Check Availability

1 North Chavis Street

1 North Chavis Street, Franklinton, NC 27525
Property in Franklin
Sold Jul 17, 2018
$62,500
$50,000 by North State Bank
Mortgage Due Aug 01, 2048
Sold Apr 30, 2004
$45,000
Local assessors in Franklinton, NC have categorized 1 North Chavis Street as a residential type of property. The home was built in 1962 and is 62 years old. The property's lot size has been calculated to be 11,195 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 590 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a raised ranch style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1 North Chavis Street has a total of 960 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a building with no basement that is 960 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable style roof that was made of asphalt. Lots of asbestos shingle were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1 North Chavis Street sold most recently in Jul 16, 2018 for a total of $62,500. If you work out the math, that's approximately a cost of $65.10 per sqft. Before that, the property was also sold for $45,000 in Apr 30, 2004. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $896 in taxes each year. 1 North Chavis Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $48,660. If we break it down further, the land itself was valued at $16,560. Improvements to the property, however, were assessed at a total of $32,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Raised Ranch
  • Exterior Walls Type: Asbestos shingle
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 960
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,195
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 590
  • Total Building Area: 960
  • Building Area: 960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 960
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LOT CHAVIS
  • Land Acres: 0.257
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PERRY GRADY W
  • Current Owner 2: PERRY DANA J
  • Previous Owner : HOMAN RICHARD
  • Previous Owner 2: HOMAN JEANETTE SUSANNAH

Neighborhood

  • School District Name: Franklin County Schools
  • Census Tract: 060403

Zoning

  • Zoning: RSM

Geography

  • District: 104
  • Parcel: 007563
  • Municipality: FRANKLINTON
  • Latitude: 36.1059
  • Longitude: -78.4504

    Address

  • Full Address: 1 N Chavis St
  • Address - House Number: 1
  • Street Direction: N
  • Address - Street Name: Chavis
  • Address - Suffix Type: St
  • State: NC
  • City Name: Franklinton
  • Carrier Code: C001
  • 4-Digit Zip Code: 1201
  • Zip Code: 27525

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $896
  • Tax Rate Code Area: FKTN

    Appraisal Valuation

  • Standard Deviation: 0.2521
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 64
  • Final Value: 143,636
  • High Value: 179,854
  • Low Value: 107,417

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $50,000
  • First Open Lien Mortgage Lender: NORTH STATE BANK
  • First Open Lien Mortgage Recording Date: Jul 17, 2018
  • First Open Lien Mortgage Loan Amount: $50,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2048

    Market Valuation

  • Market Total Value: $48,660
  • Market Land Value: $16,560
  • Market Improvement Value: $32,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,660
  • Assessed Land Value: $16,560
  • Assessed Improvements Value: $32,100

    Sales

  • Current Sale Contract Date: Jul 16, 2018
  • Current Sale Recording Date: Jul 17, 2018
  • Current Sale Transaction ID: 11485136861
  • Current Sale Price: $62,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 30, 2004
  • Previous Sale Contract Date: Apr 30, 2004
  • Previous Sale Amount: $45,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTH STATE BANK
  • First Mortgage Transaction Date: Jul 17, 2018
  • First Mortgage Loan Amount: $50,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2048

About Franklinton



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1 North Chavis Street located in?
The 1 North Chavis Street is a located in the neighborhood of Franklin in Franklinton, Franklinton.
What is the average sales price for listings in 1 North Chavis Street?
The average sales price for units in 1 North Chavis Street is $0 currently.

Quantcast