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FranklinALL OTHERS AREA 67506 Walnut St✓ Source: REIN MLS #10635520 · record updated Jun 23, 2026 · synced every 2 min · your inquiry is never resold
506 Walnut ST, FRANKLIN VA 23851 - Main photo
$305,000
$153 / sqft · est. $1,806/mo →
4beds
2.1baths
2,000sqft
1days on market

506 Walnut St, Franklin, VA 23851

SoldResidential · built 1947 · ALL OTHERS AREA 67

About this home

The listing, in the seller's words

Welcome home to this 4-bedroom 2.5 bath stunning estate where ultimate comfort meets eleglance. This beautiful remodeled home has a new roof, new kitchen & stainless-steel appliances, new hot water heater, new fixtures, updated bathrooms, fresh paint throughout & much more. This home boasts a coveted downstairs primary bedroom with en-suite, walk-in closet, & convenient proximity to the main living areas with secondary bedrooms upstairs. Enjoy the best of both worlds on this custom screened sun porch while sipping morning coffee, meditating, lounging, reading, enjoying fresh breezes, & so much more. This crowning jewel of a home has an expansive upstairs flex room. Flooded with natural light, this top-level oasis features direct walkout access to a private, open-air rooftop deck. Seamlessly blending indoor comfort with outdoor living. The rooftop space offers a tranquil escape or an impressive venue for hosting guests. The detached garage has a workshop area & electricity. Must see!

Listing courtesy of Latoya Adkins · Summit Realty Group LLC · REIN MLS #10635520

VaHome team overview

Our read on this home

At a glance

506 Walnut Street is a four-bedroom, two-and-a-half-bath home built in 1947 on a compact Franklin, Virginia lot. With nearly 2,000 square feet of living space, a walkable location, and quick access to the Blackwater River corridor, it offers a lot of everyday convenience in a small-city setting.

Read the full overview ↓

Why this home stands out

What sets 506 Walnut Street apart is the combination of mid-century bones and a genuinely walkable Franklin address. Restaurants, coffee, a grocery option, and riverfront green space are all within half a mile. For a four-bedroom home in a small Virginia city, that kind of daily-errand accessibility is harder to find than most buyers expect — and it makes a real difference in how you actually live here.

ALL OTHERS AREA 67 and the Franklin real estate market

Franklin, Virginia sits in Southampton County in the western corner of Hampton Roads, straddling the Blackwater River and carrying the kind of unhurried, small-city character that's increasingly rare in the region. The streets around Walnut Street reflect the city's older residential core — modest lots, mature trees, and homes that date back to the mid-twentieth century when Franklin was a thriving paper-mill town. Neighbors tend to know each other, and the pace of daily life feels deliberate rather than rushed. Franklin is a self-contained city with its own parks, recreation programs, and a growing riverfront identity anchored by the City of Franklin River Walk Park. While buyers searching for houses for sale 23322 are typically focused on the Virginia Beach zip code, Franklin's 23851 offers a genuinely different lifestyle — one centered on community scale and river access rather than coastal density. Downtown Franklin is compact and walkable from Walnut Street, and the surrounding Southampton County countryside is just minutes away when you want open space.

What's nearby

Daily life is easy from 506 Walnut Street. Barrett's Landing Park and the Franklin Recreation Department are both about four-tenths of a mile away, giving you green space and organized recreation almost at your doorstep. The City of Franklin River Walk Park Kayak Launch is just 0.7 miles out — a genuine perk if you paddle. For coffee, StoreHouse Coffee is a half-mile walk, and The Lighthouse Project is just slightly farther at 0.7 miles. Fred's Restaurant, Serve, and Hardee's all sit within half a mile for quick meals. Los Cerezos Latino Store covers grocery runs at 0.6 miles, and TaylorMade Fitness VA is under a mile for workouts.

For different buyers

For military families relocating

Joint Staff J7 Suffolk is roughly 38 minutes from 506 Walnut Street — a manageable commute that puts you well outside the congestion closer to the base. Franklin's lower cost of living means a VA loan can stretch further here, and BAH for the Suffolk area typically aligns well with what Franklin homes require. It's a trade-off worth running the numbers on.

For families upgrading

Four bedrooms and more than 1,950 square feet give a growing family real room to spread out, and the 1947 construction means the home has the kind of solid, established feel that newer builds often lack. Barrett's Landing Park and the Franklin Recreation Department are both under half a mile away — practical assets when kids need outdoor space on a weekday afternoon.

More buyer questions

How far is 506 Walnut Street from Joint Staff J7 Suffolk?

The drive from 506 Walnut Street to Joint Staff J7 Suffolk is approximately 38 minutes under normal traffic conditions, heading northeast via Route 58.

What is the lot size and property type at 506 Walnut Street?

506 Walnut Street is a single-family residential property on a 0.172-acre lot, offering a manageable yard without the upkeep demands of larger acreage.

Is 506 Walnut Street in a flood zone?

Franklin has areas of varying flood risk given its proximity to the Blackwater River — check the dedicated FloodRisk tile on this page for the specific flood zone designation for 506 Walnut Street.

Where are the nearest parks to 506 Walnut Street?

Barrett's Landing Park and the Franklin Recreation Department are both approximately 0.4 miles from the property, and the City of Franklin River Walk Park Kayak Launch is about 0.7 miles away.

What is the square footage and year built for 506 Walnut Street?

The home offers 1,958 square feet of living space and was originally built in 1947, placing it in Franklin's established mid-century residential stock.

Want to know more about 506 Walnut Street or Franklin's market? Tom and Dariya Milan at LPT Realty are ready to walk you through every detail — reach out anytime.

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

Schools

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

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

1947

Price / sqft

$153

HOA

None

Taxes

$1,608/yr

County

Franklin VA

Waterfront

Yes

MLS #

10635520

Interior

Bedrooms
4
Full baths
2
Half baths
1
Approx. sqft
2,000
Stories
2
Flooring
Other, Wood
Ensuite bedrooms
1
First-floor bed & full bath
Yes
Total rooms
7
Other rooms
1st Floor Primary BR, PBR with Bath, Porch, Utility Room
Appliances
Dishwasher, Dryer Hookup, Microwave, Range, Refrigerator, Washer Hookup
Equipment
Ceiling Fan

Construction & exterior

Style
Traditional
Subtype
Detached
Foundation
Crawl
Roof
Composite
Exterior
Vinyl
Pool
No Pool
Waterfront
Not Waterfront

Utilities & systems

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

Lot, parking & ownership

Subdivision
ALL OTHERS AREA 67
Ownership
Fee Simple
Garage
Yes
Parking
Garage Det 1 Car, Off Street, Driveway Spc, Street
Possession
CLOSING
Disclosures
Disclosure Statement

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

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

$1,806/mo

Principal & interest

$1,583

Property tax

$134

Home insurance

$89

PMI

None

HOA

None

Estimate only. 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

Judge value on real ground

Why we show no algorithmic estimate.

National AVMs misprice homes whose value drivers they can't see. Instead: the sourced assessment above, the carrying cost, real price history, and honest comparables below.

Price context — similar nearby homes

$70,000$300,000

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.

506 Walnut ST · 0 mi · 1,958 sqft$140,000 sold 2026-03
407 Walnut ST · 0.1 mi · 1,982 sqft$195,900 sold 2026-06
418 Walnut ST · 0.1 mi · 1,900 sqft$237,350 sold 2026-03

Sale & Tax History

List Price

$305,000

Price / Sq Ft

$153

Annual Taxes

$1,608

Monthly Tax

$134

HOA

None

Tax Rate (effective)

0.53%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJun 23, 2026$305,000
Price increasedJun 24, 2026$305,000+$5,100
SoldJun 22, 2026$305,000

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

Real questions, answered from the record

Is 506 Walnut St 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 506 Walnut St 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 506 Walnut St?+
Yes — TaylorMade Fitness VA is about 0.8 miles away, per the cached nearby-places record for this address.
Are there parks near 506 Walnut St?+
Barrett's Landing Park is about 0.4 miles away.
Where is the nearest grocery store to 506 Walnut St?+
Los Cerezos Latino Store is about 0.6 miles away. The closest dining on record is Fred's Restaurant (0.5 mi).
Does 506 Walnut St have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 506 Walnut St built?+
It was built in 1947, 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

LPT Realty · Hampton Roads · answer their own phone

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

Listing courtesy of Latoya Adkins · Summit Realty Group LLC · REIN MLS #10635520

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.

506 Walnut St, Franklin — photo

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

506 Walnut St, Franklin, Virginia 23851 · MLS #10635520 · 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.