77 East Main Street

77 East Main Street in Franklin, NC was first built in 1963 and is 61 years old. Although, the building on the property was most recently renovated and altered in 1998. This has been categorized as a commercial property type. It is a single story home. There are 2 partial bathrooms. 77 East Main Street has 4,480 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. The basement is 4,480 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 10,890 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a flat style roof made of tar and gravel. Water for the property is sourced from a water system. The property is connected to a sewer system. 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 brick 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 brick. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. 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, 77 East Main Street was last sold in Feb 27, 2018 for $407,000. According to our calculations, that's $90.85 per sqft. Current property owners are expected to pay $3,451 in taxes per year. The property on 77 East Main Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,031,330. To break that down further, the land itself was valued at $226,560. While improvements to the property were assessed at a total of $804,770. 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. 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.