502 E Market St, Smithfield, NC 27577 Property Records

Johnston County property record for 502 E Market St, Smithfield, NC 27577

Property Summary

Property TypeOffice Building
Details6 ba · 3,000 sqft · built 1956
Lot Size0.238 acres (10,385 sqft)
OwnerCompany Name on Record
Tax Bill$3,441 (2026)
Deeds & MortgagesMar 2026 Mortgage
Flood ZoneZone X (minimal risk)
APN2000164809

Property Details

APN / Parcel Number

Primary APN2000164809
Alternative APN
  • 15026022

Interior

Plumbing Fixtures6 Plumbing Fixtures
Stories1 Story
Building Area3,000 sqft Total Area
1st Floor Area3,000 sqft
FlooringCarpet
Interior WallsWallboard/Drywall

Exterior

Year BuiltBuilt 1956
Effective Year BuiltEffective 1980
Architectural StyleOther
Exterior MaterialMetal
Fire ResistanceSpecial
Foundation TypeFooting
Roof TypeSteel Frame/Truss
Roof MaterialMetal
Lot Area10,385 sqft (0.238 acres)
Canopy256 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemForced Air with A/C
Heating FuelGas

Location & Zoning

Account Number2000164809
Street Address502 E MARKET ST
CitySMITHFIELD
StateNC
Zip27577-3924
Property CategoryCommercial
Property TypeCommercial > Office > Office Building
Local Zoning CodeCOM
Legal DescriptionMKT & 5TH ST M26L22 169419-206
Legal SubdivisionROSE MANOR SUBDIVISION
JurisdictionJOHNSTON NC
Township / Civil DivisionSMITHFIELD
Census Block Group1
Census Block1002
Census Tract40800

Owner

Source: Johnston County records, as of September 24, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of RecordCompany Name on Record
Mailing AddressPO BOX 1761, SMITHFIELD, NC 27577-1761
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last Transfer DateSep 8, 2005
Transfer Doc0000081807
Record UpdatedOct 29, 2026

March 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionJOHNSTON NC
Property Address502 E MARKET ST, SMITHFIELD, NC 27577-3924
Transaction TypeMortgage
Record UpdatedMar 20, 2026

Transferred To (Grantee/Buyer)

NameVerified Name
Address613 S VERMONT ST, SMITHFIELD, NC 27577-3825

Mortgage

Document Number0000007411
DateMar 11, 2026
Book PageDEED7066/725
Instrument2026007411
Lender
NameUNITED COMMUNITY BANK
TypeBank
Address128 N 2ND ST, SMITHFIELD, NC 27577
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term60 Months
DueMar 11, 2031

Tax Assessment & Valuation

Source: Johnston County assessment roll, as of September 24, 2026

Property Jurisdictions

TypeName
StateNorth Carolina
CountyJohnston County
MunicipalitySmithfield Town
Unified School DistrictJohnston County Schools (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$3,441.00 (+20.74%)$307,270 (+56.32%) Land $132,930 Building $174,340$307,270 (+56.32%) Land $132,930 Building $174,340
2023$2,850.00$196,570 Land $83,080 Building $113,490$196,570 Land $83,080 Building $113,490

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective July 20, 2022 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on Record
median of 19 policies
Nearby Flood Policies19 in force
Nearby Flood Claims35 (1995–2026)
Most Recent ClaimJul 2026 · rainfall accumulation
Claims by Event
  • Hurricane Matthew, Oct 2016 · 7 claims
  • Hurricane Floyd Major Disaster Declarations, Sep 1999 · 3 claims
  • Hurricane Fran, Sep 1996 · 4 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 80% of the US · lower than 76% of North Carolina
Wildfire Likelihood0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemTOWN OF SMITHFIELD
serves 12,900 people · EPA ID NC0351010
Water SourceSurface water
Last State InspectionMar 2026
LeadUnder 1 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureLead service line inventory
Oct 2024
Monitoring and Reporting1
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 272 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
T-Mobile
Fiber · Fixed Wireless
5,000 / 5,000
Brightspeed
Fiber
2,000 / 2,000
Spectrum
Cable · Fiber in parts of the area
1,000 / 1,000
Verizon
Fixed Wireless
300 / 20
AT&T
Fixed Wireless
100 / 20

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