506 Franklin St
China Grove, NC 28023
2 bd 1 ba 1,008 sqft Built 1989 Lot 13,068 sqft single_family
Most recent sale
$200,000
Dec 28, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 28, 2021 | Sold | $200,000 | MLS #3808000 |
| Nov 20, 2021 | Listed | $184,900 | MLS #3808000 |
| Jul 28, 2017 | Sold | $114,500 | MLS #3287400 |
| Jun 2, 2017 | Listed | $116,500 | MLS #3287400 |
| Jul 30, 2007 | Sold | $98,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $111,704 | $25,000 | $136,704 | $1,558 |
| 2023 | $111,704 | $25,000 | $136,704 | $1,476 |
| 2022 | $79,759 | $20,000 | $99,759 | $1,214 |
| 2020 | $76,269 | $20,000 | $96,269 | $1,153 |
| 2019 | $76,269 | $20,000 | $96,269 | $1,152 |
| 2018 | $64,588 | $21,200 | $85,788 | $1,049 |
| 2017 | $64,588 | $21,200 | $85,788 | $1,049 |
| 2016 | $64,588 | $21,200 | $85,788 | $1,049 |
| 2015 | $64,588 | $21,200 | $85,788 | $1,049 |
| 2014 | $64,588 | $21,200 | $85,788 | $1,022 |
| 2013 | $64,588 | $21,200 | $85,788 | $982 |
| 2012 | $64,588 | $21,200 | $85,788 | $982 |
| 2011 | $64,588 | $21,200 | $85,788 | $923 |
| 2010 | $69,519 | $21,200 | $90,719 | $915 |
Property facts
Year built
1989
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,008 sqft
Lot size
13,068 sqft
ZIP code
28023
City
China Grove
Street
Franklin St
Coordinates
35.57548, -80.57766
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,361
Gross rental yield
8.17%
Implied cap rate
5.31%
Trend-extrapolated value
—
Frequently asked questions
When did 506 Franklin St last sell?
506 Franklin St most recently sold on Dec 28, 2021 for $200,000.
What is the current tax assessment for 506 Franklin St?
The most recent total assessment for 506 Franklin St (year 2025) is $136,704 with $1,558 in property tax.
How does 506 Franklin St's assessment compare to its last sale price?
The current assessment is 31.6% below the last sale price of $200,000.
When was 506 Franklin St built?
506 Franklin St was built in 1989.
How does 506 Franklin St compare to others on Franklin St?
We track 8 other properties on Franklin St. Browse the list under "Other properties on Franklin St" to compare beds, baths, and sale history.
What are the property facts for 506 Franklin St?
506 Franklin St is a 2 bed, 1 bath, 1,008 sqft, 13,068 sqft lot single_family.
Is 506 Franklin St a flip candidate?
No — 506 Franklin St does not appear in our flips dataset.
Is 506 Franklin St a tax-appeal candidate?
No — 506 Franklin St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.5%
Implied 1-yr
+6.1%
2026 Q3
$330.3K
2026 Q4
$335K
ZIP 28023 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Franklin St