NOT LISTED FOR SALE

40 Meadow Ln Franklinton, NC 27525

Estimated Value: $279,000 - $351,136

3 Beds
2.5 Baths
1,902 Sq Ft
$165/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $340,000 $179 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,833/month

20 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Great Room with Fireplace
  • Traditional Architecture
  • High Ceiling
  • Granite Countertops

About This Home

As of November 2023

Desirable one level living located in Sterling Meadows neighborhood in Franklinton! NEW ROOF in 2023! NEW HVAC in 2022! Large open lot! Walk up attic w/ 790 sqft unfinished! Great kitchen w/ granite counters, tile backsplash plus dining area w/ breakfast bar! Three large bedrooms with walk in closets! 2.5 baths! Bonus side entry door leads to large laundry/mud room, half bath & connects back to kitchen! Primary bath has garden tub & separate shower w/ dual vanities! Covered front porch! Back deck wraps @ house to side entry door! Located less than 1 mile from US-1/Capital Blvd/Hwy 56 intersection! Convenient to downtown Franklinton, US-1/Capital Blvd, Youngsville, Wake Forest, Raleigh and shopping and dining!

Last Agent to Sell the Property

Teena Johnson

ProHome Realty, Inc. License #238787 Listed on: 07/27/2023

Co-Listed By

Stephen Johnson

ProHome Realty, Inc. License #159316

Last Buyer's Agent

Tina Caul

EXP Realty LLC License #267133

EXP Realty LLC

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $1,465

Year Built

  • Built in 2001

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 346x155x334x33x18x60
  • Cul-De-Sac
  • Landscaped
  • Open Lot

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,902 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Gas Log Fireplace
  • Propane Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room
  • Breakfast Room
  • Combination Kitchen and Dining Room
  • Storage
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Attic

  • Permanent Attic Stairs
  • Unfinished Attic

Parking

  • Parking Pad
  • Private Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Franklinton Elementary And Middle School
  • Franklinton High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Sterling Meadows Subdivision

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$1,465

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Year Built: 2001
  • Prop. Type: Residential
  • Co List Office Mls Id: 2070
  • Co List Office Phone: 919-488-3600
  • Subdivision Name: Sterling Meadows
  • Above Grade Finished Sq Ft: 1902.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 791.0
  • General Property Information Total Unfinished Area2: 791.0
  • General Property Information Lot Size Dimensions: 346x155x334x33x18x60
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Flooring Carpet: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Room Types Great Room2: Yes
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Bathtub Only: Yes
  • General Property Information Senior Community YN: No
  • Flooring Laminate: Yes
  • Levels One and One Half: Yes
  • Attic Features Unfinished2: Yes
  • General Property Information Above Grade Finished Area: 1902.0
  • General Property Information Carport YN: No
  • Structure Type Modular: Yes
  • General Property Information Lot Size Square Feet2: 21780.0
  • General Property Information Lot Size Acres: 0.5
  • Special Features: VirtualTour
  • Property Sub Type: MobileManufactured

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Bathtub Only, Bathtub/Shower Combination, Entrance Foyer, Granite Counters, High Ceilings, Kitchen/Dining Room Combination, Primary Downstairs, Separate Shower, Smooth Ceilings, Soaking Tub, Storage, Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room, Propane
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Fireplace Features:Propane: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Great Room: Yes
  • Attic Features:Permanent Stairs: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.5
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Covered, Deck, Porch
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:Open Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway, Parking Pad
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Parking Pad: Yes

Utilities

  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Dimensions: 346x155x334x33x18x60
  • Lot Size Sq Ft: 21780.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1465.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Franklin - Franklinton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Nov 1, 2023
Sold by
Robinson David George and Robinson Teresa Joann
Bought by
Petty Julian Leroy and Petty Neh Ophelia
Seller's Agent
Teena Johnson
ProHome Realty, Inc.
Buyer's Agent
Tina Caul
EXP Realty LLC
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%
Views
110
Current Estimated Value
$314,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,966
Avg. Annual Appreciation
-1.20%
Original Mortgage
$327,843
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Closed on
Apr 5, 2006
Sold by
County Of Cumberland
Bought by
Housing And Urban Development
Source: Public Records

Range of Values:

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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
Petty Julian Leroy $340,000 None Listed On Document
Housing And Urban Development $194,550 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petty Julian Leroy $331,147
Closed Petty Julian Leroy $327,843
Previous Owner Robinson David George $128,500
Previous Owner Robinson Teresa J $149,800
Previous Owner Robinson David G $153,000
Previous Owner Robinson David $144,890
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $340,000 -- --
11/17/2023 11/17/23 Sold $340,000 -2.9% $179 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $350,000 -- $184 / 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 $1,924 $321,070 $67,200 $253,870
2023 $1,472 $157,460 $25,000 $132,460
2022 $1,446 $157,460 $25,000 $132,460
2021 $1,462 $157,460 $25,000 $132,460
2020 $1,471 $157,460 $25,000 $132,460
2019 $1,449 $157,460 $25,000 $132,460
2018 $1,444 $157,460 $25,000 $132,460
2017 $1,680 $166,660 $25,000 $141,660
2016 $1,726 $166,660 $25,000 $141,660
2015 $1,713 $166,660 $25,000 $141,660
2014 $1,601 $166,660 $25,000 $141,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2523861

Doorify MLS

APN: 031677