For sale

Price cut: $25K (6/15)

$304,000

506 Lee St, Franklin, VA 23851

4beds

2,256sqft

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Single Family Residence

Built in 1920

-- sqft lot

$304,200 Zestimate^®

$135/sqft

$-- HOA

What's special

Detached garageExceptionally well cared forSpacious corner lotMove-in-ready comfortAbundant parkingMeticulously updatedExpansive outdoor space

Beautifully maintained home in the heart of Franklin, situated on a spacious corner lot with endless possibilities. This property offers abundant parking and ample room to build an additional structure, making it ideal for future expansion or customization. The expansive outdoor space is perfect for entertaining, gatherings, or simply enjoying the outdoors. A detached garage provides excellent storage and workshop potential. Inside and out, the home has been meticulously updated and exceptionally well cared for, offering move-in-ready comfort in a prime location close to everything Franklin has to offer.

88 days

443

42

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Rooms

Room types: 1st Floor BR, Attic, PBR with Bath, Utility Room

Heating

Electric, Other

Cooling

Central Air, Other

Appliances

Included: Dishwasher, Electric Range, Refrigerator, Electric Water Heater
Laundry: Dryer Hookup, Washer Hookup

Features

Entrance Foyer
Flooring: Carpet, Laminate/LVP, Vinyl, Wood
Basement: Crawl Space
Number of fireplaces: 2
Fireplace features: Propane

Interior area

Total interior livable area: 2,256 sqft

Property

Parking

Total spaces: 1
Parking features: Garage Det 1 Car, Multi Car, Off Street, Driveway
Garage spaces: 1
Has uncovered spaces: Yes

Features

Stories: 2
Patio & porch: Deck, Patio
Pool features: None
Fencing: None
Waterfront features: Not Waterfront

Lot

Features: Corner

Details

Parcel number: 106048869
Zoning: RO

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional,Victorian
Property subtype: Single Family Residence

Materials

Aluminum Siding
Roof: Metal

Condition

New construction: No
Year built: 1920

Utilities & green energy

Sewer: City/County
Water: City/County

Community & HOA

Community

Subdivision: All Others Area 67

HOA

Has HOA: No

Location

Region: Franklin

Financial & listing details

Price per square foot: $135/sqft
Tax assessed value: $200,700
Annual tax amount: $2,185
Date on market: 4/17/2026

Estimated market value

$304,200

$289,000 - $319,000

$2,477/mo

Price history

Price history is unavailable.

Public tax history

Year	Property taxes	Tax assessment
2025	$2,067	$200,700
2024	$2,067 +30.7%	$200,700 +30.7%
2023	$1,582	$153,600
2022	$1,582 +93%	$153,600 +14.3%
2021	$820	$134,400
2020	$820 -45%	$134,400 -10.8%
2018	$1,492	$150,700 +12%
2017	--	$134,500
2016	--	$134,500
2015	--	--
2014	--	--
2013	--	--
2012	--	--
2010	--	--

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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