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FranklinALL OTHERS AREA 67516 Trail Rd✓ Source: REIN MLS #10635915 · record updated Sep 10, 2026 · synced every 2 min · your inquiry is never resold
516 Trail RD, FRANKLIN VA 23851 - Main photo
4beds
2.1baths
1,906sqft
45days on market

516 Trail Rd, Franklin, VA 23851

SoldResidential · built 2023 · ALL OTHERS AREA 67

Facts & features

Type

Residential

Year built

2023

Price / sqft

$192

HOA

None

Taxes

$3,130/yr

County

Franklin VA

MLS #

10635915

Interior

Bedrooms
4
Full baths
2
Half baths
1
Approx. sqft
1,906
Stories
2
Flooring
Carpet, Laminate/LVP
Ensuite bedrooms
1
Total rooms
7
Other rooms
Foyer, PBR with Bath, Pantry, Porch
Appliances
Dishwasher, Disposal, Dryer Hookup, Microwave, Gas Range, Refrigerator, Washer Hookup
Equipment
Ceiling Fan

Construction & exterior

Style
Traditional
Subtype
Detached
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Vinyl
Pool
No Pool
Fencing
Back Fenced,Privacy,Wood Fence

Utilities & systems

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

Lot, parking & ownership

Lot size
0.5600
Subdivision
ALL OTHERS AREA 67
Zoning
SFD
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 2 Car
Possession
SETTLE
Disclosures
Disclosure Statement, Relocation

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

About this home

Like New home on over half acre wooded lot in cul de sac, 4 BR, 2.5 baths with attached 2 car garage. Enter an inviting foyer with lots of natural light to an inviting open floorplan with an oversized family room, dining room, LARGE center island, granite counter tops, corner pantry, plenty of cabinet space, stainless steel applilances. Upstairs there is the primary ensuite with double bowl vanity, oversized walk in closet, and three additional spacious bedrooms and an additional full bath. The laundry room is conveniently located upstairs in addition to a hall linen closet.

Listing courtesy of Linda Bass · Weichert Realtors-KBL Company · REIN MLS #10635915

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

Franklin$310K – $420K4+ 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

$2,261/mo

Principal & interest

$1,894

Property tax

$261

Home insurance

$106

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

Judge value on real ground

Asking vs. assessment

120% of $303,900

City assessment record · taxes $3,130/yr

Land share of assessed value

18% — $55,000

Improvements $248,900 · assessor record ✓

Price context — similar nearby homes

$249,000$385,000

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.

501 Trail RD · 0.1 mi · 1,862 sqft$345,000 sold 2026-04
128 Verna ST · 0.3 mi · 1,920 sqft$285,000 sold 2026-07
101 Parks PL · 0.2 mi · 1,862 sqft$360,000 sold 2026-06

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

Sale & Tax History

List Price

$365,000

Price / Sq Ft

$192

Annual Taxes

$3,130

Monthly Tax

$261

HOA

None

Tax Rate (effective)

0.86%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJul 27, 2026$365,000
SoldJul 15, 2026$365,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

20% above assessment

Total Assessed

$303,900

Land

$55,000

Improvement

$248,900

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 516 Trail Rd 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 516 Trail Rd 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.
Does 516 Trail Rd have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 516 Trail Rd built?+
It was built in 2023, 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 Linda Bass · Weichert Realtors-KBL Company · REIN MLS #10635915

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.

516 Trail Rd, Franklin — photo

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

516 Trail Rd, Franklin, Virginia 23851 · MLS #10635915 · 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.