NOT LISTED FOR SALE

Estimated Value: $427,107 - $479,000

2 Beds
2 Baths
2,550 Sq Ft
$177/Sq Ft Est. Value

Last Sold January 20, 2022

Last sale price $335,000 $131 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,347/month

4 Days on Market

Highlights

  • Barn
  • Private Lot
  • Farmhouse Style Home
  • Deck
  • Wooded Lot
  • Covered Patio or Porch

About This Home

As of January 2022

A beautiful cabinesk home with breathtaking valley and layered mountain views while providing good access with frontier internet. Minutes to downtown Franklin located in between Highlands and Franklin. Home features beautiful mature growth tongue and groove pine walls on the interior. Master on main with an additional bedroom on same with 3rd bedroom and 2 bath on the upper level. Garage in the lower level that could be finished for additional living space. Detached garage with 220 power currently set up as a workshop and whole home generator. 2 additional outbuildings to provide ample storage. On the 5.45 acres, offering a privacy buffer with most property wooded requiring minimum maintenance are nicely matured fruit trees throughout property including 3 peach, apple, grapes, pear, and cherry.

Last Agent to Sell the Property

Jon Tharp

Keller Williams Great Smokies License #305462 Listed on: 12/02/2021

Keller Williams Great Smokies

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • Private Lot
  • Wooded Lot

HOA Fees

  • $32 Monthly HOA Fees

Home Design

  • Farmhouse Style Home
  • Rustic Architecture
  • Cabin
  • Metal Roof
  • Vinyl Siding
  • Log Siding

Interior Spaces

  • Gas Log Fireplace
  • Propane Fireplace
  • Insulated Windows

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Basement Garage
  • Workshop in Garage

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Fire Pit
  • Separate Outdoor Workshop

Utilities

  • Heat Pump System
  • Heating System Uses Propane
  • Power Generator
  • Septic Tank
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 7513960693

Community Details

Overview

  • Corundum Hill Estates Poa
  • Mandatory home owners association

Recreation

  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0

HOA Fees

$32 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin, Farmhouse, Rustic
  • Year Built: 1981
  • Ratio Current Price By Acre: 61467.89
  • Restrictions: Deed
  • Doors and Windows: Insulated Windows
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Structure Type: Two Story/Basement
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement, Basement Garage Door, Basement Outside Entrance
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Interior Amenities: Basement Shop, Cable Available, Garage Shop
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1275
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 960
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 960
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1275
  • Porch: Covered,Deck
  • Appliances: Dishwasher, Dryer, Gas Oven, Gas Range, Generator, Refrigerator, Washer
  • Accessibility Features: Two or More Access Exits
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Propane
  • Living Area: 2550
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Barn(s), Fire Pit, Workshop
  • New Construction: No
  • Roof: Metal
  • Tax Location: Franklin
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Log, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Attached Garage, Basement, Detached, Garage - 1 Car

Utilities

  • Heating: Heat Pump, Heat Pump, Propane
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Lower Level
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Walking Trails
  • Association Fee: 388
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Corundum Hill Estates POA
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Long Range View, Mountain View, Private, Views, Winter View, Wooded, Year Round View
  • Lot Size Units: Acres
  • Parcel Number: 7513960693
  • Zoning Description: R

Tax Info

  • RATIO List Price By Tax Amount: 2.61041

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2021
Closed on
Jan 18, 2022
Sold by
Workinger Fred R and Workinger Nancy A
Bought by
Foreman David J and Foreman Catherine Michelle
Seller's Agent
Jon Tharp
Keller Williams Great Smokies
Buyer's Agent
Non Member
Canopy Administration
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%
Current Estimated Value
$427,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,742
Avg. Annual Appreciation
7.77%
Original Mortgage
$225,000
Outstanding Balance
$207,366
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$244,911

Purchase Details

Closed on
Jul 8, 2009
Sold by
Workinger Fred R and Workinger Nancy A
Bought by
Cameron Canda L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Foreman David J $335,000 Sgro April L
Foreman David J $335,000 None Listed On Document
Cameron Canda L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foreman David J $225,000
Closed Foreman David J $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/20/2022 01/20/22 Sold $335,000 0.0% $263 / Sq Ft View Prior Sale
01/20/2022 01/20/22 Sold $335,000 -4.3% $131 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
12/06/2021 12/06/21 Pending -- -- --
12/02/2021 12/02/21 For Sale $349,900 +4.4% $137 / Sq Ft
10/24/2021 10/24/21 For Sale $335,000 -- $263 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,199 $322,550 $78,390 $244,160
2024 $1,199 $322,550 $78,390 $244,160
2023 $741 $322,550 $78,390 $244,160
2022 $741 $140,140 $40,020 $100,120
2021 $719 $134,040 $40,020 $94,020
2020 $577 $134,040 $40,020 $94,020
2018 $782 $170,640 $48,520 $122,120
2017 $782 $170,640 $48,520 $122,120
2016 $782 $170,640 $48,520 $122,120
2015 $759 $170,640 $48,520 $122,120
2014 $852 $242,840 $95,660 $147,180
2013 -- $242,840 $95,660 $147,180
Source: Public Records

Agents Affiliated with this Home

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3808197

Canopy MLS (Canopy Realtor® Association)

APN: 7513960693