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FranklinALL OTHERS AREA 67312 W 1st Ave✓ Source: REIN MLS #10638810 · record updated Sep 11, 2026 · synced every 2 min · your inquiry is never resold
312 W 1st AVE, FRANKLIN VA 23851 - Main photo
4beds
2.1baths
1,960sqft
93days on market

312 W 1st Ave, Franklin, VA 23851

SoldResidential · built 2024 · ALL OTHERS AREA 67

Facts & features

Type

Residential

Year built

2024

Price / sqft

$148

HOA

None

Taxes

$258/yr

County

Franklin VA

MLS #

10638810

Interior

Bedrooms
4
Full baths
2
Half baths
1
Approx. sqft
1,960
Stories
2
Flooring
Carpet, Vinyl
Total rooms
6
Appliances
Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer

Construction & exterior

Style
Traditional
Subtype
Detached
Foundation
Slab
Roof
Asphalt Shingle
Exterior
Vinyl
Pool
No Pool

Utilities & systems

Heating
Heat Pump
Cooling
Heat Pump
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Lot size
0.2170
Subdivision
ALL OTHERS AREA 67
Zoning
R2
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 1 Car, 3 Space
Possession
CLOSING
Disclosures
Disclosure Statement

Sources: REIN MLS record · city assessor · null fields are suppressed, never faked

About this home

Welcome to modern living in the charming, historic heart of Franklin, Virginia a welcoming community along the Blackwater River, offering small-town charm, convenient access to Suffolk, Norfolk, and the Hampton Roads region, plus easy commutes to North Carolina. This stunning two-story home, custom-built in 2024, delivers like new construction with true move-in-ready perfection — no waiting, no renovations, just immediate comfort. Great for first-time buyers or anyone seeking low-maintenance luxury. All appliances, washer and dryer convey. Don't let this opportunity pass you by, call the listing agent for a showing of your new home today.

Listing courtesy of Gilbert Falk III · EXP Realty LLC · REIN MLS #10638810

Tom & Dariya's overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · Brokered by LPT Realty

At a glance

312 W 1st Ave is a brand-new 2024 construction in Franklin, Virginia — four bedrooms, two and a half baths, and 1,960 square feet of thoughtfully designed living space. You get the comfort of a freshly built home without the wait, right in the heart of a walkable, river-adjacent downtown community.

Read the full overview ↓

Why this home stands out

New construction in an established downtown setting is a rare combination, and 312 W 1st Ave delivers exactly that. Built in 2024, this four-bedroom home brings modern finishes and fresh systems to a city block that already has coffee shops, parks, and a riverfront kayak launch within walking distance. You're not trading convenience for newness — you're getting both at the same address.

ALL OTHERS AREA 67 and the Franklin real estate market

Franklin, Virginia sits along the Blackwater River in Southampton County, about an hour southwest of Norfolk and 45 minutes from Suffolk. It's a small city with a genuine downtown core — locally owned restaurants, community gathering spots, and green space that feels lived-in rather than manufactured. The blocks around W 1st Ave have that same character: sidewalk-friendly streets, mature trees lining the corridors, and neighbors who actually wave. Barrett's Landing Park and the City of Franklin Riverwalk Park are both under a mile away, giving the area a waterfront quality that's rare at this price tier. Franklin's compact size means you're never far from anything, and the surrounding countryside keeps the pace relaxed without feeling remote. Families comparing Franklin homes for sale will notice that the city punches above its weight in terms of community amenities and small-town livability.

What's nearby

Daily life is easy from 312 W 1st Ave. TaylorMade Fitness VA is just 0.2 miles away — practically a warm-up walk before your workout. Wydia's Seafood and Steakhouse is three blocks out for a proper sit-down dinner, and both Fred's Restaurant and Serve are within half a mile for quicker meals. StoreHouse Coffee and The Lighthouse Project give you two solid morning coffee options, each under 0.6 miles. Los Cerezos Latino Store covers specialty grocery runs at 0.6 miles, with Dollar General just a bit farther for everyday essentials. For weekend afternoons, the City of Franklin Riverwalk Park Kayak Launch is under a mile — bring a kayak and you're on the Blackwater River.

For different buyers

For military families relocating

Joint Staff J7 in Suffolk is about 39 minutes from 312 W 1st Ave — a manageable commute that keeps you well outside the congestion of the Hampton Roads core. A VA loan can make a new-construction purchase like this one especially straightforward, with no down payment required for eligible buyers. Franklin's lower cost of living also means your BAH tends to stretch further here than in Virginia Beach or Norfolk.

For first-time buyers

There's a lot to love about buying new construction as your first home — every system, appliance, and surface is fresh, which means fewer surprises in those first few years of ownership. At 1,960 square feet with four bedrooms and two and a half baths, 312 W 1st Ave gives you room to grow without overbuying. Franklin's walkable downtown keeps your day-to-day costs manageable, and a VA loan may be worth exploring if you have any military connection.

More buyer questions

How far is 312 W 1st Ave from Joint Staff J7 in Suffolk?

The drive from 312 W 1st Ave to Joint Staff J7 in Suffolk is approximately 39 minutes under typical conditions, heading northeast via Route 58. It's a straightforward highway-dominant commute without major chokepoints.

What is the flood zone status for 312 W 1st Ave, Franklin, VA?

Flood zone information for this address is detailed in the FloodRisk tile on this page, which pulls current FEMA map data. Franklin does have areas near the Blackwater River that carry flood designations, so reviewing that tile before making decisions is worthwhile.

Is 312 W 1st Ave in an HOA?

Based on available property data, this home does not appear to be subject to a homeowners association. Always confirm with current disclosures during the transaction process.

What parks are near 312 W 1st Ave in Franklin?

Barrett's Landing Park is about 0.6 miles away, and the City of Franklin Riverwalk Park Kayak Launch is roughly 0.7 miles out — both are walkable or a very short drive and sit along the Blackwater River.

Can a VA loan be used to purchase a new-construction home like 312 W 1st Ave?

Yes — a VA loan can be used for new construction, though the process involves a few additional steps compared to a resale purchase, including builder approval and construction inspections. Eligible buyers often find it one of the most competitive financing options available.

Want to see 312 W 1st Ave in person or get current availability details? Reach out to Tom and Dariya Milan at LPT Realty — they know Franklin's market and can walk you through next steps.

Summary generated by AI from public records and publicly available information.

Homes like this one sell fast — see the next one first

Franklin$245K – $335K4+ beds

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Schools

VaHome School Score

Our own 1–10 rating, scored from Virginia Department of Education data.

  • ElementaryS.P. Morton Elementary
  • MiddleJoseph P. King Jr. Middle
  • HighFranklin

VaHome School Score — calculated by VaHome.com from Virginia Department of Education assessment, progress, and attendance data. Attendance zones come from the MLS listing record; confirm the current zone with the school division before making an offer.

Flood & environment

FEMA flood zone X · outside the high-risk area · FIRM 510060

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Not in a designated hurricane evacuation zone.

Source: Virginia Dept. of Emergency Management — Know Your Zone

Location intelligence

Minutes to real places, not a score

Location & Neighborhood

Places within ~1 mile, ordered by distance from this property. Powered by Google Places.

Military Commute

Drive times to nearest bases

Drive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.

The numbers

Run the real carrying cost

Estimates only — taxes come from the public record; confirm rates with your lender. VA-eligible buyers: $0-down financing may apply.

Estimate your monthly payment

$1,610/mo

Principal & interest

$1,504

Property tax

$22

Home insurance

$85

PMI

None

HOA/Condo (paid separately)

None

Estimate only. Association (HOA/condo) fees are paid separately and are not included in the payment above. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.

Value & history

Why the land carries the value

Asking vs. assessment

1160% of $25,000

City assessment record · taxes $258/yr

Land share of assessed value

100% — $25,000

Improvements $0 · assessor record ✓

Price context — similar nearby homes

$140,000$305,000

The 6 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 6 sold). Context for judging the asking price — not an appraisal or an estimate of this home's value.

132 Langston CT · 0.4 mi · 1,960 sqft$300,000 sold 2026-06
407 Walnut ST · 0.3 mi · 1,982 sqft$195,900 sold 2026-06
506 Walnut ST · 0.4 mi · 1,958 sqft$140,000 sold 2026-03

Own a home nearby? See what it is worth today — What's your Franklin home worth?

Sale & Tax History

List Price

$289,900

Price / Sq Ft

$148

Annual Taxes

$258

Monthly Tax

$22

HOA

None

Tax Rate (effective)

0.09%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJun 11, 2026$289,900
Price reducedAug 3, 2026$289,900−$6,000
SoldSep 11, 2026$289,900

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

1060% above assessment

Total Assessed

$25,000

Land

$25,000

Improvement

N/A

Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:

Franklin Assessor (Google)

Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.

Comparable Properties

Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.

Questions buyers ask

Is 312 W 1st Ave in a good school zone?+
The assigned zones on the listing record are S.P. Morton Elementary, Joseph P. King Jr. Middle, Franklin. School attendance zones can change — always confirm enrollment with the local school division.
Is 312 W 1st Ave in a flood zone?+
FEMA maps this parcel in Zone X, outside the high-risk Special Flood Hazard Area. See the flood section on this page for details and sources.
Is there a gym near 312 W 1st Ave?+
Yes — TaylorMade Fitness VA is about 0.4 miles away, per the cached nearby-places record for this address.
Are there parks near 312 W 1st Ave?+
Barrett's Landing Park is about 0.3 miles away.
Where is the nearest grocery store to 312 W 1st Ave?+
Los Cerezos Latino Store is about 0.5 miles away. The closest dining on record is Fred's Restaurant (0.2 mi).
Does 312 W 1st Ave have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 312 W 1st Ave built?+
It was built in 2024, per the listing record.

Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data — never invented.

The people

You'll talk to a person, not a lead queue

TD

Tom & Dariya Milan

Brokered by LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of Gilbert Falk III · EXP Realty LLC · REIN MLS #10638810

Call or text (757) 777-7577

Ask Dariya — instant answers

Schools, flood, drive times, what it really costs to own — answered from this page's data, by chat or voice.

This home has sold

Curious what it means for your own plans? Ask about similar homes nearby, or what your home might sell for in this market.

312 W 1st Ave, Franklin — photo

This one's sold — the next one doesn't have to be.

312 W 1st Ave, Franklin, Virginia 23851 · MLS #10638810 · Source: REIN MLS + public record. Information deemed reliable but not guaranteed — verify independently. School zones subject to change; confirm with the local school division. All locations are described by neutral geographic fact. Equal Housing Opportunity.