Attention Savvy buyers and investors this property is for you! The lot has the possibility to be subdivided. Charming small town living in Franklinton with easy access to downtown and endless potential! Nestled on a spacious 1.27 acre lot, this 4-bedroom, 2 full bath home offers the perfect blend of space, privacy, and opportunity. TWO BEDROOMS are located on the MAIN FLOOR. A portion of the back yard is fenced. The lot has crepe myrtle trees, a pear tree, grape vines and a storage shed. This property is a fantastic find for anyone looking for room to grow. Whether you are searching for a primary residence or an investment property to add to your portfolio, this one is a must-see. The expansive lot offers the potential to be subdivided for up to 2 additional homesites! Whether you choose to move in, renovate, rent, flip, or split the lot to maximize your return on investment, this property is a rare find in a growing Franklinton market. Check with the town of Franklinton for the possibility to subdivide. Bring your vision and cash in on the potential here! Schedule your tour today and imagine the possibilities!
For sale
Price cut: $4K (9/1)
$295,000
5083 State Highway 56, Franklinton, NC 27525
4beds
2,156sqft
Single Family Residence
Built in 1946
1.28 Acres Lot
$289,600 Zestimate®
$137/sqft
$-- HOA
What's special
Grape vinesPear treeCrepe myrtle treesStorage shed
- 61 days
- 1,226
- 108
Zillow last checked:
Listing updated:
Listed by:
Janet Maureen Novak 919-880-0262,
Howard Hanna Allen Tate Raleigh Falls of Neuse
Source: Doorify MLS,MLS#: 10179220
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 165.2 Square Feet
- Dimensions: 14.0 x 11.8
Bedroom 2
- Level: Main
- Area: 117.76 Square Feet
- Dimensions: 12.8 x 9.2
Bedroom 3
- Level: Second
- Area: 146.88 Square Feet
- Dimensions: 14.4 x 10.2
Bedroom 4
- Level: Second
- Area: 120.96 Square Feet
- Dimensions: 11.2 x 10.8
Bonus room
- Level: Second
- Area: 190.08 Square Feet
- Dimensions: 13.2 x 14.4
Dining room
- Level: Main
- Area: 184.68 Square Feet
- Dimensions: 16.2 x 11.4
Kitchen
- Level: Main
- Area: 269.89 Square Feet
- Dimensions: 19.7 x 13.7
Living room
- Level: Main
- Area: 265.08 Square Feet
- Dimensions: 18.8 x 14.1
Heating
- Natural Gas, None
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range
Features
- Flooring: Luxury Vinyl, Wood
Interior area
- Total structure area: 2,156
- Total interior livable area: 2,156 sqft
- Finished area above ground: 2,156
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Driveway
- Uncovered spaces: 4
Features
- Levels: Two
- Stories: 2
- Fencing: Back Yard
Lot
- Size: 1.28 Acres
Details
- Parcel number: 1865766786
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Foundation: Crawlspace
- Roof: Shingle
Condition
- New construction: No
- Year built: 1946
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Franklinton
Financial & listing details
- Price per square foot: $137/sqft
- Tax assessed value: $308,310
- Annual tax amount: $4,056
- Date on market: 7/10/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$289,600
$275,000 - $304,000
$2,061/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Price change | $295,000-1.3%$137/sqft |
Source: | ||
| 8/6/2026 | Price change | $299,000-4.2%$139/sqft |
Source: | ||
| 7/21/2026 | Price change | $312,000-5.2%$145/sqft |
Source: | ||
| 7/10/2026 | Listed for sale | $329,000+321.8%$153/sqft |
Source: | ||
| 9/13/2016 | Listing removed | $78,000$36/sqft |
Source: Coldwell Banker Howard Perry and Walston #2075272 Report a problem | ||
| 6/25/2016 | Listed for sale | $78,000+44.4%$36/sqft |
Source: Coldwell Banker Howard Perry and Walston #2075272 Report a problem | ||
| 5/21/2014 | Sold | $54,000-9.8%$25/sqft |
Source: Public Record Report a problem | ||
| 4/2/2014 | Listed for sale | $59,900$28/sqft |
Source: CENTURY 21 Hancock Properties #1938443 Report a problem | ||
| 9/16/2013 | Listing removed | $59,900$28/sqft |
Source: CENTURY 21 Hancock Properties #1896523 Report a problem | ||
| 6/19/2013 | Listed for sale | $59,900+1.5%$28/sqft |
Source: CENTURY 21 Hancock Properties, Inc. #1896523 Report a problem | ||
| 4/10/2013 | Listing removed | $59,000$27/sqft |
Source: RE/MAX In The Country #1868120 Report a problem | ||
| 1/9/2013 | Price change | $59,000-7.8%$27/sqft |
Source: RE/MAX In The Country #1868120 Report a problem | ||
| 11/12/2012 | Price change | $64,000-7.4%$30/sqft |
Source: RE/MAX IN THE COUNTRY #1844679 Report a problem | ||
| 7/7/2012 | Listed for sale | $69,120-18.2%$32/sqft |
Source: RE/MAX IN THE COUNTRY #1844679 Report a problem | ||
| 9/21/2011 | Listing removed | $84,500$39/sqft |
Source: RE/MAX IN THE COUNTRY #1774559 Report a problem | ||
| 5/26/2011 | Price change | $84,500-0.5%$39/sqft |
Source: RE/MAX IN THE COUNTRY #1774559 Report a problem | ||
| 4/19/2011 | Price change | $84,900-4.6%$39/sqft |
Source: RE/MAX IN THE COUNTRY #1774559 Report a problem | ||
| 3/20/2011 | Listed for sale | $89,000$41/sqft |
Source: RE/MAX IN THE COUNTRY #1774559 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,056 -1.1% | $308,310 |
| 2024 | $4,103 +75.9% | $308,310 +124% |
| 2023 | $2,332 +1% | $137,610 |
| 2022 | $2,309 +1.8% | -- |
| 2021 | $2,267 -0.6% | -- |
| 2020 | $2,281 +0.3% | -- |
| 2019 | $2,275 +79.1% | $137,610 |
| 2018 | $1,270 | $137,610 +40.8% |
| 2017 | $1,270 | $97,720 +39.5% |
| 2016 | $1,270 | $70,030 |
| 2015 | $1,270 -6.5% | $70,030 -11.5% |
| 2014 | $1,359 | $79,120 |
| 2013 | -- | $79,120 |
| 2012 | -- | $79,120 +4.6% |
| 2011 | -- | $75,663 -5.6% |
| 2010 | -- | $80,133 |
| 2009 | -- | $80,133 |
| 2008 | -- | $80,133 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 27525
Nearby schools
Schools provided by the listing agent
- Elementary: Franklin - Franklinton Elementary
- Middle: Franklin - Franklinton Middle School
- High: Franklin - Franklinton High
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




