See Home Value
Franklin 28734
17 W Palmer Street
$378,399*
Land - Off Market

17 W Palmer Street

Franklin, NC 28734
bedrooms
Studio
bathrooms
0 Bath
$300,000 - $366,000
Reference Base Price*
13.52%
Since Oct 1, 2021
National-US
Primary Model
Sold Dec 17, 2021
$290,000
$217,500 by First Citizens Bank & Trust Co
Mortgage
Sold Sep 30, 2009
$127,500
Buyer
$1,275,000 by Macon Bank Inc
Mortgage

About This Property

IN TOWN LOT! Don't miss this rare opportunity to have a 2.27 Acre LEVEL lot located inside the city limits. Surrounded by many successful businesses and within walking distance to downtown, breweries, coffee shops, restaurants and more! Wonderful location for your business, hotel, commercial rental strip or so many options! GREAT corner lot! Property is bordered on 3 sides by very busy roads: West Main St / Porter Street (Business US 441) / W Palmer Street and has a traffic light at corner. Level as can be and currently has 2 entry's in place on W Palmer side. Currently zoned Franklin Secondary Commercial.
Unit Size
-
Days on Market
-
Land Size
2.27 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Dec 17, 2021 Sold $290,000
Sold
Sep 9, 2021 No longer available -
No longer available
Aug 19, 2021 Price Decreased $333,333
↓ $28K (7.6%)
Price Decreased
Jul 27, 2021 Price Decreased $360,900
↓ $11K (2.9%)
Price Decreased
Jun 8, 2021 Price Decreased $371,777
↓ $19K (4.9%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 98,881
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Vacant
  • Subdivision: WNC HOSPITALITY INC
  • Land Acres: 2.27
  • Standard Land Use Code: Commercial-vacant land
  • Legal Description 1: VACANT LOT

Ownership

  • Current Owner : DENALI HOLDINGS LLC
  • Previous Owner : FIRST CITIZENS BANK & TRUST COMPANY
  • Owner Before Previous Owner: MACON BANK INC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Macon County Schools
  • School Tax School District: F01 FRANKLIN
  • Census Tract: 970302

Zoning

  • Zoning: FC2

Geography

  • Assessors Map Reference: MAP 6594
  • Account Number: 151354
  • District: 12
  • Parcel: 6594091478
  • Municipality: FRANKLIN CITY
  • Latitude: 35.1803
  • Longitude: -83.3851

    Address

  • Full Address: 17 W Palmer St
  • Address - House Number: 17
  • Street Direction: W
  • Address - Street Name: Palmer
  • Address - Suffix Type: St
  • State: NC
  • City Name: Franklin
  • Carrier Code: C004
  • 4-Digit Zip Code: 3046
  • Zip Code: 28734

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $915

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $217,500
  • First Open Lien Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Dec 17, 2021
  • First Open Lien Mortgage Loan Amount: $217,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $283,750
  • Market Land Value: $283,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $283,750
  • Assessed Land Value: $283,750

    Sales

  • Current Sale Contract Date: Dec 16, 2021
  • Current Sale Recording Date: Dec 17, 2021
  • Current Sale Transaction ID: 11875378455
  • Current Sale Price: $290,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2021011836
  • Previous Sale Recording Date: Sep 30, 2009
  • Previous Sale Contract Date: Sep 28, 2009
  • Previous Sale Amount: $127,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • First Mortgage Transaction Date: Dec 17, 2021
  • First Mortgage Loan Amount: $217,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: MACON BANK INC
  • Previous Mortgage Transaction Date: Sep 30, 2009
  • Previous Mortgage Loan Amount: $1,275,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Franklin


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 67 Dearmin Terrace 67, Franklin, NC, 28734

$1,350 /mo

  • 2 Beds
  • 1 Bath
  • 750 ft²
67 Dearmin Terrace 67 #Unit 67, Franklin, NC, 28734 Listing by Manager


Frequently Asked Questions

When was property at 17 West Palmer Street built and last sold?
The property at 17 West Palmer Street was built in and last sold on Dec 16, 2021 for $290,000.
How much is this home worth?
The estimated value of the home located at 17 West Palmer Street is $336,666.
What are some comparable homes to 17 West Palmer Street?
There are currently no comparable homes to 17 West Palmer Street.

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