NOT LISTED FOR SALE

338 Chalet Dr Franklin, NC 28734

Estimated Value: $471,547 - $583,000

3 Beds
3 Baths
-- Sq Ft
4.88 Acres

Last Sold June 16, 2023

Last sale price $565,000

Est. 5% decrease in value since last sale

Current estimated payment $3,051/month

229 Days on Market

Highlights

  • Lake Front
  • Garage Apartment
  • Deck
  • Spa
  • 4.88 Acre Lot
  • Recreation Room

About This Home

As of June 2023

Mountain estate home with frontage on a private community lake and 5+ acres will be your dream get away. From the upper or lower porch view the lake while enjoying cool mountain breezes or visit the basement game room w/ guests. Plenty of room for entertaining the extended family or gathering of friends on the large covered porch or in the huge living room with rock fireplace plus a large bonus room / overflow sleeping area in the basement. The main level master suite has a large walk in closet and bathroom with a whirlpool tub for relaxing after a day exploring the awesome property. This well constructed furnished home is ready for the discriminating buyer to update and make it their one-of-a-kind retreat. Stroll down the steps to the lake and stop along the way at the deck, gazebo or the lakeside deck and enjoy the peace and solitude of this amazing property. A separate 17' X 26' Apartment with a large open living room / Kitchen Dining area can be a great rental and the 10 car garage below the apartment with a office / toilet and car lift will be excellent for a hobby area / car buff or man cave on steroids. Plenty of room for that classic car collection or income from rental.

Last Agent to Sell the Property

Cheryl Keller

Keller Williams Realty Of Franklin Brokerage Phone: 8285240100 License #227512 Listed on: 09/20/2022

Keller Williams Realty Of Franklin

Co-Listed By

Victor Keller

Keller Williams Realty Of Franklin Brokerage Phone: 8285240100 License #285350

Last Buyer's Agent

Board Member Non

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,458

Year Built

  • Built in 1985

Lot Details

  • 4.88 Acre Lot
  • Lake Front
  • Open Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Apartment
  • Basement Garage
  • Open Parking

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Bonus Room
  • Lake Views

Kitchen

  • Country Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Soaking Tub
  • Spa Bath

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Laundry in Basement

Outdoor Features

  • Spa
  • Deck
  • Outdoor Storage
  • Outbuilding
  • Porch

Utilities

  • Central Air
  • Heating Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Honelowee Estates Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 6588028266

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,458

Year Built

Built in 1985

Lot Details

0

HOA Fees

$50 per month

Parking

1

Listing Details

  • Property Sub Type: Multi Family,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 4.88
  • Road Frontage Type: Property Owners' Assoc
  • Road Surface Type: Paved
  • Co List Office Mls Id: 128
  • Co List Office Phone: 828-524-0100
  • Ownership: More than One Year
  • Subdivision Name: Honelowee Estates
  • Directions: 28 North Bryson City Road approximately 9 miles to right on Carl Sorrels Road, next left on Chalet Drive, follow around past pond to listing agent sign at #338. Follow drive up the hill to 7 car garage and garage apartment on left. Garage is on the lower level with door on the left side and go on up the paved drive to a graveled drive to the upper garage apartment.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Structure Type: Multi Family
  • Year Built: 1985
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8285240100
  • NAV27_AllowsVacationRentalYN: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Electric Water Heater, Dishwasher, Refrigerator, Disposal, Dryer, Microwave, Washer, Electric Oven/Range
  • Has Basement: Full, Washer/Dryer Hook-up, Recreation/Game Room, Finished, Exterior Entry, Other, Heated, Interior Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Doors-Insulated/Storm
  • Fireplace Features: Wood Burning, Stone
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Interior Amenities: Bonus Room, In-law Quarters, Split Bedroom, Country Kitchen, Kitchen/Dining Room, Rec/Game Room, Cathedral/Vaulted Ceiling, Primary on Main Level, Walk-In Closet(s), Ceiling Fan(s), Soaking Tub, Large Master Bedroom
  • Main Level Bathrooms: 1
  • Window Features: Screens, Insulated Windows, Window Treatments
  • Room Bedroom2 Level: Second
  • Living Room Living Room Level: First
  • Room Family Room Level: Basement
  • Room Bedroom3 Area: 118.3333
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 112.5
  • Room Living Room Area: 440
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 234.0208
  • Master Bedroom Master Bedroom Width: 20
  • Room Master Bedroom Area: 236.6667
  • Room Family Room Area: 240.5

Exterior Features

  • Lot Features: Open Lot, Rolling, Wooded
  • View: Lake, Water, Short Range View
  • View: Yes
  • Waterfront Features: Lake, Lake Front
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Other Structures: Storage Building/Shed, Outbuilding/Workshop
  • Patio And Porch Features: Porch, Deck
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Garage-Single in Basement, Paved Driveway, Garage Apartment

Utilities

  • Laundry Features: In Basement
  • Cooling: Central Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Well, Private
  • Gas Company: Propane Tank: None
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 212572.8
  • Parcel #: 6588028266

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2457.59
  • Tax Book Number: L-40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2022
Closed on
Jun 8, 2023
Sold by
Jerry F Shofner Revocable Trust
Bought by
Wellentin Scott and Wellentin Norma
Seller's Agent
Cheryl Keller
Keller Williams Realty Of Franklin
Buyer's Agent
Board Member Non
List Price
$724,000
Sold Price
$565,000
Premium/Discount to List
-$159,000
-21.96%
Views
600
Current Estimated Value
$536,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,863
Avg. Annual Appreciation
-2.23%

Purchase Details

Closed on
Nov 23, 2020
Sold by
Shofner Jerry F
Bought by
Shofner Jerry F and Jerry F Shofner Revocable Trus
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wellentin Scott $565,000 None Listed On Document
Shofner Jerry F -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2023 06/16/23 Sold $565,000 -19.3% --
05/10/2023 05/10/23 Pending -- -- --
04/24/2023 04/24/23 Price Changed $699,900 -3.3% --
04/06/2023 04/06/23 For Sale $724,000 +28.1% --
04/01/2023 04/01/23 Off Market $565,000 -- --
03/20/2023 03/20/23 Price Changed $724,000 -2.8% --
12/10/2022 12/10/22 Price Changed $745,000 -6.3% --
09/22/2022 09/22/22 For Sale $795,000 -- --
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 $1,890 $418,730 $66,230 $352,500
2024 $1,890 $418,730 $66,230 $352,500
2023 $2,202 $418,930 $66,230 $352,700
2022 $2,202 $252,830 $31,070 $221,760
2021 $2,202 $407,330 $31,070 $376,260
2020 $2,099 $407,330 $31,070 $376,260
2018 $1,661 $340,950 $33,760 $307,190
2017 $0 $340,950 $33,760 $307,190
2016 $1,661 $340,950 $33,760 $307,190
2015 $1,638 $340,950 $33,760 $307,190
2014 $1,652 $435,390 $58,000 $377,390
2013 -- $435,390 $58,000 $377,390
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26028558

APN: 6588028266