$61,500
SOLD APR 1, 2025

714 Norfleet St Franklin, VA 23851

3 Beds
1 Bath
1,046 Sq Ft
5,532 Sq Ft Lot

Recently Sold

$59 Per Sq Ft

21% Below List Price

11 Days on Market

Highlights

  • No HOA
  • Entrance Foyer
  • Baseboard Heating
  • Porch
  • Bungalow
  • 5-minute walk to Clay Street Park

About This Home

As of April 2025

Potential investment opportunity! Being sold as-is fixer upper! Cash buyers only! Listing firm and sellers make no warranties as to the condition of the property.

Last Agent to Sell the Property

Latoya Adkins

Summit Realty Group LLC Listed on: 03/07/2025

Co-Listed By

Jordan Galtress

Summit Realty Group LLC

Last Buyer's Agent

Devin Lundy

Realty Source

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $913

Year Built

  • Built in 1912

Parking

  • On-Street Parking

Home Design

  • Bungalow
  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 1,046 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • S.P. Morton Elementary School
  • Joseph P. King Jr. Middle School
  • Franklin High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Porch
  • Property is zoned R2

Community Details

  • No Home Owners Association
  • All Others Area 67 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$913

Year Built

Built in 1912

Lot Details

0

Listing Details

  • HOA YN: No
  • Property Type: Residential
  • Property Sub Type: Detached
  • Property Type - Cross Property: Detached Residential
  • Style: Bungalow, Ranch
  • GarageYN: No
  • AICUZ - Crash: None
  • AICUZ - Noise: N/A
  • Master Model: No
  • Miscellaneous: Fixer Upper
  • LP/ Sq Ft: 65.96
  • Estimated Year Built: 1912
  • Address Street Name Website: Norfleet
  • Address Website: 714 Norfleet ST
  • Fence: No
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 1
  • Year Built: 1912

Interior Features

  • Flooring Type: Other
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: 1st Floor BR, Foyer, Porch
  • Appliances: Range, Refrigerator
  • Stories Number: 1.0000
  • Estimated Sq Ft: 1046

Exterior Features

  • Exterior Siding: Other
  • Fence Description: None
  • Foundation Type: Other
  • Pool: No Pool
  • Roof: Composite
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: Street

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Electric
  • Water Type: City/County
  • Cooling: Window/Wall
  • Heating: Basebd

Lot Info

  • Lot Front: 50
  • Waterfront YN: No
  • Zoning: R2

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 913

MLS Schools

  • Elementary School: S.P. Morton Elementary
  • School High School: Franklin
  • Middle School: Joseph P. King Jr. Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2025
Closed on
Apr 1, 2025
Sold by
Meraki Investments Llc
Bought by
Lloyd Shaera
Seller's Agent
Latoya Adkins
Summit Realty Group LLC
Buyer's Agent
Devin Lundy
Realty Source
List Price
$78,000
Sold Price
$61,500
Premium/Discount to List
-$16,500
-21.15%
Views
48
Current Estimated Value
$87,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,732
Avg. Annual Appreciation
55.65%
Original Mortgage
$45,500
Outstanding Balance
$44,774
Interest Rate
1.3%
Mortgage Type
New Conventional
Estimated Equity
$42,458

Purchase Details

Listed on
Mar 7, 2025
Closed on
Mar 6, 2025
Sold by
Elizabeth Building & Loan Association In
Bought by
Meraki Investments Llc
Seller's Agent
Latoya Adkins
Summit Realty Group LLC
Buyer's Agent
Devin Lundy
Realty Source
List Price
$78,000
Sold Price
$61,500
Premium/Discount to List
-$16,500
-21.15%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,500
Outstanding Balance
$44,774
Interest Rate
1.3%
Mortgage Type
New Conventional
Estimated Equity
$42,458

Purchase Details

Closed on
Jan 2, 2025
Sold by
Wimbrough Carl T
Bought by
Elizabeth Building & Loan Association Inc

Purchase Details

Closed on
Sep 7, 2021
Sold by
Mcclenny Ronald E
Bought by
Premier Property Preservations Of Va Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2019
Sold by
Goodwyn Frances H
Bought by
Mcclenny Ronald E
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 Type Sale Price Title Company
Bargain Sale Deed $61,500 First American Title
Bargain Sale Deed $40,000 Stewart Title
Trustee Deed $46,204 None Listed On Document
Trustee Deed $46,204 None Listed On Document
Warranty Deed $40,000 Stewart Title Guaranty Co
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $45,500 New Conventional
Previous Owner $40,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2025 04/01/25 Sold $61,500 -10.9% $59 / Sq Ft
03/19/2025 03/19/25 Pending -- -- --
03/17/2025 03/17/25 Price Changed $68,990 -0.7% $66 / Sq Ft
03/14/2025 03/14/25 Price Changed $69,500 -0.7% $66 / Sq Ft
03/10/2025 03/10/25 Price Changed $69,990 -10.3% $67 / Sq Ft
03/07/2025 03/07/25 For Sale $78,000 -- $75 / Sq Ft
Source: Real Estate Information Network (REIN)

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 $913 $88,600 $40,000 $48,600
2024 $456 $88,600 $40,000 $48,600
2023 $475 $46,100 $12,200 $33,900
2022 $475 $46,100 $12,200 $33,900
2021 $389 $37,800 $11,100 $26,700
2020 $261 $37,800 $11,100 $26,700
2019 $261 $26,400 $11,100 $15,300
2018 $261 $26,400 $11,100 $15,300
2017 $299 $30,200 $14,200 $16,000
2016 $299 $30,200 $14,200 $16,000
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10572742

Real Estate Information Network (REIN)

APN: 090-039-81