Sold for $40,000

$40,000

109 S Franklin St, Reidsville, NC 27320

3beds

2,150sqft

Stick/Site Built, Residential, Single Family Residence

Built in 1878

0.22 Acres Lot

$-- Zestimate^®

$--/sqft

$1,731 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,731/mo

Zestimate^® history

Owner options

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$1,731/mo

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$193/mo

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$193/mo

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What's special

FIRE SALE! Tremendous opportunity with this home to finish it out as your heart desires. This home has endured a fire and NEEDS WORK and is presently NOT HABITABLE. The first level is not fire-damaged but needs considerable work and upper level is stripped to studs. Fire-damaged materials have been removed from the premises but roof covering is not presently fully intact. Referenced square footage is for size purposes only and requires finishing to make it into livable area. No HVAC, no plumbing fixtures, no lights. Has tons of potential - move-in ready comps are well over $245,000. CASH & CONSTRUCTION LOANS ONLY. SOLD AS-IS.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 1

Heating

None, No Fuel

Cooling

None

Features

Great Room, Dead Bolt(s)
Flooring: Vinyl, Wood
Basement: Crawl Space
Number of fireplaces: 1
Fireplace features: Great Room

Interior area

Total structure area: 2,150
Total interior livable area: 2,150 sqft
Finished area above ground: 2,150

Property

Parking

Parking features: Gravel, No Garage

Features

Levels: Two
Stories: 2
Patio & porch: Porch
Exterior features: Balcony, Garden
Pool features: None
Fencing: None

Lot

Size: 0.22 Acres
Features: City Lot, Near Public Transit, Cleared, Not in Flood Zone

Details

Parcel number: 154626
Zoning: R6RD
Special conditions: Owner Sale

Construction

Type & style

Home type: SingleFamily
Property subtype: Stick/Site Built, Residential, Single Family Residence

Materials

Wood Siding

Condition

Year built: 1878

Utilities & green energy

Sewer: Public Sewer
Water: Public

Green energy

Energy efficient items: None

Community & HOA

HOA

Has HOA: No

Location

Region: Reidsville

Financial & listing details

Tax assessed value: $30,740
Annual tax amount: $441
Date on market: 9/18/2023
Cumulative days on market: 7 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Other

Price history

Date	Event	Price
10/11/2023	Sold	$40,000-19.8%
Source: Triad MLS #1119799 Report a problem
9/25/2023	Pending sale	$49,900
Source: Triad MLS #1119799 Report a problem
9/20/2023	Listed for sale	$49,900+185.1%
Source: Triad MLS #1119799 Report a problem
6/9/2023	Sold	$17,500$8/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$477 +8.2%	$38,469 +25.1%
2023	$441	$30,740
2022	$441	$30,740
2021	$441 -36.3%	$30,740 -36.3%
2020	$692	$48,290
2019	$692 -1%	$48,290 +40.8%
2018	$699 +40.6%	$34,301
2017	$498	$34,301 +1.2%
2015	$498 +2.3%	$33,885
2014	$487	$33,885