Ivanova Ryan
Sanctuary Realty
(828) 656-5230
4 Total Sales
4 in Franklin
$89K - $505K Price Range
12 Gem Lake Estates Rd Franklin, NC 28734
Franklin AreaEstimated Value: $330,000 - $429,000
4
Beds
3
Baths
2,600
Sq Ft
$145/Sq Ft
Est. Value
Highlights
- Fireplace
- Laundry in Utility Room
- Baseboard Heating
- 2 Car Attached Garage
- Central Air
- Wood Siding
About This Home
As of August 2025This 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.
Last Agent to Sell the Property
Western Carolina Properties, Inc. Brokerage Email: wanda@wcproperties.com License #187068 Listed on: 12/16/2024
Last Buyer's Agent
Non Member
Canopy Administration
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Home Details
Home Type
- Single Family
Year Built
- Built in 1978
Lot Details
- 3
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
- Laundry in Utility Room
- Dryer
- Washer
Utilities
- Central Air
- Baseboard Heating
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 6588667956
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 16, 2024
Closed on
Aug 8, 2025
Sold by
Scott Mikael and Scott Jennifer A
Bought by
Seller's Agent
Wanda Jones
Western Carolina Properties, Inc.
Buyer's Agent
Non Member
Canopy Administration
List Price
$415,000
Sold Price
$390,000
Premium/Discount to List
-$25,000
-6.02%
Views
141
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,035
Avg. Annual Appreciation
-2.94%
Original Mortgage
$290,000
Outstanding Balance
$287,131
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$90,834
Purchase Details
Listed on
Aug 6, 2021
Closed on
Oct 20, 2021
Sold by
Stallcup Pearl R
Bought by
Scott Mikael and Scott Jennifer A
Seller's Agent
John Becker
Bald Head Realty
Buyer's Agent
Wanda Jones
Western Carolina Properties-Dillsboro
List Price
$214,000
Sold Price
$214,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.01%
Original Mortgage
$214,000
Interest Rate
3.15%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 21, 1999
Sold by
Brant Claudia H
Bought by
Stallcup, Edward T Tr
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Franklin, NC
-
Ivanova Ryan
-
Ryan Cote
Ryan Cote
Vignette Realty, LLC
(828) 672-3705
76 Total Sales
50 in Franklin
$18K - $910K Price Range
-
Sara Christensen-Adams
Sara Christensen-Adams
Evergreen Mountain Realty Group LLC
(828) 564-8402
11 Total Sales
1 in Franklin
$785,000 Price
-
Allison Fish
Allison Fish
Keller Williams Realty Of Franklin
(706) 920-4775
15 Total Sales
11 in Franklin
$9K - $475K Price Range
-
Cory Coleman
Cory Coleman
Keller Williams Great Smokies - Sylva
(828) 307-9204
24 Total Sales
2 in Franklin
$300K - $332K Price Range
-
Old Town Team
Old Town Team
Old Town Brokers
(828) 672-2983
159 Total Sales
4 in Franklin
$145K - $475K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $390,000 | None Listed On Document | ||
| Scott Mikael | $216,000 | None Available | |
| Stallcup, Edward T Tr | $144,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $290,000 | ||
| Previous Owner | Scott Mikael | $214,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/18/2025 08/18/25 | Sold | $390,000 | -6.0% | $150 / Sq Ft | |
| 07/11/2025 07/11/25 | For Sale | $415,000 | +6.4% | $160 / Sq Ft | |
| 07/07/2025 07/07/25 | Off Market | $390,000 | -- | -- | |
| 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 | View Prior Sale |
| 09/25/2021 09/25/21 | Pending | -- | -- | -- | |
| 08/06/2021 08/06/21 | For Sale | $214,000 | -- | $163 / Sq Ft |
Source: Canopy MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | -- | $249,250 | $77,500 | $171,750 |
| 2025 | -- | $249,250 | $77,500 | $171,750 |
| 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
Agents Affiliated with this Home
-
Wanda Jones
WJ
Seller's Agent in 2025
Wanda Jones
Western Carolina Properties, Inc.
(828) 507-1159
46 Total Sales
-
NM
Buyer's Agent in 2025
Non Member
NC_CanopyMLS
-
John Becker
Seller's Agent in 2021
John Becker
Bald Head Realty
(828) 506-3719
254 Total Sales
Map
Source: Canopy MLS
MLS Number: 4207274
APN: 6588667956
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID
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