338 Pedernales Dr Smithfield, NC 27577
Estimated payment $1,791/month
Highlights
- 1.85 Acre Lot
- No HOA
- Brick Veneer
- Wood Flooring
- 2 Car Attached Garage
- Forced Air Heating and Cooling System
About This Home
Opportunity awaits with this ranch situated on a rare 1.85-acre lot in Smithfield, with NO HOA. Located in the Arrowhead Pointe subdivision, this property offers significant value-add potential for investors seeking a renovation project with strong upside. The home is in need of updates and repairs, providing an ideal canvas for a full renovation, fix-and-flip, or long-term rental strategy. The expansive lot creates added opportunity for outdoor improvements, enhanced curb appeal, or storage solutions. The ranch-style layout supports efficient redesign possibilities, maximizing both livability and return on investment. Enjoy easy access to major highways, shopping, and dining, with a convenient commute to Raleigh and surrounding areas. With steady rental demand and continued growth throughout Johnston County, this property presents an excellent opportunity to capitalize on both short- and long-term investment strategies. Aerial photos have been enhanced to showcase the possible beauty of the property. Bring your best offer.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,104
Year Built
- Built in 2005
Lot Details
- 1.85 Acre Lot
- Property is zoned RAG
Parking
- 2 Car Attached Garage
Home Design
- Brick Veneer
- Slab Foundation
- Asphalt Roof
Interior Spaces
- 1,370 Sq Ft Home
- 1-Story Property
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Polenta Elementary School
- Swift Creek Middle School
- Cleveland High School
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Arrowhead Pointe Subdivision
Listing and Financial Details
- Assessor Parcel Number 06G06024V
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,052 | $331,290 | $80,000 | $251,290 |
| 2024 | $1,529 | $188,730 | $47,000 | $141,730 |
| 2023 | $1,477 | $188,730 | $47,000 | $141,730 |
| 2022 | $1,552 | $188,730 | $47,000 | $141,730 |
| 2021 | $1,552 | $188,730 | $47,000 | $141,730 |
| 2020 | $1,571 | $188,730 | $47,000 | $141,730 |
| 2019 | $1,571 | $188,730 | $47,000 | $141,730 |
| 2018 | $1,327 | $155,620 | $30,000 | $125,620 |
| 2017 | $1,327 | $155,620 | $30,000 | $125,620 |
| 2016 | $1,327 | $155,620 | $30,000 | $125,620 |
| 2015 | $1,327 | $155,620 | $30,000 | $125,620 |
| 2014 | $1,327 | $155,620 | $30,000 | $125,620 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/25/2026 03/25/26 | Pending | -- | -- | -- |
| 03/05/2026 03/05/26 | Off Market | $300,000 | -- | -- |
| 01/23/2026 01/23/26 | For Sale | $300,000 | -- | $219 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $32,000 | None Available |
Source: Doorify MLS
MLS Number: 10142923
APN: 06G06024V
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Ask me questions while you tour the home.