NOT LISTED FOR SALE

188 Forest Cove Rd Franklin, NC 28734

Estimated Value: $90,000 - $142,000

1 Bed
1 Bath
-- Sq Ft
6,098 Sq Ft Lot

Last Sold June 11, 2024

Last sale price $83,500

Est. 42% increase in value since last sale

Current estimated payment $678/month

26 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Main Floor Primary Bedroom
  • Hilly Lot
  • Ranch Style House
  • Living Area on First Floor

About This Home

As of June 2024

Looking for a peaceful & charming 1 bedroom cottage to live in full time or to come home to when you visit the mountains on vacation? This is it! The perfect peaceful retreat for 1-2 people, just outside of town limits and conveniently located off of Ga Rd/441, only a few minutes away from the local movie theater, Ingles and more! Too many updates to name, you must come see for yourself and be sure to walk out on the porch, both screened-in and open air, perfect for grilling out or sipping coffee in the morning and listening to the birds sing.

Last Agent to Sell the Property

Lynda Suttles

Bald Head Realty Brokerage Phone: 8283690000 License #333287 Listed on: 04/22/2024

Last Buyer's Agent

Nancy Van Bergen

Bald Head Realty License #297122

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $695

Year Built

  • Built in 1978

Lot Details

  • 6,098 Sq Ft Lot
  • Hilly Lot
  • Wooded Lot

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Cottage
  • Rustic Architecture
  • Metal Roof
  • Wood Siding

Interior Spaces

  • Living Area on First Floor
  • Open Floorplan
  • Screened Porch
  • Laminate Flooring
  • Crawl Space
  • Property Views

Kitchen

  • Electric Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • No Garage
  • Limited Parking

Outdoor Features

  • Deck

Utilities

  • Window Unit Cooling System
  • Heating System Powered By Owned Propane
  • Baseboard Heating
  • Electric Water Heater
  • Shared Septic

Community Details

  • Forest Cove Cottages Subdivision
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 6583762414

Home Details

Home Type

Single Family

Est. Annual Taxes

$695

Year Built

Built in 1978

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Road Frontage Type: Other
  • Road Surface Type: Paved
  • Ownership: More than One Year
  • Subdivision Name: Forest Cove Cottages
  • Directions: Take 441S to left on Forest Cove Rd (across from the movie theater) go UP hill , and the home is on the Left.
  • Architectural Style: Ranch/Single, Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1978
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • NAV27_AllowsVacationRentalYN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Microwave, Electric Oven/Range
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Doors-Screens
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Kitchen/Dining Room, Living/Dining Room, Main Level Living
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Living Room Area: 117.1667
  • Room Kitchen Area: 55.9167
  • Master Bedroom Master Bedroom Width: 10.6667
  • Room Master Bedroom Area: 140.4444

Exterior Features

  • Lot Features: Hilly/Steep, Wooded
  • View: View-Winter, View Year Round
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Rustic Appearance
  • Patio And Porch Features: Deck, Screened Porch/Deck
  • Roof: Metal

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s), Other
  • Cooling Y N: Yes
  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Sewer: Shared Septic
  • Utilities: Cell Service Available
  • Water Source: Community, See Remarks
  • Gas Company: Propane Tank: Owned
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 6098.4
  • Parcel #: 6583762414

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 695.27
  • Tax Book Number: I-41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
Jun 7, 2024
Sold by
Webb Emily and Webb Ross
Bought by
Wakefield Investments Llc
Seller's Agent
Lynda Suttles
Bald Head Realty
Buyer's Agent
Nancy Van Bergen
Bald Head Realty
List Price
$99,900
Sold Price
$83,500
Premium/Discount to List
-$16,400
-16.42%
Views
67
Current Estimated Value
$118,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,879
Avg. Annual Appreciation
28.78%

Purchase Details

Closed on
Jun 26, 2018
Sold by
Vernon John A
Bought by
Odenal Joanne

Purchase Details

Closed on
Feb 22, 2006
Sold by
Kuker Timothy L and Kuker Kathleen A
Bought by
Vernon John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,700
Interest Rate
6.05%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Wakefield Investments Llc $83,500 None Listed On Document
Odenal Joanne $41,500 None Available
Vernon John A $44,000 None Available
Vernon John A $44,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vernon John A $43,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2024 06/11/24 Sold $83,500 -7.1% --
05/19/2024 05/19/24 Pending -- -- --
05/10/2024 05/10/24 Price Changed $89,900 -10.0% --
05/09/2024 05/09/24 For Sale $99,900 0.0% --
04/25/2024 04/25/24 Pending -- -- --
04/22/2024 04/22/24 For Sale $99,900 -- --
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 $401 $80,360 $17,610 $62,750
2024 $393 $80,360 $17,610 $62,750
2023 $367 $80,260 $17,610 $62,650
2022 $301 $41,150 $10,360 $30,790
2021 $295 $41,150 $10,360 $30,790
2020 $285 $41,150 $10,360 $30,790
2018 $264 $41,860 $6,160 $35,700
2017 $0 $41,860 $6,160 $35,700
2016 $260 $41,860 $6,160 $35,700
2015 $237 $41,860 $6,160 $35,700
2014 $226 $49,760 $10,080 $39,680
2013 -- $49,760 $10,080 $39,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26036463

APN: 6583762414