NOT LISTED FOR SALE

95 Classic Dr Franklin, NC 28734

Estimated Value: $195,000 - $238,000

2 Beds
2 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold February 03, 2021

Last sale price $93,000

Est. 140% increase in value since last sale

Current estimated payment $1,229/month

49 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Views
  • Living Area on First Floor
  • Window Unit Cooling System
  • 1 Detached Carport Space

About This Home

As of February 2021

Close to Town Duplex with 1 Bedroom, 1 Bath each side. Immediate Income! For past 2 years, owner rented each side for $500 a month. Currently only one side is rented while on the market. Each Unit has a Covered Porch and Same Floor Plan. Right Side #95 has One Car Carport. Paved Easy Access, only 5 Minutes to Bi Lo, 7 minutes to Walmart. In 2018, Rapid Rooter Plumbing replaced main Sanitary Sewer line, approx. 130' feet from outside home into the Septic Tank, ($2,400). Septic System is on adjoining Property (75 Classic Dr.), Recorded Easement is in the Deed. Shared Well is approximately $200 a year. Interior Photos are from only one Unit. Washer/Dryer Hookups in Both. Spacious Kitchen with plenty of Cabinets. #95 is Unit on the Right, #97 is Unit on Left. Current Tenants are on a Month to Month arrangement. With the shortage of Rentals in our Market --- this is a great investment with tenants in place and an Income Stream from Day 1.

Last Agent to Sell the Property

Kathy Clifton

Bald Head Realty Brokerage Phone: 8283690000 License #189386 Listed on: 11/15/2020

Last Buyer's Agent

Matthew Elliott

RE/MAX Elite Realty License #276589

RE/MAX Elite Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $227

Year Built

  • Built in 1976

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Living Area on First Floor
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Electric Oven or Range
  • Laundry on main level
  • Property Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • 1 Detached Carport Space

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Shared Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 7504636896

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$227

Year Built

Built in 1976

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Sub Type: Multi Family,Current Rental,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Directions: From Franklin, go East on Hwy. 64/Highlands Road, 3 miles, Turn Left on Classic Drive. Duplex will be on the right.
  • Architectural Style: Ranch/Single
  • Carport Y N: Yes
  • Garage Yn: No
  • Structure Type: Multi Family
  • Year Built: 1976
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Refrigerator, Electric Oven/Range
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Other Doors (See Remarks)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Primary on Main Level, Main Level Living, Kitchen/Dining Room
  • Main Level Bathrooms: 2
  • Window Features: Other Windows (See Remarks)
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 116.6
  • Room Living Room Area: 195
  • Room Kitchen Area: 86.4
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 10.6
  • Room Master Bedroom Area: 116.6

Exterior Features

  • Lot Features: Level, Level Yard, Unrestricted
  • View: Short Range View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Porch
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Carport-Single Detached

Utilities

  • Laundry Features: First Level
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank, See Remarks
  • Water Source: Shared Well
  • Gas Company: Propane Tank: None

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel #: 7504636896
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 226.51
  • Tax Book Number: L-38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2023
Sold by
Hba-Nc I Llc
Bought by
Buchanan Josh E and Buchanan Emily M
Current Estimated Value
$222,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,500
Outstanding Balance
$137,310
Interest Rate
7.23%
Mortgage Type
Construction
Estimated Equity
$85,670

Purchase Details

Listed on
Nov 15, 2020
Closed on
Feb 2, 2021
Sold by
Green Christopher S and Green Amanda B
Bought by
Hba Nc I Llc
Seller's Agent
Kathy Clifton
Bald Head Realty
Buyer's Agent
Matthew Elliott
RE/MAX Elite Realty
List Price
$93,000
Sold Price
$93,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.20%

Purchase Details

Listed on
Feb 19, 2018
Closed on
Mar 8, 2018
Sold by
Bennett Laverne G and Bennett C W
Bought by
Green Christopher S
Seller's Agent
Nancy Sellers (E)
Sellers Real Estate #1
Buyer's Agent
Kathy Clifton
Bald Head Realty
List Price
$44,500
Sold Price
$44,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.94%
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
Buchanan Josh E $245,000 None Listed On Document
Hba Nc I Llc $93,000 None Available
Hba-Nc I Llc $93,000 None Listed On Document
Green Christopher S $44,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buchanan Josh E $208,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/03/2021 02/03/21 Sold $93,000 0.0% --
01/04/2021 01/04/21 Pending -- -- --
11/15/2020 11/15/20 For Sale $93,000 +109.0% --
03/14/2018 03/14/18 Sold $44,500 0.0% -- View Prior Sale
02/19/2018 02/19/18 For Sale $44,500 -- --
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 $651 $166,890 $23,840 $143,050
2024 $651 $166,890 $23,840 $143,050
2023 $356 $109,030 $23,840 $85,190
2022 $356 $52,530 $8,040 $44,490
2021 $348 $52,630 $8,040 $44,590
2020 $227 $52,630 $8,040 $44,590
2018 $0 $72,980 $6,340 $66,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26017824

APN: 7504636896