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412 N 3rd St, Smithfield, NC, 27577

5beds
3baths
3,108sqft
$390,000
$125price/sqft
$2,734/moest. monthly cost
$109,360/yrincome needed

About This Home

THE SANDERS-STALLINGS STORYBOOK COTTAGE A Rare Fairytale European Cottage in Historic Smithfield AN ENCHANTING LANDMARK IN HISTORIC SMITHFIELD The Sanders-Stallings Storybook Cottage is one of the most architecturally distinctive and historically significant residences in Johnston County. Rising gracefully along North 3rd Street beneath a canopy of mature trees walking distance to downtown center, this extraordinary 3108 square foot 5 bedroom, 3 bathroom circa-1927 home appears as though it was transported from a European fairytale village and lovingly placed in the heart of Historic Smithfield. Built for William Marsh Sanders Jr., owner of Sanders Ford Motor Company and a member of one of Smithfield's most influential families, the home reflects a remarkable chapter in the town's history. Constructed during the optimism and prosperity of the Roaring Twenties, when automobiles were transforming American life and Smithfield was emerging as a thriving commercial center, the residence became a symbol of craftsmanship, innovation, and enduring beauty. Known historically as the Sanders-Stallings House, the property showcases rare Swiss Chalet-inspired architecture seldom found in North Carolina. Its soaring curved gable, decorative half-timbering, charming dormer windows, exposed rafter tails, and handcrafted details create an unmistakable silhouette that has captivated residents and visitors for nearly a century. Over time, admirers have affectionately come to regard it as Smithfield's Storybook Cottage a designation earned through its whimsical character, historic significance, and unforgettable presence. The home was built during the dawn of the automobile age. Historic records show Sanders Motor Company receiving railcar shipments of Ford automobiles into Smithfield as the town entered a period of extraordinary growth and prosperity. As one of the community's prominent families helped shape the future of Johnston County, this remarkable residence stood as a reflection of both ambition and artistry. Through the Great Depression, World War II, the post-war boom, and the transformation of Johnston County into one of North Carolina's fastest-growing regions, the Sanders-Stallings Storybook Cottage has remained a cherished landmark and silent witness to generations of local history. The home was willed to family members for the past three generations. For the first time in over 70 years, the doors to the home are open for the next new owners. Today, it remains one of the crown jewels of the North Smithfield Historic District, offering a rare opportunity to own not simply a home, but a piece of Smithfield's architectural and cultural heritage. The enchanting storybook cottage can be yours!!! Updates: No further Action Letter uploaded on MLS. The exterior of the home has been power washed. Much of the interior of home is being painted fresh creamy whites.

Getting Around

46
WalkingCar-Dependent
0
TransitVery Limited Transit
61
BikeBikeable

Schools

6/10
6/10
Smithfield MiddleGrades 6-81.0 mi
3/10
Smithfield-Selma HighGrades 9-121.5 mi

Construction

Condition

  • Year built: 1927

Materials

  • Foundation: Concrete,Brick/Mortar,Concrete Perimeter,Stone,Other
  • Roof: Shingle, Asphalt
  • Construction materials: Concrete,Stone,Stucco,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage, Craftsman, Tudor, Victorian
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Electric Water Heater,Freezer,Refrigerator,Washer/Dryer,Water Heater
  • Laundry features: Inside,Laundry Room,Main Level

Basement

  • Has basement: Yes
  • Basement: Crawl Space, Interior Entry, Storage Space, Sump Pump, Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Bookcases,Pantry,Ceiling Fan(s),Chandelier,Crown Molding,Eat-in Kitchen,High Ceilings,Natural Woodwork,Second Primary Bedroom,Walk-In Closet(s)
  • Window features: Window Coverings,Window Treatments,Wood Frames
  • Flooring: Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Family Room,Gas Log,Masonry
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 3,108
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central,Forced Air,Natural Gas,None
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,108
  • Total interior livable area: 3,108 sqft

Property

Accessibility

  • Accessibility features: Aging In Place,Central Living Area

Details

  • Parcel number: 15013021
  • Zoning: RES
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Front Porch,Glass Enclosed,Porch,Rear Porch
  • Exterior features: Balcony,Fenced Yard,Private Entrance,Private Yard,Rain Gutters
  • Fencing: Back Yard, Partial
  • Has view: Yes
  • View description: Neighborhood,Trees/Woods

Lot

  • Lot size: 0.30 Acres
  • Features: Back Yard,Few Trees,Front Yard,Level

Parking

  • Total spaces: 4
  • Parking features: On Street,Open,Outside
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4
  • Carport: Yes
  • Carport 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 WeatherVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

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

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 $1,972$23,664
Home Insurance *$168$2,016
Property Taxes $305$3,660
Electricity $289$3,473
Total$2,734$32,808
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$93,737/yr
40% on housing$82,020/yr
45% on housing$72,906/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

$125This 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)

Price History

DateEventPrice
2026-08-17Price change$365,000
2026-07-27Price change$390,000
2026-07-18Listed for sale$435,000
2026-07-16Pending sale$435,000
2026-07-15Listed for sale$435,000

For Sale by Agent

AgentSarah Chaires
BrokerageChapel Hill Realty Group, Inc.

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