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1012 1st St

Smithfield, NC 27577

3 bd 2 ba 1,526 sqft Built 1957 Lot 15,246 sqft single_family
Most recent sale
$220,000
Sep 11, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 26, 2024 Price changed $285,000 NCRMLS
Mar 13, 2024 Listed $294,900 NCRMLS
Mar 13, 2024 Price changed $295,900 TriangleAreaNC
Mar 5, 2024 Price changed $299,800 TriangleAreaNC
Feb 12, 2024 Price changed $299,900 TriangleAreaNC
Jan 24, 2024 Listed $314,900 TriangleAreaNC
Sep 11, 2023 Sold $220,000 NCRMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $200,640 $80,000 $280,640 $2,722
2023 $72,960 $60,000 $132,960 $1,675
2022 $72,960 $60,000 $132,960 $1,728
2021 $72,960 $60,000 $132,960 $1,728
2020 $72,960 $60,000 $132,960 $1,768
2019 $72,960 $60,000 $132,960 $1,768
2018 $70,730 $47,320 $118,050 $1,593
2017 $70,730 $47,320 $118,050 $1,593
2016 $70,730 $47,320 $118,050 $1,593
2015 $70,730 $47,320 $118,050 $1,593
2014 $70,730 $47,320 $118,050 $1,593
2012 $118,050 $1,593
2011 $70,730 $47,320 $118,050 $1,593
2009 $61,030 $37,860 $98,890 $1,335
2008 $61,030 $37,860 $98,890 $1,335

Property facts

Year built
1957
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,526 sqft
Lot size
15,246 sqft
ZIP code
27577
City
Smithfield
Street
1st St
Coordinates
35.49871, -78.35689

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,060
Gross rental yield
11.24%
Implied cap rate
7.30%
Trend-extrapolated value

Frequently asked questions

When did 1012 1st St last sell?
1012 1st St most recently sold on Sep 11, 2023 for $220,000.
What is the current tax assessment for 1012 1st St?
The most recent total assessment for 1012 1st St (year 2025) is $280,640 with $2,722 in property tax.
How does 1012 1st St's assessment compare to its last sale price?
The current assessment is 27.6% above the last sale price of $220,000.
When was 1012 1st St built?
1012 1st St was built in 1957.
How does 1012 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 1012 1st St?
1012 1st St is a 3 bed, 2 bath, 1,526 sqft, 15,246 sqft lot single_family.
Is 1012 1st St a flip candidate?
No — 1012 1st St does not appear in our flips dataset.
Is 1012 1st St a tax-appeal candidate?
Yes — 1012 1st St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-5.2%
Implied 1-yr
-20.8%
2026 Q3
$261.8K
2026 Q4
$253.1K
ZIP 27577 — Median Price History + Forecast

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