NOT LISTED FOR SALE

1983 Lakey Creek Rd Franklin, NC 28734

Estimated Value: $369,672 - $516,000

2 Beds
2 Baths
-- Sq Ft
9.52 Acres

Last Sold May 17, 2019

Last sale price $232,500

Est. 85% increase in value since last sale

Current estimated payment $2,423/month

89 Days on Market

Highlights

  • Spa
  • 9.52 Acre Lot
  • Chalet
  • RV Access or Parking
  • Open Floorplan
  • Deck

About This Home

As of May 2019

Rustic, like-new cabin on 9.52 wooded acres, located between Franklin & Bryson City and convenient to the Nantahala Outdoor Center, Cherokee, AT & Little Tenn River. Property fronts 1,000+ ft of state-maintained gravel road and has multiple home sites, replete with wild flowers, mountain laurel, rhododendron & wildlife. Rock away your cares as you listen to neighboring Lakey Creek from the covered front porch. This meticulously maintained home is move-in ready, including the lovely furnishings. Pine flooring & walls, unique hardwood trim, wood-burning fireplace, vaulted ceiling, central heat/air...the list goes on. You'll appreciate an open floorplan on the main level, featuring kitchen, living/dining areas, bath w/beautiful tile shower, sunroom & attractive bedroom w/walk-in closet. There's inside access to the terrace level which boasts a 2nd den/library, a BIG bedroom w/access to the terrace, en-suite bath featuring a Jacuzzi tub, a 2-car attached carport and a workshop. BONUS- mini log cabin w/HW floors & power! The grounds are park-like...OWN YOUR VERY OWN NATURE TRAIL featuring 5 sitting spots to hike to for stellar mountain VIEWS!

Last Agent to Sell the Property

Kelly Penland

Bald Head Realty Brokerage Phone: 8283690000 License #276321 Listed on: 01/17/2019

Last Buyer's Agent

Nancy Van Bergen

Bald Head Realty License #297122

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $840

Year Built

  • Built in 1999

Lot Details

  • 9.52 Acre Lot
  • Property fronts a state road
  • Private Lot
  • Wooded Lot

Home Design

  • Chalet
  • Cottage
  • Rustic Architecture
  • Cabin
  • Metal Roof
  • Board and Batten Siding
  • Wood Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room
  • Recreation Room
  • Bonus Room
  • Workshop
  • Storm Windows
  • Washer
  • Property Views

Kitchen

  • Electric Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Pine Flooring
  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom located in the basement
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround
  • Spa Bath

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • 2 Attached Carport Spaces
  • RV Access or Parking

Outdoor Features

  • Spa
  • Deck
  • Outdoor Storage
  • Porch

Schools

  • Macon Middle School
  • Franklin High School

Utilities

  • Humidifier
  • Heating System Uses Wood
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Power Generator
  • Water Filtration System
  • Shared Well
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6579569565

Home Details

Home Type

Single Family

Est. Annual Taxes

$840

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 9.52
  • Road Frontage Type: State Road
  • Road Surface Type: Gravel, Paved
  • Ownership: More than One Year
  • Directions: Hwy 28/Bryson City Road north to R on Oak Grove Church Road, stay L to remain on Oak Grove at first fork, then turn R onto Lakey Creek Road. Continue to #1983 on Right.
  • Architectural Style: Chalet, Cottage, Cabin
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 1999
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Electric Water Heater, Microwave, Dishwasher, Water Filter System, Electric Oven/Range, Washer, Humidifier, Exhaust Fan, Refrigerator
  • Other Equipment: Generator
  • Has Basement: Full, Heated, Exterior Entry, Daylight, Interior Entry, Finished Bath, Recreation/Game Room, Washer/Dryer Hook-up, Finished, Workshop
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Other
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Pine, Vinyl, Ceramic Tile
  • Interior Amenities: Bonus Room, Cathedral/Vaulted Ceiling, Rec/Game Room, Workshop, Ceramic Tile Bath, Walk-In Closet(s), Ceiling Fan(s), Great Room, Primary w/Ensuite, Open Floorplan
  • Main Level Bathrooms: 1
  • Window Features: Windows-Storm All
  • Room Bedroom2 Level: First
  • Room Family Room Level: Basement
  • Master Bedroom Master Bedroom Level: Basement
  • Room Office Level: First
  • Room Living Room Area: 114.6021
  • Room Kitchen Area: 74.052
  • Master Bedroom Master Bedroom Width: 22.39
  • Room Dining Room Area: 197.757

Exterior Features

  • Lot Features: Private, Allow RVs, Wooded, Unrestricted
  • View: View-Winter, Short Range View
  • View: Yes
  • Home Warranty: No
  • Waterfront Elevation: 2360
  • Construction Type: Wood Siding, Stone, Board & Batten Siding
  • Exterior Features: Rustic Appearance
  • Other Structures: Storage Building/Shed
  • Patio And Porch Features: Deck, Porch
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: Carport-Double Attached

Utilities

  • Laundry Features: In Basement
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Wood, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well, See Remarks, Shared Well
  • Gas Company: Propane Tank: Owned

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 414691.2
  • Parcel #: 6579569565
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 840.21
  • Tax Book Number: N-30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2019
Closed on
May 9, 2019
Sold by
Raines Morris L and Raines Jane E
Bought by
Richard David L and Richard Ginger E
Seller's Agent
Kelly Penland
Bald Head Realty
Buyer's Agent
Nancy Van Bergen
Bald Head Realty
List Price
$232,500
Sold Price
$232,500
Current Estimated Value
$429,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,132
Avg. Annual Appreciation
10.00%
Original Mortgage
$206,500
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
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
Richard David L $232,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Richard David L $206,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2019 05/17/19 Sold $232,500 0.0% --
04/17/2019 04/17/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $232,500 -- --
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 $2,095 $254,500 $114,010 $140,490
2024 $1,008 $254,500 $114,010 $140,490
2023 $942 $254,500 $114,010 $140,490
2022 $942 $161,480 $74,160 $87,320
2021 $942 $162,280 $74,160 $88,120
2020 $901 $162,280 $74,160 $88,120
2018 $840 $162,250 $68,540 $93,710
2017 $840 $162,250 $68,540 $93,710
2016 $840 $162,250 $68,540 $93,710
2015 $817 $162,250 $68,540 $93,710
2014 $1,109 $285,650 $170,940 $114,710
2013 -- $285,650 $170,940 $114,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26010803

APN: 6579569565