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38 Wallace St

Franklin, NC 28734

4 bd 2 ba 2,094 sqft Built 1948 Lot 21,780 sqft single_family
Most recent sale
$299,000
Mar 15, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 15, 2024 Sold $299,000 CanopyMLS
Feb 11, 2024 Listed $299,000 CanopyMLS
Jan 31, 2006 Sold $195,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $254,900 $56,250 $311,150 $1,177
2024 $254,900 $56,250 $311,150 $1,068
2023 $171,640 $56,250 $227,890 $842
2022 $159,920 $58,800 $218,720 $1,135
2021 $159,920 $58,800 $218,720 $1,102
2020 $159,920 $58,800 $218,720 $1,046
2019 $159,920 $58,800 $218,720 $1,033
2018 $139,130 $56,250 $195,380 $883
2017 $139,130 $56,250 $195,380 $883
2016 $139,130 $56,250 $195,380 $863
2015 $139,130 $56,250 $195,380 $840
2014 $139,540 $51,000 $190,540 $660
2013 $139,540 $51,000 $190,540 $660
2012 $139,540 $51,000 $190,540 $660
2011 $139,540 $51,000 $190,540 $660
2010 $139,540 $51,000 $190,540 $660
2009 $139,540 $51,000 $190,540 $620
2008 $139,540 $51,000 $190,540 $620
2007 $139,540 $51,000 $190,540 $583

Property facts

Year built
1948
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,094 sqft
Lot size
21,780 sqft
ZIP code
28734
City
Franklin
Street
Wallace St
Coordinates
35.17056, -83.38835

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,827
Gross rental yield
11.35%
Implied cap rate
7.37%
Trend-extrapolated value

Frequently asked questions

When did 38 Wallace St last sell?
38 Wallace St most recently sold on Mar 15, 2024 for $299,000.
What is the current tax assessment for 38 Wallace St?
The most recent total assessment for 38 Wallace St (year 2025) is $311,150 with $1,177 in property tax.
How does 38 Wallace St's assessment compare to its last sale price?
The current assessment is 4.1% above the last sale price of $299,000.
When was 38 Wallace St built?
38 Wallace St was built in 1948.
How does 38 Wallace St compare to others on Wallace St?
We do not currently track other properties on Wallace St.
What are the property facts for 38 Wallace St?
38 Wallace St is a 4 bed, 2 bath, 2,094 sqft, 21,780 sqft lot single_family.
Is 38 Wallace St a flip candidate?
No — 38 Wallace St does not appear in our flips dataset.
Is 38 Wallace St a tax-appeal candidate?
No — 38 Wallace St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.5%
Implied 1-yr
+2.1%
2026 Q3
$370.1K
2026 Q4
$372K
ZIP 28734 — Median Price History + Forecast

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