NOT LISTED FOR SALE

15 New Spring Way Franklinton, NC 27525

Estimated Value: $423,000 - $489,000

5 Beds
3 Baths
2,848 Sq Ft
$162/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $460,000 $162 Per Sq Ft

Current estimated payment $2,682/month

11 Days on Market

Highlights

  • Open Floorplan
  • Main Floor Bedroom
  • Granite Countertops
  • Transitional Architecture
  • Bonus Room
  • Covered Patio or Porch

About This Home

As of August 2024

Beautifully maintained by original owners (just over 1 year old) with long list of custom upgrades and features! Great Franklinton location: Country feel yet close to everything! 5 large bedrooms (including 1st floor guest w/connecting full bath & WIC), a Bonus, 3 Full Baths, attached 2-Car Garage and a detached 2-Car Garage w/loft! Paver patio with firepit. Large & open floor plan with tons of natural light/great flow. Kitchen boasts Custom White Cabinets, Granite Countertops, center island/breakfast bar, Pendant Lights, SS Appliances, Recessed Lights & Walk-In Pantry! Master suite with custom wood tray ceiling, double Quartz vanity, custom accent wall in bath and large WIC. Additional 3 bedrooms and a bonus also on the second floor. LVP throughout main living area & 1st floor guest suite as well as upgraded lighting throughout! This is a must see and rare find at this price point so close to thriving downtown Franklinton & Wake Forest! No Due Diligence money required!! Please see 3D Interactive tour attached.

Last Agent to Sell the Property

Dave Harney

Coldwell Banker Advantage License #252544 Listed on: 07/18/2024

Coldwell Banker Advantage

Last Buyer's Agent

Lauren James

Navigate Realty License #327592

Navigate Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,478

Year Built

  • Built in 2022

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 214 x 114 x 111 x 40 x 112 x 24
  • Property fronts a state road
  • Cul-De-Sac
  • Landscaped
  • Level Lot
  • Few Trees
  • Back Yard

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Inside Entrance
  • Front Facing Garage
  • Garage Door Opener
  • 3 Open Parking Spaces

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stone Veneer

Interior Spaces

  • 2,848 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Coffered Ceiling
  • Tray Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Windows
  • Entrance Foyer
  • Living Room
  • Breakfast Room
  • Dining Room
  • Bonus Room
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Butlers Pantry
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity
  • Separate Shower in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Electric Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Rain Gutters

Schools

  • Franklinton Elementary School
  • Cedar Creek Middle School
  • Franklinton High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Gill Farm HOA, Phone Number (866) 473-2573
  • Gill Farm Subdivision

Listing and Financial Details

  • Court or third-party approval is required for the sale
  • Assessor Parcel Number 1863-97-3740

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,478

Year Built

Built in 2022

Lot Details

0

HOA Fees

$20 per month

Parking

4

Listing Details

  • Year Built: 2022
  • Prop. Type: Residential
  • Road Frontage Type: State Road
  • Road Surface Type: Asphalt, Paved
  • Reso Association Fee Includes: None
  • Subdivision Name: Gill Farm
  • Above Grade Finished Sq Ft: 2848.0
  • Architectural Style: Traditional, Transitional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Thermostat
  • General Property Information Lot Size Dimensions: 214 x 114 x 111 x 40 x 112 x 24
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Interior Features Separate Shower: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Second
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Second
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: Second
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Utilities Cable Available: Yes
  • General Property Information Association Phone: 866-473-2573
  • Interior Features Room Over Garage: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 20.0
  • Roof:Shingle: Yes
  • Room Types Entrance Hall: Yes
  • General Property Information Above Grade Finished Area: 2848.0
  • Room Types Primary Bathroom Level: Second
  • Room Types Laundry2: Yes
  • Roof Asphalt3: Yes
  • Road Frontage Type State Road: Yes
  • Special Listing Conditions Third Party Approval: Yes
  • General Property Information Lot Size Square Feet2: 23522.0
  • General Property Information Lot Size Acres: 0.54
  • General Property Information Stories2: 2
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Carpet, Luxury Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Breakfast Bar, Butler's Pantry, Ceiling Fan(s), Coffered Ceiling(s), Double Vanity, Entrance Foyer, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Room Over Garage, Separate Shower, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Self Cleaning Oven, Stainless Steel Appliance(s)
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Main Level Bathrooms: 1
  • Total Bedrooms: 10
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Interior Features:Coffered Ceiling(s): Yes
  • Interior Features:Butler_squote_s Pantry: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Exterior Features: Fire Pit, Rain Gutters
  • Acres: 0.54
  • Construction Type: Stone Veneer, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Front Porch, Patio, Rear Porch
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Stone Veneer: Yes
  • Exterior Features:Fire Pit: Yes
  • Lot Features:Back Yard2: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:Few Trees: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Window Features:Double Pane Windows: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4.0
  • Garage Spaces: 4.0
  • Open Parking Spaces: 3.0
  • Open Parking: Yes
  • Parking Features: Attached, Concrete, Detached, Garage Door Opener, Garage Faces Front, Inside Entrance
  • Total Parking Spaces: 7.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Detached: Yes
  • General Property Information:Garage Spaces: 4.0
  • Other Structures:Garage(s): Yes
  • Parking Features:Inside Entrance: Yes
  • Other Structures:Second Garage: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 7.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 3.0

Utilities

  • Utilities: Cable Available
  • Heating: Central, Electric, Forced Air, Heat Pump, Zoned
  • Cooling: Central Air, Electric, Heat Pump, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Zoned2: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association Fee: 240.0
  • Association Fee Frequency: Annually
  • Association Name: Gill Farm HOA
  • Phone: 866-473-2573
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Gill Farm HOA
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 240.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Franklin - Franklinton
  • Middle Or Junior School: Franklin - Cedar Creek

Lot Info

  • Lot Dimensions: 214 x 114 x 111 x 40 x 112 x 24
  • Lot Size Sq Ft: 23522.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1863-97-3740

Green Features

  • Green Energy Efficient:Thermostat: Yes

Tax Info

  • Tax Annual Amount: 2477.85
  • Tax Year: 2023
  • Tax Map Number: 85

MLS Schools

  • Elementary School: Franklin - Franklinton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2024
Closed on
Jul 29, 2024
Sold by
Bullen Timothy and Bullen Shauna
Bought by
Jones Kelly Sue and Jones Mason Lee
Seller's Agent
Dave Harney
Coldwell Banker Advantage
Buyer's Agent
Lauren James
Navigate Realty
List Price
$469,500
Sold Price
$460,000
Premium/Discount to List
-$9,500
-2.02%
Views
22
Current Estimated Value
$460,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97
Avg. Annual Appreciation
0.02%
Original Mortgage
$460,000
Outstanding Balance
$454,694
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$5,403

Purchase Details

Listed on
Aug 1, 2022
Closed on
Dec 9, 2022
Sold by
Mungo Homes
Bought by
Bullen Timothy and Bullen Shauna
Seller's Agent
Jim Allen
Coldwell Banker HPW
Buyer's Agent
Jim Allen
Daughtry Realty
List Price
$456,487
Sold Price
$444,487
Premium/Discount to List
-$12,000
-2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.00%
Original Mortgage
$355,590
Interest Rate
6.33%
Source: Public Records

Range of Values:

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List 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
Jones Kelly Sue $460,000 Old Republic National Title
Bullen Timothy $444,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Kelly Sue $460,000
Previous Owner Bullen Timothy $355,590
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2024 08/30/24 Sold $460,000 -2.0% $162 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
07/18/2024 07/18/24 For Sale $469,500 +5.6% $165 / Sq Ft
12/14/2023 12/14/23 Off Market $444,487 -- --
12/09/2022 12/09/22 Sold $444,487 -2.6% $156 / Sq Ft View Prior Sale
08/25/2022 08/25/22 Pending -- -- --
08/01/2022 08/01/22 For Sale $456,487 -- $161 / Sq Ft
Source: Doorify 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
2024 $2,555 $412,230 $52,500 $359,730
2023 $2,478 $268,860 $30,000 $238,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10041985

Doorify MLS

APN: 048405