$230,000
SOLD SEP 13, 2021 RENTED JUN 24, 2025

1416 Lake Emory Rd Franklin, NC 28734

2 Beds
3 Baths
-- Sq Ft
0.5 Acres

Recently Sold

45 Days on Market

Highlights

  • Lake Front
  • Open Floorplan
  • Traditional Architecture
  • RV Access or Parking
  • Recreation Room
  • Main Floor Primary Bedroom

About This Home

As of September 2021

Enjoy living on the water with the convenience of being close to town! Main level includes 2 beds/2 baths, living/dining, kitchen and screened porch. Mostly finished lower level features a game/rec room, kitchenette, bonus room that could be used as an office or bedroom, full bath, large laundry area, one car garage and porch. High-speed internet! (Morris Broadband) Would make a great vacation home, rental property, or main residence. Lakefront property in Franklin NC is a rarity indeed; don't miss this one! Walk or drive a golf cart down to the lake at your leisure; enjoy kayaking, boating and fishing.

Last Buyer's Agent

Marsha Ramey

Poss Realty (Mls Only) License #225201

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $709

Year Built

  • Built in 1970

Lot Details

  • 0.5 Acre Lot
  • Lake Front
  • Property fronts a state road
  • Lot Has A Rolling Slope

Parking

  • 2 Garage Spaces | 1 Attached and 1 Detached
  • 3 Detached Carport Spaces
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Area on First Floor
  • Recreation Room
  • Bonus Room
  • Screened Porch
  • Laminate Flooring
  • Lake Views
  • Storm Windows
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Basement

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

Outdoor Features

  • Terrace
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heating System Powered By Owned Propane
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6596409629

Home Details

Home Type

Single Family

Est. Annual Taxes

$709

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Road Frontage Type: State Road
  • Ownership: More than One Year
  • Subdivision Name: None
  • Directions: From light at East Main and Lake Emory Road, follow Lake Emory for 1.8 miles to home on left. LA sign
  • Architectural Style: Traditional
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Year Built: 1970
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8285240100
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Dishwasher, Electric Oven/Range
  • Has Basement: Full, Daylight, Washer/Dryer Hook-up, Recreation/Game Room, Partitioned, Lower/Terrace, Exterior Entry, Finished Bath, Heated, Interior Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Flooring: Combination, Laminate
  • Interior Amenities: Bonus Room, Ceiling Fan(s), Primary on Main Level, Breakfast Bar, Living/Dining Room, Open Floorplan, Main Level Living, Pantry, Kitchen/Dining Room, Rec/Game Room
  • Main Level Bathrooms: 2
  • Window Features: Windows-Storm All
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 144
  • Room Living Room Area: 384
  • Room Kitchen Area: 144
  • Master Bedroom Master Bedroom Width: 12
  • Room Master Bedroom Area: 192

Exterior Features

  • Lot Features: Allow RVs, Rolling, Unrestricted
  • View: Lake, Water
  • View: Yes
  • Waterfront Features: Lake, Lake Front
  • Waterfront: Yes
  • Home Warranty: No
  • Waterfront Elevation: 2020
  • Construction Type: Vinyl Siding
  • Other Structures: Storage Building/Shed
  • Patio And Porch Features: Porch, Screened Porch/Deck
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 3
  • Covered Parking Spaces: 4
  • Garage Spaces: 1
  • Parking Features: Garage-Single Attached, Carport-Single Detached, Carport-Double Detached

Utilities

  • Cooling: Central Electric
  • Cooling Y N: Yes
  • Heating: Propane, Forced Air, Oil
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Public
  • Gas Company: Propane Tank: Owned
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 21780
  • Parcel #: 6596409629
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 708.58
  • Tax Book Number: Y-37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Sep 2, 2021
Sold by
Coleman Christopher M and Coleman Angelia R
Bought by
Gaukler Christopher
Buyer's Agent
Marsha Ramey
Poss Realty (Mls Only)
List Price
$230,000
Sold Price
$230,000
Current Estimated Value
$327,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,038
Avg. Annual Appreciation
9.50%
Original Mortgage
$172,500
Outstanding Balance
$158,663
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$168,375

Purchase Details

Listed on
Aug 1, 2016
Closed on
May 10, 2017
Sold by
Hohensee Mary Ellen and Courtney Burney Jospeh
Bought by
Coleman Christopher M and Coleman Angela R
Buyer's Agent
Teresa Murray
RE/MAX Elite Realty
List Price
$126,500
Sold Price
$126,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.77%
Original Mortgage
$127,777
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2009
Sold by
Tucci Caselli Nicholas and Neighbarger Jennifer L
Bought by
Hohensee Mary Ellen

Purchase Details

Closed on
Sep 27, 2007
Sold by
Hohensee Mary Ellen
Bought by
Tucci Caselli Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
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
Warranty Deed $230,000 None Available
Warranty Deed $126,500 None Available
Trustee Deed $124,439 None Available
Warranty Deed $172,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $172,500 New Conventional
Previous Owner $127,777 New Conventional
Previous Owner $77,025 New Conventional
Previous Owner $122,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Rented $2,300 0.0% --
06/23/2025 06/23/25 For Rent $2,300 0.0% --
06/02/2025 06/02/25 Price Changed $2,300 0.0% --
06/01/2025 06/01/25 Rented $2,300 -8.0% --
04/02/2025 04/02/25 For Rent $2,500 0.0% --
10/18/2024 10/18/24 Rented $2,500 0.0% --
10/18/2024 10/18/24 For Rent $2,500 0.0% --
09/13/2021 09/13/21 Sold $230,000 0.0% --
08/14/2021 08/14/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $230,000 +81.8% --
05/12/2017 05/12/17 Sold $126,500 0.0% --
04/12/2017 04/12/17 Pending -- -- --
08/07/2016 08/07/16 For Sale $126,500 -- --
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 $994 $256,320 $70,000 $186,320
2023 $766 $256,320 $70,000 $186,320
2022 $766 $139,330 $44,100 $95,230
2021 $744 $139,930 $44,100 $95,830
2020 $709 $139,930 $44,100 $95,830
2018 $681 $145,160 $18,750 $126,410
2017 $681 $145,160 $18,750 $126,410
2016 $666 $145,160 $18,750 $126,410
2015 $643 $145,160 $18,750 $126,410
2014 $665 $191,950 $34,000 $157,950
2013 -- $191,950 $34,000 $157,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26020207

APN: 6596409629