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519 Wells Grove Road

519 Wells Grove Road, Franklin, NC 28734
Property in Macon
Local assessors in Franklin, NC have categorized 519 Wells Grove Road as a industrial type of property. The home was built in 1984 and is 40 years old. The property's lot size has been calculated to be 85,378 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 519 Wells Grove Road has a total of 8,100 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. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. The building has a gable style roof that was made of metal. Lots of masonry were used in the construction of the exterior walls of the home. The home's no heating system is the primary heating source and it is being fueled with nothing. The property was last sold in Nov 13, 2020 for $950,000. That's $117.28 per sqft. 519 Wells Grove Road was last assessed in 2020. The total value of the property was assessed at $475,910. Specifically, the land the property is located on was valued at $196,000. While improvements on the property were assessed at a total of $279,910. 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 $2,367. 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.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 3
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Basement Area: 0
  • Parking Type: Built-in
  • Garage Type: Carport
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 85,378
  • Total Building Area: 8,100
  • Building Area: 8,100
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: None
  • Heated Square Feet: 8,100
  • Heating Fuel Type: None

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Industrial
  • Subdivision: SCOTTIE B AND VICKY B THOMAS
  • Land Acres: 1.96
  • Standard Land Use Code: Warehouse (industrial)
  • Legal Description 1: WELLS GROVE RD RD 1667

Ownership

  • Current Owner : GT COMMERCIAL PROPERTIES LLC
  • Previous Owner : THOMAS SCOTTIE BRYANT
  • Previous Owner 2: THOMAS REBECCA Y
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Macon County Schools
  • School Tax School District: FRANKLIN FIRE D
  • Census Tract: 970301

Zoning

  • Zoning: FRANKLIN S

Geography

  • Assessors Map Reference: MAP 6594
  • District: 12
  • Parcel: 6594555625
  • Municipality: FRANKLIN CITY
  • Latitude: 35.1704
  • Longitude: -83.3666

    Address

  • Full Address: 519 Wells Grove Rd
  • Address - House Number: 519
  • Address - Street Name: Wells Grove
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Franklin
  • Carrier Code: R006
  • 4-Digit Zip Code: 7522
  • Zip Code: 28734

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $2,367

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $950,000
  • First Open Lien Mortgage Lender: SCOTTIE BRYANT THOMAS ETAL
  • First Open Lien Mortgage Recording Date: Nov 20, 2020
  • First Open Lien Mortgage Loan Amount: $950,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2035
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $475,910
  • Market Land Value: $196,000
  • Market Improvement Value: $279,910

    Assessments Valuation

  • Assessed Year: 2020
  • Assessed Total Value: $475,910
  • Assessed Land Value: $196,000
  • Assessed Improvements Value: $279,910

    Sales

  • Current Sale Contract Date: Nov 13, 2020
  • Current Sale Recording Date: Nov 20, 2020
  • Current Sale Transaction ID: 11802319161
  • Current Sale Price: $950,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020009205

    Last Sale Mortgage

  • First Mortgage Lender: SCOTTIE BRYANT THOMAS ETAL
  • First Mortgage Transaction Date: Nov 20, 2020
  • First Mortgage Loan Amount: $950,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Nov 01, 2035

About Franklin



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Frequently Asked Questions

What neighborhood is 519 Wells Grove Road located in?
The 519 Wells Grove Road is a located in the neighborhood of Macon in Franklin, Franklin.
What is the average sales price for listings in 519 Wells Grove Road?
The average sales price for units in 519 Wells Grove Road is $0 currently.

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