$234,500
SOLD DEC 4, 2024

118 4 Wheel Dr Franklin, NC 28734

2 Beds
1 Bath
1,072 Sq Ft
1.5 Acres

Recently Sold

$219 Per Sq Ft

6% Below List Price

43 Days on Market

Highlights

  • RV Access or Parking
  • Wood Burning Stove
  • Living Area on First Floor
  • Open Floorplan
  • Ranch Style House
  • No HOA

About This Home

As of December 2024

Enjoy the convenience of this 2 bedroom/1 bath ranch-style home with all living spaces on one floor. Large kitchen with ample cabinets and counterspace for all your cooking needs. Family room has a bay widow allowing in plenty of natural light. Primary bedroom has two closets (one is a walk-in). Updated bathroom and large laundry room with an abundance of storage. Back deck is perfect for a BBQ or hanging out. 1.5 usable acres offers plenty of yard for all your outdoor activities. There are two sheds perfect for additional storage, hobbies, or DIY projects. The two carports provide covered parking for multiple vehicles. Easy access and only 1.5 miles to downtown Franklin.

Last Agent to Sell the Property

Stacy Hyatt

Appalachian Real Estate Brokerage Phone: 8284881010 License #255634 Listed on: 07/26/2024

Last Buyer's Agent

Larry Rogers

Lamplighter Realty License #187828

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $895

Year Built

  • Built in 1972

Lot Details

  • 1.5 Acre Lot
  • Level Lot
  • Open Lot

Home Design

  • Ranch Style House
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Fireplace
  • Wood Burning Stove
  • Insulated Windows
  • Living Area on First Floor
  • Crawl Space

Kitchen

  • Open to Family Room
  • Gas Oven or Range
  • Recirculated Exhaust Fan

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • 2 Detached Carport Spaces
  • RV Access or Parking

Outdoor Features

  • Outbuilding
  • Porch

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 6596606900

Home Details

Home Type

Single Family

Est. Annual Taxes

$895

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.5
  • Road Surface Type: Paved
  • Ownership: Less than One Year
  • Subdivision Name: None
  • Directions: Hwy 441 N to left on Lake Emory Rd. Follow to 4 Wheel Dr on left. House on left.
  • Architectural Style: Ranch/Single
  • Carport Y N: Yes
  • Garage Yn: No
  • Year Built: 1972
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8284881010
  • NAV27_AllowsVacationRentalYN: Yes
  • Special Features: 1028

Interior Features

  • Appliances: Electric Water Heater, Exhaust Fan, Gas Oven/Range, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Vinyl, Laminate
  • Interior Amenities: Ceiling Fan(s), Kitchen/FR Combo, Living/Dining Room, Main Level Living, Primary on Main Level, Open Floorplan, Walk-In Closet(s)
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: First
  • Master Bedroom Master Bedroom Level: First

Exterior Features

  • Lot Features: Allow RVs, Level Yard, Open Lot, Rolling, Unrestricted
  • View: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Other Structures: Outbuilding/Workshop
  • Patio And Porch Features: Porch
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: Carport-Double Detached

Utilities

  • Cooling: Central Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Oil, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Public
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 65340
  • Parcel #: 6596606900

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 895
  • Tax Book Number: D-43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Oct 30, 2024
Sold by
Atlantic Bay Mortgage Group Llc
Bought by
Smith Carl D and Smith Michelle Carol
Seller's Agent
Stacy Hyatt
Appalachian Real Estate
Buyer's Agent
Larry Rogers
Lamplighter Realty
List Price
$249,900
Sold Price
$234,500
Premium/Discount to List
-$15,400
-6.16%
Views
29
Current Estimated Value
$247,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,485
Avg. Annual Appreciation
15.76%
Original Mortgage
$211,050
Outstanding Balance
$209,275
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$50,146

Purchase Details

Closed on
May 16, 2024
Sold by
Maselli Anthony and Johnson Genevieve
Bought by
Atlantic Bay Mtg Group Llc

Purchase Details

Listed on
Nov 4, 2020
Closed on
Mar 18, 2021
Sold by
Ostrowski Rene T
Bought by
Ashe William Michael
Seller's Agent
Christy Mitchell
Berkshire Hathaway Homeservices-Great Smokys Rlty
Buyer's Agent
Charles Winchester
Winchester Realty Of Nc, LLC
List Price
$180,000
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%
Original Mortgage
$181,818
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 10, 2020
Closed on
May 11, 2020
Sold by
Willis Robin S and Willis Donald L
Bought by
Ostrowski Rene T
Seller's Agent
Matthew Elliott
Re/Max Elite Realty
Buyer's Agent
Ray Fleenor, Jr.
Real Estate In The Mountains - Vickie Kimsey Team
List Price
$166,750
Sold Price
$166,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.53%
Original Mortgage
$166,750
Interest Rate
3.3%
Mortgage Type
VA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $234,500 None Listed On Document
Special Warranty Deed $234,500 None Listed On Document
Trustee Deed $184,500 None Listed On Document
Warranty Deed $180,000 None Available
Warranty Deed $167,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $211,050 New Conventional
Closed $211,050 New Conventional
Previous Owner $181,818 New Conventional
Previous Owner $166,750 VA
Previous Owner $116,757 No Value Available
Previous Owner $133,000 New Conventional
Previous Owner $123,300 Adjustable Rate Mortgage/ARM
Previous Owner $10,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2024 12/04/24 Sold $234,500 -6.2% $219 / Sq Ft
09/09/2024 09/09/24 Pending -- -- --
07/27/2024 07/27/24 For Sale $249,900 +38.8% $233 / Sq Ft
03/19/2021 03/19/21 Sold $180,000 0.0% $168 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
11/04/2020 11/04/20 For Sale $180,000 +7.9% $168 / Sq Ft
05/18/2020 05/18/20 Sold $166,750 0.0% $156 / Sq Ft
04/18/2020 04/18/20 Pending -- -- --
04/11/2020 04/11/20 For Sale $166,750 -- $156 / 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 $895 $225,630 $40,380 $185,250
2023 $843 $225,730 $40,380 $185,350
2022 $765 $137,410 $23,490 $113,920
2021 $736 $138,110 $23,490 $114,620
2020 $701 $138,110 $23,490 $114,620
2018 $371 $68,390 $22,970 $45,420
2017 $371 $68,390 $22,970 $45,420
2016 $364 $68,390 $22,970 $45,420
2015 $341 $68,390 $22,970 $45,420
2014 $349 $89,610 $32,070 $57,540
2013 -- $89,610 $32,070 $57,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26037436

APN: 6596606900