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504 S Franklin St, China Grove, NC, 28023

5beds
3baths
4,093sqft
$629,999
$154price/sqft
$4,408/moest. monthly cost
$176,320/yrincome needed

About This Home

Can not miss this one! Where all of your modern needs meet historic charm. This Beautiful home is tucked into the beautiful growing town of China Grove. This 5 bedroom, 2.5 bathroom home will take your breath away. It has all of its gleaming original Hardwood floors and original custom made tub and showers. It offers a huge laundry room and built in drop zone. It has a custom home office and amazing sunporch. There is a walk-in pantry off the huge open kitchen. Don't miss out on the amazing home. Schedule a showing today!

Getting Around

36
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

6/10
2/10
3/10
South Rowan High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1936

Materials

  • Foundation: Crawl Space
  • Roof: Metal
  • Construction materials: Brick Full,Vinyl

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Oven,Electric Range,Electric Water Heater,Microwave,Refrigerator
  • Laundry features: Mud Room

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Interior Entry,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bedrooms: 1

Features

  • Door features: French Doors,Insulated Door(s),Sliding Doors,Storm Door(s)
  • Window features: Insulated Windows
  • Flooring: Tile,Wood
  • Finished area below ground: 0
  • Finished area above ground: 4,093

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,093
  • Total interior livable area: 4,093 sqft

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 104038
  • Zoning: RT
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Enclosed,Glass Enclosed

Lot

  • Lot size: 0.86 Acres

Parking

  • Total spaces: 2
  • Parking features: Driveway,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Ice Storm
Lightning
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Rowan County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,185$38,220
Home Insurance *$248$2,976
Property Taxes $594$7,128
Electricity $381$4,574
Total$4,408$52,896
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$151,131/yr
40% on housing$132,240/yr
45% on housing$117,546/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.7%
13.7%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 6.8%
6.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$154This listing

vs Other Active Listings

Avg $/sqft

ZIP 28023$151
Rowan County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 28023$213
Rowan County$178

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-07Price change$649,999
2026-04-10Listed for sale$687,500
2025-06-27Sold$220,000

For Sale by Agent

AgentJennifer Ritchie
BrokerageSutton Properties LLC

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