#10091105, Gene Troutman, Listing office: Fonville Morisey/Wake Forest S
$247,000 List price
540 S Cheatham St Franklinton, NC 27525
3 beds
2 full
1,270 sqft
0.4 acres
$194 / sqft
House
Property details
About 540 S Cheatham St
Check out this little gem in Franklinton. This 3 bedroom home boosts an upgraded kitchen that was added in 2023. There is even a room that could be used as an office/play room . Plenty of storage space in the upstairs attic that is accessible by a small ladder. Relax on the covered deck and enjoy the spacious yard or sit on the covered front porch. There are storage sheds in the back yard. Close to downtown Franklinton which offers a fantastic selection of restaurants, shops & community gatherings & events.
Highlights
Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingCentral Air
Size1,270 sqft
Lot size0.41 Acres
Year built1950
MLS #10086572
Summary
- Full Bathrooms: 2
- Appliances: Electric Range, Electric Water Heater, Refrigerator
- Basement: No
- Flooring Type: Vinyl
- Total Bedroom Count: 3
- Architectural Style: Bungalow
- Heating: Heat Pump
- Cooling: Central Air
- List Price: $247,000
- Price/SqFt: $194
- Annual Tax Amount: $1,156
- Tax Year: 2024
- Directions: From Raleigh/Wake Forest, Follow Capital Blvd/US Hwy 1 North towards Franklinton. Turn rignt on S Cheatham St. Home will be on the left.
- Year Built: 1950
- Living Area: 1,270 SqFt
- Lot Size: 0.41 Acres
- MLS Number: 10086572
- MLS Name: Doorify MLS
- Office Name: Allen Tate/Raleigh-Falls Neuse
- Office Phone: (919) 866-4600
- Office Email: Mark.Preddy@allentate.com
- Listing Agent: Janet Maureen Novak
Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. 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.
Properties subject to prior sale, change, withdrawal or rental. 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/13/2025, 7:40:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 05, 2016 | Home Sold | $36,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $185,266 | $1,156 |
| 2023 | $61,250 | $639 |
| 2022 | $61,250 | $623 |
| 2021 | $61,250 | $629 |
| 2020 | $61,250 | $633 |
History based on county public records data.
Nearby schools
4
Franklinton Elementary School
Public District PK-5
0.2 mi
•431 S Hillsborough St
7
Long Mill Elementary School
Public District PK-5
3.2 mi
•1753 Long Mill Rd
7
Youngsville Elementary School
Public District KG-5
5.3 mi
•125 US I-A
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,016. The most common annual income of people living in Franklinton, NC is less than $<35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
45%
<35k
45%
35k-100k
9%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
50%
Single, No Kids
16%
Single, with Kids
24%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
7%
12-17 yrs old
16%
18-34 yrs old
45%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
Monster Trucks
NASCAR
Hunting
Where do the neighbors shop?
Wal-Mart
Dollar General
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Chevrolet
GMC
Ram
What do the neighbors listen to?
Country- Classic Country
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 540 S Cheatham St
The listing price of 540 S Cheatham St property is $247,000.
The property 540 S Cheatham St is a house located in Franklinton, North Carolina, 27525.
Active Listing: 540 S Cheatham St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 540 S Cheatham St are: Franklinton Elementary School (GreatSchools Rating 4/10), Long Mill Elementary School (GreatSchools Rating 7/10), Youngsville Elementary School (GreatSchools Rating 7/10), Franklinton Middle School (GreatSchools Rating 4/10), Cedar Creek Middle School (GreatSchools Rating 4/10), Youngsville Academy (GreatSchools Rating 4/10), Franklinton High School (GreatSchools Rating 5/10), Franklin County Early College (GreatSchools Rating 10/10), Wake Forest High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $1,156 (source: MLS/based on county public records data).
The last sale was on February 5, 2016 for $36,000 (source: MLS/tax record).
The property at 540 S Cheatham St has 3 bedrooms and 2 bathrooms.
The property 540 S Cheatham St is 1,270 SqFt (source: MLS/tax record).
The year of construction for 540 S Cheatham St is 1950.
This home is located at 540 S Cheatham St in Franklinton, NC and zip code 27525. This 1,270 square foot home, which was built in 1950, sits on a 0.41 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 3, 2025 and is currently priced at $247,000.
In June 2025, from all listings sold in Franklinton, NC there were more than 0 sold above asking price, over 16 sold below and more than 8 were sold right at the asked price. Between May and June 2025, Franklinton, NC real estate market has seen decrease in the number of listings by 3.1%. While the average time on the market in June 2025 was 30 days, the median list price was $380,000.
From Rocket Homes Real Estate and based on county public records data.