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Sold for $260,000
  • $260,000

    51517 State Highway 12, Frisco, NC 27936

    2beds
    --sqft
    Single Family Residence, Residential
    Built in 1959
    -- sqft lot
    $331,800 Zestimate®
    $--/sqft
    $2,287 Estimated rent

    Home value

    $331,800

    $305,000 - $358,000

    $2,287/mo

    Zestimate® history
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    What's special

    This home sits on 1/2 an acre that is zoned residential/commercial.Currently designed to be a duplex with 2 bedrooms, one full bath and a galley kitchen in each unit (with separate entrances) for a total of 4 bedrooms, 2 baths and 2 kitchens. This home is a great investment opportunity. Property meets the zoning duplex requirements and has an engineered firewall plan.Each apartment has its own electrical panel box and meter. The area under the house has been built to contain 3 partitions/separate entrances for 2 laundry rooms and one party kitchen for outdoor entertaining. 100% New electrical, 100% New plumbing, town water hook up, new GAF architectural roof, new cedar ship lap siding, new sheathing and paper, new doors and double hung windows, new cedar exterior trim, new decks and stairs, new piling foundation, new air handlers and ducts, located in the attic to make the design feel spacious inside and provides potential for EXCELLENT rental income. Having an unfinished interior also provides the opportunity for a buyer to make it their own or to easily convert this property back to a single family home. This LARGE 24,000 SqFt lot backs up to NC State land that will remain undeveloped, ensuring privacy and beautiful views and is just a 4 minute drive to ramp 49 for beautiful beach access! Additionally, being located on NC 12, this property is also a potential commercial opportunity! **See Associated Docs for a complete list of Seller Improvements.

    Zillow last checked:

    Listing updated:

    Listed by:

    Inna Pencheva 252-207-6647,

    Outer Banks Realty Group

    Bought with:

    John M Mausteller, 325172

    Coldwell Banker Seaside Realty KH

    Source: OBAR,MLS#: 120837MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Central, Electric, Heat Pump
    Cooling
    • Central Air, Heat Pump

    Property

    Features
    • Has view: Yes
    • View description: Park/Greenbelt
    • Waterfront features: None
    Lot
    • Features: Adj to Park Serv./Preserv, Level
    Details
    • Parcel number: 014934000
    • Zoning: S-1

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage,Coastal
    • Property subtype: Single Family Residence, Residential
    Materials
    • Frame, Wood Siding, Lap Siding, Wood
    • Foundation: Pillar/Post/Pier
    • Roof: Asphalt
    Condition
    • Year built: 1959

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & neighborhood

    Location
    • Region: Frisco
    • Subdivision: None

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash
    • Ownership: Owned More than 12 Months
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/1/2025Listing removed$1,800
    Source: Zillow Rentals Report a problem
    4/3/2025Listed for rent$1,800
    Source: Zillow Rentals Report a problem
    8/31/2023Sold$260,000-1.9%
    Source: OBAR #120837 Report a problem
    8/8/2023Contingent$265,000
    Source: OBAR #120837 Report a problem
    6/4/2023Price change$265,000-5%
    Source: OBAR #120837 Report a problem
    1/31/2023Price change$279,000-5.4%
    Source: OBAR #120837 Report a problem
    1/25/2023Listed for sale$295,000
    Source: OBAR #120837 Report a problem
    1/19/2023Contingent$295,000
    Source: OBAR #120837 Report a problem
    11/16/2022Listed for sale$295,000-1.3%
    Source: OBAR #120837 Report a problem
    2/9/2022Listing removed--
    Source: OBAR #114259 Report a problem
    9/26/2021Price change$299,000-8%
    Source: OBAR #114259 Report a problem
    5/31/2021Price change$325,000-7.1%
    Source: OBAR #114259 Report a problem
    5/7/2021Listed for sale$350,000
    Source: OBAR #114259 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,149 +41.7%$285,000 +106.2%
    2024$811 +24.1%$138,200 +24.1%
    2023$654 +9.5%$111,400 +3.9%
    2022$597 +1.8%$107,200
    2021$586 +0.3%$107,200
    2020$585 +4.9%$107,200 +22.8%
    2019$557 -3.7%$87,300 -3.7%
    2018$579 +10.7%$90,700 +10.7%
    2017$523 +6.7%$81,900
    2016$490 -4.1%$81,900 -4.1%
    2014$511 $85,400 -52.9%
    2012-- $181,400
    2011-- $181,400
    2010-- $181,400
    2009-- $181,400
    2008-- $181,400
    2007-- $181,400

    Find assessor info on the county website

    Neighborhood: 27936

    Nearby schools

    GreatSchools rating
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    $331,800
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    +$6,636
    With Zillow Showcase(estimated)
    $338,436