Sold for $605,000

$605,000

402 Prater Cove Rd, Franklin, NC 28734

3beds

3,056sqft

Residential

Built in 1976

16.67 Acres Lot

$602,700 Zestimate^®

$198/sqft

$2,630 Estimated rent

Home value

$602,700

$464,000 - $777,000

$2,630/mo

Zestimate^® history

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$2,630/mo

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$2,630/mo

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$3,605/mo

Est. payment

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$3,605/mo

Est. payment

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What's special

Bonus roomsPaved drivewayAdditional living spaceLarge bedroomsWood accent wallSmall creekNew ceiling fans

Are you looking for that forever home with room to grow, or that retirement home with privacy and yet not far from town then this may be the one for you. House comes with 3- large bedrooms and 3 full bathrooms, additional living space on the lower level with 2 additional bonus rooms. Solar system, Anderson windows, wood accent wall, paved driveway with plenty of parking are just a few of improvements made on this house. Property comes with just over 16+- acres with some pasture and small creek which makes it ideal for animals. House will need some minor repairs which is reflected in the list price. Interior has recently been freshly painted, all receptacles and cover plates have been replaced, new ceiling fans, and HVAC ducts have been professionally cleaned/vacuumed are just a few of the repairs.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3
Main level bathrooms: 1

Primary bedroom

Level: Second
Area: 437
Dimensions: 23 x 19

Bedroom 2

Level: First
Area: 247
Dimensions: 19 x 13

Bedroom 3

Level: Second
Area: 247
Dimensions: 19 x 13

Dining room

Level: First
Area: 237.5
Dimensions: 12.5 x 19

Family room

Area: 408
Dimensions: 22.67 x 18

Kitchen

Level: First
Area: 127
Dimensions: 10.58 x 12

Living room

Level: First
Area: 380
Dimensions: 20 x 19

Heating

Solar, Wood, Propane, Heat Pump

Cooling

Central Electric

Appliances

Included: Dishwasher, Water Filter System, Microwave, Electric Oven/Range, Refrigerator, Washer, Dryer, Electric Water Heater
Laundry: First Level

Features

Bonus Room, Breakfast Room, Cathedral/Vaulted Ceiling, Ceiling Fan(s), Formal Dining Room, Great Room, Large Master Bedroom, Main Level Living, Primary w/Ensuite, Rec/Game Room, Split Bedroom, Walk-In Closet(s), Workshop
Flooring: Other-See Remarks
Doors: Doors-Insulated, Doors-Insulated/Storm
Windows: Insulated Windows, Skylight(s)
Basement: Full,Heated,Recreation/Game Room,Workshop,Exterior Entry,Interior Entry,Finished Bath
Attic: Storage Only
Has fireplace: Yes
Fireplace features: Wood Burning, Gas Log, Basement

Interior area

Total structure area: 3,056
Total interior livable area: 3,056 sqft

Property

Parking

Parking features: Garage-Double Attached, Garage Door Opener, Paved Driveway
Attached garage spaces: 2
Has uncovered spaces: Yes

Features

Patio & porch: Deck
Has view: Yes
View description: Long Range View
Waterfront features: Stream/Creek

Lot

Size: 16.67 Acres
Features: Allow RVs, Level Yard, Pasture, Private, Suitable for Horses, Unrestricted
Residential vegetation: Partially Wooded

Details

Parcel number: 6583169292
Horses can be raised: Yes

Construction

Type & style

Home type: SingleFamily
Architectural style: Contemporary
Property subtype: Residential

Materials

Composition Siding, Stone, Block
Foundation: Slab
Roof: Fiberglass,Shingle

Condition

Year built: 1976

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Cell Service Available

Community & HOA

Community

Security: Carbon Monoxide Detector(s)

Location

Region: Franklin

Financial & listing details

Price per square foot: $198/sqft
Tax assessed value: $671,020
Annual tax amount: $2,425
Date on market: 6/11/2025
Listing terms: Cash,Conventional
Road surface type: Paved, Gravel

Price history

Date	Event	Price
8/8/2025	Sold	$605,000-6.9%$198/sqft
Source: Carolina Smokies MLS #26041224 Report a problem
6/18/2025	Contingent	$649,900$213/sqft
Source: Carolina Smokies MLS #26041224 Report a problem
4/23/2025	Price change	$649,900-7.1%$213/sqft
Source: Carolina Smokies MLS #26040206 Report a problem
3/31/2025	Price change	$699,900-4%$229/sqft
Source: Carolina Smokies MLS #26040206 Report a problem
3/24/2025	Price change	$729,000-2.7%$239/sqft
Source: Carolina Smokies MLS #26040206 Report a problem
3/12/2025	Listed for sale	$749,000$245/sqft
Source: Carolina Smokies MLS #26040206 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,401	$671,020
2024	$2,401 +5.7%	$671,020 0%
2023	$2,272 +11.5%	$671,320 +63.5%
2022	$2,038 +3.2%	$410,550
2021	$1,974 +5.6%	$410,550
2020	$1,870 +0.7%	$410,550
2019	$1,857 +19%	$410,550 +13%
2018	$1,561	$363,260
2017	--	$363,260
2016	--	$363,260
2015	--	$363,260 -41.6%
2014	--	$622,110