NOT LISTED FOR SALE

38 Wallace St Franklin, NC 28734

Estimated Value: $337,000 - $401,000

4 Beds
2 Baths
2,094 Sq Ft
$179/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $299,000 $143 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,036/month

2 Days on Market

Highlights

  • New Kitchen
  • Wood Flooring
  • Formal Dining Room
  • Ranch Style House
  • No HOA
  • Porch

About This Home

As of March 2024

For Comp Purposes Only

Last Agent to Sell the Property

Board Member Non

Listed on: 02/11/2024

Last Buyer's Agent

Stephanie Sainz

Bald Head Realty License #280276

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,595

Year Built

  • Built in 1948

Lot Details

  • 0.5 Acre Lot
  • Property fronts a state road
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Limited Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Asbestos

Interior Spaces

  • Wood Burning Fireplace
  • Brick Fireplace
  • Insulated Windows
  • Insulated Doors
  • Formal Dining Room
  • Washer and Dryer Hookup
  • Property Views

Kitchen

  • New Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround

Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Outdoor Features

  • Outdoor Storage
  • Porch

Location

  • City Lot

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • M L Dowdle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6584950928

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,595

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Ownership: Less than One Year
  • Subdivision Name: M L Dowdle Subdivision
  • Directions: From downtown Franklin, take 441S to LEFT on McCoy Street to immediate RIGHT on Wallace Street. Home is on the left.
  • Architectural Style: Ranch/Single
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 1948
  • NAV27_rets_property_type: Residential
  • NAV27_AllowsVacationRentalYN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Dishwasher, Microwave, Electric Oven/Range
  • Other Equipment: Oil Tank
  • Has Basement: Partial, Exterior Entry, Interior Entry, Washer/Dryer Hook-up
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Doors-Insulated
  • Fireplace Features: Wood Burning, Brick
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Ceramic Tile
  • Interior Amenities: Ceramic Tile Bath, Formal Dining Room, Primary on Main Level, New Kitchen, Split Bedroom
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: First
  • Room Bedroom4 Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First

Exterior Features

  • Lot Features: Level Yard, Within City Limits, City Lot
  • View: Long Range View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Asbestos, Brick
  • Other Structures: Storage Building/Shed
  • Patio And Porch Features: Porch
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: Central Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cell Service Available
  • Water Source: Public
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 21780
  • Parcel #: 6584950928

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1594.75
  • Tax Book Number: N-42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2024
Closed on
Mar 14, 2024
Sold by
Cavender Capital Llc
Bought by
Wiley Joel Neal
Seller's Agent
Board Member Non
Buyer's Agent
Stephanie Sainz
Bald Head Realty
List Price
$299,000
Sold Price
$299,000
Views
18
Current Estimated Value
$374,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,269
Avg. Annual Appreciation
12.90%
Original Mortgage
$290,030
Outstanding Balance
$283,530
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$90,739

Purchase Details

Closed on
May 15, 2023
Sold by
Watson Ricky Harold
Bought by
Cavender Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,503
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2020
Sold by
Watson Vincent Bruce and Watson Jody R
Bought by
Watson Ricky Harold

Purchase Details

Closed on
Jan 31, 2006
Sold by
Wallace Bryant M and Clark Susan Wallace
Bought by
Watson Betty R
Source: Public Records
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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
Wiley Joel Neal $299,000 None Listed On Document
Cavender Capital Llc $158,500 None Listed On Document
Watson Ricky Harold -- None Available
Watson Betty R $195,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiley Joel Neal $290,030
Previous Owner Cavender Capital Llc $217,503
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2024 03/15/24 Sold $299,000 0.0% $143 / Sq Ft
02/13/2024 02/13/24 Pending -- -- --
02/11/2024 02/11/24 For Sale $299,000 -- $143 / Sq Ft
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 $1,178 $310,150 $56,250 $253,900
2024 $1,068 $56,250 $56,250 $0
2023 $1,136 $277,860 $56,250 $221,610
2022 $1,136 $217,720 $58,800 $158,920
2021 $1,102 $218,720 $58,800 $159,920
2020 $1,047 $218,720 $58,800 $159,920
2018 $883 $195,380 $56,250 $139,130
2017 $0 $195,380 $56,250 $139,130
2016 $864 $195,380 $56,250 $139,130
2015 $841 $195,380 $56,250 $139,130
2014 $661 $190,540 $51,000 $139,540
2013 -- $190,540 $51,000 $139,540
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    Board Member Non

  • Stephanie Sainz

    Buyer's Agent in 2024

    Stephanie Sainz

    Bald Head Realty

    (828) 215-0606

    207 in this area

    235 Total Sales

    Stephanie Sainz
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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26036080

APN: 6584950928

North Carolina Macon County Franklin 28734

38 Wallace St, Franklin, NC

Not Listed for Sale

Detached

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