NOT LISTED FOR SALE

552 Tom Wright Rd Franklinton, NC 27525

Estimated Value: $612,000 - $880,000

4 Beds
3.5 Baths
3,548 Sq Ft
$216/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $740,000 $209 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,351/month

33 Days on Market

Highlights

  • In Ground Pool
  • Craftsman Architecture
  • Wooded Lot
  • 18 Acre Lot
  • Deck
  • Wood Flooring

About This Home

As of June 2023

Looking for a private Oasis on 18 Acres, you have found it! Nestled off the main road located on a hill with beautiful hardwood trees. Located just 10 minutes from downtown Franklinton with easy access to Capital, Wake Forest & Durham. This area is very up and coming! Enjoy the salt water pool with water slide, exterior building can be used for workshop, 3rd car garage with upstairs unfinished studio including two balconies! This home has an updated kitchen with gas cook top, huge island with fantastic storage and pot holders, eat in kitchen, and great open feel to family room. There is a formal dining room and front study as well as an upstairs shared study between bedrooms. Home features a front staircase as well as a side staircase leading to the huge bonus room. The main floor owners suite is private and has access to the backyard deck. This home is priced to sell, and includes washer/dryer and refrigerator. The outdoor space has fantastic appeal, with a cut trail on the side of property for a gator or ATV. This home does not have an HOA. Animals allowed! Shed at back would make great chicken coop!

Last Agent to Sell the Property

Jaycee Georgiev

HomeTowne Realty License #297361 Listed on: 03/29/2023

HomeTowne Realty

Last Buyer's Agent

Carlene Nace

Anchored Realty Services LLC License #277053

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,608

Year Built

  • Built in 1996

Lot Details

  • 18 Acre Lot
  • Lot Dimensions are 7.06'x984'x149'x206'x1185'
  • Property fronts a private road
  • Cleared Lot
  • Wooded Lot
  • Landscaped with Trees
  • Property is zoned FCO R-30

Parking

  • 3 Car Garage
  • Workshop in Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Brick or Stone Mason
  • Wood Siding
  • Stone

Interior Spaces

  • 3,548 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Workshop
  • Storage
  • Utility Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Porch

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Heather Woods Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,608

Year Built

Built in 1996

Lot Details

0

Parking

3

Listing Details

  • Year Built: 1996
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Unimproved
  • Subdivision Name: Heather Woods
  • Above Grade Finished Sq Ft: 3548.0
  • Architectural Style: Craftsman
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 179.0
  • General Property Information Total Unfinished Area2: 179.0
  • General Property Information Lot Size Dimensions: 7.06'x984'x149'x206'x1185'
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Lot Features Partially Cleared: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Den2: Yes
  • Room Types Dining Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Looking for a private Oasis on 18 Acres, you have found it! Nestled off the main road located on a hill with beautiful hardwood trees. Located just 10 minutes from downtown Franklinton with easy access to Capital, Wake Forest & Durham. This area is very up and coming! Enjoy the salt water pool with water slide, exterior building can be used for workshop, 3rd car garage with upstairs unfinished studio including two balconies! This is a must see!
  • Architectural Style Craftsman: Yes
  • Other Structures Workshop: Yes
  • Room Types Workshop2: Yes
  • Interior Features Room Over Garage: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private4: Yes
  • Pool Features Salt Water: Yes
  • General Property Information Above Grade Finished Area: 3548.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 784080.0
  • General Property Information Lot Size Acres: 18.0
  • General Property Information:Living Area3: 3548.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, Entrance Foyer, Granite Counters, Primary Downstairs, Room Over Garage, Soaking Tub, Storage, Walk-In Closet(s)
  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Gas Range, Microwave, Range Hood, Refrigerator, Wall Oven, Washer
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Central Vacuum: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 18.0
  • Home Warranty: Yes
  • Construction Type: Stone, Wood Siding
  • Patio And Porch Features: Deck, Porch
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Detached, Garage, Garage Door Opener, Garage Faces Side, Workshop in Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Garage Faces Side: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Workshop in Garage: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Heating: Electric, Zoned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Zoned2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Zoning: FCO R-30
  • Lot Dimensions: 7.06'x984'x149'x206'x1185'
  • Lot Size Sq Ft: 784080.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3608.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Franklin - Franklinton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
Jun 20, 2023
Sold by
Veech Jason Stephen and Veech Saralyn Jones
Bought by
Ferree Jon R and Sheen Erin
Seller's Agent
Jaycee Georgiev
HomeTowne Realty
Buyer's Agent
Carlene Nace
Anchored Realty Services LLC
List Price
$800,000
Sold Price
$740,000
Premium/Discount to List
-$60,000
-7.5%
Views
119
Current Estimated Value
$764,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,686
Avg. Annual Appreciation
1.32%
Original Mortgage
$600,000
Outstanding Balance
$537,011
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$227,675

Purchase Details

Closed on
Dec 30, 2021
Sold by
Black John and Black Lisa
Bought by
Veech Jason Sephen and Veech Saralyn Jones

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,200
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2012
Sold by
Smith Michelle Ann and Smith Jimmy W
Bought by
Vanderbilt Mortgage & Finance Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2002
Bought by
Black John and Black Carson Lisa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ferree Jon R $740,000 None Listed On Document
Veech Jason Sephen $750,000 None Listed On Document
Vanderbilt Mortgage & Finance Inc $60,500 None Available
Black John $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferree Jon R $600,000
Previous Owner Veech Jason Sephen $647,200
Previous Owner Vanderbilt Mortgage & Finance Inc $262,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $740,000 -- --
06/26/2023 06/26/23 Sold $740,000 -2.6% $209 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
04/26/2023 04/26/23 Price Changed $760,000 -3.8% $214 / Sq Ft
04/12/2023 04/12/23 Price Changed $790,000 +1.3% $223 / Sq Ft
04/12/2023 04/12/23 Price Changed $780,000 -2.5% $220 / Sq Ft
03/31/2023 03/31/23 For Sale $800,000 -- $225 / 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 $4,129 $705,050 $94,020 $611,030
2024 $4,094 $705,050 $94,020 $611,030
2023 $3,659 $410,280 $76,090 $334,190
2022 $3,608 $410,280 $76,090 $334,190
2021 $3,229 $361,690 $76,090 $285,600
2020 $3,249 $361,690 $76,090 $285,600
2019 $3,212 $361,690 $76,090 $285,600
2018 $3,207 $361,690 $76,090 $285,600
2017 $3,262 $331,380 $73,420 $257,960
2016 $3,352 $331,380 $73,420 $257,960
2015 $3,328 $331,380 $73,420 $257,960
2014 $3,129 $331,380 $73,420 $257,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2502264

Doorify MLS

APN: 010415