NOT LISTED FOR SALE

103 Gray Cove Rd Franklin, NC 28734

Estimated Value: $381,025 - $417,000

3 Beds
3 Baths
288 Sq Ft
$1,387/Sq Ft Est. Value

Last Sold December 11, 2019

Last sale price $222,880 $774 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,253/month

53 Days on Market

Highlights

  • 2.86 Acre Lot
  • Private Lot
  • Valley View
  • Open Floorplan
  • Wooded Lot
  • Ranch Style House

About This Home

As of December 2019

Amazing year round mountain and valley views from this beautiful furnished home with 3 bedrooms, 3 baths, a bonus room & a garage on 2.68 acres. You'll feel right at home when you walk into this beautiful home with the inviting great room that encompasses the kitchen, dining and living room with the stacked stone wood burning fireplace and a little alcove for your desk. Step out on to the rocking chair covered porch and get lost in the amazing year round mountain and valley view. Down the hall is a full guest bath and the master suite with a sitting room and walk in shower in the master bath. Downstairs to the left is bedroom 2 and 3 with a full bath between them and to the right is the long single car garage with a gas powered generator and built in workshop. Walk out the access door to the concrete covered patio and then explore the 2.68 acres which is both cleared and treed and all of it is usable, including a fire pit. This is a great home for both full or part time living just minutes to town.

Last Buyer's Agent

Jamie Stamey

Unique Properties Of Franklin License #160001

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $797

Year Built

  • Built in 1996

Lot Details

  • 2.86 Acre Lot
  • Private Lot
  • Open Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • 1 Car Garage
  • Basement Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Composition Roof
  • Vinyl Siding
  • Block And Beam Construction

Interior Spaces

  • Open Floorplan
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Insulated Windows
  • Window Treatments
  • Great Room
  • Living Area on First Floor
  • Valley Views
  • Washer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Workshop
  • Finished Basement Bathroom
  • Laundry in Basement

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Central Air
  • Heating System Uses Wood
  • Power Generator
  • Well
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 7514313555

Home Details

Home Type

Single Family

Est. Annual Taxes

$797

Year Built

Built in 1996

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 2.86
  • Road Surface Type: Gravel, Paved
  • Ownership: More than One Year
  • Directions: Highlands Road, Left on Ellijay Road, Right on Gray Cove Rd, Right at #103 LO Sign.
  • Architectural Style: Ranch/Single
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 1996
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8285240100
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Electric Water Heater, Microwave, Dishwasher, Electric Oven/Range, Washer, Refrigerator
  • Other Equipment: Generator, Satellite Dish
  • Has Basement: Full, Heated, Finished Bath, Partitioned, Washer/Dryer Hook-up, Finished, Workshop
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Stone
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Cathedral/Vaulted Ceiling, Large Master Bedroom, Primary on Main Level, Split Bedroom, Living/Dining Room, Main Level Living, Ceiling Fan(s), Great Room, Primary w/Ensuite, Open Floorplan
  • Window Features: Windows-Insulated/Storm, Window Treatments
  • Room Bedroom2 Level: Basement
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: Basement
  • Room Kitchen Area: 144
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 15
  • Room Master Bedroom Area: 255

Exterior Features

  • Lot Features: Private, Wooded, Rolling, Open Lot
  • View: Valley, Long Range View, View-Winter, View Year Round, Short Range View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Block, Vinyl Siding
  • Patio And Porch Features: Porch
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage-Single in Basement, Garage Door Opener

Utilities

  • Laundry Features: In Basement
  • Cooling: Central Electric, Other, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Wood
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Well
  • Gas Company: Propane Tank: None
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 124581.6
  • Parcel #: 7514313555
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 797.37
  • Tax Book Number: U-29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2019
Closed on
Nov 25, 2019
Sold by
Geegan Donald J
Bought by
Carroll Daron Mathew and Carroll Mary Louise
Buyer's Agent
Jamie Stamey
Unique Properties Of Franklin
List Price
$222,880
Sold Price
$222,880
Current Estimated Value
$394,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,941
Avg. Annual Appreciation
10.14%

Purchase Details

Closed on
Nov 18, 2005
Sold by
Penland Robert L and Penland Helen L
Bought by
Geegan Donald L and Donald J Geegan Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Carroll Daron Mathew $223,000 None Available
Geegan Donald L $167,500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2019 12/11/19 Sold $222,880 0.0% $774 / Sq Ft
11/11/2019 11/11/19 Pending -- -- --
09/18/2019 09/18/19 For Sale $222,880 -- $774 / Sq Ft
Source: Carolina Smokies Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $271,120 $64,650 $206,470
2023 $878 $271,320 $64,650 $206,670
2022 $878 $158,610 $26,850 $131,760
2021 $852 $163,210 $26,850 $136,360
2020 $810 $163,210 $26,850 $136,360
2018 $813 $178,230 $33,150 $145,080
2017 $813 $178,230 $33,150 $145,080
2016 $813 $178,230 $33,150 $145,080
2015 $790 $178,230 $33,150 $145,080
2014 $741 $208,310 $49,230 $159,080
2013 -- $208,310 $49,230 $159,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26013664

APN: 7514313555