1060 Lake Emory Road

1060 Lake Emory Road in Franklin, NC was first built in 1956 and is 68 years old. Although, the building on the property was most recently renovated and altered in 1985. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1060 Lake Emory Road has 1,254 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 61,855 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of composition shingle. Water for the property is sourced from a water system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a garage. The garage is 768 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing no heating system and being fueled with nothing. The property was last sold in Jun 18, 2021 for $180,000. That's $143.54 per sqft. 1060 Lake Emory Road was last assessed in 2023. The total value of the property was assessed at $173,030. Specifically, the land the property is located on was valued at $42,660. While improvements on the property were assessed at a total of $130,370. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $699. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.