NOT LISTED FOR SALE

125 Lyle Downs Rd Franklin, NC 28734

Estimated Value: $294,000 - $370,000

2 Beds
2 Baths
-- Sq Ft
0.42 Acres

Last Sold February 03, 2023

Last sale price $249,900

Est. 27% increase in value since last sale

Current estimated payment $1,760/month

57 Days on Market

Highlights

  • RV Access or Parking
  • New Kitchen
  • Ranch Style House
  • Open Floorplan
  • Deck
  • Living Area on First Floor

About This Home

As of February 2023

Fresh Renovated Home in Rose Creek Area. Home is situated nicely on 0.42acre Unrestricted Lot & has great curb appeal with shutters & flower boxes on front of home. Home just had a fresh 2022 Renovation so home is Move-In Ready! Home has Offers convenient layout with 2 Bedrooms, Kitchen, Living Room, & Huge Deck on Main Level. Basement offers Large Laundry Room, Full Bath, & has plenty of room to use for Family Room, or make Additional Living Space. Home has NEW: Kitchen & Appliances, Exterior + Interior Paint, Flooring, Pressure Tank + Water Heater, 2-Zone HVAC & Insulated Windows to keep home comfortable. Metal Roof & Private Drilled Well. Huge Deck on side of Home is a great addition to entertain your Family & Friends. Land is all usable with nice laying yard. Privacy Fence surrounding Lot for added privacy & to keep your kids/pets safe. Home is only 5.5 to town & fronts state paved road for easy access to town all year long- no gravel roads to maintain! The Rose Creek offers lots of recreational options on the Little TN River if you like to enjoy the outdoors! Home qualifies for 100% Financing.

Last Agent to Sell the Property

Matthew Elliott

RE/MAX Elite Realty Brokerage Phone: 8283494600 License #276589 Listed on: 11/21/2022

RE/MAX Elite Realty

Last Buyer's Agent

Jasmine Jerome

Western Carolina Properties-Dillsboro License #327793

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $575

Year Built

  • Built in 1984

Lot Details

  • 0.42 Acre Lot
  • Property fronts a state road
  • Fenced Yard
  • Level Lot
  • Open Lot

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Slab Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Insulated Windows
  • Living Area on First Floor
  • Washer and Dryer Hookup

Kitchen

  • New Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Laundry in Basement
  • Basement with some natural light

Parking

  • No Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Porch

Schools

  • Iotla Elementary School
  • Macon Middle School
  • Franklin High School

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Zoned Cooling and Heating System
  • Heat Pump System
  • Mini Split Heat Pump
  • Water Filtration System
  • Private Water Source
  • Well
  • 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 6587513608

Home Details

Home Type

Single Family

Est. Annual Taxes

$575

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.42
  • Road Frontage Type: State Road, Community
  • Road Surface Type: Paved
  • Ownership: More than One Year
  • Directions: From town take HWY 28N (Bryson City Rd) from Franklin & travel approv 4.3mi > turn Left on Bennet Rd just before Iolta Bridge/Little TN River & travel short distance 0.2mi > turn Right On Rose Creek Rd & travel approx 0.5mi > Turn Left on Lyle Downs Rd > continue on Lyle Downs Rd short distance to #125 on Right. (Rose Creek Campground & Cabins will be on your Left (Listing Office Signs in place).
  • Architectural Style: Ranch/Single, Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1984
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8283494600
  • NAV27_AllowsVacationRentalYN: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Water Filter System, Dishwasher, Refrigerator, Microwave, Electric Oven/Range
  • Has Basement: Full, Daylight, Washer/Dryer Hook-up, Recreation/Game Room, Partitioned, Finished, Exterior Entry, Finished Bath, Heated, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 820
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Interior Amenities: Open Floorplan, Main Level Living, Primary on Main Level, Ceiling Fan(s), New Kitchen
  • Main Level Bathrooms: 1
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Room Family Room Level: Basement
  • Master Bedroom Master Bedroom Level: First
  • Room Living Room Area: 249.12
  • Room Kitchen Area: 85.49
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 11.3
  • Room Master Bedroom Area: 136.73
  • Room Dining Room Area: 61.38
  • Room Family Room Area: 666.6

Exterior Features

  • Fencing: Fenced Yard
  • Lot Features: Open Lot, Allow RVs, Level, Level Yard, Unrestricted
  • View: No
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Porch, Deck
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: None-Carport, No Garage

Utilities

  • Laundry Features: In Basement
  • Cooling: Central Electric, Ductless, Two Zone
  • Cooling Y N: Yes
  • Heating: Heat Pump, Mini-Split, Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Well, Private
  • Gas Company: Propane Tank: None
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Iotla Elementary
  • High School: Franklin
  • Middle Or Junior School: Macon Middle

Lot Info

  • Lot Size Sq Ft: 18295.2
  • Parcel #: 6587513608
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 575.23
  • Tax Book Number: C-40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2022
Closed on
Jan 27, 2023
Sold by
Rd Home Sales Inc
Bought by
Koreckis Michael P and Koreckis Edith F
Seller's Agent
Matthew Elliott
RE/MAX Elite Realty
Buyer's Agent
Jasmine Jerome
Western Carolina Properties-Dillsboro
List Price
$249,900
Sold Price
$249,900
Views
183
Current Estimated Value
$316,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,650
Avg. Annual Appreciation
9.19%
Original Mortgage
$83,500
Outstanding Balance
$73,681
Interest Rate
5.69%
Mortgage Type
New Conventional
Estimated Equity
$242,869

Purchase Details

Closed on
Jul 31, 2020
Sold by
Estate Of Howard E Irby
Bought by
Rd Home Sales Inc
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
Koreckis Michael P $250,000 --
Koreckis Michael P $250,000 None Listed On Document
Rd Home Sales Inc $35,600 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koreckis Michael P $83,500
Closed Koreckis Michael P $83,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2023 02/03/23 Sold $249,900 0.0% --
01/19/2023 01/19/23 Pending -- -- --
01/02/2023 01/02/23 For Sale $249,900 0.0% --
01/01/2023 01/01/23 Off Market $249,900 -- --
11/22/2022 11/22/22 For Sale $249,900 -- --
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
2025 $979 $252,650 $27,850 $224,800
2024 $979 $252,650 $27,850 $224,800
2023 $575 $252,450 $27,850 $224,600
2022 $575 $99,410 $13,190 $86,220
2021 $560 $99,410 $13,190 $86,220
2020 $535 $99,410 $13,190 $86,220
2018 $506 $101,900 $13,690 $88,210
2017 $506 $101,900 $13,690 $88,210
2016 $496 $101,900 $13,690 $88,210
2015 $473 $101,900 $13,690 $88,210
2014 $440 $118,990 $14,950 $104,040
2013 -- $118,990 $14,950 $104,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26029128

APN: 6587513608