NOT LISTED FOR SALE

508 Hemlock Falls Rd Franklin, NC 28734

Estimated Value: $617,539 - $900,000

3 Beds
5 Baths
3,360 Sq Ft
$218/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $475,000 $141 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,139/month

56 Days on Market

Highlights

  • Spa
  • Open Floorplan
  • Deck
  • 2.91 Acre Lot
  • New Kitchen
  • Private Lot

About This Home

As of June 2020

This rustic elegant Log home on 2.91 acres w/a fabulous mountain & valley view is a one level living home w/everything you need on the main level. The cathedral ceiling has tounge' n' grove w/big beams and a rich warm tone w/log interior. Hang out & enjoy this fabulous kitchen with custom cabinets, granite counters & stainless steel appliances. This place is so nicely decorated and furnishings are negotiable. Up stairs has two private bedrooms w/a bath. The luxurious lower level with a separate kitchen, bath, 4th bedroom, family room w/stone fireplace & a rec room will attract all your family & friends for a nice mountain vacation. The grounds provide a private setting and landscaping is enhanced with huge boulders, many blooming trees and plants as well as a black berry crop.Walking the country roads in a peaceful setting is the best therapy and will help you forget all the worldly problems.Close by is a huge waterfall where you can sit and meditate or have your morning devotional. Those four legged friends will be so happy to have control of most of the acreage in their fenced playground. This home has so many quality features and will be such a pleasure to call home .

Last Agent to Sell the Property

Evelyn Owens

Keller Williams Realty Of Franklin Brokerage Phone: 8285240100 License #228116 Listed on: 03/20/2020

Keller Williams Realty Of Franklin

Last Buyer's Agent

Matthew Jackson

Keller Williams Realty Of Franklin License #298979

Keller Williams Realty Of Franklin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,335

Year Built

  • Built in 2008

Lot Details

  • 2.91 Acre Lot
  • Home fronts a stream
  • Fenced Yard
  • Private Lot
  • Open Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Log Cabin
  • Rustic Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Log Siding
  • Stone

Interior Spaces

  • 3,360 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • Furnished or left unfurnished upon request
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Stone Fireplace
  • Insulated Windows
  • Insulated Doors
  • Great Room
  • Living Area on First Floor
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Valley Views

Kitchen

  • New Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathtub Includes Tile Surround
  • Spa Bath

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement with some natural light

Outdoor Features

  • Spa
  • Deck
  • Porch

Schools

  • East Franklin Elementary School
  • Macon Middle School
  • Franklin High School

Utilities

  • Ductless Heating Or Cooling System
  • Zoned Cooling
  • Heating System Uses Propane
  • Heat Pump System
  • Mini Split Heat Pump
  • Heating System Powered By Leased Propane
  • Water Filtration System
  • Private Water Source
  • Well
  • Tankless Water Heater
  • Septic Tank

Community Details

  • Hemlock Falls Subdivision
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 7514725562

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,335

Year Built

Built in 2008

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 2.91
  • Road Frontage Type: Property Owners' Assoc
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Subdivision Name: Hemlock Falls
  • Directions: From East main street, turn onto the Highlands Rd. travel towards Highlands and turn left on Ellijay Rd., then right on the first Higdon Rd. which is gravel. Just before the old, white farm house turn right through the stone columns on Hemlock Falls Rd., pass the waterfall and the house is on the left at the top of the hill.
  • Architectural Style: Log, Cabin
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Year Built: 2008
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8285240100
  • Special Features: None

Interior Features

  • Furnished: Negotiable
  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Tankless Water Heater, Water Filter System, Gas Oven/Range, Dishwasher, Refrigerator, Exhaust Fan, Dryer, Microwave, Washer
  • Has Basement: Full, Daylight, Recreation/Game Room, Partitioned, Finished, Exterior Entry, Finished Bath, Heated, Interior Entry
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Doors-Insulated
  • Fireplace Features: Gas Log, Two or More, Stone
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Large Master Bedroom, New Kitchen, Ceramic Tile Bath, Great Room, In-law Quarters, Kitchen Island, Main Level Living, Open Floorplan, Split Bedroom, Kitchen/Dining Room, Pantry, Cathedral/Vaulted Ceiling, Primary on Main Level, Rec/Game Room, Walk-In Closet(s)
  • Living Area: 3360
  • Main Level Bathrooms: 2
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: Second
  • Room Bedroom4 Area: 188.76
  • Room Bedroom4 Level: Basement
  • Living Room Living Room Level: First
  • Room Family Room Level: Basement
  • Room Bedroom3 Area: 333.2
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 333.2
  • Room Living Room Area: 407.95
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 115.32
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 13.1
  • Room Master Bedroom Area: 175.54
  • Room Dining Room Area: 168.2

Exterior Features

  • Fencing: Fenced Yard
  • Lot Features: Open Lot, Private, Rolling
  • View: View Year Round, Long Range View, Valley
  • View: Yes
  • Waterfront Features: Stream/Creek
  • Home Warranty: No
  • Waterfront Elevation: 2428
  • Construction Type: Log, Stone
  • Exterior Features: Rustic Appearance
  • Foundation Details: Slab
  • Patio And Porch Features: Porch, Deck
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage-Double Detached, Garage Door Opener

Utilities

  • Laundry Features: First Level
  • Cooling: Heat Pump, Ductless, Two Zone
  • Cooling Y N: Yes
  • Heating: Heat Pump, Mini-Split, Electric, Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Well, Private
  • Gas Company: Propane Tank: Leased
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: East Franklin
  • High School: Franklin
  • Middle Or Junior School: Macon Middle

Lot Info

  • Lot Size Sq Ft: 126759.6
  • Parcel #: 7514725562
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1334.94
  • Tax Book Number: R-34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2020
Closed on
Jun 1, 2020
Sold by
Walker David Leon and Walker Marian Elizabeth
Bought by
Kohn Jason William and Kohn Samantha
Seller's Agent
Evelyn Owens
Keller Williams Realty Of Franklin
Buyer's Agent
Matthew Jackson
Keller Williams Realty Of Franklin
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
$726,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,071
Avg. Annual Appreciation
8.50%
Original Mortgage
$380,000
Outstanding Balance
$276,802
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$446,852

Purchase Details

Closed on
Nov 29, 2011
Sold by
Becker Susan Lea and Lohr Scott E
Bought by
Walker David Leon and Walker Marian Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
4.06%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 2, 2006
Sold by
Becker Susan Lea
Bought by
Becker Susan Lea and Lohr Scott E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kohn Jason William $475,000 None Available
Walker David Leon -- --
Becker Susan Lea -- None Available
Becker Susan Lea -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kohn Jason William $380,000
Previous Owner Walker David Leon $220,000
Previous Owner Walker David Leon $189,000
Previous Owner Lohr Scott E $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2020 06/15/20 Sold $475,000 0.0% $141 / Sq Ft
05/16/2020 05/16/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $475,000 -- $141 / Sq Ft
Source: Carolina Smokies Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $1,664 $452,380 $49,220 $403,160
2023 $1,468 $452,380 $49,220 $403,160
2022 $1,468 $265,090 $22,840 $242,250
2021 $1,421 $288,090 $22,840 $265,250
2020 $1,348 $288,090 $22,840 $265,250
2018 $1,211 $277,210 $23,770 $253,440
2017 $1,211 $277,210 $23,770 $253,440
2016 $1,211 $277,210 $23,770 $253,440
2015 $1,188 $277,210 $23,770 $253,440
2014 $1,244 $365,200 $56,470 $308,730
2013 -- $365,200 $56,470 $308,730
Source: Public Records

Agents Affiliated with this Home

  • Evelyn Owens

    Seller's Agent in 2020

    Evelyn Owens

    Keller Williams Realty Of Franklin

    (828) 332-0088

    132 in this area

    166 Total Sales

    Section Image

  • M

    Buyer's Agent in 2020

    Matthew Jackson

    Keller Williams Realty Of Franklin

    (828) 817-3458

    101 in this area

    132 Total Sales

    Section Image
See All Agents

Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26015163

APN: 7514725562

North Carolina Macon County Franklin 28734

508 Hemlock Falls Rd, Franklin, NC

This home is located at 508 Hemlock Falls Rd, Franklin, NC 28734 since 20 March 2020 and is currently estimated at $733,135, approximately $218 per square foot. This property was built in 2008. 508 Hemlock Falls Rd is a home located in Macon County with nearby schools including East Franklin Elementary School, Macon Middle School, and Mountain View Intermediate School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes