$360,000
SOLD AUG 7, 2025

7040 Franklin Rd Lewisville, NC 27023

2 Beds
1.5 Baths
1,843 Sq Ft
2.71 Acres

Recently Sold

$195 Per Sq Ft

4% Below List Price

13 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Porch
  • Lewisville Elementary School Rated A
  • No HOA
  • 1 Car Attached Garage

About This Home

As of August 2025

This great home on a HUGE lot in Lewisville is ready for a new owner! Privacy and 'elbow room' on 2.7 acres! Home features newly refinished oak floors, a fresh coat of paint and updated baths. Large kitchen with island and tons of cabinet space. Spacious living room has tons of natural light and a fireplace. Office space for work from home. Extended living space and unfinished storage in the full basement. Low maintenance metal roof and energy efficient vinyl replacement windows. Enjoy the view of your park-like back yard from the deck! Outbuilding in the back has room for a nice shop, and plenty of covered storage for extra vehicles and toys.

Last Agent to Sell the Property

Neil Hagwood

Realty One Group Results License #276462 Listed on: 06/19/2025

Realty One Group Results

Last Buyer's Agent

Judit Lewis

Lewis Realty Group, LLC License #301100

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,970

Year Built

  • Built in 1960

Lot Details

  • 2.71 Acre Lot
  • Partially Fenced Property
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Property is zoned RS20

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Stone

Interior Spaces

  • 1,843 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Living Room with Fireplace
  • Attic
  • Partially Finished Basement

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5886521598
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,970

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 2.71
  • Subdivision Name: None
  • Directions: Hwy 421 to Lewisville exit. North on Williams Rd to traffic circle. 2nd right off of traffic circle onto Shallowford Rd. then 9/10 mile to left on Lewisville Vienna Rd. Then 1.3 miles to left on Franklin. 1st driveway on left.
  • Above Grade Finished Sq Ft: 1620
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1960
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_LandDescription: Clear, Partially Fenced, Rolling
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Free-Standing Range, Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry
  • Has Basement: Partially Finished, Basement
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 223
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1843
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Exterior Features: Garden
  • Fencing: Fenced, Partial
  • Lot Features: City Lot, Cleared, Rolling Slope
  • Pool Features: None
  • Construction Type: Brick, Stone
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Garage, Paved, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Oil
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Oil
  • Water Heater: Electric
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 5886521598
  • Zoning: RS20
  • TRIADMLS_PricePerAcre: 132841.3284
  • TRIADMLS_DeedPage: 1498
  • TRIADMLS_DeedBook: 1613

Tax Info

  • Tax Annual Amount: 1970.48
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 0.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2025
Closed on
Aug 4, 2025
Sold by
Sealey Douglas N and Sealey Wilma B
Bought by
Diaz Eric and Diaz Elilia
Seller's Agent
Neil Hagwood
Realty One Group Results
Buyer's Agent
Judit Lewis
Lewis Realty Group, LLC
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%
Views
91

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.75%
Original Mortgage
$288,000
Outstanding Balance
$288,000
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$85,275

Purchase Details

Closed on
Jun 10, 1987
Bought by
Sealey and Sealey
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $360,000 Chicago Title
Warranty Deed $360,000 Chicago Title
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $288,000 New Conventional
Closed $288,000 New Conventional
Previous Owner $311,400 Credit Line Revolving
Previous Owner $75,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 Sold $360,000 -4.0% $195 / Sq Ft
07/02/2025 07/02/25 Pending -- -- --
06/19/2025 06/19/25 For Sale $375,000 -- $203 / Sq Ft
Source: Triad 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 $1,881 $199,300 $64,600 $134,700
2023 $1,881 $199,300 $64,600 $134,700
2022 $1,881 $199,300 $64,600 $134,700
2021 $1,871 $199,300 $64,600 $134,700
2020 $1,708 $169,500 $49,400 $120,100
2019 $1,725 $169,500 $49,400 $120,100
2018 $1,668 $169,500 $49,400 $120,100
2016 $1,488 $150,572 $46,170 $104,402
2015 $1,540 $150,572 $46,170 $104,402
2014 $1,540 $150,572 $46,170 $104,402
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1184908

Triad MLS

APN: 5886-52-1598