Discover the charm of this stunning 13.16-acre waterfront lot on Timmerman Pond in Franklinton, NC. With gorgeous water views, mature trees, and mostly flat, prime acreage, this property offers an ideal canvas for building your dream home. Perfect for nature lovers and fishing enthusiasts, the pond is stocked with bass and catfish, providing a peaceful escape for outdoor living. Located just minutes from downtown Franklinton and a short drive to the Triangle, you'll enjoy the best of both worlds: serene natural beauty and easy access to shopping, dining, and entertainment. Don't miss this rare chance to own your own piece of paradise! See agent disclosures for the seller's boundary survey (Nov. '23) and 4-bedroom perk testing (Nov. '23). The lot can be subdivided once. Please reach out to the listing agents before viewing the property. They are available to provide a guided tour.
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Realty Cary
Office Phone: (919) 882-3200
Listing Agent: Kristen McCutcheon, Elisha McCutcheon
Lot Features
Lot Information:
Lot: Level, Cleared, Wooded
Lot Size: 13.16 Acres
Other
Directions Information:
Directions: From Raleigh I/540, take 401 N/ Louisburg Rd., Turn left onto Ef Cottrell Rd., Turn left onto Timberlake Rd, Destination will be on left.
Price Information
Listing Price Info
Price Summary:
List Price: $700,000
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 Franklinton, 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: 11/21/2024, 2:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,561
Per Month
Principal & Interest
$3,494
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
$2,165
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
5
/10
Louisburg Elementary School
50 Stone Southerland Rd
Distance between this listing and this school2.97 miles
Public District Grades PK-5
6
/10
Royal Elementary School
308 Flat Rock Church Rd
Distance between this listing and this school3.00 miles
Public District Grades PK-5
6
/10
Franklinton Elementary School
431 S Hillsborough St
Distance between this listing and this school6.68 miles
Public District Grades PK-5
Nearby Schools
5
/10
Crosscreek Charter School
306 Sandalwood Ave
Distance between this listing and this school4.26 miles
Public Charter Grades KG-8
6
/10
Terrell Lane Middle School
101 Terrell Ln
Distance between this listing and this school4.94 miles
Public District Grades 6-8
6
/10
Cedar Creek Middle School
2228 Cedar Creek Rd
Distance between this listing and this school5.78 miles
Public District Grades 6-8
Nearby Schools
9
/10
Franklin County Early College
8150 NC 56 Hwy
Distance between this listing and this school1.83 miles
Public District Grades 9-12
6
/10
Louisburg High School
201 Allen Ln
Distance between this listing and this school4.30 miles
Public District Grades 9-12
5
/10
Franklinton High School
910 Cedar Creek Rd
Distance between this listing and this school4.84 miles
The neighbors living near this home have an average income of $11,607. Residents of Franklinton, NC typically earn less than $35k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 705 Timberlake Rd
What is the listing price of this property?
The listing price of 705 Timberlake Rd property is $700,000.
What type of property is this?
The property 705 Timberlake Rd is land located in Franklinton, North Carolina, 27525.
Is this property for sale now?
Active Listing: 705 Timberlake Rd is For Sale (Active/New) which means the seller is accepting offers.
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 705 Timberlake Rd in Franklinton, NC and zip code 27525. This home sits on a 13.16 acre lot. It has been listed on Rocket Homes since November 09, 2023 and is currently priced at $700,000.
In October 2024 more than 6 listings in Franklinton, NC were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 6 were sold below. The number of listings in Franklinton, NC increased by 10.2% between September 2024 and October 2024. In October 2024 median list price was $368,000 and the average listing age was 42 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. 
Monster Trucks
Monster Trucks
NASCAR
Pro Wrestling
Wal-Mart
Dollar General
Academy Sports & Outdoors
Hardee's
Jimmy Johns
Applebees
Chevrolet
GMC
Dodge
Country
New Country