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705 S 1st St, Smithfield, NC, 27577

2beds
2baths
1,632sqft
$284,900
$175price/sqft
$1,986/moest. monthly cost
$79,440/yrincome needed

About This Home

Welcome to 705 S First Street in Smithfield, a beautifully updated home offering 1,632 square feet of comfortable living space on a spacious corner lot. From the moment you arrive, you'll appreciate the property's inviting curb appeal, highlighted by a circular driveway, fresh exterior touches, and a brand-new front door. Inside, real hardwood floors flow throughout the main living areas and bedrooms, creating warmth and character throughout the home. The large, updated kitchen features abundant cabinet space and plenty of room for meal preparation and gatherings. The bathrooms have been tastefully renovated with stylish tile showers, while fresh paint throughout the home provides a bright, move-in-ready feel. One of the standout features is the expansive sunroom, flooded with natural light through brand-new glass windows and a sliding glass door, offering the perfect space to relax, entertain, or enjoy views of the surrounding property year-round. Outside, you'll find a detached two-car garage and plenty of yard space on the oversized corner lot. Conveniently located close to shopping, dining, and all that Smithfield has to offer, this beautifully maintained home combines modern updates with timeless charm and is ready for its next owner to enjoy.

Getting Around

54
WalkingSomewhat Walkable
0
TransitVery Limited Transit
53
BikeBikeable

Schools

6/10
6/10
Smithfield MiddleGrades 6-82.0 mi
3/10
Smithfield-Selma HighGrades 9-122.4 mi

Construction

Condition

  • Year built: 1947

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Built-In Electric Oven,Built-In Electric Range,Built-In Range,Dishwasher,Dryer,Electric Range,Free-Standing Refrigerator,Ice Maker,Microwave,Range,Range Hood,Refrigerator,Stainless Steel Appliance(s),Washer,Washer/Dryer
  • Laundry features: Inside,Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Chandelier,Stone Counters
  • Flooring: Hardwood,Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Gas Log
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,632
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: None
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 1,632
  • Total interior livable area: 1,632 sqft

Property

Details

  • Parcel number: 15039009
  • Zoning: RES
  • Special condition: Trust

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Enclosed,Patio
  • Exterior features: Awning(s)
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 0.27 Acres

Parking

  • Total spaces: 2
  • Parking features: Circular Driveway,Detached,Driveway,Garage
  • 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
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Hail
Heat Wave
Inland Flooding
Lightning
Strong Wind
Tornado

FEMA Declared Disasters in Johnston 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 $1,440$17,280
Home Insurance *$123$1,476
Property Taxes $223$2,676
Electricity $200$2,405
Total$1,986$23,832
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$68,091/yr
40% on housing$59,580/yr
45% on housing$52,960/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: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$175This listing

vs Other Active Listings

Avg $/sqft

ZIP 27577$144
Johnston County$163

vs Homes Sold Last Month

Median $/sqft

ZIP 27577$172
Johnston County$184

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)

No zestimate history available

Price History

DateEventPrice
2026-08-15Price change$250,000
2026-07-27Price change$284,900
2026-06-06Listed for sale$299,900

For Sale by Agent

AgentDerek Wyatt
BrokerageHTR Southern Properties

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