514 S 5th St Smithfield, NC 27577
Estimated payment $2,553/month
Total Views
42,555
5
Beds
3
Baths
3,349
Sq Ft
$124
Price per Sq Ft
Highlights
- Very Popular Property
- High Ceiling
- French Doors
- Deck
- No HOA
- Handicap Accessible
About This Home
Price improvement!
Opportunity Awaits in Downtown Smithfield! - Restore the Charm of This 1924 Classic Step into the potential of this 1924 home located just minutes from the heart of downtown Smithfield. With over 3,300 square feet, 5 bedrooms, and 3 full bathrooms, this property offers a rare opportunity to reimagine a historic home to fit your vision.
Situated on a corner lot, the home features a flexible floor plan with a primary suite on the main level, multiple living spaces, and a spacious kitchen with adjoining dining area. Upstairs, you'll find four additional bedrooms with a connected layout, offering unique possibilities for redesign or creative use.
Over the years, updates have been made that may not reflect the home's original character, presenting an excellent opportunity for a buyer to restore and customize to their own style. Whether you're looking to bring back its historic charm, create a multi-generational living space, or explore investment potential, this property offers the square footage and location to make it happen.
Additional features include an unfinished basement for storage or future use, multiple entrances, and a walkable location near downtown shops, dining, and local amenities.
With strong growth in the Smithfield area and convenient access to Clayton and Raleigh, this property is ideally positioned for those seeking space, character, and long-term upside.
Bring your vision and unlock the potential of this one-of-a-kind home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,249
Year Built
- Built in 1924
Lot Details
- 11,326 Sq Ft Lot
- Back Yard Fenced
Home Design
- Bungalow
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 3,349 Sq Ft Home
- 1-Story Property
- High Ceiling
- Ceiling Fan
- French Doors
- Scuttle Attic Hole
- Washer and Dryer
Kitchen
- Gas Range
- Dishwasher
Flooring
- Luxury Vinyl Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Sump Pump
- Block Basement Construction
- Basement Storage
Parking
- 6 Parking Spaces
- Driveway
- On-Street Parking
- 4 Open Parking Spaces
Schools
- S Smithfield Elementary School
- Smithfield Middle School
- Smithfield Selma High School
Utilities
- Central Air
- Heating System Uses Gas
- Heating System Uses Natural Gas
- Gas Water Heater
Additional Features
- Handicap Accessible
- Deck
Community Details
- No Home Owners Association
Listing and Financial Details
- Home warranty included in the sale of the property
- Assessor Parcel Number 15035031
3D Interior and Exterior Tours
Floorplans
Map
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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 | $4,249 | $438,000 | $70,000 | $368,000 |
| 2024 | $3,513 | $283,320 | $45,000 | $238,320 |
| 2023 | $3,570 | $283,320 | $45,000 | $238,320 |
| 2022 | $3,683 | $283,320 | $45,000 | $238,320 |
| 2021 | $2,136 | $164,310 | $45,000 | $119,310 |
| 2020 | $2,185 | $164,310 | $45,000 | $119,310 |
| 2019 | $2,185 | $164,310 | $45,000 | $119,310 |
| 2018 | $2,122 | $157,200 | $46,580 | $110,620 |
| 2017 | $2,122 | $157,200 | $46,580 | $110,620 |
| 2016 | $2,122 | $157,200 | $46,580 | $110,620 |
| 2015 | $2,122 | $157,200 | $46,580 | $110,620 |
| 2014 | $2,122 | $157,200 | $46,580 | $110,620 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/07/2026 04/07/26 | Price Changed | $414,900 | -4.6% | $124 / Sq Ft | |
| 03/31/2026 03/31/26 | Price Changed | $434,900 | -3.3% | $130 / Sq Ft | |
| 03/24/2026 03/24/26 | Price Changed | $449,900 | -4.3% | $134 / Sq Ft | |
| 03/07/2026 03/07/26 | For Sale | $469,900 | +59.3% | $140 / Sq Ft | |
| 12/14/2023 12/14/23 | Off Market | $295,000 | -- | -- | |
| 07/06/2021 07/06/21 | Sold | $295,000 | 0.0% | $90 / Sq Ft | View Prior Sale |
| 05/20/2021 05/20/21 | Pending | -- | -- | -- | |
| 05/15/2021 05/15/21 | For Sale | $295,000 | 0.0% | $90 / Sq Ft | |
| 05/05/2021 05/05/21 | Pending | -- | -- | -- | |
| 04/30/2021 04/30/21 | For Sale | $295,000 | -- | $90 / Sq Ft |
Source: Doorify MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $450,000 | None Listed On Document | |
| Warranty Deed | $295,000 | None Available | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $341,600 | New Conventional | |
| Previous Owner | $300,162 | New Conventional |
Source: Public Records
About the Listing Agent
George White is a seasoned Real Estate Professional for the Raleigh/Triangle and surrounding areas. His career in real estate began over three decades ago and for most of that period was also a certified real estate appraiser. The combined expertise of a Realtor and an Appraiser gave George a competitive edge. In 1983, George decided he wanted to branch out and start his own real estate company – George White Realty was born and the “By George!” and iconic red-roofed house logo became a staple
George's Other Listings
Source: Doorify MLS
MLS Number: 10145927
APN: 15035031
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Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.
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