NOT LISTED FOR SALE

109 S Franklin St Reidsville, NC 27320

Estimated Value: $58,000 - $280,000

3 Beds
2 Baths
2,300 Sq Ft
$59/Sq Ft Est. Value

Last Sold October 11, 2023

Last sale price $40,000 $17 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $752/month

4 Days on Market

Highlights

  • Wood Flooring
  • Farmhouse Style Home
  • Balcony
  • Main Floor Primary Bedroom
  • No HOA
  • Porch

About This Home

As of October 2023

FIRE SALE! Tremendous opportunity with this home to finish it out as your heart desires. This home has endured a fire and NEEDS WORK and is presently NOT HABITABLE. The first level is not fire-damaged but needs considerable work and upper level is stripped to studs. Fire-damaged materials have been removed from the premises but roof covering is not presently fully intact. Referenced square footage is for size purposes only and requires finishing to make it into livable area. No HVAC, no plumbing fixtures, no lights. Has tons of potential - move-in ready comps are well over $245,000. CASH & CONSTRUCTION LOANS ONLY. SOLD AS-IS.

Last Agent to Sell the Property

Brent Morris

Real Property Management Triad License #258664 Listed on: 09/20/2023

Last Buyer's Agent

SANDRA E MCCAULEY

Real Broker LLC License #205980

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $441

Year Built

  • Built in 1878

Lot Details

  • 9,583 Sq Ft Lot
  • Cleared Lot
  • Property is zoned R6RD

Home Design

  • Farmhouse Style Home
  • Wood Siding

Interior Spaces

  • 2,150 Sq Ft Home
  • 1,900-2,300 Sq Ft Home
  • Property has 2 Levels
  • Great Room with Fireplace

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Balcony
  • Porch

Utilities

  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 154626
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$441

Year Built

Built in 1878

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Subdivision Name: None
  • Directions: North on Barnes St, left on Lawsonville Ave Right on S Franklin St.
  • Above Grade Finished Sq Ft: 2150
  • Architectural Style: Farm House
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1878
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1900 - 2300
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Estimated
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Wood
  • Interior Amenities: Great Room, Dead Bolt(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 2150
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Balcony, Garden
  • Fencing: None
  • Lot Features: City Lot, Near Public Transit, Cleared
  • Pool Features: None
  • Construction Type: Wood Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Gravel, No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: None, No Fuel
  • Water Source: Public
  • TRIADMLS_HeatingFuel: No Fuel
  • Water Heater: None
  • Energy Features: None

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 154626
  • Zoning: R6RD
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 441
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 1.434

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Oct 9, 2023
Sold by
Dargis Lucas and Dargis Angela Rachel
Bought by
Lee Enterprise Llc and Lee
Seller's Agent
Brent Morris
Real Property Management Triad
Buyer's Agent
SANDRA E MCCAULEY
Real Broker LLC
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%
Views
68
Current Estimated Value
$135,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,496
Avg. Annual Appreciation
75.92%

Purchase Details

Closed on
Jun 9, 2023
Sold by
Craddock Michael David
Bought by
Dargis Lucas

Purchase Details

Closed on
Feb 5, 2019
Sold by
Pace Mitchell Garrett Dalton and Pace Mitchell Edward
Bought by
Craddock Michael David

Purchase Details

Closed on
Apr 17, 2014
Sold by
Roberson Michael Lee
Bought by
Mitchell Garett Dalton and Mitchell Edward Pace

Purchase Details

Closed on
Mar 20, 2008
Sold by
Terrell Judith H
Bought by
Roberson Michael L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Lee Enterprise Llc $40,000 None Listed On Document
Dargis Lucas $17,500 None Listed On Document
Craddock Michael David -- None Available
Mitchell Garett Dalton $7,500 None Available
Roberson Michael L $30,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2023 10/11/23 Sold $40,000 -19.8% $21 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
09/20/2023 09/20/23 For Sale $49,900 -- $26 / Sq Ft
Source: Triad MLS

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
2025 $477 $38,469 $4,888 $33,581
2024 $477 $38,469 $4,888 $33,581
2023 $477 $30,740 $4,413 $26,327
2022 $441 $30,740 $4,413 $26,327
2021 $441 $30,740 $4,413 $26,327
2020 $692 $48,290 $4,413 $43,877
2019 $692 $48,290 $4,413 $43,877
2018 $493 $34,301 $6,913 $27,388
2017 $493 $34,301 $6,913 $27,388
2015 $492 $33,885 $6,913 $26,972
2014 $487 $33,885 $6,913 $26,972
Source: Public Records

Agents Affiliated with this Home

  • Brent Morris

    Seller's Agent in 2023

    Brent Morris

    Real Property Management Triad

    (336) 293-3975

    1 in this area

    82 Total Sales

    Brent Morris
    Section Image

  • S

    Buyer's Agent in 2023

    SANDRA E MCCAULEY

    Real Broker LLC

    (336) 988-1506

    3 in this area

    9 Total Sales

    SANDRA E MCCAULEY
    Section Image
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Map

Source: Triad MLS

MLS Number: 1119799

Triad MLS

APN: 154626

North Carolina Rockingham County Reidsville 27320

109 S Franklin St, Reidsville, NC

Not Listed for Sale

Detached

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