$390,000
SOLD NOV 4, 2024

195 Gill Farm Way Franklinton, NC 27525

5 Beds
3 Baths
2,333 Sq Ft
0.36 Acres

Recently Sold

$167 Per Sq Ft

1% Below List Price

20 Days on Market

Highlights

  • Transitional Architecture
  • Loft
  • 2 Car Attached Garage
  • Main Floor Bedroom
  • Fenced Yard
  • Living Room

About This Home

As of November 2024

Spacious living awaits in this practically brand new beautiful 5-bedroom retreat with guest bedroom/office on the main floor! Enjoy your cozy fall nights in your fenced yard under the covered patio with a mug of warm apple cider! The main floor living and 2nd floor loft gives everyone the opportunity to spread out and have their own space. This home is perfect for those seeking a peaceful and spacious lifestyle, away from the hustle and bustle of city living. The best dining, shopping & holiday events are just minutes away in downtown Franklinton. Fridge in kitchen stays with the home!

Last Agent to Sell the Property

Jaimee Wilder

Fathom Realty NC License #293112 Listed on: 09/19/2024

Fathom Realty NC

Last Buyer's Agent

Jeff Leonard

NorthGroup Real Estate, Inc. License #323845

NorthGroup Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,197

Year Built

  • Built in 2023

Lot Details

  • 0.36 Acre Lot
  • Fenced Yard
  • Property is Fully Fenced

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,333 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Loft

Kitchen

  • Electric Range
  • Microwave
  • Plumbed For Ice Maker

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include ground maintenance
  • Realmanage Association, Phone Number (866) 473-2573
  • Built by Mungo
  • Gill Farm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 048395

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,197

Year Built

Built in 2023

Lot Details

0

HOA Fees

$20 per month

Parking

2

Listing Details

  • Builder Name: Mungo
  • Year Built: 2023
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds
  • Subdivision Name: Gill Farm
  • Above Grade Finished Sq Ft: 2333.0
  • Architectural Style: Traditional, Transitional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • 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
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Second
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Second
  • Room Types Bedroom 5 Level: Second
  • Room Types Loft: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • General Property Information Association Phone: 8664732573
  • Fencing Privacy: Yes
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 2333.0
  • Fencing Full2: Yes
  • General Property Information Lot Size Square Feet2: 15681.6
  • General Property Information Lot Size Acres: 0.36
  • General Property Information Stories2: 2
  • General Property Information Builder Name: Mungo
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Carpet, Luxury Vinyl
  • Appliances: Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Total Bedrooms: 11
  • Stories: 2
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Fenced Yard
  • Fencing: Full, Privacy
  • Acres: 0.36
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:Fenced - Yard: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: No
  • Total Parking Spaces: 4.0
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 240.0
  • Association Fee Frequency: Annually
  • Association Name: RealManage
  • Phone: 866-473-2573
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: RealManage
  • Association Fee Includes:Maintenance Grounds2: Yes
  • 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 Size Sq Ft: 15681.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 048395
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2197.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Franklin - Franklinton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2024
Closed on
Oct 29, 2024
Sold by
Melnyk Samantha and Melnyk David William
Bought by
Martin Kirk Dylan
Seller's Agent
Jaimee Wilder
Fathom Realty NC
Buyer's Agent
Jeff Leonard
NorthGroup Real Estate, Inc.
List Price
$395,000
Sold Price
$390,000
Premium/Discount to List
-$5,000
-1.27%
Views
29
Current Estimated Value
$380,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,053
Avg. Annual Appreciation
-2.44%
Original Mortgage
$190,000
Outstanding Balance
$188,098
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$192,849

Purchase Details

Listed on
Dec 30, 2022
Closed on
Apr 12, 2023
Sold by
Mungo Homes
Bought by
Melnyk Samantha and Melnyk David William
Seller's Agent
Jim Allen
Coldwell Banker HPW
Buyer's Agent
Janet Novak
Allen Tate/Raleigh-Falls Neuse
List Price
$362,655
Sold Price
$362,655
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.74%
Original Mortgage
$347,946
Interest Rate
5.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $390,000 None Listed On Document
Warranty Deed $390,000 None Listed On Document
Warranty Deed $363,000 None Listed On Document
Warranty Deed $363,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $190,000 New Conventional
Closed $190,000 New Conventional
Previous Owner $347,946 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2024 11/04/24 Sold $390,000 -1.3% $167 / Sq Ft
10/09/2024 10/09/24 Pending -- -- --
09/19/2024 09/19/24 For Sale $395,000 +8.9% $169 / Sq Ft
12/14/2023 12/14/23 Off Market $362,655 -- --
04/12/2023 04/12/23 Sold $362,655 0.0% $157 / Sq Ft View Prior Sale
12/30/2022 12/30/22 Pending -- -- --
12/30/2022 12/30/22 For Sale $362,655 -- $157 / 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 $2,207 $353,580 $52,500 $301,080
2023 $326 $37,000 $30,000 $7,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10053515

Doorify MLS

APN: 048395