Seller's Agent in 2024
Magan Inscoe
Coldwell Banker HPW
(919) 697-1834
6 in this area
87 Total Sales
205 Mitchell Ave Unit A&B Franklinton, NC 27525
Estimated Value: $184,000 - $268,000
4
Beds
2
Baths
1,196
Sq Ft
$190/Sq Ft
Est. Value
Highlights
- Transitional Architecture
- 1-Story Property
- Forced Air Heating and Cooling System
About This Home
As of June 2024**Income-Producing Duplex Investment Opportunity!**
Welcome to 205 A & B Mitchell Ave in Franklinton! This duplex offers an exceptional opportunity for savvy investors. One unit occupied and one on the rental market currently. Each unit boast 2 bedrooms, 1 full bath. Spruced up in 2019, featuring washer/dryer hookups in each unit, this property ensures convenience and comfort for tenants. With private entrances, ample parking, and a prime location offering easy access to local amenities, this duplex promises both privacy and convenience. Don't miss out on this turnkey investment opportunity - seize the chance to add this income-producing gem to your portfolio today! Schedule your viewing now! Each Unit is just shy of 600 sq ft. Each contains 2 rooms that could be used as bedrooms, 1 full bath and 1 dining/kitchen space. Refrigerators and ranges are owned by the seller.
Unit A is occupied for $895/month through 3/31/25
Unit B is occupied for $895/month through 4/30/25
Last Agent to Sell the Property
Coldwell Banker HPW License #223691 Listed on: 02/29/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,519
Year Built
- Built in 1956
Lot Details
- 9,888
Parking
- Gravel Driveway
Home Design
- Transitional Architecture
- Brick Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,196 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Additional Features
- 9,888 Sq Ft Lot
- Forced Air Heating and Cooling System
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 010003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 29, 2024
Closed on
Jun 11, 2024
Sold by
Hurt Llc
Bought by
Ayscue Bobby Ray
Seller's Agent
Magan Inscoe
Coldwell Banker HPW
Buyer's Agent
Bonnie Hernandez
Coldwell Banker HPW
List Price
$274,900
Sold Price
$235,000
Premium/Discount to List
-$39,900
-14.51%
Views
128
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,080
Avg. Annual Appreciation
-2.29%
Original Mortgage
$176,250
Outstanding Balance
$173,720
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$53,200
Purchase Details
Closed on
Sep 5, 2018
Sold by
Worley Lisa Kimberly and Worley James R
Bought by
Hurt Llc
Purchase Details
Closed on
Nov 30, 2010
Sold by
Vaughan Kelly Tingen and Tingen Jean H
Bought by
Worley Lisa Kimberly
Purchase Details
Closed on
Mar 18, 2008
Sold by
Tingen Jean H
Bought by
Worley Lisa Kimberly
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ayscue Bobby Ray | $235,000 | None Listed On Document | |
| Ayscue Bobby Ray | $235,000 | None Listed On Document | |
| Hurt Llc | $35,000 | None Available | |
| Worley Lisa Kimberly | -- | None Available | |
| Worley Lisa Kimberly | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ayscue Bobby Ray | $176,250 | |
| Closed | Ayscue Bobby Ray | $176,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/24/2024 06/24/24 | Sold | $235,000 | -9.6% | $196 / Sq Ft |
| 05/21/2024 05/21/24 | Pending | -- | -- | -- |
| 04/30/2024 04/30/24 | Price Changed | $259,900 | -3.7% | $217 / Sq Ft |
| 04/03/2024 04/03/24 | Price Changed | $269,900 | -1.8% | $226 / Sq Ft |
| 02/29/2024 02/29/24 | For Sale | $274,900 | -- | $230 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $2,613 | $186,940 | $40,860 | $146,080 |
| 2024 | $2,641 | $186,940 | $40,860 | $146,080 |
| 2023 | $1,519 | $80,460 | $11,460 | $69,000 |
| 2022 | $1,491 | $80,460 | $11,460 | $69,000 |
| 2021 | $1,467 | $80,460 | $11,460 | $69,000 |
| 2020 | $1,469 | $80,460 | $11,460 | $69,000 |
| 2019 | $1,088 | $63,150 | $11,460 | $51,690 |
| 2018 | $1,083 | $63,150 | $11,460 | $51,690 |
| 2017 | $687 | $35,720 | $10,910 | $24,810 |
| 2016 | $690 | $35,720 | $10,910 | $24,810 |
| 2015 | $687 | $35,720 | $10,910 | $24,810 |
| 2014 | $643 | $35,720 | $10,910 | $24,810 |
Source: Public Records
Agents Affiliated with this Home
-
Magan Inscoe
-
Bonnie Hernandez
Buyer's Agent in 2024
Bonnie Hernandez
Coldwell Banker HPW
(919) 667-4011
7 in this area
55 Total Sales
Map
Source: Doorify MLS
MLS Number: 10014189
APN: 010003
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Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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