NOT LISTED FOR SALE

55 Cole Creek Way Franklinton, NC 27525

Estimated Value: $474,000 - $558,977

3 Beds
2.5 Baths
2,483 Sq Ft
$215/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $582,000 $234 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,091/month

5 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Screened Porch
  • Ranch Style House
  • 1 Fireplace
  • Home Office

About This Home

As of August 2022

Gorgeous all brink Ranch home nestle on .9 Acre lot! Living room has pre-wired Surround Sound. Master En Suite feature awesome waterfall shower and huge WIC. Kitchen features Oven/Micro combo, Cast Iron sink, Induction cooktop SS appliances, large island and bar for tons of prep and storage space. Gleaming hardwoods in main living space. Great office/study perfect for WFH. Walk-up unfinished attack space has half bath roughed in. Amazing screened porch leading to spacious deck perfect for entertaining.

Last Agent to Sell the Property

Jordan Clark

Keller Williams Realty Listed on: 05/11/2022

Last Buyer's Agent

Sam Calvert

Northside Realty Inc. License #270819

Northside Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,152

Year Built

  • Built in 2012

Lot Details

  • 0.93

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Private Driveway

Home Design

  • Ranch Style House
  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,483 Sq Ft Home
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Home Office
  • Screened Porch
  • Utility Room
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Long Mill Elementary School
  • Franklinton Middle School
  • Franklinton High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Deck
  • 0.93 Acre Lot

Community Details

  • Cole Creek HOA
  • Cole Creek Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,152

Year Built

Built in 2012

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Year Built: 2012
  • Prop. Type: Residential
  • Subdivision Name: Cole Creek
  • Above Grade Finished Sq Ft: 2483.0
  • Architectural Style: Ranch, Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 955.0
  • General Property Information Total Unfinished Area2: 955.0
  • General Property Information Lot Size Dimensions: Needs Survey
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Ranch: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Above Grade Finished Area: 2483.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 40510.8
  • General Property Information Lot Size Acres: 0.93
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Entrance Foyer
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Features:Entrance Foyer: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.93
  • Construction Type: Brick
  • Patio And Porch Features: Deck, Porch, Screened
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, Garage
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 100.0
  • Association Fee Frequency: Annually
  • Association Name: Cole Creek HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Cole Creek HOA
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 100.0
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Dimensions: Needs Survey
  • Lot Size Sq Ft: 40510.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3152.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Franklin - Long Mill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2022
Closed on
Aug 31, 2022
Sold by
Ellison Jr Owen D and Ellison Lisa
Bought by
Parker Roy Allan and Parker Charla Moore
Seller's Agent
Jordan Clark
Keller Williams Realty
Buyer's Agent
Sam Calvert
Northside Realty Inc.
List Price
$525,000
Sold Price
$582,000
Premium/Discount to List
$57,000
10.86%
Current Estimated Value
$533,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,756
Avg. Annual Appreciation
-2.77%
Original Mortgage
$552,900
Outstanding Balance
$529,435
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$3,809

Purchase Details

Closed on
May 4, 2012
Sold by
Fidelis Construction Inc
Bought by
Ellison Owen D and Ellison Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,283
Interest Rate
4.13%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Parker Roy Allan $582,000 Gwynn Edwards & Getter Pa
Ellison Owen D $315,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Roy Allan $552,900
Previous Owner Ellison Owen D $322,283
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $582,000 -- --
08/31/2022 08/31/22 Sold $582,000 +10.9% $234 / Sq Ft
05/30/2022 05/30/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $525,000 -- $211 / 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 $3,032 $492,610 $88,000 $404,610
2023 $3,112 $340,910 $49,500 $291,410
2022 $3,138 $344,940 $49,500 $295,440
2021 $3,153 $344,940 $49,500 $295,440
2020 $3,172 $344,940 $49,500 $295,440
2019 $3,162 $344,940 $49,500 $295,440
2018 $3,140 $344,940 $49,500 $295,440
2017 $3,112 $310,980 $30,150 $280,830
2016 $3,221 $310,980 $30,150 $280,830
2015 $3,221 $310,980 $30,150 $280,830
2014 $2,838 $310,980 $30,150 $280,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2448425

Doorify MLS

APN: 039850