When was property at 505 South 16th Street built and last sold?

The property at 505 South 16th Street was built in 1925 and last sold on Mar 1, 2004 for $68,000.

How much is this home worth?

The estimated value of the home located at 505 South 16th Street is $0.

What are some comparable homes to 505 South 16th Street?

There are currently no comparable homes to 505 South 16th Street.

Erwin

28339

505 S 16th Street

$75,000

● House - Off Market

505 S 16th Street

Erwin, NC 28339

2 Beds

1 Bath

1,364 Ft²

$482

Est. Monthly

About This Property

Don't miss this opportunity to invest in Erwin NC! This spacious 2 bedroom home is the perfect opportunity for an investor looking for their next project or a homeowner looking for some sweat equity! Located near downtown Erwin, walking trail, park, nearby shopping and convenient to highways and cities! With some TLC, this home can be restored to its original beauty! Sold as is. Seller will make no repairs. Submit your offer today!

Unit Size

1,364 Ft²

Days on Market

Land Size

0.24 acres

Price per sqft

$55

Property Type

House

Property Taxes

$113

HOA Dues

Year Built

1925

Payment Calculator

Cap Rate Calculator

Last updated: 9 months ago (TMLS #10140867)

Price History

Date / Event	Date	Event
Feb 17, 2026	Sold	Premium
Sold
Jan 29, 2026	In contract	-
In contract
Jan 26, 2026	Price Decreased	$109,000 ↓ $27K (19.9%)
Price Decreased
Jan 13, 2026	Listed by Select Premium Properties Inc.	$136,000
Listed by Select Premium Properties Inc.
Mar 1, 2004	Sold	Premium
Sold

Property Highlights

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1925

Effective Year Built: 1970
Bedroom Count: 2
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 15
Interior Walls Type: 0
Roof Shape Type: 8
Roof Cover Type: 3
Floor Count: 100
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 3
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 10,454

Lot Size Depth Feet: 1,440
Lot Size Frontage Feet: 750
Total Building Area: 1,364
Building Area: 1,364
Building Area Measurement: E

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 1,364
Heating Fuel Type: 3

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: ERWIN MILLS
Land Acres: 0000000240
Standard Land Use Code: 1001
County Land Use Code: 0101
Legal Description 1: 1 LOT E MILLS 75X144 505 SOUTH 16T

Neighborhood

School District Name: Harnett County Schools

School Tax School District: FR81
School Tax District Code 2: CI02
Census Tract: 070500

Zoning

Zoning: R10

Geography

Account Number: 1400015291

Parcel: 06059714170007
Lot: E
Municipality: ERWIN
Latitude: 35.3234
Longitude: -78.6806

Address

Full Address: 505 S 16th St

Address - House Number: 505
Street Direction: S
Address - Street Name: 16th
Address - Suffix Type: St
State: NC
City Name: Erwin
Carrier Code: C001
4-Digit Zip Code: 2501
Zip Code: 28339

Valuation

Tax

Tax Year: 2023

Tax Amount: $132,690
Tax Rate Code Area: SW FR81 RS

Appraisal Valuation

Standard Deviation: 0.2146

Valuation Date: Oct 25, 2023
Confidence Score: 70
Final Value: 191,049
High Value: 232,062
Low Value: 150,036

Market Valuation

Market Total Value: $106,510

Market Land Value: $13,440
Market Improvement Value: $93,070

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $106,510

Sales

Current Sale Contract Date: Mar 01, 2004

Current Sale Recording Date: Mar 01, 2004
Current Sale Price:

Premium
Current Sale Document Type: 27

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Erwin

Stats & Trends

Median Asking:

$225,000

Sale Price/ft²

$160

Below Asking

0.03%

Average Days on Market

Average Home Size

1522 ft²

Average Home Age

64 years

Currently For Sale

36 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 201 W B Street, Erwin, NC, 28339

$1,500 /mo

3 Beds
1 Bath

201 W B Street, Erwin, NC, 28339 Listing by Natalie Turner

Unit for rent at 608 N 16th Street, Erwin, NC, 28339

$1,200 /mo

2 Beds
1 Bath

608 N 16th Street, Erwin, NC, 28339 Listing by Ann Milton

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Stephanie Smith, Select Premium Properties Inc.
Last Updated: 9 months ago
Data Source: TMLS, MLS# 10140867

Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

505 S 16th Street

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Erwin

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions