David Willett
RE/MAX Executive
(828) 944-8251
56 Total Sales
4 in Franklin
$487K - $925K Price Range
224 Hemlock Gap Ln Franklin, NC 28734
Franklin AreaEstimated Value: $76,000 - $106,793
9.44
Acres
$10,127
Price per Acre
411,206
Sq Ft Lot
Highlights
- Home fronts a creek
- 9.44 Acre Lot
- Spring water is a source of water for the property
- River Front
- Property is near a spring
- Lot Has A Rolling Slope
About This Lot
As of September 2025Welcome to your own personal oasis in the Smoky Mountains of Western NC! This stunning 9.44 acre tract of land on Black Creek has everything you could ever want or need. Nestled in the highly desirable Rainbow Mountain Subdivision, the gently rolling land offers a private and serene setting that is perfect for escaping the hustle and bustle of everyday life. With a gated entry and beautifully maintained roads, you can rest easy knowing that your slice of heaven is secure and easily accessible. The mountain estates nestled in the woods provide the perfect backdrop for creating cherished memories with family and friends. But that's not all! This individual tract also boasts a driveway, large home pad, underground power, an active spring water system, a three bedroom septic permit, and a bold rushing creek that will take your breath away. Come experience the peace and tranquility that can only be found in the Smoky Mountains - this property is waiting for you!
Last Agent to Sell the Property
Exp Realty, LLC (Mls Only) Brokerage Phone: 8885849431 License #318316 Listed on: 02/07/2025
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Property Details
Property Type
- Land
Est. Annual Taxes
- $332
Lot Details
- 9.44 Acre Lot
- Home fronts a creek
- River Front
- Property fronts a private road
- Lot Has A Rolling Slope
HOA Fees
- $33 Monthly HOA Fees
Utilities
- Underground Utilities
- Spring water is a source of water for the property
- Septic Permit Issued
Listing and Financial Details
- Assessor Parcel Number 6531164225
Community Details
Overview
- Rainbow Mountain Subdivision
Recreation
- Property is near a spring
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
Feb 7, 2025
Closed on
Sep 8, 2025
Sold by
Bought by
Seller's Agent
Dan O'Connell
Exp Realty, LLC (Mls Only)
Buyer's Agent
Gregory Mitchell
Exp Realty, LLC (Mls Only)
List Price
$120,000
Sold Price
$110,000
Premium/Discount to List
-$10,000
-8.33%
Views
79
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
-$14,402
Avg. Annual Appreciation
-14.44%
Original Mortgage
$85,000
Outstanding Balance
$9,657
Interest Rate
6.74%
Mortgage Type
Construction
Estimated Equity
$85,941
Purchase Details
Closed on
Mar 11, 1999
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Franklin, NC
-
David Willett
-
Laura Thomas
Laura Thomas
Howard Hanna Beverly-Hanks Waynesville
(828) 492-2755
101 Total Sales
1 in Franklin
$355,000 Price
-
Dorothy Swearingen
Dorothy Swearingen
NCMountainLife.com
(828) 944-4837
63 Total Sales
1 in Franklin
$800,000 Price
-
Christy Mitchell
Christy Mitchell
Responds QuicklyGreat Smokys Realty
(854) 204-4145
142 Total Sales
45 in Franklin
$142K - $925K Price Range
-
Faye Wurm
Faye Wurm
Responds QuicklyBerkshire Hathaway HomeServices Meadows Mountain Realty - HF
(828) 528-6651
81 Total Sales
3 in Franklin
$238K - $425K Price Range
-
Brandon Braswell
Brandon Braswell
Realty Group 1 LLC
(828) 655-7725
125 Total Sales
1 in Franklin
$475,000 Price
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 |
|---|---|---|---|
| $110,000 | None Listed On Document | ||
| $43,000 | -- |
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 | $85,000 |
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 |
|---|---|---|---|---|
| 09/08/2025 09/08/25 | Sold | $110,000 | -8.3% | -- |
| 08/20/2025 08/20/25 | Pending | -- | -- | -- |
| 02/07/2025 02/07/25 | For Sale | $120,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | -- | $104,220 | $104,220 | $0 |
| 2024 | -- | $104,220 | $104,220 | $0 |
| 2023 | $300 | $104,220 | $104,220 | $0 |
| 2022 | $300 | $63,440 | $63,440 | $0 |
| 2021 | $300 | $63,440 | $63,440 | $0 |
| 2020 | $284 | $63,440 | $63,440 | $0 |
| 2018 | $315 | $75,520 | $75,520 | $0 |
| 2017 | -- | $75,520 | $75,520 | $0 |
| 2016 | $315 | $75,520 | $75,520 | $0 |
| 2015 | -- | $75,520 | $75,520 | $0 |
| 2014 | $410 | $122,340 | $122,340 | $0 |
| 2013 | -- | $122,340 | $122,340 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Dan O'Connell
Seller's Agent in 2025
Dan O'Connell
Exp Realty, LLC (Mls Only)
(828) 787-3004
146 Total Sales
-
Gregory Mitchell
G
Buyer's Agent in 2025
Gregory Mitchell
Exp Realty, LLC (Mls Only)
(828) 371-8600
26 Total Sales
Map
Source: Carolina Smokies Association of REALTORS®
MLS Number: 26039870
APN: 6531164225
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