40 Prospectus Ln, Franklinton, NC 27525 Property Records

Franklin County property record for 40 Prospectus Ln, Franklinton, NC 27525 · Last verified August 2026

Property Summary

Property TypeSingle Family Home
Details4 bd · 2.5 ba · 2,036 sqft · built 2018
Lot Size0.39 acres (16,988 sqft)
Owner2 Individual Names on File
Last Sale$255,000 (Jul 2020)
Tax Bill$2,348 (2025)
Deeds & MortgagesDec 2021 Mortgage
Jul 2020 Sale & Mortgage
+ 3 more
Flood ZoneZone X (minimal risk)
APN1863-85-3228

Property Details

APN / Parcel Number

Primary APN1863-85-3228
Alternative APN
  • 043732

Interior

Bedrooms4 Beds
Full Baths2.5 Baths
Half Baths1 Half Bath
Plumbing Fixtures12 Plumbing Fixtures
Total Rooms8 Rooms
Stories2 Stories
Building Area2,036 sqft Total Area
Basement Area826 sqft
Finished Basement826 sqft
FlooringHardwood
Interior WallsWallboard/Drywall
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 2018
Effective Year BuiltEffective 2018
Architectural StyleColonial
Exterior MaterialBrick
Foundation TypeNo Foundation
Roof TypeGable
Roof MaterialAsphalt
Lot Area16,988 sqft (0.39 acres)
Garage TypeAttached - Finished
Garage Area462 sqft
PorchSlab
Porch Area84 sqft

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHVAC
Heating FuelElectric
SewerConnected

Location & Zoning

Street Address40 PROSPECTUS LN
CityFRANKLINTON
StateNC
Zip27525-9122
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal SubdivisionASHTON MEADOWS LOT
Legal Lot Number84
JurisdictionFRANKLIN NC
Township / Civil DivisionYOUNGSVILLE
Census Block Group2
Census Block2009
Census Tract60502

Owner

Source: Franklin County records · APN 1863-85-3228

Assessment roll updated November 11, 2025 · Last verified August 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record2 Individual Names on File
Mailing Address40 PROSPECTUS LN, FRANKLINTON, NC 27525-9122
OccupancyOwner Occupied
Owner TypeIndividual
VestingTenants by the Entirety

Deeds, Mortgages & Sale History

DateDocument
Dec 13, 2021Deed of Trust, Mortgage · Conventional Mortgage
COASTAL FCU
Jul 08, 2020Warranty Deed, Transfer
COASTAL CU
Aug 30, 2018Deed of Trust, Mortgage
STATE EMPS CU
Aug 30, 2018Warranty Deed, Subdivision Related Transfer
ATTORNEY ONLY
Aug 03, 2018Warranty Deed, Transfer
ATTORNEY ONLY

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Last SaleJul 08, 2020 · Amount on Record
Deed SaleJul 08, 2020 · Amount on Record
Prior SaleAug 30, 2018 · Amount on Record
Deed Book / Page2215 / 1003
Last Transfer DateAug 03, 2024
Transfer Doc0023730405
Record UpdatedSep 20, 2026

December 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionFRANKLIN NC
Property Address40 PROSPECTUS LN, FRANKLINTON, NC 27525-9122
Transaction TypeMortgage
Record UpdatedAug 22, 2022
Title CompanyCITY OF OAKS LAW

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0022822023
DateDec 13, 2021
Book Page2282/2023
Lender
NameCOASTAL FCU
TypeCredit Union
AddressRALEIGH, NC 27609
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term361 Months
DueJan 01, 2052

July 2020: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionFRANKLIN NC
Recording DateJul 08, 2020
Property Address40 PROSPECTUS LN, FRANKLINTON, NC 27525-9122
Document Number0022151003
Book / Page002215 / 001003
Instrument DateJul 08, 2020
Instrument10028158
Transaction TypeTransfer
Record UpdatedAug 25, 2020
Title CompanyATTORNEY ONLY

Transaction

AmountAmount Recorded
Loan-to-Value (LTV)LTV on Record
Tax$510.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address40 PROSPECTUS LN FRANKLINTON NC 275259122, FRANKLINTON, NC 27525-9122

Mortgage

Document Number22151005
DateJul 08, 2020
Book Page002215/001005
Instrument10028159
Lender
NameCOASTAL CU
TypeCredit Union
AddressRALEIGH, NC 27609
Agreement
AmountAmount Recorded
Term360 Months
DueJul 07, 2050

August 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionFRANKLIN NC
Property Address40 PROSPECTUS LN, FRANKLINTON, NC 27525-9122
Document Number0021581945
Instrument DateAug 30, 2018
Transaction TypeMortgage
Record UpdatedOct 22, 2020
Title CompanyATTORNEY ONLY

Transferred To (Grantee/Buyer)

NameVerified Name
Address40 PROSPECTUS LN FRANKLINTON NC 27525, FRANKLINTON, NC 27525

Mortgage

Document Number0021581945
DateAug 30, 2018
Book Page002158/001945
Lender
NameSTATE EMPS CU
AddressRALEIGH, NC 27611-5279
Agreement
AmountAmount Recorded
Term360 Months
DueAug 29, 2048
Interest
Rate TypeAdjustable Rate
Rate4.87%

August 2018: Warranty Deed, Subdivision Related Transfer

Document TypeWarranty Deed
JurisdictionFRANKLIN NC
Recording DateAug 30, 2018
Property Address40 PROSPECTUS LN, FRANKLINTON, NC 27525-9122
Document Number0021581943
Book / Page002158 / 001943
Instrument DateAug 30, 2018
Transaction TypeSubdivision Related Transfer
Record UpdatedJan 29, 2019
Title CompanyATTORNEY ONLY

Transaction

AmountAmount Recorded
Tax$460.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipMarried Couple
Address40 PROSPECTUS LN FRANKLINTON NC 27525, FRANKLINTON, NC 27525

August 2018: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionFRANKLIN NC
Recording DateAug 03, 2018
Property Address40 PROSPECTUS LN, FRANKLINTON, NC 27525-9122
Document Number0021561653
Book / Page002156 / 001653
Instrument DateAug 02, 2018
Transaction TypeTransfer
Record UpdatedJan 29, 2019
Title CompanyATTORNEY ONLY

Transaction

AmountAmount Recorded
Tax$19,427.00
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address1450 LAKE ROBBINS DR #430 THE WOODLANDS TX 773803294, 430, THE WOODLANDS, TX 77380-3294
InvestorPossibly a Property Investor

Tax Assessment & Valuation

Source: Franklin County records · Assessment roll updated November 11, 2025 · Last verified August 2026

Property Jurisdictions

TypeName
StateNorth Carolina
CountyFranklin County
Unified School DistrictFranklin County Schools (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

YearTax BillAssessed ValueAssessed Market Value
2025$2,348.00 (+8.7%)$370,150 (+58.94%) Land $63,000 Building $307,150$370,150 (+58.94%) Land $63,000 Building $307,150
2023$2,160.00$232,880 Land $30,000 Building $202,880$232,880 Land $30,000 Building $202,880

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Franklin County (37069C), updated September 18, 2025 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Flood HazardMinimal
500-Year FloodplainNo
Special Flood Hazard AreaNo
Nearest Special Flood Hazard AreaZone AE, within 500 ft

Wildfire

Wildfire RiskLow
above 20% of the US · above 24% of North Carolina
Wildfire LikelihoodAbout 1 in 5,000 per year
ExposureDirect
burnable vegetation at the parcel

Values are read at the parcel center point; lenders make the official flood determination.

Nearby Properties on Prospectus Ln

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