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2494 Flat Rock Rd, Franklinton, NC, 27525

3beds
3baths
2,388sqft
$585,000
$245price/sqft
$3,697/moest. monthly cost
$147,880/yrincome needed

About This Home

Home is under construction, to be completed 9/26. This charming 1.5-story ranch style home boasts a grey exterior with white trim, enhanced by a mix of board and batten siding and vinyl shakes. Stone steps lead to a wood front door with obscured glass. The main floor offers convenience with both the primary and guest bedrooms. The heart of the home is an open-concept kitchen and family room, highlighted by a wall-mounted fireplace within a shiplap accent wall and a box mantle. The kitchen features white cabinetry, an island, granite countertops, tile backsplash, all complemented by a sunny breakfast nook. A walk-in pantry provides ample storage space. Off the foyer, an office with double glass doors includes built-in bookshelves. The laundry room is equipped with shelving and a utility sink. The guest bedroom includes a tub with tiled shower walls and a niche. The primary bedroom is a serene retreat with a trey ceiling and crown molding. Its private bath features a large tiled walk-in shower, separate soaking tub, dual vanities with granite countertops and a spacious walk-in closet with wood shelving and sweater boxes. Upstairs the second floor presents a large bonus room, a third bedroom and a full bath, along with ample walk-in storage space and potential for future expansion. The screened porch has a vaulted wood ceiling and ceiling fan. There's plenty of outdoor space for entertaining on this 2.32 acre lot!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
13
BikeSomewhat Bikeable

Schools

7/10
4/10
G C Hawley MiddleGrades 6-88.3 mi
4/10

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Block
  • Roof: Shingle
  • Construction materials: Batts Insulation,Stone,Vinyl Siding

Notable Dates

  • Major remodel year: 2026

Other

  • Builder name: Bailey Homes

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Electric Water Heater,Microwave,Plumbed For Ice Maker
  • Laundry features: Electric Dryer Hookup,Laundry Room,Main Level,Sink,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Block, Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Ceiling Fan(s),Entrance Foyer,Granite Counters,Kitchen Island,Open Floorplan,Separate Shower,Smooth Ceilings,Soaking Tub,Tray Ceiling(s),Walk-In Closet(s),Walk-In Shower,Water Closet
  • Flooring: Carpet,Ceramic Tile,Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,388

Heating & Cooling

  • Heating features: Electric,Forced Air,Heat Pump
  • Cooling features: Central Air,Electric,Heat Pump

Interior Area

  • Total structure area: 2,388
  • Total interior livable area: 2,388 sqft

Property

Details

  • Parcel number: 222222
  • Special condition: Standard

Features

  • Levels: One and One Half, Two
  • Stories: 2
  • Patio & porch: Front Porch
  • Exterior features: Rain Gutters
  • Fencing: None
  • Has view: Yes

Lot

  • Lot size: 2.32 Acres
  • Features: Landscaped,Rectangular Lot

Parking

  • Total spaces: 2
  • Parking features: Attached,Concrete,Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Drought
Hail
Hurricane
Heat Wave
Inland Flooding
Lightning
Strong Wind
Tornado

FEMA Declared Disasters in Granville 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 $2,958$35,496
Home Insurance *$220$2,640
Property Taxes $297$3,564
Electricity $222$2,669
Total$3,697$44,364
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$126,754/yr
40% on housing$110,910/yr
45% on housing$98,586/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: 7.5%
7.5%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -4.7%
-4.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$245This listing

vs Other Active Listings

Avg $/sqft

ZIP 27525$201
Granville County$187

vs Homes Sold Last Month

Median $/sqft

ZIP 27525$181
Granville County$199

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
2026-05-28Listed for sale$585,000

New Construction

AgentPhyllis Howard
BrokerageJulie Wright Realty Group LLC

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