NOT LISTED FOR SALE

147 Forest Ridge Dr Franklin, NC 28734

Franklin Area

Estimated Value: $58,000 - $99,000

1.95 Acres
$41,685 Price per Acre
84,942 Sq Ft Lot

Sale Details

Date Sold: May 20, 2025

Last sale price $83,000

Est. 2% decrease in value since last sale

Current estimated payment $465 / mo

34 Days on Market

Highlights

  • RV Access or Parking
  • Partially Wooded Lot
  • Stream
  • 1.95 Acre Lot
  • Views
  • Level Lot

About This Lot

As of May 2025

Lot 31A Marsh Woods is 1.95 Acres with breathtaking long-range mountain views from the exceptional cleared homesite! This Lot features end of the road privacy and top of the ridge panoramas to the east, south and west. Located in the highly desirable Cartoogechaye area off Maclor Forest Circle, Lot 31A is surrounded by stunning natural beauty as it adjoins USFS and NC Wildlife Game Lands, providing direct access to over 85,000 acres of the Nantahala National Forest for endless outdoor adventures. This prime 1.95 acres is ready for your home plans, Town of Franklin water line on-site, New 3 Bedroom Septic Permit (valid for five years) and underground power. The driveway is paved to the top with the cleared house pad at an ideal elevation of 2,520 feet. It is suitable for a site-built home or log cabin, the minimum is only 1,200 sq. ft. Low annual fees ($125 road maint. & $113 county tax), invest now & build when you're ready. Just minutes from town. Experience the beauty of Franklin, known for its charming restaurants, breweries, mountain festivals & outdoor recreation. Check out the Video Tour, then come see this stunning Lot adjoining National Forest!

Last Agent to Sell the Property

Anderson Ernst

RE/MAX Elite Realty Brokerage Phone: 8283494600 License #314580 Listed on: 03/31/2025

RE/MAX Elite Realty

Last Buyer's Agent

Anderson Ernst

RE/MAX Elite Realty Brokerage Phone: 8283494600 License #314580 Listed on: 03/31/2025

RE/MAX Elite Realty
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $113

Lot Details

  • 1.95 Acre Lot
  • Property fronts a private road
  • Level Lot
  • Open Lot
  • Partially Wooded Lot

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • Paved Parking
  • Open Parking
  • RV Access or Parking

Utilities

  • Underground Utilities
  • Septic Permit Issued

Additional Features

  • Property Views

Community Details

  • Marsh Woods Subdivision
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 6574077685

Property Details

Property Type

Land

Est. Annual Taxes

$113

Lot Details

1.95 Acres

HOA Fees

$10 per month

Listing Details

  • Property Sub Type: Subdevelopment,Land,Residential
  • Prop. Type: Land
  • Lot Size Acres: 1.95
  • Road Frontage Type: Private Road, Property Owners Assoc
  • Road Surface Type: Paved, Paved Road
  • Ownership: Less than One Year
  • Subdivision Name: Marsh Woods
  • Directions: From Franklin: Head West on W Palmer St for 0.8 mi. Continue on Old Murphy Rd for 3.1 mi. Slight Right onto Maclor Forest Rd for 0.6 mi, then Straight onto Maclor Forest Cir for 0.3 mi. Turn Right onto Forest Ridge Dr and stay Right to the top. Listing Office signs in place.
  • Habitable Residence: No
  • NAV27_rets_property_type: Land
  • Special Features: None

Interior Features

  • Possible Use: Residential, Single Family

Exterior Features

  • Lot Features: Open Lot, Adjoins USFS, Allow RVs
  • Topography: Level
  • View: Year Round View
  • View: Yes
  • Waterfront Elevation: 2520
  • Other Structures: None

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Paved Driveway

Utilities

  • Sewer: Septic Permit
  • Utilities: Underground Utilities, Water Available

Condo/Co-op/Association

  • Association Fee: 125
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 84942
  • Parcel #: 6574077685
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 113.27
  • Tax Book Number: P-43

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
Mar 31, 2025
Closed on
May 15, 2025
Sold by
American Rural Roots Llc
Bought by
Seller's Agent
Anderson Ernst
RE/MAX Elite Realty
Buyer's Agent
Anderson Ernst
RE/MAX Elite Realty
List Price
$99,900
Sold Price
$83,000
Premium/Discount to List
-$16,900
-16.92%
Views
13
Current Estimated Value
$81,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,714
Avg. Annual Appreciation
-1.60%

Purchase Details

Closed on
Mar 11, 2025
Sold by
Gerke Mary Lou
Bought by
American Rural Roots Llc

Purchase Details

Closed on
Sep 5, 2018
Sold by
Landreth Ronald and Landreth Cynthia
Bought by
Gerke Mary Lou

Purchase Details

Closed on
Jul 6, 2007
Sold by
Eriskon Robert D
Bought by
Gerke Richard L and Gerke Mary Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2006
Sold by
Eriksen Robert D
Bought by
Eriksen Robert D and Eriksen Barbara C
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$83,000 None Listed On Document
American Rural Roots Llc $50,000 None Listed On Document
Gerke Mary Lou $500 None Available
Gerke Richard L $80,000 None Available
Eriksen Robert D -- None Available
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
Previous Owner $70,000
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
05/20/2025 05/20/25 Sold $83,000 -12.5% --
05/04/2025 05/04/25 Pending -- -- --
04/22/2025 04/22/25 Price Changed $94,900 -5.0% --
03/31/2025 03/31/25 For Sale $99,900 -- --
Source: Carolina Smokies Association of REALTORS®

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 -- $35,540 $35,540 $0
2025 -- $35,540 $35,540 $0
2024 $113 $35,540 $35,540 $0
2023 $158 $35,540 $35,540 $0
2022 $158 $33,350 $33,350 $0
2021 $158 $33,350 $33,350 $0
2020 $149 $33,350 $33,350 $0
2018 $136 $32,600 $32,600 $0
2017 $136 $32,600 $32,600 $0
2016 $136 $32,600 $32,600 $0
2015 $136 $32,600 $32,600 $0
2014 $200 $59,670 $59,670 $0
2013 -- $59,670 $59,670 $0
Source: Public Records

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26040422

APN: 6574077685

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