$699,000
$30K PRICE DROP

Estimated payment $3,991/month

Total Views 2,482
4 Beds
3.5 Baths
2,356 Sq Ft
$297 Price per Sq Ft

Highlights

  • Wood Flooring
  • Bonus Room
  • Living Room
  • Main Floor Primary Bedroom
  • No HOA
  • Bungalow

About This Home

Venture back with me to the early 1920's. At 1006 Franklin Street in Durham, NC a battleship-grey bungalow rests on a quiet, tree-lined street where neighbors know one another and evenings are spent on front porch swings. Just across the way, the Golden Belt Manufacturing Company bustles with a rapidly growing female workforce, hand sewing drawstring pouches for loose leaf Bull Durham tobacco. The sewing room tucked beneath the bungalow's second story dormer hints that the woman who lives there may be one of those highly skilled seamstresses. Now, fast forward more than century. The six-building textile mill has been reborn as a hub for retail, art, and office space- one of the city's oldest historical landmarks. And the grey bungalow on Franklin Street? A dedicated team of architects and designers worked tirelessly to preserve the simplistic beauty of its 1916 character, while seamlessly weaving in the utmost of modern style and convenience. The home now boasts a sophisticated kitchen with a spacious and beautifully appointed primary suite that provides both comfort and elegance. What was once a single bath has now been transformed into three and a half beautifully designed baths offering each bedroom the privacy of its own en-suite. 1006 Franklin Street stands today as a property of true historical, architectural, and cultural importance. The scent of tobacco and the mechanical hum of the old mill have long since given way to the faint chatter, music, and aromas of Golden Belt's many restaurants and creative spaces. And yet, some things remain unchanged by the years. The quiet, tree-lined street is still home to a community of neighbors and the porches where they gather on warm evenings. That not-so-little-anymore bungalow is still there, eager to get to know it's new owners. Come take a gander and let the sophisticated charm and allure of local history inspire you to make 1006 Franklin Street your next home! Because the renovation was completed in accordance with the Golden Belt Historical Preservation Committee, the new owners will have the option to pursue official designation as a local historic landmark and are eligible for a 50% reduction in annual property tax. Additionally, First Citizens is offering eligible buyers up to a 1.125% discount off the interest rate, conventional financing has $20,000 forgivable down payment and closing cost assistance (reduces to $10,000 after) and FHA loans have a $10,000 grant available.

Listing Agent

Michele Wright

Nest Realty of the Triangle License #194633 Listed on: 08/22/2025

Nest Realty of the Triangle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,719

Year Built

  • Built in 1916

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Bungalow
  • Block Foundation
  • Shingle Roof
  • Shake Siding

Interior Spaces

  • 2,356 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main

Schools

  • Eastway Elementary School
  • Brogden Middle School
  • Riverside High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0831-25-8277

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,719

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Year Built: 1916
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 2356.0
  • Architectural Style: Bungalow
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Basement YN: No
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: Main
  • Room Types Living Room2: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Venture back with me to the early 1920's. At 1006 Franklin Street in Durham, NC a battleship-grey bungalow rests on a quiet, tree-lined street where neighbors know one another and evenings are spent on front porch swings. Just across the way, the Golden Belt Manufacturing Company bustles with a rapidly growing female workforce, hand sewing drawstring pouches for loose leaf Bull Durham tobacco. The sewing room tucked beneath the bungalow's second story dormer hints that the woman who lives there may be one of those highly skilled seamstresses. Now, fast forward more than century. The six-building textile mill has been reborn as a hub for retail, art, and office space- one of the city's oldest historical landmarks. And the grey bungalow on Franklin Street? A dedicated team of architects and designers worked tirelessly to preserve the simplistic beauty of the home's 1916 character, while seamlessly weaving in the utmost of modern style and convenience. The home now boasts a sophisticated kitchen with a spacious and beautifully appointed primary suite that provides both comfort and elegance. What was once a single bath has now been transformed into three and a half beautifully designed baths offering each bedroom the privacy of its own en-suite. 1006 Franklin Street stands today as a property of true historical, architectural, and cultural importance. The scent of tobacco and the mechanical hum of the old mill have long since given way to the faint chatter, music, and aromas of Golden Belt's many restaurants and creative spaces. And yet, some things remain unchanged by the years. The quiet, tree-lined street is still home to a community of neighbors and the porches where they gather on warm evenings. That not-so-little-anymore bungalow is still there, eager to get to know it's new owners. Because the renovation was completed in accordance with the Golden Belt Historical Preservation Committee, the new owners will have the option to pursue official designation as a local historic landmark and are eligible for a 50% reduction in annual property tax. Text Michele @ 919-672-5686 and make an appointment to come take a gander and let the sophisticated charm and allure of local history inspire you to make 1006 Franklin Street your next home!
  • General Property Information Senior Community YN: No
  • Architectural Style Bungalow: Yes
  • Foundation Details Block3: Yes
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 2356.0
  • General Property Information Main Level Bedrooms: 1
  • General Property Information Lot Size Square Feet2: 4792.0
  • General Property Information Lot Size Acres: 0.11
  • General Property Information:Living Area3: 2356.0
  • DelayedMarketingYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Construction Type: Shake Siding
  • Foundation Details: Block
  • Construction Materials:Shake Siding: Yes

Utilities

  • Heating: Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Durham - Riverside
  • Middle Or Junior School: Durham - Brogden

Lot Info

  • Lot Size Sq Ft: 4792.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0831-25-8277

Tax Info

  • Tax Annual Amount: 3718.91
  • Tax Year: 2025

MLS Schools

  • Elementary School: Durham - Eastway

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $3,608 $364,010 $138,750 $225,260
2024 $3,541 $253,868 $77,350 $176,518
2023 $3,325 $253,868 $77,350 $176,518
2022 $3,249 $253,868 $77,350 $176,518
2021 $3,234 $253,868 $77,350 $176,518
2020 $3,158 $253,868 $77,350 $176,518
2019 $3,158 $253,868 $77,350 $176,518
2018 $2,560 $188,713 $38,675 $150,038
2017 $2,541 $188,713 $38,675 $150,038
2016 $2,455 $188,713 $38,675 $150,038
2015 $709 $51,196 $11,833 $39,363
2014 $709 $51,196 $11,833 $39,363
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2025 11/11/25 Price Changed $699,000 -1.5% $297 / Sq Ft
10/15/2025 10/15/25 Price Changed $710,000 -2.6% $301 / Sq Ft
08/22/2025 08/22/25 For Sale $729,000 -- $309 / Sq Ft
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $360,000 None Listed On Document
Warranty Deed $360,000 None Listed On Document
Warranty Deed -- --
Warranty Deed $78,500 None Available
Warranty Deed $37,500 None Available
Warranty Deed $48,315 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $550,000 New Conventional
Closed $550,000 New Conventional
Previous Owner $78,350 No Value Available
Previous Owner $30,000 No Value Available
Source: Public Records

Source: Doorify MLS

MLS Number: 10117636

Doorify MLS

APN: 111794