NOT LISTED FOR SALE

401 Mitchell Ave Franklinton, NC 27525

Estimated Value: $192,000 - $261,983

3 Beds
1.5 Baths
1,566 Sq Ft
$141/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $150,000 $96 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,363/month

9 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Separate Outdoor Workshop
  • Wood Flooring
  • Fenced Yard
  • Storm Windows

About This Home

As of November 2021

Here is a great opportunity to live in a town that actually has a small town atmosphere. Downtown Franklinton is in the process of a revitalization effort. A recent rezoning request proposes a 252 acres mixed use project north of E. Green St. Franklinton is growing! Property is being sold as-is, and sellers will do no repairs. Sellers wish to sell with adjacent property MLS #2414292, and will entertain offers on both properties much more favorably. Recent survey up in MLS documents folder.

Last Agent to Sell the Property

Robert Mulder

Umstead Realty, LLC License #222287 Listed on: 10/18/2021

Last Buyer's Agent

Paige Wilson

On Point Properties NC License #306653

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,868

Year Built

  • Built in 1957

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 157' x 145.4' x 157.6' x 146.5'
  • Fenced Yard
  • Landscaped with Trees

Parking

  • 1 Car Garage
  • Workshop in Garage
  • Private Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,566 Sq Ft Home
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic
  • Storm Windows
  • Electric Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub
  • Shower Only

Outdoor Features

  • Separate Outdoor Workshop

Schools

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

Utilities

  • Whole House Fan
  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,868

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1957
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1566.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 254.0
  • General Property Information Total Unfinished Area2: 254.0
  • General Property Information Lot Size Dimensions: 157' x 145.4' x 157.6' x 146.5'
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Ranch: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Living Room2: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Here is a great opportunity to live in a town that actually has a small town atmosphere. Downtown Franklinton is in the process of a revitalization effort. A recent rezoning request proposes a 252 acres mixed use project north of E. Green St. Franklinton is growing! Property is being sold as-is, and sellers will do no repairs. Sellers wish to sell with adjacent property MLS #2414292, and will entertain offers on both properties much more favorably. Recent survey up in MLS documents folder.
  • Other Structures Workshop: Yes
  • General Property Information Above Grade Finished Area: 1566.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 22956.12
  • Cooling:Whole House Fan: Yes
  • General Property Information Lot Size Acres: 0.527
  • General Property Information:Living Area3: 1566.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Interior Amenities: Bathtub Only, Primary Downstairs, Shower Only
  • Basement: Crawl Space
  • Appliances: Electric Range, Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Interior Features:Primary Downstairs: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Living Room: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard
  • Acres: 0.53
  • Construction Type: Brick
  • Exterior Features:Fenced - Yard: Yes
  • Construction Materials:Brick: Yes
  • Window Features:Storm Window(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Concrete, Driveway, Workshop in Garage
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Workshop in Garage: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Central Air, Whole House Fan
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Dimensions: 157' x 145.4' x 157.6' x 146.5'
  • Lot Size Sq Ft: 22956.12
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1868.0

MLS Schools

  • Elementary School: Franklin - Franklinton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2025
Sold by
Mjc Properties Llc
Bought by
Pedersen Laura
Current Estimated Value
$220,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Outstanding Balance
$62,897
Interest Rate
6.85%
Mortgage Type
Construction
Estimated Equity
$157,599

Purchase Details

Closed on
May 25, 2021
Sold by
Ball Cynthia J and Aspnes David E
Bought by
Ball Cynthia J and Aspnes David E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pedersen Laura $150,000 None Listed On Document
Pedersen Laura $150,000 None Listed On Document
Ball Cynthia J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pedersen Laura $148,000
Closed Pedersen Laura $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $150,000 -- --
11/12/2021 11/12/21 Sold $150,000 -11.7% $96 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
10/18/2021 10/18/21 For Sale $169,900 -- $108 / 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
2025 $2,448 $182,650 $48,460 $134,190
2024 $2,703 $200,270 $66,080 $134,190
2023 $2,101 $123,300 $21,690 $101,610
2022 $2,154 $123,300 $21,690 $101,610
2021 $2,151 $123,300 $21,690 $101,610
2020 $2,153 $123,300 $21,690 $101,610
2019 $2,199 $123,300 $21,690 $101,610
2018 $2,194 $123,300 $21,690 $101,610
2017 $1,633 $82,390 $20,660 $61,730
2016 $1,662 $82,390 $20,660 $61,730
2015 $1,569 $82,390 $20,660 $61,730
2014 $1,490 $82,390 $20,660 $61,730
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Robert Mulder

    Umstead Realty, LLC

    (919) 215-1448

    2 in this area

    25 Total Sales

    Robert Mulder
    Section Image
  • Paige Wilson

    Buyer's Agent in 2021

    Paige Wilson

    On Point Properties NC

    (919) 801-0101

    11 in this area

    78 Total Sales

    Paige Wilson
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2414278

Doorify MLS

APN: 007160

North Carolina Franklin County Franklinton 27525

401 Mitchell Ave, Franklinton, NC

Not Listed for Sale

Detached

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