NOT LISTED FOR SALE

176 Sherrill Dr Franklin, NC 28734

Estimated Value: $145,000 - $252,000

1 Bed
1 Bath
-- Sq Ft
0.59 Acres

Last Sold August 04, 2023

Last sale price $130,000

Est. 43% increase in value since last sale

Current estimated payment $1,012/month

46 Days on Market

Highlights

  • Heavily Wooded Lot
  • Hilly Lot
  • Living Area on First Floor
  • Chalet
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of August 2023

This charming 1 bedroom, 1 bath cottage is just off the North Carolina Scenic Highway 64. It's less than 10 minutes from downtown Franklin, 10 minutes from the Nantahala State Park Entrance, convenient to shopping, hiking, waterfalls, gem mining and so much more! It comes fully furnished and is already set up to be a vacation rental or consider it move-in ready to live in full time. So much love and attention has been put into this home, you have to see it to appreciate it. This home is also much more economical than many of the tiny homes and mobile homes selling in our area and on just over 1/2 acre of land with a stream makes this a deal that won't last long.

Last Agent to Sell the Property

Lynda Suttles

Bald Head Realty Brokerage Phone: 8283690000 License #333287 Listed on: 06/01/2023

Last Buyer's Agent

Diane Dillard

RE/MAX Elite Realty License #263042

RE/MAX Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $288

Year Built

  • Built in 1979

Lot Details

  • 0.59 Acre Lot
  • Home fronts a stream
  • Level Lot
  • Hilly Lot
  • Heavily Wooded Lot

Home Design

  • Chalet
  • Cottage
  • Cabin
  • Shingle Roof
  • HardiePlank Type
  • Block And Beam Construction
  • Stone

Interior Spaces

  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Insulated Windows
  • Window Screens
  • Living Area on First Floor
  • Crawl Space

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • 1 Detached Carport Space

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Wood
  • Baseboard Heating
  • 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 7504822549

Home Details

Home Type

Single Family

Est. Annual Taxes

$288

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.59
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Directions: From East Main St, Turn Right on Highlands Rd, go about 2.5 miles to Fulton Rd and Turn Right, go about 800 ft and Turn Right on Sherrill Dr... go straight up the hill to 176 Sherrill Dr, DO NOT turn right, house is straight up the hill on the Left. If parking on the left side of the house , please DO NOT pull forward past the porch as the septic area is there.
  • Architectural Style: Cottage, Cabin, Chalet
  • Carport Y N: Yes
  • Garage Yn: No
  • Year Built: 1979
  • NAV27_rets_property_type: Residential
  • NAV27_AllowsVacationRentalYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Refrigerator, Washer, Dryer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning, Stone
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Ceiling Fan(s), Living/Dining Room, Main Level Living, Primary on Main Level
  • Window Features: Insulated Windows, Screens
  • Master Bedroom Master Bedroom Level: First

Exterior Features

  • Lot Features: Hilly/Steep, Level, Rolling, Unrestricted
  • View: No
  • Waterfront Features: Stream/Creek
  • Home Warranty: No
  • Waterfront Elevation: 2127
  • Construction Type: HardiPlank Type, Stone, Block
  • Patio And Porch Features: Porch
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Wood, Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Well, Private
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 25700.4
  • Parcel #: 7504822549

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 287.64
  • Tax Book Number: T-41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jul 31, 2023
Sold by
Davis Olive and Davis Tammy
Bought by
Platin Cody and Whiteland Carmel
Seller's Agent
Lynda Suttles
Bald Head Realty
Buyer's Agent
Diane Dillard
RE/MAX Elite Realty
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%
Views
144
Current Estimated Value
$185,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,417
Avg. Annual Appreciation
15.87%

Purchase Details

Listed on
Feb 9, 2022
Closed on
Mar 30, 2022
Sold by
Harper Mary H
Bought by
Davis Olive and Harned Tammy
Seller's Agent
Tiffany Mason Radecki
RE/MAX Elite Realty
List Price
$78,500
Sold Price
$78,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Platin Cody $130,000 None Listed On Document
Davis Olive $78,500 Jones Fred H
Davis Olive $78,500 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2023 08/04/23 Sold $130,000 -3.7% --
07/18/2023 07/18/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $135,000 0.0% --
06/02/2023 06/02/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $135,000 +72.0% --
04/04/2022 04/04/22 Sold $78,500 0.0% -- View Prior Sale
02/13/2022 02/13/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $78,500 -- --
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
2025 $511 $112,680 $26,970 $85,710
2024 $511 $112,680 $26,970 $85,710
2023 $288 $112,680 $26,970 $85,710
2022 $288 $38,060 $10,590 $27,470
2021 $281 $38,060 $10,590 $27,470
2020 $272 $38,060 $10,590 $27,470
2018 $280 $45,890 $13,980 $31,910
2017 $0 $45,890 $13,980 $31,910
2016 $280 $45,890 $13,980 $31,910
2015 $257 $45,890 $13,980 $31,910
2014 $293 $68,990 $22,870 $46,120
2013 -- $68,990 $22,870 $46,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26030639

APN: 7504822549