UNDER CONTRACT
$180K PRICE DROP
12 Gem Lake Estates Rd Franklin, NC 28734
Estimated payment $2,354/month
Total Views
16,140
4
Beds
3
Baths
2,600
Sq Ft
$160
Price per Sq Ft
Highlights
- Fireplace
- Central Air
- Wood Siding
- 2 Car Attached Garage
- Baseboard Heating
About This Home
This charming 4-bedroom, 3-bathroom, bonus room, large utility room and 2 car attached garage is located in the desirable Gem Lake area, offering a perfect retreat for families. Situated on 3 acres unrestricted, level to slightly rolling land, the property provides ample space for outdoor activities and relaxation. Recent updates include new cabinets, appliances, and flooring throughout, ensuring a modern and fresh living experience. It features 2 fireplaces, one in a bedroom, the other in the living room. The home is set in a beautiful, serene setting with a small branch with footbridge that feels like your own mini-estate. The property also boasts a 2-car attached garage for convenience. With access to Gem Lake, you can enjoy fishing and other recreational activities right from your backyard. This is a wonderful opportunity to own a stunning older home in a peaceful and scenic location. NOT IN FLOOD ZONE.
Listing Agent
Western Carolina Properties, Inc. Brokerage Email: wanda@wcproperties.com License #187068 Listed on: 12/16/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $987
Year Built
- Built in 1978
Parking
- 2 Car Attached Garage
Home Design
- Split Level Home
- Wood Siding
Interior Spaces
- Fireplace
- Finished Basement
Kitchen
- Electric Oven
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Central Air
- Baseboard Heating
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 6588667956
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $987 | $249,250 | $77,500 | $171,750 |
| 2023 | $1,002 | $249,250 | $77,500 | $171,750 |
| 2022 | $1,002 | $173,830 | $36,720 | $137,110 |
| 2021 | $1,002 | $173,930 | $36,720 | $137,210 |
| 2020 | $958 | $173,930 | $36,720 | $137,210 |
| 2018 | $982 | $193,080 | $40,800 | $152,280 |
| 2017 | $0 | $193,080 | $40,800 | $152,280 |
| 2016 | $982 | $193,080 | $40,800 | $152,280 |
| 2015 | -- | $193,080 | $40,800 | $152,280 |
| 2014 | $791 | $197,980 | $48,000 | $149,980 |
| 2013 | -- | $197,980 | $48,000 | $149,980 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | For Sale | $415,000 | 0.0% | $160 / Sq Ft |
| 07/07/2025 07/07/25 | Off Market | $415,000 | -- | -- |
| 06/13/2025 06/13/25 | Price Changed | $415,000 | -12.6% | $160 / Sq Ft |
| 03/20/2025 03/20/25 | Price Changed | $475,000 | -4.8% | $183 / Sq Ft |
| 03/20/2025 03/20/25 | Price Changed | $499,000 | -16.1% | $192 / Sq Ft |
| 02/14/2025 02/14/25 | Price Changed | $595,000 | +8.2% | $229 / Sq Ft |
| 02/14/2025 02/14/25 | Price Changed | $550,000 | -7.6% | $212 / Sq Ft |
| 12/16/2024 12/16/24 | For Sale | $595,000 | +178.0% | $229 / Sq Ft |
| 10/25/2021 10/25/21 | Sold | $214,000 | 0.0% | $163 / Sq Ft |
| 09/25/2021 09/25/21 | Pending | -- | -- | -- |
| 08/06/2021 08/06/21 | For Sale | $214,000 | -- | $163 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $216,000 | None Available | |
| Deed | $144,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $214,000 | New Conventional |
Source: Public Records
Similar Homes in Franklin, NC
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4207274
APN: 6588667956
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