409 Jones Franklin Rd is a 2,610 square foot multi-family home on a 0.5 acre lot with 3 bathrooms. - it last sold on April 03, 2023 for $555,000. Based on Redfin's Raleigh data, we estimate the home's value is $611,667.
Multi-familyProperty Type
1966Year Built
0.5 acresLot Size
$234Est. Price/Sq.Ft.
2 spacesParking
Source:Public Records
Redfin Estimate
$611,667
$57K since sold in April 2023$1,000 since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 1.8% higher than the average sale price ($601K) of 6 comparable homes.
PROPERTY SOLD AS IS, EXCELLENT CONDITION, STRONG RENTAL HISTORY, tenants pay all utlities! Kitchen and bathrooms in two of the units have been RENOVATED within the last 2 years, HARDWOOD FLOORS throughout all units. This is a wonderful INVESTMENT opportunity in a great LOCATION with little maintence required. PROPERTY SOLD AS IS!
Public Records
Aug 31, 1994
Sold
$120,000
$46/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,668 (+0.4%)
$143,550 + $384,784
$528,334
2024
$4,649 (−4.3%)
$143,550 + $384,784
$528,334
2023
$4,857 (+7.6%)
$143,550 + $384,784
$528,334
2022
$4,516 (+1.9%)
$99,000 + $341,075
$440,075
2021
$4,430 (+1.8%)
$99,000 + $341,075
$440,075
2020
$4,350 (+27.6%)
$108,000 + $341,075
$449,075
2019
$3,409 (+6.0%)
$108,000 + $341,075
$449,075
2018
$3,218 (+4.9%)
$68,425 + $220,571
$288,996
2017
$3,066 (+2.1%)
$68,425 + $220,571
$288,996
2016
$3,004 (−2.6%)
$68,425 + $220,571
$288,996
2015
$3,085 (+5.4%)
$68,425 + $220,571
$288,996
2014
$2,928 (+65.9%)
$74,400 + $217,811
$292,211
2013
$1,765 (−9.8%)
$74,400 + $118,144
$192,544
2012
$1,958 (+1.0%)
$74,400 + $132,626
$207,026
2011
$1,939
$74,400 + $132,626
$207,026
Tax history for 409 Jones Franklin Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,668 (+0.4%)
$143,550 + $384,784
$528,334
2024
$4,649 (−4.3%)
$143,550 + $384,784
$528,334
2023
$4,857 (+7.6%)
$143,550 + $384,784
$528,334
2022
$4,516 (+1.9%)
$99,000 + $341,075
$440,075
2021
$4,430 (+1.8%)
$99,000 + $341,075
$440,075
2020
$4,350 (+27.6%)
$108,000 + $341,075
$449,075
2019
$3,409 (+6.0%)
$108,000 + $341,075
$449,075
2018
$3,218 (+4.9%)
$68,425 + $220,571
$288,996
2017
$3,066 (+2.1%)
$68,425 + $220,571
$288,996
2016
$3,004 (−2.6%)
$68,425 + $220,571
$288,996
2015
$3,085 (+5.4%)
$68,425 + $220,571
$288,996
2014
$2,928 (+65.9%)
$74,400 + $217,811
$292,211
2013
$1,765 (−9.8%)
$74,400 + $118,144
$192,544
2012
$1,958 (+1.0%)
$74,400 + $132,626
$207,026
2011
$1,939
$74,400 + $132,626
$207,026
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
R-6
SRPOD
Residential-6 District
R-6 allows single-unit living in a detached house, or tiny house and two-unit living in an attached house or townhouse or tiny house with a minimum lot size of 6,000 sq ft. Multi-unit living is also allowed in a townhouse.; Smaller minimum lot sizes are permitted as part of a compact development.; Additional building types, and smaller lot sizes as part of a conservation development or cottage court are allowed in exchange for preserving common open space.; Dimensional standards, maximum density, allowed building types, and allowed uses may be modified for the R-6 district within the TOD overlay or Frequent Transit Areas identified in the City’s Comprehensive Plan to enable transit oriented development.
Zone overlays
Special Residential Parking Overlay District
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Infrastructure
Public service-Other
Recreation-Other
Park & open space
Jan 18, 2013 • Final
Commercial building alteration/repairs
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.