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$385,000

Listing Price

3beds

1baths

864sqft

36,590sqft lot

515 Central St, Clayton, NC 27520

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

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For Sale

Off Market

Single Family

Home type

--

Price / sqft

1982

Year built

Home Details

Exceptional opportunity to acquire approximately 5.87 acres with strong residential development potential in the heart of Downtown Clayton. The offering consists of two parcels: 515 Central Street (0.84 acres ), which includes an abandoned/condemned home, and Lot 2 Hillcrest Circle (5.03 acres ). The property offers road frontage and access to city water and sewer with sewer infrastructure already in place, making it an attractive candidate for residential development. Lot 2 Hillcrest Circle is zoned RHD (Residential High Density), while 515 Central Street is zoned RLL (Residential Large Lot), providing flexibility for future planning and development. Can be purchased with 7.07 acre parcel that adjoins these parcels, for almost 13 acres to develop! Contact LA for details. These parcels are ideally situated just off Main Street, the property enjoys convenient access to Downtown Clayton's restaurants, shops, entertainment, and amenities, as well as Business Highway 70 for easy commuting throughout the Triangle region. Rarely does a development tract of this size and location become available within Clayton's thriving downtown area. Builders and developers should explore the potential for a high-demand residential community in one of Johnston County's fastest-growing markets.

Interior Details

Square Feet
  • 864

Bedrooms
  • 3

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Heat Pump

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Electric

Basement
  • Has Basement:

    No

  • Basement Type:

    Unfinished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Carpet

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 36590

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • Other

Exterior
  • Wood

Foundation
  • N/A

Roof
  • Gable/hip

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$886

$24,560

$41,620

--%

$66,180

2019

$886

$24,560

$41,620

--%

$66,180

2018

$951

$21,670

$48,270

--%

$69,940

2017

$930

$21,670

$48,270

--%

$69,940

2016

$930

$21,670

$48,270

--%

$69,940

2014

$912

$21,670

$48,270

--%

$69,940

2013

$912

$21,670

$48,270

--%

$69,940

percent-home-icon

Average Home Price in 27520

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$399,900

2 Beds

3 Baths

857 Sqft

10,019 Lot (sqft)

Sold 09/29/2026

$249,900

2 Beds

2 Baths

811 Sqft

9,148 Lot (sqft)

Sold 10/18/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
385,000
$
Down payment
77,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,310
$
HOA (Monthly)
0
$
PMI
0
$
$2,492
Your Payment
Total Monthly Payment:$2,492
Percent of Income:43%
Affordable:No

Details for 515 CENTRAL ST

Property Debt

Foreclosure Contact Details