NOT LISTED FOR SALE

503 S 5th St Smithfield, NC 27577

Estimated Value: $250,000 - $276,471

3 Beds
2 Baths
1,486 Sq Ft
$175/Sq Ft Est. Value

Last Sold March 20, 2024

Last sale price $260,000 $175 Per Sq Ft

Current estimated payment $1,571/month

111 Days on Market

Highlights

  • The property is located in a historic district
  • Ranch Style House
  • Granite Countertops
  • Deck
  • High Ceiling
  • No HOA

About This Home

As of March 2024

Charming home located in the desired Historic Downtown Brooklyn Neighborhood of Smithfield. This home features a large covered front porch with ceiling fans, high ceilings, granite countertops with stainless steel appliances. New electrical and plumbing throughout. Many updates and upgrades throughout the home while continuing to keep some of the original homes charm. Gravel drive with a private backyard gives way to much privacy and entertaining. Located in downtown Smithfield walking distance to dining, shopping, movies, and entertainment.

Last Agent to Sell the Property

Susan Allen

Coldwell Banker Advantage-Smit License #252149 Listed on: 10/25/2023

Coldwell Banker Advantage-Smit

Last Buyer's Agent

Susan Allen

Coldwell Banker Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,246

Year Built

  • Built in 1930

Lot Details

  • 7,841 Sq Ft Lot
  • Landscaped
  • Property is zoned R-10

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • 1,486 Sq Ft Home
  • Smooth Ceilings
  • High Ceiling
  • Entrance Foyer
  • Living Room with Fireplace
  • Breakfast Room
  • Utility Room
  • Attic Fan

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops
  • Tile Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer Hookup

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 6 Car Garage
  • Side Facing Garage
  • Gravel Driveway
  • 6 Open Parking Spaces

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • S Smithfield Elementary School
  • Smithfield Middle School
  • Smithfield Selma High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Handicap Accessible
  • The property is located in a historic district

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 15-036-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,246

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Year Built: 1930
  • Prop. Type: Residential
  • Road Frontage Type: Other
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1486.0
  • Architectural Style: Ranch, Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Above Grade Unfinished Area: 382.0
  • General Property Information Total Unfinished Area2: 382.0
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Ranch: Yes
  • Cooling Attic Fan: Yes
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Main
  • Flooring Vinyl: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Charming home located in the desired Historic Downtown Brooklyn Neighborhood of Smithfield. This home features a large covered front porch with ceiling fans, high ceilings, granite countertops with stainless steel appliances. New electrical and plumbing throughout. Located in downtown Smithfield walking distance to dining, shopping, movies, and entertainment.
  • General Property Information Senior Community YN: No
  • Community Features Historical Area: Yes
  • Foundation Details BrickMortar: Yes
  • General Property Information Enhanced Accessible2: Yes
  • Room Types Entrance Hall: Yes
  • General Property Information Above Grade Finished Area: 1486.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 7840.8
  • General Property Information Lot Size Acres: 0.18
  • General Property Information:Living Area3: 1486.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Entrance Foyer, Granite Counters, High Ceilings, Pantry, Primary Downstairs, Smooth Ceilings, Tile Counters, Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Refrigerator, Self Cleaning Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Tile Counters: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.18
  • Construction Type: Vinyl Siding
  • Foundation Details: Brick/Mortar
  • 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
  • Patio And Porch Features:Deck2: Yes
  • Door Features:Storm Door(s): Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
  • Parking Features: Driveway, Garage Faces Side, Gravel
  • Total Parking Spaces: 6.0
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Information:Parking Total: 6.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 6.0

Utilities

  • Heating: Electric, Forced Air, Heat Pump, Natural Gas
  • Cooling: Attic Fan, Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Community Features: Historical Area
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Johnston - Smithfield Selma
  • Middle Or Junior School: Johnston - Smithfield

Lot Info

  • Zoning: R-10
  • Lot Dimensions: 0
  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 15-036-018

Tax Info

  • Tax Annual Amount: 1246.0
  • Tax Year: 2023
  • Tax Map Number: 15036018/06032/0832

MLS Schools

  • Elementary School: Johnston - S Smithfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2023
Closed on
Mar 19, 2024
Sold by
Johnson Michael E and Johnson Crystal A
Bought by
Aulenbach Jill Mckenna
Seller's Agent
Susan Allen
Coldwell Banker Advantage-Smit
Buyer's Agent
Susan Allen
Coldwell Banker Advantage-Smit
List Price
$339,000
Sold Price
$260,000
Premium/Discount to List
-$79,000
-23.3%
Views
88
Current Estimated Value
$259,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$132
Avg. Annual Appreciation
-0.03%
Original Mortgage
$250,705
Outstanding Balance
$246,543
Interest Rate
6.64%
Mortgage Type
VA
Estimated Equity
$13,325

Purchase Details

Closed on
Aug 30, 2021
Sold by
Avs Investments Llc
Bought by
Johnson Michael E and Johnson Crystal A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2019
Sold by
Hamilton Paula Buie
Bought by
Avs Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
4.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 13, 2015
Sold by
Buie Realty And Insurance Company Inc
Bought by
Hamilton Paula B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Aulenbach Jill Mckenna $260,000 None Listed On Document
Aulenbach Jill Mckenna $260,000 None Listed On Document
Johnson Michael E $100,000 None Available
Avs Investments Llc $106,000 None Available
Hamilton Paula B $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aulenbach Jill Mckenna $250,705
Closed Aulenbach Jill Mckenna $250,705
Previous Owner Johnson Michael E $100,000
Previous Owner Avs Investments Llc $103,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2024 03/20/24 Sold $260,000 -12.8% $175 / Sq Ft
02/13/2024 02/13/24 Pending -- -- --
02/02/2024 02/02/24 Price Changed $298,000 -5.4% $201 / Sq Ft
01/22/2024 01/22/24 Price Changed $315,000 -7.1% $212 / Sq Ft
01/04/2024 01/04/24 Price Changed $339,000 0.0% $228 / Sq Ft
01/04/2024 01/04/24 For Sale $339,000 -2.9% $228 / Sq Ft
12/16/2023 12/16/23 Off Market $349,000 -- --
11/16/2023 11/16/23 Price Changed $349,000 -1.4% $235 / Sq Ft
10/25/2023 10/25/23 For Sale $354,000 -- $238 / 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 $2,554 $263,270 $70,000 $193,270
2024 $1,227 $98,930 $45,000 $53,930
2023 $1,247 $98,930 $45,000 $53,930
2022 $1,286 $98,930 $45,000 $53,930
2021 $905 $69,620 $45,000 $24,620
2020 $926 $69,620 $45,000 $24,620
2019 $926 $69,620 $45,000 $24,620
2018 $0 $47,870 $25,000 $22,870
2017 $646 $47,870 $25,000 $22,870
2016 $646 $47,870 $25,000 $22,870
2014 $981 $72,670 $25,000 $47,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2538920

Doorify MLS

APN: 15036018