NOT LISTED FOR SALE

2350 Us 1 Hwy Franklinton, NC 27525

Estimated Value: $161,000 - $220,000

4 Beds
2.5 Baths
3,026 Sq Ft
$65/Sq Ft Est. Value

Last Sold March 28, 2023

Last sale price $701,700 $232 Per Sq Ft

Current estimated payment $1,239/month

53 Days on Market

Highlights

  • 20.65 Acre Lot
  • Wood Flooring
  • No HOA
  • Traditional Architecture
  • 2 Fireplaces
  • 1-Story Property

About This Home

As of March 2023

BUILDER/INVESTOR OPPORTUNITY. Location, location, LOCATION! Only $41k per acre for commercial property. Over 18 acres just waiting to be developed with road frontage on Capital Blvd between Youngsville and Franklinton! Unlimited potential for commercial improvement, neighborhood or an investment in this rapidly developing area. 1280' road frontage. Location benefits from major turn-around on highway. Direct access to both North & South 4 lanes. Two-acre pond buffer between Capital Blvd and land. $15k+dam upgrade to install new pipes underwater and high water valve in 2017. All utilities are on site or very close. Zoned General Business (GB). Contact Franklin County to submit application for rezoning. Adjacent property for sale that would accommodate additional acreage if needed by buyer. Well and septic tank on property. Sold as-is. Current home on property is a fixer-upper. Partially cleared with hardwoods. Appointment required. Do not enter home.

Last Agent to Sell the Property

Cassie Hilton

Property Specific, LLC License #336082 Listed on: 01/20/2023

Last Buyer's Agent

Cassie Hilton

Fathom Realty NC License #336082

Fathom Realty NC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,849

Year Built

  • Built in 1954

Lot Details

  • 20.65 Acre Lot
  • Property is zoned FCO GB

Parking

  • 1 Carport Space

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,026 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Franklinton Elementary And Middle School
  • Franklinton High School

Utilities

  • Central Air
  • Heating System Uses Propane

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,849

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Year Built: 1954
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 3026.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 18.5 acres
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Wood: Yes
  • General Property Information Above Grade Finished Area: 3026.0
  • General Property Information Carport YN: No
  • General Property Information Carport Spaces2: 1.0
  • General Property Information Lot Size Square Feet2: 899514.0
  • General Property Information Lot Size Acres: 20.65
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Combination, Wood
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Total Bedrooms: 9
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Acres: 20.65
  • Construction Type: Brick
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport
  • Parking Features:Carport: Yes

Utilities

  • Heating: Propane
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Propane2: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: FCO GB
  • Lot Dimensions: 18.5 acres
  • Lot Size Sq Ft: 899514.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5849.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Franklin - Franklinton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2024
Sold by
Lee-Ray Holdings Llc
Bought by
Taybron Corey L and Ayscue Bobby Ray
Current Estimated Value
$196,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$148,191
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$48,354

Purchase Details

Closed on
Nov 3, 2023
Sold by
Elizabeth Senter Family Llc
Bought by
Lee-Ray Holdings Llc

Purchase Details

Closed on
Nov 18, 2020
Sold by
Senter J Larry J and Senter Margaret
Bought by
Elizabeth Senter Family Llc
Source: Public Records

Range of Values:

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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
Taybron Corey L -- None Listed On Document
Taybron Corey L -- None Listed On Document
Lee-Ray Holdings Llc $195,000 None Listed On Document
Elizabeth Senter Family Llc -- None Available
Elizabeth Senter Family Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taybron Corey L $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $701,700 -- --
12/14/2023 12/14/23 Off Market $701,700 -- --
03/28/2023 03/28/23 Sold $701,700 0.0% $232 / Sq Ft
03/28/2023 03/28/23 Sold $701,700 -7.5% $702 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
03/14/2023 03/14/23 Pending -- -- --
03/11/2023 03/11/23 For Sale $758,500 0.0% $251 / Sq Ft
03/11/2023 03/11/23 For Sale $758,500 0.0% $759 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $758,500 0.0% $251 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
11/21/2022 11/21/22 For Sale $758,500 -- $759 / 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 $2,309 $169,790 $30,470 $139,320
2023 $1,048 $58,060 $11,900 $46,160
2022 $1,032 $58,060 $11,900 $46,160
2021 $1,014 $58,060 $11,900 $46,160
2020 $1,016 $58,060 $11,900 $46,160
2019 $1,007 $58,060 $11,900 $46,160
2018 $1,002 $58,060 $11,900 $46,160
2017 $937 $51,120 $10,820 $40,300
2016 $953 $51,120 $10,820 $40,300
2015 $949 $51,120 $10,820 $40,300
2014 $897 $51,120 $10,820 $40,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2491381

Doorify MLS

APN: 009686