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118 Papas Mountain Road

118 Papas Mountain Road, Franklin, NC 28734
Property in Macon
Sold Jul 08, 2004
$253,000
$225,500 by Champion Cu
Mortgage Due May 01, 2047
Local assessors in Franklin, NC have categorized 118 Papas Mountain Road as a residential type of property. The home was built in 1988 and is 36 years old. It was most recently renovated and altered in 1998. The property's lot size has been calculated to be 250,906 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 118 Papas Mountain Road has a total of 1,746 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 832 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a screened porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of wood were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 118 Papas Mountain Road was last sold in Jul 8, 2004 for $253,000. According to our calculations, that's $144.90 per sqft. Current property owners are expected to pay $1,550 in taxes per year. The property on 118 Papas Mountain Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $452,520. To break that down further, the land itself was valued at $72,280. While improvements to the property were assessed at a total of $380,240. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1998
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,164
  • Garage Type: Mixed use
  • Garage Square Area: 832
  • Parking Space Count: 3
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 250,906
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,746
  • Building Area: 1,746
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,746
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: STAR MOUNTAIN ESTATES
  • Land Acres: 5.76
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 2 & 3 STAR MTN EST

Ownership

  • Current Owner : THOMPSON MARK F
  • Previous Owner : MILLER JAMES S TRUSTEE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Macon County Schools
  • School Tax School District: F05 WEST MACON
  • Census Tract: 970700

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: MAP 6563
  • Account Number: 139686
  • District: 8
  • Parcel: 6563047092
  • Lot: 2 & 3
  • Municipality: CARTOOGECHAYE
  • Latitude: 35.1341
  • Longitude: -83.4802

    Address

  • Full Address: 118 Papas Mountain Rd
  • Address - House Number: 118
  • Address - Street Name: Papas Mountain
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Franklin
  • Carrier Code: R001
  • 4-Digit Zip Code: 8449
  • Zip Code: 28734

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,550

    Appraisal Valuation

  • Standard Deviation: 0.2257
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 68
  • Final Value: 506,715
  • High Value: 621,130
  • Low Value: 392,301

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,500
  • First Open Lien Mortgage Lender: CHAMPION CU
  • First Open Lien Mortgage Recording Date: Apr 25, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $225,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: May 01, 2047

    Market Valuation

  • Market Total Value: $452,520
  • Market Land Value: $72,280
  • Market Improvement Value: $380,240

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $452,520
  • Assessed Land Value: $72,280
  • Assessed Improvements Value: $380,240

    Sales

  • Current Sale Contract Date: Jul 08, 2004
  • Current Sale Recording Date: Jul 08, 2004
  • Current Sale Transaction ID: 1757882350
  • Current Sale Price: $253,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • First Mortgage Transaction Date: Jul 08, 2004
  • First Mortgage Loan Amount: $202,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2034

About Macon



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Frequently Asked Questions

What neighborhood is 118 Papas Mountain Road located in?
The 118 Papas Mountain Road is a located in the neighborhood of Macon in Macon, Franklin.
What is the average sales price for listings in 118 Papas Mountain Road?
The average sales price for units in 118 Papas Mountain Road is $0 currently.

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