$149,900

5116 Nc 56 Hwy Franklinton, NC 27525

Estimated payment $974/month

Total Views 10,716
2 Beds
1 Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Hot Property
  • No HOA
  • Living Room
  • Bonus Room
  • Window Unit Cooling System
  • Bungalow

About This Home

Charming 1950s Bungalow in the Heart of Franklinton - Investor's Dream!

Welcome to this 2-bedroom, 1-bath bungalow with a bonus room, nestled on a .21-acre lot in the growing community of Franklinton, North Carolina. Built in 1950, this home is brimming with potential and character, just waiting for the right buyer to bring it back to life.

Located just minutes from local shops, restaurants, and lively community events, this property offers the perfect blend of small-town charm and convenient living. Whether you're an investor looking for your next renovation project or a buyer ready to create your dream home, this is an excellent opportunity.

With solid bones, a flexible layout, and a prime location, this bungalow is a blank canvas full of possibilities. Don't miss your chance to restore a piece of Franklinton history! No HVAC. Cash buyers only. Home is approximately 1000 square feet.

Listing Agent

Michele Wilson

The Virtual Realty Group INC License #182305

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,658

Year Built

  • Built in 1950

Lot Details

  • 9,148 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Bungalow
  • Shingle Roof
  • Asbestos

Interior Spaces

  • 1-Story Property
  • Living Room
  • Bonus Room
  • Utility Room

Kitchen

  • Electric Range
  • Range Hood

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Window Unit Cooling System
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 008762

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,658

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Year Built: 1950
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Architectural Style: Bungalow
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: No
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bonus Room: Yes
  • Room Types Primary Bedroom Level: Main
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Architectural Style Bungalow: Yes
  • Flooring Laminate: Yes
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • Cooling Window Unit(s): Yes
  • General Property Information Lot Size Square Feet2: 9148.0
  • General Property Information Lot Size Acres: 0.21
  • General Property Information Stories2: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Carpet, Laminate
  • Appliances: Electric Range, Range Hood
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 6
  • Stories: 1
  • Appliances:Range Hood: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.21
  • Construction Type: Asbestos
  • Foundation Details: Other
  • Construction Materials:Asbestos: Yes

Garage/Parking

  • Open Parking: No
  • Total Parking Spaces: 2.0
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Other
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

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

  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 008762
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1658.44
  • Tax Year: 2024
  • Tax Map Number: 20

MLS Schools

  • Elementary School: Franklin - Youngsville

Map

Range of Values:

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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

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 $1,734 $125,380 $37,800 $87,580
2023 $842 $45,330 $5,490 $39,840
2022 $828 $45,330 $5,490 $39,840
2021 $814 $45,330 $5,490 $39,840
2020 $815 $45,330 $5,490 $39,840
2019 $806 $45,330 $5,490 $39,840
2018 $801 $45,330 $5,490 $39,840
2017 $423 $20,440 $5,490 $14,950
2016 $429 $20,440 $5,490 $14,950
2015 $427 $20,440 $5,490 $14,950
2014 -- $29,830 $14,880 $14,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2025 04/12/25 For Sale $149,900 -- --
Source: Doorify MLS

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $55,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $22,000 None Available
Deed $45,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $49,500 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

Michele Wilson

The Virtual Realty Group INC

(919) 694-4837

Section Image

With 24 years in the business I bring a wealth of knowledge on local communities, current market conditions, and the home buying and selling process. I strive to provide exceptional service every step of the way, so I can provide you with a real estate experience that exceeds your expectations.

Local Expertise
You need someone who knows this area inside and out! I can work with you to find the right home at the right price for you, including all the neighborhood amenities that

Michele's Other Listings

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    • 4 Beds
    • 2 Baths
    • 1,759 Sq Ft
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    Charming 4-Bedroom Ranch in the Heart of Wake Forest - No HOA! Discover this beautifully maintained one-story brick-front ranch nestled on a private, secluded lot at the end of a quiet street. Offering four spacious bedrooms and two full baths, this home provides both comfort and convenience. Enjoy the peace and tranquility of wooded lot and a backyard with complete privacy—perfect for relaxing

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  • 7916 River Dare Ave, Youngsville, NC 27596

    $364,900 Pending

    • 3 Beds
    • 2 Baths
    • 1,571 Sq Ft
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    • Youngsville, NC

    Quiet country living all on 1 level with tons of upgrades! Offering approximately 1 acre of land, 3 bedrooms, 2 baths, master walk-in closet, large family room with gas fireplace and separate huge bonus room (23x11). Huge 30x30 heated and cooled detached workshop, featuring finished walls, 9 foot doors, wired and ready for your projects! Relax in the spacious fenced in backyard on your brick

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  • 403 Glencoe Dr, Wake Forest, NC 27587

    $272,000 Sold Oct 03, 2024

    • 3 Beds
    • 2.5 Baths
    • 1,349 Sq Ft
    • 403 Glencoe Dr
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    Location, Location, Location ! Charming end-unit townhome in a prime location. Roof and exterior vinyl siding only 5 years old. Side by side refrigerator (1.5 years old), washer and dryer convey. Window coverings convey, too. Seller installed glass shower doors in master shower, deep kitchen sink and counter tops. You'll love the convenience of being within walking distance to nearby shops &

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  • 1109 Warmoven St, Wake Forest, NC 27587

    $470,000 Sold Jun 25, 2024

    • 4 Beds
    • 2.5 Baths
    • 2,770 Sq Ft
    • 1109 Warmoven St
    • Wake Forest, NC

    One of the largest lots & most private fenced in yards in the entire subdivision with no neighbors on the left but just a beautiful wooded lot which is included with this property! Beautiful kitchen w/ granite & SS appls,double bay windows w/forest views. Hardwoods on the entire first floor, 3 bdrms & bonus or 4 bdrms. 3rd floor w/u attic for storage or can be finished for additional living

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  • 3509 Iron Sight Ct, Raleigh, NC 27616

    $300,000 Sold May 02, 2024

    • 3 Beds
    • 2 Baths
    • 1,458 Sq Ft
    • 3509 Iron Sight Ct
    • Raleigh, NC

    Charming North Raleigh home for only 300k! First floor master bedroom, spacious kitchen with granite counter tops. Two additional bedrooms on the second level. GORGEOUS wood floors on main level! Large deck overlooking the private backyard is perfect for grilling and entertaining. HVAC is approx. 2012 and Roof approx. 2008. Hot water heater 2018. New windows 2015.

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Source: Doorify MLS

MLS Number: 10089131

Doorify MLS

APN: 008762