Commercial B-3 lot with 2.4 acres. Just west of Downtown Smithfield. Prime location on US Hwy 70-Bus with road frontage of 323 ft. Located between 2 stoplight intersections and across from Rose Manor shopping center. Very close to new Amazon Distribution Center and large residential subdivisions currently under construction. Mostly level lot with surprising depth. Water & sewer are accessible. County regional airport is 3 miles away toward Clayton on Hwy 70-Bus W. B-3 zoning uses include offices, banks, retail, food stores/restaurants, convenience stores/gas stations.
Property Details
Property Features
Listing Office:
Office Name: Fonville Morisey/Cary Sales
Office Phone: (919) 859-0800
Listing Agent: Susan Lassiter
Exterior Features
Exterior Information:
View: See Remarks
Lot Features
Lot Information:
Lot Size: 2.40 Acres
Other
Directions Information:
Directions: US Hwy 70-Bus toward Smithfield. This becomes W. Market Street. Property is directly across the highway from Rose Manor Shopping Center/Heavner Furniture and very close to intersection with M. Durwood Stephenson Parkway.
Price Information
Listing Price Info
Price Summary:
List Price: $498,000
Tax Information:
Annual Amount: $630
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Smithfield, NC.
Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/22/2024, 10:21:07 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$630
$48,440
2020
$644
$48,440
2019
$644
$48,440
2018
$654
$48,440
2017
$654
$48,440
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,553
Per Month
Principal & Interest
$2,486
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,560
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
South Smithfield Elementary School
201 W Sanders St
Distance between this listing and this school2.24 miles
Public District Grades PK-5
5
/10
West Smithfield Elementary School
2665 Galilee Rd
Distance between this listing and this school3.04 miles
Public District Grades PK-5
7
/10
Wilson Mills Elementary School
4654 Wilson's Mills Rd
Distance between this listing and this school3.64 miles
Public District Grades KG-5
Nearby Schools
6
/10
Smithfield Middle School
1455 Buffalo Rd
Distance between this listing and this school1.80 miles
Public District Grades 6-8
8
/10
The Innovation Academy at South Campus
521 Martin Luther King Jr Dr
Distance between this listing and this school2.51 miles
Public District Grades 6-8
5
/10
Selma Middle School
1533 US Highway 301 N
Distance between this listing and this school5.34 miles
Public District Grades 6-8
Nearby Schools
3
/10
Smithfield-Selma High School
700 M Durwood Stephenson Pkwy
Distance between this listing and this school2.42 miles
Public District Grades 9-12
5
/10
Neuse Charter School
909 M Durwood Stephenson Pkwy
Distance between this listing and this school2.54 miles
Public Charter Grades KG-12
9
/10
Johnston County Early College Academy
245 College Rd
Distance between this listing and this school2.82 miles
The neighbors living near this home have an average income of $32,164. Most Smithfield, NC residents have annual incomes less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1558 W Market St
What is the listing price of this property?
The listing price of 1558 W Market St property is $498,000.
What type of property is this?
The property 1558 W Market St is land located in Smithfield, North Carolina, 27577.
Is this property for sale now?
Active Listing: 1558 W Market St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $630 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1558 W Market St in Smithfield, NC and zip code 27577. This home sits on a 2.40 acre lot. It has been listed on Rocket Homes since April 08, 2024 and is currently priced at $498,000.
Over 8 listings were sold over their listed price in November 2024 in Smithfield, NC. In the same period over 8 listings were sold below the listed price and 11 listings were sold for the listed price. The number of homes for sale in Smithfield, NC increased by 7.8% between October 2024 and November 2024. The median list price of listings available in November 2024 was $319,900, while the average time on the real estate market was 117 days.
From Rocket Homes Real Estate and based on county public records data.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. 
Figure Skating
Figure Skating
Extreme Sports
NASCAR
Kmart
Academy Sports & Outdoors
Stein Mart
Bob Evans
Little Caesars
Cracker Barrel
Buick
Chevrolet
Ram
Oldies
Country
Adult Standards