Skip main navigation
Sold for $1,000,000
  • $1,000,000

    507 E 2nd St, Clayton, NC 27520

    7beds
    6,510sqft
    Single Family Residence, Residential
    Built in 1907
    0.92 Acres Lot
    $1,054,900 Zestimate®
    $154/sqft
    $2,024 Estimated rent

    Home value

    $1,054,900

    $960,000 - $1.17M

    $2,024/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $2,024/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,024/mo

    Rent Zestimate®

    Refinance and save

    $5,815/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $5,815/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Back on the market due to Town of Clayton's denial of the buyer's proposed use. Guest kitchen floor has been updated. The sellers will be addressing most of the issues identified in the inspection report. Nestled in the downtown of Clayton, McWade's Inn presents a compelling investment opportunity. Whether you seek a home for yourself with the added benefit of managing an investment property, this is an opportunity not to be missed. Don't let this chance slip away - schedule a viewing today! Discover the following property features: - Six Spacious Guest Rooms: Each guest room exudes luxury and comfort, providing a serene retreat for visitors. Ensuite bathrooms and individual climate-controlled units upstairs ensure a restful night's sleep in any season. - Full Kitchen for Guests: Our fully equipped kitchen allows guests to prepare their own meals or snacks at their leisure, fostering culinary creativity and independence. - Parlor Room: A cozy gathering space where guests can relax and socialize. - Game Room: Offers a variety of options for amusement, from board games to card tables, catering to diverse tastes and preferences. - Dining Room: Sets the stage for memorable dining experiences. - Owner's Suite: Enjoy a private, comfortable living space, including a kitchen, living room, spacious bathroom, and cozy bedroom. It has its own entryway. Located in a thriving community, McWade's Inn benefits from its proximity to local attractions and events, driving a steady stream of guests year-round. The potential for growth and expansion is significant, offering opportunities to increase revenue through additional services or events. Investing in McWade's Inn means not just acquiring a property, but becoming a part of a rich local tradition and a thriving business. Zoning Information: Zoned Office Institutional (OFI). The property is currently being used as a Bed & Breakfast business. Despite the zoning change, new buyers/owners can maintain the old zoning by establishing B&B within 6 months from the settlement date, provided that the owners reside in the same dwelling. For additional details, please refer to the planning department of town of Clayton. The property is also listed as Commercial, MLS# 10024973. Special Offer for Investors: - For investors interested in establishing a Bed & Breakfast, the sellers are providing complimentary assistance, including training on business management and three months of initial business support. Inclusions: - Appliances and most furniture will convey. This is your chance to own a piece of Clayton's history and a profitable venture in the hospitality industry.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nazokat Srajitinouno Quick 919-345-0519,

    Commission Realty, LLC

    Bought with:

    Nazokat Srajitinouno Quick, 319705

    Commission Realty, LLC

    Source: Doorify MLS,MLS#: 10034375MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 8
    • Full bathrooms: 7
    • 1/2 bathrooms: 1
    Heating
    • Baseboard, Heat Pump
    Cooling
    • Ceiling Fan(s), Central Air, Heat Pump, Wall Unit(s)
    Appliances
    • Included: Disposal, Electric Oven, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator, Washer/Dryer
    • Laundry: Upper Level
    Features
    • Ceiling Fan(s), Double Vanity, Granite Counters, High Ceilings, Kitchen Island, Pantry, Walk-In Shower
    • Flooring: Carpet, Tile, Wood
    • Doors: Storm Door(s)
    Interior area
    • Total structure area: 6,510
    • Total interior livable area: 6,510 sqft
    • Finished area above ground: 6,510
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 8
    • Parking features: Asphalt, Circular Driveway, No Garage, On Site, Parking Lot, Paved
    • Uncovered spaces: 8
    Accessibility
    • Accessibility features: Accessible Approach with Ramp
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Front Porch, Porch, Side Porch, Wrap Around
    • Exterior features: Lighting, Private Entrance, Smart Lock(s), Storage
    • Pool features: None
    • Spa features: None
    • Fencing: None
    • Has view: Yes
    Lot
    • Size: 0.92 Acres
    • Features: Corner Lot
    Details
    • Parcel number: 166917109917
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Victorian
    • Property subtype: Single Family Residence, Residential
    Materials
    • Brick Veneer, Frame
    • Foundation: Block, Brick/Mortar
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1907

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Available, Sewer Connected, Water Available

    Community & HOA

    Community
    • Features: Historical Area, Park, Restaurant
    • Subdivision: Not in a Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Clayton

    Financial & listing details

    • Price per square foot: $154/sqft
    • Tax assessed value: $1,073,900
    • Annual tax amount: $7,959
    • Date on market: 6/8/2024
    • Road surface type: Asphalt, Paved

    Price history

    DateEventPrice
    11/15/2024Sold$1,000,000-4.8%$154/sqft
    Source: Doorify MLS #10034375 Report a problem
    9/26/2024Pending sale$1,050,000$161/sqft
    Source: Doorify MLS #10034375 Report a problem
    8/30/2024Price change$1,050,000-4.5%$161/sqft
    Source: Doorify MLS #10034375 Report a problem
    8/19/2024Listed for sale$1,100,000$169/sqft
    Source: Doorify MLS #10034375 Report a problem
    7/18/2024Pending sale$1,100,000$169/sqft
    Source: Doorify MLS #10034375 Report a problem
    6/8/2024Listed for sale$1,100,000$169/sqft
    Source: Doorify MLS #10034375 Report a problem
    4/23/2024Listing removed--
    Source: Doorify MLS #10022586 Report a problem
    4/12/2024Listed for sale$1,100,000+69.2%$169/sqft
    Source: Doorify MLS #10022586 Report a problem
    12/1/2021Sold$650,000$100/sqft
    Source: Doorify MLS #2356040 Report a problem
    12/1/2021Pending sale$650,000$100/sqft
    Source: Doorify MLS #2356040 Report a problem
    10/16/2021Contingent$650,000$100/sqft
    Source: Doorify MLS #2356040 Report a problem
    8/5/2021Price change$650,000-7.1%$100/sqft
    Source: Doorify MLS #2356040 Report a problem
    5/4/2021Price change$699,900-4%$108/sqft
    Source: Doorify MLS #2356040 Report a problem
    12/3/2020Listed for sale$729,000$112/sqft
    Source: HomeTowne Realty #2356040 Report a problem
    11/1/2020Listing removed$729,000$112/sqft
    Source: HomeTowne Realty #2317679 Report a problem
    5/28/2020Listed for sale$729,000$112/sqft
    Source: HomeTowne Realty #2317679 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,846 +33.2%$1,073,900 +74%
    2024$8,145 +2.3%$617,010
    2023$7,959 -3%$617,010
    2022$8,206 +1.5%$617,010
    2021$8,083 -2.2%$617,010
    2020$8,268 $617,010
    2019$8,268 $617,010 +59.8%
    2018-- $386,040
    2017$5,134 $386,040
    2016$5,134 $386,040
    2015$5,134 +1.9%$386,040
    2014$5,038 $386,040
    2013-- $386,040
    2012-- $386,040
    2011-- $386,040
    2010-- --
    2009-- --
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    2002-- --
    2001-- --
    2000-- --
    Find assessor info on the county website

    Neighborhood: 27520

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Johnston - Cooper Academy
    • Middle: Johnston - Riverwood
    • High: Johnston - Clayton

    Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,054,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,054,900