bonus Room

About This Home

As of December 2020

ATTENTION first time home buyers, small families, or investors looking for rental income don't miss this charming home in a quiet neighborhood, just a few minutes from town! 2020 is the year of upgrades and this home has benefited from a new metal roof, vinyl siding, new windows throughout, mini split heating and air system, and a beautiful new partial wraparound deck that's perfect for entertaining. This home has1 bedroom, 1 bathroom, and a nice sized bonus room that could be utilized as a second bedroom, craft room, or office. Outside is a 2 car carport, outbuilding, and low maintenance yard.

Last Agent to Sell the Property

Cory Watson

Franklin Nc Real Estate Brokerage Phone: 8284214119 License #321195 Listed on: 11/12/2020

Last Buyer's Agent

Cory Watson

Franklin Nc Real Estate Brokerage Phone: 8284214119 License #321195 Listed on: 11/12/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $288

Year Built

  • Built in 1953

Lot Details

  • 0.44 Acre Lot
  • Level Lot
  • Partially Wooded Lot

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 850 Sq Ft Home
  • Insulated Windows
  • Living Area on First Floor
  • Bonus Room
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Recirculated Exhaust Fan

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • 2 Detached Carport Spaces

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Propane
  • Mini Split Heat Pump
  • Heating System Powered By Leased Propane
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Echo Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7506193325

Home Details

Home Type

Single Family

Est. Annual Taxes

$288

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.44
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Subdivision Name: Echo Valley
  • Directions: Take US-23 N/US-441 N to Echo Valley Rd, turn left onto Bailey Rd
  • Architectural Style: Ranch/Single, Traditional
  • Carport Y N: Yes
  • Garage Yn: No
  • Year Built: 1953
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8284214119
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Refrigerator, Exhaust Fan, Dryer, Washer, Electric Oven/Range
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl, Hardwood
  • Interior Amenities: Bonus Room, Main Level Living
  • Living Area: 850
  • Window Features: Insulated Windows
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Living Room Area: 223.68
  • Room Kitchen Area: 129.375
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 11.3
  • Room Master Bedroom Area: 129.95

Exterior Features

  • Lot Features: Level Yard
  • View: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Other Structures: Storage Building/Shed
  • Patio And Porch Features: Deck
  • Roof: Metal

Garage/Parking

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

Utilities

  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Mini-Split, Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank, See Remarks
  • Water Source: Well, Private
  • Gas Company: Propane Tank: Leased

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 19166.4
  • Parcel #: 7506193325
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 288.18
  • Tax Book Number: Q-27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Dec 18, 2020
Sold by
Libasci Jessica and Libasci Eric
Bought by
Jones Rena V and Jones James A
Seller's Agent
Cory Watson
Franklin Nc Real Estate
Buyer's Agent
Cory Watson
Franklin Nc Real Estate
List Price
$130,000
Sold Price
$130,000
Current Estimated Value
$212,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,096
Avg. Annual Appreciation
10.69%
Original Mortgage
$127,645
Outstanding Balance
$113,642
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$98,454
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
Jones Rena V $130,000 None Available
Jones Rena V $130,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Rena V $127,645
Closed Jones Rena V $127,645
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $130,000 0.0% $153 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $130,000 -- $153 / 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 $434 $92,320 $25,430 $66,890
2024 $434 $92,320 $25,430 $66,890
2023 $310 $92,320 $25,430 $66,890
2022 $310 $42,280 $11,520 $30,760
2021 $303 $42,880 $11,520 $31,360
2020 $288 $41,980 $11,520 $30,460
2018 $285 $47,030 $11,830 $35,200
2017 $285 $47,030 $11,830 $35,200
2016 $280 $47,030 $11,830 $35,200
2015 $257 $47,030 $11,830 $35,200
2014 $250 $57,630 $13,160 $44,470
2013 -- $57,630 $13,160 $44,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26017816

APN: 7506193325