501 Gay Rd

1,847 Sq. Ft.
$168 / Sq. Ft.
1,847
Sq. Ft.
$168
per Sq. Ft.

Description

Investor Special! For the price you would get not one, but two homes on the same 3 acre parcel! This property would be perfect to renovate the houses or to start from scratch on 3 acres in a prime location. Dont let this opportunity pass you by and schedule your showing today!Investor Special! For the price you would get not one, but two homes on the same 3 acre parcel! This property would be perfect to renovate the houses or to start from scratch on 3 acres in a prime location. Dont let this opportunity pass you by and schedule your showing today!
  1. Listed by Nick Ellison • Brokerage DRE #C12285 • Our Town Properties Inc.
    P: (252)-289-3189 C: (252)-289-3189 nick@ourtownproperties.com

Property Details for 501 Gay Road

Subdivision Name
Not In Subdivision
Waterfront
No
Zoning
FCO R-30
LISTING CLOSED: 08/08/2025 12:00 AM

Property Details for 501 Gay Road

StatusClosed
MLS #100516666
Days on Market12
Taxes$2,199 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1969
Lot Size3.00 AC / 130,680 SF
CountyFranklin County

Location

Listing Courtesy of Our Town Properties Inc.

Sold By Keller Williams Realty Points East

Add your commute

Building Information for 501 Gay Road

Stories2Year Built1969Building Size-Lot Size3.00 AC / 130,680 SF

Payment Calculator

$1,728 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,545

Property Taxes

$183

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 501 Gay Road

Summary
Location and General Information
  • Island Or Mainland: Mainland
  • In City Limits: No
  • Secondary Subdivision: N/A
  • Cobra Zone: No
  • Directions: Take Hopkins Chapel Rd to Gay Road, the home will be on the right.
  • Latitude: 36
  • Longitude: -78
  • Road Frontage Type: City Street, State Road
Taxes and HOA
  • Tax Other Assessment Amount Frequency: None
  • Association: No
  • Parcel Number: 001356
  • Tax Book Number: 0
  • Tax Legal Description: 501 Gay road 3 AC
  • Tax Map Number: 0
  • Tax Assessed Value: $369,740
  • Tax Year: 2024
School Information
  • Elementary School: Bunn
  • High School: Bunn
  • Middle Or Junior School: Bunn
Parking
  • Detached Garage Spaces: 0.0
  • Attached Garage Spaces: 0.0
  • Attached Garage: No
  • Carport Spaces: 0.0
  • Garage Spaces: 0.0
  • Parking Total: 0.0
  • Parking Features: On Site, Paved
Property
Lot Information
  • Living Area Range: 1800 - 1999
  • Building Area Total: 1847.0
  • Lot Size Acres: 3.0
  • Lot Size Area: 3.0
  • Lot Size Square Feet: 130680.0
  • Lot Size Dimensions: 378x308x384x311
  • Lot Size Units: Acres
  • Living Area: 1847.0
  • Living Area Units: Square Feet
  • Structure Type: Wood Frame
Property and Assessments
  • Deed Book: 714
  • Deed Page: 35.0
  • Floor Plans Count: 0
  • New Construction: No
  • Possession: Close Of Escrow, At Closing
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1969
  • Permitted Use: Public
Utilities
  • Sewer Provider: Septic Tank
  • Utilities: Other
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Exterior Finish: Brick
  • Construction Materials: Brick
  • Fencing: None
  • Foundation Details: Combination
  • Patio And Porch Features: Deck
  • Roof: Metal
  • Stories: 2
Interior Features
  • Bathrooms Total Source: Computed
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Notational: 1.1
  • Heating System Fuel Source: Electric, Natural Gas
  • Dining Room Type: Combination
  • Master Bedroom Level: Primary Living Area
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Yes
  • Heating: Electric, Forced Air, Natural Gas
  • Interior Features: Basement
  • Levels: Two
  • Room Type: Dining Area
  • Rooms Total: 6
Multi Family
Income & Expenses
  • Operating Expense: $.00
Agent
Sale and Listing
  • Sold Exclusive: No

Property History for 501 Gay Road

DateEvent & SourcePriceAppreciation
Jun 26, 2026

Withdrawn

NCRMLS #100567010

$445,000
Apr 14, 2026

Listed (Active)

NCRMLS #100567010

$460,000
Aug 8, 2025

Sold

NCRMLS #100516666

$310,000
DateEvent & SourcePrice
06/26/2026

Withdrawn

NCRMLS #100567010

$445,000
04/14/2026

Listed (Active)

NCRMLS #100567010

$460,000
08/08/2025

Sold

NCRMLS #100516666

$310,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 501 Gay Road

Taxable ValueLand$84,000Additions$285,740Total$369,740
Tax Record2024$2,309 ($192 / month)
Home Facts
Beds3Baths3Total Finished SqFt1,421 SqFtAbove Grade Finished SqFt1,421 SqFtStories1Lot Size130,680 SqFtStyleSingle Family ResidenceYear Built1969ZoningFCO R-30CountyFRANKLINAPN001356Fireplace TypeHas Fireplace

Schools near 501 Gay Road

This home is within Franklin County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 13
Rating
School
Distance
Bunn Elementary
PublicPK to 5

Bunn Middle
Public6 to 8

Bunn High
Public9 to 12

Franklin County Early College High
Public9 to 13

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Our Town Properties Inc.

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