NOT LISTED FOR SALE

166 Gray Cove Rd Franklin, NC 28734

Franklin Area

Estimated Value: $316,000 - $543,000

3 Beds
1 Bath
1,050 Sq Ft
$414/Sq Ft Est. Value

Sale Details

Date Sold: July 14, 2022

Last sale price $375,000 $357 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,475 / mo

155 Days on Market

Highlights

  • RV Access or Parking
  • Open Floorplan
  • Private Lot
  • 21.75 Acre Lot
  • Wood Burning Stove
  • Wooded Lot

About This Home

As of July 2022

Spectacular park like setting for this 3 BR 1BA home. This is what nature is all about. Rolling lawn bordered by a small creek. Over 21 acres of paradise. Land features mature timber that could be logged or prepared for more homesites. Or you could just enjoy its beauty. Easy access and great mountain views.

Last Agent to Sell the Property

Ricky Teem

Mountaintop Real Estate Brokerage Phone: 8285246911 License #266349 Listed on: 09/13/2021

Last Buyer's Agent

John Becker

Bald Head Realty License #239686

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $713

Year Built

  • Built in 1974

Lot Details

  • 21.75 Acre Lot
  • Home fronts a stream
  • Private Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Home Design

  • Raised Ranch Architecture
  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,050 Sq Ft Home
  • Open Floorplan
  • Wood Burning Stove
  • Flue
  • Insulated Windows
  • Window Screens
  • Formal Dining Room
  • Property Views

Kitchen

  • Electric Oven or Range
  • Recirculated Exhaust Fan

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Laundry in Basement
  • Stubbed For A Bathroom
  • Basement with some natural light

Parking

  • 1 Car Detached Garage
  • 1 Detached Carport Space
  • RV Access or Parking

Outdoor Features

  • Outdoor Storage

Utilities

  • Cooling Available
  • Heating System Uses Wood
  • Heat Pump System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 7514414015

Home Details

Home Type

Single Family

Est. Annual Taxes

$713

Year Built

Built in 1974

Lot Details

21.75 Acres

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 21.75
  • Road Surface Type: Paved, Gravel
  • Ownership: More than One Year
  • Directions: Take HWY 64 East (The Highlands Road) about 4 miles, turn left onto the Ellijay Road. Short distance to Gray Cove Road on the right. Follow to # 166 on the left.
  • Architectural Style: Raised Ranch, Traditional
  • Carport Y N: Yes
  • Garage Yn: No
  • Year Built: 1974
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Refrigerator, Exhaust Fan, Electric Oven/Range
  • Has Basement: Full, Daylight, Bath/Stubbed, Exterior Entry, Interior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Basement, Flue, Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Some Hardwoods
  • Interior Amenities: Open Floorplan, Formal Dining Room
  • Living Area: 1050
  • Main Level Bathrooms: 1
  • Window Features: Screens, Insulated Windows
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 96
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 121
  • Room Living Room Area: 247
  • Room Bedroom3 Level: First
  • Room Kitchen Area: 127.2
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 12
  • Room Master Bedroom Area: 168
  • Room Dining Room Area: 120

Exterior Features

  • Lot Features: Private, Allow RVs, Rolling, Unrestricted, Wooded
  • View: View Year Round, Long Range View
  • View: Yes
  • Waterfront Features: Stream/Creek
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Other Structures: Storage Building/Shed
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Carport-Single Detached

Utilities

  • Laundry Features: In Basement
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Wood, Heat Pump, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well, Private

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 947430
  • Parcel #: 7514414015
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 713.14
  • Tax Book Number: N-34

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Jul 12, 2022
Sold by
Bought by
Seller's Agent
Ricky Teem
Mountaintop Real Estate
Buyer's Agent
John Becker
Bald Head Realty
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$434,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,931
Avg. Annual Appreciation
3.75%
Original Mortgage
$363,750
Interest Rate
0.0509%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2011
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$375,000 None Listed On Document
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $363,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/14/2022 07/14/22 Sold $375,000 0.0% $357 / Sq Ft
02/16/2022 02/16/22 Pending -- -- --
09/13/2021 09/13/21 For Sale $375,000 -- $357 / Sq Ft
Source: Carolina Smokies Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,256 $357,210 $194,840 $162,370
2024 $1,256 $357,210 $194,840 $162,370
2023 $772 $357,110 $194,840 $162,270
2022 $772 $136,200 $77,260 $58,940
2021 $749 $140,600 $81,110 $59,490
2020 $713 $140,600 $81,110 $59,490
2018 $699 $150,100 $86,070 $64,030
2017 $699 $150,100 $86,070 $64,030
2016 $699 $150,100 $86,070 $64,030
2015 $676 $150,100 $86,070 $64,030
2014 $952 $273,990 $197,940 $76,050
2013 -- $273,990 $197,940 $76,050
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Ricky Teem

    Mountaintop Real Estate

    (828) 371-1802

    6 in this area

    9 Total Sales

    Ricky Teem
    Section Image
  • John Becker

    Buyer's Agent in 2022

    John Becker

    Bald Head Realty

    (828) 506-3719

    147 in this area

    273 Total Sales

    John Becker
    Section Image
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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26021016

APN: 7514414015

North Carolina Macon County Franklin 28734

166 Gray Cove Rd, Franklin, NC

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