412 N Cheatham St Franklinton, NC 27525
Estimated payment $2,445/month
Total Views
5,138
3
Beds
2
Baths
2,240
Sq Ft
$167
Price per Sq Ft
Highlights
- Wood Burning Stove
- Wood Flooring
- No HOA
- Orchard
- Bonus Room
- Neighborhood Views
About This Home
Unique 1.1-acre opportunity in revitalized downtown Franklinton with dual street access from N Cheatham and Pine Street. The town has indicated that two homes could be built on the back portion of the lot, depending on size and design, making this a prime investment or redevelopment site. The existing home offers flexible use with two bedrooms, one full bath, a vintage kitchen, and 20x27 bonus room that adds substantial square footage and could serve as a large living space, home office, or entertainment room. Plus, a private mother-in-law suite with its own entrance, driveway, kitchen, bath, laundry, and dedicated mini-split system. The lot includes a detached garage, three outbuildings, and multiple mature trees, raised garden bed, and lush landscaping in bloom—just blocks from Franklinton's thriving downtown scene. Easy access to US-1, NC-56, and commuter routes to Raleigh, Wake Forest, and RTP. Live, rent, build, or hold—this property delivers options.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,221
Year Built
- Built in 1954 | Remodeled
Lot Details
- 1.1 Acre Lot
- Native Plants
- Lot Sloped Down
- Orchard
- Many Trees
- Garden
- Back and Front Yard
- May Be Possible The Lot Can Be Split Into 2+ Parcels
Parking
- 2 Car Direct Access Garage
- Parking Pad
- Heated Garage
- Workshop in Garage
- Lighted Parking
- Front Facing Garage
- Garage Door Opener
- Private Driveway
- Additional Parking
Home Design
- Brick Veneer
- Slab Foundation
- Frame Construction
- Blown-In Insulation
- Batts Insulation
- Architectural Shingle Roof
- HardiePlank Type
- Cedar
Interior Spaces
- 2,240 Sq Ft Home
- 1-Story Property
- Crown Molding
- Ceiling Fan
- Wood Burning Stove
- Ventless Fireplace
- Fireplace Features Blower Fan
- Gas Log Fireplace
- Double Pane Windows
- Awning
- ENERGY STAR Qualified Windows
- Blinds
- French Doors
- ENERGY STAR Qualified Doors
- Great Room with Fireplace
- Family Room
- Combination Dining and Living Room
- Bonus Room
- Neighborhood Views
Kitchen
- Electric Oven
- Built-In Range
- Plumbed For Ice Maker
- Laminate Countertops
Flooring
- Wood
- Carpet
- Luxury Vinyl Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Mirrored Closets Doors
- In-Law or Guest Suite
- 2 Full Bathrooms
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry in multiple locations
- Laundry in Kitchen
- Stacked Washer and Dryer
Attic
- Pull Down Stairs to Attic
- Unfinished Attic
Basement
- Dirt Floor
- Crawl Space
- Basement Storage
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Patio
- Fire Pit
- Exterior Lighting
- Separate Outdoor Workshop
- Pergola
- Outdoor Storage
- Rain Gutters
- Front Porch
Schools
- Franklinton Elementary And Middle School
- Franklinton High School
Utilities
- Cooling System Powered By Gas
- Ductless Heating Or Cooling System
- ENERGY STAR Qualified Air Conditioning
- Multiple cooling system units
- Central Air
- Heating System Uses Natural Gas
- Heat Pump System
- Vented Exhaust Fan
- Underground Utilities
- Natural Gas Connected
- Gas Water Heater
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 009105
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 |
|---|---|---|---|---|
| 2024 | $4,421 | $332,860 | $81,580 | $251,280 |
| 2023 | $2,655 | $157,560 | $31,860 | $125,700 |
| 2022 | $2,629 | $157,560 | $31,860 | $125,700 |
| 2021 | $2,582 | $157,560 | $31,860 | $125,700 |
| 2020 | $2,555 | $155,640 | $31,860 | $123,780 |
| 2019 | $2,548 | $155,640 | $31,860 | $123,780 |
| 2018 | $2,543 | $155,640 | $31,860 | $123,780 |
| 2017 | $2,672 | $154,610 | $28,960 | $125,650 |
| 2016 | $1,814 | $101,580 | $28,960 | $72,620 |
| 2015 | $1,807 | $101,580 | $28,960 | $72,620 |
| 2014 | $1,729 | $101,580 | $28,960 | $72,620 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/16/2025 04/16/25 | Price Changed | $375,000 | -4.3% | $167 / Sq Ft |
| 03/28/2025 03/28/25 | Price Changed | $392,000 | -6.2% | $175 / Sq Ft |
| 03/21/2025 03/21/25 | For Sale | $418,000 | -- | $187 / Sq Ft |
Source: Doorify MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $88,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $170,500 | Loan Amount Between One & Nine Billion | |
| Closed | $40,000 | Credit Line Revolving | |
| Closed | $108,000 | New Conventional | |
| Closed | $25,000 | Credit Line Revolving | |
| Closed | $70,000 | Unknown | |
| Closed | $15,500 | Unknown | |
| Closed | $17,600 | Future Advance Clause Open End Mortgage |
Source: Public Records
Similar Homes in Franklinton, NC
-
$299,999
- 3 Beds
- 2 Baths
- 1,204 Sq Ft
- 204 Bullock St
- Franklinton, NC
Better than new! Completely remodeled and upgraded in 2023. Exterior, foundation, interior, everything new. 3 bedrooms, 2 bathrooms, large ample living area and kitchen. Side entrance from carport and rear entrance from deck with nice big back yard. Corner lot with front driveway into carport which can exit to the back and side of property effectively converting it into a circular driveway.
Manny Gorrin Silver Dollar Property Management LLC
Source: Doorify MLS
MLS Number: 10083186
APN: 009105
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